News
Executives On The Move at Everest Insurance and Hiscox
Everest Insurance hired a new Head of Casualty Claims. Hiscox promoted an executive to Group Chief Marketing Officer. *** Everest Insurance hired Louis Manger as Head of Casualty Claims. In this role ...
Uncertainty Remains Whether UK Insurers Will Have to Cover Business Interruption Claims
The biggest uncertainty now facing insurers is whether they will have to pay for a raft of business interruption claims, the Bank of England said, as a court prepares to rule on whether existing ...
U.S. Insurers, Wary of COVID-19, Avoid Already Strained Senior Care Market
The coronavirus pandemic has made it even harder for senior-care centers in the United States to find or afford standard liability insurance, with rates soaring by as much as 300%, insurance brokers ...
State Auto Extends CEO LaRocco’s Contract for 12 More Months
State Auto Financial Corp's board of directors has extended the contract of President and CEO Mike LaRocco for an extra 12 months, citing the need for "stability and continuity" in the face of ...
Chubb Unveils Public-Private Program for Pandemic Biz Interruption
Chubb unveiled a proposal for the insurance industry and federal government to partner on covering future pandemic-related business interruptions—and to get money to small businesses ...
With COVID-19, Carrier Execs, Employees Working From Home Abandon Regular Office Hours
Carrier executives and employees working from home due to the COVID-19 pandemic have seen traditional business hours and office-space spontaneity go out the window, according to an exclusive Wells ...
Lloyd’s Starts Work With Three InsurTechs With Focus on COVID-19 Response
Lloyd's has started work with three InsurTech startups to help the market respond to the COVID-19 pandemic. As part of its package of measures to respond to the COVID-19 pandemic, Lloyd's has ...
Allstate to Grab National General in $4B Cash Offer
U.S. Insurer Allstate Corp said on Tuesday it will buy National General Holdings Corp for about $4 billion in cash, scaling up its auto insurance business at a time when the coronavirus has crushed ...