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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

Investors Remain Committed to ILS Market Despite Q3 Catastrophes: WTW
ILS investors are responding to the recent spate of natural disasters by making their payments to ceding companies, while continuing to raise more money and preparing to make new investments, according to Willis Towers Watson Securities. None of the third …
BB&T-Oswald Trippe Adds 2 Commercial Lines Producers to Florida Team
BB&T- Oswald Trippe and Company has expanded its Southeast Florida team with the addition of two new associates as commercial lines producers to assist business clients in the greater Southeast Florida area. Kelly Matacena has been named a commercial lines …
North Dakota?s Godfread ?Excited? About Technological Innovations in Insurance
North Dakota’s insurance commissioner is bullish on the technological innovations that are occurring within the insurance industry and wants his state to be in the forefront of experimenting with and testing new insurance products and developments. Though in terms of …
Farmers in Upper Midwest Report Damage from Dicamba Herbicide
Hundreds of farmers in the Upper Midwest are reporting damage from the controversial herbicide dicamba, and state officials are considering restrictions for the 2018 growing season that might surpass even new federal rules. The state agriculture departments in North Dakota, …
Swiss Re Adds Management Liability Coverage for Non-Profits, Private Companies
Swiss Re Corporate Solutions has expanded its Executive Risk product offering with the launch of SwissGuard, a multi-coverage, management liability policy designed for non-profit and private companies. SwissGuard insures against directors and officers liability, employment practices liability and fiduciary liability …
EPIC Adds New Brokerage Team in Pittsburgh
EPIC Insurance Brokers and Consultants, a retail property and casualty insurance brokerage and employee benefits consultant, has opened operations in Pittsburgh, Penn., with the hiring of Sean Andreas, Al Dragotto, Kurt Karstens, Pete Kostorick, Sally Krauss, Zach Mendelson, Phil Wakim, …
Northern California Wildfires: Insurance Industry Ready to Assist With ?Massive? Recovery
Rebuilding the Northern California areas devastated by wildfire will be a long-term effort, and insurers say they will be there to help their affected policyholders get back on their feet. Tens of thousands of evacuees began making their way home …
Early Data Shows Insured Losses from California Wildfires Already at $1B and Growing
Insurance Commissioner Dave Jones today released preliminary data provided by eight California insurers processing claims for tens of thousands of policyholders that shows $1.045 billion in losses to commercial and residential structures, personal and commercial vehicles and agricultural equipment. The …
Texas Windstorm Insurance Association Request to Raise Liability Limits Disapproved
Texas Insurance Commissioner Kent Sullivan has declined to approve a request by the Texas Windstorm Insurance Association to raise the maximum limits of liability on windstorm and hail policies. TWIA in August filed a request to increase the limits for …
Massachusetts? Morrison Mahoney Elects Six New Partners
Morrison Mahoney LLP, a Boston, Mass.-headquartered law firm, has announced the election of six new partners. The partners represent a range of practice areas including appeals, insurance coverage, construction litigation, professional liability defense, medical malpractice, fraud, transportation and employment law …

Reinsurance News Update

BB&T-Oswald Trippe Adds 2 Commercial Lines Producers to Florida Team
BB&T- Oswald Trippe and Company has expanded its Southeast Florida team with the addition of two new associates as commercial lines producers to assist business clients in the greater Southeast Florida area. Kelly Matacena has been named a commercial lines …
Early Data Shows Insured Losses from California Wildfires Already at $1B and Growing
Insurance Commissioner Dave Jones today released preliminary data provided by eight California insurers processing claims for tens of thousands of policyholders that shows $1.045 billion in losses to commercial and residential structures, personal and commercial vehicles and agricultural equipment. The …
Swiss Re Adds Management Liability Coverage for Non-Profits, Private Companies
Swiss Re Corporate Solutions has expanded its Executive Risk product offering with the launch of SwissGuard, a multi-coverage, management liability policy designed for non-profit and private companies. SwissGuard insures against directors and officers liability, employment practices liability and fiduciary liability …
North Dakota?s Godfread ?Excited? About Technological Innovations in Insurance
North Dakota’s insurance commissioner is bullish on the technological innovations that are occurring within the insurance industry and wants his state to be in the forefront of experimenting with and testing new insurance products and developments. Though in terms of …
Northern California Wildfires: Insurance Industry Ready to Assist With ?Massive? Recovery
Rebuilding the Northern California areas devastated by wildfire will be a long-term effort, and insurers say they will be there to help their affected policyholders get back on their feet. Tens of thousands of evacuees began making their way home …
Massachusetts? Morrison Mahoney Elects Six New Partners
Morrison Mahoney LLP, a Boston, Mass.-headquartered law firm, has announced the election of six new partners. The partners represent a range of practice areas including appeals, insurance coverage, construction litigation, professional liability defense, medical malpractice, fraud, transportation and employment law …
Investors Remain Committed to ILS Market Despite Q3 Catastrophes: WTW
ILS investors are responding to the recent spate of natural disasters by making their payments to ceding companies, while continuing to raise more money and preparing to make new investments, according to Willis Towers Watson Securities. None of the third …
Farmers in Upper Midwest Report Damage from Dicamba Herbicide
Hundreds of farmers in the Upper Midwest are reporting damage from the controversial herbicide dicamba, and state officials are considering restrictions for the 2018 growing season that might surpass even new federal rules. The state agriculture departments in North Dakota, …
Texas Windstorm Insurance Association Request to Raise Liability Limits Disapproved
Texas Insurance Commissioner Kent Sullivan has declined to approve a request by the Texas Windstorm Insurance Association to raise the maximum limits of liability on windstorm and hail policies. TWIA in August filed a request to increase the limits for …
EPIC Adds New Brokerage Team in Pittsburgh
EPIC Insurance Brokers and Consultants, a retail property and casualty insurance brokerage and employee benefits consultant, has opened operations in Pittsburgh, Penn., with the hiring of Sean Andreas, Al Dragotto, Kurt Karstens, Pete Kostorick, Sally Krauss, Zach Mendelson, Phil Wakim, …

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