All good money managers expect to outperform their benchmark, and by one such metric the French insurer and investor AXA SA recently scored a market-beating success. Not by delivering higher returns, but by generating a lower level of global warming. …
MILAN – Italy’s top insurer Generali said on Wednesday it launched a 3.5 billion euro ($4.26 billion) investment plan over five years to support the recovery of European countries hit by COVID-19. The plan, dubbed Fenice 190 to celebrate the …
Britain’s plans to change capital requirement rules for insurers following its departure from the European Union are about tailoring them to local conditions rather than any “gratuitous deregulatory agenda,” its financial services minister said. Britain inherited the Solvency II insurance …
Willis Towers Watson and Liberty Specialty Markets have partnered to offer reputational crisis insurance that enables organizations to transfer the financial risk associated with certain types of reputational crises and provides access to non-insurance capabilities, including AI-powered data analysis. The …
Three bills currently working their way through the Florida Legislature are designed to tackle the rising costs of homeowner roof claims, the costs of attorney fees in homeowner’s claims and issues surrounding notice to insurance carriers. The proposed legislations come …
Bill Minick, founder of Texas-based workers’ compensation/workplace injury benefit risk management firm, PartnerSource, will retire at the end of March. Jennifer Hurless, president of PartnerSource, will continue in her current role leading the company. Minick began his professional career as …
Lawmakers in at least 23 states, often encouraged by vaccine skeptics, have proposed banning employers from requiring workers to get vaccinated against COVID-19 or other infectious diseases. Most bills are sponsored by Republicans, who say employees shouldn’t have to choose …
U.S. Federal Aviation Administration chief Steve Dickson warned on Tuesday of a changed industry in the wake of the COVID-19 pandemic that has shaken air travel over the past year and created new safety risks that must be addressed. “The …
Most professional liability insurers covering architects and engineers (A/E) achieved varied premium growth last year as the U.S. construction industry remained resilient during the COVID-19 pandemic. Yet, worsening claims experience is prompting these insurers to seek larger rate increases, according …
Palomar Insurance has added Reese Smith, III to its expanding sales team as an acount executive specializing in the transportation industry. Smith has experience with trucking insurance and personalized service and will work to assist clients in understanding their company’s …
