Hotel sues Lloyd’s underwriters and HDI Global Specialty over denied insurance claim

In October 2017, hotel agent Madison Hospitality Management signed an agreement with New York-based human services organization Acacia Network Housing to provide reservations for 74 rooms and allow Acacia to offer supervised temporary housing to homeless families for three years. . According to the lawsuit, MAve discovered “direct and substantial physical loss and intentional damage” … Read more

AXIS cedes more risk to external investors and earns more commissions in the third quarter of 2021

AXIS Capital, the globally active insurance and reinsurance company based in Bermuda, ceded more premiums and risks to outside investors supporting its range of insurance-linked securities (ILS) structures, earning more commission income from the reinsurance process of third parties. capital management business during the third quarter of 2021.It is the second consecutive quarter that AXIS … Read more

The Hartford Takes Wholesale Head For Boaters

the Hartford has appointed Michael Garrison as head of wholesaling for Navigators, a brand of The Hartford, effective November 1. In his new role, Garrison will lead the strategic direction, growth and underwriting of the business and will manage relationships with its wholesale distribution partners. He will report to Adrien Robinson, head of global specialty … Read more

NMI Secures $ 364 Million Mortgage Reinsurance With New Oaktown Re ILS

Mortgage insurance group NMI Holdings, Inc. has successfully secured $ 364 million of collateralized mortgage reinsurance protection from the capital markets with the Oaktown Re VII Ltd. transaction, which is its second mortgage-related note issuance of the year.As we explained earlier this month, NMI was back in the capital markets with a recently registered Bermuda-based … Read more

Open Enrollment for Health Coverage 2022 Begins Soon

Sign up for email (or text message) updates with important deadline reminders, helpful tips, and other information about your health insurance. Choose your state Select a StateAlabamaAlaskaArizonaArkansasCaliforniaColoradoConnecticutDelawareD.C.FloridaGeorgiaHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMountainNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVermontVirginiaWashingtonWest VirginiaWisconsinWyomingAmerican SamoaGuamNorthern Mariana IslandsPuerto RicoVirgin islands Choose a state. Get email updates Sorry, that email address is invalid. You … Read more

Risk strategies plummets for New Jersey brokerage

Risk Strategies, a national specialty insurance brokerage and risk management firm, has announced that it has acquired Corrigan Johnston Risk Advisors, an all-line brokerage focused on transportation-related industries. New Jersey-based Corrigan Johnston was founded in 2006 by its current president, Patricia Corrigan Johnston. The firm specializes in the development of custom traditional and alternative risk … Read more

Building Character, Confidence, and Community: The Power of the Performing Arts

Understanding the true power of the performing arts requires looking beyond the flashing stage lights. Countless hours of training, enthusiastic artists and a supportive atmosphere are what make up The talented arts. Founded by husband and wife duo Nicholé and CJ Morgan, the program was established to meet the needs of historically underserved students (grades … Read more

Everest Re hires Munich Re’s Beggs as North America reinsurance director

Global insurance and reinsurance firm Everest Re has announced a new senior appointment to the newly created position of Director of Reinsurance North America, hiring Jill Beggs of Munich Re as Senior Vice President.Jill Beggs will join Everest Re as Senior Vice President and Director of North American Reinsurance effective November 15, 2021. Beggs, who … Read more