Chubb Appoints Dave Roberts as Westchester President; Dave Lupica Transitions to Executive Chairman
Chubb has appointed Dave Roberts as president of Westchester, while Dave Lupica assumes the role of executive chairman, ensuring strategic oversight.
Investment strategies and portfolio management
Chubb has appointed Dave Roberts as president of Westchester, while Dave Lupica assumes the role of executive chairman, ensuring strategic oversight.
A Delaware judge rules that insurers cannot recoup a $50 million settlement paid to NYU after Superstorm Sandy, highlighting issues of policy language.
A recent report reveals significant increases in California's cumulative trauma claims, indicating shifts in workforce dynamics and legal representation.
A federal judge mandates RLI to defend a plumbing contractor in pipe-leak litigation, citing potential coverage for one of three apartment complexes involved.
Record-low river levels are disrupting cargo transport and electricity generation in Europe, with significant shutdowns reported in Hungary and Romania.
A recent 6.8-magnitude earthquake in Japan could lead to insured losses of $1.4 billion to $2.1 billion, excluding various types of damages.
JPMorgan forecasts a stagnant European reinsurance market, predicting price softness continues into 2027 unless major catastrophic events occur.
A Wisconsin appeals court ruled that workers' compensation covers claims from a deadly plant explosion, blocking civil tort claims against Nationwide Mutual.
Woodland Pulp is under scrutiny after OSHA proposed fines for safety violations linked to worker deaths and hazardous chemical exposure events.
St. Mary’s, Newfoundland and Labrador, begins a $1.21 million cleanup of abandoned fish sauce tanks that have plagued residents for over 20 years.
A Tennessee workers' compensation panel ruled that a Texas insurer must remain involved in a roofing accident claim, citing coverage disputes as key factors.
Willis Towers Watson faced a significant 30% drop in net income for Q2, even as organic revenue increased by 5%.
Munich Re reports a 50% decline in global insured natural catastrophe losses in H1 2026, driven largely by severe U.S. thunderstorms.
PartnerRe Ltd. achieved a net income of $447 million for the first half of the year, despite a year-over-year decline in profit.
Insurers are increasingly excluding generative AI-related risks from policies, following the introduction of standardized endorsement templates by Verisk Analytics.
The Joint War Committee has broadened the high-risk zone in the Red Sea due to increased maritime attacks, impacting shipping operations in the area.
The 8th Circuit Court has revived Cannon Falls Area Schools' hail damage lawsuit against Hanover Insurance, challenging previous interpretations of damage exclusions.
W.R. Berkley announces key leadership shifts in its reinsurance division, promoting Daniel Westcott and Robert Coyne within the organization.
Brown & Brown's organic revenue slipped 0.7% as declining property insurance rates and segment variations impacted overall performance.
Recent wildfires in Spain and France are unlikely to impact insurer earnings significantly, except in high-value urban areas.