Taiwan Regulator Rejects CTBC Takeover Attempt of Shin Kong September 17, 2024 Taiwan’s financial regulator rejected on Monday a takeover attempt by financial conglomerate CTBC of rival Shin Kong saying its plans...
Personal Lines Turnaround Fuels US P/C Industry Underwriting Gain September 17, 2024 A turnaround in the personal lines insurance segment results was a key driver of an overall $3.8 billion profit from...
Flooding in Central Europe Could Cause Billions in Economic Losses, Analysts Say September 17, 2024 The latest flooding in central Europe could cause economic losses ranging from several hundred million euros to billions, early estimates...
Two Former New York Fire Chiefs Face Bribery Charges Tied to Safety Inspections September 17, 2024 Two former chiefs of the New York City Fire Department (FDNY) have been charged with bribery and corruption for allegedly...
Civil Trial Begins Into Sexual Abuse Claims by Ex-Patients at Virginia Children’s Hospital September 17, 2024 Testimony has begun in a civil trial against a Virginia hospital that treats vulnerable children, its owner and its former...
People Moves: Aspire in California Names Rea Chief Technology Officer September 17, 2024 Aspire General Insurance hired Sam Rea as its chief technology officer. Rea has more than 20 years of experience leading...
California Commissioner Issuing Moratorium on Cancellations for Wildfire Victims September 16, 2024 California Insurance Commissioner Ricardo Lara has identified areas in the vicinity of the several ongoing large wildfires in the state...
Hurricane Francine Insured Losses to Be Manageable With New Orleans Miss September 16, 2024 Losses from Hurricane Francine are expected to be manageable for property/casualty insurers, with major population centers sparred from the worst...
McGowan Owner Jackson Takes Reins as Big ‘I’ Chairman September 16, 2024 Todd Jackson, owner and partner of McGowan Insurance Group, has been named chairman of the Independent Insurance Agents & Brokers...
Reinsurance Outlook to ‘Neutral’; US to Push for Double-Digit Casualty Increases September 16, 2024 Fitch Ratings said reinsurers are likely to push for double-digit U.S. casualty rate increases during January renewals to keep up...