Insurance Journal

• Arch Capital Estimates Q1 Catastrophe Losses Could Reach $190 Million April 19, 2021
  Arch Capital Group Ltd. estimated a range of pretax catastrophe losses of $180 million to $190 million for the first quarter across its property casualty insurance and reinsurance segments. A major reason for the claims during Q1 will be January’s …
• Helix Underwriting to Write Excess Casualty, Forming Agency Agreement with Watford April 19, 2021
  Helix Underwriting Partners Ltd., the Bermuda-based managing general agency, has expanded its agency platform into the excess casualty insurance segment. The move will see Tim Hadler join as chief underwriting officer to lead the new program, which has received regulatory …
• Two Die in Tesla Crash in Texas April 19, 2021
  Two men died after a Tesla vehicle, which was believed to be operating without anyone in the driver’s seat, crashed into a tree on Saturday night north of Houston, authorities said. “There was no one in the driver’s seat,” Sgt. …
• FDA Halts Manufacturing at Plant Where Vaccines Were Ruined April 19, 2021
  The U.S. Food and Drug Administration has asked Emergent BioSolutions Inc. to stop manufacturing new drug material at its plant in Baltimore, which was responsible for millions of ruined COVID-19 vaccine doses earlier this month. The U.S government had put …