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27
08, 2015
Florida Prepares for Possible Hurricane Erika on Monday
Florida advised residents and tourists to check disaster kits and escape plans as chances rise the state will face its first hurricane strike in 10 years. Tropical Storm Erika, which has triggered storm watches and warnings throughout the Caribbean Leeward …
The article Florida Prepares for Possible Hurricane Erika on Monday appeared first on Insurance Journal.
25
08, 2015
Increase in Sinkholes Leaves West Virginia City Struggling
Officials in Huntington, W. Va., are scrambling to deal with an increase in sinkholes across the city. Heavy rainfall and aging infrastructure have contributed to the increase, and the city lacks resources to do more than deal with sinkholes as …
The article Increase in Sinkholes Leaves West Virginia City Struggling appeared first on Insurance Journal.
25
08, 2015
Farmers’ Almanac Predicts Harsh Winter for Northeast in 2016
It’s not what Bostonians want to hear: The Farmer’s Almanac says another rough winter is in your stars. A year after Boston was pummeled with the snowiest winter on record, editors of the Maine-based publication have dubbed their latest forecast …
The article Farmers’ Almanac Predicts Harsh Winter for Northeast in 2016 appeared first on Insurance Journal.
26
08, 2015
Florida’s West Coast Facing Sinkhole Risk After Month of Wet Weather
The onslaught of rain that drenched parts of Florida over the past month unleashed widespread flooding that left the ground soppy and saturated. Geologists say that under all the water weight, another problem could be brewing out of sight: sinkholes. …
The article Florida’s West Coast Facing Sinkhole Risk After Month of Wet Weather appeared first on Insurance Journal.
26
08, 2015
Nationwide Rebrands Crestbrook, Expands Affluent Client Offerings to 4 States
Nationwide Private Client insurance products and services for affluent clients are now available in four new states: Alaska, Idaho, Minnesota, and Tennessee, bringing the total number of states served to 16. Nationwide Private Client business formerly went under the name …
The article Nationwide Rebrands Crestbrook, Expands Affluent Client Offerings to 4 States appeared first on Insurance Journal.
25
08, 2015
Typhoon Goni Makes Landfall on Japan, Causing Injuries, Evacuations
Typhoon Goni made landfall on Japan’s southernmost main island of Kyushu, causing injuries and prompting evacuation orders. Cancellations of airline and train service affected thousands of people. Goni, which had been the strength of a category 3 hurricane, came ashore in …
The article Typhoon Goni Makes Landfall on Japan, Causing Injuries, Evacuations appeared first on Insurance Journal.
27
08, 2015
UK’s PI Insurance Sector Expected to Grow by Almost 6% Annually: Report
The professional indemnity and directors & officers insurance sector has grown constantly since 2012 and is expected to continue the upward trend until at least 2019, according to the findings of a new report by London-based business intelligence company, Timetric. …
The article UK’s PI Insurance Sector Expected to Grow by Almost 6% Annually: Report appeared first on Insurance Journal.
25
08, 2015
Fitch: Downward Pricing Pressures in Reinsurance Market Begin to Slow
The reinsurance market showed signs of decelerating rate declines in its most recent June/July 2015 renewals, indicating that pricing could be approaching a new equilibrium, says Fitch Ratings in a new global sector report. Reinsurance pricing has experienced downward pressures …
The article Fitch: Downward Pricing Pressures in Reinsurance Market Begin to Slow appeared first on Insurance Journal.
25
08, 2015
Small Fleet Managers Would Choose Insurer for UBI Service: Survey
More than half of small fleet managers are likely to stay with their current insurance carriers rather than switching if their insurer offers usage-based insurance (UBI) programs, according to a new survey by analytics firm Lexis Nexis. If an alternate …
The article Small Fleet Managers Would Choose Insurer for UBI Service: Survey appeared first on Insurance Journal.
26
08, 2015
UK Broker Towergate Contributes to £20 Million Gallagher Lawsuit Settlement
The lawsuit filed by Arthur J. Gallagher against the former CEO of its international brokerage operation, David Ross, who defected to Towergate earlier in the year – has been settled for a payment of £20 million ($30.9 million). Gallagher filed …
The article UK Broker Towergate Contributes to £20 Million Gallagher Lawsuit Settlement appeared first on Insurance Journal.