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People Moves: Everest Promotes Beggs as EVP and Reinsurance CEO; Allianz Commercial Appoints Key Global and Regional Leaders, Creating New Nordics Region
Jul 24 2025 // This edition of International People Moves details appointments at Everest Group and Allianz Commercial. A summary of these new hire follows here. Everest Promotes Beggs as EVP and CEO of Reinsurance Everest Group Ltd.,...
Global Commercial Insurance Rates Drop 4% but Casualty Rates Are Rising: Marsh
Jul 24 2025 // Global commercial insurance rates fell 4%, on average, in the second quarter of 2025 following a 3% decline in Q1 2025, according to the latest Global Insurance Market Index released by Marsh, the insurance brokerage...
Labor Department Proposes Over 60 Rule Changes in Push to Deregulate Workplaces
Jul 24 2025 // The U.S. Department of Labor is aiming to rewrite or repeal more than 60 “obsolete” workplace regulations, ranging from minimum wage requirements for home health care workers and people with disabilities to...
Workplace Injuries Costs Near $60B Per Year; Overexertion, Falls Top Causes
Jul 22 2025 // Liberty Mutual’s latest Workplace Safety Index has found that workplace accidents cost U.S. employers about $58.8 billion annually. The top 10 causes of injuries account for 86% of those costs, or $50.87 billion. The...
Renewal Rates in Q2 Tell of ‘Slowly Softening’ Commercial Lines Market, Says Ivans
Jul 21 2025 // Premium renewal rates increased year-over-year for all major commercial lines, except workers’ compensation, according to second quarter 2025 results of the Ivans Index. The Chicago-based technology provider for...
People Moves: Triple-I’s Porfilio New Head of Personal, Commercial Development at WTW’s ICT; Aspen Names Welch as Group CUO
Jul 21 2025 // WTW appointed Dale Porfilio as senior director and head of personal and commercial lines business development in its insurance consulting & technology (ICT) business. Based in Chicago, Porfilio will be responsible for...
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