Leading industry bodies have backed new proposals that would see greater involvement of the commercial market in US flood insurance.
More than 15,000 insurance claims have been made so far.
Cat risk data firm Perils has put a property insurance loss estimate of just $33m on the earthquakes that struck Italy in October.
Political risk and trade credit underwriter David Linehan has joined Aegis London.
Talanx’s HDI in UK subsidiary has signed a deal to back the marine and energy business of MGA Thomas Miller Specialty.
US commercial auto increased by 3% in November as commercial rates remain steady.
BMS Capital Advisory has helped to facilitate the issuance of $30m of senior notes from United Insurance Holdings Corp.
The experienced financial services executive Jane Carlin has taken a seat on the board of The Hanover.
Travelers’ Nancy Braithwaite has been elected to lead the US industry group for casualty actuaries for the coming year.