Captives Remain Profitable, Continue to Outperform Commercial Insurers, Reports A.M. Best August 5, 2019 U.S. captive insurance companies rated by A.M. Best continued their run of strong financial results in 2018, as well as...
Rate Inadequacy Increases for Texas Windstorm Insurer August 5, 2019 In advance of its Aug. 6 board of directors meeting in Galveston, the insurer of last resort for wind and...
Insured Loss from Barry Not Likely to Be More Than $500M: RMS August 5, 2019 Insured losses from Hurricane Barry probably won’t rise above $500 million, global risk modeling and analytics firm, RMS, says. The...
Texas Sues Aliera Healthcare Over Non-Licensed Insurance Sales August 5, 2019 A lawsuit has been filed by the State of Texas seeking to stop Georgia-based Aliera Healthcare from selling health insurance...
Fewer Injured Workers Receiving Opioids Under Workers’ Compensation But States Vary August 2, 2019 Fewer injured workers are receiving opioids to treat pain than in previous years, as medical providers are turning more to...
Risk Strategies Acquires New York City’s Reiff & Associates August 2, 2019 Risk Strategies, a privately held, national insurance brokerage and risk management firm, has acquired Reiff & Associates, a full service...
Nearly Seven Years After Storm, New Life for Sandy Damages Claim in New Jersey August 2, 2019 A claim for damages from Superstorm Sandy that has been rejected several times by the state of New Jersey got...
Arthur J. Gallagher Acquires Fullerton Health Corporate Services in Australia August 2, 2019 Arthur J. Gallagher & Co. announced that its risk management services subsidiary, Gallagher Bassett Services Inc., has acquired Fullerton Health...
Chubb Promotes Ortega to President, Overseas, as Andrade Moves to Top Everest Role August 1, 2019 Chubb Ltd. has appointed Juan Luis Ortega as executive vice president, Chubb Group, and president, Overseas General Insurance. He succeeds...
Lloyd’s Selects 11 Insurtechs to Support Its Future-at-Lloyd’s Project August 1, 2019 Lloyd’s welcomed 11 new teams of insurtech disruptors to join the re/insurance market’s innovation accelerator. More than 130 applications were...