Perils Pegs Final Loss for 2023 Australian Christmas Storms at $1 Billion: Perils AG raised its insured loss estimate to A$1.61 billion ($1.00 billion) for Christmas 2023 storms in Australia in the property catastrophe data firm's ...
Date: December 20, 2024
|
Dubai Aerospace Reaches $201 Million Insurance Settlement Related to Russia: Dubai Aerospace Enterprise Ltd. announced $201 million in settlements over the past three months related to aircraft leased in Russia.
The aircraft lessor ...
Date: December 20, 2024
|
IBC CEO: Trudeau Government Fails to Budget for Promised National Flood Program: Following a record-setting summer of insured losses, the Canadian government failed to include in its fall economic statement the money needed to create a ...
Date: December 20, 2024
|
December Issue of Best’s Review Ranks US Ocean Marine Writers and More: December’s Best’s Review includes the following exclusive rankings:
Top 25 US Writers – 2024 Edition:
-- Ocean Marine
-- Inland Marine
-- Fire and ...
Date: December 20, 2024
|
Louisiana Workers' Compensation to Acquire Prescient National: Louisiana Workers’ Compensation Corp., one of the state’s largest workers’ comp carriers, is acquiring North Carolina-based national workers’ comp carrier ...
Date: December 19, 2024
|
New York Taxi Insurer Files $450 Million Suit Over ‘Hundreds of Thousands’ of Fraud Claims: Taxi and for-hire vehicle carrier American Transit Insurance Co. filed a lawsuit seeking $450 million over what it said are hundreds of thousands of fraudulent ...
Date: December 18, 2024
|
Judge Rejects Eagles ‘Fumbled’ COVID-19 Business Interruption Reconsideration Request: A U.S. district court judge rejected a request to reconsider a COVID-19 business interruption coverage lawsuit filed by NFL team Philadelphia Eagles against ...
Date: December 18, 2024
|
AM Best Comments on Credit Ratings of Louisiana Workers’ Compensation Corporation Following Announced Acquisition of Prescient National Insurance Company: AM Best has commented that the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of a+ (Excellent) of Louisiana Workers’ ...
Date: December 18, 2024
|
AM Best Comments on Credit Ratings of Prescient National Insurance Company Following Announced Acquisition by Louisiana Workers’ Compensation Corporation: AM Best has commented that the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” (Excellent) of Prescient National ...
Date: December 18, 2024
|
Ryan Specialty's Alive Risk to Absorb MGU Paradiso Risks Post Acquisition: Ryan Specialty said its Alive Risk sports, leisure and entertainment-focused managing general underwriter will absorb Paradiso Risks following its acquisition ...
Date: December 16, 2024
|
|