Moody’s RMS, CoreLogic Add to Modelers’ Take on Milton Insured Losses October 18, 2024 By Chad Hemenway Moody’s RMS has pegged private insured losses from Hurricane Milton to between $22 billion and $36 billion, with a best...
Colorado Mine Elevator Door Was ‘Broken’ in Accident That Killed 1, Trapped 12 October 17, 2024 By Matthew Brown, Amy Beth Hanson, Mead Gruver and Jesse Bedayn Investigators are trying to figure out what led to an elevator accident inside a former Colorado gold mine that killed...
People Moves: Tokio Marine HCC Appoints Perez to Launch US Excess Casualty Business October 17, 2024 Tokio Marine HCC (TMHCC), based in Houston, Texas, has announced the expansion of its specialty product offering with its entry...
Pennsylvania’s Enders Insurance Joins Unison Risk Advisors October 17, 2024 Unison Risk Advisors (URA) has acquired Enders Insurance, a family-run property/casualty insurance agency based in Harrisburg, Pennsylvania. Enders has more...
Oil Field Service Companies Face Lawsuit for Alleged Sexual and Racial Harassment October 17, 2024 Oil field service companies Bigfoot Energy Services and Iron Mountain Energy Services, operating as a single employer, violated federal law...
Allstate Reports $1.7B in Q3 Pretax Catastrophe Losses, $630M From Helene October 17, 2024 Allstate Corp. doesn’t announce third quarter earnings until Halloween but today it released some scary September pretax catastrophe losses. In...
Florida Man Dies From Smoke After Golf Cart Battery Fire in Milton Flooding October 17, 2024 The death toll from Hurricane Milton has risen to at least 25, including an elderly man who died from smoke...
Marsh McLennan Reports 6% Increase in Q3 Revenue October 17, 2024 By L.S. Howard Insurance broker Marsh McLennan reported a 6% increase in third quarter consolidated revenue to $5.7 billion, while revenue increased 5%...
Family of Tenn. Man Who Died in Plastics Plant Flooding Files Wrongful Death Suit October 17, 2024 By Kimberlee Kruesi NASHVILLE, Tenn. (AP) — The family of a Tennessee employee who was killed by catastrophic flooding caused by Hurricane Helene...
Travelers Triples Q3 Net Income, Reverses Underwriting Loss October 17, 2024 By Chad Hemenway Travelers on Thursday said third quarter net income was $1.26 billion compared to net income of $454 million during the...