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Insurance News & Reinsurance News


Find here the latest insurance industry news from around the world. The news is updaily almost hourly.

Insurance News Update

Industrial Insurer HDI Global Forms Excess Surplus Lines Carrier
Industrial insurer HDI Global Insurance Co. (HDI) has formed an excess and surplus lines subsidiary, HDI Specialty Insurance Co. The new platform will “bring European expertise and solutions” to the alternative energy, private public partnerships (P3s), and design-build construction markets, …
XL Catlin Taps Willis Towers Watson?s Piper as UK Client & Distribution Director
XL Catlin announced the appointment of Louise Piper as UK Client and Distribution director, effective Sept. 1, 2017. In this role, Piper will be responsible for working with brokers and clients to ensure that XL Catlin continues to provide the …
Florida Official Pushes Back On Reports of Highway Patrol Ticket Quotas
The head of the Florida agency that oversees state’s highway patrol insists troopers don’t have ticket quotas. Terry Rhodes on Tuesday told Gov. Rick Scott and members of the state Cabinet that her agency is reminding all supervisors that quotas …
UK-EU Post-Brexit Trade Deal ?Desirable but Not Essential?: Report
A UK trade deal with the European Union after Brexit is desirable but not essential, the Institute of Economic Affairs said, in support of Prime Minister Theresa May’s repeated assertion that no deal is better than a bad deal. Britain …
Boseman Named Chief Operating Officer at Brown & Riding in California
Brown & Riding has named Mike Boseman chief operating officer. Boseman is based out of the company’s Los Angeles, Calif. headquarters and will be responsible for strategic operations, including client and carrier development, enhancing information technology service offerings, and enforcing …
Los Angeles Makes Packer Cannabis Czar over Legal Pot Industry
With recreational marijuana use just months away from being legal in California, Los Angeles has appointed a so-called cannabis czar tasked with regulating the local pot industry. The Daily News reported the City Council voted unanimously this week to confirm …
5 Reasons Cyber Security Is Failing and What P/C Insurers Can Do About It
Businesses are spending a small fortune on cyber security but what they are doing is not working very well, according to a cyber security expert who sees the insurance industry as a key to improving the situation. “We have a …
Lawsuit Claims U.S. Delinquent in Enforcing Rear Passenger Seat Belt Law
A new lawsuit accuses the U.S. government of being too slow to implement rules requiring that rear seat vehicle passengers be warned when they fail to buckle their seat belts. In a complaint filed on Wednesday, two nonprofits said the …
Carlton Fields Hires Silverman to New York Office
Carlton Fields has hired Alex B. Silverman to its New York office as an associate. Silverman will practice in the firm’s Property and Casualty Insurance practice group. Silverman represents insurance companies in complex risks and coverage-related disputes involving multimillion-dollar general …
A.M. Best América Latina Chief Resigns; Keenan Assumes Interim Role
A.M. Best announced today that Manuel Agustin Calderón de las Heras has resigned from his position as managing director of A.M. Best América Latina to pursue other opportunities. Calderón de las Heras has been with A.M. Best for the last …

Reinsurance News Update

Lawsuit Claims U.S. Delinquent in Enforcing Rear Passenger Seat Belt Law
A new lawsuit accuses the U.S. government of being too slow to implement rules requiring that rear seat vehicle passengers be warned when they fail to buckle their seat belts. In a complaint filed on Wednesday, two nonprofits said the …
A.M. Best América Latina Chief Resigns; Keenan Assumes Interim Role
A.M. Best announced today that Manuel Agustin Calderón de las Heras has resigned from his position as managing director of A.M. Best América Latina to pursue other opportunities. Calderón de las Heras has been with A.M. Best for the last …
UK-EU Post-Brexit Trade Deal ?Desirable but Not Essential?: Report
A UK trade deal with the European Union after Brexit is desirable but not essential, the Institute of Economic Affairs said, in support of Prime Minister Theresa May’s repeated assertion that no deal is better than a bad deal. Britain …
Florida Official Pushes Back On Reports of Highway Patrol Ticket Quotas
The head of the Florida agency that oversees state’s highway patrol insists troopers don’t have ticket quotas. Terry Rhodes on Tuesday told Gov. Rick Scott and members of the state Cabinet that her agency is reminding all supervisors that quotas …
Carlton Fields Hires Silverman to New York Office
Carlton Fields has hired Alex B. Silverman to its New York office as an associate. Silverman will practice in the firm’s Property and Casualty Insurance practice group. Silverman represents insurance companies in complex risks and coverage-related disputes involving multimillion-dollar general …
Los Angeles Makes Packer Cannabis Czar over Legal Pot Industry
With recreational marijuana use just months away from being legal in California, Los Angeles has appointed a so-called cannabis czar tasked with regulating the local pot industry. The Daily News reported the City Council voted unanimously this week to confirm …
Boseman Named Chief Operating Officer at Brown & Riding in California
Brown & Riding has named Mike Boseman chief operating officer. Boseman is based out of the company’s Los Angeles, Calif. headquarters and will be responsible for strategic operations, including client and carrier development, enhancing information technology service offerings, and enforcing …
XL Catlin Taps Willis Towers Watson?s Piper as UK Client & Distribution Director
XL Catlin announced the appointment of Louise Piper as UK Client and Distribution director, effective Sept. 1, 2017. In this role, Piper will be responsible for working with brokers and clients to ensure that XL Catlin continues to provide the …
Industrial Insurer HDI Global Forms Excess Surplus Lines Carrier
Industrial insurer HDI Global Insurance Co. (HDI) has formed an excess and surplus lines subsidiary, HDI Specialty Insurance Co. The new platform will “bring European expertise and solutions” to the alternative energy, private public partnerships (P3s), and design-build construction markets, …
5 Reasons Cyber Security Is Failing and What P/C Insurers Can Do About It
Businesses are spending a small fortune on cyber security but what they are doing is not working very well, according to a cyber security expert who sees the insurance industry as a key to improving the situation. “We have a …

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