Insurance News from August 31, 2022
National News
Breaking Down Inflation’s $30B Impact on Insurers Line By Line
Experts at McKinsey & Company estimate that inflation pushed loss costs for...
International & Reinsurance News
Reinsurers Adopt Divergent Strategies About Natural Catastrophe Exposures: S&P
The natural catastrophe business of global reinsurers has been reshaped by five years...
Greenland’s Melting ‘Zombie Ice’ Will Raise Global Sea Level by 10 Inches: Report
Exxon Begins Legal Action After Putin Blocks Its Final Russian Exit
Insurtech Accelerant Launches $175M Sidecar Investment Vehicle Flywheel Re
People Moves: TigerRisk Hires Aon’s Rosenberg for ILS Team; Gallagher Re Appoints Delacroix in France; BMS Re Taps Carpenter’s Torres-OrtÃz for Caribbean Fac
East News
Hartford Insurance Loses Appeal of Loss of Consortium Claim It Labeled a ‘Ploy’
Hartford Insurance Group has lost an appeal of a $1.45 million injury settlement...
West News
Oregon Wildfire Threatening over 7,000 Structures
The Rum Creek Fire in remote southwest Oregon has burned nearly 18.75 square miles is...
Southeast News
Comp Insurers Object to Florida Hospital Payments Set at 2x U.S. Average
The Florida Division of Workers' Compensation appears to be intent on pushing the ball...
Texas / South Central News
Severe Storms Blamed in 3 Deaths in Michigan, Ohio, Arkansas
Severe storms that brought damaging winds, heavy rains and flash flooding to parts of...
Midwest News
People Moves: Powers Adds 3 Members; Gardner Joins KAIA
Powers Insurance & Risk Management Hires Three New Team Members Powers Insurance...