Commercial Property Market Stabilizing, With Ample Capacity: USI January 9, 2025 The commercial property market is showing signs of stabilization, and buyers with favorable risk profiles will see rate decreases or...
People Moves: Pennsylvania Lumbermens Names Firko Operating Officer, Promotes 6 January 9, 2025 Pennsylvania Lumbermens Mutual Insurance Company (PLM), headquartered in Philadelphia, named Steve Firko as executive vice president and chief operating officer...
When EVs Take Off: AM Best Reviews Impact on China Motor Insurance January 9, 2025 By Susanne Sclafane Premiums for policies covering new energy vehicles in China have soared to $13.8 billion—a six-fold jump from the level recorded...
Broker McGill Offers Property War Reinsurance for Ukraine January 9, 2025 Broker McGill and Partners has launched a commercial property war risk reinsurance program for Ukraine, which it said on Thursday...
People Moves: Canopius Names CAC’s Burke US Head of Cyber and Technology; Gerber Hired as AXA XL’s Head of Energy Transition, Americas January 9, 2025 Canopius, headquartered in Chicago, appointed Laura Burke as U.S. head of cyber and technology. Burke assumes the role after serving...
Viewpoint: It Is Insurers’ Time to Lead a Resilience Revolution January 9, 2025 By Steven Rothstein and Francis Bouchard There is a risk crisis affecting the insurance industry. Hurricanes Helene and Milton left a trail of tens of billions...
More SE States Pushing Funding, Discounts for Stronger Roofs as Storms Increase January 9, 2025 By William Rabb A residual property insurer and regulators in two Southeastern states are emphasizing roof integrity, more signs that mitigation and prevention...
Businesses Sue State Over New California Workplace Law January 9, 2025 California businesses are suing to halt a new state law that bars them from requiring employees to attend anti-union meetings...
DC Facing String of High-Stakes Security Events Capped by Trump Inauguration January 9, 2025 By Colleen Long The last time a president was inaugurated, there was a global pandemic and a violent siege at the very spot...
Hub Acquires Woods Insurance Services in New Mexico January 9, 2025 Hub International Ltd. has acquired the assets of Woods Insurance Services Inc. in Farmington, New Mexico. Lyle Love, owner and...