Winter Storm Uri Losses in Texas Expected in $10B – $20B Range March 1, 2021 It’s likely that insured losses in Texas from Winter Storm Uri, which overwhelmed the state in mid-February, will climb into...
Many States Lack Flood Risk Disclosure Laws for Homebuyers March 1, 2021 Homebuyers in nearly half of the states including hurricane-prone Florida can be left in the dark about the flood risks...
Historic General Store in North Carolina Destroyed by Fire March 1, 2021 A century-old general store in the northwest North Carolina mountains known as a gathering place for local commerce and memories...
3 Vehicles Stolen in Attack on Illinois Luxury Car Delivery Driver March 1, 2021 Four men attacked a luxury car delivery driver in suburban Chicago and took off with three high-end vehicles, authorities said....
Ohio Roofing Contractor Cited for Safety Violations, Fined $117.5K March 1, 2021 An Ohio roofing contractor has been cited for the sixth time since 2012 by federal workplace safety regulators for failing...
Nebraska’s Applied Underwriters Promotes 4 in Actuarial Department March 1, 2021 Justin Smith, Jing Hong, Joan Klucarich and Jordan Comacchio have been promoted at Omaha, Nebraska-based global insurance and risk services...
Texas Records $613.58M in Surplus Lines Premium in January March 1, 2021 Surplus lines premium continues its steady rise in Texas, with $613.58 million recorded in January, and increase of 13.6% compared...
GEICO Drives Up Berkshire 2020 Underwriting Profit March 1, 2021 By Susanne Sclafane With GEICO’s 2020 underwriting profit more than doubling above the level recorded in 2019, Berkshire Hathaway’s full-year property/casualty underwriting income...
S. Africa’s Steinhoff in Talks with D&O Insurers to Help Settle Accounting Crisis Claims March 1, 2021 By Janice Kew Steinhoff International Holdings NV is in talks with the providers of director liability insurance policies about help settling legal claims...
Ex-Credit Suisse CEO Raises $300M for Financial Services-Focused SPAC March 1, 2021 By Jan-Henrik Förster Former Credit Suisse Group AG Chief Executive Officer Tidjane Thiam raised $300 million for his blank-check company after boosting the...