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Voters will decide in November whether California should raise its hourly minimum wage to $18 by 2026 and pay workers what would be the highest statewide minimum wage in the country. That would be on par with Hawaii, where workers …
Posted: Oct 15, 2024
A New Jersey Transit light-rail train operator died and 23 passengers were hurt early Monday after the lead car hit a tree which fell onto the tracks. The incident occurred around 6 a.m. ET when the southbound train from Trenton …
Posted: Oct 15, 2024
Specialist private equity investor B.P. Marsh & Partners Plc has subscribed for a 25.5% cumulative preferred ordinary shareholding in Volt, a London-domiciled start-up managing general agency (MGA). As part of the investment, B.P. Marsh has pr...
Posted: Oct 15, 2024
Specialist private equity investor B.P. Marsh & Partners Plc has subscribed for a 25.5% cumulative preferred ordinary shareholding in Volt, a London-domiciled start-up managing general agency (MGA). As part of the investment, B.P. Marsh has pr...
Posted: Oct 15, 2024
A fire that killed two first responders and engulfed multiple rowhouses in northwest Baltimore last year has been ruled accidental, according to an investigation released Friday by the Baltimore City Fire Department. The cause of the Oct. 19, 2023, f...
Posted: Oct 15, 2024
Galla Joins Alliant Insurance Services as Executive Vice President, Alliant M&A Pete Galla joined Alliant Insurance Services as executive vice president and senior director, Alliant Specialty, within the company’s mergers and acquisitions v...
Posted: Oct 15, 2024
Delaware Insurance Commissioner Trinidad Navarro announced that workers’ compensation insurance rates will decrease for the eighth year in a row, effective December 1. The voluntary market is expected to decrease average loss costs by 8.4%, and...
Posted: Oct 15, 2024
In one of the most pro-subrogation decisions in a generation, the Nevada Supreme Court has overnight turned Nevada into one of the most favorable states for workers’ compensation subrogation. With the stroke of a pen, the court in its Sept. ...
Posted: Oct 15, 2024
This post is part of a series sponsored by Selectsys. In the complex world of Workers’ Compensation and General Liability (GL) insurance, underwriters face the challenge of managing diverse carrier systems while ensuring compliance and maintain...
Posted: Oct 14, 2024
Moody’s RMS said private insurers can expect to dole out between $35 billion and $55 billion for hurricanes Milton andHelene. A final industry-loss estimate for Hurricane Milton, a Category 3 that struck Siesta Key, Florida on October 9, will b...
Posted: Oct 14, 2024
Austin, TX., October 15, 2024 – The Risk & Insurance Education Alliance, in collaboration with BrokerTech Ventures (BTV), is proud to introduce its latest educational initiative, the Introduction to Insurance for Insurtech Professionals module. F...
Posted: Oct 14, 2024
What to Expect in Commercial Lines: Stability+ ‘Micro-A...
Posted: Oct 14, 2024
The company has launched new products in three sectors—mobility, home-sharing, and transportation & logistics—and has made key hires.
Posted: Oct 14, 2024
Vikas Sharma and Achuth Rao have joined the company’s Artificial Intelligence & Data team as chief data officer and head of AI&D product management, respectively.
Posted: Oct 14, 2024
V4.0 modernizes the core platform by removing the operational data store (ODS) creating a data warehouse that makes it easier and faster for carriers to upload and store policy, claims, and legacy raw data.
Posted: Oct 14, 2024
The funding aims at accelerating Zinnia’s mission to power industry growth by modernizing the life and annuity experience.
Posted: Oct 14, 2024
Mood...
Posted: Oct 14, 2024
Grandisson Retires; Papadopoulo Is Now Arch Capital CEO Nicolas Papadopoulo has been named chief executiv...
Posted: Oct 14, 2024
Insurance Business Magazine - US
Posted: Oct 14, 2024
Insurance Business Magazine - US
Posted: Oct 14, 2024
Insurance Business Magazine - US
Posted: Oct 14, 2024
Insurance Business Magazine - US
Posted: Oct 14, 2024
Insurance Business Magazine - US
Posted: Oct 14, 2024
Hinton will oversee the growth of Markel’s international Jewellers Block portfolio.
Posted: Oct 14, 2024
Roche’s navify® digital solutions are designed to turn lab and clinical data into actionable insights.
Posted: Oct 14, 2024
Michigan Planners is using Gradient AI’s SAIL underwriting solution to gain deeper insights into risk.
Posted: Oct 14, 2024
Technology, media and telecom executives identify emerging risks and opportunities: WTW survey. The post Technology, Media...
Posted: Oct 14, 2024
European insurance companies posted strong results in 1H24, driven by favourable interest rates and pricing cycles, despite varied national trends, according to Fitch Ratings. Most insurers are on track for a solid full-year performance, with inte...
Posted: Oct 14, 2024
Global insurance and reinsurance broking group Aon has announced that Stephen Hofmann will become U.S. CEO of Reinsurance Solutions for Aon, and Kevin Traetow will serve as U.S. vice chairman of Reinsurance Solutions. In their new respective roles...
Posted: Oct 14, 2024
Quotech, a developer of integrated technology solutions for underwriting and broking teams, has supplied systems to Volt Underwriting, a new energy-focussed managing general agent (MGA) launched earlier today. From what Reinsurance News understand...
Posted: Oct 14, 2024
Insurance Business Magazine - US
Posted: Oct 14, 2024
In July, Allianz announced a pre-conditional voluntary cash general offer to acquire at least 51% of Income.
Posted: Oct 14, 2024
Insurance Business Magazine - US
Posted: Oct 14, 2024
Kingfisher is a Singaporean company operating in Europe, North America, and Asia Pacific.
Posted: Oct 14, 2024
Insurance Business Magazine - US
Posted: Oct 14, 2024
Marc Grandisson has decided to retire from the company.
Posted: Oct 14, 2024
The solution enables carriers to simplify data acquisition, solve workflow inefficiencies and combat application errors, omissions, misrepresentation and fraud
Posted: Oct 14, 2024
Financial services company Group 1001 appointed Dan Healy as Chief Risk Officer, and Mark McCallister as Chief Internal Auditor.
Posted: Oct 14, 2024
Catastrophe risk modeller Moody’s RMS Event Response expects private market insurance industry losses in the US from hurricanes Helene and Milton to fall between $35 billion and $55 billion, although warns of complexities and uncertainties surroun...
Posted: Oct 14, 2024
Nearmap, a location intelligence and aerial imagery solutions provider, has completed an asset purchase agreement with Tensorflight. Tensorflight is the first property-inspection platform based on convolutional neural networks, offering underwrite...
Posted: Oct 14, 2024
Bermuda-headquartered insurer and reinsurer Arch Capital Group Ltd. has announced the appointment of Nicolas Papadopoulo as Chief Executive Officer, as Marc Grandisson is to retire from the company. Papadopoulo will also be joining Arch’s Board of...
Posted: Oct 14, 2024
Third quarter catastrophe bond and related insurance-linked securities (ILS) issuance was muted at $573 million, but sufficient to take issuance for the first nine months of the year to a new high of $13.2 billion, according to Artemis. Now availa...
Posted: Oct 14, 2024
Employers Holdings, Inc., a provider of workers’ compensation insurance, has announced the appointment of Michael Pedraja as Executive Vice President and Chief Financial Officer (Designate), effective February 3, 2025. He will assume the rol...
Posted: Oct 14, 2024