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| Today's Headlines | June 24, 2021 |
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As the pandemic begins to recede and businesses reopen, there's buzz in the insurance carrier world about a tidal wave of enrollments and policy changes that could be heading their way. Certain trends have already gained momentum and turned heads in the insurance industry. For starters, customers are wondering if they have the right liability... read more | | |
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Warren Buffett said he is stepping down as a trustee from the Bill and Melinda Gates Foundation, and that he has donated half his wealth since pledging 15 years ago to give away the fortune he built up running Berkshire Hathaway Inc. read more | | |
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Fast-moving markets demand agility from auto insurers seeking to compete and grow even through uncertainty. Three new Verisk resources can help commercial and personal auto insurance leaders understand the chemistry behind a sound strategic response to changing market imperatives. 1) A new Verisk Innovation Paper... read more | | |
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Longtime Nationwide Chief Financial Officer Mark Thresher plans to retire in September after 12 years in the role and 25 years with the insurer, the company announced. Plans call for Tim Frommeyer to succeed Thresher in the position. read more | | |
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Arch Reinsurance Ltd. plans to acquire longtime client Somerset Bridge Group Ltd. for an undisclosed price. read more | | |
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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 with the canal authority. read more | | |
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Corvus Insurance hired two new executives – one formerly with Zurich Insurance. Berkshire Hathaway Specialty Insurance established a dedicated London-based Energy & Technical Lines underwriting team to handle new product launches in the space in the U.K. read more | | |
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A recent study from The Hartford found that 70 percent of U.S. employers now recognize that employee mental health is a significant workplace issue, up from 59 percent in June 2020. In addition, 31 percent said the strain on employee mental health is having a severe or significant financial impact on their company—an 11-point increase... read more | | |
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Welcome to Carrier Management's 2021 Midyear Update—What's Next? The young woman on the cover of Carrier Management's summer digital magazine edition looks relaxed and eager to embrace the future. As insurance and reinsurance leaders take a deep breath and prepare for a mask-free future, they probably do so with a combination of excitement and trepidation.... read more | | |
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| | Managing agent and agency onboarding is a business critical function for ... read more | |
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| | Identity thieves are increasingly targeting non-financial accounts, including ... read more | |
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| | Against the backdrop of digital transformation and the pandemic, insurers can ... read more | |
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| | 83% of insurance CEOs say they are "concerned" about the speed of technological ... read more | |
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| | For customer-focused insurers looking to expand into new markets, the ability ... read more | |
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