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Alera Group announced the acquisition of Insurance Underwriters Ltd., a Louisiana-based insurance agency offering risk management and insurance solutions including business insurance, surety bonds, personal insurance and employee benefits. IUL provid...
Posted: Sep 26, 2024
A defamation trial against Newsmax Media kicks off on Thursday over allegations the conservative outlet damaged Smartmatic by broadcasting false claims that the voting machine company helped steal the 2020 U.S. presidential election from Donald Trump...
Posted: Sep 26, 2024
Newsmax Media reached a confidential settlement of a lawsuit by Smartmatic, the voting machine maker that had alleged it was defamed by the news outlet’s false claims that its machines were rigged to help steal the 2020 U.S. presidential electi...
Posted: Sep 26, 2024
Xceedance announced it has acquired Millennium Information Services, a property inspection and data analytics company based in Chicago. With the acquisition, the Xceedance Americas team adds nearly 200 team members and a nationwide contractor network...
Posted: Sep 26, 2024
The Ardonagh Group, the London-based independent insurance distribution platform, announced that PSC Insurance Group Ltd.’s shareholders voted in favor of its proposed acquisition. The transaction, which is valued at A$2.3 billion (US$1.6 billi...
Posted: Sep 26, 2024
Intangic, a US-domiciled technology risk platform, has appointed Joshua Cryer as Director of Client Solutions. In his new role, Cryer’s remit includes being responsible for Intangic’s client solutions, he reports to Ryan Dodd, Founder and Ch...
Posted: Sep 26, 2024
In the long war between auto insurers and windshield repair shops, the Florida Supreme Court this week sided with glass companies, leaving GEICO with little choice but to ask lawmakers to change the law if it feels repair prices have …
Posted: Sep 26, 2024
AM Best has revised the outlooks to negative from stable while affirming the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICRs) of “a” (Excellent) of Boston-based Medical Professional...
Posted: Sep 26, 2024
Strategic Risk Solutions (SRS), an independent insurance company manager globally, has announced the establishment of SRS Italy. Based in Milan, SRS Italy will be the first specialised provider of insurance management services specifically for cap...
Posted: Sep 26, 2024
New division reflects the company’s commitment to strengthening its presence in the residential real estate market.
Posted: Sep 26, 2024
Product is supported by the "robust" scientific climate models developed by AXA.
Posted: Sep 26, 2024
Verve was established in 2022 and is a team of ~13.
Posted: Sep 26, 2024
Paul Scope has joined the company to serve as CEO of this entity.
Posted: Sep 26, 2024
Just when employees have learned to ignore scammy texts and emails from the boss, along comes the next generation of impersonation using artificial intelligence. Cybercriminals increasingly use generative AI, including voice calls and video, to scam...
Posted: Sep 26, 2024
Global insurance broker Acrisure has expanded its operations with the opening of a new office in Hamilton, Bermuda, focusing on wholesale insurance broking for its global clients. This new capability, trading as Acrisure Bermuda Limited under the...
Posted: Sep 26, 2024
Beazley, the specialist insurer, has revealed AI to be the biggest challenge facing digital health and wellness firms globally as they ramp up its integration into their systems. Beazley’s Digital Health & Wellness 2024 report is a surve...
Posted: Sep 26, 2024
Insurance Business Magazine - US
Posted: Sep 26, 2024
As its authority is routinely questioned, the Federal Trade Commission has filed complaints against five companies it said use artificial intelligence (AI) to “supercharge deceptive or unfair conduct.” “Using AI tools to trick, misl...
Posted: Sep 26, 2024
Descartes has appointed Cyril Blin as Principal Underwriter, Technical Risks, and Benjamin Lambert as Senior Credit Underwriting Manager, Credit & Political Risk Insurance (Single Risk). According to the firm, the appointment of these two expe...
Posted: Sep 26, 2024
Britain on Thursday sanctioned five vessels and two associated entities involved in the shipping of Russian LNG, with the government saying it was using new legal powers for the first time to target LNG vessels directly. “Earlier this year, the...
Posted: Sep 26, 2024
Generative AI scams are becoming increasingly sophisticated, leaving small businesses vulnerable to financial and reputational damage, a Nationwide survey finds. The post
Posted: Sep 26, 2024
Demand for disaster relief has surpassed the ‘deductible’ threshold, triggering, for the first time, an insurance payout by the International Federation of Red Cross and Red Crescent Societies’ Disaster Response Emergency Fund (IFRC-DREF). The IFR...
Posted: Sep 26, 2024
Hurricane Helene Churns Toward Florida Coast as Large Storm Hurricane Helene pushed deeper in...
Posted: Sep 26, 2024
Acrisure, the Grand Rapids, Michigan-based insurance broker and fintech specialist, has launched an office in Bermuda to focus on wholesale insurance broking for its global clients. Trading as Acrisure Bermuda Ltd., the new business unit aims to comp...
Posted: Sep 26, 2024
Dale Underwriting Partners, the trading name for Dale Managing Agency Limited’s Lloyd’s Syndicate 1729, has appointed Paul Daniel as Head of Global Property Reinsurance, effective October 28, 2024. In his new role, based in London, Daniel will be...
Posted: Sep 26, 2024
Conspiracy theorist Alex Jones ‘ Infowars media platform and its assets will be sold off piece by piece in auctions this fall to help pay the more than $1 billion he owes relatives of victims of the Sandy Hook Elementary …
Posted: Sep 26, 2024
American Eagle Outfitters sued Amazon.com on Wednesday, accusing it of intentionally infringing the clothing and accessories retailer’s “Aerie” and “Offline by Aerie” trademarks by directing customers to knock-off mercha...
Posted: Sep 26, 2024
West P&I, a global insurance provider for the maritime and offshore industries, has announced the appointment of Cai Xuanlun (XL) as the new CEO of its Hong Kong office, effective December 2024. Xuanlun will take over from Richard Macnamara, w...
Posted: Sep 26, 2024
As the PRA marks the first anniversary of its Secondary Competitiveness and Growth Objective (SCGO), the regulator’s Director of Insurance Supervision, Shoib Khan, has highlighted a series of new initiatives designed to maintain trust in the...
Posted: Sep 26, 2024
Shell, Equinor and TotalEnergies said on Thursday their carbon dioxide (CO2) storage project on Norway’s west coast is now completed and ready to receive CO2, with its first deliveries expected next year. Carbon capture and storage (CCS) has lo...
Posted: Sep 26, 2024
Wealthy neighborhoods in Quito remain under threat of flames, and schools have shifted to online teaching through the end of the week as firefighters battle forest fires in Ecuador’s capital. Quito Mayor Pabel Muñoz of the left-wing Citizen Rev...
Posted: Sep 26, 2024
The impact of the floods resulting from Storm Boris in Central Europe on rated insurers’ property and casualty (P&C) underwriting performance will be manageable, S&P analysts expect. A slow-moving storm caused days of intense rainfal...
Posted: Sep 26, 2024
The digital claims tools are accessible to both customers and brokers.
Posted: Sep 26, 2024
Solution meant for commercial risk profiles.
Posted: Sep 26, 2024
Hurricane Helene is in the Gulf of Mexico with maximum sustained winds near 90 mph with higher gusts, and strengthening is expected as it heads towards Florida, currently forecast to make landfall on the Big Bend coast as a major Category 3 storm...
Posted: Sep 26, 2024
Resolution Re, the Bermudian reinsurance platform of global life insurance group, Resolution Life, has entered into a new UK Pension Risk Transfer (PRT) reinsurance deal with a leading UK-regulated insurer. Resolution Life’s other two transactions...
Posted: Sep 26, 2024
Markel, the insurance operations within the Markel Group Inc., has launched an enhanced insurance proposition tailored to meet the evolving needs of the UK’s growing tech sector. The enhanced product, MarkelTech, is aimed at start-ups, small-an...
Posted: Sep 26, 2024
CFC, an insurance provider and specialist in emerging risks and cyber insurance, has announced the opening of its first office in Spain. Following its expansion into North America and Australia earlier in 2024, the new Madrid office represents ano...
Posted: Sep 26, 2024
This post is part of a series sponsored by AgentSync. Insurance compliance is serious business. Falling out of compliance can have real consequences for everyone from insurance agencies, carriers, MGAs, and MGUs, to individual producers, adjusters, a...
Posted: Sep 26, 2024
Africa Specialty Risks (ASR), the pan-African and Middle East-focused re/insurance group, has appointed Aurélien Sauty to lead its new Marine and Aviation divisions, as Head of Marine and Aviation. The appointment and strategic expansion further e...
Posted: Sep 26, 2024
The shareholders of PSC Insurance Group Limited have approved Ardonagh’s proposed acquisition, as revealed by the independent insurance broking platform. Back in May, it was announced that Ardonagh had entered into a Scheme Implementation De...
Posted: Sep 26, 2024
Institutional investors holding a combined $9.5 trillion of assets say they’ve slashed portfolio emissions at a rate that aligns them with the goal of limiting global warming to the critical threshold of 1.5C. The Net-Zero Asset Owner Alliance,...
Posted: Sep 26, 2024
Fidelis Insurance Group, the global specialty insurer, has promoted Aoife Woulfe to the role of Chief Underwriting Officer (CUO) of Ireland. Woulfe joined Fidelis in May of this year as Head of Underwriting, Ireland, after spending more than a dec...
Posted: Sep 26, 2024
Posted: Sep 26, 2024