Tonga Avoids Widespread Disaster Despite Massive Volcanic Blast January 19, 2022 By Nick Perry The blast from the volcano could be heard in Alaska, and the waves crossed the ocean to cause an oil...
Freeway Acquires Can-Do & Showers Insurance Agency in Idaho January 19, 2022 Freeway Insurance, a division of Confie, acquired Can-Do & Showers Insurance Agency in Idaho. The acquisition is the first for...
Controlled Burn Likely Source for Bastrop County, Texas Wildfire January 19, 2022 A wildfire burning east of Austin, Texas was likely the resulted of a planned burn, officials said. The Rolling Pines...
People Moves: Hamilton Names AIG’s Friston for Financial Lines; WTW Hires Marsh’s Baker for FINEX Banking; Howden Re Taps Berkley Re’s Pike for Treaty Reinsurance January 19, 2022 This edition of International People Moves details appointments at Hamilton Re, Willis Towers Watson and Howden Re. A summary of...
People Moves: Actuarial Risk Management Names Cummings as Senior Consulting Actuary; Rockford Adds Pair January 19, 2022 Actuarial Risk Management Names Terrence Cummings as Senior Consulting Actuary Actuarial Risk Management, a actuarial consulting firm, has addedTerrence Cummingsas...
Alera Group Acquires New York-Based International Broker Foa & Son January 19, 2022 Alera Group reports it has acquired Foa & Son, an international insurance broker based in New York City. Terms were...
Multi-Family Property Insurtech Honeycomb Raises $15.4 Million, Plans Expansion January 19, 2022 Digital insurance provider Honeycomb announced it has raised $15.4 million in a Series A funding and plans to expand into...
Loss Experience Drives Prices During January Reinsurance Renewals: Fitch January 19, 2022 Loss-affected lines of business, such as property catastrophe in Europe, cyber or retrocession, continued to see significant price increases during...
Judge Nixes Former Employees’ Suit Against Marsh & McLennan Over 2021 Data Breach January 19, 2022 By Andrew G. Simpson A federal judge in New York has dismissed a potential class action against Marsh & McLennan by two former employees...
Kentucky Transportation Cabinet to Hold Meeting on Safety of Flood-Damaged Dam January 19, 2022 Ten months ago, historic flooding in eastern Kentucky displaced dozens of people and damaged homes and businesses all along the...