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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

California Judge Will Let San Francisco Subpoena Uber for Driver Information
A California state judge said that San Francisco can demand from Uber records containing the ridesharing company’s driver contact information, the city attorney said. San Francisco City Attorney Dennis Herrera last month sought a court order compelling Uber Technologies Inc. …
Randall & Quilter to Sell Lloyd?s Agency to Medical Liability Insurer Coverys
Randall & Quilter Investment Holdings Ltd. announced it has reached agreement to sell the entire share capital of its Lloyd’s managing agency, R&Q Managing Agency Ltd. (RQMA), to Coverys, a provider of medical professional liability insurance based in Boston, Mass. …
Massachusetts House Approves Bill to Redo Recreational Marijuana Law
A bill that would repeal and replace the recreational marijuana law approved by Massachusetts voters in November cleared the House late Wednesday. Critics who lashed out at the proposal accused lawmakers of ignoring the will of the electorate and taking …
Texas Stamping Office: Surplus Lines Insurance Premium Up for 2017
Data collected by the Surplus Lines Stamping Office of Texas (SLTX) shows that insurance premium amounts recorded in May 2017 are higher than totals recorded in May of 2016 or 2015. The information was presented at the second-quarter SLTX board …
Beecher Carlson Expands Energy Practice in the Northeast
Beecher Carlson Insurance Services LLC (Beecher Carlson), a specialized large account insurance broker, has expanded the northeast operations of its energy practice. Sara Kane has been appointed senior vice president. She will be responsible for developing and managing energy risk …
Missouri Becomes 3rd State to Sue Opioid Manufacturers
Missouri on June 21 became the third U.S. state to accuse major drug manufacturers of fraudulently misrepresenting the risks of opioid painkillers now at the center of a national addiction epidemic. Missouri Attorney General Josh Hawley said his office filed …
Watkins Insurance Group Expanding to Georgetown, Texas
Watkins Insurance Group announced it is expanding to Georgetown, Texas, and plans to build a new location in the city’s historic downtown. The new building, to be located at 815 South Main Street, will be a two-story development that will …
Survey: Agents Suggest How Carriers Can Move from ?Good? to ?Great?
One would expect to see high levels of satisfaction between an independent agency and its top carrier, but that isn’t always the case. Peeling back the layers usually reveals fertile ground for improvement and shows the path to higher performance …
Brexit Critics Now Emboldened to Block Prime Minister?s Plans for ?Hard Brexit?
When she called a snap election in April, Theresa May said she needed voters’ backing to silence rivals in Parliament who were trying to frustrate her plans for Brexit. Instead, the British prime minister’s electoral humiliation seven weeks later weakened …
California Chamber and 2 Workers? Comp Groups File Brief in Utilization Review Case
The California Workers’ Compensation Institute, the California Chamber of Commerce and the California Coalition of Workers’ Compensation have filed a joint amicus brief in Stevens v. WCAB, the long-running court case that challenged the constitutionality of the utilization review/independent medical …

Reinsurance News Update

Survey: Agents Suggest How Carriers Can Move from ?Good? to ?Great?
One would expect to see high levels of satisfaction between an independent agency and its top carrier, but that isn’t always the case. Peeling back the layers usually reveals fertile ground for improvement and shows the path to higher performance …
Brexit Critics Now Emboldened to Block Prime Minister?s Plans for ?Hard Brexit?
When she called a snap election in April, Theresa May said she needed voters’ backing to silence rivals in Parliament who were trying to frustrate her plans for Brexit. Instead, the British prime minister’s electoral humiliation seven weeks later weakened …
California Judge Will Let San Francisco Subpoena Uber for Driver Information
A California state judge said that San Francisco can demand from Uber records containing the ridesharing company’s driver contact information, the city attorney said. San Francisco City Attorney Dennis Herrera last month sought a court order compelling Uber Technologies Inc. …
Texas Stamping Office: Surplus Lines Insurance Premium Up for 2017
Data collected by the Surplus Lines Stamping Office of Texas (SLTX) shows that insurance premium amounts recorded in May 2017 are higher than totals recorded in May of 2016 or 2015. The information was presented at the second-quarter SLTX board …
California Chamber and 2 Workers? Comp Groups File Brief in Utilization Review Case
The California Workers’ Compensation Institute, the California Chamber of Commerce and the California Coalition of Workers’ Compensation have filed a joint amicus brief in Stevens v. WCAB, the long-running court case that challenged the constitutionality of the utilization review/independent medical …
Watkins Insurance Group Expanding to Georgetown, Texas
Watkins Insurance Group announced it is expanding to Georgetown, Texas, and plans to build a new location in the city’s historic downtown. The new building, to be located at 815 South Main Street, will be a two-story development that will …
Missouri Becomes 3rd State to Sue Opioid Manufacturers
Missouri on June 21 became the third U.S. state to accuse major drug manufacturers of fraudulently misrepresenting the risks of opioid painkillers now at the center of a national addiction epidemic. Missouri Attorney General Josh Hawley said his office filed …
Randall & Quilter to Sell Lloyd?s Agency to Medical Liability Insurer Coverys
Randall & Quilter Investment Holdings Ltd. announced it has reached agreement to sell the entire share capital of its Lloyd’s managing agency, R&Q Managing Agency Ltd. (RQMA), to Coverys, a provider of medical professional liability insurance based in Boston, Mass. …
Beecher Carlson Expands Energy Practice in the Northeast
Beecher Carlson Insurance Services LLC (Beecher Carlson), a specialized large account insurance broker, has expanded the northeast operations of its energy practice. Sara Kane has been appointed senior vice president. She will be responsible for developing and managing energy risk …
Massachusetts House Approves Bill to Redo Recreational Marijuana Law
A bill that would repeal and replace the recreational marijuana law approved by Massachusetts voters in November cleared the House late Wednesday. Critics who lashed out at the proposal accused lawmakers of ignoring the will of the electorate and taking …

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