National News

Looking to 1918 Pandemic for Clues on Emerging From COVID-19

Karen Baldridge rolled up her sleeve to get her covid-19 booster vaccine. “I’m trying to baby myself and (am) doing everything that I can to keep healthy,” she said this past week while at Excela Square at Norwin. “I feel …

Southwest Air Pilots Seek to Block COVID-19 Vaccine Mandate

Southwest Airlines Co. pilots asked a court to temporarily block the company from carrying out federally mandated coronavirus vaccinations until an existing lawsuit over alleged U.S. labor law violations is resolved. The Southwest Airlines Pilots Association’s filing Friday also asked …

Private Equity Firm KKR Names Bae, Nuttall to Succeed Founders as Co-CEOs

KKR & Co Inc said on Monday it has elevated its co-presidents Scott Nuttall and Joseph Bae to co-chief executive officers, succeeding the storied private equity firm’s billionaire co-founders Henry Kravis and George Roberts. The transition has been in the …

People Moves: TigerRisk Names Harbor Hill Solutions’ Kilduff to Head MGA Business; AXA XL Insurance Promotes Gittler to Lead Cyber & Technology, Americas

TigerRisk Names Former Harbor Hill Solutions CEO Kilduff to Head MGA Unit TigerRisk Partners LLC, the Stamford, Conn.-based re/insurance broker, announced the appointment of Jim Kilduff to head up the company’s managing general agents (MGA) business. Kilduff has 17 years …

Tokio Marine Highland Offers Fine Art Insurance Through New Division Led by Fischer

Tokio Marine Highland, the Chicago-based property and casualty underwriting agency, announced it has launched fine art insurance for personal and commercial risks, which further enhances its suite of specialty risk management solutions. Christiane Fischer was appointed president of the Fine …

Chubb CEO Greenberg Says Some Insurtechs Are More About Hype Than Transformation

Many startups in the insurance world have long promised to transform every aspect of the industry they touch. Speaking recently before an audience of insurtech entrepreneurs, Chubb CEO Evan Greenberg was having none of that. “It’s just hype,” Greenberg said …

Allstate to Sell Northbrook Headquarters in Strong Endorsement of Hybrid Work

Allstate Corp. plans to sell its headquarters building, marking the U.S. finance industry’s firmest endorsement yet of the desire to offer hybrid work after the pandemic. With many employees choosing to work remotely, the insurance giant will sell its offices …

J.D. Power Agents’ Survey Reveals Top-Ranked P/C Carriers (Story in Charts)

Neglected no more. Independent agents are feeling the love from property/casualty insurance carriers—and the scores they are giving carriers are moving higher, J.D. Power reports. According to results of the J.D. Power 2021 U.S. Independent Agent Performance and Satisfaction Study, …

Riskonnect Acquires ESG Technology Firm ICIX

Integrated risk management software firm Riskonnect has acquired ICIX, a California-based value chain governance company that helps businesses manage their environmental, social and governance performance. The acquisition accelerates Riskonnect’s growth by expanding its integrated risk management product suite to better …

Verisk Using AI to Gain Underwriting Insights From Yelp Reviews of Small Businesses

Global data analytics provider Verisk is leveraging artificial intelligence and image analytics to generate underwriting insights for small business insurers from more than 200 million reviews on Yelp, the company announced this morning. Unstructured data and images from Yelp reviews …

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