Insurers
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The partnership will launch a new umbrella excess insurance product. -
Colorado and New York have already passed regulations regarding insurer AI use.
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CEO Kieran Dempsey will relinquish the additional title of president.
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The underwriter will be based in New York and drive underwriting strategy.
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Markel Insurance is made up of the firm’s three primary underwriting businesses.
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Newly released annual stat filings on reserve data show some troubling trends.
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Last month’s inflation figures were lower than expected, but tariffs continue to loom.
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She replaces Matt Westhoff, who left in October to lead QBE NA.
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Commissioner Lara also proposed a $500mn cash infusion from parent State Farm.
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Of the 178 passengers and crew on board, no serious injuries have been reported.
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CEO Greenberg cited ‘competing priorities’ in his annual letter to shareholders.
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A rebound is expected this year, however, led by strong US activity.
