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LSG US, a business process outsourcing company, has launched a new web application for legal bill review that uses a pricing model that should save insurers money. 7 December 2017
Insurance
Technology-driven risk solutions provider Sedgwick Claims has acquired management and loss adjusting firm Cunningham Lindsey. 6 December 2017
Insurance
Bermuda-based RenaissanceRe Holdings estimated the losses from the October 2017 California Wildfires will have a net negative impact of $90 million on its fourth quarter 2017 results of operations. 6 December 2017
Insurance
The US Federal Emergency Management Agency (FEMA) is submitting a claim to recover the full $1.042 billion in reinsurance coverage under its 2017 Reinsurance Program. 6 December 2017
Insurance
A flurry of wildfires torched more than 65,000 acres in Southern California and are likely to have destroyed hundreds of buildings, according to news reports. 6 December 2017
Insurance
American International Group (AIG) has appointed Tom Bolt as chief underwriting officer, general insurance. 5 December 2017
Insurance
Reinsurance broker JLT Re has appointed Desmond Bohan as senior vice president to focus on the expansion the company’s programme practice in North America. 5 December 2017
Insurance
Specialist insurer Hiscox has appointed Megan McConnell to the role of director of underwriting for Hiscox Re in London. 5 December 2017
Insurance
Global Atlantic Financial Group will reinsure around $9 billion of fixed annuities and other spread-based reserves following The Hartford's sale of Talcott Resolution. 5 December 2017
Insurance
The total estimated insured losses caused by hurricane Irma reached $6.29 billion in Florida as of Dec. 4, 2017, according to data from the Florida Office of Insurance Regulation. 5 December 2017
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