June 10, 2020
Great American Insurance Group in Cincinnati, Ohio, has promoted Randal M. Smith to divisional president within its Trucking Division. Smith first joined Great American in 1992. After leaving the company to co-founded, Transportation Specialists Insurance Agency, he rejoined Great American …
June 10, 2020
That Texas, Louisiana and Florida top the list of states that are most vulnerable to natural disasters is probably a finding of a recent study that will come as no surprise to folks who live in those states. Another likely …
June 10, 2020
Specialist engineering and technology insurer HSB, part of Munich Re, has expanded its e-trade offering by launching HSB Fast Track, its broker online trading platform, in Ireland. The HSB Fast Track e-trade platform is offering brokers in Ireland a full …
June 10, 2020
Diesel fuel from a major spill in Russia’s Arctic has reached a pristine lake which is the basin for a river flowing into the Arctic Ocean, a regional official said on Tuesday, but the mining giant embroiled in the scandal …
June 10, 2020
Cryptoasset insurer Evertas has received a license from the Bermuda Monetary Authority to start operating from the jurisdiction. Evertas’ operations in Bermuda will now aim to start issuing policies for theft or loss of cryptoassets, with a view to securing …
June 10, 2020
Lancashire Holdings Ltd. has completed an equity capital raise of approximately £277 million (US$352 million) through the placement of new common shares. The Lloyd’s insurer said it intends to use the proceeds of the placing to fund organic growth and …
June 10, 2020
The New York State Department of Financial Services (DFS) has launched DFS FastForward, a new program to support innovators seeking to deliver new solutions in financial services, fintech, insurtech and healthtech for New Yorkers in the COVID-19 era. “As New …
June 10, 2020
A national coalition of law firms has filed suit on behalf of the Pomona Unified School District against JUUL Labs Inc. for its role in creating an e-cigarette epidemic and resurgence in youth nicotine addiction that impedes the learning environments …
June 10, 2020
Ratings issuer A.M. Best said it has removed from under review with negative implications and affirmed the Financial Strength Rating of A (Excellent) and Long-Term Issuer Credit Ratings of “a” of five companies collectively referred to as North American Casualty …
June 10, 2020
Catastrophe modeling firm Karen Clark & Company (KCC) said on Wednesday it expects insured losses of close to $150 million from tropical storm Cristobal. Cristobal is the third named storm to form and impact the United States coast during this …