Modelling firm AIR Worldwide has increased its industry loss estimate for the California wildfires that ravaged parts of the Golden State last month to a range of $8bn to $10.5bn.
Alliant has hired financial institutions specialist Paul Grassi from Wells Fargo’s insurance services division, which was recently acquired by private equity-backed broker USI Insurance Services.
US specialty players continued to increase their exposure during the third quarter of 2017, with gross written premiums (GWP) rising by 10.8 percent, according to analysis by The Insurance Insider.
California’s insurance regulator, flouting a common perception that it is illegal to insure marijuana businesses, yesterday approved the state’s first admitted carrier to write weed-related risks.
Investors punished Navigators in early New York trading to send the US specialty player's stock down as much as 10.6 percent after it posted disappointing third quarter results late yesterday
