Hurricane Harvey Puts Pressure on Regional Insurers in Texas, Says A.M. Best September 5, 2017 Losses anticipated from Hurricane Harvey are unlikely to exceed the top reinsurance limits of insurers writing business in Texas, according...
Texas Deputy Insurance Commissioner Brady Retires September 5, 2017 Texas Department of Insurance Deputy Commissioner for Agency Affairs Kevin Brady has retired effective Aug. 31, after 33 years with...
AGCS Expands Terrorism, Political Violence Coverage for U.S. Businesses September 5, 2017 Allianz Group’s specialist corporate insurer Allianz Global Corporate & Specialty (AGCS) has launched coverage for U.S. businesses when faced with...
XL Innovate Backs Construction Risk Management Platform Pillar September 5, 2017 Pillar Technologies, which uses sensors to capture and distribute risk data on construction sites in real time, has secured $2.75...
Why Federal Flood Program Is Sinking Deeper Into Debt: CBO Report September 5, 2017 By Andrew G. Simpson The federal flood insurance program is on a course to continue falling deeper in debt, even when there is no...
Japan Post Plans $9.1B-$12.8B Share Sale as Early as Sept. 11 September 5, 2017 By Takahiko Hyuga and Maiko Takahashi Japan Post Holdings Co. will announce plans for a share sale by the government as early as Sept. 11, almost...
Hub International Western Region President Taylor to Retire September 5, 2017 Hub International Limited, a global insurance brokerage, announced Roy Taylor, president of the Western Region for HUB, is retiring effective...
Florida Apartment Fire Caused by Lightning Strike Displaces 38 People September 5, 2017 A lightning strike set a Florida apartment building on fire, forcing 38 people to evacuate. Fire officials said the fire...
Fosun’s Plans for Overseas Growth ‘Don’t Clash’ with China’s M&A Crackdown September 5, 2017 By Bloomberg News Fosun International Ltd., one of the companies in the cross hairs of a Chinese government crackdown on offshore acquisitions, says...
South Carolina Couple Sues Amazon Over Faulty Eclipse Glasses September 5, 2017 By Meg Kinnard A South Carolina couple is suing online retailer Amazon over what they claim were faulty pairs of eclipse glasses that...