Global Reinsurers See Promising Green Shoots in 2019 with ‘Hardening’ Pricing: S&P June 5, 2019 Following disappointing reinsurance pricing increases in 2018 and early 2019, it seemed that no amount of catastrophe losses would be...
Norsk Hydro’s Core Profit Plunges 82% After March Cyber Attack, Brazilian Spill June 5, 2019 Aluminum producer Norsk Hydro, the victim of a cyber attack in March that paralyzed its IT systems, posted an 82%...
States with Fee Schedules Have Lower Medical Costs for Injured Workers, WCRI Finds June 4, 2019 Medical treatment for injured workers costs more and prices are growing faster in states that don’t have fee schedules, concludes...
AXA XL Partners with IPRS Health to Offer Employer’s Liability Insurance Solution in UK June 4, 2019 AXA XL Insurance has partnered with IPRS Health to launch an employer’s liability insurance solution, AXA XL HealthAssist, for UK...
Large Shipping Losses in 2018 Drop to Lowest Level this Century but New Risks Emerge June 4, 2019 Large shipping losses declined by more than 50% in 2018 from the previous year – their lowest level this century,...
Churchgoers Fear Armed Intruders June 4, 2019 More than 1 in 10 Americans (12%) say they do not feel safe in their places of worship. Church Mutual...
Millennials More Likely to Buy Flood Insurance Than Baby Boomers June 4, 2019 Millennials — those born between 1981 and 1996— are nearly three times more likely to have purchased flood insurance than...
Alliant Insurance Services Adds Rich to Its Northeast Team June 4, 2019 New York-based property and casualty insurance expert William Rich has joined Alliant as senior vice president. The industry veteran brings...
Florida’s Citizens Joins NICB Disaster Response Services Consortium June 4, 2019 Citizens Property Insurance Corporation, Florida’s insurer of last resort, has joined the Geospatial Intelligence Center (GIC), an insurance industry consortium...
HDI Global Specialty Names Waters as Head of Distribution and Business Development June 4, 2019 HDI Global Specialty SE announced the appointment of Alan Waters as global head of Distribution and Business Development. Waters will...