Markets/Coverages: MGA Aqueous Secures Capacity Deal With Allied World and Sompo November 22, 2024 Aqueous Underwriting, the London-based MGA, has secured major new capacity in a three-year deal with A+ rated insurers Allied World...
People Moves: Markel Taps AEGIS London’s Pressman as Senior U/W, Marine Cargo; GC&C Names Chubb’s Selff as Head of Underwriting Asia November 22, 2024 This edition of International People Moves details appointments at Markel and Generali Global Corporate & Commercial. A summary of these...
North Dakota Commissioner Godfread to Serve as NAIC President November 22, 2024 North Dakota Insurance Commissioner Jon Godfread will serve as the president of the National Association of Insurance Commissioners (NAIC) for...
World Insurance Acquires North Dakota’s F1 Insurance November 22, 2024 World Insurance Associates LLC announced that it acquired the business of First International Insurance (“FI Insurance”) -a division of First...
Florida Regulators Demand Data From Weiss Ratings After Recent Reports on Insurers November 22, 2024 Weiss Ratings, a Palm Beach Gardens financial ratings firm, sparked some outrage from the Florida insurance industry in recent weeks...
NAIC Elects New Officers for 2025 November 22, 2024 At the conclusion of its fall national meeting in Denver, the National Association of Insurance Commissioners elected new officers for...
CIAB: All Commercial Lines See Lower Q3 Premium Increases Except Umbrella November 22, 2024 Respondents of a recent survey reported lower premium increases for all lines of business except umbrella during the third quarter....
Commercial Lines Profit Growth: Execution Matters More Than Portfolio Mix November 22, 2024 It is “how” commercial lines carriers execute their underwriting strategies, not “what” lines they write that is key to profitable...
New Jersey Bakery Fined $385K After OSHA Says Workers Still Exposed to Hazards November 22, 2024 A New Jersey commercial baker in Paterson faces $385,221 in federal penalties after a U.S. Department of Labor investigation found...
NFP Acquires AnchorGroup in Upstate New York November 22, 2024 Global insurance broker NFP announced it has acquired certain assets of EBA Services LLC, which does business as AnchorGroup, an...