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Bankrupt Philadelphia refinery firm to get $50mn insurance payment
The company filed for bankruptcy after a fire tore through a Philadelphia refinery on 21 June.
Bernard Goyder
,
14 September 2019
Reinsurers push back on mining gear asbestos claims
Companies including Lloyd’s underwriters, Sompo Holdings, Berkshire Hathaway filed a lawsuit accusing primary insurers demanding “unreasonable allocation”.
Christie Smythe
,
14 September 2019
Dorian US mainland losses likely to cost $500mn-$1.5bn: RMS
The loss estimate includes anticipated NFIP claims.
John Hewitt Jones
,
14 September 2019
New York warns insurers to pay child sex abuse claims 'quickly'
State officials advised carriers to settle claims swiftly or face "disciplinary action".
Bernard Goyder
,
13 September 2019
PG&E agrees $11bn wildfire settlement with insurers
The settlement covers more than 85 percent of insurance subrogation claims against the utility.
Emmanuel Kenning
,
13 September 2019
Willis Finex duo Kean and Wakefield head to McGill
The pair will join fellow Willis alumnus Julian Martin at the start-up.
Rachel Dalton
,
13 September 2019
CFC transactional liability head Giddings resigns
The executive is understood to be pursuing interests outside the insurance industry.
Catrin Shi
,
13 September 2019
Davies acquires Frontier Adjusters in first US claims deal
The PE-backed (re)insurance services provider says further US acquisitions are planned.
Samuel Casey
,
13 September 2019
Does the value of relationships make (re)insurance’s cost problem structural?
As any representative of the market will proudly tell you, (re)insurance is a relationships business.
Catrin Shi
,
13 September 2019
Franks moves from TMK CEO role as CUO Culham prepares to leave
Deputy chief Brad Irick will replace the current TMK leader as of 1 January.
Insurance Insider staff
,
13 September 2019
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