News
Wells Media Group Transitions Ownership to Its Employees
Wells Media Group Inc announced that it has become a 100 percent employee-owned firm via the launch of an Employee Stock Ownership Plan (ESOP). Wells Media, the publisher of Insurance Journal, ...
Toyota Starts Offering Auto Cover With Farmers-Owned Toggle in 5 States
Automaker Toyota's insurance arm has begun selling its first branded insurance coverage, Toyota Auto Insurance, in Arizona, Illinois, Indiana, Ohio and South Carolina, and will soon be offering the ...
Effective compliance management in insurance relies on well-organized information and digital processes that accurately reflect producer relationships across multiple interconnected...
Insurance Rates Soar to Cover M&A Boom, Deal or Not
The cost of insurance to cover problems involving M&A has nearly doubled in just two years, underwriters and brokers said, after an explosion of global dealmaking during the COVID-19 pandemic. ...
Half of $17B Litigation Funding ‘Industry’ Money Spent in the U.S.: Swiss Re
Litigation funding has become a $17 billion industry globally, with 52 percent of that money being spent in the United States, Swiss Re said in a report released Thursday. The reinsurer said ...
Personal Finances a Major Source of Stress for Employees: Morgan Stanley
Finances are a major source of stress for employees, affecting both their personal lives and their productivity at work, according to Morgan Stanley's inaugural State of the Workplace Financial ...
MGA Market 2022 Trend Watch: How to Secure London Capacity for U.S. Biz
MGAs thrive on delivering unique solutions for hard-to-place risks, with many companies quick to react to rapidly changing market dynamics. It is testament to the sector's resilience and adaptability ...
Executives On The Move at AIG, AXIS, W.R. Berkley and Liberty Mutual
AIG chose a new Chief Human Resources Officer. AXIS Insurance appointed a new head of its U.S. Excess Casualty team. W. R. Berkley Corporation picked a new head for the Lloyd's managing agent for W. ...
Climbing Prices and Demand Foster Stable Reinsurance Outlook: AM Best
AM Best is maintaining a stable market segment outlook for the global reinsurance segment, citing in part the ongoing positive pricing momentum driven by rising loss cost inflation, enhanced ...