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This post is part of a series sponsored by IAT Insurance Group. The Federal Motor Carrier Safety Administration (FMCSA) is revamping its Compliance, Safety and Accountability system to consolidate violations, simplify severity weights, update interve...
Posted: Apr 09, 2025
This post is part of a series sponsored by Old Republic Surety. A Medicare bond from Old Republic Surety can protect suppliers of durable medical equipment, prosthetics, orthotics and supplies (DMEPOS) from financial risks, ensure compliance with reg...
Posted: Apr 09, 2025
Sircon’s move to the AWS cloud brings enhanced reliability, more efficient security, and reduced downtime.
Posted: Apr 09, 2025
Posted: Apr 09, 2025
Posted: Apr 09, 2025
U.S. President Donald Trump said on Wednesday he would temporarily lower new tariffs on many countries, even as he raised them further on imports from China, in a sudden reversal that sent U.S. stocks sharply higher. Trump’s announcement came l...
Posted: Apr 09, 2025
Insurance Industry Contemplates Knock-On Effect of Tariffs to Claims, Consumers Insuran...
Posted: Apr 09, 2025
AccuWeather: Severe Storms in Central US Cause $80-$90B in Damages, Economic Loss A multiday s...
Posted: Apr 09, 2025
State Farm’s California Emergency Rate Request Dropped to 17% Lawyers fo...
Posted: Apr 09, 2025
Swollen Rivers Flood Towns in the South and Midwest Days of unrelenting downpours swelled rivers to nea...
Posted: Apr 09, 2025
Appalachia Flood Risk Climbing: Report A new report from the largest private floo...
Posted: Apr 09, 2025
U.S. Road Deaths Drop Below 40,000, First Time Since COVID A projected 39,345 people died in U.S. traffic...
Posted: Apr 09, 2025
Allianz report reveals 51% of companies fear civil unrest as protests spike worldwide; terrorism, state-sponsored sabotage, and environmental activism pose growing threats to operations. The post
Posted: Apr 09, 2025
MNK Group has launched a new unified brand, which integrates its broking, MGA, and risk-taking entities to ensure a consistent customer experience. The new group website (groupmnk.com) connects all underlying entities across the UK, Europe, North Ame...
Posted: Apr 09, 2025
China’s financial regulator plans to raise limits for insurance funds’ investment in the stock market, as part of action taken to increase support for capital markets and the real economy. It will raise the upper limit of the equity asset...
Posted: Apr 09, 2025
Inszone Insurance Services, headquartered in Rancho Cordova, California, made a series of leadership promotions in its Midwestern region. Jared Strong is now vice president of Illinois. Strong has been with Inszone for five years, previously serving...
Posted: Apr 09, 2025
Property-catastrophe capacity remained adequate to meet demand during the April 1 renewals for US reinsurance buyers, despite the record losses from California’s January wildfires, according to Aon and Gallagher Re in their renewal reports. Rei...
Posted: Apr 09, 2025
The angry mutterings at the Permian Basin Petroleum Association’s “Spring Swing” golf tournament this week weren’t all about missed putts or lost balls. The Texas oilmen on the fairways had a more serious concern: The presiden...
Posted: Apr 09, 2025
Zoox is Amazon’s autonomous vehicle unit.
Posted: Apr 09, 2025
The startup claims to serve over 1 million users.
Posted: Apr 09, 2025
CyberShore Bermuda provides up to $30 million in follow-form excess Bermuda capacity.
Posted: Apr 09, 2025
Coverage is offered through The Hanover's independent agents in Michigan and Illinois.
Posted: Apr 09, 2025
Jason Burns, previously of Chubb and Blue Atlantic Reinsurance, joined property and casualty (P&C) insurer and reinsurer Sompo last month as Senior Vice President (SVP), Ceded Reinsurance. Burns brings more than two decades of re/insurance ind...
Posted: Apr 09, 2025
A bond market designed around natural catastrophes is proving remarkably resilient to a man-made market meltdown. While most markets have seen deep selloffs since Donald Trump’s “Liberation Day” tariff announcement, investors in cat...
Posted: Apr 09, 2025
Lincoln Financial and Bain Capital have announced a long-term strategic partnership, with Bain Capital acquiring a 9.9% ownership stake in Lincoln for $825 million. As part of the deal, the two companies will establish a 10-year investment managem...
Posted: Apr 09, 2025
Marsh, an insurance broker and risk advisor within Marsh McLennan, has launched CyberShore Bermuda, an exclusive excess cyber insurance facility designed to provide Marsh clients with stronger protection and a streamlined experience. CyberShore Be...
Posted: Apr 09, 2025
Staffing shortages create additional risk as companies increase dashcam adoption by 29% and expand hands-free policies to protect drivers, a Nationwide survey finds. The post
Posted: Apr 09, 2025
Hackers intercepted about 103 bank regulators’ emails for more than a year, gaining access to highly sensitive financial information, according to two people familiar with the matter and a draft letter to Congress seen by Bloomberg News. The at...
Posted: Apr 09, 2025
Global insurance broker Acrisure has announced the appointment of Mark Wassersug as Chief Technology Officer and Shawn Pelsinger as Chief Administrative Officer, effective later this month. Wassersug and Pelsinger will report to Greg Williams, Co-...
Posted: Apr 09, 2025
Helix Underwriting Partners Ltd., the Bermuda-based managing general agent (MGA), has launched a professional lines program with a maximum line limit of $10 million. Backed by Somers Re, the Bermuda-based program is writing a portfolio of professiona...
Posted: Apr 09, 2025
Reinsurance broker Gallagher Re has announced the appointment of Riaan Botes as Regional Director – South Africa. With 25 years of experience in reinsurance, Botes brings a wealth of expertise and leadership to his new role. The executive is...
Posted: Apr 09, 2025
PointeNorth Insurance Group, one of the largest and fastest-growing independent agencies in the Southeast, has acquired three agencies in Alabama, the latest move in the group’s expansion plans. The acquisitions include Holloway and Hunt Insura...
Posted: Apr 09, 2025
PointeNorth Insurance Group, one of the largest and fastest-growing independent agencies in the Southeast, has acquired three agencies in Alabama, the latest move in the group’s expansion plans. The acquisitions include Holloway and Hunt Insura...
Posted: Apr 09, 2025
JACKSON, Miss. (AP) — A judge has dismissed a lawsuit by former Mississippi Gov. Phil Bryant that claimed a local news outlet defamed him in public comments about its Pulitzer Prize-winning reporting on the misspending of $77 million in federal ̷...
Posted: Apr 09, 2025
Fitch Ratings, a provider of credit ratings and financial analysis, has outlined the significant indirect risks facing EMEA insurers due to the ongoing US tariffs and resulting geopolitical tensions. While insurers in the region are not directly a...
Posted: Apr 09, 2025
DORAL, Fla. (AP) — Wilmer Escaray left Venezuela in 2007 and enrolled at Miami Dade College, opening his first restaurant six years later. Today he has a dozen businesses that hire Venezuelan migrants like he once was, workers who are …
Posted: Apr 09, 2025
Lawyers for State Farm General, the California Department of Insurance and Consumer Watchdog presented opening arguments in a hearing to determine the fate of State Farm’s request for an emergency homeowners rate increase yesterday. The public...
Posted: Apr 09, 2025