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Portuguese forest fires leave 61 dead

Forest fires have killed 61 people in the Pedrógão Grande region of Portugal, according to media reports.

Catrin Shi, 19 June 2017
Florida’s Seeman Holtz expands in California

Seeman Holtz is expanding in Southern California with the acquisition of Direct Choice, a broker based in Stevenson Ranch, north of Los Angeles.

Ted Bunker, 17 June 2017
Lightning losses climb as average claim size shrinks

Claims for damage caused by lightning and electrical surges rose in the US last year but the average cost fell compared with 2015, the Insurance Information Institute said.

Ted Bunker, 17 June 2017
Experience and risk management key in Florida: Kroll

Experienced leadership and risk management practices will be key differentiators for Florida homeowner insurers as they seek to navigate deteriorating underwriting conditions in the state, according to Kroll Bond Rating Agency (KBRA).

David Bull, 17 June 2017
Maison set to pay more for reinsurance

Louisiana and Texas homeowners' insurer Maison Insurance said it expects the cost of its reinsurance placement to increase 12.9 percent year-on-year.

Sofia Geraghty, 17 June 2017
Startup partners target blockchain brokerage systems

Risk Cooperative, a risk and insurance advisory startup, and the Bitfury Group, a developer of blockchain technology, have agreed to jointly “pioneer” applications using the software to distribute insurance.

Ted Bunker, 17 June 2017
CTMA CEO Schirmer to leave company

Charles Taylor Managing Agency (CTMA) CEO Christian Schirmer is to leave the company after more than two years at the helm.

Laura Board, 16 June 2017
Cobalt parts way with CEO Bishop

Shariah-compliant MGA Cobalt has parted ways with its CEO Richard Bishop, as the company continues work to secure the capital needed to get its approved Lloyd's start-up off the ground, The Insurance Insider can reveal.

Dan Ascher, 16 June 2017
Opinion: Shooting sparrows

In 1958 Chinese communist leader Mao Zedong launched a five-year plan that included a call for the country's half a billion rural residents to kill all the sparrows.

Dan Ascher, 16 June 2017
Admiral rebuked by FCA over premium data

Admiral has been reprimanded by the UK Financial Conduct Authority (FCA) for giving inaccurate information to customers in renewal documentation.

Bernard Goyder, 16 June 2017

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