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| Today's Headlines | October 26, 2021 |
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Defending lawsuits and managing trials is a major focus area and expense category for insurers—whether they are defending insureds against liability claims or defending themselves in coverage and bad-faith actions. There are many reasons why an involved party may file a lawsuit: impasse during negotiations, lawsuit at first notice of claim, inefficient claim handling, allegations... read more | | |
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W.R. Berkley Corp reported a nearly 24 percent increase in net premiums written during the 2021 third quarter. As well, average rate increases surpassed 10 percent for nearly every line except workers compensation. read more | | |
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Historically, the insurance industry has relied on imprecise risk assessments. But what if carriers could gather data to better understand their insurance risks? Or to prevent costly damage in the first place? Smart home and property technology can do just that. An IoT device is ... read more | | |
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The Hartford has chosen a former Allied World and Starr Companies executive to lead its Navigators wholesale specialty insurance business. read more | | |
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Exor, the holding company of Italy's Agnelli family, has restarted talks with French insurer Covea over a possible sale of reinsurer PrtnerRE, Il Sole 24 Ore reported on Saturday, after the deal was scrapped last year due to the pandemic. read more | | |
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The Russian-based agency behind last year's massive SolarWinds cyberattack has targeted hundreds more companies and organizations in its latest wave of attacks on U.S.-based computer systems, Microsoft said in a blog post. read more | | |
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Tesla Inc has submitted a partial response to the National Highway Traffic Safety Administration's (NHTSA) information request issued as part of the agency's formal safety probe into the automaker's Autopilot driver-assistance system. read more | | |
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The German government announced it will now be offering coverage for trade fair cancellations in a bid to restart the sector after COVID restrictions forced the meetings to go virtual. The new insurance program would allow trade fair organizers to apply for up to EUR 600 million in cover. The German government has also allocated... read more | | |
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Liberty Mutual brought on a former Chubb executive to run its Major Accounts, Casualty, Global Risk Solutions business. An ex-executive from The Hartford joined Zurich North America as the new Head of Life Sciences for its U.S. Middle Market business unit. Willis Towers Watson picked a new strategic adviser for its Climate Resilience Hub. read more | | |
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| | As large P&C carriers and brokers continue to grow through mergers and ... read more | |
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| | Business email compromise, or BEC – defined as a fraud tactic using email to ... read more | |
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| | Want to add a direct-to-consumer distribution channel to your sales line-up? ... read more | |
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| | Simplicity and efficiency for commercial auto. Two key business drivers for ... read more | |
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| | Accelerate competitiveness with a digital ecosystem. Revolutionize your ... read more | |
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