After two passengers on their luxury cruise tested positive for Covid-19 in March, Emilio and Barbara Hernandez were so frantic to get off the ship, they wrote a note to the captain. The Costa Luminosa sailed on with them still …
WCF Insurance has named Mark Wall regional vice president over Arizona, Colorado and Nevada. Wall will report to Kevin Peterson, senior vice president of sales and distribution, and will be responsible for collaborating with WCF business leaders, developing agency relationships, …
Villages in an Alaska region are preparing for possible evacuations because of an increased possibility of spring flooding. The state’s emergency operations center is monitoring melting ice on rural rivers in the Yukon-Kuskokwim Delta, KYUK-AM reported. Entire villages may need …
Diverging from strategies of some competitors, Markel Corp. established a big reserve for a chunk of its potential COVID-19 exposure for the entire year—putting up $325 million for direct potential losses. The holding company for specialty insurance and reinsurance, ILS …
The Maryland Insurance Administration has reviewed and approved a filing from its authorized workers’ compensation rating organization, the National Council on Compensation Insurance (NCCI), regarding a temporary rule change for workers’ compensation insurance. This comes after the administration issued a …
CFC, a specialist insurance provider in emerging risk, has appointed Shannon Groeber to the newly created role of executive vice president. Working from CFC’s office in New York, Groeber will be responsible for leading the company’s cyber strategy for its …
Everest Insurance has named Yashar Jafari as director of the Alternative Solutions Group, where he will lead the newly-formed Tax Liability underwriting team. Jafari will be based out of the company’s New York City office. Jafari joins Everest after spending …
New York City Comptroller Scott M. Stringer has called on three multi-national insurance companies to end business ties with the coal industry, a move he says will protect clients from the effects of climate change and ensure long-term value for …
Lockton Re, the global reinsurance business of the world’s largest privately held independent insurance broker, announced two new appointments in its London office. Phillip Mallon will be joining the North American team on May 1 and Freya Foxall will join …
Reinsurer Swiss Re swung into a net loss in the first quarter of 2020 as the impact of the coronavirus outbreak began to bite, it said on Thursday. The Zurich-based company booked a hit of $476 million for anticipated and …
