News
The OIL Group Changes Name as Part of Major Rebrand
Bermuda-based energy insurer OIL Group of Companies has announced a major rebrand and will now be known as Everen Group. The group's operating units have also been renamed: Oil Insurance Limited ...
Executives on the Move at Hiscox, CoreLogic, Ledgebrook
Specialist global insurer Hiscox has appointed Stéphane Flaquet as the group's chief operating officer, effective Sept. 1, 2022 and subject to regulatory consents. Flaquet has been with Hiscox since ...
Cyber Pirates Prowling Ship Controls Threaten Another Big Shock
In February 2019, a large container ship sailing for New York identified a cyber intrusion on board that startled the U.S. Coast Guard. Though the malware attack never controlled the vessel's ...
U.S. Vehicle Quality Hits 36-Year Low as Supply, Labor Woes Continue: J.D. Power
The quality of vehicles sold in the United States fell to a 36-year low in 2022, according to automotive consultant J.D. Power, as labor shortages and supply snags continued to impact automakers. ...
U.S. Mass Shooting Insurance Rates Jump as Incidents Rise
The cost of buying insurance protection against mass shootings has spiked more than 10 percent in the United States this year following a string of deadly events, insurers said. The United States ...
The Latest Launches From Hippo, Woodruff Sawyer, Markel
Hippo Insurance Services announced the expansion of its mortgage partner channel, as well as availability of its home insurance products in Massachusetts. Hippo assists loan originator and servicer ...
NYC, Miami, Tampa, New Orleans Tops Among Storm-Surge Exposed Cities
New York, Miami, Tampa, and New Orleans are the metro areas with the most single-family homes at risk of heavy damage from storm surge during hurricanes, according to a report released by CoreLogic, ...
The Global Urgency of Building the Carbon Removal Industry
"If you build it, they will come." This famous, but paraphrased, quote from the film "Field of Dreams" is apropos of the fledgling carbon removal industry. The demand is there, but supply needs to be ...