Howden Re and TigerRisk to Create Largest Global MGA September 6, 2022 Howden Re and TigerRisk Partners have announced the creation of a new group, Howden Tiger SabRE, comprising the existing global...
U.S. P/C Records $6.3 Billion First-Half Underwriting Loss: AM Best September 6, 2022 Growth in net premiums and a decline in policyholder dividends were eclipsed by losses and expenses to result in a...
Emergency Declared After Flooding in Northwest Georgia September 6, 2022 Thunderstorms and heavy rain pounded parts of northwest Georgia over the Labor Day weekend, sparking flash flooding in some areas....
Cyber MGA Coalition Launches in UK Insurance Market September 6, 2022 Coalition, the San Francisco-based cyber managing general agent, began trading in the UK, effective Sept. 1, and has opened a...
Global Reinsurers’ Capital Levels Drop by 11% During H1, Hit by Declines in Markets September 6, 2022 Global reinsurers’ capital levels dropped by 11% in the first half of 2022 to $647 billion, hurt by market declines,...
People Moves: Turek Joins Kansas Insurance Department; Insurance Office of America Announces New Chicago Team September 6, 2022 Commissioner Vicki Schmidt names new Director of Government and Public Affairs Kansas Insurance Commissioner Vicki Schmidt has named Eric Turek...
Technology Helps Seniors Stay at Home Longer September 5, 2022 Eighty-five year old Sam’s family and friends feared this was it. Sam, who lives alone, had fallen again and this...
Reinsurance Capital to Drop $40 Billion at Year-End 2022: AM Best September 5, 2022 AM Best estimates that traditional reinsurance capital will drop by roughly $40 billion to $435 billion at year-end 2022, after...
Business Moves September 5, 2022 National Applied Systems, Tarmika Applied Systems acquired Tarmika, a commercial lines rating solution that streamlines small business insurance. Tarmika will...
Record-Breaking Pace for U.S. Product Recalls, Says Sedgwick September 5, 2022 The number of U.S. products recalled this year has already surpassed 1 billion, according to the U.S. product recall index...