Natural Catastrophe Losses in 2019 Down 18% from Annual Average: Willis Re Report January 23, 2020 Insured losses from major natural catastrophes in 2019 totaled roughly $53.0 billion, about 18% lower than the annual average since...
Travelers Reports Strong Q4, Full Year Results on Lower Catastrophe Losses January 23, 2020 Strong quarterly and full year 2019 results for Travelers Cos. were helped by lower catastrophe losses and premium hikes. Net...
$90K Settlement in Wyoming Racial Discrimination Lawsuit January 23, 2020 A town in Wyoming has settled a civil rights lawsuit filed by a former town employee who accused his supervisor...
Sompo International Hires Allied World’s James to Run International Insurance Business January 23, 2020 Sompo International Holdings Ltd., a Bermuda-based specialty property and casualty re/insurer, announced that Julian James will soon join the organization...
Massive Fire Scorches Six Row Houses in Staten Island January 23, 2020 A fast-moving five-alarm fire severely damaged six row houses in Staten Island on Monday, displacing more than 30 people and...
New Jersey Law Bans Sale of Flavored Vaping Products January 23, 2020 By Mike Catalini The sale of flavored vaping products is banned in New Jersey under legislation Democratic Governor Phil Murphy signed Tuesday. Murphy...
The Hilb Group Acquires New York’s BR Vital Brokerage January 23, 2020 The Hilb Group LLC (THG) has acquired New York-based BR Vital Brokerage Inc. (BRV). The transaction became effective January 1,...
Massachusetts’ EverQuote Hires Brainard as EVP of Engineering, Marketplace January 23, 2020 EverQuote Inc., a Cambridge, Mass-based online marketplace for insurance shopping in the U.S., has hired David Brainard as executive vice...
Bushfire-Ravaged Australians Face Choice in Era of Climate Change: Rebuild or Leave? January 23, 2020 By Sybilla Gross and Emily Cadman It took two years for Nigel Allison to build his mud-brick house on a sleepy southeastern tip of Australia, and...
Ratings Agencies Disagree Over Financial Strength of Florida Family Insurance Co. January 23, 2020 By Amy O'Connor The credit ratings of homeowners insurer Florida Family Insurance Co. and its subsidiary, Florida Family Home Insurance Co., have been...