Commercial Auto Insurance Profitability Still Way Down the Road: S&P September 8, 2021 U.S. commercial auto insurers face some blips and disruptions on their road to profitability due to inflation and the spotty...
NWS Says Seven Tornadoes Hit New Jersey, Pennsylvania During Storm September 8, 2021 Seven tornados tore through parts of Pennsylvania and New Jersey during last Wednesday night’s storm, including an EF-3 that damaged...
South Africa’s State Insurer Sasria Looking for Bigger Bailout September 8, 2021 By Wendell Roelf CAPE TOWN — South Africa’s state-owned insurance company Sasria is in talks with National Treasury for a larger bailout than...
World’s Largest Carbon Capturing Technology Plant Starts in Iceland September 8, 2021 By Nikolaj Skydsgaard The world’s largest plant that sucks carbon dioxide directly from the air and deposits it underground is due to start...
Ryan Specialty Underwriting Managers CEO Clark Departs for Personal Reasons September 8, 2021 Ryan Specialty Group announced that Tom Clark, chief executive officer of RSG Underwriting Managers, Ryan Specialty’s underwriting management specialty, will...
INSIGHT: How Big Tech Ethics Panels Are Putting Brakes on AI September 8, 2021 By Paresh Dave and Jeffrey Dastin In September last year, Google’s cloud unit looked into using artificial intelligence to help a financial firm decide whom to...
Global P/C Premiums Likely to Double by 2040, but Motor Growth Will Slow: Swiss Re September 8, 2021 By L.S. Howard Global property/casualty premiums are expected to more than double to US$4.3 trillion in 2040 from US$1.8 trillion in 2020 –...
People Moves: BKS Partners Adds Pollock; Beecher Carlson Promotes Golub September 8, 2021 BKS Partners Baldwin Krystyn Sherman Partners, LLC (“BKS Partners”), an indirect subsidiary of BRP Group, Inc. (“BRP Group”) (NASDAQ: BRP),...
Shortages of Supplies, Workers Expected to Delay Gulf Rebuilding September 8, 2021 By Paul Wiseman and Alex Veiga Joe Sobol, owner of Big Easy Construction in New Orleans, has bad news for homeowners who’ve been calling about roofs...
Officials Investigating Gas Leak at Tennessee Tyson Foods Facility September 8, 2021 Officials are investigating a release of toxic ammonia gas at a Middle Tennessee chicken processing plant that led to the...