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Insurance
French chemicals producer Arkema on Aug. 31 reported two explosions and black smoke coming from its flooded plant in Crosby, Texas. 31 August 2017
Insurance
Specialty insurance holding Navigators Group has made three new appointments in its US marine division. 31 August 2017
Insurance
US-based Prudential Group Insurance, part of Prudential Financial, has appointed Paul Gable as its chief underwriting officer. 31 August 2017
Insurance
Insurance broker Lockton has hired a new producer from Aon to join its Kansas City operation and manage client risks. 31 August 2017
Insurance
Economic losses caused by wind, storm surge, and inland flood from Hurricane Harvey could be as high as U.S. $70-90 billion, according to data provider RMS. 31 August 2017
Insurance
French chemicals producer Arkema warned on Aug. 30 that its Crosby, Texas facility which makes organic peroxides is likely to explode and cause a subsequent intense fire. 31 August 2017
Insurance
Based on a company specific loss analysis, Hurricane Harvey is not “the catastrophe” the industry has been waiting for that could reverse pricing declines in the ultra-soft commercial property market, Credit Suisse analysts said in an Aug. 29 note. 30 August 2017
Insurance
The Property Casualty Insurers Association of America has called on the US Congress to pass an extension of the National Flood Insurance Program (NFIP). 30 August 2017
Insurance
The US property/casualty (P&C) industry recorded a net underwriting loss of $5.1 billion for the first six months of 2017, a deterioration from the loss of $2.0 billion in the prior year period, according to ratings agency AM Best. 30 August 2017
Insurance
Munich Re and Swiss Re may face the biggest losses from Harvey among the companies covered by Bernstein analysts, according to an Aug. 30 report. 30 August 2017
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