Oregon Wildfire Burns More than 476 Square Miles July 19, 2021 Erratic winds and dry lightning added to the dangers for crews battling the nation’s largest wildfire over the weekend in...
S&P Warns of Cyber Risk’s Impact on Insurers’ Credit Ratings July 19, 2021 Cyber risk is becoming increasingly relevant to insurer credit ratings, according to a report from S&P Global Ratings. Overall, S&P...
Liberty Mutual Looks to Acquire Malaysian P/C Insurer AmGeneral July 19, 2021 Boston-based Liberty Mutual Insurance said it will be applying for regulatory approval to acquire Malaysian property/casualty insurer AmGeneral Insurance Berhad,...
Survivors of Maryland Newspaper Shooting, Victims’ Relatives Sue July 19, 2021 The families of five Maryland newspaper employees killed in a mass shooting in 2018 and most of the surviving employees...
Rhode Island Governor Vetoes Auto Body Insurance Claims Legislation July 19, 2021 Rhode Island Governor Dan McKee has vetoed legislation regarding auto body insurance claims that he said would ultimately burden consumers....
Two Firms Merging to Capitalize on Embedded Insurance Demand July 19, 2021 Two insurtech managing general agencies plan to merge in an effort to tap into embedded insurance demand for travel and...
Small Delaware Town Triples Police Liability Insurance July 19, 2021 A small Delaware town has opted to triple its police department’s liability insurance, noting a rise in civil rights lawsuits....
The Hilb Group Builds Virginia Presence with Six July Acquisitions July 19, 2021 By Elizabeth Blosfield The Hilb Group (THG) is building its presence in its home state with six acquisitions of Virginia-based agencies so far...
China Plans to Sell Controlling Stake of Revamped Anbang (Now Called Dajia) for $5.2B July 19, 2021 Two Chinese state investors plan to sell a combined 98.78% of their stakes in Dajia Insurance Group, the revamped entity...
TransRe Reorganizes Global Underwriting Structure, Promoting Key Leaders July 19, 2021 TransRe has reorganized its global underwriting structure and promoted key leaders in the areas of Regional Markets, North America, Global...