U.S.
Lloyd’s CEO Beale Urges Regulators: ‘Try and Keep Up’ With Technology Innovations
As insurers try to innovate and address the rapidly changing needs of their clients, Lloyd's of London CEO Inga Beale has a message for regulators who oversee them: "Try and keep up." Beale, speaking ...
Executives On The Move at Erie Insurance, RLI Corp. and JLT Specialty USA
Erie Insurance promoted one of its veteran employees to an executive leadership role. RLI Corp. named one of its veteran executives as its new Chief Claim Officer. JLT Specialty USA appointed someone ...
A Leader Who Communicates Clearly Keeps Everyone Focused on the Mission
A successful leader knows how to communicate clearly to enable his or her team to get the job done. That's one of several core competencies identified in the Center for Creative Leadership's survey ...
NRA Alleges NY Pursued ‘Blacklisting Campaign’ to Chase Away Affiliated Insurers, Banks
The National Rifle Association on Friday sued New York Governor Andrew Cuomo and the state's financial regulator for engaging in what it said was a "blacklisting campaign" aimed at swaying banks and ...
RBS Agrees to Settle U.S. Mortgage Bond Investigation With $4.9B Deal
Royal Bank of Scotland has agreed to pay a smaller-than-expected $4.9 billion to resolve a U.S. investigation into its sale of mortgage-backed securities, paving the way for a long-awaited return of ...
XL Catlin, Nature Conservancy Will Invest in Coastal Wetlands to Mitigate Storm Damages
When Hurricane Sandy hit the U.S. East Coast in October 2012, its 80-mile-per-hour winds and the resulting flooding did about $71 billion in damage. After the storm, researchers found that natural ...
Beware of New Capacity Even as Cyber Insurance Market Soars: Fitch Ratings
The cyber insurance market continues to display both tremendous growth and enormous opportunity for the U.S. property/casualty insurance industry as demand continues to soar, according to a new Fitch ...
Thunderstorms Slammed the U.S. in April, While Africa Floods Claimed 78 Lives
Five separate weather systems caused severe thunderstorms across the United States in April, the strongest of which affected the Plains, Midwest, Southeast, Mid-Atlantic and the Northeast, with ...