E&S/Specialty

The CEO of a managing general agent that specializes in Alaska commercial programs has been named the next president of Florida's state-run insurer.

The CEO of a managing general agent that specializes in Alaska commercial programs has been named the next president of Florida's state-run insurer.

FreightWatch will offer Chubb customers a 10 percent discount to use their product and Chubb is set to waive thousands in deductibles for policyholders using FreightWatch.

British insurers face big claims for flooding after the heavy rainfalls across the country this month, making it harder for them to hit profit targets and potentially forcing them to raise premium rates for consumers, analysts said on Tuesday.

Climate change will make wildfires in the U.S. West, like those now raging in parts of Colorado and New Mexico, more frequent over the next 30 years, researchers reported on Tuesday.

Moodys Rating Service gives a favorable review to new rules proposed by the International Association of Insurance Supervisors to identify insurers that would pose a systemic risk to the global financial system, but the devil is in the details, notes an industry representative.