U.S. Warns of Sanctions on European Firms and Insurers Over Russia’s Nord Stream January 13, 2021 By Timothy Gardner and Daphne Psaledakis The U.S. State Department this month told European companies which it suspects are helping to build Russia’s Nord Stream 2...
Marine Insurers Set to Raise Rates After Red Sea Attacks on Merchant Ships January 13, 2021 By Jonathan Saul LONDON – Insurers are set to raise the cost of providing cover for merchant ships through the Red Sea after...
Canopius Re Receives License in Bermuda to Operate as Class 4 Reinsurer January 13, 2021 Canopius announces its Bermuda-based reinsurance company Canopius Reinsurance Ltd. has been granted a Class 4 reinsurer license by the Bermuda...
Zurich Insurance Emphasizes Compliance Standards as U.S. Eyes Nord Stream Sanctions January 13, 2021 Zurich Insurance Group emphasized its compliance standards on Wednesday while declining to comment specifically on the Russia-led Nord Stream 2...
Core Specialty Partners, Lancer Launch Excess Transportation Program January 13, 2021 Core Specialty Insurance Holdings and its subsidiaries have partnered with Lancer Management Co. to provide excess liability limits for qualified...
Wisconsin Man Charged with 18th Drunk Driving Offense January 13, 2021 A 73-year-old Green Bay, Wisconsin, man has been charged with his 18th drunken driving offense, after a crash on Jan....
Army Corps Proposes $2B in Improvements South Louisiana Levees January 13, 2021 A federal agency is proposing $2 billion in improvements to the levee system that protects against hurricane flooding along portions...
New Duck Boat Tours Planned for Missouri Lake Where 17 Drowned January 13, 2021 A new company said it is planning to bring tours featuring “unsinkable” amphibious boats back to a Missouri lake where...
Cohen Promoted to Divisional Group President in Great American’s P/C Group January 13, 2021 Great American Insurance Group, based in Cincinnati, Ohio, promoted Jason M. Cohen to divisional group president within its Property &...
Exceptional Risk Advisors Acquires International Specialty of North Carolina January 13, 2021 Exceptional Risk Advisors, a Lloyd’s of London coverholder, has acquired assets of International Specialty Insurance Services. Headquartered in Winston-Salem, N.C.,...