News

Insurance

Sedgwick appoints UK liability claims leader

The appointee has 30+ years of experience in insurance and loss adjusting firms.   1 September 2023

Insurance

Markel jumps into Vesttoo bankruptcy case over $128m fraudulent LOCs

It claims two LOCs were found to be fraudulent in collateralised reinsurance transactions.   1 September 2023

Insurance

Post-Idalia Atlantic in ever higher hurricane drive

Models show some ‘quite aggressive’ warnings heading into the season peak.   1 September 2023

Insurance

Starr Insurance snags AIG leader for global expansion role

The executive to lead international financial lines and professional liability.   31 August 2023

Insurance

Citizens, Progressive, Chubb, Allstate and AIG to face top Idalia losses

Personal lines carriers will take reinsurance recoveries, key equity brokerage believes.   31 August 2023

Insurance

3M seeks $1.6bn from insurers to plug $6bn product liability deal

3M continues to review its broader coverage for further recovery possibilities.   31 August 2023

Insurance

Hurricane Idalia may hold insured losses to low single digit billions

‘This is not the devastating event that was feared even 24 hours ago.’   31 August 2023

Insurance

Idalia hits Florida at Cat-3 and drives Northeast; right-side storm surge eyed

Some 267,631 customers were already out of power in Florida by 10:40, grid watcher says.   30 August 2023

Insurance

Big 4 reinsurers show only ‘moderate’ appetite to date in hard market

Anti-cyclical buffer-building is tempering gains from higher premiums and lower nat cat.   30 August 2023

Insurance

Hurricane Idalia: experts call out storm surge and inland wind risks

Storm surge includes 4-6 foot threats in Tampa Bay area; Tallahassee remains wildcard.   30 August 2023

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