RSG Underwriting Managers is merging two of its managing general underwriter teams, EmergIn Risk and ThinkRisk. The teams will operate under the EmergIn Risk brand going forward. Reza Khan, based in New York, will lead the media liability and specialty …
Allstate Corp., the automobile and home-insurance giant, is exploring a sale of its fixed-annuities business, which stopped selling new policies about five years ago, people familiar with the matter said. The insurer is working with financial advisers to seek buyers …
Alphabet Inc.’s Google said on Thursday it would change the way it handles sexual harassment claims, a week after 20,000 of its workers around the world walked off their jobs to protest its response to such issues. Arbitration will become …
Commercial auto insurance hasn’t produced an industrywide combined ratio below 105 in the United States since 2010, according to a Guy Carpenter analysis, which says the line’s poor performance is a key factor in overall property/casualty underwriting results. “It is …
Business is going strong, but fewer U.S. companies are celebrating with holiday parties this year. This may be the result of the #MeToo movement, which has highlighted sexual harassment and assault in the workplace, according to a survey released this …
Jeff Norton has been appointed to the role of senior vice president, Cyber & Technology, for Brit Global Specialty USA. He will be responsible for leading and growing BGSU’s cyber and technology team. Norton brings a range of underwriting experience …
October was a deadly and costly month due to natural catastrophes, with the the U.S. and Europe being hit particularly hard, according to Aon’s Impact Forecasting. Total U.S. economic losses from October’s Hurricane Michael – including physical damage and net …
Insurance industry trailblazer Patrick Ryan thinks the insurance program business could be headed for interesting times given recent consolidation in the retail insurance agency sector, an influx of capital and the recent purchase of a large program manager by American …
Many insurtechs find one problem and try to solve it. Broker Buddha is among them. This platform takes static PDF insurance carrier applications and converts them into interactive online smart forms that agents and their clients can both access for …
Halting the rise of deadly drug-resistant “superbug” infections that kill millions around the world could cost just $2 per person a year, the Organisation for Economic Cooperation and Development (OECD) said on Wednesday. Describing drug resistance as “one of the …
