Munich Re, Hannover Re Expect Rising Prices After Floods in Germany October 18, 2021 German reinsurance companies Munich Re and Hannover Rueck said on Monday they expect rising prices for their business in Europe...
Canary Islands’ Volcanic Eruption Reminds Insurers of Challenges of Non-Modeled Perils October 18, 2021 The ongoing eruption of the Cumbre Vieja volcano, located on the La Palma Island in the Canary Islands archipelago of...
China Urges Development of Accident Insurance, Pension Products for Gig Workers October 18, 2021 China’s top banking and insurance regulator said it would encourage insurers to accelerate the development of commercial pension products and...
Florida Law Officers Want Change to Workers’ Comp PTSD Law October 18, 2021 Three years after first responders in Florida won a hard-fought victory to make mental stress a compensable condition, officers now...
People Moves: LP Adds DeHart, Pino and Warner in Nevada; Powers-Leavitt Names Woodruff Managing Partner October 18, 2021 LP Insurance Services LLC added Deanna DeHart, Courtney Pino and Bryce Warner to the Reno, Nev., employee benefits insurance team....
‘Lost’ Rolex Watch Turns Up at Washington Jeweler, Owner Faces Fraud Charge October 18, 2021 Christopher Michalke, of Seattle, Wash., was charged in King County Superior Court with one felony count of filing a false...
People & Places October 18, 2021 National American International Group Inc. announced that Sabra Purtill has been named executive vice president and chief risk officer. Based...
U.S. Property Insurers Could be Facing $12.5B in Hidden Cyber Losses October 18, 2021 The U.S. property insurance market is accumulating cyber exposures that could result in $12.5 billion in non-physical damage losses and...
Washington Judge Shoots Down Insurance October 18, 2021 Commissioner’s Credit Scoring Ban A judge in Washington in mid-October ruled in favor of the insurance industry’s argument against Washington...
Michigan Expects New Flood Insurance Rating System Will Lower Premiums; Coastal States Disagree October 18, 2021 While lawmakers from various coastal states are decrying the new flood insurance rating system rolled out by FEMA and the...