ICEYE, McKenzie Intelligence Form Partnership Offering Enhanced Flood Hazard Analysis November 10, 2021 ICEYE, a provider of persistent monitoring with radar satellite imaging and flood hazard data, announced an agreement with McKenzie Intelligence...
Insurtech Arbol Launches Bermuda MGU, Focusing on Parametric Reinsurance November 10, 2021 Arbol Inc., a New York City-based insurtech platform for parametric protection products, announced the launch of Arbol Underwriters Ltd. (AUL),...
FedNat Pulling Out of Louisiana, Texas Amid Heavy Storm Losses November 10, 2021 By Ezra Amacher After two years of heavy storm-related losses, FedNat Insurance is pulling out of the Louisiana and Texas markets and doubling...
Wisconsin Foundry Faces $200,000 in Fines Over Workplace Injuries November 10, 2021 Recent federal safety inspections of a northern Wisconsin foundry determined workplace safety failures caused two workers to suffer severe injuries....
AXIS Insurance Enters North American Pet Insurance Market With MGU Petplan November 10, 2021 AXIS Insurance, the specialty insurance business segment of AXIS Capital Holdings Ltd., announced it has entered the pet insurance market...
Minnesota Payroll Services Company to Pay $95,000 Over Disability Discrimination Suit November 10, 2021 Employer Solutions Group, LLC, a payroll services company operating in Eden Prairie, Minnesota, has agreed to pay $95,000 to resolve...
Asian Insurer FWD Group Weighs Shifting U.S. IPO to Hong Kong: Reuters November 10, 2021 By Scott Murdoch, Julie Zhu and Kane Wu HONG KONG – Asian insurer FWD Group, controlled by Hong Kong billionaire Richard Li, is contemplating shifting its $2-$3 billion...
Allianz Posts Better-Than-Expected Q3 Net Profit as It Emerges From COVID Pressures November 10, 2021 By Tom Sims and Alexander Huebner Allianz nudged its forecast for record profit in 2021 even higher on Wednesday after a bumper third quarter while it...
BNSF Railway Joins Legal Fight Against Unions Over Vaccine Mandate November 10, 2021 By Josh Funk Another major railroad has gone to court to determine whether it has the authority to require all its employees to...
FedNat Hopes to Improve Numbers By Concentrating on Florida Market November 10, 2021 By William Rabb Who would have thought, given what many have called a crisis in the Florida property insurance market, that an insurance...