FEMA Expands Flood Reinsurance Program with Private Reinsurers for 2018 January 8, 2018 By Andrew G. Simpson The Federal Emergency Management Agency (FEMA) has completed a reinsurance placement with 28 private reinsurers to help the National Flood...
Takata Recalls 3.3 Million More Airbags January 8, 2018 Takata Corp., the parts supplier that filed for bankruptcy after sparking the largest auto recall in history, called back 3.3...
QBE North America Appoints Franzetti as Chief Operating Officer January 8, 2018 By Andrew G. Simpson QBE North America has named Daniel Franzetti as chief operating officer. Franzetti continues his role as chief claims officer for...
Starr Companies Adds Crisis Coverage to Side ‘A’ D&O Endorsement January 5, 2018 Starr Companies has enhanced its Side ‘A’ Directors & Officers Excess and Lead-In-Difference-In-Conditions (DIC) policy with the addition of crisis...
FEMA Declares Church Centers Now Eligible for U.S. Disaster Aid January 5, 2018 The Federal Emergency Management Agency (FEMA) announced that private nonprofit houses of worship are now eligible for disaster assistance as...
Willis Towers Watson Appoints Pennington as Large Account Leader January 5, 2018 Insurance advisor and broker Willis Towers Watson has named Louise Pennington as large account leader for its Corporate Risk and...
Catastrophe Bond Issuance Tops New Record of $10.5B in 2017: Verisk Report January 5, 2018 Catastrophe bond issuance surpassed $10.5 billion in 2017 – a new record, according to the latest report from the Property...
Intel Downplays Effect of Security Flaw as Investors Worry About Liability January 5, 2018 By Douglas Busvine and Kanishka Singh Security issues with Intel Corp. microchips are only slowing computers slightly, technology companies said, as researchers played down the need...
Trump Rule Permits Health Plans by Self-Employed, Small Businesses That Skirt Obamacare January 5, 2018 By Yasmeen Abutaleb The Trump administration on Thursday proposed a rule to allow Americans who are self-employed or work for small businesses to...
Telematics CEO: 5 Trends to Watch in 2018 in Auto Insurance January 5, 2018 By Ted Gramer Auto insurance is experiencing its most seismic shift since it began over 100 years ago. If 2017 shook up the...