Before he committed mass murder in Colorado late last year, Anderson Lee Aldrich was a lively presence among a group of friends who regularly assembled online for hours to chat, play video games and trade internet memes. The four irreverent …
As Kristen King’s husband lay dying in their yard from three gunshots to his head, the 911 operator asked her: Did she know who killed him – or why? Sobbing, King identified the shooter as her neighbor in the small …
This edition of International People Moves covers appointments at W.R. Berkley and Chaucer. A summary of these new hires follows here. Markel’s Hastings Named President of W. R. Berkley Syndicate Management W. R. Berkley Corp. announced the appointment of James …
Several insurance industry leaders have joined others in the U.S. business community in condemning the violent rioters who stormed the Capitol yesterday in support of President Donald Trump. The protesters damaged the federal property and interrupted legislative proceedings on the …
Civil unrest incidents such as protests and riots are challenging terrorism as the main political risk exposure for companies. Recently, events such as the French “yellow vest” protests (insured losses around $90 million), as well as unrest in Chile (around …
New Jersey-based specialty lines program administrator Axon Underwriting Services has acquired the renewal portfolio of Allianz Global Corporate & Specialty’s (AGCS) U.S. contaminated and consumer products recall insurance business written through Allianz Global Risks US Insurance Co. The transaction builds …
Lloyd’s insurer Advent announced the launch of its online pricing and placing tool, PVPlus. Developed in partnership with CFC Underwriting, this solution gives small and medium sized (SMEs) businesses in the Middle East and North Africa region access to low-ticket …
Newbridge Risk Partners, an underwriting cell on the Castel Underwriting MGA formation platform, has secured a new binder with Lloyd’s and London company market capacity to support the continuing growth of its political violence and terrorism insurance and reinsurance business. …
Allianz Group’s specialist corporate insurer Allianz Global Corporate & Specialty (AGCS) has launched coverage for U.S. businesses when faced with loss related to terrorism and political violence both at home and overseas. Specifically, AGCS provides customizable protection beyond coverage provided …
Talbot Underwriting Ltd., a wholly owned subsidiary of Validus Holdings Ltd., announced the launch of three enhanced Lloyd’s-led terror facilities in the Singapore, Latin American and Dubai markets. In response to the increasing demand for this distinctive coverage, these facilities …
