Optimism on Florida, but capital may not be quick to jump back in: ILS NYC 2023
All of the changes enacted at the latest Florida Special Session will have a positive impact on the region’s property,.. Read More
Personal Insurance
SageSure, SURE & Swiss Re hail largest catastrophe bond since Hurricane Ian
Having completed its new catastrophe bond transaction at a 78% upsized $355 million, coastal property insurance underwriting group SageSure,,.. Read More
What Happens If the Insurance Company Does Not Send the Correct or All of the Insurance Contract Provisions? | Merlin Law Group
Can you imagine the frustration of a policyholder trying to find the exclusion relied upon by the insurance company and,.. Read More
Big I Michigan: Agents rank Frankenmuth Insurance #1 for claims satisfaction.
Every day, we strive to do right by our customers, our employees, and our agency partners. That’s why, when we,.. Read More
Gallagher Re's McManus to lead Bermuda ILW and index-cat bond capabilities
Reinsurance broker Gallagher Re has appointed industry-loss warranty (ILW) and retrocession broker Alex McManus to lead its index-based capabilities in,.. Read More
ILS funds can and should manage trapped collateral to eliminate non-performing assets: Replexus
Notable in the wake of Hurricane Irma in 2017, trapped collateral is an ongoing issue for the insurance-linked securities (ILS),.. Read More
Feb 2022 European windstorm industry loss raised again to 3.85bn by PERILS
The insurance and reinsurance industry loss estimate for the European windstorm series that struck in February of 2022 has been,.. Read More
Cyber ILS gathering momentum, say Lockton Re, CyberCube & Envelop Risk
In a new report, global reinsurance broker Lockton Re makes the case for cyber insurance-linked securities (ILS), saying that “now,.. Read More
California Association of Public Insurance Adjusters to Hold Legislative Continuing Education Conference Next Week | Merlin Law Group
The California Association of Public Insurance Adjusters will hold a continuing education session followed by legislative day next week. It,.. Read More
Kin cedes 97% of hurricane Ian & Nicole losses to reinsurance
Direct-to-consumer and fast-growing insurtech company Kin Insurance has revealed that it ceded around 97% of its gross losses from hurricanes,.. Read More
NZ EQC sharpens cat bond focus. Floods & cyclone unlikely to trigger reinsurance
New Zealand’s state-owned residential property disaster insurance entity, Toka Tū Ake EQC (formerly known as the Earthquake Commission), does not expect,.. Read More
Florida Law on Post-Loss Obligations and the Recovery of RCV Benefits | Merlin Law Group
I recently posted about a court in Minnesota permitting the insured to seek the Replacement Cost Value (“RCV”) of its,.. Read More
