PEMBROKE, Bermuda, July 09, 2024 (GLOBE NEWSWIRE) -- James River Group Holdings, Ltd. (“James River” or the “Company”) (NASDAQ: JRVR) today announced that two of its principal operating subsidiaries entered into a combined loss portfolio transfer and adverse development cover reinsurance agreement with State National Insurance Company, Inc. (“State National”). Under the terms … [Read more...] about James River Announces Legacy Reinsurance Agreement with State National Insurance Company
Regulatory
Key Cyber Trends in Insurance and Reinsurance
Jasmeet Ahuja and Peter Marta, both Partners at Hogan Lovells, along with Brian Lewis, Senior Broker, Cyber Practice Leader at Lockton Re and Robert Redpath, Senior VP, Regulatory & Technical Director at Enstar US, discussed the growing threat and elevated scale of cyber attacks at the July 2024 Membership Meeting. The session focused on the current landscape and trends in … [Read more...] about Key Cyber Trends in Insurance and Reinsurance
Lawyers Beware: Ethical Pitfalls and How to Avoid Them
Jeff Burman, General Counsel, Fortitude Re, Steven Schwartz, Partner, Chaffetz Lindsey, and Alicia Yeo, Associate, Chaffetz Lindsey, joined the Summer Membership Meeting Education Day line up with their topic: “Lawyers Beware: Ethical Pitfalls and How to Avoid Them.” The discussion focused primarily on the big issues relevant to in-house counsel and attorneys who represent … [Read more...] about Lawyers Beware: Ethical Pitfalls and How to Avoid Them
AIRROC Welcomes Senior Economist James Finucane as Keynote Speaker
One of the highlights of AIRROC’s Summer Membership Meeting was the keynote address by James Finucane, a Senior Economist with the Swiss Re Institute. Mr. Finucane provided the outlook for the property casualty insurance market with a focus on industry growth, underwriting profitability and investment returns. The upshot is that the industry is on a favorable trajectory, with … [Read more...] about AIRROC Welcomes Senior Economist James Finucane as Keynote Speaker
Abuse Claims: The Current Landscape
Amy Kallal and Pamela J. Minetto, Partners with Mound Cotton Wollan Greengrass LLP summarized the current state of law regarding Sexual Abuse and Molestation (SAM) claims which have exploded in number and potential exposure. This explosion is due to the enactment by states of so-called “reviver statutes” (statutes that give plaintiffs a window in which to bring a claim for … [Read more...] about Abuse Claims: The Current Landscape