Oklahoma lawmakers in the House of Representatives recently approved a bill that would provide financial grants to residents to construct or retrofit homes, making them more resilient against the destructive forces of tornadoes, windstorms and hail. House Bill 3089, introduced …
National Novatae Risk Group, Bretton Woods International Dallas-based Novatae Risk Group is acquiring the Lloyd’s broker Bretton Woods International (BWI) of London. The transaction is subject to applicable regulatory approval and is expected to close before the end of the …
The U.S. Equal Employment Opportunity Commission (EEOC) reported heightened enforcement activity, charge activity and settlements in 2023, according to a recently released report on the agency’s performance during fiscal year (FY) 2023, covering October 1, 2022, through September 30, 2023. …
More than 60 elections will be held worldwide in 2024, and the outcomes will likely affect international relationships, drive policy uncertainty and disrupt markets, Marsh Specialty leaders said in a new political risk report. “The outcomes of the elections taking …
Fire chasing may be only the latest example of some public claims adjusters and contractors using aggressive and underhanded tactics to tap into property insurance payouts. In hurricane-prone Florida, a state with more than its share of disasters and public …
Contractors Professional & Pollution Liability Market Detail: Shield Commercial Insurance Services, in business since 2004, offers a full line of commercial and residential contractor insurance coverage. Minimum premium is $1,500 for contractors professional and pollution liability (CPPL) coverage. We have …
AM Best delivered 39 downward credit rating actions to U.S. personal lines insurers in 2023, more than twice the number registered for 2022, the rating agency reported in its official tally for the year. Additional downgrades of 15 commercial insurers …
To aid recovery efforts in San Diego County following the January storms, FEMA, the California Governor’s Office of Emergency Services and local partners continue to work together to bring relief to affected communities. In just three weeks since Gov. Gavin …
Ki, the digital and algorithmically driven Lloyd’s syndicate, announced a partnership with Beazley whereby Ki will offer additional follow capacity from Beazley syndicate 2623/623 through its digital platform from April 2, 2024. Ki said this is another major milestone in …
Miller, the London-based independent specialist re/insurance broker, announced that GIC, Singapore’s sovereign wealth fund, has completed the acquisition of Cinven’s shares in Miller. GIC and private equity firm Cinven acquired Miller in 2021 from Willis Towers Watson. Since then, Miller …
