Insurance Business America

Rising risks, shrinking budgets – captives as the insurance industry's MVP In the US, the property and casualty (P&C) insurance industry plays a significant role in the national economy, contributing

Key appointments strengthen global underwriting and middle-market insurance divisions Commercial property insurer FM has named Laurel Rudnick (pictured above, left) and Danielle Harrison (pictured above, right) to new leadership roles,

New exclusions and rate shifts challenge agents to find competitive options The US casualty insurance market is entering a complex phase, characterized by rising claims inflation driven by escalating litigation

Duo to take on key roles to drive strategy and operational excellence Westchester, the excess and surplus (E&S) lines division of Chubb, has announced changes to its leadership team within

Court upholds argument that policyholders failed to prove required damage A US District Court judge has denied the Philadelphia Eagles’ motion to reconsider their COVID-19 business interruption coverage lawsuit against

"We're now facing a situation of overcapacity" Since launching, Acrisure Re’s facultative reinsurance business has doubled its revenue every year – a testament to the external trends shaping market conditions.

Manhunt under way after assassin flees on e-bike Authorities in New York are conducting an extensive search for the killer who fatally shot the CEO of a major U.S. insurance

Bank also implementing 'more rigorous, effective measures' to deter employee misconduct Nomura Holdings CEO Kentaro Okuda is taking a voluntary pay cut after a former employee of the firm was

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Independent film productions will get a boost – but they also face more exposures California’s entertainment industry is set for a boost after Gov. Gavin Newsom announced plans to more