Zurich Insurance plans to relocate its European Economic Area holding company from Ireland to Germany, according to the head of the insurer’s European division.
Author: Annie George
YOY Average Premium Renewal Rates Remain Up for Majority of Commercial Lines
Except for Workers’ Compensation, all lines of business saw an increase in average premium renewal rate year over year, according to Ivans.
‘Wave’ of FTX Lawsuits Expected, With Investors Expected to Face Legal Challenges
A lawsuit filed by FTX account holders in the United States is likely to be the first of many over billions of dollars in losses on the cryptocurrency exchange.
3Q Index Reveals Steady Insurance Brokerage M&A Activity
Sica | Fletcher’s Q3 2022 Agency & Broker Buyer Index shows a 3% increase in acquisitions over the same period last year.
WTW, Liberty Specialty Markets, and Markel Move Industry Closer to Digital-First Marketplace
WTW has announced a new partnership with insurers Liberty Specialty Markets and Markel to launch the pilot phase of an innovative digital commercial insurance platform.
CA Insurance Dept and UN Announce “Sustainable Insurance Roadmap” to Combat Climate Change
California Insurance Commissioner Ricardo Lara and the United Nations announced a first-of-its-kind “Sustainable Insurance Roadmap” for the nation’s largest insurance market.
Dell Settles Dell 2018 Stock Swap Lawsuit for $1 Billion
Dell Technologies Inc has reached a $1 billion settlement in a lawsuit accusing it of short-changing some shareholders.
Insurance Companies Face Big Challenges Amid Climate Change
The effects of climate change are all around us: rising sea levels, severe heat waves, drought, extreme rainfall, and more powerful storms. Natural disasters are becoming more intense and frequent as a result of these effects.
Report: 90% of U.S. Counties Hit with a Disaster in Last 10 Years
According to a report by Rebuild by Design, 90% of counties in the United States experienced a weather disaster between 2011 and 2021.
Delos Insurance Solutions Expands Wildfire Insurance Options for California Homeowners
Delos Insurance Solutions, which uses wildfire science and aerospace expertise to solve insurance availability and affordability issues, announced today the launch of a program to expand homeowners’ insurance options for California homeowners facing wildfire risks.