Increasing Competition, Flat Exposures Put Drag on Surplus Lines: A.M. Best September 5, 2017 For a second consecutive year, underwriters of surplus lines insurance in the United States generated just modest growth in direct...
Small Quake Strikes Alaska’s Cook Inlet September 5, 2017 A magnitude 3.3 earthquake has hit the Cook Inlet region of Alaska, the Alaska Earthquake Center confirmed. The center reported...
Earthquakes Rattle Southeast Idaho: USGS September 5, 2017 The U.S. Geological Survey confirmed a moderate magnitude 5.3 earthquake has rumbled through southeast Idaho. There were no immediate reports...
Western U.S. Wildfires Force Evacuations of Thousands September 5, 2017 Wildfires forced thousands to flee their homes across the U.S. West during a sweltering, smoke-shrouded holiday weekend of record heat....
Pre-Monte Carlo Outlook: Reinsurance Rates to Drop Up to 7.5% Despite Harvey September 5, 2017 By Carolyn Cohn Global reinsurance rates are likely to fall by up to 7.5 percent at Jan 2018 renewals due to strong competition,...
Florida in State of Emergency as Category 5 Hurricane Irma Threatens September 5, 2017 By Abigail Morris and Javier Blas Florida declared a state of emergency before a possible hurricane strike after Irma strengthened to become a Category 5 storm...
New York’s BOLT Solutions Hires Temple as Managing Director September 5, 2017 BOLT Solutions Inc., a New York-headquartered provider of an online distribution and customer support platform for the property and casualty...
Federal Officials Recommend Fining New Jersey Transit System September 5, 2017 A federal inspector has recommended imposing a fine on New Jersey’s public transportation system as it falls behind on installing...
Two Charged in Scheme Selling Pennsylvania Driver’s Licenses September 5, 2017 An employee at Pennsylvania’s Department of Transportation granted driving privileges to more than 30 people without requiring them to show...
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...