Insured Losses for Typhoon Faxai Estimated at US$3B-US$7B: AIR Worldwide September 16, 2019 Industry insured losses from Typhoon Faxai, which made landfall in Japan on Sept. 9, will be between 340 billion Japanese...
JBA Risk Management Launches Probabilistic Global Flood Model September 16, 2019 The global leader in flood risk management, JBA Risk Management, launched the first probabilistic global flood model, which allows re/insurers...
Humberto Strengthens into 3rd Atlantic Hurricane of 2019, Heading to Bermuda September 16, 2019 By L.S. Howard Tropical storm Humberto has now intensified into the third Atlantic hurricane of 2019 with top sustained winds of 75 mph,...
Reith to Step Down as Group CEO of Neon September 16, 2019 American Financial Group Inc. announced that Martin Reith intends to resign his executive roles with Neon, including stepping down as...
Bill Would Allow Service Members to Sue Military for Medical Malpractice September 16, 2019 U.S. Senators John Kennedy (R-La.) and Mazie Hirono (D-Hawaii) have introduced legislation to allow active duty service members to sue...
Pharmacies, Distributors Say Opioid Case Judge Biased, Seek Removal September 16, 2019 By Andrew Harris AmerisourceBergen Corp., Cardinal Health Inc., CVS Health Corp. units and other prescription drug distributors and pharmacies moved to bounce Cleveland...
Alera Group Acquires Makro Enterprises in Nevada September 16, 2019 Alera Group has acquired Makro Enterprises in Las Vegas, Nev. Makro will join Alera Group through local firm GLB Insurance....
North Carolina Gov Requests Hurricane Dorian Disaster Declaration September 16, 2019 North Carolina Gov. Roy Cooper is seeking a federal disaster declaration for 13 counties affected by Hurricane Dorian. Cooper made...
Willis Towers Watson, Sompo GRS Launch Middle Market Real Estate Platform September 16, 2019 Willis Towers Watson has entered into a strategic partnership with Sompo Global Risk Solutions (GRS) to create an integrated insurance...
PMA Companies Insurance Group Names Mitchell Claims AVP in Southeast September 16, 2019 PMA Companies Insurance Group has named Sabrina Mitchell as Claims assistant vice president, Southeast Region. Mitchell will be responsible for...