Guy Carpenter & Company announced that Paul Summers will be joining the company as managing director and head of International Facultative Reinsurance, following completion of his current contractual notice period. He will assume this role from Massimo Reina, who will …
China’s insurance regulator estimates the payout in the fatal Yangtze cruise ship capsizing last week, which killed more than 400 people, at around 92.5 million yuan ($14.91 million), the official Xinhua news agency reported on Wednesday. The China Insurance Regulatory …
Aspen Re has appointed Douglas De Couto as head of portfolio analytics. De Couto will be joining Aspen Re from RenaissanceRe where until recently he was assistant vice president, corporate risk, a role in which he led a team responsible …
This post is part of a series sponsored by CoreLogic. Amongst Texans, nearly every conversation about weather over the last several years has focused on the ongoing drought that has resulted in water supply shortages and mandatory restrictions of water …
I hate to say I told you so. Actually, scratch that. I love to say I told you so. I just wish it weren’t necessary in this case. Back in January, when Congress passed a six-year extension of the federal …
A report issued today shows California has more than 2 million homes at “high” or “extreme” wildfire risk, as the multi-year drought continues stoke fears among some experts of a potentially devastating wildfire season. Verisk Insurance Solutions released its 2015 …
Uber lost a bid to force arbitration in a lawsuit brought by its drivers, as a U.S. judge ruled the smartphone-based taxi service’s 2013 and 2014 employment contracts dealing with arbitration from were “unconscionable, and therefore unenforceable.” The ruling, from …
Ironshore Inc. has named Kevin Whitehead as executive vice president and chief underwriting officer of the Specialty Casualty unit. He will be responsible for setting underwriting guidelines and strategies for existing and new product lines for Specialty Casualty nationwide. He …
A national upswing of health insurance rates is coming to Pennsylvania, and that could mean bigger-than-expected cost increases next year for at least a couple hundred thousand Pennsylvanians who bought insurance in the marketplace created by the 2010 federal health …
MarketScout, the national electronic insurance exchange and specialty MGA, has expanded its specialty high net worth underwriting practice with the addition of a new non-admitted $3.1 billion facility targeting agents with specialty expertise in the high net worth homeowners segment. …
