Personal Insurance

State Farm sponsors $350m New Madrid quake Merna Re II cat bond for 2021

US primary insurance giant State Farm has again returned to the 144A catastrophe bond market for another slice of New,.. Read More

Department of Labor Issues Model Notices, FAQs for COBRA Subsidy in the ARPA | Scott Insurance

On April 7, 2021, the U.S. Department of Labor (DOL) issued FAQs and model notices for the COBRA premium assistance,.. Read More

Why Do You Need a Classic Car Insurance? - Jack Stone Insurance Agency

Classic car insurance coverage policies provide coverage options that serve classic car owner’s needs. Here is why you need classic,.. Read More

Elementum promotes Lynette Pirilla Walter, hires John Drnek from RenRe

Elementum Advisors, LLC, the insurance-linked securities (ILS) fund management and collateralised reinsurance underwriter, has announced the promotion of Lynette Pirilla,.. Read More

Florida Senate Passes Insurance Bill That Will Make Mortgages Non-Negotiable Under Federal Regulations

Mortgage servicers, banks, and their accountants must sign off under federal regulations that the loans that they package and are,.. Read More

2021 Atlantic hurricane season forecast for 8 hurricanes, 4 major: CSU

Tropical storm and hurricane forecasters at Colorado State University have issued a forecast that calls for 8 hurricanes, 4 of,.. Read More

Tremor appoints former PartnerRe CEO Emmanuel Clarke to Board

Tremor Technologies, the insurtech offering a technology-based programmatic insurance and reinsurance risk transfer marketplace, has announced a senior addition to,.. Read More

Sapnar joins Stone Ridge's NYDIG to lead bitcoin services for insurance

Mike Sapnar, the former CEO of global reinsurance firm TransRe has now surfaced as Global Head of Insurance Solutions for,.. Read More

Tokio Marine to redeem $150m of its Kizuna II 2018 cat bond

Sources have told us that Japanese insurance group Tokio Marine has opted to redeem a $150 million tranche of its,.. Read More

Assignment of Benefits: Michigan

I recently received an inquiry from a public adjuster about the validity of anti-assignment provisions in insurance policies in Michigan.,.. Read More

Cincinnati challenges winter storm claims under ERCOT policy

While widespread subrogation related to winter storm claims payments against Texas energy organisation the Electric Reliability Council of Texas, Inc.,.. Read More

ILS investor demand moderated April renewal pricing: Willis Re

Strong demand from insurance-linked securities (ILS) investors, in particular for publicly traded catastrophe bonds, helped to moderate overall reinsurance renewal,.. Read More