Gains Made Against Massive New Mexico Wildfire May 31, 2022 By Paul Davenport Crews were making progress in stopping the nation’s largest active wildfire from spreading on Monday, the fourth straight day of...
Hale Partnership Invests $15 Million into FedNat’s Monarch National May 31, 2022 By William Rabb A Charlotte-based investor has agreed to put $15 million into Monarch National Insurance Co., a subsidiary of FedNat Holding Co.,...
Seven Die on Georgia Waterways over Memorial Day Weekend May 31, 2022 Searchers recovered the bodies of three missing boaters Sunday after two vessels collided on a Georgia river, bringing the crash’s...
People Moves: Canopius Restructures Global Underwriting Operations, Makes Senior Appointments May 31, 2022 Canopius Restructures Global Underwriting Operations With Senior Appointments Canopius Group, the London-based global specialty re/insurer, has reorganized its global underwriting...
Global Re/insurers See Average Premium Increases of 11% in 1st Quarter: Gallagher Re May 31, 2022 Premium growth during the first quarter saw an average increase of 11%, which was supported by continued favorable pricing for...
Season’s First Hurricane Pummels Mexico With Strong Winds, Heavy Rain May 31, 2022 By Brian K. Sullivan Hurricane Agatha made landfall in Mexico’s Oaxaca state Monday afternoon in what’s expected to be the strongest May storm to...
Insurance Premiums Surging for Ukraine War-Exposed Business: Sources May 31, 2022 Insurance premiums are doubling or more for some aviation and marine business particularly exposed to the war in Ukraine, increasing...
EU Leaders Agree to Pursue Ban on Most Russia Oil; Insurance Prohibition Delayed May 31, 2022 By Jorge Valero, Milda Seputyte and Alberto Nardelli European Union leaders agreed to pursue a partial ban on Russian oil, paving the way for a sixth package of...
Insurer FWD Delays $1 Billion Hong Kong IPO: Sources May 31, 2022 By Scott Murdoch Asian insurer FWD Group has delayed its $1 billion Hong Kong initial public offering (IPO) because of volatile financial markets,...
As Uvalde Parents Seethe, Recourse Against Police May Be Limited May 31, 2022 By Laurel Brubaker Calkins Texas police accused of bungling the response to a mass shooter in an Uvalde school where 19 children and two...