Eight months after it declared a moratorium on the licensing of captive insurance companies and risk retention groups, the Alabama Department of Insurance has posted a clarification. The March bulletin and an extension of the moratorium issued in September do …
Alabama DOI Says Captive Moratorium Does Not Apply to Foreign RRGs Read More »
A $180,000 Range Rover customized for NBA legend Shaquille O’Neal was stolen in Georgia earlier this month, and law enforcement is still on the hunt for it. The Lumpkin County Sheriff’s Office in northeast Georgia said investigators believe the SUV …
Shaq Hacked: Shaquille O’Neal’s Custom Range Rover Stolen in Transport Read More »
The Trump administration is moving to overrule any state laws that may protect consumers’ credit reports from medical debt and other debt issues. The Consumer Financial Protection Bureau has drafted what’s known as an interpretative rule related to the Fair …
Trump Administration Targets State Laws Shielding Credit Reports From Medical Debt Read More »
In the rush to improve customer experience, many insurers have overlooked a critical group of stakeholders: the independent brokers and agents who sell their products every day. With this group now numbering over 1 million individuals in the U.S., they …
Don’t Forget the Front Line: Why Insurers Need to Research the Agent Experience Read More »
Web Connectivity Ltd. (WCL), a Zywave company, announced the launch of its enhanced platform for treaty risk placement in Bermuda, marking a milestone in the digital transformation of the reinsurance market. Developed in close collaboration with leading RI brokers and …
Tech Update: WCL Launches Digital Treaty Placement Platform in Bermuda Read More »
The Fidelis Partnership (TFP) announced the launch of Syndicate 2126 in partnership with funds managed by Blackstone, the alternative asset manager and private equity company, following in-principle approval from Lloyd’s. The syndicate will write across a number of property, specialty …
The Fidelis Partnership Launches 2nd Lloyd’s Syndicate, Backed by PE Firm Blackstone Read More »
Hurricane Melissa is forecast to dissipate in the Atlantic Ocean next week, bringing wet and windy weather to northern Europe after wrecking havoc across the Caribbean. The record-setting storm left a trail of destruction in Cuba, Haiti and Jamaica, causing …
Hurricane Melissa to Bring Wet, Windy Weather to Northern Europe Read More »
As Hurricane Melissa sweeps past Bermuda, new satellite data of Jamaica has revealed devastation for tourist center Montego Bay and much of the Western part of the country. At least 40% of the buildings and roads in the worst-hit areas …
Satellite Data Reveals Hurricane Melissa Damage in Jamaica Read More »
Soaring temperatures are killing nearly 550,000 people around the world each year, part of a heat death toll that’s climbed more than 20% on a population-adjusted basis since the 1990s, according to the latest edition of the Lancet’s annual report …
Hot Weather Is Killing More Than Half a Million People a Year Read More »
Canopius Group, headquartered in Chicago, named John Tiesi as U.S. Head of Financial Lines. Tiesi leads the financial lines portfolio across Canopius’ U.S. operations. Tiesi has over 25 years of experience in financial and professional liability underwriting, with expertise in …
People Moves: Tiesi Joins Canopius as US Head of Financial Lines Read More »
