Some States Still Weigh Mandating Business Interruption Coverage April 5, 2021 By Andrew G. Simpson Since about a year ago when their business constituents began complaining that their insurance companies were telling them their policies...
Chubb ‘Disappointed’ in Hartford’s Rejection of Merger Offer, Talks March 29, 2021 By Andrew G. Simpson Global insurer Chubb Ltd. today issued a statement that it is “disappointed that The Hartford chose not to engage in...
Analysts Affirm CNA Ratings As Insurer Continues Probe of Cyber Attack March 29, 2021 By Andrew G. Simpson CNA Financial Corp.’s financial ratings have not been affected by the insurer’s recent cyber attack. AM Best, S&P Global Ratings...
Why Its Bid for The Hartford Is a Personal Lines ‘Chess’ Move by Chubb March 19, 2021 By Andrew G. Simpson While Chubb’s $23.2 billion opening bid for The Hartford appears to be mostly a commercial lines play to many observers,...
Cyber Insurance Firm Coalition Raises $175M; Plans Commercial Lines Expansion March 17, 2021 By Andrew G. Simpson Coalition, a cyber insurance managing general agency and security company, said it has raised $175 million to accelerate its growth...
People Moves: Institutes’ Horowitz; Rizzuto from Travelers to IAT; BHSI Adds AIG’s Freid; Ryan Re Leaders March 17, 2021 By Andrew G. Simpson Horowitz Promoted at The Institutes Katherine Horowitz has been promoted to executive vice president and head of Business Units at...
Some States Still Weigh Mandating Business Interruption Coverage March 16, 2021 By Andrew G. Simpson Since about a year ago when their business constituents began complaining that their insurance companies were telling them their policies...
Google Hires Deloitte’s Walsh to Lead North American Insurance Business March 11, 2021 By Andrew G. Simpson Google has hired former Deloitte Digital partner Nigel Walsh to lead its insurance business in North America. Walsh disclosed the...
Federal Flood Insurance Premiums Far From Keeping Up With Expected Losses March 8, 2021 By Andrew G. Simpson If the nearly 4.3 million residential homes (1-4 units) across the country with substantial flood risk were to be insured...
Largest Wholesale Broker, Amwins, to Acquire Rival Worldwide Facilities March 5, 2021 By Andrew G. Simpson The largest wholesale insurance broker, Amwins Group, is getting even larger as it has agreed to acquire Worldwide Facilities, the...