Articles

Insurance

‘Speed wins deals’ for underwriters, says SEND

AI can help access and sort data to keep pace with fast evolving risk landscape.   10 November 2023

Insurance

California reforms moving too slowly

Building in high-risk areas and California’s failure to allow sustainable insurance rates are exacerbating climate-related risks, an APCIA panel agreed.   7 November 2023

Insurance

Florida reforms show signs of working but reinsurers remain coy on biggest cat market

Extensive and much-needed regulatory reforms in Florida appear to have worked with new insurers launching—but reinsurers remain wary.   7 November 2023

Insurance

Property casualty sector’s overall reserves improved in 2022

The US property casualty insurance sector reported favourable reserve development for the 17th consecutive year: AM Best.   6 November 2023

Insurance

US P/C players see more downgrades

More downgrades reflect a difficult period for the personal lines segment, according to AM Best.   5 November 2023

Insurance

Florida capacity likely to increase after reforms

Florida legal changes starting to show results, and California needs to take heed, says Fitch senior director Christopher Grimes.   5 November 2023

Insurance

Arthur J Gallagher to acquire Cadence Insurance for $904m

The deal will help grow its presence in US Southeast and Texas across niche lines.   26 October 2023

Insurance

US commercial insurtech emerges from stealth mode with $5m seed funding

Its leadership includes executives from Google, Amazon, Hartford & Travelers.   26 October 2023

Insurance

Rokstone lures AIG leader for top marine role in North America

The MGA aims to dominate the middle-market marine space ‘overlooked’ by carriers.   25 October 2023

Insurance

Gallagher buys New York broker to expand in SME market

The deal is part of its newly launched mergers and acquisitions (M&A) model.   24 October 2023

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