U.S.
Marsh Reports Demand Spike for Political Violence Cover in the Gulf
Marsh, one of the world's largest insurance brokers and risk advisers, has seen a spike in clients' enquiries for political violence cover in the Gulf after attacks on tankers and oil installations ...
U.S. Cyber Rates Rise as Insurers Try to Curb Ransomware Exposures
U.S. insurers are ramping up cyber-insurance rates by as much as 25 percent and trying to curb exposure to vulnerable customers after a surge of costly claims, industry sources said. The changes ...
InsurTech CyberCube Calls on Carriers to Set Global Cybersecurity Standards
CyberCube, an InsurTech focused on cyber risk analytics, is calling on the insurance industry to set global cybersecurity standards as the world digitizes. "Internet-connected technologies is a prime ...
Drivers Display Effects of Recreational Pot Even When Not Intoxicated by It: Harvard Study
Recreational cannabis use affects driving ability even when drivers are not intoxicated by marijuana, according to a study from a Harvard Medical School hospital. Published in the Drug and Alcohol ...
QBE North America Makes Castaldo CFO
QBE North America promoted Christopher Castaldo to become its new chief financial officer. Castaldo's new job will be subject to completion of various regulatory requirements. Plans call for him to ...
Liberty Mutual’s Irish Subsidiary Exits Three Lines of Business
Liberty Insurance, the Irish subsidiary of Liberty Mutual Insurance Group, is exiting its commercial liability, commercial property and development bonds lines of business. Liberty will continue to ...
U.S. P/C Insurers Enjoyed Underwriting, Surplus Gains in First 9 Months of 2019
The private U.S. property/casualty insurance industry saw its net underwriting gains increase to $5.4 billion in the first nine months of 2019 from $4.7 billion a year earlier, bolstered by growth in ...
Virtual Currency Firm Gemini Launches In-House Insurer to Boost Crypto Asset Cover
U.S. virtual currency firm Gemini Trust Company announced on Thursday that it has launched its own insurance unit to boost coverage against theft of crypto assets. Gemini's new in-house insurer, ...