American International Group said Tuesday it has hired former Everest Insurance executive Adam Clifford as CEO, international commercial insurance, effective Jan. 5.
Zurich North America announced that it is launching an insurance package for data center construction, providing builders risk, parametric and operational coverage.
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…
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.
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.
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.
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…
Commercial insurance rate increases continue to outweigh decreases, despite falls in property insurance pricing, Arthur J. Gallagher & Co.’s top executive said Thursday.
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.
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.
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.
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.
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…
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.
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.
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…
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.
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…