U.S.
The Latest Launches From AXIS, Great American Insurance Group and Travelers
AXIS Insurance and Simply Business are partnering on a customized insurance offering for entrepreneurs who conduct business from home. Great American Insurance Group has launched a digital platform ...
Executives On The Move at American Financial Group, Lockton and the NICB
American Financial Group promoted from within for its new chief financial officer. Lockton hired a new executive to fill its own CFO slot. The National Insurance Crime Bureau hired a former homeland ...
Hurricane Laura Losses Could Have Been Worse, Modelers Agree
Although Hurricane Laura was the strongest cyclone to strike Louisiana since 1856, damages were limited because it made landfall in a relatively sparsely populated area and the highest winds were ...
Root Hires Former Tennessee Insurance Commissioner McPeak as Expansion Continues
Former Tennessee insurance commissioner Julie Mix McPeak has joined Root Insurance in a leadership role. She is the Ohio-based InsurTech's Senior Deputy General Counsel as of Sept. 1. McPeak is well ...
Social Inflation and the Risk of D&O-GL Clash
Social inflation is the primary explanation offered for the need to increase general liability and excess casualty premiums in the last two years. With social inflation, injured parties are more ...
QBE CEO Regan Departs After Investigation Following Female Employee’s Complaint
QBE Insurance Group's Chief Executive Officer Pat Regan is departing the insurer after an external investigation found his workplace communications did not meet the standards set out in the group's ...
Hippo Completes Acquisition of Spinnaker Insurance
Hippo, an InsurTech and managing general agent focused on home insurance, has completed its acquisition of Spinnaker Insurance Company, with an expansion into additional states next on its plate. The ...
Buffett’s Berkshire Hathaway Invests in Japan’s Five Biggest Trading Firms
Berkshire Hathaway Inc has bought a 5% stake in each of Japan's five biggest trading houses, together worth over $6 billion, marking a departure for Chairman Warren Buffett as he looks beyond the ...