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Posted: Apr 08, 2025
Pool Re, a UK-based provider of terrorism reinsurance, has successfully completed the placement of its third catastrophe bond, Baltic PCC Limited (Series 2025-1), which provides the reinsurer with £100 million of collateralised retrocession protec...
Posted: Apr 08, 2025
BMS Group, an independent specialist insurance and reinsurance broker, has appointed Jean-Jacques Henchoz, who recently left his role as Chief Executive Officer (CEO) of large European reinsurer Hannover Re, as Chairman of the Board, effective May...
Posted: Apr 08, 2025
Despite major claims activity in 2024, including two US hurricanes, Lloyd’s continued to deliver highly favourable returns to investors, with profits just shy of the previous year’s record, driven by favourable trading conditions and a retur...
Posted: Apr 08, 2025
The Texas Division of Workers’ Compensation announced the recipient of the 2024 Lone Star Safety Award is Double R Brand Foods LLC for its meat processing plant located in Lufkin, Texas. The recognition highlights the company’s commitment...
Posted: Apr 08, 2025
As consumers, we all hate to wait longer than necessary for basic service. Independent agents are both consumers and service providers themselves — and they’re caught in the middle of a time trap called “MFA,” or multi-factor authen...
Posted: Apr 08, 2025
Pro Global, an advisor in the specialist insurance sector, has announced the appointments of Roman Hannig as Head of Client Engagement, Germany, and Oliver Schippa as Head of Product, Germany. These key hires reflect Pro Global’s continued commitm...
Posted: Apr 08, 2025
This post is part of a series sponsored by AgentSync. When your team has come to the conclusion that your current vendor, process, or (let’s be honest) spreadsheet isn’t working, you need to get buy-in across your larger organization. Eas...
Posted: Apr 08, 2025
Early CSU Hurricane Season Forecast Calls for ‘Above-Average’ Activity The team...
Posted: Apr 08, 2025
Total dedicated reinsurance capital increased by 5.4% during 2024 to a new high of $769 billion, driven by growth in both traditional and alternative capital, according to reinsurance broker Gallagher Re. The broker’s full-year 2024 reinsura...
Posted: Apr 08, 2025
Strategic Risk Solutions (SRS), an independent insurance company manager, has announced the appointment of Ralph Goldener as a Managing Director in its Switzerland office. “SRS Switzerland is a team of people that provide only top-tier management...
Posted: Apr 08, 2025
U.S. Health and Human Services Secretary Robert K. Kennedy Jr. visited the epicenter of Texas’ still-growing measles outbreak on Sunday, the same day a funeral was held for a second young child who was not vaccinated and died from a …
Posted: Apr 08, 2025
U.S. Health and Human Services Secretary Robert K. Kennedy Jr. visited the epicenter of Texas’ still-growing measles outbreak on Sunday, the same day a funeral was held for a second young child who was not vaccinated and died from a …
Posted: Apr 08, 2025
Unison Risk Advisors Adds Fifth Third Bank Executive and Financial Planner to Leadership Team Unison Risk Advisors (URA), headquartered in Cleveland, Ohio, hired Joe DiRocco, formerly an executive with Fifth Third Bank, as its new chief financial off...
Posted: Apr 08, 2025
Global insurance broker H.W. International B.V. (HWI BV) has undergone a management buyout (MBO), securing backing from OBL Investments BV. The deal involves the acquisition of the group’s Dutch holding company following the sale of its Nort...
Posted: Apr 08, 2025
A Texas experiment to fund new natural gas-burning power plants with $5 billion in public loans is faltering as several of the proposed facilities drop out, threatening the state’s efforts to meet growing electricity demand. Together, the proje...
Posted: Apr 08, 2025
U.S. planemaker Boeing Co reached settlements with the families of two people who died in the March 2019 crash of an Ethiopian Airlines Boeing 737 MAX on the eve of a trial, the company and lawyers for the families said …
Posted: Apr 08, 2025
Berkshire Hathaway Inc. said Friday that all reports circulating on social media sites including X, TikTok and Facebook “regarding comments allegedly made” by Warren Buffett are false. While Berkshire didn’t describe the nature of t...
Posted: Apr 08, 2025
President Donald Trump’s sweeping tariff plan has rocked global markets. But one turgid addendum issued by US Customs and Border Protection just after his April 2 tariff pronouncement provided relief for those in the collectible car business: V...
Posted: Apr 08, 2025
Apple is appealing against a British government order to create a “back door” to its encrypted cloud storage systems, the Investigatory Powers Tribunal (IPT) confirmed on Monday. The IPT said in a written ruling that it had refused the Br...
Posted: Apr 08, 2025
On March 21, authorities in Vicksburg, Mississippi, received a 911 call about a stolen vehicle. Moments later, they had another call, about a partly submerged vehicle in the Mississippi River near a landing. The submerged vehicle prompted a multi-age...
Posted: Apr 08, 2025
Florida’s insurance commissioner on Monday announced another entry into the warming waters of the Florida property-casualty market – the 12th new insurer in the last two years. Apex Star Reciprocal Exchange is part of Starlight Insurance Group,...
Posted: Apr 08, 2025
Hub International, a global insurance brokerage and financial services firm, has acquired Meyer & Rosenbaum in Meridian, Mississippi, an insurance agency that was founded in 1932. The agency offers commercial and personal lines products, and the...
Posted: Apr 08, 2025
A federal judge has dismissed a gender discrimination lawsuit filed by a professor and minister who lost her bid to become the first woman to serve as senior pastor of New York City’s prominent Abyssinian Baptist Church. The Rev. Eboni …
Posted: Apr 08, 2025
Regional insurer Salama Islamic Arab Insurance Company (Salama) has appointed Mohamed Ali Bouabane as its new Group Chief Executive Officer (CEO), effective immediately. Salama is one of the longest-established Sharia-compliant Takaful solutions p...
Posted: Apr 08, 2025
New Jersey Governor Phil Murphy has signed a bill into law setting stricter penalties for retail theft and calling for a dedicated effort to combat organized retail theft. The new law establishes and upgrades certain crimes related to retail theft, &...
Posted: Apr 08, 2025
Los Angeles County has reached a $4 billion agreement to settle nearly 7,000 claims of sexual abuse in juvenile facilities since 1959, officials said. The agreement, which still needs approval from the Los Angeles County Board of Supervisors, far sur...
Posted: Apr 08, 2025
This post is part of a series sponsored by Expert Insured. Returning from WSIA in Phoenix, one message was clear: wholesalers and MGAs are more focused than ever on delivering exceptional experiences to their broker/agents. In today’s market, b...
Posted: Apr 07, 2025
Fraud Coalition Opposes Texas Bill Mandating Auto Insurance Payout When Insured is Unresponsive New...
Posted: Apr 07, 2025
No Comment: Berkshire’s Buffett Not Opining on Tariffs, Economy Yet As the stock m...
Posted: Apr 07, 2025
The agreement aims to expand analytics and automation for Medical Professional Liability insurers.
Posted: Apr 07, 2025
The update simplifies NAIC reporting and reduces administrative workload.
Posted: Apr 07, 2025
The new feature offers up to a 50 percent reduction in water damage deductibles for Builder’s Risk policyholders.
Posted: Apr 07, 2025
As part of the agreement, Janus Henderson will manage Guardian’s $45 billion fixed income portfolio.
Posted: Apr 07, 2025
Building strong internal networks supports career growth within an organization, while external networks provide perspective, flexibility, and long-term protection.
Posted: Apr 07, 2025
A federal appeals court blocked U.S. President Donald Trump from removing Democratic members from two federal labor boards on Monday, setting aside its earlier ruling. The decision by the U.S. Court of Appeals for the District of Columbia Circuit fur...
Posted: Apr 07, 2025
How to Understand Trump's Tariffs PaulCarroll Mon, 04/07/2025 - 18:25 Pity the poor underwrite...
Posted: Apr 07, 2025
On-Demand Drivers Need Better Insurance Auto Insurance
Posted: Apr 07, 2025
Both Wassersug and Pelsinger will report to Greg Williams, Co-Founder, Chairman, and CEO of Acrisure.
Posted: Apr 07, 2025
Taylor joins Genworth most recently from Markel.
Posted: Apr 07, 2025
Posted: Apr 07, 2025