Kevin Thompson has been appointed chief executive of RSA Ireland after being approved by the regulator Central Bank of Ireland. He will replace Ken Norgrove, who is moving to the role of CEO of Codan/Trygg-Hansa, RSA Group’s Scandinavian business. Thompson …
VIBE Syndicate Management (VIBE), announced the closure of its Accident & Health and Property Direct & Facultative (D&F) business units with immediate effect. “As we continue our strategic review of the VIBE business we have decided to cease underwriting new …
Industry insured losses from Typhoon Faxai, which made landfall in Japan on Sept. 9, will be between 340 billion Japanese yen (US$3 billion) and 740 billion yen (USD 7 billion), estimated Boston-based catastrophe risk modeling firm AIR Worldwide. Typhoon Faxai …
The global leader in flood risk management, JBA Risk Management, launched the first probabilistic global flood model, which allows re/insurers to model river and surface water flood at 30 meters (98.4 feet) resolution worldwide. The Global Flood Model not only …
Tropical storm Humberto has now intensified into the third Atlantic hurricane of 2019 with top sustained winds of 75 mph, according to weather.com meteorologists in a report issued on Sept. 15. The majority of the showers, thunderstorms and strongest winds …
American Financial Group Inc. announced that Martin Reith intends to resign his executive roles with Neon, including stepping down as group CEO of Neon, effective Sept. 30, 2019. He will remain a member of the Neon Underwriting Ltd. (NUL) Board …
U.S. Senators John Kennedy (R-La.) and Mazie Hirono (D-Hawaii) have introduced legislation to allow active duty service members to sue the military for medical malpractice and negligence. A Supreme Court decision in 1950 banned active duty service members from suing …
AmerisourceBergen Corp., Cardinal Health Inc., CVS Health Corp. units and other prescription drug distributors and pharmacies moved to bounce Cleveland federal judge Dan Polster from the massive opioid liability case he’s overseeing, claiming he’s likely biased against them. The Saturday …
Alera Group has acquired Makro Enterprises in Las Vegas, Nev. Makro will join Alera Group through local firm GLB Insurance. Terms of the deal were not disclosed. Makro offers employee benefits and insurance services for clients throughout Las Vegas and …
North Carolina Gov. Roy Cooper is seeking a federal disaster declaration for 13 counties affected by Hurricane Dorian. Cooper made the request to President Donald Trump’s administration Friday. If approved, money would be available to help with the cost of …
