Most of Texas Deep Freeze $90 Billion in Losses Avoidable, Modeler Says February 25, 2021 By Brian K. Sullivan Texas’s deep freeze and power outages last week could cost as much as $90 billion in losses, and most of...
World Insurance Associates Acquires New Jersey’s Szerlip & Company February 25, 2021 World Insurance Associates LLC (WIA) acquired Szerlip & Company of Millburn, New Jersey, on January 1, 2021. Terms of the...
Glatfelter Insurance Appoints Murray as President of Claims Management Business February 25, 2021 Glatfelter Insurance Group (GIG), an American International Group Inc. (AIG) company, has appointed Conor Murray as president of Glatfelter Claims...
Crawford & Company Appoints Pageau as VP, Managing Director in New England Region February 25, 2021 Crawford & Company, a publicly listed independent provider of claims management and outsourcing solutions to carriers, brokers and corporations, has...
Zurich North America Names Aviva’s Kundi as Canada Chief Risk Officer February 25, 2021 Sonia Kundi has joined the Zurich North America Group Risk Management team as Canada chief risk officer, effective immediately. She...
Appeal Over Dictionary Use Denied in University of Virginia Lacrosse Slaying February 25, 2021 By Matthew Barakat A federal judge has rejected an appeal from a former University of Virginia lacrosse player that his 2012 murder conviction...
Kenya Seeks More Crop Insurance to Cover Small Farms from Climate Change Risks February 25, 2021 By Eric Ombok Kenya’s agriculture ministry has opened bids for crop insurance providers to cover more smallholder farmers from the risks and shocks...
Britain Reviews Rulebooks to Keep Financial Services Sector Competitive After Brexit February 25, 2021 By Huw Jones Britain is conducting a review of its financial rulebooks and policies to see how it can keep its 130 billion...
Texas Lawmakers Told Insurers Want ‘Seat at Table’ As Power Blackout Probe Begins February 25, 2021 By Gary McWilliams Texas state legislators on Thursday begin digging into the causes of deadly power blackouts that left millions shivering in the...
AXA Reports 18% Drop in Net Income During 2020 with COVID Claims of $1.8 Billion February 25, 2021 AXA reported net income of €3.16 billion (US$3.8 billion) during 2020, an 18% drop from €3.86 billion (US$4.7 billion) in...