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New Florida Legislative Leaders Talk Tough on Property Insurance, But No Specific Plans

Nov 20 2024 // Florida’s newest legislative leaders on Tuesday rattled some sabers about property insurance rates and claims but offered no agenda for the upcoming session that begins in March, according to state news...

Markets/Coverages: MGA Rokstone Inks 3-Year Direct & Fac Property Deal With Aviva

Oct 23 2024 // Rokstone, the London-based speciality re/insurance MGA that is part of the Aventum Group, has announced a three-year binding authority agreement with Aviva for its direct & facultative (D&F) property portfolio.The...

Markets/Coverages: Price Forbes Re Taps Gallagher Re’s Cole as Head of Financial Lines; BHSI Names Aon’s Pache for PI/Cyber Team, DACH Region, Schumacher as Property U/W

Oct 8 2024 // This edition of International People Moves details appointments at Price Forbes Re and Berkshire Hathaway Specialty Insurance (BHSI).A summary of these new hires follows here. Price Forbes Re Names Gallagher Re’s...

Property/Casualty Insurance Stocks Slump on Hurricane Milton-Related Fears

Oct 8 2024 // U.S. property and casualty insurance stocks tanked on Monday after Hurricane Milton intensified into a category 4 storm on its path towards Florida’s western coast, marking yet another costly disaster for the...

Commercial Property Rate Stabilization Highlights Latest WTW CLIPS

Oct 7 2024 // Broker WTW said commercial lines insurance rates increased overall by an average of 5.9% during the second quarter of 2024.Quarterly price increases have been around 6% since the end of the global pandemic, WTW reported in...

People Moves: AXA XL Promotes Flanagan to Lead P&C Bermuda; Intangic Names Cryer as Dir. of Client Solutions; Dale Names Daniel Head of Global Property Reinsurance

Sep 27 2024 // This edition of International People Moves details appointments at AXA XL Bermuda, the tech risk platform Intangic, and the Lloyd’s insurer Dale Underwriting Partners.A summary of these new hires follows here. AXA XL...

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