Universal Says it Completed Reinsurance Program With Only a Slight Bump in Cost June 3, 2024 Universal Insurance Holdings, the publicly traded parent of one of Florida’s largest property insurers, said it has completed its reinsurance...
Firefighters Battle California Wildfire With Hot Weather in the Forecast June 3, 2024 Firefighters battling a California wildfire burning east of San Francisco have increased containment on the fire, but hot weather is...
After First Net Loss Since 1923, USAA Back to Profit in 2023 June 3, 2024 By Chad Hemenway USAA on Friday said it recorded net income for 2023 of about $1.2 billion, reversing a 2022 loss—the first for...
5 Killed in Fiery Crash on South Carolina Coastal Road June 3, 2024 ST. HELENA ISLAND, S.C. (AP) — Five people, including a 4-year-old, were killed during a fiery three-vehicle crash near the...
Kansas Storm Claims Total $442 Million for 2023 June 3, 2024 By Insurance Journal Staff Reports Kansas storm claims totaled nearly half a billion dollars in 2023. According to numbers shared by the state’s department of...
Apollo Launches Captive Syndicate at Lloyd’s June 3, 2024 Apollo Syndicate Management Ltd., the Lloyd’s managing agent, announced the launch of the first captive syndicate to be launched under...
Japan Auto Safety Scandal Widens; Toyota Halts Shipments of Some Vehicles June 3, 2024 By Daniel Leussink A safety test scandal at Japanese automakers widened on Monday, with Toyota Motor and Mazda both halting shipments of some...
Canada’s Desjardins Completes Purchase of Insurance Company of Prince Edward Island June 3, 2024 Desjardins Group and The Insurance Company of Prince Edward Island (ICPEI) have confirmed that the transaction announced in March 2024...
Scholz to Visit Southern German Region Battling Severe Flooding June 3, 2024 By Petra Sorge Southern Germany continues to battle flooding from heavy rainfall that’s disrupted transportation and pushed emergency services to their limits. Chancellor...
KKR Weighs Entering Private Credit in Japan to Challenge Banks June 3, 2024 By Taro Fuse KKR & Co. is considering entering the private credit market in Japan to provide an alternative to bank loans. “It...