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Puerto Rican governor pegs quake losses at $110mn
A 6.4-magnitude earthquake last Tuesday triggered widespread blackouts on the crisis-battered island.
John Hewitt Jones
,
January 13, 2020
AmTrust sued by former California employee over alleged harassment
The plaintiff is seeking up to $2mn in damages amid claims of a hostile work environment.
John Hewitt Jones
,
January 13, 2020
War insurers set to pay for plane hull with Iran admission
The roughly $53mn cost of the aircraft’s hull will fall on the carrier’s war policy, sources said.
John Hewitt Jones
,
January 13, 2020
Demotech warns of possible downgrades for 18 Florida carriers
The agency confirmed on Monday that it would take action imminently on some carriers' ratings.
James Thaler
,
January 13, 2020
AJ Gallagher closes Capsicum takeover as Chily returns
Capsicum founder Grahame Chilton re-joins the buyer as global P&C chairman, with other management remaining in place.
Rachel Dalton
,
January 13, 2020
Liberty Mutual Re adds Swiss Re’s Burke to casualty treaty team
The experienced legal and claims executive will underwrite and service a variety of accounts.
Samuel Casey
,
January 13, 2020
R&Q lines up PE veteran Spiegel to replace Randall
The Pine Brook founder (pictured) becomes deputy chairman immediately and will take the chairman's role in about a year's time.
Anna Sagar
,
January 13, 2020
CAC slams Marsh USA poaching lawsuit as ‘paper thin’
CAC asked a judge to throw out a suit over the hiring of 30 employees and leave allegations involving Mike Rice to arbitration.
Christie Smythe
,
January 10, 2020
Willis Re lures head of international P&C Moss from Lockton Re
A number of other senior casualty brokers have resigned from the family-owned broker in London.
Adam McNestrie
,
January 10, 2020
UPC upsizes minor perils reinsurance cover
Total protection for non-cat natural hazards rises $10mn to $140mn.
Lucy Jones
,
January 10, 2020
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