Underinsurance of Property Is Growing Global Challenge: Swiss Re Report September 15, 2015 The underinsurance of property risk – particularly natural catastrophe risks – has risen steadily over the past 40 years, even...
Drought Reaches Severe Level in Parts of North Carolina September 15, 2015 Drought conditions are getting worse in western North Carolina, according to the most recent U.S. Drought Monitor assessment released Sept....
Report: Florida Cities Most Vulnerable to Storm Surge September 15, 2015 By Amy O'Connor Four of the top eight cities most vulnerable to a major storm surge are located in Florida, according to a...
First Trial Begins Against DuPont Over West Virginia C-8 Exposure September 15, 2015 By Jessica Dye Chemical giant DuPont faced its first trial Monday in litigation from residents near one of its plants in West Virginia...
AssuredPartners Expands Kentucky Presence With Western Rivers Acquisition September 15, 2015 AssuredPartners Inc., has acquired Western Rivers Insurance of Paducah, Kentucky and Insurance Center of Murray, Kentucky. The agency’s 22 employees...
XL Catlin Strengthens Team in Mexico with 3 Senior Appointments September 15, 2015 XL Catlin announced it is further strengthening its insurance operation in Mexico with the following three appointments: Juan Pablo Caso...
Alibaba’s Finance Arm Plans $188 Million Investment in Cathay Insurance September 15, 2015 By Cindy Wang and Lulu Yilun Chen Alibaba Group Holding Ltd.’s finance arm is strengthening its foothold in the insurance business with plans to invest about 1.2...
Aon Launches Cat Model for Marine & Energy Insurers September 15, 2015 Aon Benfield announced it has invested in an innovative catastrophe model to help marine and energy insurers more accurately assess...
Holborn Hires Strauss as Senior VP in New York September 14, 2015 Holborn, an independent reinsurance broker based in New York, hired Frederick M. Strauss as senior vice president. In this role,...
ABA Insurance, BakerHostetler to Provide Cyber Risk Management Program for Banks September 14, 2015 ABA Insurance Services (ABAIS) launched a new cyber insurance product for banks that are insured through ABAIS to help them...