Global broker hires BPL Global president Evan Freely to oversee its New York-based global credit and political risk team

Bermudian re/insurer hires Lawrence Doyle from AIG to oversee operational performance and key transformational programmes 

FFT claims reach record high in third quarter, accounting for one-third of the period’s cyber claims in the US, according to new analysis

Insurance stocks prove resilient in a negative week for equities as Beazley set to enter FTSE 100

US insurer hires Sompo International's head of claims Lynn Neville to oversee all aspects of claims management, administration, and operations

Bermuda-based carrier's CEO confirm FTX exposure but insists company remains 'well capitalised' 

State regulator also approves solvency run-off of St Petersburg-based United, which has posted underwriting losses of more than $35m for each of the past five years

Contra proferentem and other rules of policy interpretation apply even to language insurers argue is ‘manuscript’, California Supreme Court confirms

Joe Carron named executive vice-president of Alliant Private Clients in Florida

Companies on the island may incur as much as 25% of industry losses tied to Hurricane Ian, which are expected to range from $50bn to $75bn

Lawmakers will examine ways to rein in the cost of claims-related litigation, raise the availability of reinsurance, curb the practice of assignment of benefits, and stabilise the finances of last-resort insurer Citizens Property Insurance

World’s second-largest buyer of natural catastrophe reinsurance reveals October 1 programme not fully renewed and casts doubt on April 1 contracts as capacity challenges escalate 

Catastrophe modeller unveils new stochastic models for hurricanes, flood and wildfires as the weather-related perils most influenced by climate change

Rate moderation will be led by cyber and D&O lines, broking giant says

Life reinsurer hires Scot Parnell from US on-demand payroll services firm DailyPay

Mollica has been with Chubb since 2008, most recently serving as executive vice-president and the division’s head of private/not-for-profit business