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 October 12, 2022 This edition of International People Moves details appointments at RSA Luxembourg; Northcourt (the MGA and underwriter of nuclear risks), and...
People Moves: Ryan Specialty Appoints Senior Distribution Roles; VIAA Promotes Morris to Commercial Lines Coach October 12, 2022 Ryan Specialty appoints new senior distribution leadership roles within Ryan Specialty Underwriting Managers Ryan Specialty, headquartered in Chicago, Illinois, has...
Top U.S. Homeowners Insurers Minimally Exposed to Losses from Ian: Moody’s October 12, 2022 A report from Moody’s Investors Service clearly paints Ian as a loss event for Florida-only home insurers since large, national...
Fire Destroys Popular Minnesota Ski Lodge October 12, 2022 Fire has destroyed the main lodge at a popular ski resort in northwestern Minnesota. Officials say the main building at...
QBE Opens Dutch Branch as Part of Europe Expansion Plans; 5 Senior Hires Announced October 12, 2022 QBE said it will begin writing business in the Netherlands, incepting from January 2023, now that it has received regulatory...
Markets/Coverages: Lockton Launches Digital Asset Custody Insurance Facility; WTW Launches Risk IQ Portal for Direct Access to Modeling Tools October 12, 2022 Lockton Launches Digital Asset Custody Insurance Facility Lockton has launched a digital asset custody insurance facility, which was developed by...
Buffalo Staffing Firm Settles Employment Discrimination Lawsuit October 12, 2022 Staffing Solutions of WNY Inc., a Buffalo-based staffing company serving western New York, will pay $550,000 to settle an employment...
‘Hardening’ Property Catastrophe Market Enters ‘Hard’ Market Phase: Bank of America October 12, 2022 By L.S. Howard European reinsurers will miss their earnings targets in 2022 – for the sixth year in a row – which is...
AM Best: Trouble Around the Bend for Commercial Auto Insurers After Good 2021? October 12, 2022 By Chad Hemenway For the first time in many years the commercial auto insurance segment enjoyed a combined ratio below 100 in 2021,...
$2.75M Settlement to Washington Woman in Highway Crash October 12, 2022 Washington state has agreed to pay $2.75 million to a woman who was seriously hurt in a rollover crash involving...