A teenager injured in an accident on an Iowa amusement ride that killed his younger brother remained on life support Wednesday as he turned 16, his family pastor said. David Jaramillo has been in a medically induced coma at Blank …
BMS Re has acquired Trean Intermediaries, a Wayzata, Minn.-based independent reinsurance broker and services company. BMS Re has acquired Trean in full, with staff and infrastructure transferring to BMS Re. Sean Ryan, president of Trean, will assume the newly created …
Consilium, the London-based insurance and reinsurance broker, part of the Aventum Group, has unveiled “Exponential,” a new global delegated underwriting authority (DUA) service for coverholders, which aims to disrupt the prevailing market for binder placements and help coverholders grow their …
Club Med and AXA Partners have signed an agreement to offer an insurance policy designed to cover unforeseen events that travelers may encounter before, during or after their trip, including COVID-19. The “Serenity Protection Plan” insurance policy includes coverage for …
In today’s International People Moves, appointments are detailed from AXIS Re, Lockton Re and catastrophe modeling company RMS. A summary of these new hires follows here. AXIS Re, the reinsurance business segment of AXIS Capital Holdings Ltd. announced the appointment …
A somber moment of silence marked the end of the two-week search for survivors of a Florida condominium collapse, as rescue workers stood at solemn attention and clergy members hugged a line of local officials while many of them sobbed. …
Tropical Storm Elsa was carving a destructive and soaking path up the East Coast after killing at least one person in Florida and spinning up a tornado at a Georgia Navy base that flipped recreational vehicles upside-down and blew one …
A recent fire In Columbia County, Georgia has been ruled arson, according to Insurance and Safety Fire Commissioner John F. King’s Fire Investigations Unit. The fire occurred on Sullivan Hartfield Road in Evans and was reported at approximately 6:43 p.m. …
The Texas Windstorm Insurance Association has begun its annual rate filing process, which will kick off with a July 21 meeting. TWIA’s Actuarial & Underwriting Committee is set to review the rate adequacy analysis prepared by the association’s actuarial staff. …
Scottish American has acquired Kaliff Insurance of San Antonio, Texas. Terms of the deal were not disclosed. Kaliff Insurance was founded by Morris H. Kaliff in 1917. Today, his grandson Mitchell Kaliff is the third-generation leader of the company. Kaliff …