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Davis & Haynes to Assume Block of Stephens Insurance’s Personal Lines Business
Little Rock, Arkansas-based Stephens Insurance LLC (Stephens Insurance), an affiliate of independent financial services firm Stephens Inc., has agr...
New Insurer Relm Offers Cover for Cryptocurrency, Cannabis Businesses
Relm, a Bermuda-based insurer that specializes in emerging business categories, has opened its doors for business. The new business, which is led b...
ExxonMobil Paying $1M as Part of New Mexico Settlement
ExxonMobil will contribute $500,000 to a fund used to clean up leaks from petroleum storage tanks as part of a settlement reached with New Mexico. ...
M5.8 Earthquake Strikes Near Western Alaska
A magnitude 5.8 earthquake near Adak, the westernmost municipality in the United States, the U.S. Geological Survey confirmed. The earthquake struc...
UK actuaries take another crack at equity-release mortgage valuation
Valuation of equity-release mortgages (ERMs) is one of the most controversial topics in the UK actuarial community, and the latest update from the...
Chubb Names Buonpane as Construction Industry Practice Leader in New York
Chubb has named Stephen Buonpane as Construction Industry Practice leader for its large account segment. He succeeds Bill Hazelton who was recently...
Chubb Enhances North American Claims Leadership with Hazelton, Watt
Chubb has expanded its North America claims leadership team with two appointments: Bill Hazelton has been named head of Chubb North America Claims,...
Marsh Calls for Submissions for 2020’s Best Cybersecurity Products Designations
Global insurance broker Marsh announced the 2020 opening of its Cyber Catalyst program that identifies cybersecurity products that cyber insurers b...
Parametric Insurance Could Offer Hotels Relief from Coronavirus Cancellations
Organizers of events called off because of the coronavirus are likely to miss out on insurance payouts because typical policies do not cover epidem...
Fitch Sees Only ‘Modest Impact’ on U.S. P/C Insurance from Coronavirus
The coronavirus (COVID-19) outbreak is not currently anticipated to have a meaningful adverse impact on financial results reported by U.S. property...
Homes in Flood Plains May Be Overvalued by $34 Billion
At least 3.8 million U.S. homes lie in flood plains. Together, they may be overvalued by $34 billion. New research published Monday in a National B...
Arthur J. Gallagher Acquires New York’s CMS
Arthur J. Gallagher & Co. has acquired Melville, N.Y.-based CMS LLC. Terms of the transaction were not disclosed. Founded in 1996, CMS LLC is a...
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