S. Africa Insurer Santam Loses Appeal in COVID-19 Business Income Case With Hotelier October 7, 2021 JOHANNESBURG – South Africa’s Supreme Court of Appeal has ruled Santam is liable to cover the impact of COVID-19 restrictions...
July’s European Floods Generated Largest Non-U.S. Insurance Industry Loss in 2021 October 7, 2021 The extreme flooding event in Western Europe in mid-July generated the largest insurance industry loss figure so far this year...
U.S. Approves Fire Retardant That Could Be ‘Game-Changer’ in Fighting Wildfires October 7, 2021 By Keith Ridler U.S. officials on this week approved a long-lasting fire retardant that could significantly aid in fighting increasingly destructive wildfires by...
Arrow Risk Management Launches MGA Platform, Led by Former Barbican Executives October 7, 2021 Arrow Risk Management announced the launch of its new MGA underwriting platform, led by Jon Godfray as chief executive officer...
Broker New Dawn Risk Group Launches Europe Subsidiary in Malta October 7, 2021 New Dawn Risk Group, the London-based broker, announced the launch of its new European subsidiary, New Dawn Risk (Europe), headquartered...
Hub International Completes Purchase of Canada’s National Home Warranty Group October 7, 2021 Hub International Ltd., a Chicago-based broker and financial services firm, announced it has completed the acquisition of the assets of...
Eyebrows Raised After Universal Drops Complaint About Florida Adjusters October 7, 2021 By William Rabb The Florida property insurance community was abuzz this week after word got out that a closely watched complaint about some...
California FAIR Plan Files to Offer Property Coverage to Farms October 6, 2021 The California FAIR Plan Association announced on Wednesday it has submitted a farm product rate filing to the California Department...
People Moves: Pinnacol CEO Kalin Retiring; CopperPoint Names Jaffray CFO October 6, 2021 Phil Kalin, president and CEO of Pinnacol Assurance, is retiring from the position, the company announced. Kalin is set to...
Orchid Cross-Pollinates with R&Q Accredited in Stormy States October 6, 2021 While some insurance firms are pulling out of the troubled Florida property insurance market, Orchid Underwriters Agency is expanding its...