Another Hard Market Harbinger: U.S. Commercial Lines Prices Up 4% in Q2 September 12, 2019 In yet another sign of a hardening market, U.S. commercial insurance prices grew at an accelerated rate compared to a...
Vermont Anti-Poverty Group Fined for Asbestos and Safety Hazards September 12, 2019 A state investigation details a Vermont anti-poverty group didn’t tell its employees that one of its facilities contained asbestos, exposing...
Gallagher Hires Kambos to New York Management Liability Practice September 12, 2019 Gallagher, a global insurance brokerage, risk management and consulting services firm headquartered in Rolling Meadows, Ill., has hired Mike Kambos...
Assurance Hires Warren to Mid-Atlantic Office in Virginia September 12, 2019 Assurance, an independent insurance brokerage in the U.S., has hired Chris Warren. Warren will be based in the Assurance Mid-Atlantic...
Statewide Insurance Joins Satellite Agency Network Group September 12, 2019 Statewide Insurance has joined Satellite Agency Network (SAN) Group Inc., an alliance of independent insurance agencies in the Northeast, after...
Report: $221B in Western U.S. Homes at Extreme Risk of Wildfire Damage September 12, 2019 By Don Jergler Nearly 776,000 homes with a reconstruction cost value of more than $221 billion are at extreme risk of wildfire damage,...
Markel Launches Bermuda Retrocessional ILS Platform, Lodgepine Capital Management September 12, 2019 Markel Corp. announced the launch of Lodgepine Capital Management Ltd., its new retrocessional Insurance Linked Securities (ILS) fund manager in...
Dorian Drowned People Taking Refuge in Attics with Its Storm-Surge of 20-25 Feet September 12, 2019 By Michael McDonald and Ezra Fieser Teams of dog handlers from the U.S., Canada and Belgium are uncovering more and more dead bodies among the debris...
Cyber Risk Modeling Company Kovrr Raises $5.5 Million September 12, 2019 Kovrr, a Tel Aviv-based predictive cyber risk modeling company, announced a $5.5 Million financing round. The funding round was led...
U.K. Insurer RSA Merges Commercial Risk Solutions, Global Risk Solutions Businesses September 12, 2019 By L.S. Howard RSA UK & International has merged its Commercial Risk Solutions (CRS) and Global Risk Solutions (GRS) businesses to create a...