Former President Donald Trump and his co-defendants have secured a $175 million bond in their New York civil fraud case, according to a court filing.
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DOXA Sees Opportunity, Growth in Hot Rental Market
DOXA Insurance Holdings today announces the acquisition of Renters Legal Liability, LLC (RLL), a specialty managing general agency (MGA) that writes renters’ legal liability products.
Aspen Boosts 4Q Profit While Cutting Exposure to D&O, Financial Lines
Aspen Insurance Holdings Ltd. posted higher fourth-quarter net income as premiums fell as the group limited its exposure to classes such as directors and officers and financial lines.
Who’s Paying for the Francis Scott Key Bridge Disaster?
Economic losses have been increasing since a cargo ship lost power and collided with a huge bridge in Baltimore last week, causing it to collapse and kill six people.
Aon: April Renewals Herald Buyers’ Market with Ample Property Cat Capacity
A property catastrophe market in transition suggests a buyers’ market at April reinsurance renewals, according to broker Aon.
U.S. Home Insurance Premiums May Hit a Record This Year, Report Warns
U.S. home insurance rates are expected to reach a record high this year, with the biggest increases occurring in states prone to severe weather events, according to a new analysis.
Investigation Launches for ‘Complex and Expensive’ Baltimore Bridge Marine Disaster
Lloyd’s Chief Executive Officer John Neal sees a “complex and expensive” industry loss after a container ship crashed into a Baltimore bridge, and a marine insurer has outlined the structure of the investigation into the disaster.
Senior Housing Rebounds as Boomers Move In
The outlook is finally brightening for investors in the senior-housing market, many of whom bet billions of dollars that the aging of the baby boom would send rents and occupancies soaring.
AM Best Downgrades State Farm General
AM Best has downgraded the Financial Strength Rating (FSR) to B (Fair) from A (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) to “bb+” (Fair) from “a” (Excellent) of State Farm General Insurance Company (State Farm General) (Bloomington, IL).
Fruit and Vegetables Farmers Find Difficulty Getting Crop Insurance
Farmers who grow fresh fruits and vegetables are often finding crop insurance prohibitively expensive — or even unavailable — as climate change escalates the likelihood of drought and floods capable of decimating harvests.