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The US National Weather Service will merge two of its largest forecasting units as it prepares for the loss of as many as 1,000 staffers. Employees were encouraged to take early retirements asa handful of consolidations were announced during an ̷...
Posted: Mar 28, 2025
Learn how Coventry's Outcomes-based Network (OBN) uses data to identify top providers, reducing costs, claim durations, and improving return-to-work outcomes for workers' compensation payers. The post
Posted: Mar 28, 2025
Texas Attorney General Ken Paxton announced Thursday that he has launched an investigation into one of the state’s Medicaid insurance providers after allegations that the company illegally spied on Texans. The state is investigating Superior He...
Posted: Mar 28, 2025
Despite a large number of consumers being routinely victims of cybercrime, most of them do not have personal cyber insurance, according to a recent report by the Insurance Information Institute (Triple-I) and HSB. The Addressing the Personal Cyber...
Posted: Mar 28, 2025
Business leaders embrace AI's potential while growing increasingly cautious about implementation risks and challenges, Gallagher reports. The post
Posted: Mar 28, 2025
For companies preparing for an initial public offering (IPO) or receiving federal or state funding, establishing a defensible and modern DOA framework is a prerequisite.
Posted: Mar 28, 2025
Klenk most recently served as CFO for Life Insurance and Annuities at Penn Mutual.
Posted: Mar 28, 2025
Prudential will hold a 70% stake in the new entity.
Posted: Mar 28, 2025
The expanded coverage helps media companies mitigate financial risks such as legal defense costs and potential losses.
Posted: Mar 28, 2025
Campers booking Huttopia stays can now add a Weather Guarantee.
Posted: Mar 28, 2025
Brokers Edge is a national wholesaler focused on fixed annuities, fixed indexed annuities, and life insurance.
Posted: Mar 28, 2025
Unipass Transfer Tracking will be available as a Beta service initially and is free for advisers.
Posted: Mar 28, 2025
MSI’s investment is subject to customary regulatory approvals and is anticipated to be completed by the end of March 2026.
Posted: Mar 28, 2025
The Ting device plugs into a wall outlet and monitors electrical activity to detect hazards that could lead to fires.
Posted: Mar 28, 2025
is partnering with to bring voice analytics and generative AI into its contact center operations. The insurer will use AI to automate summaries of customer calls, improve first-call resolution, and...
Posted: Mar 28, 2025
NC, SC Wildfires Fueled by Drought, Wind and Fallen Trees From Hurricane Helene Dry conditions, wind an...
Posted: Mar 28, 2025
The U.S. Securities and Exchange Commission is beginning to onboard officials with billionaire Elon Musk’s Department of Government Efficiency, according to an email sent on Friday to department staff. SEC staff were informed that the DOGE task...
Posted: Mar 28, 2025
A Las Vegas resident appeared in U.S. District Court in Las Vegas, Nevada, to face federal charges related to an arson at a Tesla collision business. Paul Hyon Kim, 36, was charged by criminal complaint with one count of unlawful …
Posted: Mar 28, 2025
W.R. Berkely Corp. said Friday that Japanese property/casualty insurer Mitsui Sumitomo Insurance Co. will buy a 15% stake in the company through open market purchases or private transactions with third parties. W.R. Berkely said the Berkely family wi...
Posted: Mar 28, 2025
Talcott Financial Group, a life insurance provider specialising in risk solutions, has announced a reinsurance agreement between its subsidiary, Talcott Life Re, Ltd., and Japan Post Insurance Co., Ltd. As part of the transaction, Talcott Life Re...
Posted: Mar 28, 2025
Myanmar’s military leader requested international aid on Friday to help deal with the aftermath of a massive earthquake that they said has left at least 144 people dead. The quake on Friday measured 7.7 in magnitude, according to the US …
Posted: Mar 28, 2025
Broker Lockton early this week issued its outlook of the mostly buyer-friendly U.S. property/casualty market with eye on potential changes in directors and officers liability. The latest edition of the Lockton Market Update noted public and private D...
Posted: Mar 28, 2025
South Korean authorities have contained the main blazes in the country’s largest forest fire on record, a minister said on Friday, as rain and better weather allowed more helicopters to fly and dump water, dousing the flames. Spread by strong &...
Posted: Mar 28, 2025
A group of Italian fund managers said on Friday it would put forward four candidates for the new board of Generali, adding to uncertainty over the outcome of a key shareholder vote at the country’s biggest insurer. A shareholder clash …
Posted: Mar 28, 2025
Global reinsurance and insurance firm Everest has announced the promotion of Jeanmarie Giordano to the role of North America Chief Underwriting Officer. With nearly three decades of industry experience, Giordano brings extensive expertise to her n...
Posted: Mar 28, 2025
Phoenix Specialty (Phoenix), a construction-focused MGA, has strengthened its team with the addition of a new construction underwriter, reinforcing its commitment to growth following a year of significant expansion. Timothy Christmas joins Phoenix...
Posted: Mar 28, 2025
The Arctic Ocean likely had the smallest winter ice cover in 47 years of satellite records this season, with just 5.53 million square miles of sea ice covering the region at its peak on March 22. That’s 510,000 square miles …
Posted: Mar 28, 2025
The recently formed, Florida-based Mangrove Property Insurance Co. has named former Olympus Insurance COO as chief operating officer and elevated four others to management roles at the startup. Tim Cotton, who spent almost four years at Olympus as CO...
Posted: Mar 28, 2025
Italian financial group Unipol aims to generate 1 billion euros ($1.1 billion) in capital over the next three years to boost its finances and have money for investments. Unveiling its “Stronger/Faster/Better” plan for 2025-2027, ItalyR...
Posted: Mar 28, 2025
The top U.S. consumer finance agency on Wednesday asked a court to undo an enforcement case which the watchdog had already won last year, accusing prior agency officials of abusing their power as they sought to enforce diversity, equity and …
Posted: Mar 28, 2025
MS&AD Insurance Group Holdings, Inc. announced its Board of Directors has decided to move forward with specific discussions and preparations for the merger of its two core domestic non-life insurance subsidiaries, Mitsui Sumitomo Insurance Co....
Posted: Mar 28, 2025
A powerful 7.7 magnitude earthquake has struck Myanmar, causing widespread devastation, triggering tremors as far as Bangkok, Thailand, leading to building collapses, significant loss of life, and prompting Myanmar to declare a state of emergency....
Posted: Mar 28, 2025
Gallagher Re, a reinsurance brokerage and risk management services provider, has released a report on the impact of GLP-1 receptor agonists on medical trends and reinsurance. According to the report, as these therapies continue to reshape medical...
Posted: Mar 28, 2025
The National Highway Traffic Safety Administration said on Friday it was opening an engineering analysis into 2.2 million Honda vehicles over concerns related to its engine restarting. Complainants allege the engine fails to restart on its own from a...
Posted: Mar 28, 2025
It’s the economy stupid, and it seems that a lot of executives are using their brain power on their current worries rather than on the climate concerns of tomorrow—despite those concerns materializing in the here and now. Executives are focused...
Posted: Mar 28, 2025
EPIC Insurance Brokers & Consultants, a provider of insurance and risk management services, has announced the appointment of James Enelow as Executive Managing Principal, Client Engagement. In this role, Enelow will lead a coordinated approach...
Posted: Mar 28, 2025
In 2024, global insurance carriers experienced a year of improved underwriting performance and capital recovery, which contrasted with growing concerns around reserving volatility and widening loss gaps, according to a recent analysis by Howden Re...
Posted: Mar 28, 2025
Insurtech hyperexponential (hx) has launched a suite of AI-powered capabilities, hx AI, at its first AI event in London. According to the insurtech, hx AI is designed to revolutionise pricing, actuarial and underwriting productivity and decision-m...
Posted: Mar 28, 2025
Tokio Marine Kiln (TMK), a global specialty insurer, has appointed James Wilson as Head of Special Risks, starting in the autumn. In his new role, Wilson will report to Vivek Syal, Chief Underwriting Officer for TMK, and is tasked with expanding t...
Posted: Mar 28, 2025
Following strong returns in 2023 and 2024, return on equity (ROE) has improved for the European reinsurance sector, which has now exceeded cost of equity in three of the last four years, according to Goldman Sachs. Prior to 2023 and 2024, the rein...
Posted: Mar 28, 2025
Japanese property and casualty (P&C) insurer Mitsui Sumitomo Insurance Co., Ltd. (MSI) has agreed to acquire 15% of commercial lines P&C insurance holding company, W. R. Berkley Corporation’s outstanding common stock via open market...
Posted: Mar 28, 2025
Global climate risk solutions platform Arbol has expanded its leadership team with strategic hires to drive growth across artificial intelligence (AI), insurance, agriculture, and energy storage. Arnav Tripathy, who has joined Arbol as its new Hea...
Posted: Mar 28, 2025
Posted: Mar 28, 2025