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The Results Companies, LLC, a services outsourcing firm, violated federal law when it refused to provide a reasonable accommodation for a blind call center employee and then fired her, the U.S. Equal Employment Opportunity Commission (EEOC) charged i...
Posted: Sep 24, 2024
IMA Financial Group Hires Davenport to lead Texas Employee Benefits IMA Financial Group, headquartered in Denver, named Teniqua Davenport as Texas market leader, employee benefits on its Dallas-Fort Worth and Houston leadership team. With more than 1...
Posted: Sep 24, 2024
Aspen Insurance Group has announced the promotion of G. Robert Walters to SVP and Head of Property Treaty at Aspen Re America, effective October 1st. Walters, who has over three decades of experience in the insurance industry, will be based at Asp...
Posted: Sep 24, 2024
Falcon Risk Services has gone live on both Cogitate’s DigitalEdge Policy and DigitalEdge Claims solutions.
Posted: Sep 24, 2024
EvolutionIQ joins CALI’s corporate partner program, which seeks to connect life insurers with companies that can help drive the sector forward.
Posted: Sep 24, 2024
Envelop Co-founder Paul Guthrie will lead the business area on an interim basis.
Posted: Sep 24, 2024
The state of Maryland is suing the owner and operator of the Dali cargo ship that caused the collapse of Baltimore’s Francis Scott Key Bridge in March, joining the U.S. government, the families of six workers killed in the tragedy, …
Posted: Sep 24, 2024
Just a few weeks after unofficially announcing that a new catastrophe model was in the works, Aon officially announced the launch of a model to analyze U.S. Severe Convective Storms this week. Paul Shedden, head of global analytics– insurance and ...
Posted: Sep 24, 2024
Xceedance, a global provider of technology and digital solutions, has acquired Millennium Information Services (MIS), an insurance inspection and data analytics firm based in the US. This acquisition expands the Xceedance Americas team by nearly 2...
Posted: Sep 24, 2024
The 2024 Travelers Risk Index released by property and casualty insurer, The Travelers Companies, Inc. has disclosed cyber threats as the top concern amongst businesses, for the fourth time in six years. Established in 2014, the annual survey asks...
Posted: Sep 24, 2024
In 2023 the U.S. surplus lines market for the first time surpassed the $100 billion mark in direct premiums written, and some of the risk that has found non-admitted insurers might stay there beyond an eventual turn in the market …
Posted: Sep 24, 2024
SureChoice Underwriters Reciprocal Exchange in partnership with SageSure launched a non-admitted business owners policy in California. The program will service more than 400 business classes across eight industries, including restaurants, offices, wh...
Posted: Sep 24, 2024
SEADRIF Insurance Company has made a payout of US$750,000 to support the eight provinces in Lao PDR devastated by the passage of Typhoon Yagi, which has been called Asia’s most powerful storm this year. According to the announcement, the funds wil...
Posted: Sep 24, 2024
The National Association of Professional Insurance Agents (PIA) named Michael Skiados as CEO following an extensive search process. He will join the organization on October 15. “Mike’s ability to transform the member experience, combined...
Posted: Sep 24, 2024
International law firm Mayer Brown has announced that Legal & General’s Tom MacAulay has joined the firm as a partner within its Corporate & Securities practice and Global Insurance Group in London. During his tenure at Legal & G...
Posted: Sep 24, 2024
Global law firm Appleby has announced that Max Tetlow will join its insurance team and corporate practice as Partner, effective 1 November 2024. Brad Adderley, Bermuda Managing Partner, expressed enthusiasm for Tetlow’s return, stating, “We are ex...
Posted: Sep 24, 2024
An onslaught of four natural disasters caused C$7.1 billion ($5.3 billion) of insured losses across Canada in just two months — more than any other summer on record. In July and August, a ballistic hailstorm tore through cars and buildings …
Posted: Sep 24, 2024
Ledger Investing, an insurtech and insurance-linked securities (ILS) focused venture-backed company, has successfully funded and launched a new casualty sidecar facility, designed to provide up to $100 million of capital to finance the casualty re...
Posted: Sep 24, 2024
Whom you choose to partner with for your compliance needs matters. Choosing the right technology partner can transform your insurance licensing compliance practices from a nightmare into a dream-come-true.
Posted: Sep 24, 2024
Key features include digital pay corrections, compliance maintenance, and general ledger management.
Posted: Sep 24, 2024
Brennan brings nearly two decades of insurance industry and public company executive experience.
Posted: Sep 24, 2024
This evolution marks a significant milestone from a successful pilot to a long-term relationship focusing on innovation and mutual growth.
Posted: Sep 24, 2024
AFL can now offer up to $5 million in capacity on an admitted basis for Financial Institutions located in New York.
Posted: Sep 24, 2024
The program accommodates more than 400 business classes across eight industries.
Posted: Sep 24, 2024
The platform leverages Microsoft’s technology to offer data-driven solutions for hurdles related to climate change.
Posted: Sep 24, 2024
Insurance Business Magazine - US
Posted: Sep 24, 2024
Insurance Business Magazine - US
Posted: Sep 24, 2024
First responders in a Massachusetts city had to exercise some impromptu roundup skills when eight bulls escaped from a rodeo being held in the parking lot of a mall on Sunday. Video posted online captured the moment when the bulls …
Posted: Sep 24, 2024
Florida’s Big Bend region on the northern Gulf Coast is bracing for yet another hurricane, the third in the last 13 months. Wind speeds for what could soon be Hurricane Helene are forecast to reach up to 115 mph, higher …
Posted: Sep 24, 2024
According to Insuramore analysis, the value of the global market for property and casualty (P&C) insurance rose by 8.6% in 2023, before adjusting for inflation with private P&C lines at 9.2% outgrowing commercial P&C lines with 8.0% fo...
Posted: Sep 24, 2024
It was just another overnight shift for Damon Davis, a road construction inspector who was supervising repairs on Baltimore’s Francis Scott Key Bridge — until the deck beneath his feet started crumbling. He ran for his life and, miraculously, m...
Posted: Sep 24, 2024
West Bend Insurance Company has expanded its partnership with ZestyAI to incorporate more AI-powered risk analytics into its underwriting process. West Bend will now utilise ZestyAI’s property risk platform, Z-PROPERTY, to improve the accuracy of...
Posted: Sep 24, 2024
A dozen Tufts University men’s lacrosse players have been diagnosed with a rare muscle injury after participating in a voluntary, supervised 45-minute workout that the team conducted, a university spokesperson said Friday. Five of the players w...
Posted: Sep 24, 2024
Elon Musk lost a legal fight over unpaid severance to a former Twitter employee who was laid off when he took over the social media platform in 2022, according to a memo obtained by Bloomberg News. The resolution of the …
Posted: Sep 24, 2024
Global life insurance group Resolution Life has announced the appointment of Ruth Farrugia as Chief Investment Officer, who will succeed Karl Happe as part of a planned transition. Farrugia, a senior finance executive with over 20 years’ experienc...
Posted: Sep 24, 2024
Excess and Surplus lines (E&S) have experienced remarkable growth for five straight years by double-digit percentage rates, mainly due to admitted markets pulling back or exiting markets, according to a recent Triple-I report. Analysts noted t...
Posted: Sep 24, 2024
Global Parametrics, a CelsiusPro Group company, has announced the appointment of Harry Titherley as Business Development Director, a London-based role. Titherley brings extensive experience in parametric re/insurance to his new role. He has a stro...
Posted: Sep 24, 2024
International insurance group Ageas has unveiled Elevate27, a new strategic plan for 2025-2027 aimed at enhancing the company’s performance by focusing on profitable growth, technical insurance leadership, operational excellence, and improving cus...
Posted: Sep 24, 2024