Insured Price Tag for Canada’s Summer Storms and Wildfires Nears C$200M September 24, 2021 Two storms that raged across Alberta and Saskatchewan in Canada in July and August caused C$120 million (US$94.5 million) in...
$480M Gift From Insurance Leader Ryan, Wife Is Northwestern University’s Largest Ever September 24, 2021 Northwestern University has received the largest gift in its history, $480 million, from Patrick G. Ryan, founder and former long-time...
Flood Modeler JBA Collaborates With South African Broker, Reinsurance Solutions September 24, 2021 JBA Risk Management Ltd. announced its collaboration with Reinsurance Solutions Intermediary Services (RSIS), an African-based reinsurance broker that will use...
People Moves: Insurer Aviva Names Montague, Cummings to Exec Committee; Wood to Launch Captive Operation for Price Forbes Bermuda; Wagstaff Is CEO of LMG September 24, 2021 This edition of International People Moves details appointments at UK insurer Aviva, broker Price Forbes Bermuda and the London Market...
Global Reinsurers Could Be Greatly Underestimating Exposure to Climate Risk: S&P September 24, 2021 Reinsurers’ estimates of their exposure to natural catastrophe risk could be underestimated by 33%-50%, according to a report published by...
Georgia Man Beaten by Police Officers During Traffic Stop Sues for Damages September 24, 2021 A man who was punched and kicked in the head by Georgia police officers during a traffic stop four years...
3 South Dakota Family Members Sentenced for Defrauding Farmers September 23, 2021 Three members of a South Dakota family accused of bilking millions from farmers due to risky speculation in the grain...
Ex-Official Sent to Prison for Stealing $2M From Illinois City September 23, 2021 A man who stole $2 million from Kankakee, Illinois, and a regional wastewater agency was sentenced to nine months in...
Fort Worth Masonry Company Cited Again for Fall Hazards: Fined $216K September 23, 2021 Federal workplace safety officials cited a Fort Worth, Texas-based masonry company for continuing to put its workers at risk for...
People Moves: HDI Global USA Adds Sapia; AAU Hires Dettmann; Malkin Joins Alliant in Chicago September 23, 2021 HDI Global USA Appoints Sapia Director of Liability Underwriting Chicago-based HDI Global Insurance Co. (HDI Global USA) appointed David Sapia...