Expect Direct Online to Gain in Small Commercial Insurance Market Share: Novarica

Article 0 Comments Changes in small business owners’ online habits and new market entrants are driving market demand for online purchasing of insurance, according to a report from advisory firm Novarica, which sees direct online sales capturing as much as 15 percent of the market within five years. “As more […]

UK’s Pool Re Extends Terrorism Cover to Include Non-Damage Business Interruption

Article 0 Comments UK’s Pool Re now is able to cover losses incurred if a business cannot trade or is prevented from accessing its premises in the wake of a terrorist attack. Before a change in the law, Pool Re, a public-private partnership that provides a reinsurance backstop for losses […]

Whew! Human Beats IBM’s AI Machine in Debate

Article 2 Comments International Business Machines Corp. fell short in its latest attempt to prove machines can triumph over man. But it came close. The tech giant’s six-year-old artificial intelligence debating system, affectionately dubbed “Miss Debater,” went head-to-head with one of the world’s most decorated practitioners Monday. After a 25-minute […]

Atlas General Insurance Services Adds Gray to Southeast Team

Article 0 Comments Atlas General Insurance Services has hired John Gray as Business Development manager in the Southeast. John Gray Gray, who joins Atlas from Appalachian Underwriters, Inc., will work with the Atlas Business Development and Marketing team to grow its presence in the Southeast by reengaging existing agency relationships […]

A CEO Needs to Paint a Picture of What ‘Good’ Looks Like: QBE CEO Regan

Article 0 Comments QBE Insurance has spent the last few years restructuring its business while at the same time weaving the fabric of a global organization with a strong, cohesive culture. A good corporate culture helps to create good financial results. Consequently, the CEO must spend his or her time […]

Brexit Uncertainties Create Potential Legal Nightmare for UK Exporters

Article 0 Comments Business is brisk at Nim’s Fruit Crisps. Pineapples are imported from Costa Rica, kiwis from Italy and oranges and lemons from Spain. They’re then turned into healthy snacks for export to Israel, South Africa, Hong Kong and elsewhere. You wouldn’t know that the company in southeast England […]

New Jersey Man Accused of Faking Fall for Insurance Pleads Not Guilty

Article 1 Comments A New Jersey man accused of faking a slip and fall at a business to get insurance money has pleaded not guilty. Alexander Goldinsky entered his plea Thursday during a brief court hearing. Prosecutors say the 57-year-old Randolph man was subcontracted to work at a company in […]

Affluent Market Rivals Not Making Much of a Dent in Chubb’s Business

Article 0 Comments Chubb’s high-net-worth personal lines insurance business may have some new competition, but Chairman and CEO Evan Greenberg and a key executive say those rivals haven’t made much of a dent. “From my point of view we don’t see a change of any consequence in the competitive environment […]

Hub Acquires Business from Fortenberry McNamara of Mississippi

Article 0 Comments Hub International Limited has acquired a book of business from Fortenberry McNamara, LLC of Jackson, Miss. Terms of the transaction were not disclosed. Fortenberry McNamara, an affiliate of Executive Planning Group, P.A., is an employee benefits consulting firm providing insurance underwriting, employee benefits and human resource consulting […]

Louisiana Insurance Exec Arrested for Theft of Nearly $1M

Article 0 Comments An insurance business owner and former official for a Louisiana port has been arrested for stealing nearly $1 million from his clients, authorities said. Kristian Gaudet, 45, of Cut Off, was charged with two counts of felony theft, The Courier reported. Deputies said they began investigating Gaudet, […]