FEMA Seeking to Renew Its Private Reinsurance for Flood Insurance Program November 7, 2018 By Andrew G. Simpson The Federal Emergency Management Agency (FEMA) has begun the process of renewing its private market reinsurance for the National Flood...
Casualty Losses Provide Impetus for 2019 Rate Firming: Willis Towers Watson November 7, 2018 By L.S. Howard Commercial insurance buyers are facing upward pricing pressure across most lines of business in 2019, driven in part by escalating...
Girls to Face Boys in a Federal Trademark Suit Over ‘Scout’ Term November 7, 2018 A year after the Boy Scouts of America announced it would admit girls, the Girl Scouts of the United States...
Marsh & McLennan’s $5.6B Acquisition of Broker JLT Gets Shareholder Nod November 7, 2018 Marsh & McLennan Cos. Inc. announced that its £4.3 billion ($5.6 billion) acquisition of broker Jardine Lloyd Thompson Group plc...
Great American Insurance Names Liberty Mutual’s Artin to Cyber Liability Team November 7, 2018 By Andrew G. Simpson Great American Insurance Group has hired Kelli Artin as divisional vice president of Cyber Liability. Artin will focus on the...
AIG Finalizes Acquisition of Program Manager Glatfelter Insurance November 7, 2018 By Andrew G. Simpson American International Group said it has completed the acquisition of insurance program manager Glatfelter Insurance Group, a deal announced in...
Swiss Re Taps XL’s LaRocca to Lead Property/Specialty Lines North America November 7, 2018 Swiss Re Corporate Solutions appoints Michael LaRocca as head of Property & Specialty Lines North America, effective November 7, 2018....
AIG Winds Down Iran Business It Acquired Along With Validus November 7, 2018 By Suzanne Barlyn American International Group Inc. is exiting business activities in Iran that came with a subsidiary it acquired and which now...
Lawsuit Says Wells Fargo Executives Knew About Insurance Overcharges November 7, 2018 By Patrick Rucker Wells Fargo & Co. executives were warned that an auto insurance plan could be overcharging customers four years before the...
Sirius Insurance Closes Deal with Easterly, Becomes Public Company November 6, 2018 Sirius International Insurance Group, Ltd., a global multi-line insurance and reinsurance group, has closed the previously announced business combination with...