Personal Lines
High-Net-Worth Insurer Berkley One Expands, Debuts Flood Cover in Select Markets
W.R. Berkley Corp.'s Berkley One is expanding into two more states and launching its flood insurance cover in new markets. Berkley One, an ultra-high-net-worth personal lines insurance brand, is now ...
Arch Warns Q4 Pretax Cat Losses Could Reach $130 Million
Arch Capital Group Ltd. is warning that it faces between $110 million to $130 million in pretax catastrophe losses for the 2018 fourth quarter. The Bermuda-based insurer and reinsurer blamed the ...
An El Niño Seems Likely to Emerge This Spring
There is a 65 percent chance of an El Niño weather pattern emerging during the northern hemisphere spring this year, a U.S. government weather forecaster said on Thursday. "However, given the timing ...
EU Seeks to Give Insurance, Other Finance Regulators More Post-Brexit Powers
The European Union moved a step closer on Thursday to beefing up its regulators to increase safeguards for consumers and create an EU capital market that reduces the bloc's reliance on Britain's ...
Trump to California: Change Forest Management Practices or Lose Wildfire Aid
President Donald Trump, who has blamed California's forest management for last year's disastrous fires, threatened to halt the Federal Emergency Management Agency's assistance to victims unless that ...
HDI Global Specialty SE Makes Its Debut
A new specialty lines insurer is making its debut – HDI Global Specialty SE. HDI Global Specialty SE was created by merging Hannover Re's and HDI Global SE's specialty lines. HDI Global SE holds ...
Executives On The Move at Grange Insurance and BHSI
Grange Insurance Association has a new CEO, an executive promoted from within to replace a longtime leader who retired. Berkshire Hathaway Specialty Insurance appointed a new senior claims adjuster ...
Billions in Federal Storm Mitigation Money Not Being Spent
The Trump administration is sitting on billions of dollars intended to help vulnerable cities and states prepare for extreme weather, prompting growing criticism from state officials worried about ...