How Firms Rate on Cyber Readiness and Why Some Don’t Buy Cyber Insurance: Hiscox Report February 7, 2017 A study of 3,000 companies in the UK, U.S. and Germany, reveals that more than half (53 percent) of businesses...
U.S. Risk Underwriters Names Berkley Program’s Carter as President February 7, 2017 U.S. Risk, a global property/casualty wholesaler and managing general agency based in Dallas,, has named Wayne H. Carter, III as...
Ups Beat Downs in P/C Insurer Credit Ratings in 2016: A.M. Best February 7, 2017 Credit rating activity in 2016 turned positive as upgrades outpaced downgrades for the U.S. property/casualty industry, despite insurers having to...
OnDeck’s Hobson Named CEO of Online Small Business Insurance Platform Attune February 7, 2017 Attune, the data-enabled small business platform established by American International Group, Hamilton Insurance Group and affiliates of Two Sigma Investments...
Government Sued Over ‘Certified’ Used Cars Involved in Recalls February 7, 2017 The Center for Auto Safety and five other groups filed a lawsuit against the Federal Trade Commission (FTC) on Monday...
Assurant to Offer Liability Coverage for Vacation Rental Owners February 6, 2017 Assurant has partnered with Vacasa, a U.S. vacation rental management company, to provide liability coverage and property insurance for Vacasa’s...
Amica Mutual Downgraded by A.M. Best Citing Increasing Catastrophe Losses, Auto Claims February 6, 2017 By Mark Hollmer Amica Mutual Insurance Co. no longer has a perfect financial strength rating from A.M. Best. More catastrophe losses and worsening...
CNA CEO Robusto ‘Back in the Game,’ Sees Room for Improvement in 2017 February 6, 2017 By Andrew G. Simpson CNA reported fourth quarter and full year 2016 results, with its new CEO indicating that while there is a strong...
Philadelphia Insurance Promotes Decker to SVP of Underwriting February 6, 2017 Philadelphia Insurance Companies has promoted James Decker from vice president to senior vice president of Underwriting. Decker will continue to...
Commercial Health Plans’ Spending on Drugs Slowed in 2016: Express Scripts February 6, 2017 Express Scripts Holding Co., the largest pharmacy benefit manager in the United States, said prescription drug spending for its members...