Travelers CEO Schnitzer: Loss Costs ‘Challenging as Ever to Predict’ April 20, 2022 By Chad Hemenway In the words of its CEO, there’s a “fair amount to pay attention to” from the first-quarter earnings call of...
LaBranche to Succeed Roth as RIMS CEO April 19, 2022 RIMS announced Gary LaBranche will take over as the society’s new CEO on June 1 following the retirement of Mary...
SEC Chief Expects ‘Fair Number’ of Large Companies to Disclose Scope 3 Data in Climate Rule April 19, 2022 By Katanga Johnson A “fair number” of the largest U.S-listed companies should be caught by a proposed requirement to disclose third-parties’ greenhouse gas...
Berkshire’s Bid For Alleghany Moves Forward After ‘Go-Shop’ Period Comes Up Empty April 19, 2022 Berkshire Hathaway’s $11.6 billion acquisition agreement with Alleghany Corp. is clear to move ahead following the end of the “go-shop”...
Insurance Journal Announces New Online Charity Portal April 19, 2022 Today Insurance Journal has announced the launch of a new portal highlighting charitable stories in the insurance industry. What was...
Insurer Travelers’ Profit Beats on Lower Catastrophe Losses April 19, 2022 By Noor Zainab Hussain Property and casualty insurer Travelers Companies Inc. reported a 48% jump in quarterly profit that beat analysts’ estimates on Tuesday,...
U.S. Ties North Korean Hacker Group Lazarus to Huge Cryptocurrency Theft April 19, 2022 By Raphael Satter and Daphne Psaledakis The United States has linked North Korean hackers to the theft of hundreds of millions of dollars’ worth of cryptocurrency...
U.S. Will No Longer Enforce Mask Mandate on Airplanes, Trains After Court Ruling April 19, 2022 By David Shepardson, Mike Stone and Rajesh Kumar Singh The Biden administration will no longer enforce a U.S. mask mandate on public transportation, after a federal judge in Florida...
Natural Disasters Cost Global Economy $32B in Q1, With Only $14B Insured: Aon April 18, 2022 By L.S. Howard Preliminary economic losses from natural hazards billion during the first quarter of 2022 totaled $32, of which less than 50%...
Markets/Coverages: Brownyard’s Library Program; Core Specialty’s Equine Unit; Skyward’s Cannabis Bonds; Roamly’s Travel April 18, 2022 Brownyard’s ‘By The Cover’ Now 15 Additional States New York-based program administrator Brownyard Group announced that its By The Cover,...