UK Insurers Pull Back From Offering Cover as Flood Threats Rise August 8, 2024 By Carolyn Cohn Increased flooding in Britain from overflowing rivers and blocked drains is leading insurers to pull back from offering cover, particularly...
FM Global Rebrands As FM July 18, 2024 FM Global said it will now be known simply as FM. The commercial property insurer on July 17 unveiled its...
People Moves: Zurich NA Names Higginbotham Head of Pro Liability & Cyber; FM Global CEO Appointed Board Chair; WTW Names Lombardo Named Chair of REHL Division April 25, 2024 Zurich NA Names Higginbotham Head of Professional Liability & Cyber Zurich North America, headquartered in Schaumburg, Illinois, has named Kara...
People Moves: FM Global Names Tadmoury to Lead EMEA, APAC, Canada Operations; Rosa Promoted to CEO of MAPFRE RE, Pérez de Lema Named CEO of New Insurance Unit November 2, 2023 This edition of International People Moves details appointments at FM Global and MAPFRE and MAPFRE RE. A summary of these...
FM Global Clients to Get Share of $350M ‘Resilience Credit’ September 12, 2023 Eligible commercial property insurance clients of FM Global will receive a share of what the insurer calls a “resilience credit”...
Samsung Chip Plant Sues Insurer Over $400 Million in Storm Damage Claims February 8, 2023 By Madlin Mekelburg A Samsung Electronics Co. semiconductor plant in Texas sued its insurer over $400 million in damage claims tied to a...
Taming Global Supply Chain Risks, Holistically September 29, 2022 By L.S. Howard While supply chain risks are insurable, many products do not cover non-damage business interruption, and companies could find they aren’t...
People Moves: 2 Middle Market Industry Leaders at Zurich; Tadmoury Head of Global Middle Market at AFM; New EVP, Cyber Team Expands at Gallagher Re September 8, 2022 Zurich North America names new U.S. Middle Market industry practice leaders Zurich North America has named two new industry practice...
FM Global Puts Aside $300 Million for Policyholders’ ‘Resilience Credit’ August 8, 2022 Policyholders of FM Global, which include one of every three Fortune 500 companies and similar size organizations worldwide, will collectively...
How Climate Change Is Fueling More Intense Global Wildfires May 16, 2022 By Brian K. Sullivan Already, 2022 is taking its place in a pantheon of years that have seen the nature of fire change —...