Lloyd’s Receives ‘AA-‘ from Its New Rating Agency KBRA April 23, 2021 Kroll Bond Rating Agency (KBRA) has assigned an “AA-” insurance financial strength rating (IFSR) to Lloyd’s with a stable outlook....
Alera Group Acquires New York’s The Waterford Group April 23, 2021 Alera Group, a financial services and risk management company, has acquired The Waterford Group, a Rochester, New York-based retirement plan...
Worker Dies in Accident at Submarine Building Facility in Rhode Island April 23, 2021 An employee at Electric Boat’s facility in Rhode Island has died from injuries suffered in a workplace accident, the company...
Up to 40% of Losses from Frost Damage at French Vineyards Are Uninsured April 23, 2021 PARIS – Frost damage to French vineyards this month could reduce wine production by nearly a third compared with recent...
AM Best Revises Outlooks to Positive for Convex Group’s Subsidiaries April 23, 2021 AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of A- (Excellent) and...
‘Suspicious’ Apartment Fire in New York Displaces More Than 20 Residents April 23, 2021 Fires at an apartment complex displaced more than 20 people on Sunday night, with authorities saying the blaze was suspicious...
Suit Pitting Insurers Against Washington Commissioner Getting Heard April 22, 2021 A case pitting several insurer groups against Washington Insurance Commissioner Mike Kreidler is set to be heard on Friday morning....
Insurance Technology: Bold Penguin and Thimble, Vertafore and Nationwide, eMaxx April 22, 2021 Catching up with insurance technology developments involving Thimble and Bold Penguin, Vertafore and Nationwide, and eMaxx …. Insurtech Bold Penguin...
Climate Change Could Cut Global GDP by 18% by 2050 – If Nothing Is Done: Swiss Re April 22, 2021 If nothing is done to combat climate change, global temperatures could rise by 3.2°C within the next 30 years, shrinking...
Mental Health Drug Prescriptions on the Rise April 22, 2021 The number of Americans taking mental health prescription medication is up 6.4% in the last year, which means that 65...