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People Moves: Xceedance Names Tiwari President, EMEA/APAC; Chubb Climate+ Appoints Prunier for Int’l Operations; Howden Taps Aon’s Green for Property
Aug 9 2023 // This edition of International People Moves details appointments at Xceedance, Chubb, and Howden. A summary of these new hires follows here. Xceedance Names Tiwari President, EMEA & APAC Xceedance, the Boston-based...
Commercial Property Loans Are So Unappealing Banks Trying to Dump Them
Aug 8 2023 // Banks seeking to sell commercial-property loans are encountering a dried-up market with few options for an easy exit. Lenders including Goldman Sachs Group Inc. and JPMorgan Chase & Co. have been trying to sell debt...
NY Lawmakers Vow to Block Property Insurers from Asking About Subsidized Tenants
Aug 7 2023 // Three New York legislators said they plan on pushing bills next year that would bar property insurers from requesting information about subsidized housing, a practice that discriminates, an NYC news outlet reported. The...
Markets/Coverages: NIP Expands GrowPro Program to Include Agricultural Property
Aug 4 2023 // NIP Group announced the nationwide expansion of its GrowPro insurance program. Originally designed to cater to hydroponic growers, greenhouse operators, nurseries, garden centers, and indoor vertical farm operations,...
NIP Group Expands GrowPro® Insurance Program to Include Agricultural Property, Offering Comprehensive Coverage for Hydroponic Growers, Greenhouse, and Indoor Vertical Farm Operations
Aug 1 2023 // WOODBRIDGE, NJ, August 1, 2023 – NIP Group, a renowned specialty insurance provider, is thrilled to announce the nationwide expansion of its highly successful GrowPro® insurance program. Originally designed to cater...
Global Insurance Prices Continue to Moderate in Q2 With Exception of Property: Marsh
Jul 31 2023 // Global commercial insurance pricing rose 3% in the second quarter of 2023, down from 4% in Q1, according to Marsh, which pointed to two notable trends during Q2: a moderation in cyber rates and continuing challenges in...
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