Risk Appetite Statements Driving Shift in Reinsurance Buying Decisions: Willis Re March 22, 2016 By L.S. Howard The rising adoption of formal risk appetite statements is having a dramatic effect on reinsurance buying decisions, with purchasing power...
Arthur J. Gallagher to Buy Kane Group’s Insurance Management Operations March 22, 2016 Itasca, Ill.-headquartered Arthur J. Gallagher & Co. announced it has reached an agreement with Kane Group to acquire its insurance...
Mauritius-Based Reinsurance Solutions Launches London Subsidiary March 22, 2016 Reinsurance Solutions Group announced the launch of its London subsidiary, Reinsurance Solutions London Ltd. Reinsurance Solutions is a Mauritius-based reinsurance...
Update: Explosions Rip Through Brussels Airport & Subway; Death Toll Rises March 22, 2016 By James G. Neuger and Jonathan Stearns Belgium was on the highest terror-alert level after three bombings in Brussels on Tuesday killed at least 31, injured more...
Shipping Industry Had Safest Year in a Decade in 2015: Allianz Report March 22, 2016 The shipping industry saw its safest year in a decade in 2015, according to a new report from Allianz Global...
Chubb Names Claims Management Team in Europe March 22, 2016 Chubb announced a number of appointments within its claims management team in Europe, with immediate effect. All the following positions...
Affirmative Insurance Liquidation Hearing Set for March 24 in Illinois March 22, 2016 On March 1, 2016, Affirmative Insurance Co. was declared insolvent by at least $31 million by Acting Illinois Insurance Director...
North Dakota Insurance Department Recovers $3.4M for Consumers in 2015 March 22, 2016 North Dakota’s chief insurance regulator says his agency recovered or saved $3.4 million for the state’s citizens in 2015. This...
Alabama Supreme Court Overturns $12.6M Verdict in Workplace Accident Case March 22, 2016 The Alabama Supreme Court has overturned a $12.6 million judgment in a lawsuit resulting from a workplace accident. The justices...
South Carolina Paid $40M to Settle Road Claims Since 2010 March 22, 2016 A newspaper in South Carolina has reported the state has paid about $40 million since 2010 to settle road claims...