Insurance Journal
- Viewpoint: California Needs Regulatory Reform and Quick Rate Review to Halt Personal Lines Meltdown June 2, 2023The regulation of property/casualty insurance in California has been an epic failure—look no further than the state of the market for personal automobile and homeowners insurance. California Insurance Commissioner Ricardo Lara’s automobile insurance rate moratorium and refusal to process rate …Admin
- Markets/Coverages: Evertas to Offer Largest Crypto Insurance Policy With Coverage Up to $420M June 2, 2023London-based Arch Insurance International has authorized cryptocurrency insurer Evertas to increase the coverage limit for a single policy to $420 million for custodians or exchanges in what the U.S firm said is the highest in the industry. The move is …Admin
- People Moves: Alliant Adds McGrath to Chicago Team; UFG Appoints Allsup as Assistant VP June 2, 2023Alliant Insurance Services Names Matt McGrath as Vice President, Americas Division Matt McGrath has joined Alliant Insurance Services’ Alliant Americas division as vice president. Based in Chicago, McGrath will focus on designing, implementing, and managing comprehensive risk and insurance solutions …
- Texas Lawmakers Allocated $2 Billion to Increase Water Supply, Reduce Flooding June 2, 2023During this year’s legislative session, Texas lawmakers allocated part of the state’s historic $32.7 billion surplus toward better protecting the state against droughts and floods — an investment that followed one of the hottest summers on record and the worst …Admin
- MGA Volante Global Launches Branch in Singapore, Managed by Asta June 2, 2023Volante Global, a multi-class, multi-territory international MGA and Lloyd’s syndicate, has launched Volante Singapore, according to Asta, the Lloyd’s third-party managing agent. “The launch of Volante Singapore is an early milestone in our own expansion into Asia. The region represents …
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