News
RenRe Launching Casualty, Specialty Venture for ILS Investors
With institutional investors providing the bulk of the capital, RenaissanceRe Holdings has announced the creation of a new joint venture dedicated to casualty and specialty risks. Launched with $475 ...
U.S. Supply-Chain Pressures Soar to a Record, Index Shows
A measure of U.S. supply-chain pressures rose to a record, adding to already stiff inflationary headwinds from logistics amid dwindling warehouse space and unprecedented inventory costs. The ...
Insurance compliance work rarely operates at an entirely predictable pace. A carrier may be managing normal licensing and appointment activity...
Verisk Assembles Climate Advisory Council
Verisk has formed an advisory council to help organizations better understand the impacts of climate change and inform their resilience and sustainability efforts. The Verisk Climate Advisory Council ...
Tech Bytes: New Partnerships at Gradient AI, Fenris Digital, InsurerCore
Gradient AI, an enterprise software provider of artificial intelligence services in the insurance industry, announced that it has partnered with Socotra, the modern core platform provider for ...
Solar Storm to Hit Earth, Prompting Monitoring by Airlines, Electric Grid Operators
A solar storm will sweep across the Earth Wednesday night, raising prospects of dazzling Northern Lights visible as far south as Chicago while prompting airlines and electric-grid operators to step ...
Logistics Giants Hedge Their Bets in Uncertain U.S. Self-Driving Truck Race
Self-driving truck companies in the U.S. have a golden opportunity in the form of a nationwide driver shortage, but their robot drivers still are not ready, and neither are their biggest potential ...
Amica CEO DiMuccio to Retire at End of 2022
Amica Mutual Insurance Company's board of directors announced that Chairman, President and CEO Robert A. DiMuccio plans to retire at the end of 2022 following 31 years with the company, including 17 ...
Executives on the Move at RenaissanceRe, AXIS, Beazley
RenaissanceRe Holdings Ltd. has made key appointments to advance its Environmental, Social and Governance (ESG) strategy. Kevin J. O'Donnell, president and chief executive officer of RenaissanceRe, ...