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Gavin Souter

Gavin Souter

Editor at Business Insurance Online

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Influence score
40
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Location
United States
Languages
  • English
Covering topics
  • Business
  • Finance & Banking Services

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Recent Articles

businessinsurance.com

AIG hires former Everest exec as international commercial chief

American International Group said Tuesday it has hired former Everest Insurance executive Adam Clifford as CEO, international commercial insurance, effective Jan. 5.
businessinsurance.com

Zurich launches data center insurance program

Zurich North America announced that it is launching an insurance package for data center construction, providing builders risk, parametric and operational coverage.
businessinsurance.com

Delaware high court affirms pro-policyholder D&O ruling

The Delaware Supreme Court on Tuesday upheld a lower court decision that AMC Entertainment’s payment of stock to settle a shareholder lawsuit is covered by its directors and officers liability…
businessinsurance.com

AIG to pay Neal $2.7M in ‘forgone incentives’

American International Group will pay former Lloyd’s of London CEO John Neal $2.7 million in “foregone incentives at his former employer,” the insurer disclosed Friday in U.S.
businessinsurance.com

Former AIG executive Tom Bolt dies

Tom Bolt, who retired last year as chief risk officer of American International Group, has died, the company announced Friday.
businessinsurance.com

Contractors should view options to cover joint venture projects

Construction joint ventures can help contractors win more business, but contracts with partner companies must be carefully crafted to clarify liability and insurance issues, a panel of experts said.
businessinsurance.com

Construction companies, insurers face similar challenges: Worman

The insurance and construction industries face common challenges, and risk managers, brokers and insurers should collaborate to tackle them, said Douglas Worman, president and CEO of CNA Financial.
businessinsurance.com

Alliant buys Texas brokerage

Alliant Insurance Services announced Tuesday that it has acquired Highpoint Insurance Group, a Friendswood, Texas-based brokerage.
businessinsurance.com

Med mal dispute must go to arbitration: Ohio high court

A medical malpractice claims dispute between an urgent care provider and its insurer must be decided through arbitration rather than litigation, the Ohio Supreme Court ruled Thursday…
businessinsurance.com

Gallagher sees prices still rising, reports 20% growth

Commercial insurance rate increases continue to outweigh decreases, despite falls in property insurance pricing, Arthur J. Gallagher & Co.’s top executive said Thursday.
businessinsurance.com

Construction liability market on firmer ground

Rates stabilize ahead of expected boom tied to data center projects, but claims costs remain a threat…
businessinsurance.com

Insurers must face claim over plugged oil well: Appeals court

Lloyd’s of London insurers cannot deny a claim over a Texas oil well that was plugged after a contractor used the wrong cement mix for its casing, a federal appeals court ruled Monday.
businessinsurance.com

Brokerage M&As decline in third quarter

There were 188 mergers and acquisitions among U.S. and Canadian insurance intermediaries in the third quarter, down 13% from the same period last year, according to a report from Optis Partners.
businessinsurance.com

Career growth strategies incorporate self-advocacy, aptitude checks

Employees should use a range of strategies, including regular aptitude tests and involvement in organization-wide groups, to advance their careers in the insurance and risk management sector.
businessinsurance.com

Property insurance rates expected to fall further

Property insurers and brokers expect rates to continue falling into 2026 unless a major windstorm hits the United States before hurricane season ends Nov. 30.
businessinsurance.com

AIG announces Don Bailey’s retirement, promotes execs

American International Group announced Friday that Don Bailey would retire as CEO of North America commercial insurance at year-end and promoted three executives as it changed the leadership structure…
businessinsurance.com

Risk management, insurance evolve to mitigate AI exposures

Companies should establish governance policies for artificial intelligence as more employees use generative AI in their daily work with or without their organizations’ approval, experts say.
businessinsurance.com

Loss control investments in soft market pay off: Panel

Companies that invest in loss control projects while property insurance premiums are falling will reap the benefit of the investments when the market turns, a panel of experts said Thursday.
businessinsurance.com

Baseball fan can proceed with suit against Braves, Soler: Court

A fan who was hit in the face by a baseball can proceed with her suit against the Atlanta Braves and its former right fielder Jorge Soler, a Georgia appeals court ruled, overturning a lower court that…
businessinsurance.com

Whiskey distillery wins coverage for barrel stack collapse

A distillery is entitled to coverage under its commercial insurance policy after its barrel racks collapsed, causing whiskey purportedly worth $2.5 million to leak, a federal judge ruled.
businessinsurance.com

Mereo units to write $450M in 2025: Duperreault

Mereo Insurance and its related insurance-linked securities funds are projected to write about $450 million in premiums this year across a wide range of reinsurance business…