Insurtech Coalition Forms Captive Insurer to Enhance Cyber Insurance Capacity December 13, 2021 Managing general insurance agency and cyber security company Coalition has launched a captive insurer to begin taking risk on its...
From Wildfires to Floods, Climate Change Worsens Extreme Weather Across Globe December 13, 2021 By Lisa Shumaker and Andrea Januta Extreme weather events in 2021 shattered records around the globe. Hundreds died in storms and heatwaves. Farmers struggled with drought,...
Ryan Specialty Group to Acquire Pennsylvania’s Keystone Risk Partners December 13, 2021 Ryan Specialty Group, an international specialty insurance firm, has signed an agreement to acquire certain assets of Keystone Risk Partners...
Maryland’s Oriole Park to Test Artificial Intelligence Security Product December 13, 2021 Oriole Park at Camden Yards will test a new security technology during the upcoming baseball season that uses 3D imaging...
Brown & Brown Acquires Florida’s Corporate Insurance Advisors December 13, 2021 Insurance agency Brown & Brown of Florida, Inc. has acquired substantially all of the assets of Corporate Insurance Advisors. J....
Crews Continue Searching for Missing After Tornadoes Ravage Communities December 13, 2021 By Bruce Schreiner and Dylan Lovan Rescuers combed through fields of wreckage after a tornado outbreak roared across the middle of the U.S., leaving dozens dead...
Generali to Focus on U.S., Asia in New Strategic Growth Plan: Report December 13, 2021 By Chiara Albanese and Sonia Sirletti Assicurazioni Generali SpA, Italy’s largest insurer, is preparing to unveil an international-growth strategy to investors this week, according to the...
Insurer Mapfre to Make $983.8M Pay-out for Construction Issues With Colombia Dam December 13, 2021 By Luis Jaime Acosta Spanish insurer Mapfre on Friday signed a contract to make a $983.8 million contingency pay-out to Colombia’s Empresas Publicas de...
Residents of Dangerous Wisconsin Condo Rush to Move Belongings December 13, 2021 Residents of a Waukesha condominium that could collapse are rushing to move their belongings out. Police and firefighters cleared the...
People Moves: Linton to Head Environmental Underwriting December 13, 2021 Beth Linton, the vice president of Environmental Underwriting Solutions since 2006, is the new president of the wholesale insurance broker....