Specialty
Markel Insurance Selling Reinsurance Renewal Rights to Nationwide
In separate announcements late Wednesday, Markel Group and Nationwide revealed that Markel Insurance is running off its global reinsurance business and selling renewal rights to the $1.2 billion book ...
Construction Projects Facing Delays Under Threat of ICE
Under a broiling Alabama sky a frustrated Robby Robertson, a construction site superintendent, surveys an 84,000 square foot, mostly built recreation center close to the Gulf coast port city of ...
‘We’ll Have to See How This Plays Out,’ Says CEO Berkley on MGA Competitors
The leader of W.R. Berkley Corp. has seen it before—some version of the MGA movie in which delegated underwriting authority is given to market participants whose ambitions aren't always aligned ...
Drone Crashes, Security Threats Have States Demanding Power to Take Them Down
While authorities were desperately trying to save people from the deadly Fourth of July floods in Kerr County, Texas, a private drone collided with a search and rescue helicopter and forced it to ...
NY’s Hurricane Insured Loss Potential Up More Than 60% as Climate Changes
Insurance industry scientists put the spotlight on Northern U.S. cities in a new research paper about hurricane potential under a warmer climate scenario, finding that New York's insured losses could ...
Viewpoint: Rising False Advertising Claims Reveal Likely Coverage Gap
The steady rise in false advertising claims against consumer-facing companies has exposed a likely insurance protection gap. The drivers of these legal actions are many and varied and include ...
Nursing Homes Struggle With Trump’s Immigration Crackdown
Nursing homes already struggling to recruit staff are now grappling with President Donald Trump's attack on one of their few reliable sources of workers: immigration. Facilities for older adults and ...
Three Insurers Join Ward’s Annual Top 50 P/C Ranking for 2025
Property/casualty insurers have started to broadcast the fact that they have earned spots on Ward's list of 50 top-performing insurance companies for 2025, but only one was named for 35 straight ...