US Aims to Reverse Some Trump Offshore Safety Rule Rollbacks September 15, 2022 By Janet McConnaughey The U.S. Department of the Interior said Monday that it wants to reverse some Trump administration rollbacks of offshore safety...
Risk Strategies Acquires Missouri’s Beattie & Associates September 15, 2022 Risk Strategies, a national specialty insurance brokerage and risk management firm, announced it has acquired Beattie & Associates, a retail...
Indiana City to Pay $1.7 Million in Deadly Police Chase Crash September 15, 2022 The city of Evansville, Indiana has agreed to pay $1.75 million to settle a woman’s lawsuit stemming from a 2017...
Pandemic, Labor Shortage Keep Hurricane Victims in Limbo September 15, 2022 Nearly six years after flood damage from Hurricane Matthew displaced Thad Artis from his home in Goldsboro, North Carolina, he...
AMBest Report Shows Florida Insurers Far Out of Line on Reinsurance Dependency September 15, 2022 By William Rabb Mango Questions State-Run Ratings Agency Idea Florida-domiciled property carriers are extremely reliant on the reinsurance market, making them vulnerable to...
New Hampshire Moves to Assist Birthing Centers, Midwives With Insurance Costs September 15, 2022 By Andrew G. Simpson The New Hampshire Joint Legislative Fiscal Committee approved a request from the Sununu Administration to use $252,000 in federal pandemic...
Full-Year Commercial Lines Combined Ratio May Be Lowest in 15 Years: Moody’s September 15, 2022 By Susanne Sclafane With commercial lines insurers expected to report the lowest full-year aggregate combined ratio in 15 years, together with double-digit direct...
Insurance Technology Firm Xceedance Opens Global Headquarters in Massachusetts September 15, 2022 Xceedance, a global provider of technology and data services to insurance organizations, has open a new global headquarters in central...
MGAs: An All-Weather Distribution Channel for Soft and Hard Markets September 15, 2022 By L.S. Howard Many reinsurers across the globe increasingly have been doing business with certain select managing general agents (MGAs), seen as market...
People: IQUW Taps Lancashire’s Warburg as Head of Reinsurance, London; Gallagher Re Names Swiss Re’s Choniski as Head of Embedded Insurance September 15, 2022 IQUW Taps Lancashire’s Warburg as Head of Reinsurance, London Property and specialty re/insurer IQUW has named Dan Warburg as its...