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W.R. Berkley Reports Strong Q2, Crediting Rate Adequacy, Improving Economy
W.R. Berkley Corp. reported net premium growth exceeding 27 percent and a combined ratio under 90 for the 2021 second quarter, positive results the commercial lines insurer and reinsurer attributed to rate adequacy and an improving economy. Consolidated net premiums …
POSTED JULY 23, 2021 2:56 PM |
Fire Crews Making Progress on Massive Oregon Blaze
The nation’s largest wildfire is still raging through southern Oregon but crews were scaling back some night operations as hard work and weaker winds helped reduce the spread of flames even as wildfires continued to threaten homes in neighboring California. …
POSTED JULY 23, 2021 2:52 PM |
Woman Dead, 3 Missing Following Flooding in Colorado Burn Area
A woman was found dead and three other people were missing after rain triggered flooding and mudslides in an area of northern Colorado burned by a large wildfire last year, authorities said Wednesday. The woman’s body was found near the …
POSTED JULY 23, 2021 2:47 PM |
Officials: Lightning Likely Caused 2020 California Forest Fire
A lightning strike likely ignited a 2020 wildfire in California’s Sierra National Forest, but the U.S. Forest Service said Friday it could not determine an official cause of the fire. September’s Creek Fire burned 600 square miles and spread so …
POSTED JULY 23, 2021 2:43 PM |
Bomb Squad Caused Damaging California Fireworks Explosion, Officials Say
Los Angeles bomb technicians grossly miscalculated the weight of homemade fireworks last month when they detonated them in a containment chamber, likely causing a catastrophic explosion that injured 17 people and rocked a neighborhood, the police chief said Monday. Chief …
POSTED JULY 23, 2021 2:40 PM |
Swiss Re Corporate Solutions Bolsters International Programs’ Team with 2 Promotions
Swiss Re Corporate Solutions has promoted William Porter as head International Programs Americas, and Reto Collenberg as head International Programs APAC and EMEA, both effective Aug.1. Together they will oversee Swiss Re Corporate Solutions’ International Programs business and market strategy …
POSTED JULY 23, 2021 2:36 PM |
People Moves: FM Global Expands Executive Team; Pie Insurance Adds 3 Executives
Rhode Island-based commercial property insurer FM Global is making executive management team changes, moving seasoned leaders within the company into newly created roles. Bret N. Ahnell, executive vice president and a 34-year veteran of the company, has been named chief …
POSTED JULY 23, 2021 2:02 PM |
Relation Insurance Services Acquires Assets of SIG Insurance Agencies
Relation Insurance Services Inc. acquired the assets of The SIG Insurance Agencies. The partnership with SIG strengthens Relation’s existing capabilities and further expands the platform’s geographic presence in the Northeast. Headquartered in Connecticut with additional operations in New York, New …
POSTED JULY 23, 2021 1:53 PM |
Pennsylvania Joining National Survey on Climate Risk in the Insurance Industry
The Pennsylvania Insurance Department (PID) is joining with other states around the country in conducting the National Association of Insurance Commissioners’ (NAIC) Climate Risk Disclosure Survey. The survey allows insurers to report on climate-related risks and opportunities and will provide …
POSTED JULY 23, 2021 1:52 PM |
$65M Settlement Proposed in New York Polluted Water Lawsuit
Plaintiffs in a federal class action lawsuit could get payments and medical monitoring as part of a proposed $65.25 million settlement with three companies over chemical contamination of the water supply in an upstate New York village. The Times Union …
POSTED JULY 23, 2021 1:46 PM |
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