News
Executives on the Move at Ryan Specialty, RMS
Ryan Specialty has made appointments to three new senior leadership roles within the Underwriting Managers specialty. Brian Lillis is now chief operating officer. He has been with Ryan Specialty ...
Sunoco Subsidiary Sues AIG’s National Union Over Climate Change Lawsuit Coverage
Sunoco subsidiary Aloha Petroleum has filed a federal lawsuit in Hawaii against AIG's National Union Fire Insurance Company of Pittsburgh, saying the insurer has breached its duty to defend Aloha ...
A market conduct examination is a formal review by a state insurance department of how an insurer operates in the...
Munich Re Keeps No. 1 Spot in Ranking of 50 Global Reinsurers, With Swiss Re at No. 2
Munich Re for the second-straight year holds the top spot in AM Best's annual ranking of the Top 50 Global Reinsurance groups in 2021, followed once again by Swiss Re. The two global reinsurers ...
Environmental Officer Warns New Jersey Is Not Prepared for Climate Change Effects
New Jersey's top environmental officer says the state is not ready for the worsening effects of climate change and rising seas. Testifying Thursday to a joint state Senate-Assembly panel on coastal ...
Q2 Commercial P/C Premiums Up 6.1%: CIAB
The second quarter of 2022 marked a full five years of premium increases across all lines of commercial insurance business, according to the latest report from the Council of Insurance Agents and ...
Aon Teams With University of California to Enhance Wildfire Modeling
Aon plc announced that its Impact Forecasting team will be collaborating with the University of California, Merced and the University of California, Los Angeles to implement the latest climate change ...
Viewpoint: More Sweeping Cellphone Laws Reduce Crash Rates
It's common knowledge that texting while driving is illegal in most places. But what about tapping the screen of your cellphone to accept a faster route suggested by Google Maps? What if your phone ...
NAIC Passes Pet Insurance Model Act
The National Association of Insurance Commissioners (NAIC) has passed a Pet Insurance Model Act to establish appropriate regulatory standards for the growing pet insurance industry. "This model law ...