Asta Managing Agency Ltd. and Everest Re Group Ltd. announced the Lloyd’s Franchise Board has granted “in principle” approval to establish and manage a new dedicated corporate syndicate backed by Everest Re, with initial gross premium of £102 million ($151 …
The article Asta Managing Agency Launches Everest Syndicate 2786 appeared first on Insurance Journal.
Neil Woodford cashed in his entire 107.5 million-pound ($166 million) stake in Amlin Plc after Tuesday’s takeover offer by a Japanese competitor sent the Lloyd’s of London insurer’s shares to a record high. The fund manager sold 16.4 million Amlin …
The article Woodford Investment Mgmt Cashes in Amlin Stake After Record Takeover Offer appeared first on Insurance Journal.
A King County Superior Court judge is considering which claims can be brought in a civil trial that will explore whether anyone should be held responsible for the deadly Oso, Wash. mudslide. The Daily Herald reported that Judge Roger Rogoff …
The article Washington Judge Sets Limits in Civil Case over Deadly Oso Mudslide appeared first on Insurance Journal.
Members of the American Chamber of Commerce group urged China on Friday to allow more access to its insurance and other service industries, saying foreign skills could help develop its volatile stock markets and cope with disasters like the recent …
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QBE North America said that it has named former Fireman’s Fund executive Kathleen O. Zortman as president, Standard Lines, for property/casualty insurance. Zortman will have responsibility for QBE North America’s commercial, personal, program and agriculture businesses. Zortman has been an …
The article QBE North America Names Fireman’s Fund’s Zortman as President, Standard Lines appeared first on Insurance Journal.
Upstate New York health insurer Excellus BlueCross BlueShield on Wednesday said its computer systems and those at affiliates had been breached, exposing data from more than 10 million members, in the latest case to show the industry is still struggling …
The article New York Health Insurer’s Data Breach Puts 10M Records at Risk appeared first on Insurance Journal.
Law enforcement officials in six states are launching their 24th annual “Hands Across the Border” campaign aimed at catching motorists driving under the influence. The five-day campaign kicked off August 31 involving law enforcement agencies in Georgia, Alabama, North Carolina, …
The article Six Southeast States Team Up to Combat Driving Under the Influence appeared first on Insurance Journal.
Pennsylvania Insurance Commissioner Teresa Miller is advising consumers that the Pennsylvania Insurance Department is available to help homeowners adhere to reasonable requests by insurers to make their properties safer and avoid possible cancellation or non-renewal of their homeowners’ coverage. Miller …
The article Penn. Advises Homeowners to Reduce Property Hazards, Avoid Coverage Loss appeared first on Insurance Journal.
Partner Re announced that its Board of Directors has appointed Emmanuel Clarke as President of PartnerRe Ltd. effective immediately. He will be responsible for leading and managing all of the Company’s operations. PartnerRe also said that David Zwiener, Interim President …
The article Clarke Appointed PartnerRe President as Acquisition by EXOR Progresses appeared first on Insurance Journal.
The day during the Atlantic hurricane season when a tropical storm or worse is most likely to be swirling around the basin may come and go with a whimper. The best the Atlantic probably will come up with by Thursday, …
The article Hurricane Season’s Peak: Gone with the Wind Shear appeared first on Insurance Journal.