Readers of a book about the history of the insurance industry—or more specifically, about Crum & Forster’s place in the last 200-plus years—will find out that C&F executives were responsible for two key innovations. According to Marc Adee, author of […]
Tag: U.S
U.S. Executives Misjudge Cyber Preparedness
U.S.-based executives feel more prepared to counter cyber threats, potentially indicating a false sense of security because many companies lack the ability to be adequately prepared, according to a new report from specialist insurer Beazley. According to the report, “Spotlight […]
U.S. Executives Misjudge Their Cyber Preparedness
U.S.-based executives feel more prepared to counter cyber threats, potentially indicating a false sense of security because many companies lack the ability to be adequately preparedness, according to a new report from specialist insurer Beazley. According to the report, Spotlight […]
Tokio Marine Hunts for Deals Abroad, Sees Room for Growth in U.S.
Tokio Marine Holdings Inc. sees scope for further expansion in the US as Japan’s largest property-and-casualty insurer explores acquisition opportunities around the world, its new chief executive officer said. “We want to expand in countries other than the US for […]
Soaring Temperatures Stress U.S. Grids
Blistering heat is straining power grids across the eastern half of the U.S., leading to a blackout in part of New York City’s borough of Queens as the local utility issued a warning to conserve electricity. Consolidated Edison Inc. is […]
U.S. Braces for ‘Low-Level’ Cyber Attacks by Iran After Airstrikes
U.S. officials are warning businesses to brace for potential Iranian cyber attacks following American airstrikes on the country’s nuclear sites, an event that experts say could draw a relatively small response from hackers. A bulletin from the Department of Homeland […]
U.S. E&S Growth Slowed Again in ’24; Berkshire, AIG Top Premium Rankings
A recent analysis by S&P Global Market Intelligence reveals that the pace of growth in the U.S. excess and surplus lines market slowed to 13.4 percent in 2024, down from 14.5 percent a year earlier. While growth stayed up in […]