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Four hacked companies will pay a total of almost $7 million to settle US Securities and Exchange Commission allegations that they downplayed the significance of the cyberattacks, the latest fallout from the massive SolarWinds Corp. breach. Unisys Cor...
Posted: Oct 23, 2024
Risk Strategies appointed Jeff Clinkscales as senior vice president, private client services leader for the west region. He oversees the region’s sales and service teams, manages relationships with carrier partners and other third parties and w...
Posted: Oct 23, 2024
This post is part of a series sponsored by Selectsys. Managing multi-carrier processes presents significant challenges for Managing General Agents (MGAs). With increasing complexity in the insurance landscape, MGAs must juggle multiple systems, stay...
Posted: Oct 22, 2024
Don't miss this opportunity to stay ahead of the curve and drive your organization's digital transformation! The post
Posted: Oct 22, 2024
Beazley Security handles thousands of client security incidents per year.
Posted: Oct 22, 2024
Insurance Information Institute
For immediate release Florida Press Office: Mark Friedlander, 904-806-7813, [email protected] ATLANTA, Oct. 23, 2024 – To raise awareness of the impacts of legal system abuse on Georgia consumers, businesses and insurers, the Insurance Information Ins...
Posted: Oct 22, 2024
Tim succeeds Laura Vest, who is retiring from the company after 20 years.
Posted: Oct 22, 2024
Organized Crime Blamed for Increase in Cargo Theft Seen in Q3 Stats N...
Posted: Oct 22, 2024
Mubadala has backed several insurance startups including Wefox and Gabi.
Posted: Oct 22, 2024
Expanding beyond Europe, the 2024 Global Risk Manager Survey from FERMA reveals key risks, challenges, and demographic shifts in risk management. The post
Posted: Oct 22, 2024
Insurance Business Magazine - US
Posted: Oct 22, 2024
Insurance Business Magazine - US
Posted: Oct 22, 2024
Expected La Nina’s Impact on Winter Weather The National Oceanic and Atmospheric Administration's Clima...
Posted: Oct 22, 2024
Consumer Confidence in AVs Grows Slightly After Two Year Decline Consume...
Posted: Oct 22, 2024
Unison Risk Advisors (URA) reports that Avondale Insurance Associates has joined the firm and is the first company to join URA’s non-retail division. Established in 2006, Avondale Insurance Associates is an excess and surplus lines underwriting...
Posted: Oct 22, 2024
Unison Risk Advisors (URA) reports that Avondale Insurance Associates has joined the firm and is the first company to join URA’s non-retail division. Established in 2006, Avondale Insurance Associates is an excess and surplus lines underwriting...
Posted: Oct 22, 2024
The Board of the Lloyd’s Market Association (LMA) has announced it is adopting a new process for the appointment of a Chair, this includes a timing and procedural change. According to the announcement, following the recommendation of the LMA...
Posted: Oct 22, 2024
HDI Global U.S. Appoints Long as US Casualty Lead HDI Global Insurance Company (HGIC), the U.S. subsidiary of inter-national corporate and specialty insurer HDI Global SE (HDI), headquartered in Chicago, appointed Thomas Long as U.S. casualty lead. W...
Posted: Oct 22, 2024
Zurich-domiciled catastrophe insurance data provider, PERILS, has released its final industry loss estimate of €639 million for the floods and storms caused by low-pressure systems Babet (Viktor) and Aline (Wolfgang) over the British Isles and nor...
Posted: Oct 22, 2024
An agreement by Vale, BHP and their joint venture Samarco to pay 170 billion reais ($29.85 billion) in compensation for a deadly dam collapse in Brazil could end more than a hundred lawsuits against the mining companies in the South …
Posted: Oct 22, 2024
Hurricane Milton caused an estimated $1.5 billion to $2.5 billion in damage to Florida’s crops and agricultural infrastructure, according to a preliminary assessment released by the state’s Department of Agriculture and Consumer Services...
Posted: Oct 22, 2024
A recent study by Gallagher Re, a global reinsurance broker, analysed Bitsight’s security performance data from 62,000 organisations across 67 countries, along with Gallagher Re’s proprietary data on cybersecurity incidents and claims....
Posted: Oct 22, 2024
Having easy access to data about product lines, appointments, individual licenses, and competitive intel can help you be more resilient to market and regulatory shifts.
Posted: Oct 22, 2024
The intent is to expand into additional key Latin American markets in the near future.
Posted: Oct 22, 2024
Mubadala has backed several insurance startups including Wefox and Gabi.
Posted: Oct 22, 2024
HDI Global Insurance Company (HGIC), the US subsidiary of HDI Global SE (HDI), has appointed 35-year industry veteran Thomas Long as US Casualty Lead. In his new role, Long will be based out of the company’s US headquarters in Chicago, IL. He will...
Posted: Oct 22, 2024
The federal Occupational Safety and Health Administration (OSHA) must do more to address ergonomic hazards at warehouses and delivery companies, where the number of injured workers in the growing sector are on the rise, a new report advises. The Gove...
Posted: Oct 22, 2024
State Farm will provide smoke alarms to more than 1,300 Texas homes during the Out to Alarm Texas 2024 campaign, the Insurance Council of Texas shared. The initiative was created in 2005 as a way mitigate the loss of life …
Posted: Oct 22, 2024
Chicago-domiciled insurer, CNA Financial Corporation expects to report pretax net catastrophe losses of $143 million for Q3 2024 in its results. Approximately 75% of the catastrophe losses are associated with four larger events, including $55 mill...
Posted: Oct 22, 2024
Louisiana nursing home owner Bob Dean Jr. and several companies he operated have agreed to an $8.2 million consent judgment to resolve allegations that they misappropriated and misused the assets and income of four nursing homes in Louisiana before a...
Posted: Oct 22, 2024
Donald Trump is facing a defamation lawsuit over comments he made during the September presidential debate about five men who were wrongly convicted in the 1989 jogger rape case and came to be known as the “Central Park Five.” The …
Posted: Oct 22, 2024
Phoenix has become a nerve-wracking bellwether for extreme heat. Arizona’s capital recently endured a three-week stretch when every day broke a heat record, with thermometers peaking at 117F (47C) on Sept. 28. Yet even below the threshold of sm...
Posted: Oct 22, 2024
U.S. Environmental Protection Agency announced a $180,000 settlement with All Point Construction LLC in Allen Park, Michigan to resolve alleged violations of the federal lead renovation, repair and painting regulations. After receiving a complaint fr...
Posted: Oct 22, 2024
Selective Insurance Group, Inc. has announced it financial result for the third quarter of 2024, reporting an improved net income of $90.0 million and $1,157.6 million net premiums written (NPW). According to the insurer, NPW increased 9% from a y...
Posted: Oct 22, 2024
Global consulting and actuarial firm Milliman has reported that the estimated retiree pension risk transfer (PRT) cost for September reached 101.7% of a plan’s accounting liabilities (accumulated benefit obligation, or ABO). In its latest Milliman...
Posted: Oct 22, 2024
Insurance Business Magazine - US
Posted: Oct 22, 2024