A second, weak, tornado struck Arkansas last week as severe storms rolled across the Deep South, according to the National Weather Service in Little Rock. On March 30, an EF-1 tornado with winds of about 100 mph (161 kph) struck …
Western Reserve Group to Promote Greg A. Brunn to President and CEO Western Reserve Group announced the promotion of Greg A. Brunn to President and CEO effective January 1, 2023, upon the retirement of current President and CEO, Kevin W. …
Mercury Insurance announced that the company has made its usage-based insurance app, MercuryGO, available to drivers in Illinois to help improve driving skills and traffic safety. Mercury says the app acts as a virtual driving coach, providing skill scores that …
Dan Malloy has left SiriusPoint Ltd., a year after the company was formed from the merger of specialty reinsurer Third Point Reinsurance and Sirius International Insurance Group, a multi-line insurer and reinsurer. On April 6, 2022, SiriusPoint Ltd. entered into …
The Boy Scouts of America defeated a trademark lawsuit brought by the Girl Scouts over use of the term “scouting.” U.S. District Judge Alvin K. Hellerstein on Thursday tossed the 2018 suit claiming the now-coed Boy Scouts’ use of the …
There is no longer a need to ponder the “next asbestos” because the current litigation environment and the recent pace of additions to the list of emerging risks and trends in casualty insurance is enough to keep the industry on …
Not only did natural catastrophes in 2021 break insurance claims records, but they also highlighted the growing cost of non-modeled characteristics of disasters, which are altering the industry’s understanding of these risks, according to a report published by RMS. “Secondary …
Global insurance broker Hub International has acquired the assets of Marketing Management Associates, Inc. of Landover, Maryland. Terms of the transaction were not disclosed. Marketing Management Associates is a commercial and personal lines insurance agency. The Marketing Management Associates team …
The U.S. Supreme Court on Tuesday wrestled with the circumstances under which doctors can be convicted of operating as drug dealers under the cover of their medical practices to illegally distribute opioid painkillers and other dangerous narcotics. The justices heard …
Inigo Ltd., the new Lloyd’s insurer, has entered the catastrophe bond market for the first time, less than 18 months after the firm began writing its portfolio of specialty insurance and reinsurance. Montoya Re, launched on April 1, is a …
