Marsh Appoints Glod as Global Head of Aviation and Space; Ambrose as Global Chairman; Kline to Lead US Aviation and Space Business Marsh appointed Brian Glod as global head of aviation and space and Tony Ambrose as global chairman of …
Two homes on the North Carolina Outer Banks sit precariously in the high waves with their days seemingly numbered. Since 2020, 11 neighboring homes have fallen into the Atlantic Ocean. While the swells from storms like Hurricane Erin make things …
Two More Beach Homes Near Collapse as Erin’s Waves Pound NC Outer Banks Read More »
Reinsurance underwriting remains disciplined, with terms and conditions and attachment points largely intact, despite signs of rate moderation, according to an AM Best market segment report. During the January 2023 renewals, the global reinsurance market saw a significant recalibration, which …
Reinsurers Have Made Major Structural Changes to Improve Profits. Will Discipline Last? Read More »
Two construction workers who contracted Legionnaires’ disease while working at a site in New York City have filed lawsuits against two construction management firms they allege should be held responsible for the workplace conditions that caused them to contract the …
Two Workers Sue Over New York City Legionnaires’ Disease Outbreak Read More »
Governments and employers should take urgent action to help protect the health of workers who are increasingly exposed to extreme heat, the United Nations said on Friday. Climate change is making heatwaves more common and intense, and workers worldwide are …
‘Urgent Action’ Needed to Protect Workers From Heat Stress in Warming World: UN Read More »
Hurricane Erin is muddling computer models and making forecasters, analysts and traders question the accuracy of the outlook for heat, wind and storms across Europe next week. Erin, which churned through the Atlantic 330 kilometers (205 miles) off the North …
Hurricane Erin Is Disrupting Both Europe’s Weather and Forecasts Read More »
Yet another property insurance carrier has been approved to do business in Florida, this one a sister company to Monarch National Insurance, based in Tallahassee. Viceroy Preferred Insurance Co. is at least the 15th new insurer to enter the Florida …
Yet Another HO Insurer, Viceroy, Approved for Florida Market, Regulators Say Read More »
The Oregon Division of Financial Regulation (DFR) recently received its five-year accreditation from the National Association of Insurance Commissioners (NAIC). The purpose of NAIC accreditation is to ensure that state insurance departments meet baseline standards of solvency regulation, particularly with …
Oregon Division of Financial Regulation Earns NAIC Accreditation Read More »
Brokers in western states take note: there is new help for wildfire risks. Specialty re/insurer SiriusPoint Ltd. is offering capacity to managing general underwriter Arden Insurance Services LLC for a wildfire exposed risks program that includes embedded parametric coverage. Arden’s …
Markets/Coverages: Arden’s Parametric Wildfire Risk Program Backed by SiriusPoint Read More »
When Hurricane Helene barreled across several southern states last fall, it destroyed homes and killed more than 150 people. The storm also took out one of the country’s main factories producing intravenous fluid bags widely used in hospitals. The ensuing …
How Hurricanes, Fires and Floods Put Drugs and Medical Supplies at Risk Read More »
