U.S.
Companies Not Disclosing Extent of Climate Change Risk Exposures
Companies are failing to disclose sufficient detail about how exposed they are to the potential risks of climate change, a global task force said in a report on Wednesday. Many investors have called ...
AIG Names McElroy to Lead Its North America General Insurance Arm
American International Group, Inc. promoted David McElroy to become president and CEO of its North America General Insurance operations. McElroy joined AIG in September 2018 to become Lexington's ...
Market Trend: Millennials Buy More Flood Insurance Than Their Older Counterparts
Millennials — those born between 1981 and 1996— are nearly three times more likely to have purchased flood insurance than their older Baby Boomer counterparts born between 1944 and 1964, a new ...
Pie Insurance Expands Small Biz WC Cover Into 5 New States
Pie Insurance disclosed it has gained regulatory approval to sell workers compensation insurance in a number of new states: Delaware, Indiana, Nevada, South Carolina and Virginia. Small business ...
Large Shipping Losses Declined Rapidly in 2018, Reaching Record Low Levels
Large shipping losses declined by more than 50% in 2018 from the previous year – their lowest level this century, according to Allianz Global Corporate & Specialty SE's (AGCS) Safety & ...
JP Morgan Agrees to Record Settlement in Suit Alleging Bias Against Dads
JPMorgan Chase & Co. has agreed to pay $5 million to resolve a discrimination claim filed by a male employee who alleged the bank's parental leave policy was biased against dads. The payout ...
Even With $1 Trillion in Climate Risks, Companies See Greater Benefits
An analysis of thousands of corporate disclosures on climate-change risks suggests that companies stand to gain more than they lose, mostly within the next five years. Some $2.1 trillion worth of ...
Welcome to the Debut of Our InsurTech Newsletter
Welcome to the debut edition of Carrier Management's InsurTech email newsletter. The launch of this twice-monthly offering comes at a crucial time for InsurTech, which is an increasingly important ...