Insurance news

• Homeowners who made subsidence claims are unable to switch insurers

  20-02-2016 08:00
  
  Even if the problem was decades ago and your property has been underpinned, providers don’t want to knowHomeowners who have claimed for subsidence on their insurance are stuck paying expensive premiums to existing providers because no other insurers will offer them cover.Mary Pope, aged 72, who lives in Cardiff, is among many people who have contacted the Guardian in despair that they cannot move to a different insurer, even though the subsidence claim they made was many years ago. Related
  
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• Downey appointed Everest Re deputy CUO

  20-02-2016 00:25
  Everest Re has appointed Christopher Downey as deputy chief
  underwriting officer for the group, the carrier announced today (19
  February).
  Downey has joined from Montpelier Re - now part of Endurance -
  where he served as senior vice president and head of its global
  casualty and specialty treaty division.
  The move to Everest Re will see Downey reunited with the
  Bermudian's executive vice president and chief underwriting
  officer John Doucette.
  The pair worked together at Alterra and its predecesso
  
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