PERILS, the independent Zurich-based organization that provides industry-wide catastrophe insurance data, announced that its initial loss estimate of the insured property market loss for windstorm Elon-Felix, which affected Western and Northern Europe from 8 to 11 January 2015, is €328 …
Five Republican state governors say they will not rescue a crucial part of Obamacare if it is struck down by the Supreme Court, underlining the prospect for a chaotic aftermath to a ruling that could force millions of Americans to …
ACE Group announced the launch of a new luxury goods practice across Continental Europe. The launch of the practice follows research by ACE where almost six in ten European luxury goods companies taking part reported that globalization has increased the …
Guy Carpenter has appointed Matthew Eagle as managing director and head of international analytics. Eagle will be joining Guy Carpenter’s London office on August 1, following the end of his notice period. In his role as head of international analytics …
Swiss Re AG, swimming in excess capital after several years of lower-than-expected disaster claims, plans to shift to share buybacks to return cash to investors after three years of paying a special dividend. The world’s second-biggest reinsurer announced plans on …
All Risks, Ltd. has announced that Jeffrey White has joined the Atlanta office as a casualty and professional lines broker. White has prior experience in the wholesale and retail insurance sectors as a producer and branch manager. White will focus …
A central Florida woman has surrendered her nursing license after she was charged with placing hot sauce into the mouths of two sleeping dementia patients. Tracie Nellis was charged last summer with battery on a person age 65 or older …
Members of Georgia’s congressional delegation have written a letter to Atlanta Mayor Kasim Reed calling the termination of the city’s former fire chief a violation of free speech and religious freedom. Six Republican Georgia representatives wrote a letter to Reed …
A.M. Best said Wednesday it has downgraded the financial strength rating to A (Excellent) from A+ (Superior) and the issuer credit ratings to “a+” from “aa-” of The Philadelphia Contributionship for the Insurance of Houses from Loss by Fire Inc. …
Work-related fatal injuries in the New York metropolitan area (the New York-Northern New Jersey-Long Island, N.Y.-N.J.-Pa. Metropolitan Statistical Area) totaled 152 in 2013, according to preliminary data from the U.S. Bureau of Labor Statistics (BLS). The 2013 figure was down …
