Ratings Agencies Expect Reinsurance Premiums to Continue Dropping in 2017 September 7, 2016 Reinsurance premiums are likely to continue to fall next year, ratings agencies said on Tuesday, following years of weaker prices...
Negative Reinsurance Sector Outlook Not Changing Anytime Soon: A.M. Best September 7, 2016 A.M. Best said its outlook for the reinsurance sector remains negative due to a multitude of factors, and it will...
China’s Anbang Turns Attention to Digesting $13.5B of Overseas Deals September 7, 2016 Anbang Insurance Group Co., known for its aborted attempt to buy Starwood Hotels & Resorts Worldwide Inc. in March, is...
Fitch: No Credit Implications for Florida State-Run Insurers From Hermine September 7, 2016 Hurricane Hermine, the first hurricane to make landfall in Florida in 11 years, is not likely to have a significant...
Florida Approves Nearly 70K Citizens Policies for November Take-Outs September 7, 2016 The Florida Office of Insurance Regulation (OIR) has approved the following companies to participate in the November Citizens Property Insurance...
BlackRock Says Investors Must Weigh Climate Change Like Insurers Are Doing September 7, 2016 By Simon Jessop and Trevor Hunnicutt BlackRock Inc., the world’s largest asset manager, said all investors should factor climate change into their decision-making and doing so...
Family of Tennessee Man Who Died While Scuba Diving in Florida Sues Dive Shop September 7, 2016 The wife of a Tennessee man who died during a scuba dive in the Florida Panhandle is suing the dive...
South Carolina’s College of Charleston Bans Alcohol at Greek Events September 7, 2016 No more beer pong for fraternities and sororities at the College of Charleston, at least for now. The South Carolina...
Hudson Insurance Launches Commercial Excess & Umbrella Unit, Taps Farrell to Lead September 6, 2016 Hudson Insurance Group has launched its new commercial excess and umbrella business unit that will provide coverage on a non-admitted...
Berkshire Agrees to Stop Selling EquityComp Policies in California September 6, 2016 California Insurance Commissioner Dave Jones on Tuesday approved an order agreed to by California Insurance Co. and Applied Underwriters Captive...