Greenlight Capital Re Ltd., the Cayman Islands-based specialist property and casualty reinsurance company, announced that Barton Hedges will be stepping down as chief executive officer on March 31, 2017. Hedges will also step down from the company’s board of directors. …
XL Catlin’s insurance operations announced it has extended its partnership with S-RM, the London-based specialist risk and business intelligence consultancy, effective Jan. 1, 2017. S-RM becomes XL Catlin’s provider of choice for delivering kidnap response services to XL Catlin’s kidnap …
Investigators suspect the driver of a truck that plowed into a crowd at a Berlin Christmas market, killing 12 people and injuring 48, did so intentionally in a terrorist attack, police said on Tuesday. The truck crashed into people gathered …
Climate scientists worried that President-elect Donald Trump will slash their budgets and sideline their research are entering survival mode, trimming the words “climate change” from study proposals, emphasizing business applications of their work, and safeguarding data that shows global warming …
Florida-Based managing general underwriter Vertus Insurance Partners has launched a supplemental insurance policy targeting homeowners in hurricane prone states. Available now in Florida, CAT4Home will provide complete hurricane deductible reimbursement and additional coverage for select exposures typically limited or excluded …
Alabama Gov. Robert Bentley has created a new state council to address what the governor called a growing crisis of opioid misuse and addiction. The governor made the announcement at a Dec. 15 news conference at the Alabama Capitol. The …
Dolly Parton says a star-studded telethon for those affected by recent wildfires in her native Tennessee has brought in about $9 million. Parton headlined the event on Dec. 13 that was broadcast on several cable networks and livestreamed online. Parton …
The percentage of companies that don’t participate in the Texas workers’ compensation system has fallen to the lowest level since 1993, the agency that regulates this line of insurance in the state has reported. In its Biennial Report to the …
Guidewire Software, which serves property/casualty insurers, has agreed to acquire another insurance software firm, San Jose, California-based ISCS, for $160 million in cash. The deal gives Guidewire entry into the small carrier market and additional expertise in cloud-based products. The …
The Illinois Department of Insurance has posted in the Illinois Register a second notice of the approval by the Illinois Joint Committee on Administrative Rules (IJCAR) of rules concerning size limits on large deductibles for workers’ compensation insurance policies. The …
