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Aspen Specialty Settles With Condo in $11M Nashville Bombing Coverage Dispute
Apr 30 2025 // Aspen Specialty Insurance Co. has reached a settlement with the owners of a Nashville condominium building that was badly damaged in the Christmas Day bombing in 2020. The terms of the settlement were not disclosed. Both...
AIG: Turning One Human Underwriter Into Five, ‘Turbocharging’ E&S
Apr 30 2025 // Some property/casualty insurers talk about experimenting with artificial intelligence to automate call center responses and back-office operations. But that’s not the road to turbocharging growth that AIG CEO Peter...
Increased Writings in Homeowners Adds to US Surplus Lines Growth
Apr 29 2025 // Increasing movement of homeowners insurance risk to the U.S. surplus lines market has continued to contribute to growth for nonadmitted insurers. According to a report from AM Best, surplus homeowners direct premiums...
Navigating Change in the Excess & Surplus Contract Binding Market
Apr 28 2025 // This post is part of a series sponsored by IAT Insurance Group. In the latest episode of What’s Brewing, Ben McDonald, Vice President of Underwriting for IAT’s Excess & Surplus Contract Binding Division,...
People Moves: Ryan Specialty Appoints Kelleher President of SUITELIFE Underwriting Managers
Apr 24 2025 // Chris Kelleher Ryan Specialty, headquartered in Chicago, Illinois, appointed Chris Kelleher president of SUITELIFE Underwriting Managers effective June 30. The hotel and resort industry-focused managing general underwriter...
Tech Update: Lloyd’s Backs BreachBits; ZoJacks Prevents Water Claims; Eagleview Expands Drone Options
Apr 24 2025 // Washington, D.C.-based BreachBits has received an investment of an undisclosed amount from Lloyd’s in what is the London-based global insurance marketplace’s third strategic innovation investment from among...
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