News
Nationwide Eyes Q4 Rollout for Spire, a Digital Auto Insurance Platform
Nationwide is striking hard against digital insurer upstart competitors with the debut of Spire, a digital auto insurance platform with an eye on millennial customers. Spire rolls out in the 2019 ...
Lloyd’s Culture Survey Reveals ‘Ugly’ Levels of Sexual Harassment
Lloyd's announced the results of its culture survey, which was commissioned in March in the wake of press reports of rampant sexual harassment in the market. The survey confirms that many women are ...
Chamness Retiring From NAMIC CEO Role
The National Association of Mutual Insurance Companies announced that Charles Chamness, the chief executive officer of the organization, is retiring from the post he held for nearly 17 years. The ...
Executives On The Move at AmTrust and BHSI
AmTrust Financial Service's E&S unit launched its new excess casualty underwriting division and has hired a former Everest Reinsurance Division to lead it. An ex-RSA executive will lead Bershire ...
Munich Re, AAIS Partner to Develop Private Flood Insurance Incentives
Munich Re said it will work with an insurance industry non-profit to help close the flood insurance gap in the U.S. and creative potential incentives for a private market. The global reinsurer's ...
JLT Specialty USA Founding Leader Rice Becomes CEO of CAC Specialty
Newly launched specialty insurance broker CAC Specialty announced the appointment of Michael D. Rice II as its chief executive officer. Rice brings years of experience in the brokerage industry. Most ...
Lockton Joins $32 Million Funding for Bold Penguin, a Commercial Lines InsurTech
Bold Penguin, a commercial insurance technology provider in Columbus, Ohio, said it has completed a $32 million Series B funding round, bringing the total capital it has raised to more than $50 ...
Carriers, California Utility Blast Rival Plan That Would Pay Fire Victims Before Insurers
PG&E Corp. and a group of insurers urged a judge to reject a competing reorganization plan for the bankrupt utility because the proposal would pay fire victims who lost their homes ahead of ...