Specialty
AXIS Sweetens Bid for Lloyd’s Specialty Carrier Novae, Now Offering $611.5M
AXIS Capital Holdings Ltd. has substantially sweetened its offer for Novae Group plc, a Lloyd's of London specialty insurer and reinsurer. AXIS, a Bermuda-based specialty insurer and reinsurer, said ...
Introducing the QBE, Arrowhead Partnership for Small Commercial
When it was announced in June that San Diego, Calif.-based Arrowhead General Insurance Agency Inc. was selected as the program administrator for QBE North America's small commercial insurance ...
UK Financial Sector Proposes ‘Ambitious’ Post-Brexit Trade Pact
The UK's financial sector is seeking an "ambitious" trade pact between Britain and the European Union to try to prevent a costly shift of jobs and business to the continent once the country leaves ...
Harvey on Track to Become Hurricane in Texas; State Farm, Allstate, Farmers Face Exposures
Tropical Storm Harvey, which has shut oil and natural gas platforms and triggered a rally in cotton prices, is on track to develop into a major hurricane as it approaches the Texas coast late Friday. ...
New P/C Insurance Products Delayed by Old Policy Form Tech: Novarica
A reliance on manual processes and inadequate technology leaves property/casualty insurers with major delays in updating their coverage forms. A new industry report found that as a result, most ...
Telematics Startup Roost Raises $10.4M From Three International Insurance Companies
Roost, a developer of home telematics for property insurance carriers, raised $10.4 million from three international insurance industry companies. Aviva Ventures led the Series B financing; ...
The Latest Launches From XL Catlin, Great American, Marsh and Ironshore
XL Catlin beefed up its professional liability policy for U.S. design professionals with two new enhancements. Great American Insurance Group created a new division focused on the E&S space. ...
Another Lawsuit Accuses Greenpeace of Inciting Eco-Terrorism in Dakota Access Pipeline Case
Energy Transfer Partners LP accused Greenpeace International, Earth First! and other groups of inciting terrorist acts and vandalism to generate publicity and raise money for their causes while ...