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Florida tort reform measure reaches state Senate judiciary committee

Current rules allow lawyers in some insurance cases to collect up to 30 times what an insured is awarded for a claim.

Bernard Goyder, January 31, 2020
Iran jet crash (re)insurers making progress with sanctions issues: UIA CEO

The Ukrainian airline executive said insurers are seeking permission from the US to make payments.

John Hewitt Jones, January 31, 2020
Nephila's Stratosphere bond has broad use for ILS primary access: Fitch

The cat bond could help lower barriers to collateralised participation in primary business, says the ratings agency.

Fiona Robertson, January 31, 2020
Selective’s commercial unit helps offset weakness in personal and E&S

Selective reported strong earnings in Q4, but with results partially offset by remediation work in its smaller E&S segment and a more competitive personal insurance market.

IPC Research, January 31, 2020
Rate growth impact ‘evident but not material’: CEO Case

The executive says retention and new business wins drive growth.

Samuel Casey, January 31, 2020
Axis earnings call: AXS tentatively completes re-underwriting in 2019

The dominant theme on Axis’ Q4 call was that Axis remains a work in progress.

IPC Research, January 31, 2020
Brokers point to both rate increases and an acceleration of increases

Marsh’s global insurance market index hit 11% in Q4, up almost 9pts YoY.

IPC Research, January 31, 2020
Thursday’s Q4 broker bonanza

On Thursday we got a better look at broking trends, including slower growth at MMC, improved synergy guidance on JLT, and continued positive trends at AJ Gallagher and Truist.

IPC Research, January 31, 2020
Bushfires trigger state of emergency for Canberra

A fire to the southwest of the Australian capital is “out of control” and over 21,500 hectares in size.

Anna Sagar, January 31, 2020
Capital One burns through first $100mn of cyber tower

First-party claims account for most of the payout, with further third-party claims from the 2019 breach still to come.

Catrin Shi, January 31, 2020

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