Like local jails nationwide, Montana’s small holding facilities have become institutions of last resort as patients in mental health crisis wait for beds at a mental hospital.
A notably large brood of periodical cicadas will emerge from underground in a number of eastern U.S. states this spring.
Chaucer Group, the specialty re/insurance business, has announced the appointments of Emma Brown and Andy Cleair as Class Underwriters within its International Property division. Both are based in London and report directly to Mel Smart, Head of International Property Fac. In their new roles, Brown and Cleair will work closely with Smart to help expand […]
Trium Cyber, the authorised service company for Syndicate 1322 at Lloyd’s, has developed in collaboration with HITRUST, an innovative approach to more accurately quantify risk by combining actuarial science with third-party security certification. Thanks to this collaboration, Trium will be able to provide greater cyber coverage at lower cost, the firm noted. Using its new […]
Yemen’s Houthi rebels say a U.S. strike has hit a detention center for migrants in Saada, killing dozens of people.
AM Best has revised the outlook of SiriusPoint’s rated operating subsidiaries to positive from stable, citing the firm’s consolidated balance sheet strength, operating performance, neutral business profile, and appropriate enterprise risk management. The rating agency explained that revising the outlook to positive from stable reflects SiriusPoint’s improved balance sheet strength following management actions, including derisking […]
Hosted by Jane Pauley. In our cover story, Seth Doane reports on the funeral of Pope Francis, and the pontiff’s legacy. Plus: David Martin looks back at the events of the Fall of Saigon, 50 years ago this week; Mo Rocca traces the life of singer-songwriter Bobby Darin, the subject of a Broadway musical; Lee […]
A recent survey by the Lloyd’s Market Association (LMA) found that 40% of London market firms are actively using AI tools in some areas or have even widely integrated them into their workflows; however, AI adoption still faces significant barriers. The LMA recently hosted a seminar on the use of AI within the London specialty […]
Ping An Insurance Company of China has announced its first quarter financial results, reporting that its property & casualty (P&C) segment maintained steady insurance business growth and good business quality. The P&C sector demonstrated a strong performance, with premium income increasing by 7.7% year-on-year to RMB 85.138 billion. Insurance revenue also saw a positive uptick, […]
Duck Creek Technologies, a provider of software solutions for property and casualty (P&C) and general insurance, has announced the appointment of General Daniel Hokanson, USA, Ret. to the company’s board of directors. Hokanson, a retired 4-Star General, served as a member of the Joint Chiefs of Staff and the 29th Chief of the National Guard […]
