Signers National, a group of premier insurance companies dedicated to servicing key client segments across the United States, announced the hiring of Chris Parkinson as chief information officer (CIO), effective immediately.
Author: Annie George
Convelo Insurance Group Hires Andrew Borst as President
Convelo Insurance Group, a national managing general underwriter specializing in unique insurance products for niche insurance segments and a division of Signers National, announces the hiring of Andrew “Andy” Borst as the organization’s new president effective immediately.
WTW Launches CyProtect Bermuda
WTW today announced the launch of CyProtect Bermuda, a cutting-edge cyber insurance product designed and tailored to be a comprehensive solution for financial, professional, and executive risks.
Insurers Take In Thousands of Claims After Storms Hit Tennessee, Kentucky
Two insurers have taken in more than 2,300 claims after a catastrophic tornado outbreak struck Middle Tennessee and Kentucky on Dec. 9. Single and multifamily dwellings, autos and commercial and industrial properties were damaged or destroyed by six tornadoes with winds up to 150 mph.
Tesla Recalls Millions of Vehicles Amid Probe Into Autopilot Crashes
Tesla will recall more than two million vehicles over concerns its Autopilot system can be misused by drivers, amid a two-year probe by U.S. auto-safety regulators into crashes involving the driver-assistance technology.
New Florida Bill Filed to Reduce Costs of Insurance for Condo Buildings
A bill is being considered by the state legislature that would make windstorm insurance coverage more affordable for condominium owners in Florida.
Hartford Financial’s Head of Commercial Lines: AI, Cyberattacks Top Agent/Broker Concerns for 2024
The pace of change will never be this slow again, said Mo Tooker, head of enterprise sales and distribution, global specialty, middle and large commercial, Hartford Financial, referencing the insurer’s new Risk Monitor Report.
Chubb and NetSPI Launch Cyber Protection Partnership
Chubb has announced an innovative collaboration with NetSPI, a global leader in proactive security, to strengthen clients’ cyber-risk profile via enhanced attack surface management and penetration testing solutions.
Ryan Specialty Forms International Financial Lines Managing General Underwriter Ryan Financial Lines
Ryan Financial Lines is being designed to offer clients and capital providers a wide-ranging, single platform of financial lines products.
U.S. Personal Auto Insurance Results Worsen as Claims Severity Rises
Following the worst year in the recent past for U.S. personal auto insurers, results continued to slide in the first half of 2023 as the segment posted a direct incurred loss ratio that was more than three percentage points above the one recorded in the same period of 2022, according to a new AM Best report.