Atlanta, GA, August 7, 2019 — Stephen Manahan has joined the Specialty Property Program team of Blue River Underwriters, part of Breckenridge Insurance Group, as vice president, underwriting. Manahan brings more than 25 years of expertise in underwriting property and …
Willis Towers Watson has released an updated version of its Radar pricing software. With regulatory pressure increasing to demonstrate transparency in pricing, Radar 4.5 delivers a range of metrics that provides companies with valuable insights on pricing fairness to support …
Argo Group International Holdings Ltd. reported a drop in net income and a spike in its Q2 2019 combined ratio, due to higher catastrophe losses. At the same time, rate increases helped boost both gross written and net earned premiums. …
Michael Gove, the minister in charge of planning for a no-deal Brexit, blamed the European Union for failing to engage on a new agreement, deepening the diplomatic standoff between the two sides less than three months before the U.K. is …
German reinsurer Munich Re on Wednesday reported a 36% rise in net profit in the second quarter, helped by low claims from major losses, and stuck to its forecast for 2019. Net profit was 993 million euros ($1.11 billion), up …
State Farm said it is reducing its Kansas homeowners insurance rates by an average of 2.2 percent. The total statewide expected savings impact for State Farm customers by this rate decrease is approximately $5.1 million. The rate decrease is effective …
Alliant Insurance Services, headquartered in Newport Beach, California, has acquired Fred Daniel & Sons, based in Tulsa, Oklahoma. Fred Daniel & Sons brings nearly 100 years of experience and a legacy of excellence in commercial and personal insurance under the …
Global insurance brokerage, Hub International Limited (Hub), has acquired the assets of Truss LLC (Truss), headquartered in Kansas City, Missouri. Terms of the transaction were not disclosed. Truss has more than 40 years of commercial insurance expertise in the construction, …
Wisconsin Democratic Gov. Tony Evers is crediting a reinsurance program adopted by his Republican predecessor Scott Walker for leading to lower health insurance rates in 2020. Evers on Friday announced that rates will decrease on average 3.2%, thanks to the …
Richmond, Virginia-based specialty insurer Kinsale Capital Group said it intends to offer 530,000 shares of common stock in a public offering. Kinsale said it also expects to grant the underwriters a 30-day option to purchase up to an additional 79,500 …
