California Appellate Court Confirms the Standard for Bad Faith is Whether the Insurer Acted Reasonably
The California Court of Appeal recently issued an opinion confirming the standard for determining an insurer’s bad faith conduct is,.. Read More
personal Insurance
Lloyd's ILS structure limited to quota shares, hopes for use by 'coming into line'
Lloyd’s of London’s recently established insurance-linked securities (ILS) structure, the multi Insurance Special Purpose Vehicle (mISPV) named London Bridge Risk,.. Read More
Aon says winter storm losses to hit record level, warns of climate effect
The intensity of extreme cold events such as the recent US winter storms and Arctic deep freeze may become more,.. Read More
Understanding Proof of Loss for Insurance Claims
This blog is about what proof of loss is in an insurance claim. As documentation of ownership, this proof can,.. Read More
SCOR gets quota share longevity retro from Mangrove sidecar
France-headquartered global reinsurance firm SCOR has put in place a sidecar-like, quota share retrocession vehicle named Mangrove Insurance PCC Limited,.. Read More
Catastrophes outweigh pandemic losses for Bermuda reinsurers in 2020
Bermuda’s reinsurance sector was hit by more catastrophe losses than costs from the COVID-19 pandemic in 2020, according to data,.. Read More
Winter storm losses in Texas drive ERCOT subrogation speculation
The size of the estimated winter storm insurance and reinsurance market loss from February’s severe Arctic freeze and the issues,.. Read More
Business Personal Property Claim: The Scavenger Hunt
Recently I was at a site inspection centered on business personal property. Items were skewed about in piles, where they,.. Read More
Oklahoma Bill Seeks to Prohibit Roofing Contractors from Covering Insureds Deductibles
A new bill is making its way through the Oklahoma legislative process that could impact policyholders and the roofing industry,.. Read More
Hannover Re cedes up to 32% of cats, 24% of COVID losses to retro in 2020
German reinsurance giant Hannover Re benefited from its retrocessional protections throughout 2020, potentially ceding almost one-third of natural catastrophe losses,.. Read More
