The number of Americans with flood insurance is on the rise, yet Hurricane Florence is likely to make it painfully clear that too many homeowners in the Carolinas and other vulnerable regions remain unprotected. . An analysis of federal flood …
Brit Ltd. announced it has appointed Neil Walker as head of UK Property. In this role, Walker reports to Tom Hillier, divisional director, Specialist Liability. Walker brings over 20 years’ of experience in the broking industry with a focus on …
Investigators are trying to determine what sparked a fire that damaged or destroyed five Texas school buses parked in a transportation lot during spring break. A statement from the Coldspring-Oakhurst Independent School District says authorities do not suspect foul play …
Markel International, the London-based specialist insurance subsidiary of Markel Corp., will cease to write London open market property business with immediate effect. The development has no impact or implications for Markel Corp.’s U.S. and Bermuda property businesses which, for reasons …
Average global insurance pricing in the fourth quarter of 2017 increased for the first time since Q1 2013, driven largely by global property insurance pricing following the third quarter’s large catastrophe losses, according to Marsh’s latest Market Index report. The …
Chubb announced the appointment of Brian Church as executive vice president and head of International Property for Chubb’s Overseas General business, effective Jan. 1, 2018. In this role, Church will have responsibility for all of Chubb’s retail commercial property insurance …
Lockton, the world’s largest privately held insurance broker, has appointed Gareth Davies as senior vice president, Property, in Bermuda. He will focus on growing the business, particularly in the property area, in a market that could be difficult over the …
Lloyd’s broker AFL Insurance Brokers Ltd (AFL) announced the appointment of Neil Crouch to lead its new wholesale property practice. Previously head of broking at Lockton, Crouch will pioneer the company’s expansion in the property market, initially focusing on North …
Experts say the mild Texas winter hampered this year’s peach crop in parts of the state. The North Texas harvest appears to be bountiful, but growers in some other areas of the state faced challenges, the Fort Worth Star-Telegram reported. …
XL Catlin has raised its global property insurance capacity by 25 percent to US$500 million, which is available on a quota share or layered basis,. With this capacity increase, the company said it will better address clients’ global and domestic …
