Valuations in the brokerage mergers and acquisitions market continued to rise in 2023 even amid macroecon...
Liberty Mutual reports $1.5 billion Q1 profit
Liberty Mutual Holding Co. Inc. Thursday reported first-quarter net income of $1.54 billion, compared with a $74 million net loss for the same period last year....
Liberty Mutual Holding Co. Inc. Thursday reported first-quarter net income of $1.54 billion, compared with a $74 million net loss for the same period last year....
Article / 11 hours ago
AI risks measurable, often insurable: Experts
Emerging risks associated with corporate use of artificial intelligence can be quantified and transferred to insurers via existing policies, new AI policies and captives, a panel...
Emerging risks associated with corporate use of artificial intelligence can be quantified and transferred to insurers via existing policies, new AI policies and captives, a panel...
Article / 20 hours ago
IMA hires former McGriff energy and marine leader
IMA Financial Group Inc. Wednesday said former McGriff Insurance Services Inc. executive John Mizell has joined the broker in the newly created position of...
IMA Financial Group Inc. Wednesday said former McGriff Insurance Services Inc. executive John Mizell has joined the broker in the newly created position of...
Article / 20 hours ago
Insurance should be integrated into cyber response plans: Experts
Risk management concerns should be part of cyber incident response plans to ensure companies make the best use of their insurance coverage and...
Risk management concerns should be part of cyber incident response plans to ensure companies make the best use of their insurance coverage and...
Article / 20 hours ago
N.J. contractors, DOL settle over ‘willful' fall hazards
The U.S. Department of Labor on Tuesday announced a settlement with two New Jersey contractors that resolves a citation by the Occupational Safety and Health Administration over fall hazards....
The U.S. Department of Labor on Tuesday announced a settlement with two New Jersey contractors that resolves a citation by the Occupational Safety and Health Administration over fall hazards....
Article / 1 day ago
Chubb's Greenberg calls for prolonged tort reform campaign
Insurers and policyholders must adapt to sustained higher levels of economic inflation and “social inflation,” Evan Greenberg, chairman and CEO of Chubb Ltd....
Insurers and policyholders must adapt to sustained higher levels of economic inflation and “social inflation,” Evan Greenberg, chairman and CEO of Chubb Ltd....
Article / 2 days ago
Federal judge rules in broker poaching suit jurisdiction fight
A federal judge in Missouri ruled Monday that a former San Diego-based broker for Lockton Cos. LLC who joined rival Alliant Insurance Services Inc. breached the terms of her contract that required...
A federal judge in Missouri ruled Monday that a former San Diego-based broker for Lockton Cos. LLC who joined rival Alliant Insurance Services Inc. breached the terms of her contract that required...
Article / 2 days ago
Property fast-growing coverage line: Marsh captives
Captive use continues to grow as climate change exacerbates extreme weather events driving property premium increases, Marsh LLC executives said Tuesday....
Captive use continues to grow as climate change exacerbates extreme weather events driving property premium increases, Marsh LLC executives said Tuesday....
Article / 2 days ago
FM Global launches renewable energy unit
FM Global said Tuesday it has formed a unit targeting renewable energy risk that will provide research and loss-prevention engineering services and, later this year, an insurance product for...
FM Global said Tuesday it has formed a unit targeting renewable energy risk that will provide research and loss-prevention engineering services and, later this year, an insurance product for...
Article / 2 days ago
Risk managers must take lead on AI: Panelists
Artificial intelligence will not change the risk a company faces, only the amount, so risk managers should be proactive in assessing how the technology aligns with an organization's risk...
Artificial intelligence will not change the risk a company faces, only the amount, so risk managers should be proactive in assessing how the technology aligns with an organization's risk...
Article / 2 days ago
