Autonomous ships could offer significant growth potential for the London market, according to the findings of a survey conducted by the International Underwriting Association (IUA). Indeed, 25 percent of IUA members who responded to the survey stated they are considering …
Red tide is expected to linger along Florida’s Atlantic and Gulf coasts at moderate levels at least through early this week. Most South Florida beaches were open Friday with warnings posted about the toxic algae. The National Oceanic and Atmospheric …
A New Jersey court is allowing most of the state’s lawsuit against the maker of OxyContin to move forward. Superior Court Judge Thomas Moore dismissed a public nuisance claim against Purdue Pharma. But he’s allowing other the state’s case to …
AXA becomes the “official global insurance partner” for Liverpool Football Club, which is part of the English Premier League. In addition to providing excellent global brand visibility and raising AXA’s profile among sports fans around the world, the multi-year partnership …
Markel International, the London-based specialist insurer and reinsurer, announced that its Mumbai office is now open and actively writing business. Markel said it provides specialist facultative reinsurance to local Indian insurers, in a broad range of commercial classes including marine, …
Chubb has appointed Mary Parsons, executive vice president, Sales and Distribution leader, for its North America Personal Risk Services (PRS) division. In this role, Parsons will be responsible for achieving profitable growth targets across all regions in the United States, …
KOVRR, a provider of predictive modeling for cyber insurance, announced a silent and affirmative cyber risk product. The new product enables insurance and reinsurance carriers to identify uncalculated capital at risk and quantify policy clauses that may leave them liable …
President Donald Trump has approved a disaster declaration for upstate New York counties hit by severe flash flooding in August. The declaration signed Monday by the Republican will allow the counties to apply for federal financial assistance to cover the …
RVI Group, a Stamford, Conn.-based provider of residual value insurance, has appointed Wei Fan to lead its Passenger Vehicle Insurance and Analytics businesses. Under Fan’s leadership, the Passenger Vehicle Insurance and Quantitative Analysis teams, which partner closely on business development …
Connecticut officials have received official assurances that CVS Health Corp. will keep Aetna Inc. in Hartford for at least the next decade. The pledge is included in a commitment letter CVS delivered Wednesday to the Connecticut Insurance Department. CVS had …
