People Moves: Aon Taps Thomas From Lloyd’s as Head of Lloyd’s Capital; McLarens Names 2 Leadership Appointments in Latin America July 16, 2024 This edition of International People Moves details appointments at the broker Aon and claims services provider McLarens. A summary of...
Viewpoint: FEMA Flood Rule Will Lead to Safer Rebuilding Post-Disaster July 16, 2024 By Joel Scata FEMA issued a new rule that will increase the nation’s resilience to future flood disasters. The rule is amongst the...
Markets/Coverage: Lemonade Expands Home Insurance Offering in UK July 16, 2024 Lemonade, the New York-based insurtech, announced the launch of buildings and contents insurance in the United Kingdom in partnership with...
Occupational Healthcare Firm Concentra Eyes $3.3 Billion Valuation in IPO July 16, 2024 Concentra Group, a Select Medical unit, is eyeing a valuation of $3.30 billion in its U.S. initial public offering, joining...
Hurricane Beryl Caused $2.5-$4.5B in Estimated Insured Losses, Says Moody’s July 16, 2024 By Ezra Amacher U.S. insured losses from Hurricane Beryl will likely fall between $2.5 billion to $4.5 billion, according to estimates by Moody’s...
Catastrophe Bondholders Sidestep Large Losses From Weather-Related Calamities July 16, 2024 By Gautam Naik Last month, amid reports that Hurricane Beryl would become the earliest Category 5 hurricane in history, a group of money...
Hawaiian Residents Return Home After Crews Contain Wind-Swept Wildfire July 16, 2024 Firefighters have contained a wind-swept wildfire that was threatening about 200 homes on the Hawaiian island of Kauai, authorities said...
Buffett’s Berkshire Hathaway Sets, Closes at Record High July 16, 2024 By Jonathan Stempel Berkshire Hathaway’s share price set a record high on Monday, reflecting investors’ confidence in Warren Buffett’s company, which is often...
Amazon Must Comply With EEOC’s Pregnancy Bias Probe, Judge Rules July 16, 2024 By Daniel Wiessner A New York federal judge has ordered Amazon.com to comply with a subpoena from a U.S. civil rights agency investigating...
TWIA Actuarial Committee Recommends 10% Rate Increase for 2025 Policies July 16, 2024 The Texas Windstorm Insurance Association Actuarial & Underwriting Committee voted on Monday, July 15 to recommend that the TWIA Board...