A fire tore through a northeastern Pennsylvania hospital, sending smoke billowing into the air as dozens of patients were evacuated…
A freight train derailed Thursday in Connecticut, sending cars carrying flammable liquid propane into the water, though officials say they…
Many are still waiting on their ROIs
Affordability push The company implemented rate decreases averaging 9% across 32 states for its Affordable, Simple, Connected auto product. Allstate’s…
Incident underscores the exposure of major events to state-linked hacking
The latest Ivans Index, the company’s monthly premium renewal rate index, indicated that year-over-year, commercial auto, business owner’s policy (BOP),…
For credit investors, the combination of stable ratings and later-dated maturities provides clearer visibility on Howden’s leverage and refinancing timetable.…
SageSure, the fast-growing catastrophe-exposed property specialist MGU, is back with another catastrophe bond that targets multi-peril reinsurance protection for the…
The case stems from Hurricane Ian damage to a Miami home owned by Paula Villa and Maykel Garcia in 2022.…
Global reinsurer Hannover Re’s Bermuda-based insurance-linked securities (ILS) platform, Hannover Re Capital Partners, started writing business at the January 1st,…
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The insurer pointed to language in the policy that bars coverage for constant or repeated water seepage occurring over time,…
Then came the mitigation bills. Restoration 1, a contractor Smith hired with State Farm’s blessing, submitted invoices totaling nearly $120,000…
The Icosa Cat Bond Fund, the UCITS catastrophe bond strategy distributed by Icosa Investments AG, has experienced strong growth in…