Markets
RiverStone International to Provide Loss Portfolio Transfer for Zurich Insurance
RiverStone International, the London-based provider of legacy solutions, announced it has signed an agreement with the French branch of Zurich Insurance Europe and Zurich Insurance Co. to provide a ...
Safeco to Stop Writing New Condo and Renter Policies in California
Safeco, a Liberty subsidiary, is preparing to stop writing new condo and rental policies in California at the beginning of next year. Liberty stopped writing new condo or rental customers under its ...
Most Distracting Holiday Songs for Drivers Ranked
A personal injury lawyer warns that slippery roads and congested highways aren't the only problems that drivers have to contend with during the year-end holiday season. Listening to Andy Williams ...
Millions of Homeowners May Be Underinsured Due to Secondary Structures: ZestyAI
Millions of U.S. homes are underinsured, not because of any added value in the homes but because additional structures on the homeowner's property have gone unreported and are without protection. ...
Moody’s: Rising Flood Risks Posing Greater Challenges for Eastern and Southern U.S.
Flood risk is rising across the Eastern and Southern states from extreme rainfall, hurricanes and sea-level rise, according to a new report by Moody's Ratings.
President-elect Donald Trump's threatened tariffs on top trade partners China, Mexico and Canada would deal a blow to the $1.7 trillion U.S. transportation industry and worsen ...
Four P/C Insurers Are ‘AI Titans’; AI Impact Leaders Revealed: Research
A research firm has identified 100 insurance industry participants that are making a difference with artificial intelligence, including four insurance carriers with property/casualty insurance ...
Eyeing Specialty Focus, AXIS Transfers $2.3B of Re Reserves to Enstar
AXIS Capital Holdings Limited and Enstar Group Limited announced that they have entered into a loss portfolio transfer reinsurance agreement under which AXIS will retrocede $2.3 billion of ...
Trump Tariffs Could Intensify U.S. Trucking Industry Slump, Experts Say
AIG Leads Launch of Reinsurance Syndicate at Lloyd’s
American International Group announced it has led the launch of a new reinsurance syndicate at Lloyd's. Commencing underwriting from Jan. 1, 2025, Syndicate 2478 will be a multi-year participant on ...