Fun indoor activities for kids

Help them burn off their energy when it gets too cold or dark to play outside by Michael Davis September 29, 2023  |   Wellness The Centers for Disease Control says kids aged 6 to 17 should engage in at least an hour of moderate to vigorous physical activity a day, and that preschoolers 5 and younger … Read more

Significant flood insurance consequences in event of government shutdown

Significant flood insurance consequences in event of government shutdown | Insurance Business America Catastrophe & Flood Significant flood insurance consequences in event of government shutdown Property sales and claims funding could be in jeopardy, but private market on hand Catastrophe & Flood By Jen Frost The clock is running down for lawmakers to prevent an … Read more

At-Bay unveils new insurance head, MPL expansion

At-Bay unveils new insurance head, MPL expansion | Insurance Business America Professional Risks At-Bay unveils new insurance head, MPL expansion She has been with the company since 2020 Professional Risks By Kenneth Araullo At-Bay has announced the appointment of Kristie Felton as the head of insurance and the expansion of its miscellaneous professional liability (MPL) … Read more

Investor appetite to determine length of hard reinsurance market: AM Best

The appetite of investors to fund reinsurance strategies, be they traditional equity-backed reinsurers, or insurance-linked securities (ILS) structures, is a key determinant to how long the current hard market will last, AM Best has said.Of course, there are other determinants, not least how the rest of the Atlantic hurricane season plays out, or whether any … Read more

US auto insurers faced with soaring liability claim payouts – report

US auto insurers faced with soaring liability claim payouts – report | Insurance Business America Motor & Fleet US auto insurers faced with soaring liability claim payouts – report Inflation causing significant pressure to sector Motor & Fleet By Mika Pangilinan US auto insurers have been seeing a dramatic surge in liability claim payouts as … Read more

How one broker is making lemonade out of property insurance disruption

How one broker is making lemonade out of property insurance disruption | Insurance Business America Property How one broker is making lemonade out of property insurance disruption It’s looking to rev up growth in California At a time when many insurance carriers are shrinking their capacity or exiting the California property insurance market, one wholesale … Read more

Top European firms underwriting 30% of US coal despite net zero commitments

Top European firms underwriting 30% of US coal despite net zero commitments | Insurance Business America Environmental Top European firms underwriting 30% of US coal despite net zero commitments Insurers responsible for covering the most coal revealed Environmental By Kenneth Araullo A recent report by Insure Our Future reveals that major European insurers … Read more

AXIS & Stone Point launch $400m+ Monarch Point Re casualty ILS vehicle

Bermuda headquartered AXIS Capital has teamed up with investor Stone Point to launch Monarch Point Re, a newly created collateralized reinsurer that has been capitalised by a more than $400 million raise and will operate as a kind of third-party capitalised casualty reinsurance sidecar structure, with a total return approach.Way back in June we reported … Read more

Northwestern Mutual to pay record-setting dividend to policyholders

Northwestern Mutual to pay record-setting dividend to policyholders | Insurance Business America Insurance News Northwestern Mutual to pay record-setting dividend to policyholders Company has paid a dividend every year since 1872 Insurance News By Ryan Smith Northwestern Mutual has announced that it will once again award its policyholders an annual dividend – expected to reach … Read more