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AM Best has upgraded the financial strength ratings of four subsidiaries of US medical malpractice carrier Coverys from A- to A.
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Bermudian carrier Argo has hired Mary Henderson as its new head of financial institutions within its Jersey City-based Argo Pro unit.
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AIG has drawn on internal executives to appoint new heads of UK casualty and commercial property and to bolster its UK operating committee, The Insurance Insider understands
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Illinois, a state with $11bn in unpaid bills, may be on the verge of creating the first state-financed workers' compensation insurance system to be set up in decades.
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Reinsurers are attempting to push through UK motor rate increases of as much as 100 percent at the 1 July renewals as they look to transform the pricing landscape following the swingeing reduction to the Ogden rate.
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ProAssurance’s Eastern Alliance unit is acquiring the operations of Great Falls Insurance Company to provide it with a platform to expand in New England.
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The pace of global insurance rate decreases has slowed for the fifth quarter in a row, according to a study by Marsh
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Embattled US insurer AmTrust, one of the largest providers of workers' compensation cover in the US, is looking to pull out of writing business for public entities as a result of poor performance in the space, The Insurance Insider understands.
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London market broker Tysers is looking to break into the US retail market with a new suite of business liability products, according to a communique seen by The Insurance Insider.
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Reinsurers pushed through motor insurance rate increases of as much as 60 percent in the April renewals, while Q1 disclosures pointed to a reserves hit of up to $7bn, analysts have said in the aftermath of the UK government's Ogden discount rate cut.