Catastrophe Modelers Estimate Losses From Europe’s Winter Storm Ciara-Sabine at US$2 Billion: Catastrophe modelers are estimating insured property losses of up to €1.9 billion (US$2.06 billion) from Winter Storm Ciara-Sabine, which hit the United ...
Date: February 14, 2020
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Lawsuit Says Progressive Denied Injury Claims Based on ‘Paper’ Reviews: Two Kentucky residents are seeking a federal class-action lawsuit against Progressive Direct Insurance Co., alleging the company improperly and systematically ...
Date: February 14, 2020
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Trump’s 2021 Budget Would Reduce Crop Insurance Subsidies by 26%, Reduce Affordability: President Donald Trump’s fiscal year 2021 budget would cut $3.1 billion from federal crop insurance programs next year, a reduction of 26% that trade ...
Date: February 13, 2020
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Virginia House Takes Up Bill Raising Auto Liability Minimums: The Virginia House of Delegates is considering a bill that would increase minimum coverage for injury and damage in an auto accident.
S.B. 664 would raise ...
Date: February 13, 2020
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AM BestTV: Australian Fires Could Impact Earnings, Reinsurance Markets, Says AM Best Associate Director: In this episode of AMBestTV, AM Best Alex Rafferty, associate director, analytics, said many Australian insurers appear positioned to absorb losses from the ...
Date: February 13, 2020
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ICA Declares Sixth Catastrophe in Australia, Raises Combined Insured Loss Estimate to A$2.56 Billion: Australian insurers have incurred A$2.56 billion (US$1.7 billion) in estimated losses from six catastrophes since September, including February storms and ...
Date: February 11, 2020
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HDI Global Specialty SE Names New Head of Airline: HDI Global Specialty SE has named Frida Kangasniemi to succeed Thomas Broms as head of airline.
Broms retired at the end of last year. Kangasniemi was ...
Date: February 11, 2020
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Farmers Insurance Names Chief Product Officer: Farmers Insurance has named Eric Kappler as chief product officer for Farmers and Bronwyn Koopman to succeed Kappler as president of Bristol West, a member of ...
Date: February 10, 2020
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Tesla CEO Elon Musk Predicts Insurance Will Become a ‘Major’ Company Product: Insurance will become a major product for electric carmaker Tesla, Chief Executive Officer Elon Musk predicted during a fourth-quarter earnings call.
His ...
Date: February 07, 2020
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Fintech Buckle Partners With Lyft on Combined Personal and Commercial Auto Policies: Fintech company Buckle has partnered with ride-hailing service Lyft to offer its drivers combined personal and commercial automobile policies, starting in ...
Date: February 07, 2020
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