How ‘Intelligent’ Insurers Grow and Create Value: ACORD Study November 24, 2019 By Andrew G. Simpson Some insurance carriers grow but do not create value. Others shrink but still create value. Some fail at both. Then...
Confessions of a Diehard Fan of Insurance Data: Part 1 November 24, 2019 By Andrew G. Simpson If Bill Pieroni were a Major League Baseball executive, he would be one of those sabermetric types like Oakland’s Billy...
Former Ironshore, Lexington CEO Kelley to Retire at Year’s End from Liberty Mutual November 22, 2019 By Andrew G. Simpson Liberty Mutual Insurance today announced that long-time industry leader Kevin H. Kelley, vice chairman, Global Risk Solutions, will retire at...
AIG Names Barrett to Head Multinational, General Insurance November 19, 2019 By Andrew G. Simpson American International Group has appointed Allison Barrett as global head of Multinational, General Insurance. In this new role, Barrett will...
‘Problematic’ Cannabis Use Has Risen for Adults, Teens Since Legalization: Research November 13, 2019 By Andrew G. Simpson Problematic use of marijuana among adolescents and adults increased after legalization of recreational marijuana use, according to a new study...
Program Manager Victor O. Schinnerer Rebrands as Victor US November 12, 2019 By Andrew G. Simpson Insurance program manager Victor O. Schinnerer and Co. has rebranded as Victor US. The announcement completes the larger global unification...
FEMA Postpones Switch to New Risk-Based Flood Insurance Rating Until 2021 November 8, 2019 By Andrew G. Simpson The federal government is delaying implementation of a major change to its pricing formula for federal flood insurance that bases...
Companies That Are Open About Cyber Risks Fare Better With Investors November 8, 2019 By Andrew G. Simpson Research finds that when one company experiences a cybersecurity breach, other companies in the same field also become less attractive...
Hiscox Names Karpp to Head Executive Risks and Cyber Practice in U.S. November 1, 2019 By Andrew G. Simpson Global specialty insurer Hiscox has appointed Doug Karpp as head of Executive Risks and Cyber in the U.S, which includes...
Industry Applauds House Panel Backing of Terrorism Reinsurance Renewal October 31, 2019 By Andrew G. Simpson Insurance carriers and agents are applauding a House committee vote advancing a bipartisan measure to renew the federal terrorism reinsurance...