Insurance software specialist, Sequel, a Verisk business, announced its latest initiative, Sequel Hub, which is described as a flexible solution designed to simplify the distribution of standalone products and delegated authority business. The Sequel Hub launches with over 10 carriers …
Reinsurance rates are expected to increase by more than 10% in catastrophe-related lines of business when contracts are renewed in January 2022, which supports an improving sector outlook for 2022, according to Fitch Ratings. Typically, two-thirds of non-facultative reinsurance business …
Florida’s Citizens Property Insurance Corp. is reminding agents and policyholders that rates for most commercial and residential policies will rise a bit each year, starting Feb. 1, 2022. The change to the insurer’s glidepath, as it’s known, was authorized by …
Appalachian Underwriters Hires Tobin as Northeast Marketing Representative Appalachian Underwriters Inc. (AUI) hired a new marketing representative to cover the Northeast region of the U.S. Bob Tobin comes to AUI with years of experience in the insurance industry, specifically from …
Sartain Named Marsh Specialty Leader for U.S. and Canada Insurance broker Marsh announced the appointment of Michelle Sartain as head of Marsh Specialty for the U.S. and Canada, effective January 1, 2022. Sartain will oversee Marsh’s aviation, construction, energy and …
New York City is expanding its “Key to NYC” program, the first-in-nation vaccination mandate for workers and customers at indoor dining, fitness, entertainment and performance venues. Starting December 14th, the program will require children aged 5-11 to show proof of …
Columbia University Irving Medical Center (CUIMC) and New York-Presbyterian Hospital (NYP) have reached an agreement with 79 women who were patients of former gynecologist Robert Hadden. These women, represented by the law firm of Slater Slater Schulman LLP, are among …
Property/casualty insurers head into 2022 facing “massive” political risks, an expert with the Insurance Information Institute said on Dec. 2. Economic uncertainty will also continue despite recovery trends. Some exist due to post-pandemic economic fallout, but many others are longstanding …
Allianz Global Corporate & Specialty (AGCS), Allianz’ entity for large-scale corporate and specialty risks, announced the launch of an online marine insurance service designed for UK leisure vessel owners in collaboration with insurtech company Visicover. Visicover’s web-based service lets customers …
Global ransomware attacks increased by 151% in the first half of 2021 compared with 2020 and hackers are set to become increasingly aggressive, Canada’s signals intelligence agency said on Monday. The Communications Security Establishment (CSE), citing attacks on North American …
