Pool Re, the state-backed UK reinsurer that covers terrorism related commercial property losses, announced the launch of the International Forum of Terrorism Risk Re/Insurance Pools (IFTRIP). The formation of IFTRIP is the culmination of a Pool Re led initiative, which …
A U.S. judge expressed skepticism toward a bid by Airbnb to halt a San Francisco law that imposes fines on home rental companies for processing bookings by hosts not registered with the city. In its lawsuit against San Francisco, Airbnb …
Following last week’s appointment of Christopher S. Curtin as head of Wholesale Property, Everest Insurance has made a number of additions to its wholesale property division. Maria Grace joins Everest as vice president based in the company’s Boston office. Prior …
American International Group Inc. was sued by former staff who say they were denied $100 million in bonuses amid public outrage over derivative trades that crippled the insurer and threatened the stability of global financial markets. Details of the U.K. …
Lemonade, the new peer-to-peer insurance company that opened for business last month, has named John Peters as its chief underwriting officer. At Lemonade, Peters will be responsible for insurance product terms and conditions, pricing levels, risk and concentration management, and …
The medical malpractice insurance industry’s premiums remain essentially flat, having dropped only very slightly (0.1 percent) from last year across the industry, according to the 2016 Medical Liability Monitor Annual Rate Survey. For 75 percent of insurers in the survey, …
Lockton has named six executives in Houston to key roles in its expanding Energy and Marine risk management practice. Tim Woodard will serve as senior vice president and director of Energy and Marine. He has been with Lockton for 18 …
GEICO has just introduced its ridesharing product to 10 more states – Alabama, Idaho, Kansas, Delaware, Maine, Tennessee, Wisconsin, Minnesota, Missouri and North Dakota – in addition to the product being offered in 24 states and the District of Columbia. …
A Wilmington man convicted of the murder-for-hire killings of his business partner and the partner’s wife will spend the rest of his life in prison. Thirty-four-year-old Christopher Rivers received two life sentences plus 50 years Friday in the deaths of …
Argo Pro, a Jersey City, N.J., based member of specialty insurance and reinsurance underwriter Argo Group International Holdings Ltd., has appointed Richard Edsall to serve as senior vice president of commercial management liability. In this role, Edsall will report to …
