Reinsurance

Lawmakers approve an amendment that lightens restrictions on commutation and voluntary restructurings.

As a market watcher, attempting to determine which lines of business are underperforming syndicate by syndicate quickly proves itself to be a pretty meaningless exercise.

The business held about $85mn of in-force premiums as of May.

Amendment to the bill allows the Lord Chancellor to complete the first review of the rate without appointing an expert panel.

State Farm and USAA report claims surge from 13 June storm’s baseball-sized hail.

Earthquake capacity continues to grow and is now at an all-time high, seeing the same ugly pricing as elsewhere in the property sector, according to AmWins.

The IPO may raise up to $53mn for the InsurTech auto referral generator.

The taxi carrier’s ratings took a hit after a Q4 reserve charge cut surpluses.

This publication revealed that Evercore had been appointed to explore sale options in April this year.

The Michael Watson-led carrier is one of three strategic parties in talks to acquire the specialty insurer.

Almost 1 million insurance claims have been filed in the state since the hurricane.

Uber, Lyft trips come with accidental death and injury cover bought by smartphone.