Insured Losses from Haiti Earthquake Estimated at $250M: Karen Clark & Co. August 17, 2021 The large 7.2 magnitude earthquake, which hit Haiti on Aug. 14, is likely to cost insurers around $250 million, according...
Crews Battle ‘Rapidly Growing’ Wildfire in Northern Minnesota August 17, 2021 Fire crews in northeastern Minnesota battled a “rapidly growing” wildfire Sunday, adding to a list of wildfires in the region...
Cedar Rapids, Iowa, to Settle Police Dog Attack Suit for $50K August 17, 2021 The Cedar Rapids, Iowa, City Council approved a $50,000 payment to settle a lawsuit brought by a man who said...
AM Best Assigns B+ Rating to Texas’ National Unity Insurance August 17, 2021 AM Best assigned a Financial Strength Rating of B+ and a Long-Term Issuer Credit Rating of “bbb-” (Good) to National...
More Homes Threatened as Blazes Burn in California, Across West August 17, 2021 By Christopher Weber and Eugene Garcia Thousands of homes in Northern California remain threatened by the nation’s largest wildfire as unstable weather creates a high danger...
Insurtech VOOM, Markel Offering Mileage-Based Motorcycle Insurance August 17, 2021 Mobility insurtech VOOM and specialty insurer Markel have teamed up to launch a per-mile insurance offering for motorcycles in select...
People Moves: Chubb’s Kocsondy Joins Beazley Cyber; Ames & Gough Adds Martin; WTW’s Kinzer Moves to Zurich Construction; AXA XL Adds 4 to Pollution Team August 17, 2021 Beazley Appoints Chubb’s Kocsondy as U.S. Cyber & Tech Chief Specialist insurer Beazley has appointed Patricia Kocsondy as head of...
Massachusetts Woman Arrested for Workers’ Compensation Benefits Fraud August 17, 2021 A Norwood, Massachusetts, woman was arrested in connection with fraudulently receiving federal workers’ compensation benefits and disability benefits from the...
10th Tornado Confirmed in July Pennsylvania, New Jersey Storms August 17, 2021 The National Weather Service has confirmed a 10th tornado that struck during storms last month in Pennsylvania and New Jersey....
People Moves: RT Specialty’s Burrows, API’s Gorman Promoted; New Hire at Concord Specialty August 17, 2021 RT Specialty Promotes Burrows to Senior Account Manager RT Specialty has promoted Stacy Burrows to senior account manager within its...