Shipping Losses at Record Lows, but COVID-19 Impact Could Threaten Safety: Allianz July 16, 2020 Large shipping losses dropped by 20% last year, in a continuation of decade-long trend when losses declined by almost 70%,...
Swiss Insurers Oppose Tighter Immigration Rules, Says Swiss Re CEO in News Report July 16, 2020 Switzerland’s insurance industry is against tightening the country’s immigration rules, a move that will be put to voters this year,...
High-Tide ‘Nuisance’ Flooding to Continue to Grow and Plague U.S. Communities: NOAA July 16, 2020 Coastal communities in the U.S. continued to see record-setting high-tide flooding last year, forcing their residents and visitors to deal...
Coalition in California Names Weryk Head of Business Development July 16, 2020 San Francisco, Calif.-based Coalition has named Marcin Weryk head of business development. Weryk will support growth by driving the company’s...
Arthur J. Gallagher Acquires Boldt Risk Management Solutions in California July 15, 2020 Arthur J. Gallagher & Co. has acquired Los Angeles, Calif.-based Boldt Risk Management Solutions. Terms of the deal were not...
Washington Commissioner Tells Insurers It’s Time to Ban Credit Scoring July 15, 2020 Washington Insurance Commissioner Mike Kreidler reached out to insurance company CEOs in a letter and urged them to stand behind...
Liberty Specialty Names Rieger Head of Casualty Germany, Succeeding Offenhau July 15, 2020 Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has promoted Rainer Rieger as head of Casualty Germany. Rieger,...
Arch Estimates Q2 Catastrophe Losses Could Hit $225M, Which Include Pandemic Claims July 15, 2020 Arch Capital Group Ltd. has estimated a range of pre-tax catastrophe losses of $205 million to $225 million in the...
AIR Collaborates with Data Firm, Precisely, to Offer Int’l Address-Level Geocoding July 15, 2020 Catastrophe modeling firm AIR Worldwide announced that, as part of its Touchstone 2020 software release, clients now can access a...
California Nursing Home Operator Settling Fraud Claims for $16.7M July 15, 2020 A Los Angeles company that runs 27 nursing homes has agreed to pay $16.7 million to settle allegations of Medicare...