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Maine Town Plan to Remove Two Dams Includes Marina Insurance Measure
The Yarmouth town council voted unanimously this month to remove two town-owned dams on the Royal River and consider fish passage improvements at a stretch of rapids in between them, a historic vote more than two decades in the making. …
POSTED JANUARY 16, 2025 1:32 PM |
Too High? Too Low? BMS Analyzes Early Wildfire Insured Loss Estimates
Industry analysts’ early estimates of insurance industry losses for the January 2025 California wildfires have already grown from $8 billion to $40 billion-plus—with many noting that it’s too early for precision in the numbers. In short, whether they were calculated …
POSTED JANUARY 16, 2025 1:12 PM |
Bayer Faces Billions in Payouts for Decades-Old Toxic Mess
Bayer AG’s Monsanto unit stopped making toxic PCBs a half century ago, but the legal fallout lingers even as many of the building materials made with the chemicals are no longer used in US homes, schools and factories. On Tuesday …
POSTED JANUARY 16, 2025 1:04 PM |
People Moves: Lloyd’s Names AIG Veteran Baugh as Council Member; White Bear Managers Taps Former Castel Bloodstock Underwriters Woodward and Long
This edition of International People Moves details appointments at Lloyd’s and White Bear Group. Details of these new hires follows here. Lloyd’s Appoints AIG Veteran Baugh as New Council Member, Succeeding Maidment Lloyd’s, the insurance and reinsurance marketplace, announced that …
POSTED JANUARY 16, 2025 12:43 PM |
Lloyd’s Syndicate AEGIS London Launches Portfolio Solutions Division
Lloyd’s syndicate AEGIS London announced the creation of a new Portfolio Solutions division that will focus on following third-party underwriting expertise in the London market. Led by respected underwriter Richard Palengat, Portfolio Solutions will allow AEGIS London to engage with …
POSTED JANUARY 16, 2025 11:24 AM |
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