All Posts
Hybrid insurer Hadron has announced the appointment of Colin Johnson as Chief Executive Officer of the company’s International operations. In his new role, Johnson will oversee Hadron UK Insurance Company (HUKIC) and related companies, pending reg...
Posted: Nov 26, 2024
Service workers at Charlotte Douglas International Airport, one of the nation’s busiest, went on strike this week just as the heaviest travel period of the year kicks off. News outlets reported that employees with ABM and Prospect Airport Servi...
Posted: Nov 26, 2024
Just like with hurricanes or tornadoes, even if your business isn't directly affected, you want to be prepared. The post Five Questi...
Posted: Nov 26, 2024
Contentious COP29 Deal Shows Climate Cooperation Fraying at Edges...
Posted: Nov 26, 2024
AM Best Improves Outlook on U.S. Personal Auto Segment to ‘Stable’ Insurance rating agency AM Best said it...
Posted: Nov 26, 2024
China’s personal insurance sector is predicted to grow in the range of 5% to 10% by 2035, a potential expansion primarily driven by the relatively untapped market for pension and health insurance in the country, according to a recent report...
Posted: Nov 26, 2024
McGill and Partners, the London-based global specialty insurance and reinsurance broker, has launched a new trade disruption insurance facility in collaboration with Tokio Marine Kiln (TMK) and Convex, offering limits of $95 million, led by TMK. This...
Posted: Nov 26, 2024
The European Union is proposing to sanction several Chinese firms that it claims helped Russian companies develop attack drones that were deployed against Ukraine. The European Commission, the EU’s executive arm, is also looking into imposing r...
Posted: Nov 26, 2024
Qatar Insurance Group (QIC) and Ooredoo Group have signed a Memorandum of Understanding (MoU) to offer integrated insurance products that deliver innovative, customer-centric insurance solutions, and revolutionise insurance and telecommunications...
Posted: Nov 26, 2024
Previsico, a provider of surface water flood forecasting, has entered into a partnership with Esri UK, a notable company across geographic information system software, location intelligence, and mapping, which will see Previsico bring its flood fo...
Posted: Nov 26, 2024
A DHL cargo plane flying from Germany to Lithuania crashed close to Vilnius Airport, killing a crew member and injuring three others, according to police. The Boeing 737-400, which took off from the eastern German city of Leipzig, went down …
Posted: Nov 26, 2024
Oak Reinsurance (OAK Re), the global reinsurance firm, has announced that its Lloyd’s Syndicate 2843 has received permission to underwrite business incepting from January 1, 2025, which follows from the approval in principle that was received in S...
Posted: Nov 26, 2024
At the Business Standard’s annual BFSI event, the Insurance Regulatory and Development Authority of India’s (IRDAI) Chairman, Debashish Panda called for 100% foreign direct investment (FDI) in the insurance sector to reach the goal of ‘insur...
Posted: Nov 26, 2024
Coalition, an active insurer focused on preventing digital risks, has announced the appointment of Rob Kanno as Senior Security Support Analyst. Based in Manchester, Kanno is joining Coalition’s UK Security Support Centre, and will be reporting to...
Posted: Nov 26, 2024
The Lloyd’s Market Association (LMA) has announced the addition of two new Board members from two of its managing agents’ members. The two new members are Vivek Syal, Chief Underwriting Officer (CUO) of Tokio Marine Kiln (TMK) who will be ta...
Posted: Nov 26, 2024
Mubbin Rabbani shares valuable perspectives on how AI can aggregate and summarize information and even structure out what should happen on a claim, all in an effort to help free the adjuster's workload. The post
Posted: Nov 26, 2024
Independent global specialty insurance and reinsurance broker McGill and Partners, has announced the launch of a new AI- powered trade disruption insurance facility in collaboration with Tokio Marine Kiln (TMK) and Convex, offering limits of $95 m...
Posted: Nov 26, 2024
Bermuda-based re/insurer Everest Group, Ltd. has announced its expansion into the Italian market, following regulatory approval to operate in the country under the name Everest Insurance (Ireland) DAC, Succursale Italiana. The launch in Italy foll...
Posted: Nov 26, 2024
Hamilton Re, the Bermuda-domiciled re/insurance underwriting platform of Hamilton Insurance Group, Ltd. has appointed Sergio Lottimore as Vice President (VP) of Credit, Bond and Political Risk Reinsurance. The new Credit, Bond and Political Risk R...
Posted: Nov 26, 2024
Analysts at Berenberg have said that in light of the strong performance of the reinsurance sector in recent years and the fact there’s no build up of excess capital, reinsurance pricing at the January 1st, 2025, renewals is expected to be st...
Posted: Nov 26, 2024
AM Best has maintained a stable outlook for South Korea’s non-life insurance sector, citing moderate industry growth driven by long-term business as insurers focus on securing stable future profits under IFRS 17 accounting standards. The glo...
Posted: Nov 26, 2024
Federato, an AI-powered underwriting platform for the insurance industry, has secured $80 million in total funding, which includes its latest Series C round. The $40 million round was spearheaded by StepStone Group (NASDAQ: STEP), a global private...
Posted: Nov 26, 2024
Want a simple, yet effective agency management tip for making your employees happy? Treat them like customers. That mindset stood out among comments from employees who nominated Morris & Garritano in Insurance Journal’s 2024 Best Agency to...
Posted: Nov 26, 2024
Meta Platforms Inc. faces an April 14 trial in the Federal Trade Commission’s long-running antitrust lawsuit to break up the company. US District Judge James Boasberg ruled Monday that the trial will take place in Washington next year. The FTC&...
Posted: Nov 26, 2024
Along with the rising cost of living in many facets of families’ daily lives, property insurance availability and affordability continue to be a challenge across the U.S. Inflation has been persistently increasing repair, labor, and medical cos...
Posted: Nov 26, 2024
It’s All in the Family at Higginbotham There’s a certain “something” about Rusty Reid that makes it clear why folks might like to work for him as chief executive and chairman of Higginbotham. He feels like a buddy, a big ̷...
Posted: Nov 26, 2024
InsureTrust, a cyber insurance and risk management broker within CRC Group and based in Norcross, Georgia, has named Brad Davis executive vice president. Davis will work in Nashville and will report to CRC/InsureTrust’s cyber practice leader Ch...
Posted: Nov 26, 2024
Finding insurance coverage for trucking firms could be considered a high-stress occupation. With the rise of nuclear lawsuit verdicts and “big-truck attorneys,” escalating premiums, and new state laws and regulations, it’s a lot to...
Posted: Nov 26, 2024
Despite four hurricanes in just over a year and significant payouts by the Florida Cat Fund, three special tax bonds have seen their ratings upgraded, the state’s insurance commissioner announced Monday. “These recent upgrades continue to...
Posted: Nov 26, 2024
Police in New Jersey’s capital have shown a pattern of misconduct, including using excessive force and making unlawful stops, the Justice Department said last Thursday, in a report documenting arrests without legal basis, officers escalating si...
Posted: Nov 26, 2024
A California infant has died and at least 10 other people have been sickened in an outbreak of listeria food poisoning tied to ready-to-eat meat and poultry products that include chicken feet, duck neck, beef shank and pork hock, federal …
Posted: Nov 26, 2024
A California infant has died and at least 10 other people have been sickened in an outbreak of listeria food poisoning tied to ready-to-eat meat and poultry products that include chicken feet, duck neck, beef shank and pork hock, federal …
Posted: Nov 26, 2024
What makes Robertson Ryan Insurance a great place to work? The freedom to do the job, do it well and still have the time and energy for the life you want to lead, according to folks who work for the …
Posted: Nov 26, 2024
Repeated disregard of safety regulations, along with ineffective federal and state enforcement and oversight, contributed to the collision between a bus and box truck in Louisville, New York in 2023, the National Transportation Safety Board said at a...
Posted: Nov 26, 2024
Howard Dean, Partner at Keoghs, has been named President of the Forum of Insurance Lawyers (FOIL), an organisation representing 8,000 lawyers and paralegals across 61 corporate firms, for 2025, succeeding Pete Allchorne, Partner at DAC Beachcroft....
Posted: Nov 26, 2024
Alex Swedlow said he plans to retire from his post as president of the Oakland-based California Workers’ Compensation Institute. He is stepping down from the helm of CWCI effective August 2025. Swedlow’s retirement caps a 37-year associat...
Posted: Nov 26, 2024
Earlier this year CoVerica Insurance rolled out an employee-owned stock program, giving the agency’s staff an opportunity to become part-owners of the organization. That decision to become an employee-owned company gave CoVerica members an oppo...
Posted: Nov 26, 2024
Mid-market insurer obtains a Guidewire 2024 Innovation Award for completing end-to-end implementation in just 12 months to improve operations and enhance data-driven decision making.
Posted: Nov 25, 2024
Gallardo will focus on optimizing client outcomes and advancing strategy execution across WTW’s Natural Resources sector within Corporate Risk and Broking, North America.
Posted: Nov 25, 2024
Insurers face mounting losses as climate risks drives unprecedented surge in secondary natural catastrophes, according to S&P. The post
Posted: Nov 25, 2024
Why UX Integration Can Make or Break an M&A Deal From Our Partners sradomski
Posted: Nov 25, 2024
2024 Atlantic Hurricane Wrap-up Ends With 18 Named Storms The forecasts of above-average activity a...
Posted: Nov 25, 2024