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The Hartford, headquartered in Hartford, Connecticut, has expanded Michael Garrison’s role to include the international division in addition to his current responsibilities as head of the company’s U.S. wholesale organization. Garrison jo...
Posted: Oct 29, 2024
Delta Air Lines Inc. sued cybersecurity firm CrowdStrike Holdings Inc. over the chaos caused this summer by a “catastrophic” software update that disabled millions of computers worldwide and grounded much of the airline’s passenger...
Posted: Oct 29, 2024
A new report from Gallagher Re has found that cyber insurers could reduce loss ratios up to 16% by removing most-at-risk entities. Using independent analysis of cybersecurity performance data provided by Bitsight in combination with claims data, the...
Posted: Oct 29, 2024
A new lawsuit accuses the WWE and its founders of fostering a culture of sexual abuse within the organization and looking the other way while a longtime ringside announcer preyed on young men he hired as “ring boys.” The suit …
Posted: Oct 29, 2024
A federal appeals court has affirmed that a homeowners insurance policy does not cover the theft of cryptocurrency because the loss of a digital currency does not involve a “direct physical loss” as required by the policy. The Fourth Circ...
Posted: Oct 29, 2024
Costly reinsurance, inflation, tough regulations, and increasing weather-related claims are driving up property insurance prices—and in turn, that is impacting commercial real estate returns, valuations, and transactions, a new report shows. The Urba...
Posted: Oct 29, 2024
An analysis of the claims paid out after the Gray and Oregon Road fires in Washington last year found that most of the homes destroyed were under-insured. The fires destroyed 366 homes, burning more than 20,000 acres outside of Spokane …
Posted: Oct 29, 2024
An analysis of the claims paid out after the Gray and Oregon Road fires in Washington last year found that most of the homes destroyed were underinsured. The fires destroyed 366 homes, burning more than 20,000 acres outside of Spokane …
Posted: Oct 29, 2024
An analysis of the claims paid out after the Gray and Oregon Road fires in Washington last year found that most of the homes destroyed were underinsured. The fires destroyed 366 homes, burning more than 20,000 acres outside of Spokane …
Posted: Oct 29, 2024
Burns & Wilcox named Tom Carvalho as the new managing director of the company’s San Francisco, Seattle and Portland offices. Carvalho, who is based in San Francisco, joined Burns & Wilcox in 2011 as an associate underwriter, establishin...
Posted: Oct 29, 2024
A Challenge for Embedded Insurance Auto Insurance ClareCarroll1
Posted: Oct 28, 2024
A woman died in an outdoor fire in Massachusetts at an encampment in Millbury on Saturday night and crews on Sunday were still fighting a large overnight brush fire in Salem as dry and windy conditions have raised the risk …
Posted: Oct 28, 2024
Tech Bytes: New Partnerships at Mylo, Cytora InsurTech Mylo announced its membe...
Posted: Oct 28, 2024
Hypertension and other cardiovascular diseases affect 128 million adults in the United States. The post The Heart of th...
Posted: Oct 28, 2024
INSHUR Raises More Than $19M in Latest Funding Round INSHUR, a global e...
Posted: Oct 28, 2024
Insureds are encountering more challenges when purchasing builder’s risk policies. The post How the Construction Industry Is Tackling 3 Emer...
Posted: Oct 28, 2024
Philadelphia Insurance Companies’ Trevor Salman discusses how premises pollution coverage can be a valuable addition to environmental coverage, particularly as our climate changes. The post
Posted: Oct 28, 2024
Insurance Business Magazine - US
Posted: Oct 28, 2024
October is Cybersecurity Awareness Month: Know the Various Scams October is Cybersecurity Awareness Mon...
Posted: Oct 28, 2024
Porch will be the operator managing PIRE’s operations.
Posted: Oct 28, 2024
Earlier this year, Macquarie was approved as a Lloyd’s cover holder.
Posted: Oct 28, 2024
A conversation with Vertafore’s Tim Owen, VP of Product Management
Posted: Oct 28, 2024
Global broking group Aon estimates insurance industry losses from natural catastrophe events in the first nine months of 2024 of at least $102 billion, with the impacts of hurricane Milton and additional events expected in the rest of the year poi...
Posted: Oct 28, 2024
Climate Change Has Intensified Storm Rainfalls by 20%: Study The heavy rain that hit muc...
Posted: Oct 28, 2024
M&A activity in the insurance industry stabilizes as a steady supply of sellers meets a diverse buyer landscape, according to to the latest Q3 2024 update from Optis Partners . The post
Posted: Oct 28, 2024
Porch Group, a homeowners insurance and vertical software platform, has been approved by the Texas Department of Insurance (TDI) to form and licence Porch Insurance Reciprocal Exchange (PIRE), a new homeowners insurance reciprocal exchange. PIRE&#...
Posted: Oct 28, 2024
The Texas Department of Insurance approved an application from Porch Group Inc. to form and license Porch Insurance Reciprocal Exchange, a homeowners insurance reciprocal exchange. Porch said that forming PIRE is a key step in its strategy to increas...
Posted: Oct 28, 2024
Else Group, a company specialising in insurance solutions, and ViVet, its UK-based Managing General Agent (MGA) and Lloyd’s Coverholder, are pleased to announce the appointment of Alex Dalton as Managing Director of ViVet. Through this appointment...
Posted: Oct 28, 2024
Posted: Oct 28, 2024
Posted: Oct 28, 2024
Tammy McCarty joined Alliant Insurance Services, headquartered in Irvine, California, as senior vice president within its employee benefits group. Based in Austin, Texas, McCarty has over 25 years of experience leading human resources initiatives. Sh...
Posted: Oct 28, 2024
Novatae Risk Group, headquartered in Dallas, named John Catrabone as vice president of carrier relations. Based in Ohio, Catrabone comes to Novatae with more than 30 years of experience in various insurance industry sectors. Before joining Novatae, w...
Posted: Oct 28, 2024
Liberty Mutual Insurance today said it expects up to $900 million in losses from hurricanes Helene and Milton. Parent Liberty Mutual Holding Company (LMHC) in a statement released some preliminary third quarter information “in support of a pote...
Posted: Oct 28, 2024
So far, policyholders of the National Flood Insurance Program (NFIP) have filed more than 54,000 claims following Hurricane Helene, the U.S. Federal Emergency Management Agency (FEMA) has reported. Helene was the sixth named storm of the 2024 Atla...
Posted: Oct 28, 2024
Tysers, an independent Lloyd’s broker and member of the Australian AUB Group, has announced the appointments of Babita Rai as CEO for Singapore and William Furness-Smith as Head of Marine, APAC. As CEO of Tysers Singapore, Rai will focus on expand...
Posted: Oct 28, 2024
The changes are effective Nov. 1.
Posted: Oct 28, 2024
Porch will be the operator managing PIRE’s operations.
Posted: Oct 28, 2024