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Survey Finds Home Hunters Search Fueled by Climate, Crime and Safety Concerns

Carrier Management

Survey Finds Home Hunters Search Fueled by Climate, Crime and Safety Concerns House hunters ready to move r...

Posted: Nov 20, 2024

Uptick in Cargo Thefts Seen During Past Thanksgiving Holidays

Carrier Management

Uptick in Cargo Thefts Seen During Past Thanksgiving Holidays An increased ris...

Posted: Nov 20, 2024

Safety Agency Says Rising Traffic Deaths a Growing Crisis in U.S.

Carrier Management

Safety Agency Says Rising Traffic Deaths a Growing Crisis in U.S. The United States must address a growin...

Posted: Nov 20, 2024

AT&T Stadium Roof Debris Falls to Field Before Dallas Cowboys Game

Insurance Journal

ARLINGTON, Texas (AP) — A piece of the roof at the home of the Dallas Cowboys fell to the field while the retractable portion of it was being opened at least three hours before a 34-10 loss to Houston on …

Posted: Nov 20, 2024

Judge Tosses Ex-Arkansas Governor’s Suit Against Meta Over CBD Advertisement

Insurance Journal

A federal judge in Delaware on Monday dismissed a lawsuit filed by former Arkansas Gov. Mike Huckabee against social media giant Meta over advertisements using his name and image to sell CBD products. Huckabee, a Baptist minister and President-elect...

Posted: Nov 20, 2024

A-G Specialty Acquires Michigan’s First Agency TPA

Insurance Journal

A-G Specialty announced the acquisition of First Agency TPA, A Gallagher Company. First Agency TPA specializes in student and athletic accident coverage at both the interscholastic and intercollegiate levels, as well as special – risk programs...

Posted: Nov 20, 2024

Verisk launches program to enhance fire protection capabilities

Reinsurance News

Global data analytics and technology provider, Verisk has introduced LOCATION® Property Protection Score™ (PPS), which provides insurers with a score that reflects the fire protection capabilities at a specific address level. This score helps insu...

Posted: Nov 20, 2024

People Moves: Columbia Insurance Group Names Rieth VP of E&S

Insurance Journal

Columbia Insurance Group (CIG), headquartered in Columbia, Missouri, hired Aaron Rieth as vice president of excess and surplus (E&S). In this newly created position, Rieth leads the development of CIG’s direct-to-agent E&S solution. Rie...

Posted: Nov 20, 2024

Delphi hires Jeffrey Lebovitz as Executive VP and CFO

Reinsurance News

Insurance holding company Delphi has announced the appointment of Jeffrey Lebovitz as Executive Vice President and Chief Financial Officer. In his new role, Lebovits will leverage his over 20 years of experience with major investment firms and glo...

Posted: Nov 20, 2024

New Florida Legislative Leaders Talk Tough on Property Insurance, But No Specific Plans

Insurance Journal

Florida’s newest legislative leaders on Tuesday rattled some sabers about property insurance rates and claims but offered no agenda for the upcoming session that begins in March, according to state news reports. Incoming Senate President Ben Al...

Posted: Nov 20, 2024

Embroker report reveals 93% of startups now use cyber insurance

Reinsurance News

Embroker, a digital insurance platform simplifying the insurance process for businesses, has released its “2024 Cyber Risk Index: Startup Edition,” revealing a steady rise in cyber insurance adoption with a focus on simplicity, resilie...

Posted: Nov 20, 2024

Mitchell partners with Protech

coverager

Collaboration focused on helping repairers easily identify OEM-recommended calibrations for collision-damaged vehicles equipped with Advanced Driver-Assistance Systems (ADAS)

Posted: Nov 20, 2024

Alpine Intel acquires TechLoss Consulting & Restoration

coverager

The acquisition expands Alpine’s offerings to include expertise in complex losses involving electrical equipment and business-critical assets.

Posted: Nov 20, 2024

Ensuring Quality and Compliance with AI in Claims Processing

coverager

Agentech takes AI’s potential a step further by offering a hybrid model: 80% out-of-the-box functionality combined with a 20% custom large language model (LLM) tailored to each carrier’s specific guidelines and nuances.

Posted: Nov 20, 2024

Cybersecurity in Insurance: Why Your Data and Compliance Can’t Afford to Slip

coverager

Cyber attacks are on the rise in the insurance sector. Here's what industry players should look out for and tips for avoiding a data slip.

Posted: Nov 20, 2024

IMA Financial expands Southeast operations with new P&C division in Atlanta

coverager

This expansion complements IMA’s established Employee Benefits and Retirement divisions in the Southeast.

Posted: Nov 20, 2024

Hurricane Wind Speeds Increased by 18MPH Over Past Five Years: Study

Carrier Management

Hurricane Wind Speeds Increased by 18MPH Over Past Five Years: Study A new study shows...

Posted: Nov 20, 2024

Famous Gulf Coast Restaurant and Owner Fined $1.5M for Mislabeling Seafood

Insurance Journal

GULFPORT, Miss. (AP) — A Mississippi Gulf Coast restaurant and its co-owner it were sentenced Monday on federal charges of mislabeling inexpensive imported seafood as local premium fish. Mary Mahoney’s Old French House, founded in Biloxi in 196...

Posted: Nov 20, 2024

Library of Congress Says an Adversary Hacked Some Emails

Insurance Journal

The Library of Congress has notified lawmakers of a “cyber breach” of its IT system by an adversary, a hack of emails between some congressional offices and library staff, according to an email obtained by The Associated Press. The librar...

Posted: Nov 20, 2024

Aon’s NFP acquires certain assets of AnchorGroup

Reinsurance News

NFP, a subsidiary of Aon and a global insurance brokerage and consultancy, has announced the acquisition of certain assets of EBA Services LLC dba AnchorGroup. Kiehl Hutchings from AnchorGroup will join NFP as Vice President of Benefits and will r...

Posted: Nov 20, 2024

Hurricane Helene Isn’t the Only Big Storm North Carolina Is Recovering From

Insurance Journal

RALEIGH, N.C. (AP) — Almost two months after Hurricane Helene wreaked havoc on western North Carolina, Republican lawmakers grilled officials Monday over how they handled two other hurricanes that hit the state several years ago. As part of a massive...

Posted: Nov 20, 2024

How to Tackle Key Insurance Claims Challenges

Insurance Thought Leadership

How to Tackle Key Insurance Claims Challenges Claims

Posted: Nov 20, 2024

T-Mobile Caught Hackers Early, Averting Data Leak

Insurance Journal

T-Mobile US Inc. was able to contain a recent network breach before it reached customers’ phones, according to people familiar with the matter. Hackers accessed edge-routing infrastructure and gained unauthorized access to a limited number of d...

Posted: Nov 20, 2024

3 Key Workplace Challenges Reshaping Business

Insurance Thought Leadership

3 Key Workplace Challenges Reshaping Business Talent Gap

Posted: Nov 20, 2024

Technosylva acquires global cat modelling software firm KatRisk

Reinsurance News

Technosylva, a provider of wildfire simulation modeller, risk analysis, and operational response software solutions, has acquired global catastrophe modelling software company, KatRisk. The pair will now offer an integrated approach for risk asses...

Posted: Nov 20, 2024

$1M Settlement for Woman After Police Dog in California Bit into Her Scalp

Insurance Journal

A Northern California city has agreed to pay nearly $1 million to settle a lawsuit alleging police used excessive force after a K-9 dog bit into a woman’s scalp during her arrest, requiring her to get more than 200 stitches …

Posted: Nov 20, 2024

Geospatial Technology Helps Combat Wildfire Threat

Insurance Thought Leadership

Geospatial Technology Helps Combat Wildfire Threat Resilience & Sustainability

Posted: Nov 20, 2024

WTW, Kayna, and Vibrant partner for vendor cybersecurity insurance

Reinsurance News

Global broker WTW has announced a partnership with Kayna, an embedded insurance infrastructure platform, and Vibrant to support third-party vendor cybersecurity insurance compliance. US-based vertical SaaS platform Vibrant manages third-party vend...

Posted: Nov 20, 2024

New York Insurance Broker Caught in $38 Million Nursing Home Tax Fraud Scheme

Insurance Journal

Prosecutors report that a New York insurance broker has admitted his role in a $38 million employment tax fraud scheme involving nursing homes he owned across the country, U.S. Attorney Philip R. Sellinger announced that Joseph Schwartz, of Suffern,...

Posted: Nov 20, 2024

Parametric Insurance Can Protect Coral Reefs

Insurance Thought Leadership

Parametric Insurance Can Protect Coral Reefs Resilience & Sustainability

Posted: Nov 20, 2024

MS Transverse appoints Tanya Korobeinikova as SVP Ceded Reinsurance

Reinsurance News

Specialty insurer MS Transverse Insurance Group has announced the appointment of Tanya Korobeinikova as Senior Vice President (SVP), Ceded Reinsurance. Korobeinikova brings more than 20 years of industry experience, specialising in underwriting, p...

Posted: Nov 20, 2024

AI Weather Models Have Shown Promise This Hurricane Season

Carrier Management

AI Weather Models Have Shown Promise This Hurricane Season When Hurricane Beryl was rushing acro...

Posted: Nov 20, 2024

Allstate Thinks Outside the Cubicle With Flexible Workspaces

Carrier Management

Allstate Thinks Outside the Cubicle With Flexible Workspaces After ditching two-th...

Posted: Nov 20, 2024

Struggling Businesses at Corner Where George Floyd Was Murdered Sue Minneapolis

Carrier Management

Struggling Businesses at Corner Where George Floyd Was Murdered Sue Minneapolis Several...

Posted: Nov 20, 2024

How Will the Antitrust Showdown Launched Under Biden Change Under Trump?

Insurance Journal

The U.S. antitrust watchdogs that pounced on Big Tech and deterred corporate deal making throughout President Joe Biden’s administration may be kept on a shorter leash by Donald Trump after he returns to the White House next year. Although regu...

Posted: Nov 20, 2024

Markets/Coverages: Rokstone Launches Global Parametric Product

Insurance Journal

Rokstone, the London-based speciality re/insurance MGA that is part of the Aventum Group, has launched Rokstone Parametric in partnership with NormanMax Lloyd’s Syndicate 3939. With an initial US$10 million worldwide facility, the product cover...

Posted: Nov 20, 2024

DWF to recruit Hall & Wilcox’s London market team

Reinsurance News

DWF, a provider of combined legal and business services, has announced an agreement to recruit the London market team from Australian law firm Hall & Wilcox, with the move set to take effect by May 2025 at the latest. The team, led by Matt Cur...

Posted: Nov 20, 2024

P&C Insurers Turn to Advanced Technology to Mitigate Emerging Risks

Risk & Insurance

As insurers grapple with severe weather and emerging risks, advanced location intelligence offers solutions for the P&C industry, according to Nearmap. The post

Posted: Nov 20, 2024

Slot Machine Operator International Game Reports Hacker Incident

Insurance Journal

International Game Technology Plc, operator of popular slot machines in casinos, said an unauthorized third party gained access to certain of its systems. The company has experienced disruptions in portions of its internal information technology syst...

Posted: Nov 20, 2024

UIB Group expands presence in Asia with new office in Nepal

Reinsurance News

United Insurance Brokers (UIB) Group has announced the official opening of a new representative office in Kathmandu, Nepal, as part of its ongoing expansion in Asia. With regulatory approvals from the Monetary Authority of Singapore and the Nepal...

Posted: Nov 20, 2024

Judge Weighs ‘Real Housewives of New York’ Cast Member’s Abuse Allegations

Insurance Journal

The lawyer for a former cast member of the “Real Housewives of New York” told a federal judge Thursday that the First Amendment cannot shield the show’s creators from a lawsuit alleging that the show’s participants were subjec...

Posted: Nov 20, 2024