Two university of Hawaii researchers say climate change is affecting rainfall on Hawaii Island. The researchers say heavy rainstorms are occurring more often on the Big Island. The Honolulu Star-Advertiser reported Ying Chen and Pao-Shin Chu reported their findings in …
Hub International Limited has added Bobbi Curry and Robyn Welch to its entertainment practice in Los Angeles, Calif. Curry, named managing director of entertainment, focuses on commercial risks including live event production and music and touring risks. Welch, named managing …
Automakers are adding wireless technologies into vehicles without enough protection to keep hackers from interfering the operation of a car or stealing personal information, according to a report by U.S. Senator Edward Markey. Cars are now being built with Bluetooth, …
Bermuda-based Argo Group International Holdings Ltd., the underwriter of specialty insurance and reinsurance products, reported net income for the year ended December 31, 2014 of $183.2 million or $6.90 per diluted share, compared to $143.2 million or $5.14 per diluted …
Workplace wellness doesn’t seem to be all that high on the list for small businesses, where getting employees active and moving seems to be taking a back seat to other priorities. A poll designed to find out how much small …
Bermuda-based Montpelier Re Holdings Ltd. has reported its financial results for the fourth quarter and year ended December 31, 2014. Net income available to common shareholders was $48.8 million in the fourth quarter of 2014, compared to $73.4 million in …
Catalina Holdings (Bermuda) Ltd. announced that, following receipt of regulatory approvals from the Bermuda Monetary Authority and the District of Columbia Department of Insurance, Securities and Banking, it has completed the transfer of residential construction liabilities in run-off from NationsBuilders …
All but four states and the District of Columbia address the insurance carrier’s duty to notify an insured of its renewal plans. This is known in insurance circles as the “conditional renewal” notification requirements. Conditional renewal statutes and administrative rules …
Catlin Group Ltd., the Lloyd’s of London insurer being bought by XL Group plc, reported a 13 percent rise in full-year pretax profit as it increased its payout to shareholders. Pretax profit was $488 million in the 12 months to …
The changing dynamics in the specialist property/casualty sector continue to encourage merger and acquisition activity in the London market. A new briefing from A.M. Best notes that the need for insurers to leverage analytical capabilities and increase line size is …
