Tokio Marine Faces Larger-Than-Expected Exposure to Greensill Capital Meltdown March 19, 2021 By Patrick Winters and Taiga Uranaka Tokio Marine Holdings Inc. is facing a larger-than-expected exposure to the Greensill Capital meltdown after finding that reinsurance contracts intended...
$8M Jury Award in ‘Walking Dead’ Stuntman’s Death Tossed Out by Court March 19, 2021 An appeals court has thrown out an $8 million jury verdict awarded to the family of a stuntman who was...
Citizens’ CEO: Florida Property Insurance Market is Shutting Down March 19, 2021 By Amy O'Connor Florida’s insurer of last resort, Citizens Property Insurance Corp., has become the insurer of first resort as thousands of new...
The Liberty Company Insurance Brokers Adds Kaiser, English in California March 19, 2021 The Liberty Company Insurance Brokers has named Bethany Kaiser a Senior vice president in the Bakersfield, Calif. office. The firm...
ShoreOne Appoints Hoover as CMO to Lead Coastal State Expansion Effort March 19, 2021 ShoreOne has appointed Ben Hoover as chief marketing officer. Hoover will lead the marketing and distribution strategy for ShoreOne’s growth...
Securities, Commodities, Insurance Regulators Face Climate Issues March 18, 2021 By Don Jergler The Connecticut Legislature’s Insurance & Real Estate Committee held a public hearing this week on what is believed the country’s...
Chubb Explores Acquisition of $22 Billion Rival Hartford: Bloomberg March 18, 2021 By Ed Hammond Chubb Ltd., the global insurer led by Evan Greenberg, is exploring an acquisition of Hartford Financial Services Group Inc. in...
North Carolina Man Charged with Insurance Fraud in Wreck Scheme March 18, 2021 A North Carolina man was arrested in connection with an insurance fraud scheme involving roadside cleanup after a car crash,...
Applied Underwriters Acquires Florida Casualty Insurance Co. March 18, 2021 Florida Casualty Insurance Co. (FCIC), formerly Ashmere Insurance Co., has been acquired by Applied Underwriters and will become part of...
More Fallout from February Blackouts: Last Texas Power Regulator Resigns March 18, 2021 The last Texas regulator on the Public Utility Commission at the time of the deadly February blackouts has resigned, Gov....