Ed, the London-based reinsurance, wholesale and specialty broker, announced the appointments of Mike Hernandez to the role of chairman and Agustin de Freitas as CEO of Ed Broking LatAm. They take up their roles with immediate effect. Hernandez, who previously …
Total aggregated economic losses from severe weather in the U.S. during May was set to exceed US$4.0 billion, while public and private insurers face a combined payout approaching an estimated US$3.0 billion, according to Impact Forecasting, Aon Benfield’s catastrophe model …
Republicans in the U.S. House of Representatives voted on Thursday to replace the 2010 Dodd-Frank Wall Street reform law, a move that is expected to die in the Senate but open the door to revamping or eliminating regulations that came …
As the United States battles a growing opioid abuse crisis, the Food and Drug Administration on Thursday asked Endo International Plc to withdraw from the market its long-lasting opioid painkiller, Opana ER, sending Endo’s shares down more than 12 percent. …
RMS, the Newark, Calif.-based risk modeling and analytics firm, announced the release of version 17.0 of its North America Earthquake Models for the United States, Canada and Mexico. The updated model will enable RMS clients to manage their risk accumulations …
Forecasters again lowered the odds of El Niño forming by year’s end, a scenario that may mean more Atlantic hurricanes at a time when federal agencies charged with predicting and responding to natural disasters lack top administrators. The updated forecast, …
Worley Claims Services LLC (Worley), a provider of insurance claims services in the U.S., has acquired Apex Claims Service of New England LLC (Apex), a provider of daily and catastrophe commercial and residential property claims based in Westfield, Mass. Financial …
Legislation creating rules for ride-hailing services for the first time in Connecticut is heading to the governor. After three years of the debate, the bill finally passed the Senate on a 28-8 vote late Tuesday. It previously cleared the House …
Berkley Alliance Managers, an Albany, N.Y.-based Berkley Company, has named Anthony Andersen as senior vice president and professional liability claims manager. In this role, he will be responsible for providing managerial oversight to the company’s claims staff. Andersen joins Berkley …
Second of Two Articles There has been a lot of press – and perhaps hype – about blockchain and its potential to revolutionize the industry’s processes and ultimately improve the customer experience. However, the efforts of the industry’s B3i initiative …
