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Insurance
The Florida Office of Insurance Regulation (Office), Florida Department of Financial Services (DFS), and the Florida Office of the Attorney General (AG) have signed a national life claims settlement concerning the one-sided use of the Social Security Administration’s Death Master File (DMF) to stop paying a deceased person’s annuity. 5 August 2016
Insurance
Broker Willis Towers Watson has appointed James Jackson as the new head of FINEX Financial Institutions for Great Britain. He was previously a regional leader within the US FINEX FI team. 10 July 2017
News
Brazil’s major reinsurer IRB Brasil Resseguros has filed for an initial public offering in the São Paulo Stock Exchange. 10 July 2017
Insurance
Bermuda-based Validus Holdings has named Kean Driscoll as the president of the company. 11 May 2017
Insurance
ANV Underwriters, the managing general underwriter (MGU) segment of insurer ANV, has appointed Florian Tischer into its mergers and acquisitions (M&A) insurance team. 8 October 2015
Insurance
Wildfire risk is considered a “new major peril” by reinsurers after the heavy losses of recent years. But the industry has a much better understanding of this risk following investments in risk models and better education about the nature of the risk. 20 October 2019
Insurance
Advent Solutions Management (Advent), a specialist provider of support services for start-ups, entrepreneurs and managing general agents (MGAs), has unveiled plans to create a multi-discipline insurance business with gross assets of $100 million. 19 April 2016
Insurance
Citizens Property Insurance Corporation, a Florida-based windstorm coverage and general property insurance firm, has informed customers that there are some “important policy contract changes” coming up for Citizens multi-peril residential policyholders starting July 1. 1 June 2016
News
Broker-dealer BMS Capital Advisory has appointed Steve Korducki as general securities representative. 31 March 2015
Insurance
Economic losses from the wildfires impacting Sonoma, Napa, Solano, Lake, and Mendocino counties are estimated at between $6 billion and $8 billion, according to catastrophe risk modelling firm RMS. 30 October 2017
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