QBE, the Australia headquartered global insurance and reinsurance group, has now secured its targeted $250 million of retrocessional protection from its first catastrophe bond sponsorship since 2013, as the Bridge Street Re Ltd. (Series 2025-1) issuance has now been priced roughly 14% below the mid-point of initial guidance, we are told.QBE has been back in … Read more
Four Minneapolis restaurants with shared ownership will pay $105,784 in back wages, damages and penalties to resolve violations identified by U.S. Department of Labor, including illegally firing an employee who cooperated with investigators. The department’s Wage and Hour Division found Boludo Holding Co. and its owners, Jerad Rassmussen and Facundo Defraia, violated the Fair Labor … Read more
In California, 2 new ratings affirm that no health plan tops Kaiser Permanente when it comes to providing high-quality care and personalized service. California’s Office of the Patient Advocate and Covered California gave us their highest possible ratings for overall quality of care in their latest reports. Office of the Patient Advocate: 5 out of … Read more
When choosing a SIP trunk provider, it’s important to consider your company’s current infrastructure, as well as your anticipated monthly call volumes and destinations. You should anticipate what phone system features you’ll want—such as ring groups, IVR and analytics. Consider your company’s scaling expectations and, if you have remote workers, where they’re located. Here’s a … Read more
Having seen the volume of premiums ceded to its Lifson Re collateralized reinsurance sidecar shrink during the first-half of this year, US headquartered insurance holding company W. R. Berkley Corporation caught up a little through the third-quarter, suggesting a change in timing may have driven part of the H1 decline seen.As a reminder, we reported … Read more
