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Newline Group, a specialty insurance provider, has appointed Malcolm Newman as a new Non-Executive Director. Newman is a re/insurance industry veteran with over four decades of experience, most recently serving as the Chairman of Tindall Riley ...
Posted: Jan 06, 2025
The US Treasury Department sanctioned Chinese cybersecurity firm Integrity Technology Group for its alleged role in a state-sponsored botnet attack known as Flax Typhoon. Integrity Technology, which is traded on the Shanghai Stock Exchange, was invol...
Posted: Jan 06, 2025
The U.S. Justice Department and Boeing told a court on Friday they have not reached agreement on a revised plea deal after a U.S. judge in December rejected the deal, faulting a diversity and inclusion provision. Boeing and the government …
Posted: Jan 06, 2025
Strate Insurance Group, a personal lines agency with offices in five Tennessee cities, is merging with Main Street Insurance Group, a 127-year-old agency with locales in North Carolina. Strate officers said in a news release that the merged firm will...
Posted: Jan 06, 2025
Strate Insurance Group is merging with Main Street Insurance Group, a 127-year-old agency with locales in North Carolina. Strate officers said in a news release that the merged firm will operate as Strate Insurance Group, a Main Street Insurance Grou...
Posted: Jan 06, 2025
Australian private equity firm Pemba Capital Partners has agreed to acquire Allianz Australia Limited’s wholly owned subsidiary, Hunter Premium Funding. Hunter allows businesses to pay their insurance premiums in regular instalments rather than as...
Posted: Jan 06, 2025
AI in Insurance: 2025 Predictions AI & Machine Learning ClareCarroll1
Posted: Jan 05, 2025
3 Reasons to Unify Financial Operations Operational Efficiency ClareCarroll1
Posted: Jan 05, 2025
Volatility is making it harder for agents to find coverage for their customers, whose demand has increased as awareness of large jury verdicts grows.
Posted: Jan 05, 2025
The new company, Old Republic Cyber, Inc., will focus on providing specialized Cyber- and Technology-related coverage.
Posted: Jan 05, 2025
The Managing General Agents Association is a prominent association representing over 400 MGAs across the U.K. and the Republic of Ireland.
Posted: Jan 05, 2025
Overestimating the impact of changes in the short term, while underestimating them over the long haul could be a fateful mistake for IT leaders and the companies they support now.
Posted: Jan 05, 2025
An insurer failed to properly cancel a workers’ compensation policy because its multiple notices and other conduct were not “definite, certain, and unambiguous” as to the status of the coverage. As a result, Ace America Insurance Co...
Posted: Jan 04, 2025
Posted: Jan 03, 2025
Understanding what high-performance medical case management can accomplish provides a clearer, more effective path to lowering claim costs & optimizing service delivery to payers and injured workers. The post
Posted: Jan 03, 2025
As workers' compensation leaders prepare for the coming year, key trends in managed care programs are rapidly emerging. By proactively identifying and responding to these developments, leaders can significantly enhance long-term claims outcomes.
Posted: Jan 03, 2025
Colorado Gov. Jared Polis wants to spin off the state’s stake in Pinnacol Assurance, privatizing the workers’ compensation carrier of last resort to help it make more money and plug government budget holes. The big idea is that pulling up...
Posted: Jan 03, 2025
The Excess and Surplus (E&S) insurance market has experienced significant growth, achieving a 21% compound annual growth rate over the past five years, surpassing $104 billion in premiums in 2023, and is expected to continue its upward traject...
Posted: Jan 03, 2025
Insurance Business Magazine - US
Posted: Jan 03, 2025
Insurance Business Magazine - US
Posted: Jan 03, 2025
Governor Mike Parson announced that Mick Campbell will take over as the Acting Director of the Department of Commerce and Insurance (DCI) effective January 1, 2025. Campbell currently serves as the Commissioner of Finance for DCI. “We have anno...
Posted: Jan 03, 2025
The Minnesota Department of Labor and Industry (DLI) announced it has entered into a consent order with medical clinic Sanford to require that it comply with Minnesota laws that provide pregnant employees with reasonable workplace accommodations and...
Posted: Jan 03, 2025
Emergency crews arrived to a chaotic and gruesome scene in a Honolulu neighborhood after a large New Year’s firework tipped over after being lit and ignited a fiery, shrapnel-studded blast that killed three people and injured more than 20 other...
Posted: Jan 03, 2025
From record solar installations to rising electric vehicle sales, the world is in many ways ramping up the fight against global warming. Yet there are coal-black swans waiting to disrupt the green transition this year. From the US to Japan, …
Posted: Jan 03, 2025
Law firms Troutman Pepper and Locke Lord have announced their merger to form Troutman Pepper Locke LLP, a firm with over 1,600 attorneys and 33 offices across the US and Europe. Tom Cole, Chair of Troutman Pepper Locke, said, “This merger is...
Posted: Jan 03, 2025
AM Specialty Insurance Company has announced that AM Best has reaffirmed its Financial Strength Rating (FSR) of A- (Excellent) with a stable outlook. This recognition highlights ASIC’s focus on underwriting quality, disciplined risk manageme...
Posted: Jan 03, 2025
This edition of International People Moves details at Fairfax Insurance Group and Acrisure’s Volante. A summary of these new hires follows here. Fairfax Insurance Group Names Young as President, Barnard as Chair Fairfax Financial Holdings Ltd....
Posted: Jan 03, 2025
The latest people news in the industry today. The post Craig Hanrahan Appointed to Lead North America Insurance Fie...
Posted: Jan 03, 2025
A Florida man may have been an occasional driver for Uber, the ride-hailing company, but he was not working at the time that he struck and killed his former girlfriend, and Uber is not liable for the wrongful death, a …
Posted: Jan 03, 2025
According to reinsurance broker Gallagher Re, Central and Eastern Europe (CEE) catastrophe loss-free property reinsurance treaties were renewed -2.5% to up 5%, while catastrophe loss-hit reinsurance rates increased 10% to 20% at the January 1, 202...
Posted: Jan 03, 2025
The latest people news in the industry today. The post Nicole Arangio Appointed as EVP and Chief Compliance Of...
Posted: Jan 03, 2025
The latest people news in the industry today. The post Sandy Bigglestone to Assume Role as...
Posted: Jan 03, 2025
Northern Europe is facing freezing temperatures and snow, boosting heating demand and putting more pressure on the region’s depleting gas inventories. There are yellow weather alerts over Scotland on Friday, with the risk of blizzard conditions...
Posted: Jan 03, 2025
The latest people news in the industry today. The post Kristen Peed Appointed as President of RIMS for 2025 Term appeared first on
Posted: Jan 03, 2025
Labuan Reinsurance (L) Ltd (Labuan Re) has appointed Encik Zaid Aziz Ibrahim as its Officer in Charge, following the recent departure of Puan Johana Era Zainuddin on December 31, 2024. Encik Zaid currently serves as the firm’s Chief Underwri...
Posted: Jan 03, 2025
U-Haul, one of the best-known providers of trucks, vans and moving supplies, also tracks where that equipment is being used. And in 2024, Southeastern states led the nation, with South Carolina ranking as the state with largest number of customers. &...
Posted: Jan 03, 2025
Jim Lake, a devout Christian in Washington state, said his religious beliefs have always made him opposed to practices such as abortion, transgender transitions or embryonic stem cell research. But until this past year, it didn’t cross the reti...
Posted: Jan 03, 2025
Specialty property insurer Palomar Holdings has completed its acquisition of First Indemnity of America Insurance Company (FIA). Founded in 1979, FIA is an independent surety company specialising in providing bonding solutions for contractors, bus...
Posted: Jan 03, 2025