What Agents Should Know About Flood Insurance Changes in Effect April 1 April 1, 2015 Starting today, when flood insurance policyholders go to renew their policies, they could be quoted premium increases ranging from 15...
Hamilton Completes Sportscover Acquisition; O’Donohoe is MGA CEO April 1, 2015 The Bermuda-based Hamilton Insurance Group has completed the acquisition of Sportscover Underwriting Limited, the Lloyd’s managing agent for Syndicate 3334,...
Willis Re 1st View Report: Cycle Strained; ILS Funds Not Immune April 1, 2015 “The urgent – and ever increasing – need for change across the reinsurance industry as it forms a new paradigm”...
Allied World Completes Acquisition of RSA’s Hong Kong, Singapore Units April 1, 2015 Allied World Assurance Company Holdings, AG announced that it has completed the acquisitions of the Hong Kong and Singapore operations...
PERILS Updates Insurance Industry Exposure Database & Adds Austria April 1, 2015 Catastrophe insurance data provider PERILS AG announced the release of the 2015 update for its Industry Exposure Database (IED), “contains...
Catlin Completes Disposal of Investment in Box Innovation Group April 1, 2015 Catlin Group Limited announced that its subsidiary, Catlin Insurance Company Ltd. (CICL), “has completed the sale of its investment in...
ICAT Launches Special Purpose Lloyd’s Syndicate for Mid-Sized U.S. Risks April 1, 2015 Colorado-based natural disaster recovery specialist ICAT announced that Lloyd’s of London has granted approval of Special Purpose Syndicate 6123 to...
Philippines Braces for Super Typhoon Maysak; People Head to Beaches April 1, 2015 By Cecilia Yap and Ditas Lopez The Philippines placed its military on its highest alert level and asked millions of people heading to beach resorts for...
Kentucky Lawsuit Against Oxycontin Makers Stalled by Deadline Dispute April 1, 2015 By Adam Beam What does it cost to miss a deadline? For the company that makes the prescription painkiller Oxycontin, the answer could...
Mayor of Mississippi City Declares Infrastructure Emergency April 1, 2015 Jackson, Miss., Mayor Tony Yarber has signed an emergency declaration for Jackson’s infrastructure system. The Clarion-Ledger reports the state of...