U.S. Storms, Global Floods, Bushfires Cause Economic Damages of $3B-Plus in January February 11, 2020 U.S. storms, Australian bushfires and hailstorms, and floods in various countries across the globe caused more than $3 billion in...
Insured Property Losses from Australia’s Townsville Floods in 2019 Hit A$1.24B: PERILS February 11, 2020 PERILS, the independent Zurich-based organization that provides industry-wide catastrophe insurance data, has disclosed its fourth and final property loss estimate...
Storm, Floods Cause Damage at Washington’s Mount Rainier National Park February 11, 2020 Mount Rainier National Park was hit by flooding and landslides that closed all roads to the park and damaged roads,...
California Utilities’ Wildfire Prevention Plans Call for More Blackouts February 11, 2020 California utilities plan to continue shutting off power to customers during dry and windy conditions to prevent sparking deadly wildfires,...
California-Based Mercury General Reports 4Q Profit of $31.7M February 11, 2020 Mercury General Corp. on Monday reported fourth-quarter profit of $31.7 million. On a per-share basis, the Los Angeles-based company said...
NFP Buys Canada Political Risk and Trade Credit Broker, Indemnis Trade Risk Mgmt February 11, 2020 NFP, the New York City-based insurance broker and consultant, announced the acquisition of Indemnis Trade Risk Management Ltd. Financial details...
HDI Global Specialty Appoints Kangasniemi as Head of Airline February 11, 2020 HDI Global Specialty SE, the specialty lines insurer, has promoted Frida Kangasniemi to the role of head of Airline. She...
Hub International Buys Quebec-Based Azur Consulting Services February 11, 2020 Hub International Ltd. (Hub), the Chicago-based insurance broker, announced it has acquired the assets of Azur Consulting Services Inc. Terms...
Court Revives Lawsuit Over Runaway Golf Cart Injury in New Jersey February 11, 2020 A state appeals court on Friday revived a lawsuit by a golfer who suffered a serious leg injury when he...
Pennsylvania’s Workpartners Maintains Excellent Rating from A.M. Best February 11, 2020 Workpartners, which is part of UPMC Insurance Services, has retained its financial strength rating of A- (Excellent) with a stable...