News
Amazon Urged to Improve Severe Weather Procedures After Deadly Warehouse Collapse
Regulators are calling on Amazon to improve its procedures for dealing with severe weather like hurricanes and tornadoes that could threaten workers at its warehouses dotted across the country. The ...
Argo Group Exploring ‘Strategic Alternatives,’ Including Potential Sale
Argo Group International Holdings Ltd., the Bermuda-based re/insurer, announced that its board of directors has initiated an exploration of strategic alternatives. As part of this process, the board ...
The Latest Launches From Skyward Specialty, Everest Insurance, ALE Solutions
Skyward Specialty Insurance Group Inc., a provider of specialty property/casualty insurance, has selected a new provider of transactional commercial surety and added cannabis to its transactional ...
U.S. Joins 55 Nations to Set New Global Rules for the Internet
The United States and 55 other nations on Thursday signed a political commitment to push rules for the Internet that are underpinned by democratic values, at a time when the U.S. has accused Russia ...
Global Insurance Rates Continue to Moderate in Q1 – Except Cyber
Global commercial insurance prices rose 11% in the first quarter of 2022, marking the fifth consecutive reduction in rate increases since pricing peaked at 22% in the fourth quarter of 2020, ...
Former Sompo CEO Chang to Join WTW
Michael Chang, former CEO of Sompo International's Global Risk Solutions, will be joining WTW as head of Corporate Risk and Broking (CRB) North America, later in 2022. He will become a member of the ...
Market Conditions Holding Up Better Than Expected: Markel’s Whitt
While soaring first-quarter underwriting profits and significant investment losses may not have surprised investors in Markel Corporation, continued favorable insurance market conditions aren't quite ...
Climate Change Could Put 4% of Global GDP at Risk by 2050: S&P
Climate change could see 4 percent of global annual economic output lost by 2050 and hit many poorer parts of the world disproportionately hard, a new study of 135 countries has estimated. Ratings ...