UK Government to Create Temporary Reinsurance Backstop for Trade Credit Insurance May 13, 2020 By L.S. Howard The UK Treasury announced it is creating a government-backed temporary reinsurance scheme so businesses can continue to access trade credit...
Florida Extends Order Allowing Agency Reps to Work Remotely During Health Emergency May 13, 2020 By Amy O'Connor Customer service representatives holding a particular Florida insurance license will be able to continue conducting business remotely until at least...
SIAA Reports Strong First Quarter and Anticipates Continued Growth May 13, 2020 By Newswire Hampton, NH, May 13, 2020: SIAA (Strategic Insurance Agency Alliance, Inc.), the largest independent insurance alliance in the United States,...
Everest Insurance Taps Patel from AIG Europe as UK Head of Transactional Risk May 13, 2020 Everest Insurance announced the appointment of Sujal Patel as the UK Head of Transactional Risk for Everest Global Markets, which...
Insurers Zurich and Chubb Raise Cover for Canada Oil Sands Pipeline: Filings May 13, 2020 By Carolyn Cohn, Simon Jessop and Noor Zainab Hussain Major insurers Zurich and Chubb increased their insurance cover for a Canadian oil sands pipeline over the last year, Canadian...
Reliance Partners of Tennessee Appoints Albrecht as CFO, CRO May 13, 2020 Reliance Partners has added Thom Albrecht as chief financial officer and chief revenue officer. Albrecht is a 32-year veteran of...
FCCI Insurance Terminates CEO Johnson Days After His Arrest May 12, 2020 Craig Johnson, chief executive officer of Florida-based FCCI Insurance Group, has been terminated and removed as an officer and board...
Workers’ Comp May Need Backstop as Presumptions Push Claim Costs into Billions May 12, 2020 By Jim Sams An executive order by California Gov. Gavin Newsom last week is the most aggressive yet among the directives issued by...
California Retailer Sues Travelers for Denied COVID-19 Business Interruption Claims May 12, 2020 San Francisco-based children’s clothing boutique Mudpie Inc. has filed a class action lawsuit on behalf of California-based retail stores against...
French Mutual Covéa Scraps $9 Billion Purchase of PartnerRe from Exor May 12, 2020 French insurer Covéa has walked away from its planned $9 billion purchase of PartnerRe, the Bermuda-based reinsurer owned by Exor,...