Investor interest in insurtech is expected “to remain hot across all regions of the world” during 2017, following strong growth in 2016, according to a report published by KPMG. In the coming year, most insurtech investments likely will focus on …
The Delaware Department of Insurance has announced that it has begun the search for a new Director of the Bureau of Captive Insurance and Financial Products once current director Steve Kinion’s contract expires April 1, 2017. This is because the …
The vice chairman of state-owned People’s Insurance Group of China is being investigated for alleged discipline violations, the ruling Communist Party’s anti-corruption watchdog said on Thursday, employing the usual euphemism for corruption. Wang Yincheng is the latest senior official of …
The initial estimate of the insured property market loss for extra-tropical cyclone Egon, which hit France and Germany in January, is €212 million (US$223.3 million), according to PERILS, the independent Zurich-based organization that provides industry catastrophe insurance data. While the …
Beecher Carlson Insurance Services LLC is expanding its West Coast operations with the appointment of Keith Newell as its managing director. Newell will be primarily based in the firm’s Woodland Hills, Calif. office. Newell’s focus is on new business strategies …
The members of the Surplus Line Association of California have elected Tom Ciardello, senior executive vice president of Worldwide Facilities LLC, as the chair of the SLA board of directors. Ciardello’s election was finalized after the SLA tallied the final …
A regulatory clampdown on speculation by insurers and new limits on outbound capital flows are causing one of China’s most acquisitive industries to hit the brakes. Chinese insurers, after announcing almost $100 billion of deals over the past three years, …
EU capital rules for insurers need some tweaks but are not a deterrent to investment in infrastructure as some insurers’ claim, the Bank of England said on Wednesday. Officials from Aviva and Legal & General, two of Britain’s biggest insurers …
Miss Kentucky USA runner-up has pleaded not guilty to an arson charge, accused of setting her roommate’s bed on fire at an apartment complex near the University of Louisville. WAVE-TV reports 22-year-old Christen McAllister appeared before a judge on Tuesday …
Climate change is being felt in many coastal communities of the United States, not always in the form of big weather disasters but as a steady drip, drip, drip of nuisance flooding. According to researchers at the University of California, …
