U.S. Raises Average Number of Named Storms for Atlantic Hurricane Season April 12, 2021 The U.S. National Oceanic and Atmospheric Administration (NOAA) has changed the number of storms that constitute an average Atlantic hurricane...
Hathaway to Lead RT Specialty Transportation; Beecher Named President at Interstate April 12, 2021 Doug Hathaway has been appointed as head of RT Specialty’s National Transportation Practice as well as its commercial transport program:...
Update: Aon Offers to Sell Assets to Gain EU Antitrust Approval for $30B Willis Bid April 12, 2021 By Foo Yun Chee BRUSSELS – Insurance broker Aon has offered to sell assets in several EU countries and the reinsurance unit of takeover...
Chinese Insurtech Waterdrop Faces Regulatory Pushback on Planned IPO: Sources April 12, 2021 SHANGHAI/HONG KONG – Chinese online insurance technology firm Waterdrop Inc. is receiving pushback from domestic regulators on its planned U.S....
$1B Insurance Price Tag for U.S. Severe Weather in March (and Other Global Events): Aon April 12, 2021 Multiple U.S. severe weather outbreaks, including tornadoes, hail, and flooding, resulted in losses of more than $1 billion for public...
Watford Holdings Announces Purchase of French P/C Insurer Axeria IARD April 12, 2021 Bermuda-headquartered Watford Holdings Ltd. has completed the purchase of Axeria IARD, a French property and casualty insurance company. Watford has...
California County Agrees to Pay $3.5M in 2018 Jail Death Case April 12, 2021 San Diego County will pay $3.5 million to settle a lawsuit brought by the family of a mentally ill man...
Hawaii Study Offers Steps to Battle Climate Change April 12, 2021 A new study from the University of Hawaii’s School of Architecture has offered detailed short- and long-term design alterations that...
Amwins Forms National Employee Benefits General Agency April 12, 2021 Three general agencies specializing in employee benefits – LISI, BrokerNet USA and Amwins Group Benefits Small Business – have come...
Los Angeles Paying $1.6M to Settle Suits Alleging Police Wrongdoing April 9, 2021 Los Angeles will pay nearly $1.6 million to settle three lawsuits involving alleged wrongdoing by the city’s police department, a...