Risk Strategies, a national speciality insurance brokerage, has named Paul Evans as an executive vice president in its national entertainment practise. Evans has more than 30 years of expertise in the field. He comes to Risk Strategies after working at…
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Triple-I Issues Warning Over Upcoming Hurricane Season
The Insurance Information Institute (Triple-I) has issued a warning that tropical cyclone activity in the forthcoming 2022 Atlantic hurricane season may be “far above average.” Triple-I cited Colorado State University’s (CSU) most recent updated forecast, which predicts around 20 named…
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AXIS Capital Exits Business, Rejiggs Specialty Team
AXIS Capital Holdings Limited has made a number of critical steps to strengthen its leadership and refocus on its speciality underwriting business, including exiting a key business line. Vince Tizzio has been named CEO of the company’s specialty insurance and…
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Chubb Selects New Specialty Officer For NA Middle Market
Leigh Anne Sherman (pictured) has been named specialised officer for the North American middle market by Chubb, the world’s largest publicly traded property and casualty insurer. Sherman joins Chubb after a 25-year career with the company, most recently as division…
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US Commercial Insurance Prices – What’s Happening?
The results of WTW’s current Commercial Insurance Pricing Survey (CLIPS) have been released, suggesting that rates in the United States increased again in the first quarter of 2022. The poll compared the prices of policies issued in the first quarter…
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Great American Names New Specialty P&C Leaders
In anticipation of expected retirements, Great American Insurance Group has made changes to its speciality property and casualty group, promoting two divisional presidents. Within the fidelity/crime division, Stephanie M. Hoboth was elevated to divisional president. She will succeed Frank Scheckton,…
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AXA Declares Plan For New Digital Platform
In line with its Driving Progress 2023 strategy plan, AXA has initiated a strategic programme to develop a digital commercial platform that will transform the insurer’s offering to commercial customers. By combining real-time data and analytics collected through satellites, drones,…
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Beazley launches D&O Product For Crypto Space
Beazley, a specialist insurer, has launched CryptoGuard, a new directors and officers liability coverage tailored to the crypto markets. According to Beazley, the device is the first of its sort in the London and US markets. CryptoGuard is designed to…
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Tesla’s Elon Musk Slams “Crazy” GEICO STD Claims
The world’s wealthiest guy Elon Musk, Tesla’s CEO, called a recent insurance claim by a Missiouri women who was caught a sexually transmitted disease in a car against GEICO “crazy” and threatened legal action against law firms who pursue “mad…
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Zurich North American Names New Midwest Head
Gerald Chiddick has been named regional CEO for Zurich North America’s Midwest Region, with effect from Thursday . Carl Sutter, head of distribution and regional management at Zurich North America, will be Chiddick’s boss Chiddick’s new job will entail carrying…
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