Analysts Foresee Modest Economic Damage in U.S. From Ida; Peg Insured Losses at $10B August 31, 2021 With more than 1 million customers in Louisiana and Mississippi having lost power, Hurricane Ida is sure to take a...
People Moves: MJ Insurance Adds Bingham; Ashurst Joins Marsh in Chicago August 31, 2021 MJ Insurance MJ Insurance, a risk management and employee benefits agency headquartered in Indianapolis, hired Julie Bingham as vice president...
North Carolina Regulators Find Chemours Plant Out of Compliance With Air Permit August 31, 2021 North Carolina environmental regulators announced this week that a plant that for years discharged so-called “forever chemicals” into the air...
Second Insurance Business Transfer in U.S. Approved in Oklahoma August 31, 2021 An Oklahoma court has approved Sentry Insurance Co.’s (Sentry) Insurance Business Transfer (IBT) Plan, insurance regulators say. This is the...
Fewer Virus Vaccinations Among Missouri Nursing Home Workers than Most States August 31, 2021 Officials face a tall order to get all Missouri nursing home workers vaccinated because fewer than half of them have...
Confirmed Tornado Caused Damage in Southeastern South Dakota August 31, 2021 A storm survey team from the National Weather Service in Sioux Falls, South Dakota, has confirmed it was a tornado...
U.S. Treasury Begins Inquiry Into Climate Risks in Insurance August 31, 2021 The U.S. Department of the Treasury has announced that the Federal Insurance Office (FIO) is requesting information and soliciting public...
Floods, Outages Stall Oil Companies’ Efforts to Restart After Hurricane Ida August 31, 2021 By Marianna Parraga and Stephanie Kelly Widespread flooding from Hurricane Ida and power outages slowed efforts on Tuesday by energy firms to assess damages at oil...
Ascot Realigns Global Reinsurance With Launch of Ascot Re August 31, 2021 HAMILTON, BERMUDA — Ascot announced the launch of Ascot Reinsurance, a global platform dedicated to reinsurance underwriting and ceded risk...
Ping An Insurance Denies Regulator Halted Sales of Alternative Investments August 31, 2021 By Bloomberg News Ping An Insurance (Group) Co. denied that it has been ordered by regulators to halt sales of property-related alternative investments...