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People Moves: Grange Names Conte Chief Distribution Officer; McCabe to Succeed Wilcox as EVP and COO, Personal Lines, at Encova Grange Insurance Names Conte Chief Distribution Officer Grange Insurance, based in Columbus, Ohio, named Krista Conte chief distribution officer. With more than 20 years of industry experience, Conte most recently served as executive vice president of insurance and distribution at …
POSTED JULY 22, 2026 4:20 PM |
Insurer Rewards Can Boost Climate Resilience Spending, Aon Says Insurers can drive improvements in climate resilience by rewarding companies that invest to protect their businesses, rather than simply penalizing risky assets with higher premiums, according to a senior executive at Aon Plc. “Our role as an intermediary is to …
POSTED JULY 22, 2026 3:56 PM |
OpenAI Models Hacked Another Company’s Systems by Mistake OpenAI said its advanced artificial intelligence models inadvertently hacked Hugging Face Inc. in an “unprecedented” incident that prompted fresh calls for curbs on the technology. The ChatGPT-maker said in a blog post Tuesday that the models broke into Hugging Face’s …
POSTED JULY 22, 2026 3:25 PM |
Chubb Q2 Net Income Down 3.8% on ‘Overly Soft’ Large Account, E&S Property Second quarter 2026 net income at insurer Chubb was down 3.8% compared to the same period in 2025 to about $2.85 billion, with property/casualty underwriting income up 18.8% to about $1.9 billion. Pretax net catastrophe losses were $475 million compared …
POSTED JULY 22, 2026 2:55 PM |
Florida’s Share of Claims Lawsuits Now About Half of 2020 Numbers, Data Show At the height of the Florida property insurance crisis in the early 2020s, one statistic seemed to galvanize the movement for reforming the state’s insurance claims litigation statutes: Floridians had produced about 9% of all homeowners’ claims in the U.S. …
POSTED JULY 22, 2026 2:52 PM |
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