AM Best Assigns ‘B++’ (Good) Credit Rating to Bermuda-Based ASR Re Ltd. August 20, 2021 AM Best has assigned a Financial Strength Rating of B++ (Good) and a Long-Term Issuer Credit Rating of “bbb+” (Good)...
Mosaic and DXC Technology Launch Technology Platform for Specialty Insurance August 20, 2021 Mosaic Insurance and DXC Technology announced the launch of an insurance technology platform that increases the speed at which specialty...
People Moves: CSRisks Promotes Sedliak; Pinnacle Adds Linton in Tennessee August 20, 2021 CSRisks Capitol Special Risks, a division of Specialty Program Group, LLC, announced that Amanda Sedliak will succeed Dorothea Westin as...
Fourth Person Charged over Failed South Carolina Nuclear Plant Project August 20, 2021 A fourth business executive faces criminal charges stemming from a federal investigation into a failed multibillion-dollar project to build two...
Kansas City Police to Pay $200K in Settlement With Demonstrator August 20, 2021 A man who suffered a compound fracture to his leg when he was hit by a tear gas canister during...
Early COVID-19 Vaccinations Prevented 140,000 Deaths: Study August 20, 2021 A new study by Indiana University and RAND Corp. assessed the impact of COVID-19 vaccinations and found that 139,393 deaths...
California Commissioner Issues Non-Renewal Moratorium to Aid Policyholders Affected by Wildfires August 19, 2021 California Insurance Commissioner Ricardo Lara on Thursday issued a mandatory one-year moratorium on insurance companies from non-renewing or cancelling residential...
Europe Reinsurers’ H1 Profits Climb on Lower COVID Claims, Hardening Prices: Moody’s August 19, 2021 The four largest European based reinsurers – Munich Re, Swiss Re, Hannover Re and SCOR – reported sharply higher profits...
Alaska School District Agrees to Settle Abuse Lawsuit for $3.8M August 19, 2021 An Alaska school district agreed to pay $3.8 million to two children abused by a former principal who said school...
Judge Tosses Most Claims in Oregon Armed Occupation Death Suit August 19, 2021 A federal judge has tossed most of the civil claims brought in a wrongful death lawsuit by the family of...