World’s 1st Catastrophe Bond for Volcanic Eruptions Aims to Improve Disaster Relief March 23, 2021 The Danish Red Cross is offering the world’s first catastrophe bond for volcanic eruptions, which is designed to improve the...
Derwart Named Deputy Commissioner of the Maryland Insurance Administration March 23, 2021 Maryland Insurance Commissioner Kathleen A. Birrane has named Gregory M. Derwart as deputy commissioner of the Maryland Insurance Administration. Since...
The Hartford Rejects Chubb’s $23 Billion Buyout Offer March 23, 2021 The Hartford today announced that its board of directors has unanimously rejected rival insurer Chubb’s unsolicited proposal to acquire The...
Insurer Tokio Marine Expects No Material Impact on 2021 Results from Greensill Collapse March 23, 2021 TOKYO – Japanese insurer Tokio Marine Holdings Inc said on Tuesday it currently expects no material impact on its results...
Midwest People Moves: Kapnick, J.M. Wilson March 23, 2021 McLelland Joins Kapnick as Senior VP, Construction Practice Leader Kapnick Insurance Group in Troy, Michigan, has hired Jason McLelland as...
California County Adding Artificial Intelligence for Wildfires March 23, 2021 Sonoma County officials say they will add artificial intelligence technology to help fight wildfires with a 24-7 monitor to track...
North Carolina Insurers Request Increases on Mobile Home Policy Rates March 23, 2021 The North Carolina Rate Bureau has filed a request with the North Carolina Department of Insurance to increase insurance rates...
Belisle Joins McGriff’s Executive Risk Advisors Group March 23, 2021 Atlanta-based McGriff has hired Andrew Belisle as a senior vice president and transactional risk specialist in the firm’s Executive Risk...
Allianz Partners Adds Epidemic Coverage to Travel Insurance Products March 23, 2021 Allianz Partners, a travel insurance and assistance company, has added enhancements to its travel insurance products that may provide coverage...
South Carolina Gov. Appoints State’s First Chief Resilience Officer March 23, 2021 South Carolina Gov. Henry McMaster has named a longtime government employee already working on the state’s flooding recovery efforts as...