Elon Musk generates a near-constant barrage of news headlines because of his tweets. It’s a lot to keep up with. Last week, he posted a Hitler meme, only to delete it hours later. On Wednesday, Musk claimed he’s been “building …
Beazley Hires Two for Cyber Services Insurer Beazley announced two senior leadership hires to its global Cyber Services team. Russ Cohen has been appointed head of U.S. Cyber Services, and Bala Larson has been promoted to head of Client Experience. …
Applied Underwriters said it will acquire Catlin Specialty Insurance Company from the AXA XL group of companies. Applied said it will consolidate Catlin into the North American Casualty group of companies in a move intended to bolster Applied’s operating capabilities …
Jaye Sanford, a 52-year-old mother of two, was driving home in suburban Atlanta on Nov. 21 when a man in a Dodge Challenger muscle car who was allegedly street racing crashed into her head-on, killing her. She is one of …
The insurance industry is ringing alarm bells about the cost of social inflation again, this time with the help of an actuarial analysis that concludes the phenomenon added more than $20 billion to the cost of commercial auto claims over …
The U.S. Supreme Court rejected an appeal by Energy Transfer LP’s Dakota Access Pipeline, letting stand a ruling that required a new federal environmental analysis and left the pipeline vulnerable to being shut down. Making no comment, the justices refused …
The U.S. Supreme Court on Tuesday took up a major new legal fight pitting religious beliefs against LGBT rights, agreeing to hear an evangelical Christian web designer’s free speech claim that she cannot be forced under a Colorado anti-discrimination law …
Trōv, an early insurtech that started life as a creator of micro-duration policies and evolved into an embedded insurance specialist, announced this morning that The Travelers Companies will acquire its technology assets. Trōv did not disclose financial terms of the …
Following a pause to stabilize the vessel, the cyber market is poised for a wave of growth that could make it larger than the property catastrophe market by 2040, said Gallagher Re. In fact, if the cyber market continues to …
The Hanover Insurance Group recently released its State of Specialty Insurance Report, which highlights the risks of fragmentation in the marketplace. The report spotlights the advantages agencies realize when they create strategic partnerships with select carriers that offer broad capabilities …
