personal Insurance

New Mexico Requires Insurance Company to Demonstrate Substantial Prejudice Before Denying a Claim for Late Notice | Property Insurance Coverage Law Blog | Merlin Law Group

Every insurance policy outlines certain duties a policyholder is required to perform following a loss. However, the prompt notice provision,.. Read More

SEC director calls for greater retail investor access to private markets

A senior director of the United States Securities and Exchange Commission (SEC) has called for main street, or retail, investors,.. Read More

Cedants increasingly favour catastrophe bonds, Moody's survey finds

Reinsurance cedants and buyers are increasingly looking to catastrophe bonds as options for accessing alternative sources of reinsurance capital, a,.. Read More

2020 could be one of the "costliest years" for re/insurers: Althoff, Hannover Re

The COVID-crisis is “game-changing”, according to Hannover Re executive board member Sven Althoff. He compared it to events like 9/11,.. Read More

Hurricane Sally expected to drive significant NFIP flood losses: A.M. Best

Hurricane Sally’s extreme rainfall and storm surge are expected to drive significant insured losses for the National Flood Insurance Program,.. Read More

Progressive in $80m reinsurance recovery for August cat losses

Auto and property insurance focused Progressive Corporation recovered $80 million from its reinsurance in August, after the impacts of catastrophe,.. Read More

FEMA begins 2021 flood reinsurance renewal process, may upsize program

The U.S. Federal Emergency Management Agency (FEMA) is back in the reinsurance market and seeking expressions of interest to participate,.. Read More

Paskin and Butt named CEO's of Convex Re (Bermuda) & Convex Insurance UK

Convex Group, the specialty insurance and reinsurance company founded by Stephen Catlin, has named two new CEO’s of its core,.. Read More

Allstate's cat losses hit $985m in August on hurricanes Laura & Isaias

U.S. primary insurance giant Allstate has reported the highest monthly total of catastrophe losses it has suffered for some time,,.. Read More

What If Im Late With My Auto Insurance Payment?

If you’re late with an auto insurance payment, be sure you’re ready for the fees and potential repercussions of doing,.. Read More

Aon + WTW to "extend proven model of catastrophe bonds" - CEO's Case & Haley

The impending combination of insurance and reinsurance broking giants Aon and Willis Towers Watson (WTW) will aim to “extend the,.. Read More