Insurance News from October 12, 2022
National News
Stonybrook Capital Says Hurricane Ian Is Largest-Ever Insured Loss Event at Over $75B
According to Stonybrook Capital, the damage from Hurricane Ian will result in the...
International & Reinsurance News
‘Hardening’ Property Catastrophe Market Enters ‘Hard’ Market Phase: Bank of America
European reinsurers will miss their earnings targets in 2022 – for the sixth year in...
Extreme Weather Poses as Big a Threat to Global Energy Security as Ukraine War: WMO
QBE Opens Dutch Branch as Part of Europe Expansion Plans; 5 Senior Hires Announced
Markets/Coverages: Lockton Launches Digital Asset Custody Insurance Facility; WTW Launches Risk IQ Portal for Direct Access to Modeling Tools
People Moves: O’Leary Named CEO RSA Luxembourg; Northcourt Appoints Pool Re’s Butler as Nuclear Industry Adviser; Aon Taps WTW’s Dell’Aglio for Strategy & Tech Unit
East News
Pennsylvania Jury Awards Corrections Officer $1M Over Retaliatory Firing Claim
A white Allegheny County jail corrections officer who claimed he was fired in...
West News
$2.75M Settlement to Washington Woman in Highway Crash
Washington state has agreed to pay $2.75 million to a woman who was seriously hurt in a...
Southeast News
Search for Victims Done, Florida Coast Begins Recovery from Storm
An army of 42,000 utility workers has restored electricity to more than 2.5 million...
Texas / South Central News
Texas Department of Work Comp Adopts MQRP Rule Changes
The Texas Department of Insurance, Division of Workers' Compensation (DWC) has adopted...
Midwest News
Fire Destroys Popular Minnesota Ski Lodge
Fire has destroyed the main lodge at a popular ski resort in northwestern Minnesota....