2 CATCo Executives Sue Markel Over Firing; Claim They Are Owed $77 Million February 22, 2019 By Andrew G. Simpson Two fired executives of Markel’s Bermuda reinsurance operations are suing Markel claiming the company created a false narrative alleging they...
Look Who Is Betting on the Agency System February 15, 2019 By Andrea Wells and Andrew G. Simpson According to some pundits, buyers should all be online and the agency system should be dead by now. However, it...
InsurTechs Take Note: Chubb’s Digital Marketplace Serves 1,000 Agents a Day February 13, 2019 By Andrew G. Simpson Giant global insurer Chubb is on a mission to transform itself into a digital enterprise. The company is making substantial...
Big deals February 4, 2019 By Andrew G. Simpson Marsh/JLT, Brown & Brown/Hays Topped 2018 P/C Agency Mergers A handful of big deals dominated the very busy property/casualty insurance...
Insurance Agents Assured of Trump Pass-Through Tax Break Under Final Treasury Rule February 4, 2019 By Andrew G. Simpson The U.S. Treasury issued final regulations and other guidance on a provision of the Tax Cuts and Jobs Act that...
Risk Management Is Answer to Football’s Insurance Problem, Says Top Sports Broker February 1, 2019 By Andrew G. Simpson ESPN ran an in-depth report recently about insurers being unwilling to cover the National Football League (NFL) for general liability...
FEMA Renews $1.3 Billion Reinsurance Program with 28 Carriers January 31, 2019 By Andrew G. Simpson The Federal Emergency Management Agency (FEMA) has renewed for the third year a reinsurance program that transfers future catastrophic flood...
2 Markel CATCo Execs Leave After Reserves Inquiry Unveils ‘Personal Relationship’ January 22, 2019 By Andrew G. Simpson Markel Corp. has reported that Anthony Belisle, Markel CATCo chief executive officer, and Alissa Fredricks, Markel CATCo chief executive officer...
Insurance Agents Assured of Trump Pass-Through Tax Break Under Final Treasury Rule January 18, 2019 By Andrew G. Simpson The U.S. Treasury today issued final regulations and other guidance on a provision of the Tax Cuts and Jobs Act...
Learning by Doing and Undoing: Insurtech Pilots and Pivots January 4, 2019 By Andrew G. Simpson “If you can’t admit a failure, you’re not an entrepreneur. You are not a good business person. There’s nothing brilliant...