Global specialty insurer Hiscox has appointed Doug Karpp as head of Executive Risks and Cyber in the U.S, which includes Crime and Fidelity, Financial Services and Management Liability insurance products. Karpp, who previously served as senior vice president and the …
Some insurers may be facing sizable risks stemming from the latest round of California wildfires now raging, but Chubb Chairman and CEO Evan Greenberg insists his company isn’t one of them. “We do have a quota share [reinsurance] agreement we …
Southern Insurance Underwriters (SIU) has added Patti Stuczynski to its Workers’ Compensation underwriting team. Stuczynksi will be responsible for underwriting new and renewal business while being a vital part of the program’s development. She will be based in Alpharetta, Ga. …
Truckloads of rocks are being transported to the Georgia coast to stabilize an overturned cargo ship until it can be removed in pieces. The joint response team overseeing salvage of the Golden Ray said in a news release that 6,000 …
Vista Equity Partners and Bain Capital are in the early stages of weighing a sale of insurance software maker Vertafore Inc., according to people familiar with the matter. The Denver-based company could be worth up to $5 billion in a …
While the number of burned acres in 2019 is still well below the number reported last year through October, experts predict the greatest fire potential will occur from now through December as the Santa Ana winds pick up, A.M. Best …
Selling insurance to cannabis dispensaries may the business in which to be in the very near future. A new report claims that cannabis retailing could become one of the “most profitable specialty store categories ever.” The report, From Dispensaries to …
A health insurance provider says it’s laying off more than 800 people. The Louisville, Kentucky-based Humana announced Monday it’d be cutting 2% of its workforce by the end of the year, with some employees being let go as early as …
On a Friday night in August, Diane and Ted Simpson got home from work to find a certified letter from the Harris County Flood Control District notifying them that a portion of their backyard was in a public right of …
Nearly 500 new volunteer firefighters have joined Oklahoma rural fire departments in the four years after legislation passed that eliminated the age limit for new volunteers. Oklahoma House Majority Leader Mike Sanders (R-Kingfisher), who sponsored the legislation, has announced that …
