Underwriting
Allstate, CNA, Nationwide Vets Join Kin Insurance in Key Leadership Roles
Kin Insurance, a catastrophe-risk specialist home insurance startup, has turned to veterans of Allstate, CNA, Nationwide and elsewhere to fill key leadership slots as it expands. Kin recently raised ...
Japan Insurers Struggle to Produce Reliable Climate Change Cost Estimates
As the world tries to price the cost of climate change, Japan's second largest non-life insurer MS&AD foresees the potential rise in claim payments in 2050 to be anywhere between 5% to 50% from ...
U.S. Personal Lines Insurance Shopping Rebounds Strongly: TransUnion Report
U.S. shopping for personal lines insurance is showing signs of returning to pre-pandemic levels, according to a new TransUnion report. Auto insurance remains a big exception, however. The consulting ...
See You in Person: Global Insurance Symposium Readies Post-COVID Gathering, With Online Component
After more than a year of quarantines, masks and other COVID-19 precautions, an insurance industry group is about to hold an in-person meeting again. The Global Insurance Symposium is meeting in Des ...
Exxon Fails in Bid to Dismiss Massachusetts Lawsuit Alleging Climate Change Deception
A Massachusetts state judge has rejected Exxon Mobil Corp's bid to dismiss a lawsuit by state Attorney General Maura Healey accusing the oil company of misleading consumers and investors about its ...
Executives On The Move at Corvus Insurance and BHSI
Corvus Insurance hired two new executives – one formerly with Zurich Insurance. Berkshire Hathaway Specialty Insurance established a dedicated London-based Energy & Technical Lines underwriting ...
Tentative Compensation Agreement Reached Over Suez Canal Ship Blockage
A representative for the owners and insurers of a giant cargo ship that blocked the Suez Canal in March on Wednesday said that an agreement in principle had been reached in a compensation dispute ...
Arch Reinsurance to Acquire Somerset Bridge Group
Arch Reinsurance Ltd. plans to acquire longtime client Somerset Bridge Group Ltd. for an undisclosed price. The acquisition covers Somerset, Southern Rock Holdings Ltd. and all Somerset affiliates, ...