A.M. Best Weighs Hurricane Harvey’s Financial Hit; Ranks Top 30 Texas Insurers August 25, 2017 With Hurricane Harvey threatening the Texas coastline, A.M. Best said it has begun to assess the potential financial impact this...
Massachusetts Fire Chief Hospitalized After Explosive Blaze Hits Three Homes August 25, 2017 The fire chief in Millbury, Mass., has been hospitalized after flames hit three homes and caused several propane tanks to...
Lawsuit: Pennsylvania Train That Crashed Also Overshot Previous Station August 25, 2017 A man who was among dozens of people injured when a commuter train crashed at a suburban Philadelphia terminal is...
Insured Losses for August 2016’s Italy Quake Revised Upward to $127.4M: PERILS August 25, 2017 The final property insurance market loss estimate for the magnitude 6.0 earthquake that hit Central Italy on Aug. 24, 2016...
AXIS Sweetens Offer for Lloyd’s Specialty Carrier Novae to $611.5M August 25, 2017 AXIS Capital Holdings Ltd. has substantially sweetened its offer for Novae Group plc, a Lloyd’s of London specialty insurer and...
Home Telematics Startup Roost Raises $10.4M from Insurers August 25, 2017 Roost, a developer of home telematics for property insurance carriers, raised $10.4 million from three international insurance industry companies. Aviva...
Risk Managers Prefer Standalone Cyber Policies: RIMS Survey August 25, 2017 According to the 2017 RIMS Cyber Survey, risk professionals’ continued to show preference for standalone cyber insurance policies as the...
Panensky to Lead New Ironshore Computer Emergency Response Team August 25, 2017 Ironshore Inc. has unveiled a Computer Emergency Response Team (CERT) to manage cyber claims across all product lines. CERT-Ironshore is...
Suspect in Florida Auto Theft Arrested After Stopping to Watch Eclipse August 25, 2017 Authorities in Florida say an auto theft suspect who wanted to watch the moon blot out the sun instead has...
Georgia Truck Driver Gets 2 Years in Prison for Crash That Killed 5 August 25, 2017 A Georgia truck driver has been sentenced to prison in a 2015 highway collision that killed five people after the...