This week has been marked by news of executive changes at brokers and insurers. Also of note: CNA Financial Corp.’s website is back online following a ransomware attack last month.
1. McGriff hires Willis Towers Watson exec
2. Property/casualty insurance prices keep rising
3. CNA website back online two weeks after cyberattack
4. Marsh & McLennan Agency expands in Northwest with acquisition
5. Reinsurers set to bear brunt of costs for Suez Canal grounding
6. Zillow recruits Christy Kaufman as risk manager
7. Workers comp insurtech names former AIG exec as CTO
8. Great American names divisional president of risk solutions unit
9. NFP hires captive execs from rivals
10. Aggregate value of insurance sector M&A deals up sharply in Q1
College basketball may be dominating this week’s sports news, but professional teams are making risk management headlines, as the NBA’s Los Angeles Lakers and Sacramento Kings and the NFL’s Philadelphia Eagles sued their insurers for COVID-19 coverage. The week’s biggest headline: Chubb Ltd.’s unsolicited bid to acquire rival Hartford Financial Services Group Inc.