AXA XL announced that Sean McGovern has been appointed as CEO UK & Lloyd’s market, subject to regulatory approval. McGovern had been performing the role on an interim basis for some months and has now been confirmed on a permanent …
Commercial insurers are facing hefty claims from the coronavirus crisis but are also seeing a steep rise in premiums – tempting companies and industry veterans to raise capital, launch new businesses or expand into new lines. New insurance ventures sprang …
Mike Rice Sr. will retire from Chicago-based Ryan Specialty Group LLC (RSG) at the end of the year, the company said. Rice joined RSG in 2010 as chairman and CEO of RSG Underwriting Managers LLC (RSGUM) and will have completed …
Cannasure Insurance Services has named Jim McErlean director of business development. McErlean will be based in the Redondo Beach, Calif., office. He has more than 20 years of sales, product and distribution management experience in the property/casualty insurance industry. McErlean …
The civil disturbance that started in Minneapolis after the killing by police of George Floyd spread to 20 other states, leading to an unprecedented property insurance catastrophe. The experience will likely impact policy renewals and could even persuade some insurers …
The board of data analytics firm CoreLogic yesterday unanimously rejected an acquisition offer from an investment firm and hedge fund, calling the unsolicited bid undervalued. CoreLogic added that it would be willing to meet with the two firms behind the …
Arkansas’ governor on July 3 signed an order allowing cities to enact measures requiring masks in public to prevent the spread of the coronavirus, relenting after opposing such mandates at the state or local level. Gov. Asa Hutchinson signed an …
NEW YORK — Harvey Weinstein and his former studio’s board have reached a nearly $19 million settlement with dozens of his sexual misconduct accusers, New York state’s attorney general and lawyers in a class-action lawsuit said last week. The agreement …
Alera Group has appointed Jim Wochele national vice president of Sales Development. Based in Cleveland, Ohio, Wochele will oversee sales training and development, strategy and execution across the United States. Wochele is an accomplished consultant, sales manager and keynote speaker …
Talisman Casualty Insurance Co. of Nevada has launched a surety program designed to help its captive clients avoid the possibility of losses caused by a failure on the principal’s part to meet the obligations of their contracts. Surety bonds are …
