Brit Pilots 1st Continuous Binder for Delegated Authorities, to Replace Annual Renewals December 14, 2021 Brit Ltd. announced it has piloted the first continuous binder at Lloyd’s for delegated authorities, which will go live in...
Insured Loss From Tornado Outbreak Estimated at $3 Billion by KCC December 14, 2021 The insured loss from the December 9-12 tornado outbreak that devastated parts of central U.S. has been estimated to be...
Specialist Risk Group Launches MGA Called MX Underwriting December 14, 2021 Specialist Risk Group (SRG) announced the launch of MX Underwriting. Led by Lee Anderson, SRG deputy CEO, and James Gerry,...
Canada’s StoneRidge Insurance Brokers Acquires John Stark & Co. December 14, 2021 SIB Corp., operating as StoneRidge Insurance Brokers (SIB), the Canadian provider of insurance and consulting services, has acquired John Stark...
Swiss Re-Backed FWD Raises $1.4 Billion, Weighs Hong Kong IPO December 14, 2021 By Manuel Baigorri Billionaire Richard Li’s FWD Group Ltd. raised more than $1.4 billion in private placements with investors including an insurer backed...
Are Too Many Comp Claims Being Opposed? Some Major Employers Think So December 14, 2021 By William Rabb Employers may be warming up to the idea that fighting some workers’ compensation claims and medical treatments can be counterproductive,...
400 Adjuster Firms Licensed Under Florida’s New Law December 14, 2021 More than 400 claims-adjusting firms have been licensed in Florida in the last month, in keeping with a state law...
Why OSHA Is Investigating Amazon Worker Deaths at Illinois Building Hit by Tornado December 14, 2021 By Richa Naidu EDWARDSVILLE, Ill. — The U.S. workplace safety watchdog is investigating the circumstances around the collapse during Friday night’s storm of...
Chubb Agrees to Pay $800M Toward Boy Scouts Sex Abuse Claims Deal December 13, 2021 By Maria Chutchian One of the Boy Scouts of America’s primary insurers, Chubb Ltd. unit Century Indemnity Company, said on Monday it will...
Tornadoes That Ripped Across Central U.S. Could Be Costliest Outbreak on Record December 13, 2021 By William Rabb and Elizabeth Blosfield A group of tornadoes that tore across the central U.S. on December 10 and 11 resulted in widespread damage in...