Global advisory, broking and solutions company Willis Towers Watson has launched Asia’s first four-peril parametric insurance to protect Sri Lanka’s shrimp farms against weather risks
Connecticut representative Joe Courtney has introduced the Casualty Loss Deduction Restoration Act to provide citizens with financial relief following losses from unexpected disasters
North Carolina insurance commissioner Mike Causey has appointed Angela Hatchell as senior deputy commissioner of agent services, consumer services and regional director divisions
Joel Chansky (pictured), most recently a consulting actuary at actuarial and consulting firm Milliman, has retired
MSL Captive Solutions (MSL) has become a managing general underwriter (MGU) for Everest Reinsurance Company (Everest Re)
Arthur J. Gallagher & Co. has acquired Chantilly, Virginia-based The Andersen Group
Aon partner with AbsoluteClimo advances climate modelling for climate-based perils
AM Best has assigned a financial strength rating of A- (Excellent) and a long-term issuer credit rating of “a-” (Excellent) to Delaware-based Velocity Specialty Insurance Company (VSIC)