News
Executives on the Move at Erie, Marsh McLennan
Erie Insurance has named Parthasarathy Srinivasa as executive vice president and chief information officer, effective April 4. Srinivasa joins the company from Verisk Analytics, where he served as ...
Most Middle-Market CFOs Believe ESG Strategy Will Improve Financial Growth
According to a new survey from professional services firm BDO, about two-thirds of middle-market CFOs think implementing an environmental, social and governance (ESG) plan will benefit financial ...
Duck Creek Recognizes LTI as Winner of 2022 Hatch-a-thon
Duck Creek Technologies announced that global technology and digital solutions company LTI has been recognized as the inaugural "Duck Creek Hatch-a-thon" winner at Formation '22. This year is the ...
Lloyd’s Slaps Record Fine on Atrium Underwriters for Bullying, Harassment
Lloyd's of London has fined syndicate member Atrium Underwriters over one million pounds ($1.31 million) for bullying and harassment, the largest fine it has imposed for misconduct, the commercial ...
Colo. Supreme Court Rules Adjuster Not Personally Liable for Denied Claim
A Colorado law that allows claimants to collect double coverage if a claim is unreasonably denied or delayed does not allow plaintiffs to hold claims adjusters personally liable, the state Supreme ...
CAS Releases Reports on Race and Insurance Pricing
The Casualty Actuarial Society (CAS) has started to release multiple reports on racial bias in insurance pricing. "The CAS is proud to move forward with not just a commitment to diversity, equity and ...
Munich Re Exits From Russian, Belarusian Business
Munich Re is joining other insurers, reinsurers and brokers that have withdrawn from business with Russia. Condemning Russia's attack on Ukraine and supporting the sanctions, Munich Re said it will ...
How Lloyd’s is Responding to Events in Ukraine
Russia and Belarus represent less than 1 percent of business transacted by Lloyd's of London, the commercial insurance market said, adding that it would look to curtail Russian exposure in several of ...