News
Executives On The Move at XL Catlin and W.R. Berkley
XL Catlin brought on a new client distribution leader for its Southeast broker and client management operation. W.R. Berkley's W.R. Berkley Corp.'s Berkley Program Specialists hired a business ...
Wells Fargo Accused of Charging Improper Mortgage Fees in Proposed Class Action Lawsuit
A homeowner has filed a proposed class action lawsuit accusing Wells Fargo & Co of improperly charging thousands of customers nationwide to lock in interest rates when their mortgage applications ...
Flood Insurance Program Renewal Likely in Harvey’s Wake: Key Republican
A key Republican said Hurricane Harvey will spur Congress to reach a deal to fund the nation's flood insurance program before it expires next month, even though divisions persist over how much the ...
Lloyd’s Insurers’ Hurricane Harvey Risks Drive Investors Away
Lloyd's of London insurers dropped amid speculation that they will suffer losses from Tropical Storm Harvey that's battering Houston, the epicenter of the U.S. oil industry. The storm, which which ...
Hurricane Harvey Flood Insured Losses in Texas Could Rival Katrina’s
Flood damage in Texas from Hurricane Harvey may equal that from 2005's Hurricane Katrina, the costliest natural disaster in U.S. history, said an insurance research group on Sunday. As heavy rain ...
Ironshore’s Singapore Arm Debuts Legal Event Expense Cover
Ironshore, via its Singapore branch, launched a specialty professional lines product that offers protection for after-the-event legal expenses to mitigate commercial litigation loss exposure. ...
Harvey Aftermath: Half of Residential/Commercial Properties in Houston Likely Lack Flood Insurance
In the wake of Hurricane Harvey and its aftermath along the Texas coast, one ominous reality has emerged: just over 50 percent of residential and commercial properties in metro Houston likely lack ...
On-Demand Delivery Drones Arrive in Iceland
An Israeli autonomous drone delivery company has started commercial operations in Reykjavik, Iceland, one of the first in the world to offer the service on demand. Tel Aviv-based Flytrex's drones ...