Monthly Archives: April, 2025

Intact estimates Q1’25 cat losses at $244m

Intact Financial Corporation, a Canadian property and casualty insurer, has estimated total catastrophe losses for the first quarter of 2025 of approximately $244 million, pre-tax and net of reinsurance. Personal lines contributed $82 million, while commercial lines losses were...

Munich Re Specialty completes sale of GJW Direct to Ripe

Munich Re Specialty, part of the Munich Re Group insurance operations, has completed the sale of boat insurance specialist GJW Direct to Ripe. The deal, first announced in October 2024, marks the transfer of GJW Direct after more than...

District of Maryland | Maryland Settlement Processor Pleads Guilty to Submitting False Settlement Statements to Financial Institutions

Baltimore, Maryland – Rebecca Marie Cohn, aka Rebecca Marie Stanton, 38, of Fallston, Maryland, pled guilty in federal court to knowingly and willfully making false statements to financial institutions in connection with real-estate settlements.Kelly O. Hayes, U.S. Attorney...

Homeowners blindsided after policies dropped in wake of devastating disaster: ‘It’s very unfair’

Photo Credit: Getty Images Even though it happened on September 27, homeowners still face the repercussions of Hurricane Helene. However, this damage isn't from the high winds and flooding. Western North Carolina homeowners, like Rene Schiffhauer's family, are receiving...
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