June 9, 2020
Zurich Insurance Group has introduced a new legal panel to provide advice on the management of large and complex claims across the Europe, Middle East & Africa (EMEA) region. The new panel consists of BLM, Clyde & Co, DAC Beachcroft …
June 9, 2020
Williams & Williams Inc. of Smithtown, N.Y., has joined AssuredPartners. The staff of four, led by Glenn Williams, currently reports $1.2 million in annualized revenues. The partnership will strengthen AssuredPartners’ New York operations as it continues to expand its services …
June 9, 2020
Lloyd’s announced the launch of an application program interface (API), which is designed to help London market brokers and underwriters place business electronically. The new API is part of the market’s modernization project, called the Future at Lloyd’s, and its …
June 9, 2020
Connecticut Governor Ned Lamont released detailed phase 2 pandemic lockdown reopening guidelines for Connecticut businesses on Sunday, stressing social distancing, limited capacity, face mask requirements and sanitation. The state had 16 new coronavirus deaths, bringing the total to 4,071, and …
June 9, 2020
Analysts for Standard & Poor’s Global Ratings shared a view that U.S. underwriting losses from COVID-19 would fall in the $15-$30 billion range. However, risk officers speaking at a rating agency conference last week said the estimate is light. S&P …
June 9, 2020
Thanks to Friend of the Academy of Insurance, Joe Harringon, for this guest post. Joe is an independent business researcher and writer specializing in property and casualty coverages. He is also a regular instructor with the Academy of Insurance. As …
June 9, 2020
HDI Global Specialty SE, the specialty lines insurer, has launched a Political and Credit Risk team in London with the hires of Nick Robinson and Anthony Vaughan. Both have joined HDI Global Specialty SE’s London office from Neon Underwriting. (Neon …
June 9, 2020
Genworth MI Canada Inc, which runs the largest Canadian private residential mortgage insurer, said on Monday it has no plans to change its underwriting policy for debt service ratio limits, minimum credit score and downpayment requirements. Government-backed Canada Mortgage and …
June 9, 2020
Germany’s Rhine River is entering dry summer months with water levels at their lowest in two decades, prompting fears of shipping disruption on Europe’s most important inland waterway. After spring showers failed to show in Germany, the official water level …
June 9, 2020
Arthur J. Gallagher & Co., the Rolling Meadows, Ill.-based broker, announced the acquisition of CA Insurance Brokers in Australia. Terms of the transaction were not disclosed. Founded in 2002 by Andrew Howard, CA Insurance Brokers is a mid-market insurance broker …