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Arc Legal Group, a member of the AmTrust Financial Group and a prominent provider of ancillary products and services in the UK, has announced the immediate appointment of Lee Taylor as Chief Executive Officer, pending regulatory approval. With two...
Posted: Oct 14, 2024
Broadstone, an independent financial services consultancy, has announced the appointment of Rahul Choudhary as Director of Regulatory Analytics in its Insurance, Regulatory & Risk division. In this role, Choudhary will help expand the division...
Posted: Oct 14, 2024
The US commercial insurance sector saw a composite rate increase of 3.8% in Q3 2024, with property insurance up 5.7% and commercial auto and transportation risks experiencing the highest rise at 7.3%. MarketScout notes that although insurers expec...
Posted: Oct 14, 2024
Duck Creek Technologies, a provider of SaaS core systems for the P&C insurance industry, has acquired Risk Control Technologies, Inc. (RCT), a Toronto-based provider of risk management and loss control solutions. According to the announcement,...
Posted: Oct 14, 2024
Carriers that have the depth of experience and the vision to create and maintain stable portfolios will be better partners to buyers and distributors of insurance in the long run. The post
Posted: Oct 13, 2024
A New Era in Life Insurance Underwriting Life & Health ClareCarroll1
Posted: Oct 13, 2024
Currently, the company is licensed in 48 states and the District of Columbia.
Posted: Oct 13, 2024
This marks the 24th consecutive year Foresters has maintained this rating.
Posted: Oct 13, 2024
Insurance Business Magazine - US
Posted: Oct 11, 2024
Insurance Business Magazine - US
Posted: Oct 11, 2024
Insurance Business Magazine - US
Posted: Oct 11, 2024
Homeowners Insurers Argue for a 42% Average Rate Hike in North Carolina With many western North Carol...
Posted: Oct 11, 2024
New App Developed by USF Researchers Tracked Coastal Flooding During Hurricane Helene A web-base...
Posted: Oct 11, 2024
Posted: Oct 11, 2024
The latest people news in the industry today. The post Will Thomas-Ferrand to Lead Marsh’s Captive Insurance Business appeared f...
Posted: Oct 11, 2024
The latest people news in the industry today. The post Pete Galla Joins Alliant Insurance S...
Posted: Oct 11, 2024
The latest people news in the industry today. The post Jeremy Gallant and Bradley Parrish Promoted to Senior Vic...
Posted: Oct 11, 2024
A follow-up inspection by federal workplace safety investigators in April 2024 found a Janesville, Wisconsin recycling company continuing to expose employees to unsafe levels of lead and cadmium while they dismantled cathode ray tubes from older TVs,...
Posted: Oct 11, 2024
Inszone Insurance Services announced its acquisition of San Antonio Insurance Services, Texas-based agency known for its strong focus on trucking insurance and a broad array of property and casualty solutions. Founded in 2012 as a mother-daughter age...
Posted: Oct 11, 2024
Kama Moseley, JD, PLCS, CAPI, has joined Alliant Insurance Services as Senior Vice President, Producer with Alliant Private Client. Alliant Private Client. Alliant said that Kansas-based Moseley will enhance the national brokerage’s presence in...
Posted: Oct 11, 2024
TOYAH — After a restless night of sleep, Elida Machuca texted her neighbor, searching for answers. The air around her house in this West Texas town stunk of rotten eggs. “Last night, about 1 a.m., it was so bad we …
Posted: Oct 11, 2024
People who lived near the disastrous East Palestine derailment last year should still be able to receive personal injury payments even while the bulk of their $600 million class action settlement with Norfolk Southern railroad remains on hold during...
Posted: Oct 11, 2024
Insurance agents and carriers in the path of Hurricane Milton reported only minor damage to their own offices and homes but a rapidly growing number of claims from residential and commercial policyholders for roof, flood and auto damage. The Florida...
Posted: Oct 11, 2024
Strategic Risk Solutions (SRS), an independent provider of insurance, reinsurance and captive management and consulting services, has announced that Konrad Baumann has joined SRS Switzerland as a General Manager of SRS Europe. He joins the organis...
Posted: Oct 11, 2024
Insurance Business Magazine - US
Posted: Oct 11, 2024
Insurance Business Magazine - US
Posted: Oct 11, 2024
Insurance Business Magazine - US
Posted: Oct 11, 2024
Tego Insurance, a leading Australian medical malpractice insurer, successfully went live with Five Sigma’s AI-Native claims management platform in August – just 9 weeks after kick-off.
Posted: Oct 11, 2024
According to the latest forecasting report by the Insurance Information Institute (Triple-I) and collaborating partner, Milliman, the first-half economic and underwriting results for the US property and casualty (P&C) industry were better than...
Posted: Oct 11, 2024
Employer health insurance premiums rise 7% to $25,572 for families in 2024, while coverage of new weight-loss drugs remains limited, KFF survey finds. The post
Posted: Oct 11, 2024
Altus Consulting, a specialist in Financial Services Management Consultancy, has released a whitepaper titled All Aboard for Modernisation: Next Stop Underwriting, which discusses the insurance industry’s imminent next phase of modernisation...
Posted: Oct 11, 2024
Fitch Ratings expects Hurricane Milton to cause between $30 billion and $50 billion in insured losses to push total industry losses in 2024 above $100 billion for the fifth straight year. The range of losses expected by rating agency Fitch …
Posted: Oct 11, 2024
Act immediately to prevent harassment as defined by federal and state anti-discrimination laws. The post Social Media and the Workplace — It’s Complicat...
Posted: Oct 11, 2024
The Hawaii Supreme Court's ruling limiting insurance coverage in a climate-change lawsuit could have far-reaching implications for the fossil fuel industry. The post
Posted: Oct 11, 2024
A new integrated insurance and asset management platform has been created through the strategic combination of investment company Westaim, global institutional asset manager Arena, and Ceres Life, a cloud-native, highly scalable annuity platform t...
Posted: Oct 11, 2024
MIC Global (MIC), the full-stack embedded micro insurance provider, announced it has applied to become a Lloyd’s coverholder of Greenlight Re’s Syndicate 3456, subject to applicable approvals. This strategic move marks a strengthening of...
Posted: Oct 11, 2024
MIC Global (MIC), the full-stack embedded micro insurance provider, announced it has applied to become a Lloyd’s coverholder for Greenlight Re’s Syndicate 3456, subject to applicable approvals. This strategic move marks a strengthening of...
Posted: Oct 11, 2024
J.P. Morgan’s equity analyst team have stated that hurricane Milton is likely to have exhausted much of catastrophe budgets for Q4’24 in general, with the remainder of the quarter yet to come. Ultimately, analysts noted that they see t...
Posted: Oct 11, 2024
InsurTech Intelligent AI has partnered with the Building Cost Information Service (BCIS) to launch a new AI-driven property rebuild cost platform. The Intelligent Rebuild Cost Platform (IRCP) was developed through Lloyd’s Lab in collaboratio...
Posted: Oct 11, 2024
Storm Weakened But Still Brought 120-mph Winds to St. Petersburg Area Hurricane Milton’s devastating path across Florida has left at least 10 dead, millions without power, and destroyed homes and crops, as authorities warn it could take days to...
Posted: Oct 11, 2024