Global Natural and Manmade Disasters Cost Insurers US$83B in 2020: Swiss Re December 16, 2020 Insurance industry losses from natural catastrophes and man-made disasters across the globe amounted to US$83 billion in 2020, making it...
Curley Associates Acquires Maine’s Robert L. Haley Agency December 16, 2020 Curley Associates, an insurance agency based in Sanford, Maine, has acquired Robert L. Haley Agency Inc. of Gray, Maine. The...
Directors & Officers Risk Landscape Shaped by Insolvencies, COVID, Activism: Allianz December 16, 2020 While the COVID-19 pandemic presents risks for directors and officers (D&O), it is far from the only force these insureds...
North Carolina Insurers File for 18.7% Increase on Dwelling Policies December 16, 2020 The North Carolina Rate Bureau, which represents all companies writing property insurance in the state, is seeking an 18.7% statewide...
GEICO’s Massaro Joins BTIS Underwriting Team December 16, 2020 Philip Massaro has joined small business intermediary BTIS as vice president of Underwriting. Massaro has 25 years of commercial insurance...
MGA Focused on Professional Liability Starts in California December 15, 2020 ProFinity Insurance Services in Los Angeles, Calif., a specialty MGA, recently opened its doors to wholesale distribution. ProFinity is led...
Oregon Wildfire Hazardous Waste Cleanup Complete December 15, 2020 The Environmental Protection Agency said it has completed the cleanup of household hazardous waste from properties burned in Oregon wildfires....
RMS Says Insured Losses from 2020 Western U.S. Wildfires $7-$13B December 15, 2020 RMS estimates insured losses from the record-breaking western U.S. wildfires this season will be between $7 and $13 billion. These...
Vermont Hospital Cyber Attack Cost Estimated at $1.5M a Day December 15, 2020 A late October cyber attack on the computer systems of the University of Vermont Medical Center is costing the hospital...
Arthur J. Gallagher & Co. Acquires Pennsylvania’s Premier Brokerage Services December 15, 2020 Arthur J. Gallagher & Co. has acquired Jenkintown, Penn.-based Premier Brokerage Services Inc. Terms of the transaction were not disclosed....