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BI claims are notoriously difficult to manage and some insurers believe binary coverage can help. -
Michael Mora was appointed North America CEO just over a year ago.
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CEO Jeff Consolino will undertake CFO duties on an interim basis.
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PL coverage is being stripped out of admitted, packaged policies and increasingly purchased in the E&S market.
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In March 2024, Cowen was appointed to lead Chubb’s new international transactional liability platform.
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Underhill spent nine years at BHSI as global head of transactional liability.
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June’s increase was up from May’s 0.2%.
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The IPO price is expected to be $18-$20 per share.
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The Inflation Reduction Act 2022 established new tax credits to incentivize investment in renewables.
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The executive has spent 13 years in the broker’s marine division.
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The MGA is expected to launch a product-recall portfolio in September.
