June 21, 2023
Aon, Lloyd’s and Vienna Insurance Group (VIG) announced they are collaborating to provide foreign re/insurance capacity to support Ukraine’s recovery and reconstruction. As part of the UK-Ukraine Private Finance Partnership, Lloyd’s and Aon have committed to deliver fast-track access to …
June 21, 2023
Authorities have identified five people who died in a mobile home fire in a rural North Carolina town as a husband and wife, a family friend and his two young sons. The Harnett County Sheriff’s Office identified the victims as …
June 21, 2023
Tropical Storm Bret formed in the central Atlantic Ocean on Monday, with forecasters saying it could pose a hurricane threat to the Lesser Antilles by Thursday and the Dominican Republic and Haiti by the weekend. The National Hurricane Center in …
June 21, 2023
On this episode of The Insuring Cyber Podcast, two InsurTech CEOs shared their perspectives on InsurTech’s role in the insurance industry, and both agreed that disruption was never the goal. Rob Schimek, CEO of bolttech, and Rick McCathron, CEO of …
June 21, 2023
Increased punishments for intentionally damaging utility equipment received final legislative approval Thursday in North Carolina after attacks on the state’s electrical grid caused a dayslong blackout last December. The bill passed unanimously in both the House and Senate in a …
June 21, 2023
LIV Golf leader Greg Norman and his wife are being sued by a high school girl who says she was sexually assaulted at their Florida home by two boys during a party where alcohol was served to her, her alleged …
June 21, 2023
A fire that started in a New York City e-bike shop early Tuesday spread to upper-floor apartments, killing four people and injuring several others, authorities said. City fire officials said the blaze was reported shortly after midnight on the Lower …
June 21, 2023
SiriusPoint has seen a cluster of challenges over the past two years—ranging from an incomplete merger integration to persistent underwriting and investment losses to several leadership shake-ups. First there was the merger. Third Point Re merged with Sirius International Insurance …
June 21, 2023
In the days before hedge fund manager Daniel Loeb decided to drop the buyout of SiriusPoint, Carrier Management asked analysts at AM Best and Fitch Ratings about the pros and cons of taking insurers and reinsurers private. Sridhar Manyem, senior …
June 21, 2023
Demand isn’t an issue for the solar industry. The challenges lie with fulfilling demand with more skilled labor, more technology, and more sites. While the Inflation Reduction Act (IRA), a freeze of potential tariffs, and more robust supply chains have …