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Hinterland continues upward growth trend with increased capacity for commercial and package property markets Denver, CO, October 3, 2024 – Hinterland Insurance (Hinterland), an independent insurance MGA and Program Administrator, today announced an e...
Posted: Oct 03, 2024
A new note from JP Morgan on the European reinsurance market following RVS 2024, says that with the industry now producing strong returns, analysts are expecting that 2025 will lead to a stabilisation of the reinsurance market. Analysts noted that...
Posted: Oct 03, 2024
McGriff, a US-based retail insurance broker, has announced its acquisition of Amity Benefits, a full-service retail employee benefits brokerage located in Tampa, Florida. Mike Breedlove, National Sales and Growth Leader at McGriff, expressed enthu...
Posted: Oct 03, 2024
Kingfisher Insurance Services Ltd., the London-based specialist insurance broker, has acquired MIS Motorsport’s commercial business in the UK and Ireland. Financial details of the transaction were not disclosed. As part of the acquisition, a ne...
Posted: Oct 03, 2024
After almost nine years with Munich Re America, part of the global re/insurance group, Daniel Boisvert has joined Odyssey Reinsurance Company as Senior Vice President (SVP) for its Property Treaty division. Based in Stamford, Connecticut, Boisvert...
Posted: Oct 03, 2024
Posted: Oct 03, 2024
Posted: Oct 03, 2024
According to catastrophe risk modelling specialist, Karen Clark & Company (KCC), privately insured losses from hurricane Helene will near $6.4 billion, driven by wind, storm surge, and inland flooding across nine states. A Category 4 storm wit...
Posted: Oct 03, 2024
Ryan Specialty, the Chicago-based international specialty insurance firm, announced it has completed the acquisition of certain assets of the European managing general agent, Geo Underwriting Europe BV (Geo Europe), part of The Ardonagh Group. The de...
Posted: Oct 03, 2024
The insurance broking arm of India’s Mahindra Finance, Mahindra Insurance Brokers Ltd (MIBL), is looking to enhance its reinsurance services across the Middle East and Africa with the launch of its reinsurance division in Dubai’s Inter...
Posted: Oct 03, 2024
The share of UK financial services firms worried about geopolitical risks is at its highest level since the 2008 crash, the Bank of England said. The BOE’s biannual systemic risk survey, which began during the financial crisis, said on Wednesda...
Posted: Oct 03, 2024
Skyward Specialty, a property and casualty (P&C) insurer, has announced the expansion of its renewable energy solutions. As the renewable energy sector rapidly grows, the demand for specialised risk management is increasing, yet many risks rem...
Posted: Oct 03, 2024
Typhoon Krathon crossed the southwest coast of Taiwan packing dangerous winds, with the storm leaving thousands of customers without power and shutting the stock exchange a second day. Krathon had maximum sustained winds of 126 kilometers (78 miles)...
Posted: Oct 03, 2024
Aircraft lessor Dubai Aerospace Enterprise (DAE) has secured a settlement with insurer AXA over jets retained in Russia since the 2022 invasion of Ukraine, raising the prospect of further deals as a London High Court “mega trial” kicked o...
Posted: Oct 03, 2024
Aircraft lessor Dubai Aerospace Enterprise (DAE) has secured a settlement with insurer AXA over jets retained in Russia since the 2022 invasion of Ukraine, raising the prospect of further deals as a London High Court “mega trial” kicked o...
Posted: Oct 03, 2024
Global specialty re/insurance group Chaucer has hired Iryna Chekanava as a Senior Innovation Underwriter, who joins from Lloyd’s, where she was the senior manager for innovation growth and partnership at the Lloyd’s Lab. In her new role, Chekanava...
Posted: Oct 03, 2024
The U.S. National Highway Traffic Safety Administration said owners of 154,000 Jeep plug-in hybrid electric SUVs should park outside and away from buildings or other vehicles until they get recall repairs completed. Jeep-parent Stellantis on Sept. 30...
Posted: Oct 03, 2024
OneDegree Group, a provider of cybersecurity and insurance solutions, has reached its first operating profit in the third quarter of 2024, marking a significant milestone for both the group and its insurance division. The company’s success can be...
Posted: Oct 03, 2024
Amazon.com has been accused by a U.S. labor board of illegally refusing to bargain with a union representing drivers employed by a contractor, the agency announced on Wednesday. The complaint from the National Labor Relations Board claims that Amazon...
Posted: Oct 03, 2024
The long-time president and engineer of an upscale Miami-area condominium remained in jail late Wednesday after he was charged with stealing $1.5 million in association fees over the last seven years. It’s the second time in two years that a &#...
Posted: Oct 03, 2024
Inszone Insurance Services acquired Dan Davis Insurance Solutions in San Jose, California. Dan Davis Insurance Solutions is an insurance agency that specializes in serving the homeowner association board members, HOA members and community managers se...
Posted: Oct 03, 2024
The Workers’ Compensation Insurance Rating Bureau of California (WCIRB) promoted Tony Milano to executive vice president and chief actuary. In his new role, Milano leads the actuarial services, research and data analytics teams, overseeing the...
Posted: Oct 03, 2024
Research by the Federal Reserve Bank of New York finds that nearly one million houses and multifamily buildings in New York, New Jersey, and Connecticut—one in 10 properties in the tri-state area—are at high risk of flooding. These properties rank &#...
Posted: Oct 03, 2024
A Virginia school board has agreed to pay $575,000 in a settlement to a former high school teacher who was fired after he refused to use a transgender student’s pronouns, according to the advocacy group that filed the suit. Conservative …
Posted: Oct 03, 2024
The Insurance Institute of London, a professional organisation for insurance and risk management professionals, has announced Lucy Clarke as its President for 2024-25. Clarke joined WTW in 2024, bringing with her more than 25 years of industry exp...
Posted: Oct 03, 2024
This past spring brought several updates to the renewable energy tax credit guidance from the Inflation Reduction Act, prompting those in the space to review their options for tax liability insurance. The post
Posted: Oct 02, 2024
Karen Clark & Co., the well-regarded storm modeling and analytics firm, estimates that privately insured losses from Hurricane Helene will be about $6.4 billion – from wind, storm surge and inland flooding in nine states. The figure includes resi...
Posted: Oct 02, 2024
The Online Travel Insurance Saver platform is part of the Insurance intermediary Rothwell & Towler portfolio of specialist travel and lifestyle insurance brands.
Posted: Oct 02, 2024
Restaurants continue to experience significant challenges from increasing payroll costs, inflation and claims, according to a report from NEXT Insurance.
Posted: Oct 02, 2024
The disaster highlights just how alarmingly low flood insurance coverage is among Americans, particularly in areas that are farther from the coast.
Posted: Oct 02, 2024
When independent agents give product feedback to their technology partners, they’re not just solving the problem that’s in front of them; they’re contributing to the product’s long-term strategy.
Posted: Oct 02, 2024
The total acres burned in California this year surpassed 1 million as spiking temperatures this week added to the challenges facing firefighters struggling to contain a stubborn blaze in the mountains northeast of Los Angeles that flared up over the...
Posted: Oct 02, 2024
OneShield is proud to announce a successful integration with one of its key OneShield Market Solutions customers in alliance with Input 1, a premier provider of digital billing and payments solutions.
Posted: Oct 02, 2024
The company announced the appointment of Mike Neal and Mark Abate.
Posted: Oct 02, 2024
More Drivers See Benefit of Keeping Lane Departure Prevention Systems On Almost 9 out of 10 dr...
Posted: Oct 02, 2024
Insurance Business Magazine - US
Posted: Oct 02, 2024
Insurance Business Magazine - US
Posted: Oct 02, 2024
Insurance Business Magazine - US
Posted: Oct 02, 2024