Property
North America faces ‘exceptional’ change in wildfire catastrophe exposure: Chaucer’s Foley
Specialty re/insurer’s head of catastrophe research outlines the six trends that must inform the modelling of wildfire risk
Mapfre targets 95% COR in new strategic plan
Spanish insurance giant aims to exceed €32bn in premiums by the end of 2026
Brit appoints Cary deputy head of property treaty for Bermuda
Cary joins from QBE, where he was underwriting manager and head of property and casualty
State Farm names Farney as next CEO
Executive will succeed Michael Tipsord, who is retiring after 36 years with the US insurance giant
Insured losses reach hundreds of millions from US 'gorilla hail'
Storms ripped through the Midwest and south-eastern US last week
California plans catastrophe modelling extension to new lines
Insurers would be able to use models for flood, terrorism and wildfire underwriting
Liberty Mutual names Khanna US retail claims chief
Executive will oversee the strategic and operational direction of the US giant’s personal lines and small commercial claims and its customer and agent service organisations
NFIP incurs $364m in losses from Hurricane Idalia
Loss tally amounts to slightly more than 10% of Idalia’s $3.5bn private insured losses
Regulations 'bear blame for California availability crisis'
Proposition 103 blamed for preventing insurers from using the most current modelling technologies to set rates, forcing them to set rates solely based on historical data
Florida stabilising after two years of reform
Reform of the tort landscape in Florida is bearing fruit, state representative says
Hagerty swings to Q4 income as revenues jump 24%
US specialty motor insurer posts net profit of $12.7m in fourth quarter
Questions need to be asked about US casualty: Everest’s Beggs
Everest’s new chief operating officer for reinsurance, Jill Beggs, outlines the opportunities in casualty, property and specialty lines
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