Auto Losses Seen Cutting P/C Insurance Profits Until 2016 August 10, 2015 By Andrew G. Simpson The property/casualty insurance industry has made money on its personal lines underwriting since 2013 but that is likely to change...
Below-Normal Atlantic Hurricane Season Now Even More Likely: NOAA August 10, 2015 The U.S. Climate Prediction Center’s updated 2015 Atlantic Hurricane Season Outlook calls for a 90 percent chance of a below-normal...
S&P Maintains Ironshore on CreditWatch Negative Pending Fosun Approvals August 10, 2015 Standard & Poor’s Ratings Services announced that it has extended its CreditWatch with negative implications on Ironshore Inc. and Ironshore...
Navigators Group Settles Probe Into Iran, North Korea Sanctions Violations August 10, 2015 By Katherine Chiglinsky Navigators Group Inc., the insurer that focuses on marine risks, agreed to settle a U.S. probe that it violated sanctions...
ACE Launches Website for Employers’ Liability Clients in UK & Ireland August 10, 2015 ACE has launched ACE Risk Manager, a website designed for its employers’ liability (EL) clients in the UK and Ireland....
Typhoon Soudelor Kills at Least 9 in China After Lashing Taiwan, Killing 5 August 10, 2015 At least nine people were killed in China’s eastern Zhejiang province as the remnants of Typhoon Soudelor dumped the heaviest...
ANV Launches EPLI Risk Management Hotline August 10, 2015 ANV Global Services Inc., the North American managing general underwriter (MGU) segment of global speciality insurance group ANV, has launched...
AmWINS Adds Brott, Vecchio, Oliver to Southeast August 10, 2015 AmWINS has added Matt Brott, Rob Vecchio, and Nick Oliver to its Southeast area offices. Brott joined AmWINS Brokerage of...
Marsh Acquires South Carolina-Based Technology Provider Dovetail Insurance August 10, 2015 Marsh has signed a definitive agreement to acquire Dovetail Insurance, a provider of insurance technology services tailored to the U.S....