Policy makers who are raising the alarm over water scarcity could still be underestimating the scale of droughts in store for central European economies, according to new research. More frequent dry spells over the last decade have already impacted European …
UFG Insurance is looking to diversify across the U.S. by expanding into assumed reinsurance business – partly via quota share arrangements, such as the recently announced deal with Topsail Re, a Cayman Islands-based reinsurer. “We’re looking to grow on a …
Despite the softening of rates and the challenges of the coronavirus pandemic, one Midwest-based workers’ compensation insurance provider that opened its doors just over three years ago reports that it not only has experienced significant growth during that time, it …
McLelland Joins Kapnick as Senior VP, Construction Practice Leader Kapnick Insurance Group in Troy, Michigan, has hired Jason McLelland as senior vice president and construction practice leader. McLelland joins Kapnick with 17 years’ professional insurance and surety bond experience. He …
Sonoma County officials say they will add artificial intelligence technology to help fight wildfires with a 24-7 monitor to track fire outbreaks. The technology will be added to the county’s network of wildfire detection cameras that monitor California’s backcountry to …
Inflation, defined as the rate at which prices for goods and services are increasing, tends to occur when prices rise due to increases in production costs or when the demand for a product exceeds its supply (i.e., too much money …
The North Carolina Rate Bureau has filed a request with the North Carolina Department of Insurance to increase insurance rates for mobile home policies. The NCRB, which represents insurance companies and is not a part of NCDOI, has requested an …
Atlanta-based McGriff has hired Andrew Belisle as a senior vice president and transactional risk specialist in the firm’s Executive Risk Advisors group. Belisle joins McGriff from ASQ, a London-based transactional insurance managing general agent. He previously worked as an underwriter …
Allianz Partners, a travel insurance and assistance company, has added enhancements to its travel insurance products that may provide coverage to customers who become ill with COVID-19 or a future epidemic, are individually ordered to quarantine, or are denied boarding …
South Carolina Gov. Henry McMaster has named a longtime government employee already working on the state’s flooding recovery efforts as the state’s first chief resilience officer. Ben Duncan, who currently directs the state’s Disaster Recovery Office, will marshal the state’s …
