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Insurance News & Reinsurance News


Find here the latest insurance industry news from around the world. The news is updaily almost hourly.

Insurance News Update

California Judge Will Let San Francisco Subpoena Uber for Driver Information
A California state judge said that San Francisco can demand from Uber records containing the ridesharing company’s driver contact information, the city attorney said. San Francisco City Attorney Dennis Herrera last month sought a court order compelling Uber Technologies Inc. …
Randall & Quilter to Sell Lloyd?s Agency to Medical Liability Insurer Coverys
Randall & Quilter Investment Holdings Ltd. announced it has reached agreement to sell the entire share capital of its Lloyd’s managing agency, R&Q Managing Agency Ltd. (RQMA), to Coverys, a provider of medical professional liability insurance based in Boston, Mass. …
Highly Contagious Citrus Disease Spreads to Alabama
A highly contagious bacterial disease that seriously threatens the U.S. citrus industry has been found for the first time in Alabama. Federal and state plant officials confirm that citrus greening was found in leaf and insect samples at a home …
Reinsurance Rates Continue to Soften with No End in Sight: S&P
The global reinsurance sector is poised for yet another full year of declining rates, ensuring that a hoped-for bottom of the current market cycle will remain elusive in 2017, Standard & Poor’s said in a new report. The continued downward …
Brexit Critics Now Emboldened to Block Prime Minister?s Plans for ?Hard Brexit?
When she called a snap election in April, Theresa May said she needed voters’ backing to silence rivals in Parliament who were trying to frustrate her plans for Brexit. Instead, the British prime minister’s electoral humiliation seven weeks later weakened …
North Carolina Senate Passes Legislation to Reduce Opioid Abuse
Legislation aimed at reducing opioid abuse and overdoses has passed the North Carolina Senate with unanimous bipartisan support. The measure approved Wednesday changes how drugs such as OxyContin and morphine are prescribed and dispensed. The painkillers come with a high …
Massachusetts House Approves Bill to Redo Recreational Marijuana Law
A bill that would repeal and replace the recreational marijuana law approved by Massachusetts voters in November cleared the House late Wednesday. Critics who lashed out at the proposal accused lawmakers of ignoring the will of the electorate and taking …
Tennessee-Based Reliance Partners Promotes Howell to SVP
Reliance Partners, a leading commercial insurance agency, has promoted Laura Ann Howell to the position of senior vice president. Prior to the promotion, Howell began her career with Reliance Partners in 2015 as vice president, overseeing HR and Finance. She …
Beecher Carlson Expands Energy Practice in the Northeast
Beecher Carlson Insurance Services LLC (Beecher Carlson), a specialized large account insurance broker, has expanded the northeast operations of its energy practice. Sara Kane has been appointed senior vice president. She will be responsible for developing and managing energy risk …
Survey: Agents Suggest How Carriers Can Move from ?Good? to ?Great?
One would expect to see high levels of satisfaction between an independent agency and its top carrier, but that isn’t always the case. Peeling back the layers usually reveals fertile ground for improvement and shows the path to higher performance …

Reinsurance News Update

Survey: Agents Suggest How Carriers Can Move from ?Good? to ?Great?
One would expect to see high levels of satisfaction between an independent agency and its top carrier, but that isn’t always the case. Peeling back the layers usually reveals fertile ground for improvement and shows the path to higher performance …
North Carolina Senate Passes Legislation to Reduce Opioid Abuse
Legislation aimed at reducing opioid abuse and overdoses has passed the North Carolina Senate with unanimous bipartisan support. The measure approved Wednesday changes how drugs such as OxyContin and morphine are prescribed and dispensed. The painkillers come with a high …
Randall & Quilter to Sell Lloyd?s Agency to Medical Liability Insurer Coverys
Randall & Quilter Investment Holdings Ltd. announced it has reached agreement to sell the entire share capital of its Lloyd’s managing agency, R&Q Managing Agency Ltd. (RQMA), to Coverys, a provider of medical professional liability insurance based in Boston, Mass. …
Tennessee-Based Reliance Partners Promotes Howell to SVP
Reliance Partners, a leading commercial insurance agency, has promoted Laura Ann Howell to the position of senior vice president. Prior to the promotion, Howell began her career with Reliance Partners in 2015 as vice president, overseeing HR and Finance. She …
Brexit Critics Now Emboldened to Block Prime Minister?s Plans for ?Hard Brexit?
When she called a snap election in April, Theresa May said she needed voters’ backing to silence rivals in Parliament who were trying to frustrate her plans for Brexit. Instead, the British prime minister’s electoral humiliation seven weeks later weakened …
California Judge Will Let San Francisco Subpoena Uber for Driver Information
A California state judge said that San Francisco can demand from Uber records containing the ridesharing company’s driver contact information, the city attorney said. San Francisco City Attorney Dennis Herrera last month sought a court order compelling Uber Technologies Inc. …
Reinsurance Rates Continue to Soften with No End in Sight: S&P
The global reinsurance sector is poised for yet another full year of declining rates, ensuring that a hoped-for bottom of the current market cycle will remain elusive in 2017, Standard & Poor’s said in a new report. The continued downward …
Beecher Carlson Expands Energy Practice in the Northeast
Beecher Carlson Insurance Services LLC (Beecher Carlson), a specialized large account insurance broker, has expanded the northeast operations of its energy practice. Sara Kane has been appointed senior vice president. She will be responsible for developing and managing energy risk …
Highly Contagious Citrus Disease Spreads to Alabama
A highly contagious bacterial disease that seriously threatens the U.S. citrus industry has been found for the first time in Alabama. Federal and state plant officials confirm that citrus greening was found in leaf and insect samples at a home …
Massachusetts House Approves Bill to Redo Recreational Marijuana Law
A bill that would repeal and replace the recreational marijuana law approved by Massachusetts voters in November cleared the House late Wednesday. Critics who lashed out at the proposal accused lawmakers of ignoring the will of the electorate and taking …

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