German Port Workers Strike Could Cost $6 Billion in Lost Trade: Russell Group Analysis June 19, 2024 Port strikes at five key five German ports may cost $6 billion (£4.71 billion) in lost trade according to analysis...
People Moves: Canopius Taps AXA XL’s Houghton as Product Leader, Specialty; Swiss Re Promotes Camara to Head of P/C Re in Northern, Central, Eastern Europe June 19, 2024 This edition of International People Moves details appointments at Canopius and Swiss Re. A summary of these new hires follows...
Take Cover: Lightning Caused $1.2B in Homeowners Claims in 2023, Says Triple-I June 19, 2024 Damage to U.S. homes due to lightning resulted in $1.2 billion in homeowners insurance claims in 2023, up 30% from...
AM Best Revises Outlooks to Stable for Philadelphia Contributionship Group June 19, 2024 AM Best reports it has has revised the outlooks to stable from negative and affirmed the Financial Strength Rating of...
California Labor Commissioner Cites Amazon $6M for Violating Warehouse Quotas Law June 19, 2024 Amazon failed to meet requirements of California’s Warehouse Quotas law at warehouses in Riverside and San Bernardino Counties, according to...
Iowa Nurse Charged With Insurance Fraud June 18, 2024 An Iowa woman was charged with one count of Insurance Fraud – Presenting False Information (Class D Felony), following an...
La Nina Weather 65% Likely to Develop in July-Sept: National Weather Service June 18, 2024 There is a 65% chance of the La Nina weather pattern, characterized by cold temperatures in the Pacific Ocean, developing...
AM Best Downgrades Credit Rating of Louisiana Farm Bureau Mutual June 18, 2024 AM Best announced it has downgraded the Financial Strength Rating to B++ (Good) from A- (Excellent) and the Long-Term Issuer...
Houston Leaders Approve $1B Bond Deal to Cover Back Pay for Firefighters June 18, 2024 HOUSTON (AP) — Houston leaders have agreed to a bond deal that could cost the city’s taxpayers more than $1...
Wintermute Moves From WTW to Alliant, Now VP for Benefits Group June 18, 2024 Alliant Insurance Services, known as one of the larger U.S. insurance distribution companies, has named Kevin Wintermute executive vice president...