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Rates need to be fair but also should not be “destructive of competition”.
Few claims have been filed thus far, as damages have been highly localized.
The ongoing demonstrations could have law enforcement liability implications.
Pegram had been at Liberty Mutual for over six years in various senior roles.
Van Bakel said that AI can help triage thousands of disaster claims.
Volante’s syndicate may still support select transactional liability risks, but it will not have an in-house team.
Lara approved an interim rate increase for the company just weeks ago.
The deal triples Hippo’s new homeowner leads and extends Baldwin’s MGA capacity.
The executive brings nearly 30 years of liability experience to the role.
The suit, filed in Florida federal court, is Uber’s second RICO case.
Brokers across London and Bermuda have handed in their notice to join the start-up reinsurance broker.
Chubb told insurers to look inward in the fight against LitFin, but insurers are also tied to that industry.
The Bermuda-based team is led by John Fletcher.
Argo shelved the sale of its Bermudian insurance business in mid-2024.
Case added that recently acquired broker NFP has “exceeded” expectations.
The broker is launching a reinsurance arm in partnership with Bain Capital.
White Mountains invested $150mn in the retail platform earlier this year.
Insurers have termed the Democrat-backed legislation “flawed”.
The executive has 15 years of experience in meteorology and cat analytics.
The panel aimed to highlight “synergies” between insurance and litigation finance.
This publication revealed back in February that Itel was being prepared for a sale.
The deal values the company, formerly PCF, at roughly $5.7bn.
The line is being launched by Joe Cala and Scott Harper, sources said.
DUAEs are increasingly leveraging specialized expertise to address underserved risk.
Catastrophe losses in Q1 exceeded $50bn, the second highest on record.
Competitor news
Competitor news
Competitor news
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High general liability losses are cause for concern despite modest improvements in other lines. -
The reinsurer confirmed Andrew Phelan’s exit, as of 15 May.
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Companies often purchase policies with limits far exceeding their actual exposure needs.
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From our other titles
From our other titles
From our other titles
From Insurance Insider US
Compre appoints HSCM’s Bardon to newly created CUO role
Rachel Bardon will also join the board of Compre's Bermuda-based reinsurer Pallas Re.
In Partnership With
Swiss Re Corporate Solutions
From Insurance Insider
Climate change remains a ‘pervasive threat’ to economy: Swiss Re CorSo North America CEO McGrath
Parametric insurance and multi-year, multi-line structured solutions are two tools that can help insureds manage natural catastrophes, said Katie McGrath, regional CEO of North America for Swiss Re Corporate Solutions.
From Insurance Insider ILS
State Farm, Citizens and Twia mull mega-bond deals equal to ~$3bn
The mega cat bond season in Q2 last year recorded issuance of $8.2bn.
From Insurance Insider ILS
Casualty ILS market can double annually in next two years: MultiStrat CEO
Industry sources estimate the market to be around $3bn.
From Insurance Insider
Arcas promotes Deane to MD, head of US
The firm also promoted Devin Inskeep to an expanded role as SVP, head of ratings and advisory.
In Partnership With
Falvey Insurance Group
From Insurance Insider
‘Successful MGAs Must Bring Real Value’: Falvey
Jack Falvey, CEO of Falvey Insurance Group, talked to Insider on Air about what sets his MGA apart in an increasingly crowded field and why “just having relationships” isn’t enough anymore.
Insurance Insider provides robust insights, sharp analysis and exclusive news on the global insurance-linked securities market.
Insurance Insider ILS provides robust insights, sharp analysis and exclusive news on the global insurance-linked securities market.