Speaking at one of the many virtual conferences that took place in early September, Dan Malloy, chief executive officer of Bermuda-based Third Point Reinsurance, offered an anecdotal view of the reinsurance market from a broker he knows. “It isn’t a …
Convex Group Ltd., the specialty insurer and reinsurer, announce that Matt Paskin has been appointed as CEO of Convex Re Ltd. (Bermuda) and Theo Butt has been appointed as CEO of Convex Insurance UK Ltd. (London). These appointments are subject …
The Insurance Development Forum (IDF), a public-private partnership led by the insurance industry and supported by international organizations, announced the launch of an insurance program for Peru’s public schools. The program is the result of a grant agreement between Germany’s …
Whether they are convinced that they absolutely need them or not, some reinsurers aim to try to put pandemic exclusions into casualty reinsurance contracts next year, a reinsurance broker representative revealed recently. Amanda Nguyen, U.S. Casualty Solutions Leader for Reinsurance …
This post is part of a series sponsored by CoreLogic. Though the COVID-19 pandemic is occupying most of our attention at the moment, hurricane season has begun and natural catastrophes never take a holiday. Forecasts for 2020 have projected higher …
Gallagher Bassett Services Inc. (GB), based in Rolling Meadows, Ill., has launched the GB Transportation Major Case Unit (MCU), a claims handling center that focuses solely on clients’ most severe, complex and high exposure claims. Transportation Practice Senior Vice President …
Two St. Martin Parish, Louisiana, insurance producers have been hit with Cease and Desist Orders and fines for allegedly misappropriating premium funds, Louisiana Department of Insurance (LDI) reported. The department said Tasey Ann Tolliver-Alexander is alleged to have misappropriated insurance …
The Kansas Supreme Court seemed worried on Sept. 16 about the proper roles of the Legislature and courts as it wrestled with whether a state statute that prohibits lawsuits based on “wrongful birth” claims is constitutional. Justices heard oral arguments …
The family of a woman who died after being held in an East Texas jail last year has filed a lawsuit against the company that runs the facility, claiming its staff neglected her care and ignored her pleas for help …
Tenants who sued over “horrendous” living conditions at a Kansas City low-income housing development have been awarded $52 million in damages. Jackson County Judge Joel Fehestock found in favor of the tenants, who sued KM-T.E.H. Realty 8 and Michael Fein …
