Latest Industry Headlines
The following news stories feature information regarding the Property/Casualty insurance market.
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Munich Re Specialty Insurance Names Head of Property for Excess and Surplus: Munich Re Specialty Insurance has named Jim Wallace as head of property, excess and surplus lines.
Wallace has more than 30 years of experience and most ... Date: December 4, 2019 |
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Hiscox, Brit Lead New Lloyd’s Space Consortium: Lloyd’s said it launched a space insurance policy for the emerging private spaceflight industry, backed by a consortium of Lloyd’s syndicates led by Hiscox and ... Date: December 4, 2019 |
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Randall & Quilter Director to Step Down: Randall & Quilter Investment Holdings Ltd. said Mark Langridge will be stepping down as director of the company effective Dec. 13.
Langridge will continue in ... Date: December 4, 2019 |
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Aspen Head of US Crisis Management: Recall Risks Extend Beyond the Product: Nicky Alexandru, head of U.S. crisis management, Aspen Insurance, said companies involved in product recalls also have risks tied to their supply chains, ... Date: December 3, 2019 |
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Medical Professional Liability Writer ISMIE Merges With Michigan Captive: ISMIE Mutual Insurance Co. said it has completed its merger with captive Southeast Michigan Physicians’ Insurance Co. after receiving regulatory approvals. ... Date: December 3, 2019 |
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Liberty Mutual Surety Names Head of Surety, France: Liberty Mutual Surety has named Stéphane Lizeray as head of the surety department, France.
Lizeray will transition into his new role immediately. Before ... Date: December 3, 2019 |
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Philadelphia Insurance Names Surety Leader: Philadelphia Insurance Cos. has named Michael Cundiff to succeed Ed Titus as senior vice president of surety.
Cundiff, currently vice president of surety, ... Date: December 3, 2019 |
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Lincoln Financial Group Names Interim President: Lincoln Financial Group has named Eric Reisenwitz as interim president, group protection, to succeed Dick Mucci.
Reisenwitz will transition into his new role ... Date: December 3, 2019 |
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Munich Re Specialty CEO: Automation, AI Giving Underwriters Broader View: Michael Kerner, chief executive officer, Munich Re Specialty Insurance, said advancing tools will allow underwriters to take a portfolio view of risk, rather ... Date: December 3, 2019 |
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Argo Urges Shareholders to Reject Voce Capital’s Call for Special Meeting: Argo Group International Holdings Ltd. said its board of directors is recommending Argo shareholders reject an effort by an institutional shareholder of the ... Date: December 3, 2019 |
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Qlaims CEO: New MGA Hopes to Disrupt the UK Industry With Claims Technology: New managing general agent Qlaims Insurance, which offers loss-recovery insurance for commercial products in the United Kingdom, hopes to disrupt the U.K. ... Date: December 3, 2019 |
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Uniform Fiduciary Conduct Standard Proposed in Massachusetts: The Massachusetts secretary of state has signed off on new regulations imposing a uniform fiduciary conduct standard on broker-dealers, agents, investment ... Date: December 2, 2019 |
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AM Best Upgrades Credit Ratings of Petroleum Marketers Management Insurance Company: AM Best has upgraded the Financial Strength Rating to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Rating to “a” from “a-” of Petroleum ... Date: December 2, 2019 |
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Guy Carpenter Head of Global Property: Insurers Must Mitigate Risks, Not Just Raise Prices: Lara Mowery, head of global property, specialty at Guy Carpenter, said every dollar spent on wildfire mitigation in high-risk areas can result in $3 of savings ... Date: December 2, 2019 |
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Berkshire Hathaway Specialty Launches Commercial Crime Coverage in Asia: Berkshire Hathaway Specialty Insurance is launching commercial crime offerings in Asia to cover employee and external crimes.
Corporate fraud is increasingly ... Date: December 2, 2019 |
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Regulators: More Than 300 Claims Remain Open From 2016 Canada Wildfire: Nearly 330 claims remain open of more than 44,000 claims resulting from the 2016 Fort McMurray fire in Canada, according to a spokeswoman for Alberta’s ... Date: December 2, 2019 |
Shift the Narrative: 
Date: December 1, 2019 |
Accelerated Change: 
Date: December 1, 2019 |
Strategic Planning: 
Date: December 1, 2019 |
A New Game: 
Date: December 1, 2019 |
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