Chubb today announced its plan for a new Philadelphia office that will occupy a state-of-the-art building to be constructed at 2000 Arch Street.
Author: Annie George
Florida Property Insurance Bill Heads to Governor Ron DeSantis to Sign
The Florida House has passed sweeping legislation that would overhaul the state’s property insurance system, which has struggled due to insolvencies, high costs and major storms.
Great SPAC Crash of 2022 Deepens as Investors Cash Out
The great SPAC crash is bringing the year to a close in dramatic fashion, as more shareholders prepare to exit the speculative-investment industry for good.
Inszone Insurance Services Acquires Cameo Insurance Services Inc.
Inszone Insurance Services announced today the acquisition of Cameo Insurance Services Inc.
More Industries Will Come Under Spotlight as Climate Litigation Arena Grows
The oil industry were the first to face climate litigation, but depending on the outcome of jurisdictional battles in US courts, an increasing number of emission-intensive industries will face similar challenges in 2023.
Swiss Re: Cost to Provide Reinsurance Capacity Could Rise in 2023
Rising claims inflation, compounded by reinsurance capacity demand-supply mismatch in a rising interest rate environment, could contribute to an increase in the cost of providing insurance capacity in 2023 and beyond.
Forrester Predictions 2023: Evolving Risks And Recession Fears Will Redefine Insurer Strategies
In 2023, insurance leaders will navigate turbulence unseen since the financial crisis of 2008, according to a report by Forrester.
Allianz: Key Risk Trends for Directors and Officers in 2023
Allianz’s report looks at the main factors behind potential lawsuits against a company and its board of directors by investors or other stakeholder groups in 2023.
Florida State Senators Approve Property Insurance Bill
On Tuesday, the Florida Senate approved broad legislation to overhaul the state’s property insurance system.
AIG Subsidiary Files for Chapter 11 Bankruptcy
American International Group Inc (AIG) said on Wednesday its subsidiary, AIG Financial Products (FP), had filed for Chapter 11 bankruptcy protection.