Insurance Covered $90B of Natural Disaster Losses in 2018, Leaving 60% Protection Gap January 22, 2019 The economic costs of last year’s 394 natural catastrophe events came to US$225 billion with insurance covering US$90 billion of...
2 Markel CATCo Execs Leave After Reserves Inquiry Unveils ‘Personal Relationship’ January 22, 2019 By Andrew G. Simpson Markel Corp. has reported that Anthony Belisle, Markel CATCo chief executive officer, and Alissa Fredricks, Markel CATCo chief executive officer...
Corporate Culture, Cyber Risk Are Top of Mind for D&O Underwriters January 21, 2019 By Denise Johnson Transparency and culture awareness were the key takeaways from a panel discussion on top directors and officers’ claims trends that...
Insurance Agents Assured of Trump Pass-Through Tax Break Under Final Treasury Rule January 18, 2019 By Andrew G. Simpson The U.S. Treasury today issued final regulations and other guidance on a provision of the Tax Cuts and Jobs Act...
Former Farmers, AIG Direct, 21st Century Exec DeSantis Named President, CEO of The General January 18, 2019 Nashville-based auto insurer The General has appointed veteran insurance executive Tony DeSantis to the new position of president and chief...
NAIC Names 34 Insurance Consumer Representatives for 2019 January 18, 2019 The National Association of Insurance Commissioners (NAIC) recently named 34 consumer liaison representatives for 2019. Established in 1992, the Consumer...
Employers Reminded that Feb. 1 Is Injury Report Posting Deadline January 18, 2019 The Occupational Safety and Health Administration is reminding employers they face a Feb. 1 deadline. That is the deadline for...
P/C Insurers Pulled Off Underwriting Turnaround in First 9 Months January 18, 2019 Private U.S. property/casualty insurers reported a $4.7 billion net underwriting gain in nine-months 2018, a sharp turnaround from a $21.0...
The Bright Side in a Graying U.S. Workforce: Viewpoint January 18, 2019 By Mark Miller Economists call it the “old-age dependency ratio” – a rough measure of the balance between people who work and retirees....
Firms in Patent Feud Over U.S. Mandated Railroad Safety Technology January 18, 2019 By Christopher Yasiejko Two companies battling for a share of more than $14 billion in mandated safety upgrades on U.S. railroads are set...