The Hartford Reports Big Profit Gain in Q1; Record New Commercial Business May 2, 2018 By Andrew G. Simpson The Hartford reported a big rise in net income for the 2018 first quarter, crediting improved overall underwriting results, lower...
Smith Joins GSJ Re as Executive Vice President April 30, 2018 By Andrew G. Simpson Insurance and reinsurance veteran Thom Smith has joined the Los Angeles-based reinsurance intermediary GJS Re as executive vice president. Smith...
How Parametric Products Work to Supplement Indemnity Policies: RIMS April 30, 2018 By Andrew G. Simpson Corporate risk managers are buying parametric insurance policies to supplement, not replace, their indemnity-based policies. The parametric products worked well...
Lloyd’s Sees Insurance Helping Burgeoning Sharing Economy Grow April 30, 2018 By Andrew G. Simpson A new report commissioned by Lloyd’s of London finds a role for insurance in helping the sharing economy grow by...
Willis Towers Watson Names 3 to Senior Posts in Corporate Broking April 25, 2018 By Andrew G. Simpson Insurance broker Willis Towers Watson announced three senior appointments within its Corporate Risk and Broking segment to strengthen its broking...
Travelers Boosts Q1 Profit; Talks Central Underwriting, Potential with Nationwide Agents April 24, 2018 By Andrew G. Simpson The Travelers Companies boosted its net income for the quarter ended March 31, 2018, by 10 percent to $669 million...
How Insurance Brokers, Risk Managers View the Political Dysfunction in Washington April 20, 2018 By Andrew G. Simpson Congress is headed for a “major showdown” over the flood insurance program, according to an insurance broker lobbyist who notes...
Worldwide Facilities to Acquire Sullivan Group April 9, 2018 By Andrew G. Simpson Two leading Los Angeles-based national wholesale insurance businesses will be joining forces as Worldwide Facilities has agreed to acquire The...
FEMA to Issue First Catastrophe Bond for Flood Insurance Program April 5, 2018 By Andrew G. Simpson In another step shifting risk to private markets, the Federal Emergency Management Agency (FEMA) said it intends to secure additional...
How Medical Marijuana Reduces Opioid Use; Saves Lives, Money April 3, 2018 By Andrew G. Simpson Medical marijuana laws could be a boon to those battling the opioid epidemic, according to researchers who have identified a...