Assoc. of Bermuda Insurers and Reinsurers Elects Arch Capital’s Grandisson as Chair January 7, 2021 The Association of Bermuda Insurers and Reinsurers (ABIR) announced its biennial election of officers for 2021-2022. New ABIR officers elected...
Pen Underwriting Extends Long-Term Partnership with Zurich to Provide Fleet Capacity January 7, 2021 Pen Underwriting, the UK-based managing general agent, announced a new long-term UK capacity deal with Zurich Insurance in the specialist...
Global Natural Catastrophes Cost $210 Billion in 2020: Munich Re January 7, 2021 Natural catastrophes around the world resulted in $210 billion in damage in 2020, with the United States especially hard hit...
COVID-19 Pressures Threaten About 4,000 Small UK Financial Firms January 7, 2021 By Silla Brush Britain’s market watchdog warned about 4,000 small financial firms are at greater risk of failure from the coronavirus as the...
372 DUI Arrests, 13 Killed in Traffic Crashes in Georgia Over Holiday Weekend January 7, 2021 Georgia’s public safety department said Monday that 10 fatal traffic crashes over the New Year’s holiday weekend resulted in 13...
Bond to Lead Expanded Markel Surety Practice with $500M in Capacity January 7, 2021 Markel Surety, a part of Markel Corp.’s Markel’s Specialty division, has increased its capacity offering to $500 million for the...
Tennessee-Based Sedgwick Names Fisher Chief Data Officer January 7, 2021 Sedgwick, a global provider of technology-enabled risk, benefits and integrated business solutions headquartered in Tennessee, has appointed Adam R. Fisher...
LUBA Workers’ Comp Acquires Florida-Based FHM Insurance Services January 7, 2021 The board of directors of LUBA Workers’ Comp, a regional casualty insurance company insuring businesses across the Gulf South, has...
Study Shows Impact of Property Protections on Texas Windstorm Insurer Rates January 7, 2021 A report prepared by Willis Towers Watson showing the potential impact of increased coastal building standards on premium rates for...
Advocates Hope Texas Will Ease Medical Marijuana Restrictions January 7, 2021 By Sami Sparber, The Texas Tribune and Aria Jones, The Texas Tribune Five years after Texas legalized medical marijuana for people with debilitating illnesses, advocates and industry experts say the state’s strict...