Method Insurance Services has launched a specialty workers’ compensation program with Service American Indemnity Co. that focuses on an under-served market segment for challenging, high-hazard risks. The program will entertain middle market accounts with manual premiums between $10,000 – $250,000 …
Environmental risks continue to dominate long-term concerns, a new report shows. World Economic Forum’s Global Risks Report 2019 released on Wednesday included as collaborators Marsh & McLennan Cos. and Zurich Insurance Group, as well as academic advisers at the Oxford …
Idling in a long highway line of slowed or stopped traffic on a busy highway can be more than an inconvenience for drivers and highway safety officers. It is one of the most vulnerable times for “secondary accidents,” which often …
MetLife has named Darla Finchum as head of the company’s U.S. property/casualty business, MetLife Auto & Home. Finchum has been serving in this role on an interim basis since August, 2018. She will be responsible for growth and management of …
Lloyd’s broker AFL Insurance Brokers Ltd’s independent USA managing general agent subsidiary Zodiac Insurance Services has launched directors and officers (D&O) capacity for the small global financial institutions (Small FI) market. Partnering with underwriters at Lloyd’s, Zodiac has created a …
U.S. President Donald Trump’s new pick to run the Environmental Protection Agency told lawmakers on Wednesday he does not believe climate change is a major crisis, and would continue to undo Obama-era emission limits if confirmed. Trump nominated EPA Acting …
As U.S. rates of marijuana use continue to rise, workers who use marijuana may be at higher risk of losing their jobs. Job loss may be an overlooked social cost of marijuana use, according to the new research by Cassandra …
Markel Corp. is facing is class action shareholder lawsuit over reserve statements by its investment management unit that are being investigated by U.S. and Bermuda authorities New York law firm Bragar Eagel & Squire said it filed the class action …
The board of directors of American International Group has elected Thomas Firouz Motamed, who retired as chairman and chief executive officer of CNA Financial Corp. in 2016, as a director. Motamed has also been appointed to the board’s Risk & …
Insured loss estimates from major natural catastrophes in 2018 totaled roughly $71.5 billion, the highest since 2011’s annual market losses of $120 billion, according to Willis Re. However, the insured losses in 2018 are slightly less than half of those …
