The Hartford Announces Appointment Of A. Morris ‘Mo’ Tooker As Company President

Tooker to oversee all property-and-casualty businesses The Hartford appointed Tooker as the company’s president. In this new role, he will ...
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MMG’s Matt McHatten Elected Chair of The Insurance Information Institute

Mr. McHatten is President and CEO at MMG Insurance Matt McHatten, President and Chief Executive Officer at MMG Insurance, was ...
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USAA Announces Juan C. Andrade as President and Chief Executive Officer

Global, Industry Leader and Public Servant Committed to Serving USAA, the Military Community and Their Families The USAA Board of ...
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Arbella’s Bill Hughes Promoted to SVP of Commercial Lines

Mr. Hughes First Joined Arbella in 2012 The Arbella Insurance Group is pleased to announce the promotion of Bill Hughes ...
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Immigration Spurs Big Bump In Mass. Population

Donahue Institute Cites Largest Annual Population Spike Since 1964 STATE HOUSE, BOSTON, JAN. 7, 2025…..Fueled by the highest immigration levels ...
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Mercury says LA wildfire losses to exceed reinsurance retention

Insurer Mercury General Corporation has said that it expects the ongoing wildfires in Los Angeles, California will result in losses ...
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ILS manager & investor success at matching risk returns vital for market growth: Dubinsky, Gallagher Securities

2024 was another record issuance year for the catastrophe bond market and with total alternative reinsurance capital reaching new heights, ...
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LA fires: “Considerable attachment erosion” likely for some aggregate cat bonds – Steiger, Icosa

With loss estimates for the Los Angeles, California wildfires having risen, there is now likely to be “considerable attachment erosion” ...
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Munich Re estimates 2024 insured catastrophe losses at $140bn

Munich Re estimates the insurance and reinsurance industry’s financial toll from natural catastrophe events in 2024 at US $140 billion, ...
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Cat bond market yield falls back into single figures at 9.94%, spreads compress on demand

High-demand for catastrophe bond investments has compressed risk spreads somewhat, resulting in the overall yield of the catastrophe bond market ...
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