Industry News

Insurance Journal

People Moves: Zurich NA Names Higginbotham Head of Pro Liability & Cyber; FM Global CEO Appointed Board Chair; WTW Names Lombardo Named Chair of REHL Division

Apr 25, 2024 Zurich NA Names Higginbotham Head of Professional Liability...

Global Insurers’ Climate Alliance Relaunches After Member Exodus

Apr 25, 2024 A global insurance coalition intended to help curb the sector’s greenhouse gas emissions has relaunched with a new name and weaker membership...

People Moves: Lockton Promotes 2 in Crisis Management Team, Announces Changes in Norway Leadership

Apr 25, 2024 Lockton, the independent insurance broker, announced two key senior promotions within its Crisis Management team in London...

Markets/Coverages: Ariel Re and Hiscox Re & ILS Launch Cyber Catastrophe Consortium

Apr 25, 2024 Re/insurer Ariel Re and Hiscox Re & ILS, the reinsurance and insurance linked securities arm of insurer Hiscox, announced the...

Claims Journal

Survey: Most Small Businesses Provide Regular Safety Training to Employees

Apr 25, 2024 A new report on small business owners’ workers’ compensation insurance-buying habits and risk exposures found that 95% offer regular safety...

Farm Bureau Must Defend Insured in Deadly Legionnaires’ Disease Outbreak in Carolina

Apr 25, 2024 What started out as festive time at the North Carolina Mountain State Fair in 2019 ended with 96 people hospitalized with Legionnaires’...

Report: National Security Risks Grow with Demand for Nuclear Energy

Apr 25, 2024 Risks associated with nuclear energy such as the proliferation of nuclear weapons, nuclear terrorism, sabotage, coercion and military operations can all be...

Jury Rules BNSF Contributed to 2 Deaths in Montana Town Where Asbestos Sickened Thousands

Apr 25, 2024 A federal jury said BNSF Railway contributed to the deaths of two people who were exposed to asbestos decades ago when tainted mining...

Best's Reviews

NY Governor Moves to Ban Insurers From Denying Landlords Coverage Due to Low-Income Tenants

Apr 24, 2024 New York Gov. Kathy Hochul enacted a $237 billion state budget that includes language prohibiting insurers from denying...

Former AIG Exec Appointed BMS Re US Chief Operating Officer

Apr 24, 2024 BMS Re appointed former American International Group Global Chief Operating Officer of Reinsurance John Canavan as its U.S. COO. He will direct digital...

California Hospital Association Sues Anthem Blue Cross for Violating State's Patient Protection Laws

Apr 24, 2024 The California Hospital Association filed a lawsuit against Anthem Blue Cross, claiming it consistently...

Ping An Posts Lower First-Quarter Profit on Guarantee Insurance, Weather Effects

Apr 24, 2024 Ping An (Group) Co. of China Ltd. posted lower first-quarter profit as the property/casualty combined ratio was hit by the effects of...