RMS Releases High Definition Models for European Severe Convective Storm May 5, 2020 RMS, the Newark, Calif.-based risk modeling and analytics firm, announced the release of new European Severe Convective Storm (EU SCS)...
Crane Named CEO of Specialist Re/insurance Broker THB Group May 5, 2020 THB, the specialist insurance and reinsurance broker, announced that Matthew Crane has been named chief executive officer of THB Group...
Supreme Court Agrees to Hear Micro-Captive Insurer Tax Case May 5, 2020 By Greg Stohr The U.S. Supreme Court agreed to review a ruling that critics say would give the Treasury Department and Internal Revenue...
AIG Takes Hit from Coronavirus in Q1; Sees Industry’s ‘Biggest CAT Loss Ever’ Ahead May 5, 2020 By Suzanne Barlyn, Noor Zainab Hussain and Bharath ManjeshR Insurer American International Group Inc. on Monday posted a 93% drop in quarterly adjusted profit, as it set aside money...
Insurers’ Loss Estimates Linked to Coronavirus Range Widely: Analysis May 5, 2020 By Suzanne Barlyn and Alwyn Scott Insurers are normally great with numbers. But the coronavirus pandemic has them struggling to estimate how many billions of dollars...
Florida-Based BKS-Partners Appoints Nash as Regional President May 5, 2020 BKS-Partners, an insurance brokerage and risk management firm headquartered in Tampa, Fla., has appointed Kelly Nash to Regional president. As...
North P&I Enters Blue-Water Hull, Machinery Market May 5, 2020 Global marine insurer North P&I has entered the blue-water and hull and machinery market with a new insurance product line....
Neptune Doubles Lloyd’s Capacity to Expand Private, Commercial Flood Product May 5, 2020 Neptune Flood, an online flood insurance company, has entered into strategic underwriting partnerships that double its capacity at Lloyd’s. Neptune,...
EEOC Complaint: Florida ICU Nurse Denied Rental Because of Virus Concerns May 5, 2020 A Florida nurse filed an equal opportunity complaint alleging her condo rental application was denied because her ICU job brings...
Students Sue Universities in North Carolina for Tuition Reimbursement May 5, 2020 By Amy O'Connor College students in North Carolina are suing universities in hopes of getting reimbursements for tuition and fees after campuses shut...