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Climate Change, Nuclear Verdicts Worry Wealthy North Americans: Chubb Survey

Climate Change, Nuclear Verdicts Worry Wealthy North Americans: Chubb Survey

A new Chubb report has found that 76 percent of wealthy Americans and Canadians believe exposure to extreme weather due to climate change is among the biggest...

A new Chubb report has found that 76 percent of wealthy Americans and Canadians believe exposure to extreme weather due to climate change is among the biggest...

Article / 4 months ago

Insurance for Sneakerheads Available - Carrier Management

Insurance for Sneakerheads Available - Carrier Management

Unboxed, a sneaker app for sneaker enthusiasts—sneakerheads—announced that is partnering with Assuredly, a managing general agency, to insure the sneaker collections of Unboxed members...

Unboxed, a sneaker app for sneaker enthusiasts—sneakerheads—announced that is partnering with Assuredly, a managing general agency, to insure the sneaker collections of Unboxed members...

Article / 2 years ago

Pushing Boundaries: NFTs as the Fine Art Market's Next Frontier

Pushing Boundaries: NFTs as the Fine Art Market's Next Frontier

As anyone who works in insurance knows, technology is powerful enough to transform any industry...

As anyone who works in insurance knows, technology is powerful enough to transform any industry...

Article / 3 years ago

Watson's Fairfax to Sell Vault; A.M. Best Issues Ratings Downgrade

Watson's Fairfax to Sell Vault; A.M. Best Issues Ratings Downgrade

Vault Insurance – a high-net-worth insurer majority-owned by Fairfax Financial's Allied World – will be sold...

Vault Insurance – a high-net-worth insurer majority-owned by Fairfax Financial's Allied World – will be sold...

Article / 3 years ago

Tokio Marine Closes $3.1B Acquisition of PURE Group

Tokio Marine Closes $3.1B Acquisition of PURE Group

Tokio Marine Holdings announced that it has completed the acquisition of Privilege Underwriters Inc. and its subsidiaries, known as PURE Group, which specializes in the U.S. high net worth insurance market...

Tokio Marine Holdings announced that it has completed the acquisition of Privilege Underwriters Inc. and its subsidiaries, known as PURE Group, which specializes in the U.S. high net worth insurance market...

Article / 4 years ago

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Study: U.S. Companies Facing Class Actions at Highest Level in 13 Years

Study: U.S. Companies Facing Class Actions at Highest Level in 13 Years

U.S.-based corporations spent nearly $4 billion of their legal budgets on class actions last year, making...

Study: Average Cyber Breach Insurance Coverage Gap is 350%

Study: Average Cyber Breach Insurance Coverage Gap is 350%

A new study released this week highlights the extreme cyber coverage gap that exists....

Boeing Claims No Cracks Found on Older 787 Jets Ahead of Whistleblower Testimony

Boeing Claims No Cracks Found on Older 787 Jets Ahead of Whistleblower Test...

Boeing said on Monday it has not found fatigue cracks on in-service 787 jets that have gone through heavy...

Triple-I: Insurance Economic Drivers Outperform Overall U.S. GDP

Triple-I: Insurance Economic Drivers Outperform Overall U.S. GDP

The economic drivers of the U.S. property/casualty (P/C) insurance industry are growing faster than the n...

Poll: Consumers OK With AI in P/C Insurance, but Not So Much for Claims and Underwriting

Poll: Consumers OK With AI in P/C Insurance, but Not So Much for Claims and...

A poll to understand American consumers’ attitudes toward artificial intelligence in the property/casualt...

Cyber Reinsurers on Alert After Healthcare Ransomware Attack

Cyber Reinsurers on Alert After Healthcare Ransomware Attack

A substantial disruption in the U.S healthcare system occurred as a result of a February cyberattack on C...

Other Major U.S. Bridge Collapses Caused by Ships and Barges

Other Major U.S. Bridge Collapses Caused by Ships and Barges

A container ship struck a major bridge in Baltimore early Tuesday [March 26], causing it to plunge into t...

Worst Is Over: Most of Casualty Reserve Hole May Be Filled, Analyst Says

Worst Is Over: Most of Casualty Reserve Hole May Be Filled, Analyst Says

Predictions that the property/casualty insurance industry is in the midst repeating the type of loss rese...

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