Ocean Re Buys UK-Based Oceva Risk Solutions August 17, 2022 Ocean International Reinsurance Co. Ltd. (Ocean Re), a Barbados-based reinsurer, announced it has acquired Oceva Risk Solutions Ltd., a London...
Munich Re Keeps No. 1 Spot in Ranking of 50 Global Reinsurers, With Swiss Re at No. 2 August 17, 2022 Munich Re for the second-straight year holds the top spot in AM Best’s annual ranking of the Top 50 Global...
NAIC Passes Pet Insurance Model Act August 17, 2022 The National Association of Insurance Commissioners (NAIC) has passed a Pet Insurance Model Act to establish appropriate regulatory standards for...
OSHA Charges Alabama Plastics Company With Willful Violations After Worker’s Death August 17, 2022 An Alabama company has been charged with willfully violating federal safety rules in the death of a worker who was...
Eastern Oregon Historic Flour Mill Destroyed in Fire August 17, 2022 A historic flour mill in northeast Oregon was destroyed in a fire. According to the Pendleton Police Department, the fire...
Kentucky Governor Plans to Call Special Session on Flood Relief August 17, 2022 Kentucky Gov. Andy Beshear said Monday he hopes to call a special session of the state legislature in the next...
Carolina Panthers Owner Proposes $82M to Creditors Over Failed Practice Facility August 17, 2022 Carolina Panthers owner David Tepper’s real estate company has proposed to pay more than $82 million to creditors over an...
Bankruptcy Judge Clears Way for Defamation Case in Connecticut Against Alex Jones August 17, 2022 A federal bankruptcy judge on Monday cleared the way for a defamation lawsuit in Connecticut to proceed against Infowars host...
Beazley’s Smart Tracker Syndicate 5623 Gets Lloyd’s ‘In Principle’ Approval August 17, 2022 Beazley has been granted “in principle” approval from Lloyd’s to transition its Smart Tracker Special Purpose Arrangement (SPA) 5623 to...
Run-off Specialist Premia Completes Loss Portfolio Transfer With Hiscox August 17, 2022 Premia Holdings Ltd., the Bermuda-based run-off specialist, announced that Premia Syndicate 1884 has entered into a loss portfolio transfer agreement...