News
Distinguished launches property-focused reinsurance arm
2+ hour, 53+ min ago (222+ words) US P&C MGA Distinguished, a White Mountains subsidiary, has expanded into the reinsurance market with the launch of Distinguished Reinsurance (Distinguished Re), marking its first move into the sector and opening with a property reinsurance platform. Led by Aspen's…...
Bamboo Insurance is homebound under new ownership
1+ week, 2+ hour ago (166+ words) Bermuda Re Bamboo Insurance is homebound under new ownership California-based MGA Bamboo Insurance will undo its previous re-domiciliation and return to Bermuda under new ownership, as reported by our sister publication Captive Review from the Bermuda Captive Conference. Robert Regalado…...
Florida's legal reforms: a turning point for insurance litigation and why Bermuda should care
5+ mon, 6+ day ago (688+ words) What has changed and why it matters The Assignment of Benefits (AOB) abuse has effectively been banned, which has prevented contractors or attorneys from pursuing litigation in the place of the policyholder, which sometimes occurred without the policyholder's knowledge. And…...