ISO Grows Fire Hydrant Database by 700K July 18, 2018 ISO said it has enhanced its Public Protection Classification (PPC) program with the inclusion of location data for an additional...
MGAs Working with Insurtech Firms to Bolster Customer Centricity: Survey July 18, 2018 Managing general agents (MGAs) are increasingly interested in working with insurtech firms to enable their businesses to become more customer-centric,...
MGM Files Suit to Limit Liability for Las Vegas Shooting July 18, 2018 MGM Resorts International sued the victims of a Las Vegas music festival mass shooting in an effort to block any...
Loss Estimate for Europe’s Storm Friederike (aka DAVID) Rises to €1.7B ($2.0B): PERILS July 17, 2018 The third insured loss estimate for extratropical Cyclone Friederike, also known as “David,” has risen to €1.675 billion ($2.0 billion),...
RMS Strengthens Asia-Pacific Capabilities in Version 18 of Modeling Software July 17, 2018 RMS, the Newark, Calif.-based risk modeling and analytics firm, announced it has strengthened the Asia Pacific capabilities of its Version...
Business Council Touts Workers’ Comp Savings in New York July 17, 2018 The Business Council of New York State Inc. has touted the newly approved 11.7 percent reduction in loss cost rates,...
Chubb Hires Everest’s Watt to Lead North America Claims July 17, 2018 Chubb has appointed Megan Watt, as executive vice president, head of North America Claims. In this role, she will lead...
KBW Hires Sarkar to Its Insurance Investment Banking Group in New York July 17, 2018 Keefe, Bruyette & Woods Inc. (KBW), a full-service, boutique investment bank and broker-dealer that specializes in the financial services sector...
Connecticut’s CMIC Hires Cronin as Director of Underwriting July 17, 2018 CMIC, a Glastonbury, Conn.-based, member-owned medical professional liability insurance company, has hired Garrett P. Cronin to the CMIC Group team...
Travelers: Use Current Auto Insurance Model for Autonomous Future July 17, 2018 Auto insurance should continue to be the primary compensation model for accident victims as the driving population transitions to and...