Insurance
Ariel Re Sponsors 6 Bermudian Students for Summer Internship Program
Six Bermudian students will be learning about the global reinsurance industry this summer as part of an internship program with Ariel Re in Bermuda. The interns will learn about a variety of roles within the sector, including operations and finance, …
Read More EU Seeks Agreement on Ground-Breaking Regulations for Crypto Assets
The European Union on Thursday will seek agreement on ground-breaking rules for regulating crypto assets as the rout in bitcoin piles pressure on authorities to rein in the sector. Globally, crypto assets are largely unregulated, with national operators in the …
Read More P/C Industry to Finish 2020 in the Red With Combined Ratio Over 100: S&P
For the first time since 2017, the calendar-year combined ratio for the property/casualty industry will eclipse 100 in 2022 due to inflation, said S&P Global Market Intelligence. We expect that growth rates in the commercial lines will pull back from …
Read More US Farmers Battle Floods, Heat in Bid to Replenish Food Supplies
Global grain markets are at a pivot point, with prices finally starting to ease after a dizzying surge earlier this year. Where things go from here could end up being determined by farmers like Justin Sherlock and the extreme weather …
Read More Hattersley Faults Patronis for Inaction on Florida Insurance Crisis
A Democratic challenger to Florida’s chief financial officer this week laid the blame for some of the state’s property insurance woes at the feet of incumbent Jimmy Patronis. “Patronis has had five years to get in front of this,” Adam …
Read More South Carolina Makes $2.2 Million Available for 2022 Wind Mitigation Grants, Starting Friday
Some $1.1 million will be made available to South Carolina homeowners for wind mitigation grants starting Friday, July 1, the state Department of Insurance said in a bulletin. Another $1.1 million will be offered in December, if funds are available. …
Read More People: Risk Strategies Names Ellison Benefits Leader
Risk Strategies has named Jason Ellison its employee benefits leader for national health care practice. Ellison, who previously was a senior vice president at Gallagher for health and welfare consulting, will work to coordinate two of Risk Strategies’ national practices …
Read More Upgrades Urged at Missouri Amtrak Crash Site, But No Action
The chief elected official in the Missouri county where an Amtrak train slammed into a dump truck said Tuesday that residents and county leaders have been pushing for a safety upgrade at the railroad crossing for nearly three years. Meanwhile, …
Read More California Insurer’s Efforts to Keep Workers and Help During Pandemic Led to Viable New Business
In the annals of how the pandemic changed things, toss in a positive tale from insurer CSAA Insurance Group. Walnut Creek, California-based CSAA, a AAA Insurer, offers automobile, homeowners and other personal lines of insurance to AAA Members through AAA …
Read More New York AG, City Sue ‘Ghost Gun’ Distributors for Fueling Gun Violence
New York Attorney General Letitia James has filed what she says is a “landmark” lawsuit against multiple gun distributors for fueling a gun violence crisis and endangering New Yorkers. James alleges that 10 gun distributors sold tens of thousands of …
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