Amid the most destructive wildfire season in more than a decade, California’s firefighting agency amped up its warnings to thousands of property owners who weren’t doing enough to protect their homes by clearing brush and other flammable materials. But it …
M.J. Hall & Company Inc. has named Pamela Lewis assistant vice president. Lewis began her insurance career with Redland Insurance Co. in 1990. Starting in the crop industry, she progressed to the garage department. She also worked at American Equity, …
The majority of big British businesses that favor Britain remaining in the European Union has dwindled over the last six months, according to a quarterly survey of chief financial officers published on Monday. Accountancy firm Deloitte said 62 percent of …
Revenues and earnings for public U.S. insurance brokers are likely to modestly improve in 2016 relative to levels reported through nine months of 2015, according to Fitch Ratings’ 2016 U.S. Insurance Broker Outlook report. The ratings agency said near-term operating …
Effective January 1, 2016, the group of five Insurance Innovators wholesale insurance brokerages known as The III Group has been renamed AmWINS Access Insurance Services, a division of AmWINS Group Inc. The III Group’s five locations were acquired by the …
Amlin plc, the specialist international insurer, has appointed Lucas Castagnino as lead underwriter, as momentum behind the build out of its Latin America underwriting activities gathers pace. With experience in the Latin American reinsurance market, Castagnino joins from SCOR’s Latin …
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has strengthened its presence in the German casualty market with the appointment of a new four-strong casualty team in its Cologne office. The team will write a book of primary …
Insurers paid out around $27 billion for natural disaster claims last year with weather causing 94 percent of incidents, underscoring the challenge posed by climate change, data from reinsurer Munich Re showed on Monday. While the climate phenomenon known as …
Despite the signs of some pricing stabilization in property catastrophe during the June/July 2015 renewals, hopeful forecasts for a “softening in the softening” in reinsurance pricing have proved elusive, according to Willis Re’s 1st View Report. “The January renewals have …
Honda Motor Co. confirmed last Thursday that a Takata airbag inflator ruptured in a July crash of a Honda Accord and likely led to the death of the young driver, the ninth death in the world linked to the faulty …
