London wholesaler Miller has raided Ardonagh Specialty’s Price Forbes for a nine-person casualty unit led...
Insurer in Full: Reinsurance market finds stability after four years of hardening
Florida’s Citizens and its broker Gallagher Re have gone out to the traditional reinsurance market this week with the submission for its newly combined personal lines account, commercial lines account and coastal account placement...
Florida’s Citizens and its broker Gallagher Re have gone out to the traditional reinsurance market this week with the submission for its newly combined personal lines account, commercial lines account and coastal account placement...
Article / 19 days ago
AM Best: No significant property insurance impact from NY ‘quake
The 4.8 magnitude earthquake that shook New York and the surrounding area on Friday morning is expected to have no significant financial impact on property insurers in the region,...
The 4.8 magnitude earthquake that shook New York and the surrounding area on Friday morning is expected to have no significant financial impact on property insurers in the region,...
Article / 21 days ago
Windward confirms launch of new FL exchange Ovation Home
Windward Risk Managers has added another carrier platform to its roster with the launch of Ovation Home Insurance Exchange, a Florida-domiciled...
Windward Risk Managers has added another carrier platform to its roster with the launch of Ovation Home Insurance Exchange, a Florida-domiciled...
Article / 24 days ago
Travelers active underwriter Allison and property head Tokley exit
Travelers has seen two high-profile departures from its Lloyd’s operations with the exits of active underwriter and head of specialty Chris Allison...
Travelers has seen two high-profile departures from its Lloyd’s operations with the exits of active underwriter and head of specialty Chris Allison...
Article / 25 days ago
Florida overtakes California as largest surplus lines state in Q1
Surplus lines premium volume in California fell by 0.1 percent in Q1 2024, while growth in Florida's market meant the Sunshine State overtook its...
Surplus lines premium volume in California fell by 0.1 percent in Q1 2024, while growth in Florida's market meant the Sunshine State overtook its...
Article / 25 days ago
Baltimore bridge loss estimated at $1bn-$3bn with Lloyd's share $250mn+
Early analyst estimates are converging around an industry loss of between $1bn and $3bn for the collapse of the Francis Scott Key Bridge in Baltimore...
Early analyst estimates are converging around an industry loss of between $1bn and $3bn for the collapse of the Francis Scott Key Bridge in Baltimore...
Article / 1 month ago
Aon: Mid-March SCS insured losses to run into hundreds of millions
The insured and economic losses from a severe weather outbreak spanning Texas to Ohio from 12 to 16 March will reach into the hundreds of millions of dollars...
The insured and economic losses from a severe weather outbreak spanning Texas to Ohio from 12 to 16 March will reach into the hundreds of millions of dollars...
Article / 1 month ago
CA commissioner Lara: “Not having insurance is not an option”
California's insurance commissioner Ricardo Lara has said a crossroads moment has come for regulators and the insurance industry to work together...
California's insurance commissioner Ricardo Lara has said a crossroads moment has come for regulators and the insurance industry to work together...
Article / 2 months ago
Axis taking corrective action on NA primary casualty book
Axis is taking actions on its North American primary casualty portfolio as part of a reassessment of its underwriting appetite that will include...
Axis is taking actions on its North American primary casualty portfolio as part of a reassessment of its underwriting appetite that will include...
Article / 2 months ago
Corelogic estimates $356mn RCV for properties exposed to Texas's Smokehouse Creek wildfire
CoreLogic has estimated that approximately 1,544 single-family residential properties with a combined reconstruction value...
CoreLogic has estimated that approximately 1,544 single-family residential properties with a combined reconstruction value...
Article / 2 months ago