The captive craze is testing broker credibility, said industry veteran

[ad_1] One firm announces a new CEO, and another a new CFO [ad_2] Source link

[ad_1] Jump to winners | Jump to methodology Virtual defenders Cybercriminals work around the clock, but so do America’s top cyber insurance companies – and their efforts haven’t gone unnoticed. In a landscape of relentless digital threats, Insurance Business America recognizes the nation’s leading cyber insurance providers. Thousands of brokers from across the country offered candid…

[ad_1] The dispute stemmed from an April 2013 explosion at Exxon’s Beaumont, Texas refinery during a maintenance project. Exxon had contracted Brock Services, Ltd. to provide scaffolding services. Under the service agreement, Brock was identified as an independent contractor and was required to obtain insurance coverage, including workers’ compensation, employer’s liability, and commercial general liability…

[ad_1] Insurance claim delays are the longest since 2008 [ad_2] Source link

[ad_1] Vermont continues to refine its captive insurance laws, with proposed legislation in 2025 focusing on technical corrections and clarifications related to controlled-unaffiliated risk, conversions of captive insurance companies into protected cells, parametric contracts, and confidentiality.  [ad_2] Source link

[ad_1] The lawsuit brought to light a series of embarrassing exchanges between executives at Marsh where they discussed the escalating financial crisis engulfing Greensill and its main insurer, Australia’s Bond & Credit Co, in the run-up to Greensill’s collapse.    In an email exchange from 2020 that was shared with the court, a Marsh executive described the…