Industry News

Best's Reviews

AM Best Affirms Credit Ratings of Solen Versicherungen AG and Noble Assurance Company

Jun 20, 2019 AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a+” of Solen...

AM Best Affirms Credit Ratings of American Equity Investment Life Insurance Company and Its Subsidiaries

Jun 20, 2019 AM Best has affirmed the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term Issuer Credit...

AM Best Upgrades Issuer Credit Rating of Samsung Fire & Marine Insurance Company of Europe, Limited

Jun 20, 2019 AM Best has upgraded the Long-Term Issuer Credit Rating to “a+” from “a” and affirmed the Financial Strength...

Randall & Quilter Names Two to Newly Created Co-CEO Posts

Jun 19, 2019 Alan Quilter and Roger Sellek are to be named to the newly created positions of joint chief executive officers of Bermuda-domiciled nonlife runoff...

Insurance Journal

AIG’s Klepper Joins AXA XL as Chief Underwriter for Short Tail Insurance Lines

Jun 20, 2019 AXA XL, the property/casualty and specialty risk division of AXA, has named Robert Klepper as chief underwriting officer for Short Tail Insurance...

Consortium Seeks Data on Issues, Opportunities for Women in Insurance

Jun 20, 2019 There is an effort underway to develop a better understanding of issues and opportunities for women in the insurance industry. The Million Women Mentors...

Auto Insurance Buyers’ Satisfaction Rises When They Are in Driver’s Seat

Jun 20, 2019 U.S. auto insurance consumers are quite happy about their coverage, and a growing shift to direct-to-consumer models has driven much of their good...

R&Q’s CEO to Step Down, Succeeded by Co-CEOs Quilter and Sellek from AM Best

Jun 20, 2019 Randall & Quilter Investment Holdings Ltd. the non-life legacy insurance investor and capacity provider of U.S. and European MGA...

Claims Journal

Wisc. Court Upholds Subrogation Waiver in Construction Contract

Jun 20, 2019 A subrogation waiver in a construction contract blocks an insurer’s claim against a contractor whose alleged shoddy construction caused the collapse of a barn...

CMIC Group and Crime Bureau Announce Appointments

Jun 19, 2019 CMIC Promotes Loss Prevention and Claims Directors CMIC Group, a member-owned medical professional liability insurance carrier has promoted Denise M. Condron, previously the...

‘Burning River’ Loses Sting in Cleveland 50 Years After Fire

Jun 19, 2019 CLEVELAND — Fifty years after the Cuyahoga River’s most famous fire, a plucky new generation of Cleveland artists and entrepreneurs has turned the old jokes...

Rain-hit Cricket World Cup May Cost Insurers Millions

Jun 19, 2019 LONDON — Lost revenues from a record number of rain-hit cricket World Cup games in England and Wales may result in insurance claims of a few million pounds for...