Report: Oil Spills Dropped Dramatically Last Decade September 29, 2022 By Janet McConnaughey Oil and natural gas spills from tankers and pipelines in U.S. waters dropped dramatically from the last decade of the...
Louisiana Governor to Meet With Lloyd’s of London September 29, 2022 By Sara Cline As Louisiana continues to be plagued by a spiraling insurance crisis, with insurers leaving the state and canceling homeowner policies...
Insurers Ask Court in New York to Seize, Sell Vessel to Pay $39M in Cargo Losses September 29, 2022 By Andrew G. Simpson More than 30 insurers that have paid an estimated $39 million in lost cargo claims, along with cargo owners without...
Alaska Landslide Damages 3 Homes, Destroys Pickup September 29, 2022 By Mark Thiessen A landslide triggered by record rainfall significantly damaged three homes, prompted the evacuation of about a dozen residents and caused...
Citizens’ Early Estimate of $3.8B in Ian Losses; Florida OIR Suspends Use and File September 29, 2022 By William Rabb Hurricane Ian continued to churn through central Florida Thursday morning, leaving widespread flooding and wind damage in its wake. It...
People Moves: Canopius Names WTW’s Maitra as Group Head of Sustainability; Gallagher Re Hires Bangs and Swindell for Asia Pacific September 29, 2022 This edition of International People Moves details appointments at Canopius and Gallagher Re. A summary of these new hires follows...
Specialty MGA Optio Launches MGA and Broking Operations in Dubai September 29, 2022 Optio Group, the London-based specialty managing general agent (MGA), announced it will launch an MGA and reinsurance broker in Dubai,...
Soccer Injuries Cost Top UK, European Clubs More Than £500M Annually: Howden September 29, 2022 By David Hellier Footballers are getting injured more frequently across Europe’s top divisions, according to research from an international insurance broker, as the...
Insurers Should Be Ready for Global Average Disaster Losses of $123 Billion: Verisk September 29, 2022 The global insurance industry should be prepared for insured losses from natural catastrophes well in excess of $100 billion every...
Storm Ian Weakens as Millions Left Without Power September 29, 2022 By Brian K. Sullivan and Will Wade Ian was downgraded to a tropical storm as it continued to move northeastward across central Florida, with a massive and...