Missouri Regulators: At Least $139M in Insured Losses From May Tornadoes July 10, 2019 Missouri insurance regulators say insured losses following May tornadoes in that state are predicted to reach $139 million or more....
Ryan Specialty Group Adds Blackshear as Global Chief Compliance Officer July 10, 2019 Michael Blackshear has joined Ryan Specialty Group (RSG) as a senior vice president and global chief compliance officer. He is...
Outlooks Revised to Stable for Wisconsin’s Badger Mutual Insurance July 10, 2019 Ratings agency, AM Best, has revised the outlooks to stable from negative and affirmed the Financial Strength Rating of A-...
As Storm Forms in Gulf of Mexico, U.S. Oil Producers Shut Offshore Output July 10, 2019 U.S. oil prices have climbed 3% as more major oil producers shut production and withdrew staff from offshore platforms in...
LP Risk Acquires Wholesale Insurance Broker, Houston Surplus Lines July 10, 2019 Texas-based managing general agency and surplus lines broker, LP Risk, has acquired the assets and operations of Houston Surplus Lines,...
Building Soundness Investigated After Nevada University Dorm Blast July 10, 2019 Investigators are assessing the structural safety of two University of Nevada, Reno, dormitories that usually house 1,300 students, days after...
Southern California Quakes Raise Interest in West Coast Warning System July 10, 2019 By John Antczak and Christopher Weber The powerful Mojave Desert earthquakes that rocked California ended a years-long lull in major seismic activity and raised new interest...
California Wildfire ‘Bailout’ for PG&E, Edison Clears Hurdle July 10, 2019 By Mark Chediak and Jeffrey Taylor Utility giants PG&E Corp. and Edison International are one step closer to getting California’s help in covering the costs of...
Pushing and Pulling Lloyd’s Into the 21st Century July 10, 2019 By L.S. Howard Twenty-five years ago, the Lloyd’s of London marketplace was teetering on the brink of insolvency, reeling from billions of dollars...
Family of Massachusetts Youth Killed in Blast Settles Suit Against Company July 10, 2019 By Barbara Goldberg The family of a teenager killed during a 2018 gas explosion that injured a dozen others and destroyed scores of...