Zurich Debuts Global Business Unit Focused on Evolving Risks March 19, 2021 Zurich Insurance Group created a new business unit designed to help customers address evolving risks. The global business unit, Zurich...
AM Best Signs Up to UN Principles for Sustainable Insurance, in Ratings Agency First March 19, 2021 AM Best became a signatory of the United Nations Environment Programme’s (UNEP) Principles for Sustainable Insurance (PSI). The insurance industry...
Lawmakers Look to Spruce Up Gig Work Rather Than Replace It March 19, 2021 By Josh Eidelson Last week in Washington, the Democratic-controlled U.S. House passed a sweeping labor law overhaul that would make it much easier...
Chubb’s Offer to Acquire Rival Hartford: $23.2 Billion March 19, 2021 By Katherine Chiglinsky, Ed Hammond and Dinesh Nair Chubb Ltd., the global insurer led by Evan Greenberg, proposed an acquisition of Hartford Financial Services Group Inc. for about...
UK Broker Specialist Risk Group Lures Team of 16 from AFL, Led by Ex-AFL CEO Bines March 19, 2021 Specialist Risk Group, a London-based insurance broker, have hired a team of 16 from AFL Insurance Brokers, led by Jonathan...
Greensill Capital Creditors, Led by Softbank, Submit More Than $1.4 Billion in Claims March 19, 2021 By Paulina Duran SYDNEY – Thirty-four creditors of Greensill Capital Pty, the Australian parent of the collapsed British supply chain financier, submitted over...
Tokio Marine Faces Larger-Than-Expected Exposure to Greensill Capital Meltdown March 19, 2021 By Patrick Winters and Taiga Uranaka Tokio Marine Holdings Inc. is facing a larger-than-expected exposure to the Greensill Capital meltdown after finding that reinsurance contracts intended...
$8M Jury Award in ‘Walking Dead’ Stuntman’s Death Tossed Out by Court March 19, 2021 An appeals court has thrown out an $8 million jury verdict awarded to the family of a stuntman who was...
Citizens’ CEO: Florida Property Insurance Market is Shutting Down March 19, 2021 By Amy O'Connor Florida’s insurer of last resort, Citizens Property Insurance Corp., has become the insurer of first resort as thousands of new...
The Liberty Company Insurance Brokers Adds Kaiser, English in California March 19, 2021 The Liberty Company Insurance Brokers has named Bethany Kaiser a Senior vice president in the Bakersfield, Calif. office. The firm...