Momentum for Rate Hikes Dissipates During June/July Renewals: Willis Re Report July 2, 2018 Momentum for rate increases on loss-free reinsurance accounts dissipated during the June/July property catastrophe renewals, and in some cases, pricing...
AXA Art Names Buchmann as President, CEO of Americas July 2, 2018 AXA Art has appointed industry veteran, Irina Buchmann as president and chief executive officer of its Americas operation. The Americas...
Navigators Promotes Savarese, Vaughan in Specialty Primary Casualty Unit July 2, 2018 Navigators Insurance Co. has promoted Joe Savarese to president, U.S. Specialty Primary Casualty. He will be responsible for driving the...
Fireworks Facts: 8 Deaths, 12,900 Injuries in 2017; $900M Sales Expected as States Ease Curbs July 2, 2018 By Andrew G. Simpson At least eight people lost their lives in fireworks mishaps in 2017 while another 12,900 ended up in hospital emergency...
Supreme Court to Review Merck Drug Warning Liability Case July 2, 2018 By Andrew Chung The U.S. Supreme Court on Thursday agreed to hear Merck & Co.’s appeal of a lower court’s ruling that revived...
Coal Industry Needs ‘Fundamental Shift’ to Address Black Lung Disease: Report July 2, 2018 By Valerie Volcovici Coal companies need to make a “fundamental shift” in how they control exposure to coal dust in underground mines to...
Beware ‘Tsunami’ Effect of Artificial Intelligence, Warns Allstate CEO Wilson June 29, 2018 By William Mathis Artificial intelligence is coming for the service economy, according to Allstate Corp. Chief Executive Officer Tom Wilson. “It’s going to...
XL Catlin’s Eells Joins Validus Specialty as Chief Operating Officer June 29, 2018 Validus Specialty Underwriting Services announced the appointment of Bob Eells as senior vice president and chief operating officer of Validus...
Senate Passes Farm, Crop Insurance Bill with Flood Insurance Extension June 29, 2018 By Andrew G. Simpson The U.S. Senate passed (86-11) a Farm Bill that continues subsidies for farmers along with the federal crop insurance and...
Erie’s Banocy Joins Great American Insurance as Innovation Strategy VP June 29, 2018 Great American Insurance Group has hired Christopher M. Banocy as divisional vice president for Innovation Strategy within its Property &...