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Top 10 for the Past Week

 
 
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History of Professional Lines Insurance
 
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1.

Largest Wholesale Broker, Amwins, to Acquire Rival Worldwide Facilities

Mar 5, 2021 -- The largest wholesale insurance broker, Amwins Group, is getting even larger as it has agreed to acquire Worldwide Facilities, the fourth-largest...
 
2.

Google to Offer Cyber Insurance From Allianz, Munich Re to Cloud Users

Mar 2, 2021 -- Google is teaming up with two global insurers to cover cyber breaches and related risks for businesses that use its cloud services, the first time...
 
3.

Update - Aon's $30B Bid for Willis Towers Watson Faces EU Antitrust Warning: Reuters

Mar 3, 2021 -- BRUSSELS – Aon will face a list of objections by the EU's antitrust watchdog which it must overcome with concessions to proceed with its $30...
 
4.

Court Up'holds' Insurers' Denial of $6M Crime Claim for Phishing Loss

Mar 1, 2021 -- Real estate software maker RealPage has been denied a $6 million computer crime insurance coverage claim because the stolen funds were not in its...
 
5.

Home Insurance Agency Hippo to Go Public in $5B SPAC

Mar 4, 2021 -- Hippo Enterprises said it will go public through a merger with a blank-check firm, backed by Silicon Valley heavyweights Reid Hoffman and Mark...
 
6.

GEICO Drives Up Berkshire 2020 Underwriting Profit

Mar 1, 2021 -- With GEICO's 2020 underwriting profit more than doubling above the level recorded in 2019, Berkshire Hathaway's full-year property/casualty...
 
7.

Winter Storm Uri Losses in Texas Expected in $10B - $20B Range

Mar 1, 2021 -- It's likely that insured losses in Texas from Winter Storm Uri, which overwhelmed the state in mid-February, will climb into the $10 billion to $20...
 
8.

Next Insurance to Acquire Affinity Agency AP Intego

Mar 3, 2021 -- Digital commercial insurance company Next Insurance has agreed to acquire AP Intego, a Massachusetts-based digital insurance agency providing small...
 
9.

Florida Legislative Session 2021: Insurance Bills to Watch

Mar 3, 2021 -- The Florida insurance industry will be fighting for property insurance reforms in the 60-day legislative session that kicked off this week, but...
 
10.

Banks Seeking New Protections in Wake of Citigroup's $900M Mistake

Mar 3, 2021 -- Wall Street banks are seeking new legal protections to help avoid a repeat of Citigroup Inc.'s accidental $900 million payment to Revlon Inc....
 
 
 

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IJA Aftershow: This Week with Frank Pennachio

In this episode of the IJA Aftershow, George and Patrick talk with Instructor Frank Pennachio about his class, Workers' Comp: Rates are Down, but Significant Risks are Up. Not yet a member of the...
 
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Diversity, Resilience, Innovation: Altmaier's NAIC Priorities for 2021

Florida insurance chief David Altmaier has a busy year ahead, and it won’t just include overseeing one of the most dynamic and complicated insurance markets in the world. Rather, for the next year,...
 
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February 2021: Severe Weather

Images depicting the severe weather that affected most of the U.S in February 2021.
 
 
 
 
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