Arch Capital Estimates Q3 Catastrophe Losses Could Hit $560 Million October 19, 2022 Arch Capital Group Ltd., the Bermuda-based re/insurer, reports that its 2022 third quarter results will be negatively affected by claims...
Hurricane Fiona Breaks New Records in Atlantic Canada With Insured Damage of C$660M October 19, 2022 Hurricane Fiona is estimated to have caused C$660 million (US$436.8 million) in insured damage, according to the Insurance Bureau of...
Nine Injured in Connecticut When Train Hits Tractor-Trailer Stopped in Crossing October 19, 2022 A commuter train hit a tractor-trailer Monday whose operator had driven to a rail crossing after leaving the scene of...
People Moves: Lockton Re Taps CyberCube’s Brew for London Cyber Practice; Howden Hires Tysers Godfrey for Equine Division; Carpenter’s Delegated Authority Unit Hires 3 October 19, 2022 This edition of International People Moves details appointments at three brokers: Lockton Re’s Cyber Practice, Howden’s Equine division and Guy...
Australian Insurer Medibank Says Hackers Claim to Have Stolen Customer Data October 19, 2022 Australia’s Medibank Private Ltd. said on Wednesday an unnamed hacker group had contacted it negotiate about customer data it claimed...
PIA, AIMS Society to Consolidate October 19, 2022 The National Association of Professional Insurance Agents (PIA) and the American Insurance Marketing and Sales Society (AIMS Society) have announced...
People Moves: New QBE Marine Hires; Hirschorn Joins Lockton as U.S. Cyber Claims Lead October 19, 2022 QBE Appoints New Marine VPs QBE International Markets is increasing its presence in the US marine insurance space and has...
Washington Chemical Processor Fined Nearly $200K for 60-Plus Safety Violations October 19, 2022 A manufacturing company that works with dangerous chemicals in Moses Lake, Washington, faces $192,620 in fines for 46 serious and...
Agents Want End to California Auto Insurance Rate Moratorium October 18, 2022 An insurance agent group in California is opining on the impact of California Insurance Commissioner Lara’s recent auto insurance rate...
Evacuation Area Shrank Near Southwest Washington Fire October 18, 2022 Some roads reopened and evacuation zones shrank near a wildfire fed by gusty winds and low humidity east of Vancouver,...