Peak Re Granted License to Open Reinsurance Branch in India April 4, 2025 Peak Reinsurance Co. Ltd., a Hong Kong-based global reinsurer, announced it was granted a reinsurance branch license in India. Peak...
People Moves: The Hanover Creates COO Position, Names Lavey to the Job April 4, 2025 The Hanover, based in Worcester, Massachusetts, named Dick Lavey to the newly created role of chief operating officer, the property-casualty...
Markets/Coverages: Travelers Adds Enhanced Services for Cyber Liability; Willis AdWrap for Marketing and Ad Production April 4, 2025 The Travelers Companies launched Travelers Cyber Risk Services, a suite of capabilities added to all cyber liability policies designed to...
SCOR Placed Under Court Examination for Allegations Against Former Chair Kessler April 4, 2025 French reinsurance company SCOR said on Friday it has been placed under examination by a Paris court for facts alleged...
Risk Digitization Top Tech Priority for US Insurers April 4, 2025 Risk digitization was cited as the primary technology priority for revenue growth in a recent study from insurtech Cytora. Cytora...
People Moves: Bayern Joins Alliant Insurance Services as SVP in Denver April 4, 2025 Justin Bayern joined Alliant Insurance Services as senior vice president within its Alliant Americas division. Based in Denver, Colorado, Bayern...
Washington Insurance Restitution Bill Dies in House Committee April 4, 2025 A bill that would have given Washington’s insurance commissioner the power to order restitution to harmed policyholders failed to pass...
California Delivery Company Must Repay $2M for Workers’ Comp Scheme April 4, 2025 A Los Angeles, California, couple was sentenced after an investigation reportedly found they underreported more than $21 million in employee...
People Moves: World Insurance Associates Promotes Scheuer to Division Revenue Leader for Great Lakes Region April 4, 2025 Katie Scheuer has been promoted to the newly created position of Division Revenue Leader for the Great Lakes Region at...
Deadly Storms Bring Flooding and Destruction to Central US April 3, 2025 Deadly storms and flooding rains left a path of destruction across 14 states in the US South and Midwest, knocking...