29 Million Flood Risk Properties Lie Outside Official Flood Zones: CoreLogic December 6, 2017 An estimated 23 percent of residential and commercial properties in the U.S. are at high or moderate risk of flooding...
Insurtech MGA Wrisk Gets UK Regulatory Authorization December 6, 2017 On the heels of its recent successful crowdfunding raise, the app-based insurtech managing general agent Wrisk has made another major...
Senator Wants Tougher Rules for Double-Decker Tour Buses in New York City December 6, 2017 By David Klepper A lawmaker is raising concerns about double-decker sightseeing buses in New York City, saying Monday that tougher regulations are needed...
Maine’s Lynam Insurance Agency Hires Jagger December 6, 2017 Lynam Insurance Agency, a full-service, independent insurance agency based in Bar Harbor, Maine, has hired John Jagger as an insurance...
Swiss Re Purchases 1.1 Million Life Policies from Legal & General for $873.6M December 6, 2017 Swiss Re has agreed to purchase 1.1 million life insurance policies from UK insurer Legal & General Group (L&G) for...
Allied World Appoints MacLeod as Australia Country Manager December 6, 2017 Allied World Assurance Co. Holdings announced that Iain MacLeod has been appointed senior vice president, Country Manager, Australia. He will...
As China’s Financial Sector Opens, Acute Talent Shortage Could Hinder Growth December 6, 2017 By Sumeet Chatterjee In the last two years, more than 30 global asset managers have been awarded licenses to set up wholly-owned units...
Pool Re, UK’s Cranfield University Co-Fund Terrorism Risk Mgmt. & Resilience Professorship December 6, 2017 Pool Re and Cranfield University announced the appointment of Professor Andrew Silke as the professor of Terrorism Risk Management and...
U.S. Flood Program to Collect $1 Billion in Reinsurance for Hurricane Harvey Claims December 6, 2017 The Federal Emergency Management Agency (FEMA) is seeking to recover the full $1.042 billion of its reinsurance coverage to help...
Former Wells Fargo Insurance Exec Jennings to Lead Lockton in the Southeast December 6, 2017 Lockton’s Southeast team has appointed Cheryl Jennings as the new Southeast Commercial Insurance Department (CID) practice leader. Jennings joins Lockton...