Insurance News from May 27, 2016
National News
NOAA’s 2016 Atlantic Hurricane Season Forecast: 45% Chance of Near-Normal; 30% Above Normal
Forecasters at NOAA's Climate Prediction Center say the 2016 Atlantic hurricane season,...
International & Reinsurance News
Credit Suisse Sells Operational Risk Bonds, Insuring Rogue Trading, Cyber Crime
Credit Suisse Group AG sold 220 million Swiss francs ($222 million) of bonds designed...
Hackers Target SE Asian Banks, Revealing Campaign Against SWIFT Network
Travelers & Novae Join Lloyd’s Construction Consortium; Capacity Rises to $320M
AXA Sells SunLife, Names Top Team Including Harlin as CFO, Olivier to Lead P/C
Towergate Launches Specialty London Markets U/W Division; 2 DUAL Execs Hired
East News
USAA to Close Wealth Management Office in Philadelphia
The United Services Automobile Association (USAA) will close a wealth management office...
West News
RIC Taps Kaneko and Clansen in California
RIC Insurance General Agency Inc. has named Garett Kaneko senior vice president of...
Southeast News
Judge: Plaintiffs in University of Tennessee Discrimination Suit Owed $460K in Fees
A federal judge has recommended that former Tennessee associate director of sports...
Texas / South Central News
Texas’ Coastal Wind Insurer Expects $4.9B in Funds for 2016 Hurricane Season
While its reinsurance plans for the 2016 hurricane season haven't yet been nailed down,...
Midwest News
North Dakota Governor: Oil Industry ‘Solid’
North Dakota Gov. Jack Dalrymple told industry and government officials on May 25 that...