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Marsh names Amy Barnes global head of energy & power
Additionally, Marsh has also announced that Andrew Herring will take on the role of global chair of energy & power, effective January 1, 2026. Herring, who joined Marsh in 2010, has led the UK energy & power team since 2012 and will continue to be based in London. Source link
CH Insurance is hiring…Where Every CHampion Belongs
Ready for a CHange? CH Insurance is expanding our team in 2025! Team Strength Have you ever heard of the “OLIVUS” principle? Our Corporate Storyteller, Angela Moonan, has worked on it with our team for many years. At the heart of the OLIVUS Principle rests the notion that all of us are better together, than…
Defendant gets break in civil racketeering charge bought by American Transit Insurance Company in NY
Insurer claims multimillion dollar fraud, racketeering Source link
Rebranded and refocused, Cotality tackles wildfire and hail risks
It is making big moves in climate risk tech Source link
Intact Financial enjoys boost from personal lines
In the US, operating DPW declined 3%, mainly due to the non-renewal of a large account. The region’s combined ratio improved slightly to 86.8%, helped by rate momentum across most lines. In the UK and Ireland, operating DPW fell 4% as portfolio remediation efforts continued. The combined ratio in that segment rose to 97.6%, influenced…
Climate events and litigation costs drive insurance rate increases – report
Wildfires reverse rate moderation After signs of stabilization in 2024, the commercial property market experienced renewed pressure following major wildfire events. In January, the Palisades and Eaton Fires in Los Angeles County destroyed more than 16,000 structures, quickly depleting reinsurers’ catastrophe budgets for the year. Though 2024 reinsurance renewals were broadly favorable, the early surge…