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AOB abuse inflates costs for Florida policyholders: III
So far this year, nearly 135,000 assignment of benefits lawsuits have been filed in Florida.
Marissa Page
,
13 December 2018
California insurance regulator reports $9bn in wildfire losses
The state regulator released preliminary insured loss data, showing most losses coming from the historically destructive Camp Fire.
Marissa Page
,
13 December 2018
S&P revises Axis outlook up to stable
Some 18 months after Axis saw its outlook dropped to negative, it has now returned to stable.
Christopher Munro
,
13 December 2018
AM Best drops Mercury Casualty to A after wildfire hit
Mercury Casualty's ratings have been cut from A+ to A, a move which reflects the company's significant market concentration in California.
Marissa Page
,
12 December 2018
US property insurance market set for stable 1.1 renewal
In loss affected areas of the US, rates are projected to increase in the low single digits.
Laura Sanicola
,
12 December 2018
Irdai removes first preference rule for 1.1
The agency is dropping requirements that domestic reinsurers be offered business before onshore foreign rivals.
Charlie Thomas
,
12 December 2018
Munich Re hires Channel cyber head Allen
Tom Allen joined Channel in June 2016 to launch the cyber division.
Catrin Shi
,
12 December 2018
Groupama expands into structured trade credit
Former Euler Hermes underwriter Talbot joins the French mutual
Bernard Goyder
,
12 December 2018
Aon appoints Dando as portfolio solutions chief
The executive leaves Marsh after almost five years.
Rachel Dalton
,
12 December 2018
Liberty gains approval for Luxembourg Brexit subsidiary
The EEA hub will be led by former Fortis executive Dirk Billemon.
Laura Board
,
12 December 2018
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