Despite the global reinsurance sector’s “robust capital position” and “very high rate rises,” which are expected to “carry on for the remainder of year, and continue for major renewals in 2021,” S&P Global Rating’s credit outlook for the sector will …
Optisure Risk Partners has hired Wendy Bagley as a personal lines and private client account executive. She brings more than 30 years of experience in personal lines and insurance expertise to this new role and is based in New Hampshire. …
The New Hampshire workers’ compensation insurance market will continue to experience historically low rates in 2021, according to a press release issued by the New Hampshire Insurance Department. This comes after the New Hampshire Insurance Department approved a rate proposal …
Element Risk Management has acquired two new insurance agencies in Pennsylvania. Barrick & Associates of Hanover, Penn., and Danner’s Insurance, with locations in East Berlin and Biglerville, Penn., are now part of Element Risk Management. Family owned for more than …
Fires caused nearly $4 million in estimated damages over the first 18 days of protests this summer in Richmond, Va., according to an analysis by city emergency officials. Richmond fire crews responded to 48 fires between May 29 and June …
Berkley One (a Berkley company) has launched its Collector Vehicle product in Minnesota and and made rating enhancements to its coverage in Michigan. Berkley has provided collector vehicle owners coverage since 1974 and most recently transitioned Berkley Classics into Berkley …
The global agriculture platform of Sompo International Holdings, AgriSompo, has entered into a strategic broking relationship with InVivo Group, a national union of 201 member cooperatives representing more than half of all farmers in France. Working through the Group’s Bioline …
Elephant Insurance is now offering discounted car insurance rates to customers working from home. Policyholders and spouses working from home and driving less are eligible to receive the new discount, depending on the number of days driven to work and …
London Underwriters has released a beta version of its new online platform, Bunch, in the state of Texas. London Underwriters, which has administrated its own proprietary Lloyd’s of London commercial property program for 10 years and launched several platforms for …
Insurance Office of America has added Jeremy Moreno as a commercial property/casualty and employee benefits risk advisor. Moreno specializes in agriculture, construction, and employee benefits. He was previously a vice president and risk advisor with Tolman & Wiker Insurance Services. …