56% of Insurance Companies Plan to Hire Within the Year: Jacobson September 6, 2021 In the next 12 months, 56% of insurance companies plan to increase staff while 37% plan to maintain their current...
Business Moves September 6, 2021 National Arthur J. Gallagher, Willis Re Arthur J. Gallagher & Co. has agreed to acquire the treaty reinsurance brokerage operations...
AM Best Assigns ‘Excellent’ Ratings to Insurtech Next Insurance September 3, 2021 AM Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of “a-” (Excellent)...
People Moves: AXA XL’s Coletti Heads Swiss Re’s New Cyber U/W Team; Zurich Promotes Mantero to Chief Strategy Officer; Everest Names Citigroup’s Modin Pres., Mt. Logan Re September 3, 2021 This edition of International People Moves covers appointments at Swiss Re, Zurich Insurance and Everest Re Group subsidiary, Mt. Logan...
USDA: New Insurance Option Available to ‘Conservation-Minded’ Corn Farmers September 3, 2021 Conservation-minded corn farmers who “split apply” nitrogen will soon have another option for insurance coverage, the U.S. Department of Agriculture...
Michigan Dairy Processor Sued for Disability Discrimination September 3, 2021 Federal employment officials charged a dairy processor for allegedly firing an employee rather than accommodate her disability at a Michigan...
Ohio Steel Mill Faces $222.4K in OSHA Penalties for Amputation Hazards September 3, 2021 An automotive steel manufacturer in Ohio faces more than $222,000 in proposed penalties for continuing to expose workers to amputations,...
Arizona High Court Rejects Major Part of Suit Against CVS September 3, 2021 An Arizona Supreme Court ruling rejects a major part of a Tucson hospital’s lawsuit accusing a pharmacy chain of negligence...
Enstar Completes Purchase of Controlling Interest in Enhanzed Re From Hillhouse September 3, 2021 A unit of global insurer Enstar Group Limited has completed the repurchase of the entire 27.7% interest in Enhanzed Reinsurance...
AIR Worldwide Estimates Insured Losses for Hurricane Ida Could Be Up to $25 Billion September 3, 2021 Insurance industry insured losses to onshore property resulting from Hurricane Ida’s winds and storm surge will range from $17 billion...