Broker’s chief executive Steve McGill describes what success looks like for him, his firm and the re/insurance industry Source link
Jane Kim claimed victory over fellow Democrat Ben Allen in the race for California insurance commissioner on Friday. Kim was up by more than 400,000 votes as of Friday afternoon. As of Wednesday morning, 99.8% of precincts had reported in, though a large number of votes remain uncounted. Kim had 52.7% of the vote to …
QBE will manage Blackstone-backed reinsurance syndicate 1956 Source link
Sporadic bomb threats continued to disrupt multiple flights across Europe on Friday, capping a week of unusual alerts that have put the aviation industry on guard and raised alarm with authorities. Flights operated by Ryanair Holdings Plc, Wizz Air Holdings Plc and Romania’s Tarom received alerts about bomb threats on Friday, according to airlines and …
Brokers and North American stocks enjoy strong gains as insurance sector outperforms major indices Source link
The Missouri Department of Commerce and Insurance (DCI) announced the release of workers’ compensation rates for employers for 2027. The National Council on Compensation Insurance (NCCI) has proposed rate-neutral loss costs at 0%, keeping average rates steady for Missouri businesses. The stable rate environment is driven primarily by a sustained decline in claims frequency across …
Syndicate will write specialty, facilities and selected MGA business Source link
Geologists and hydrologists can use scientific charts and graphs to understand the increasing water challenges facing South Dakota, but it only takes a brief visit to Bear Butte State Park near Sturgis for a non-scientist to see the outcome of decreasing water levels. The lake that forms the centerpiece of the state park is usually …
Lloyd’s consolidates oversight and performance into a single function under chief of markets Rachel Turk Source link
European supermarkets targeted in a second wave of cyberattacks that cranked up fridge and freezer temperatures were rushing on Tuesday to upgrade their systems and protect themselves against further hacking attempts. Stores in eight European countries were forced to throw away vast quantities of food after hackers tampered on Monday with their fridges, in an …
Broker names Gary Masters chairman of reinsurance Source link
President Donald Trump pledged to provide more federal aid to Texas flood victims after the Federal Emergency Management Agency denied the state’s initial request to help individuals recovering from widespread floods in July. The flooding swept through portions of southwest Texas and the Hill Country, which was still building back from another deadly flash flood …