Hurricane Dorian Insured Losses in Caribbean from Wind, Storm-Surge Could Hit $6.5B September 10, 2019 Insured losses in the Caribbean from Hurricane Dorian is estimated at $3.5 billion to $6.5 billion, according to RMS, the...
Rhode Island Bike Share Program Put on Hold Amid Safety Concerns September 9, 2019 The introduction of a bike share program in Pawtucket, R.I., has been put on hold. Pawtucket Police Chief Tina Goncalves...
Ransomware Attack Locks Out New Bedford City Data September 9, 2019 A Massachusetts mayor says hackers demanded $5.3 million from his city in a ransomware attack this summer. New Bedford Mayor...
Unlicensed Labor Broker Indicted in New York for $1M Insurance Fraud Scheme September 9, 2019 Unlicensed labor broker Salvador Almonte Jr. and insurance broker Steven Asvazadourian have been indicted in New York for an insurance...
China Regulator Puts Cap on Insurers’ Investments in Shareholders September 9, 2019 China’s banking and insurance regulator put a cap on Monday on how much insurance firms can invest in their shareholders,...
Guy Carpenter Names Priebe as Chairman September 9, 2019 Guy Carpenter & Co., LLC, the global risk and reinsurance specialist and a wholly owned subsidiary of Marsh & McLennan...
Aon Launches Real-Time Loss Forecasting for U.S. Hurricanes, European Windstorms September 9, 2019 Aon plc has launched Automated Event Response (AER), designed to enable insurers to view real-time portfolio risks from two of...
Burns & Wilcox to Offer Wildfire Management Services to Policyholders in the West September 9, 2019 Burns & Wilcox has formed an exclusive partnership with Wildfire Defense Systems, Inc. (WDS) to provide WDS’ full suite of...
Online Tool from Brightway Helps Franchise Owners Recruit Agents September 9, 2019 Brightway Insurance has introduced a new online tool for its franchise owners designed to improve how franchisees recruit agents. The...
Starr Insurance Names Zhou President of China P/C Insurance September 6, 2019 Starr Insurance Cos. has named Dr. Haoming Zhou as general manager and president of Starr China Property and Casualty Insurance...