Insurance moves at Fidelis, Hartford, Everen, Everest and Munich Re

[ad_1] In a decision issued April 10, 2025, the Oregon Supreme Court affirmed that Continental Casualty Company retains the right to seek contribution from another insurer for environmental cleanup defense costs it paid, even after the co-insurer entered into a settlement with the insured. The court’s ruling in Continental Casualty Co. v. Argonaut Insurance Co.,…

[ad_1] Everest Group appoints Darryl Page to board Everest Group has named Darryl Page (pictured above, left) as an independent, non-executive board member. Page brings more than 40 years of experience, including leadership roles at Chubb, Fireman’s Fund and Allstate. [ad_2] Source link

[ad_1] The upstream market, which has seen a 5% growth in capacity, is benefiting from a quiet year for losses. This growth continues to fuel soft market conditions. Insurers are under pressure to expand their market share, which has led to reductions in rates and an increasing willingness among underwriters to take on leadership roles,…

[ad_1] Industry and market outlook The leadership transition comes as Argo adapts to shifting industry dynamics, including regulatory changes, rising litigation costs, and evolving risks in the specialty insurance sector. With Donahue at the helm, the company is expected to continue refining its underwriting approach while seeking growth opportunities in niche markets. [ad_2] Source link

[ad_1] Underwriting strength highlighted by consistent core performance excluding catastrophes [ad_2] Source link

[ad_1] Company also releases its management and professional liability market outlook [ad_2] Source link