The UK’s Managing General Agents’ Association (MGAA) has expanded its membership into the Republic of Ireland (ROI) following an initiative driven by Chief Executive Mike Keating. The move to enable MGAs, insurers and suppliers to join the association is designed …
Brookfield Asset Management Inc.’s reinsurance unit has agreed to buy insurer American National Group Inc. for about $5 billion, the Wall Street Journal reported on Monday, citing people familiar with the matter. Started in 1905 by William Lewis Moody Jr., …
Flood loss estimates, secure private messaging, money laundering detection and severe weather parametrics are the objectives of a few in a group of startups chosen by Lloyd’s of London for its latest Lloyd’s Lab innovation accelerator programme. Lloyd’s said its …
The share of policyholders who filed a cyberattack claim jumped by 50% from the first half of 2000 compared to the first half of 2001, according to a new report by cyber insurer Coalition. An increasing number of attacks were …
At-Bay pulled in a whopping $185 million in new financing that the cyber insurance startup plans to use for new product development, expansion into new markets and hiring more employees. Including the new round, the managing general underwriter said it …
The maker of the rifle used in the Sandy Hook Elementary School shooting has offered some of the victims’ families nearly $33 million to settle their lawsuit over how the company marketed the firearm to the public. Lawyers for now-bankrupt …
The New York State Department of Financial Services (DFS) has issued a report analyzing New York domestic insurers’ management of the financial risks from climate change based on their 2020 responses to the National Association of Insurance Commissioners (NAIC) Climate …
Delaware environmental officials have issued a notice of violation to Mountaire Farms in Millsboro after a contractor damaged a pipeline and treated wastewater spilled into Swan Creek. The notice from the Department of Natural Resources and Environmental Control states a …
King County has agreed to pay $1.5 million to settle a civil rights and wrongful death lawsuit filed by the family of a young pregnant Muckleshoot mother of three fatally shot by sheriff’s deputies. Renee Davis’ death, which happened while …
The American Property Casualty Insurance Association submitted comments in opposition to stakeholder draft regulations which will make Washington Commissioner Mike Kreidler’s emergency regulations banning the use of credit-based insurance scores permanent for three years. APCIA is again calling on the …