Marsh McLennan Names Tomlinson CEO for U.S. and Canada February 1, 2023 Marsh McLennan said it has named Pat Tomlinson CEO of U.S. and Canada. He, along with Flavio Piccolomini, who was...
Chubb Q4 Net Income Down 39% February 1, 2023 Fourth quarter 2022 net income at Chubb Ltd. was about $1.3 billion, nearly 39% lower than the same period the...
Attacks on U.S. Power Grids Rose to All-Time High in 2022 February 1, 2023 By Naureen S. Malik Attacks on US power grids rose to an all-time high last year, further straining the sprawling and aging network. The...
MPL Insurers Curi and Constellation Agree to Merge February 1, 2023 Curi Holdings, Inc. and Constellation, Inc., two of the nation’s leading providers of medical professional liability (MPL) insurance, have signed...
Insurers Leery of Hyundais and Kias Famous on Social Media for Being Easy to Steal February 1, 2023 By Jim Sams Social media influencers and an insurance industry think tank are giving Hyundai and Kia vehicles the worst kind of publicity:...
Ex-Allianz Fund Manager Seeks Dismissal of Fraud Charges February 1, 2023 By Bob Van Voris The former Allianz SE hedge fund manager charged with fraud over billions of dollars in investor losses asked a judge...
Denial-of-Service Attacks Rise, Raising Concerns for Banks February 1, 2023 By Andrew Martin Long considered a nuisance, distributed-denial-of-service attacks, or DDoS, are a growing problem for banks and other financial businesses, according to...
People Moves: Batt Is Trium Cyber Head of Product; Tyng New Lead of HDI U.S. Captive Solutions; SiriusPoint Names Sigle Head of Claims; HUB Hires Chief HRO February 1, 2023 Lloyd’s Trium Cyber Appoints Batt as Head of Product Trium Cyber, the first entity approved by Lloyd’s to launch a...
U.S. Court Rejects J&J Bankruptcy Strategy for Thousands of Talc Lawsuits January 31, 2023 By Tom Hals, Mike Spector and Dan Levine A U.S. appeals court on Monday shot down Johnson & Johnson’s attempt to offload tens of thousands of lawsuits over...
Markets/Coverages: Combo W&H and EPL Policy From ExecutivePerils; Coalition Adds Crime and Fiduciary Coverage January 31, 2023 Independent wholesaler ExecutivePerils announced the launch of a new insurance policy, EPL+WHIP – a product that combines wage & hour...