Demotech Downgrades FedNat Rating, Just as Florida Guv Calls Special Session April 18, 2022 By William Rabb Florida-based FedNat Insurance Co., six months after it pulled out of other states to concentrate on Florida, woke up to...
UK Homebuilders Commit More Than £2B to Fix Fire Safety Issues April 18, 2022 By Jack Sidders Developers responsible for building half of the new homes in the UK have committed more than 2 billion pounds ($2.6...
Natural Disasters Cost Global Economy $32B in Q1, With Only $14B Insured: Aon April 18, 2022 By L.S. Howard Preliminary economic losses from natural hazards billion during the first quarter of 2022 totaled $32, of which less than 50%...
Markets/Coverages: Brownyard’s Library Program; Core Specialty’s Equine Unit; Skyward’s Cannabis Bonds; Roamly’s Travel April 18, 2022 Brownyard’s ‘By The Cover’ Now 15 Additional States New York-based program administrator Brownyard Group announced that its By The Cover,...
Lawsuit Challenges Reinstatement of Philadelphia’s Mask Mandate April 18, 2022 Several businesses and residents have filed suit in state court in Pennsylvania seeking to overturn Philadelphia’s renewed indoor mask mandate...
Flight Attendants Settle Discrimination Suit with Colorado-based Frontier April 18, 2022 Frontier Airlines has settled a discrimination lawsuit brought by a group of flight attendants who claimed the carrier discriminated against...
Earthquakes Recorded Near Long-Dormant Alaska Volcano April 18, 2022 By Mark Thiessen Hundreds of small earthquakes have been reported near a volcano in southeast Alaska believed to have been dormant for at...
Fire That Destroyed Washington Businesses Ruled Arson April 18, 2022 The Town of Friday Harbor on San Juan Island in Washington said that a fire that burned through a block...
How Warren Buffett Does a Deal: Alleghany Merger Backstory April 18, 2022 By Susanne Sclafane Berkshire Hathaway didn’t require Alleghany to pay any breakup fee in the event another potential acquirer topped an $11.6 billion...
SCOR Warns of Ukraine Conflict Impact on Q1 2022 Results April 18, 2022 Paris-based reinsurer SCOR said the company expects a first-quarter 2022 charge in the high double-digit million euros range for potential...