Insurance Business Magazine - US

Allianz posts $8.5 billion in net income for 2019
Allianz posts $8.5 billion in net income for 2019

Operating profit, meanwhile, hit its highest total in group’s history

Posted: Feb 21, 2020

Northwestern Mutual taps analytics expert for board
Northwestern Mutual taps analytics expert for board

The new board member holds a Ph.D. in applied statistics

Posted: Feb 21, 2020

Gallagher expands aerospace team
Gallagher expands aerospace team

The company brings on six new recruits, who will be based in London and New York

Posted: Feb 21, 2020

Surplus lines insurers record 19.3% premium increase for 2019
Surplus lines insurers record 19.3% premium increase for 2019

WSIA executive director cites "overall economic growth in the US"

Posted: Feb 20, 2020

J.E.D. Insurance & Financial Service aligns with SAN Group
J.E.D. Insurance & Financial Service aligns with SAN Group

Firm joins growing alliance of independent insurance agencies

Posted: Feb 20, 2020

Farmers Insurance to offer auto insurance in South Carolina
Farmers Insurance to offer auto insurance in South Carolina

Insurer's eastward expansion continues

Posted: Feb 20, 2020

AXA announces group results and a new CEO for AXA XL
AXA announces group results and a new CEO for AXA XL

Top industry figure makes the jump from Chubb

Posted: Feb 20, 2020

Former state insurance commissioner lands new job
Former state insurance commissioner lands new job

Move will see him relocate his family

Posted: Feb 20, 2020

Most customers feel unappreciated by their insurance company – study
Most customers feel unappreciated by their insurance company – study

Loyalty rewards, including smart-home products, can drive customers to switch providers, study finds

Posted: Feb 20, 2020

Swiss Re reveals 73% lift in group net income
Swiss Re reveals 73% lift in group net income

Increased dividend to be suggested at AGM

Posted: Feb 20, 2020

Hard property market weighs on commercial real estate firms
Hard property market weighs on commercial real estate firms

A reduction in supply and capacity is putting pressure on these businesses

Posted: Feb 19, 2020

What mark will the novel coronavirus leave on the global economy?
What mark will the novel coronavirus leave on the global economy?

Previous epidemics reveal what makes this outbreak so serious

Posted: Feb 19, 2020

Elite Women 2020: Nominations now open
Elite Women 2020: Nominations now open

IBA returns to spotlight the leading women in the insurance industry

Posted: Feb 19, 2020

Risk Strategies snaps up relocation insurance specialist
Risk Strategies snaps up relocation insurance specialist

The acquisition adds "unique capabilities" to the Risk Strategies arsenal, says CEO

Posted: Feb 19, 2020

Activists protest Liberty Mutual's stance on fossil fuels
Activists protest Liberty Mutual's stance on fossil fuels

Environmental groups are demanding that it stops insuring all new coal, oil and gas projects

Posted: Feb 19, 2020

CNA announces retirement of EVP, chief actuary
CNA announces retirement of EVP, chief actuary

Company also names successor for the role

Posted: Feb 19, 2020

Argo announces permanent chief executive, incoming chair
Argo announces permanent chief executive, incoming chair

Current chairman's term will be finalized in April

Posted: Feb 19, 2020

Aspen Insurance appoints new group chief risk officer
Aspen Insurance appoints new group chief risk officer

Company hires executive, who previously served as the chief risk officer of a major reinsurance competitor

Posted: Feb 19, 2020

GEICO sues auto glass repair shop, alleging fraud
GEICO sues auto glass repair shop, alleging fraud

Insurer claims the repair shop submitted fraudulent invoices to claim on expensive auto glass repairs

Posted: Feb 18, 2020

LOMA names board chair for Life Insurers Council
LOMA names board chair for Life Insurers Council

Trade association appoints insurance executive known for her wholehearted support for emerging technologies

Posted: Feb 18, 2020

Aspen Re International introduces new senior managing director
Aspen Re International introduces new senior managing director

It hires the former CEO of another reinsurance firm

Posted: Feb 18, 2020

Crawford & Company brings in Dame Inga Beale for board
Crawford & Company brings in Dame Inga Beale for board

Addition takes place the same month company's Office of Diversity is formed

Posted: Feb 18, 2020

AssuredPartners snaps up Nevada agency
AssuredPartners snaps up Nevada agency

The acquisition expands the company’s commercial insurance expertise in the region

Posted: Feb 17, 2020

Telehealth market to hit $53.1 billion by 2026 – report
Telehealth market to hit $53.1 billion by 2026 – report

The sector is expected to see a CAGR of 14.9% between 2019 and 2026

Posted: Feb 17, 2020

Clyde & Co reveals number of insurance deals worldwide in 2019
Clyde & Co reveals number of insurance deals worldwide in 2019

Deals in the space rose 10% last year, according to a new report

Posted: Feb 17, 2020