Allianz Global Corporate & Specialty has appointed Parag Bavishi as deputy regional head of the Americas with its Alternative Risk Transfer (ART) division. In this role, Bavishi will lead ART’s structured corporate and integrated business. As vice president of Underwriting …
The Centers for Disease Control and Prevention updated the number of confirmed and probable cases of lung disease associated with e-cigarette product use, or vaping, to 380. As of September 11, cases were reported by 36 states and the U.S. …
The commercial general liability line will be the next property/casualty line to harden, the chief executive of W.R. Berkley Corp. predicted at an industry conference. Speaking at the Keefe, Bruyette & Woods Insurance Conference last week, W. Robert Berkley Jr., …
The National Football League wants a better helmet, and for the first time, it’s willing to pay for it. The richest and most-watched U.S. sports league has created the NFL Helmet Challenge, a $3 million, 18-month contest to see who …
Employers and health plans fear they could be swamped financially by a coming wave of expensive new genetic therapies for rare diseases. Regulators have recently approved two treatments that sell at many multiples of the prices of routine treatments for …
Global temperature change, global trade collapse and cyber warfare are the top three “extreme risks” identified in a study from Willis Towers Watson. The new paper out this month is part of the firm’s extreme risk series of papers, which …
Next Insurance has begun formally marketing a portal designed to help independent agents quickly quote and sell its policies. Next said the system, dubbed “Next for Agents,” had been in beta testing since April 2019, though more than 3,000 agents …
Valerie Foster of Berkley Alliance Managers has been chosen as the executive chair by the Insurance Marketing & Communications Association (IMCA) for the 2019-2020 year. Foster is vice president, director of marketing for Berkley Alliance Managers. She has more 25 …
In yet another sign of a hardening market, U.S. commercial insurance prices grew at an accelerated rate compared to a year ago, according to Willis Towers Watson’s latest Commercial Lines Insurance Pricing Survey. Pricing jumped by nearly 4 percent in …
By the time Kelly Pfaff got home from driving her son to school that morning, it was too late. Her husband, John, was supposed to be taking their 4-year-old daughter to school. But the girl and the nanny were still …
