Department Store Blames Insurers As It Files Bankruptcy and Shuts Down September 10, 2020 By Jeremy Hill Century 21 Stores, an iconic New York off-price department store chain, filed for bankruptcy with plans to shut down, becoming...
Marsh’s Klisura Is Moving to Guy Carpenter to Be President September 10, 2020 Brokers Guy Carpenter and Marsh, two business units of Marsh & McLennan, announced the appointment of Dean Klisura as president...
ACORD’s Innovation Tools Experiencing Soaring Reinsurance Demand September 10, 2020 By Mark Hollmer ACORD, the standard setting body for the global insurance industry, is experiencing a massive jump in global reinsurance and other...
Greenlight Re ‘Refreshes’ Executive Team, with New Chief Underwriting Officer and CFO September 10, 2020 Greenlight Capital Re, the Cayman Islands-based specialist property and casualty reinsurance company, has appointed Greenlight Re’s chief executive officer, Simon...
Lloyd’s Reports First Half Loss of $520M on COVID-19 Insurance Claims September 10, 2020 Lloyd’s of London recorded a pretax loss of 400 million pounds ($520.08 million) in the first half, battered by the...
Liberty Company in California Names Tryon Vice President of Marketing September 10, 2020 The Liberty Company Insurance Brokers has named Kip Tryon vice president of marketing and branding. Tryon has been involved with...
China Counters U.S. ‘Clean Network’ With Own Global Data Security Initiative September 10, 2020 By Zen Soo China has launched an initiative to address global data security issues, a countermove to the U.S. “clean network” program that...
ESG Industry Booms but Investors Worry Risks Are Piling Up September 10, 2020 By Simon Jessop, Sujata Rao and Tommy Wilkes LONDON— If fund managers are serious about clean investments, they need to get their hands dirty. That’s the view of...
COVID-19 Takes Toll on Canada’s Auto, Life Insurers September 10, 2020 Canada’s property/casualty insurance industry thus far has fared better than its life counterpart amid the economic and market dynamics created...
Schools Find Lessons About Insurance Liability and COVID-19 Are Complicated September 10, 2020 School officials and insurers across the country are facing questions about COVID-19-related insurance liability as they begin classes, but answers...