Coastal wetlands provide important natural protection during hurricanes. How much? Natural habitats reduced property damage by about $625 million in the Northeast during Hurricane Sandy in 2012, a new study supported by Lloyd’s of London and conducted by scientists has …
Hub International Limited (Hub), a Chicago, Ill., headquartered insurance brokerage and consultancy firm, has appointed Mary Aikins, RN, BA, CCM, as vice president and practice leader of health and performance for the organization’s East region. In this role, Aikins will …
JLT Re, the London-based reinsurance broker and consultant, has appointed Stephen Punch as managing director, Asia Pacific, for Regional Clients and Retrocession. Punch is expected to join JLT Re in early 2017 after he has completed his contractual obligations with …
The marketplace for commercial insurance will continue to favor insurance buyers in 2017, particularly those with strategic risk management and risk transfer strategies, according to Willis Towers Watson’s 2017 Marketplace Realities report. The report points to strong marketplace capacity as …
The risk of U.K. drivers having an accident in the month following the clocks changing at the end of October* increases by 10 percent, according to Insure The Box, the telematics car insurance provider. And if they are driving between …
Bermuda-based XL Group Ltd./XL Catlin announced senior role changes in connection with a planned realignment of its property/casualty operating model. All of the new appointments are effective as of Jan. 1, 2017. The new P/C organizational structure will consist of …
A study of home insurance trends reveals good news for home insurance carriers: homeowner claims continue to decrease and loss costs are flat or on the decline. The 2016 LexisNexis Home Trends Report notes that while the U.S. has already …
The U.K. Financial Conduct Authority opened a review of its regulatory “mission” as the agency looks to redefine itself under a new chief executive officer following a turbulent year. The regulator said Wednesday that it’s looking to create a “guiding …
Berkshire Hathaway GUARD Insurance Companies has launched a miscellaneous professional liability policy in New Jersey with expansion into a half dozen more states by the end of 2016. The company’s new product is a separate line targeting more than 50 …
The Federal Emergency Management Agency (FEMA) has extended the deadline for National Flood Insurance Program (NFIP) policyholders to file claims from Hurricane Hermine. “After productive discussions between Insurance Commissioner David Altmaier and representatives of the NFIP on ways to assist …
