ILS Market Hits New Record of $70B in 2015: Willis Capital Markets & Advisory January 20, 2016 Total non-life insurance linked securities (ILS) capital reached a record $70 billion at year-end 2015 – topping the previous record...
Poland’s Largest Insurer, PZU, Appoints Executive at Bank of America as CEO January 20, 2016 By Marta Waldoch PZU SA appointed Michal Krupinski, an executive at Bank of America Inc. and former deputy treasury minister, as chief executive...
Intact Insurance Launches Commercial Drone Insurance in Canada January 20, 2016 Canadian insurer Intact Insurance has launched drone insurance for its commercial lines customers. This Unmanned Air Vehicle (UAV) coverage caters...
NFIB, Markel to Offer Workers’ Comp Coverage to Small Businesses January 20, 2016 The National Federation of Independent Business (NFIB) and Markel FirstComp, a division of Markel Service, Inc., have formed a new...
Update: Zurich Insurance Group Expects Q4 2015 Loss in General Insurance January 20, 2016 By Jan-Henrik Förster and Jeffrey Vögeli Zurich Insurance Group AG fell to the lowest in more than three years after Switzerland’s biggest insurer put shareholders on...
39 Alabama Counties Impacted by Christmas Storms to Receive Aid January 20, 2016 Alabama Gov. Robert Bentley has requested federal disaster assistance for counties impacted by the severe storms last month. Bentley announced...
Tennessee City Seeking Solutions to Flash Flooding Problem January 20, 2016 South Pittsburg, Tenn., officials are hoping to find a way to end flash flooding in the town after a Christmas...
Florida-Based BKS-Partners Promotes Desmarais to Benefits Director January 20, 2016 Baldwin Krystyn Sherman Partners (BKS-Partners) has promoted Kristy Desmarais to Benefits director.
Kentucky Health Cooperative Placed in Liquidation January 20, 2016 Citing the need to preserve remaining assets, the Kentucky Health Cooperative (KYHC) was placed in liquidation Jan. 15 at the...
Former California Insurance Commissioner, Past NAIC President Barger Dies January 19, 2016 Richards D. Barger, a former insurance commissioner and a former president of the National Association of Insurance Commissioners, died on...