Industry News

Best's Reviews

A.M. Best Senior Director: Insurers Are Pursuing a Range of Post-Brexit Plans

Aug 17, 2018 Catherine Thomas, senior director of analytics, A.M. Best, said insurers are creating subsidiaries, building new relationships and...

Axis Capital Appoints Head of Product Center for Reinsurance Unit

Aug 17, 2018 Marcus Pollak was appointed to the newly created role of head of product center for the reinsurance arm of Axis Capital Holdings Ltd. Based in...

Hub International to Provide Coverage to Medical, Recreational Cannabis Industries

Aug 17, 2018 Hub International Ltd. said it has launched a comprehensive cannabis insurance and risk services to provide coverage to medical...

Legacy Insurer Darag Appoints Chief Financial Officer

Aug 17, 2018 Legacy insurance acquirer Darag has named James Halley as group chief financial officer, effective Sept. 3 and pending regulatory approval. Halley’s...

Insurance Journal

After Delay, Louisiana OKs Planting of Medical Marijuana

Aug 17, 2018 Louisiana’s first legal crop of medical marijuana can be planted this week. Agriculture Commissioner Mike Strain, whose agency regulates the burgeoning...

AIR Worldwide Updates Wildfire Model with Event-Based Risk Management Approach

Aug 17, 2018 Catastrophe risk modeling firm AIR Worldwide (AIR) has released an updated Wildfire Model for the United States designed to provide a...

School System in North Carolina County Lawsuit Accused of Neglect, Discrimination in Suit

Aug 17, 2018 A lawsuit filed against a North Carolina school system and its board of education says an elementary school in need of repairs was...

SECURA Insurance Adds Switzer as Market Manager in Kentucky

Aug 17, 2018 Appleton, Wis.-based SECURA Insurance has added Lisa Switzer as market manager for Kentucky. Switzer brings 28 years of experience in the insurance industry to her...

Claims Journal

Wildfires Have Burned 3 Times More of California to Date Than in 2017

Aug 17, 2018 California’s wildfires are now burning through land at a pace more than three times faster than last year’s blazes. About 4,200 fires have charred 726...

Western States Politicians Focus on Wildfire Risks at Lake Tahoe Summit

Aug 17, 2018 The large and deadly wildfires burning in California post a stark reminder of the risk that fires pose to the Lake Tahoe Basin, Nevada and California...

FEMA Denies Treating Puerto Rico Residents Differently

Aug 17, 2018 The Federal Emergency Management Agency says it didn’t handle housing vouchers for displaced residents of Puerto Rico any differently from those of displaced Texas...

Dog Bite Leads Southwest Air to Limit Emotional Support Animals to Dogs, Cats

Aug 17, 2018 Southwest Airlines Co. will limit customers to only one dog or cat as an emotional support animal, changing its policy after a biting incident on a...

Business Insurance

Employers likely to prevail in LGBT cases at Supreme Court with Kennedy retirement

Jun 28, 2018 Employers will likely have an easier time combating claims of...

Validus recruits executive from XL

Jun 28, 2018 Validus Specialty Underwriting Services Inc. has recruited Bob Eells from XL Group to be senior vice president...

Lockton reports revenue increase

Jun 28, 2018 Lockton Cos. L.L.C. reported $1.57 billion in revenue for fiscal year 2018, a 9.9% increase over fiscal year 2017...