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December 22 Predicted as Worst Day for Holiday Travel This Year This holiday season, transportation data insight...
Posted: Dec 18, 2024
MADD and Uber Partner During Impaired Driving Prevention Month During Impaired Driving Prevention Month, bet...
Posted: Dec 18, 2024
Nadgauda will report to Bill Pappas, Executive Vice President and Head of Global Technology and Operations.
Posted: Dec 18, 2024
The addition of Coterie's solutions to Simply Business's marketplace expands Business Owner's Policy coverage options with several leading national carriers.
Posted: Dec 18, 2024
EPA Approves California Plan to Ban Gas-Only Cars Starting in 2035 The U.S. Environmental Protection Agency said on...
Posted: Dec 18, 2024
Prudential Group Insurance is expanding its beneficiary support services.
Posted: Dec 18, 2024
Federal workplace safety officials have again cited a New Jersey construction contractor for allegedly repeatedly violating safety requirements at three North Jersey worksites, exposing employees to falls from elevations. The Occupational Safety and...
Posted: Dec 18, 2024
The financial impact of natural catastrophes remains a key topic across the insurance and reinsurance sector, with the past five years exceeding the USD 100-billion mark in terms of losses, but admittedly, there is a big protection gap that the in...
Posted: Dec 18, 2024
The state of U.S. insurance regulation is almost certainly not a topic for most families this holiday season. Yet there is much to be thankful for as well as areas where we can do better. First, let’s be thankful for …
Posted: Dec 18, 2024
The International Group of P&I Clubs (IG) has finalised its 2025/26 Group Excess of Loss Reinsurance contract (GXL) structure, demonstrating continued support from key reinsurance partners despite a challenging year marked by increased pool cl...
Posted: Dec 18, 2024
The US government has launched a national-security investigation into TP-Link, the China-founded router maker whose equipment now dominates the American market and has been targeted in repeated Chinese cyber attacks, people familiar with the matter s...
Posted: Dec 18, 2024
The Trump transition team wants the incoming administration to drop a car-crash reporting requirement opposed by Elon Musk’s Tesla, according to a document seen by Reuters, a move that could cripple the government’s ability to investigate...
Posted: Dec 18, 2024
Global reinsurance and insurance firm Everest has appointed Craig Hanrahan to head its North American insurance field operations. In this role, Hanrahan will oversee the company’s four US retail regions: Northeast, South, Central, and West. Hanrah...
Posted: Dec 18, 2024
Judge Rules UPS Driver Who Crashed While Drinking Beer Not Entitled to Workers Comp A UPS driver who...
Posted: Dec 18, 2024
Posted: Dec 18, 2024
Millions of U.S. homes are underinsured, not because of any added value in the homes, but because additional structures on the homeowner’s property have gone unreported and are without protection. Using artificial intelligence and aerial imager...
Posted: Dec 18, 2024
Global insurance brokerage WTW has announced the appointment of Tony Simm as Head of Facultative for Great Britain, a London-based role. Prior to his promotion, Simm was Head of London Market Retro at WTW, a role he held since 2022 when he joined...
Posted: Dec 18, 2024
A U.S. House of Representatives task force on artificial intelligence on Tuesday released a report of more than 250 pages outlining the potential benefits and harms of the technology. The 24 members of the bipartisan House Task Force on Artificial &#...
Posted: Dec 18, 2024
CHL, the parent company of Conduit Re, a multi-line Bermuda-domiciled reinsurer, has confirmed that AM Best has affirmed Conduit Re’s Financial Strength Rating of “A-” (Excellent) and Long-Term Issuer Credit Rating of “a-&#...
Posted: Dec 18, 2024
CHL, the parent company of Conduit Re, a multi-line Bermuda-domiciled reinsurer, has confirmed that AM Best has affirmed Conduit Re’s Financial Strength Rating of “A-” (Excellent) and Long-Term Issuer Credit Rating of “a-&#...
Posted: Dec 18, 2024
Courts are reminding us that deadlines are deadlines [A] court found that the policy’s prejudice provision was superseded by the policy’s “hard cutoff” for submitting claims—90 days after the expiration date … . By Joseph S. Harrington, CPCU If you...
Posted: Dec 18, 2024
McGill and Partners, an independent global specialty insurance and reinsurance broker, has announced the appointment of Andre du Preez as Head of Emerging Technology. du Preez’s new position will focus on advancing the company’s digital-firs...
Posted: Dec 18, 2024
The Tampa Bay Rays secured their future in west-central Florida as county officials approved a crucial bond sale for the team’s proposed new stadium. The Pinellas County Board of Commissioners voted Tuesday to green light more than $300 million...
Posted: Dec 18, 2024
Property underwriting is becoming more stable and full of opportunity, with Richard Wood, Head of Property at Westfield Specialty, highlighting a disciplined approach to pricing and increased confidence in risk-taking heading into 2025. Wood belie...
Posted: Dec 18, 2024
NC Supreme Court Bucks Trend, Finds COVID Caused Physical Loss to Restaurants Courts a...
Posted: Dec 18, 2024
The program offers specialty general liability and workers' compensation coverage, tailored to both unarmed and armed security firms.
Posted: Dec 18, 2024
One area you might not look at during your evaluation phase is customer success.
Posted: Dec 18, 2024
King Risk Partners, one of the largest U.S. insurance brokers, has acquired Talbert Insurance Services in Duluth, Georgia, expanding King’s presence in the Southeast. Talbert, in business in north Georgia since 1982, offers personal and commerc...
Posted: Dec 18, 2024
The Lloyd’s Market Association (LMA) has appointed Joe Brace as Operations Director, where he will report to Sheila Cameron, Chief Executive Officer of the LMA. According to the announcement, Brace’s appointment is effective Spring 2025. He...
Posted: Dec 18, 2024
Employee benefits specialists Drewberry has been acquired by Brown & Brown (Europe) Ltd. The terms of the deal are undisclosed. Founded in 2009 by Andrew Jenkinson and Tom Conner, Brighton and London-based Drewberry offers employee benefits solut...
Posted: Dec 18, 2024
Swiss Re AG, Tokio Marine Holdings Inc., AXIS Capital Holdings Ltd. and AXA SA are among providers of $3 billion in credit-risk insurance for the private-sector arm of the World Bank Group, as it seeks to expand its lending in …
Posted: Dec 18, 2024
KBW predicts a mixed outlook for the Property & Casualty (P&C) insurance sector in 2025. While pricing growth is expected to slow overall, with declines in commercial property and reinsurance rates, commercial casualty lines should see mod...
Posted: Dec 18, 2024
The Financial Stability Board (FSB) on Wednesday pitched recommendations for governments to reduce risks around hedge funds, insurers and other non-bank financial intermediaries, which now account for almost half of global financial assets. The secto...
Posted: Dec 18, 2024
AM Best, the global credit ratings agency, has confirmed that it is maintaining its negative outlook for the German non-life insurance segment, citing moderate growth on an inflation-adjusted basis, as well as a persistent claims inflation and com...
Posted: Dec 18, 2024
Applied Underwriters has announced the fully operational opening of American Atlantic Assurance Company’s underwriting facilities. Headquartered and domiciled in Malta, the new enterprise is to start underwriting on January 1, 2025. The ‘A-&...
Posted: Dec 18, 2024
The UK announced fresh sanctions targeting alleged “lynchpins” that enable the trade of Russian oil, along with 20 “shadow fleet” vessels. The financial curbs on oil trading firms, 2Rivers DMCC and 2Rivers Pte Ltd. will clamp...
Posted: Dec 18, 2024
Independent insurance broker Lockton has appointed Aon’s Luke Speight as UK Head of Fintech and Digital Assets. In his new role, Speight is expected to spearhead a team of industry experts providing tailored risk and insurance solutions to...
Posted: Dec 18, 2024