Skip to main content

Hedge Fund Money Is Reshaping a 180-Year-Old Insurance Model

23 hours 20 minutes ago
Alternative investment managers are pouring unprecedented sums of money into the market for property cover, and reshaping a 180-year-old reinsurance model in the process. Allocations to catastrophe bonds and other insurance-linked securities popular among hedge funds and institutional investors rose …
Admin

California Utility Bills Are 20% Higher Due to Wildfires

23 hours 21 minutes ago
The escalating cost of wildfires now adds $41 to the average monthly power bill for residential customers of California’s largest utility, according to a government report that calls for a systemic overhaul of how the state responds to conflagrations as …
Admin

Inszone Acquires Oklahoma’s Schuessler

3 days 11 hours ago
Inszone Insurance Services announced its expansion in Oklahoma through the acquisition of Schuessler Insurance, Inc., a long-standing independent insurance agency based in Alva, Oklahoma. Founded in 1973 by Harvey Schuessler, the agency began as a small operation run from Schuessler’s …

Markel Expands in Australia With Office in Perth

3 days 11 hours ago
Markel Insurance, the insurance operations within Markel Group Inc., announced the opening of a new office in Perth, Western Australia, with immediate effect. Building on growth from existing Australian offices, Markel is expanding its local presence with the appointments of …
Checked
1 hour 45 minutes ago
Insurance Journal
Insurance Journal delivers the latest business news for the Property/Casualty insurance industry
Subscribe to Insurance Journal feed