The MEMIC Group, a Portland, Maine-headquartered workers’ compensation specialist, has hired Tammy Bialek as senior production underwriter to support growth within the New York market. Bialek has more than 25 years of underwriting experience in Central and Western New York. …
Travelers Cos. Inc. plans to stick to its recent growth pace for sales of cyber insurance, which protects businesses against hacking and other liabilities, despite potential to boost it, as the insurer assesses risks in the segment, its head of …
Insurance Journal’s Academy of Insurance is offering micro-videos at no cost to insurance professionals through its new Building Blocks tool. The Building Blocks tool supplies professionally created micro-videos for industry education and training teams that already have their own learning …
Xceedance, the provider of insurance consulting, managed services, technology and data sciences, announced a multi-million dollar “Series A” equity investment in ChainThat, a London-based blockchain specialist company serving the re/insurance industry. While the amount of the equity investment was not …
California’s historic wildfires may lead to as much as $8 billion in insured losses. That’s a record for insurers, according to the October 2017 Global Catastrophe Recap from Aon Benfield’s Impact Forecasting. The surge in October wildfires killed at least …
Chord Re, a new underwriting vehicle established by Stefan Long, formerly head of Aspen Re London, has launched operations on Nov. 6. Chord Re expects to both structure and lead programs in specialist classes and will initially underwrite on behalf …
AXA Group announced it is simplifying its operating model by creating five global geographies: France, Europe, the U.S., Asia, and International. In addition, it has created a single, refocused Corporate Center, which is reduced from the three layers (head office, …
American direct investment in financial services that would normally head for Britain will be diverted in part to Dublin because of Brexit, Ireland’s financial services minister Michael D’Arcy said on Friday [Nov. 10]. Dublin’s financial services sector is being boosted …
Everest Re Group, Ltd. has formed the Private Company/Not-for-Profit business segment (Private/NFP) within the Everest Specialty Underwriters unit of Everest Insurance. The new business segment will fit within all areas of Everest’s expanding Financial Lines division. The Private/NFP team will …
Two teenagers whose firing from a Kansas pizza restaurant prompted a national discussion on pay inequality should receive back pay and the corporation that owned the restaurant must implement policies to ensure it follows equal pay laws, a federal judge …
