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The new offering has coverage options from $25,000 to $1 million.
Posted: Aug 21, 2024
Latest Industry Employment Report Forecasts Modest Job Growth in the Coming Year The latest iteration...
Posted: Aug 21, 2024
Insurance Business Magazine - US
Posted: Aug 21, 2024
Lettuce is revealing a partnership with Next.
Posted: Aug 21, 2024
Insurance Business Magazine - US
Posted: Aug 21, 2024
Dan Houston will continue to serve as CEO and Chairman of the Board.
Posted: Aug 21, 2024
Genworth aims to deliver long-term growth through Enact and CareScout.
Posted: Aug 21, 2024
Nationwide Mutual Insurance Company reported a loss of $187.5 million.
Posted: Aug 21, 2024
Posted: Aug 21, 2024
Firefighters Tame California’s Fourth Largest Wildfire on Record California's largest wildfire this yea...
Posted: Aug 21, 2024
Frequency of Deadly Hurricanes Has Jumped 300% New research indicates that what used to be the 100...
Posted: Aug 21, 2024
Many business owners assume that BI is covered under their business owner's policy or commercial property policy. They are not always aware of what may or may not trigger coverage, or that it may be an optional coverage that needs to be customized...
Posted: Aug 21, 2024
Most Americans will remember 2020 as the year when the pandemic changed everything. But for Lake Charles, Louisiana, and its neighbors along the Gulf Coast, it was also the year of record-setting disasters, when “once-in-a-lifetime” storm...
Posted: Aug 21, 2024
Alliant Insurance Services, headquartered in Irvine, California, named Brad Heter as vice president and producer within its employee benefits group serving Alliant’s Midwest region, specifically in the Ohio market. Heter has over 20 years of ex...
Posted: Aug 21, 2024
Alliant Insurance Services, headquartered in Irvine, California, named Alliant Specialty Senior Vice President Orlando Aguirre as the leader of its newly launched Alliant Commercial Surety. Based in Houston, Aguirre joined Alliant as senior vice pres...
Posted: Aug 21, 2024
MARSEILLES, Ill. (AP) — Two Indiana men have died and a 7-year-old girl has been found safe after the boat they were fishing from was found capsized on an eastern Illinois lake. Police responded Sunday to a 911 call at …
Posted: Aug 21, 2024
The Laurels of Athens, a nursing and rehabilitation facility in Athens, Ohio, owned and operated by Laurel Heath Care Company, Athens LTC, Inc., Ciena Healthcare Management, Inc., and Ciena Group, LLC, will pay $150,000 and provide other relief to se...
Posted: Aug 21, 2024
The parents of a former student accused of killing 10 people at a high school near Houston in 2018 do not bear financial responsibility for the shooting, a jury decided Monday. A lawsuit brought by victims and their families sought …
Posted: Aug 21, 2024
A recent roll from Reinsurance News shows that there are a number of barriers that are disrupting innovation within the insurance industry’s pricing technology. Hundreds of people from across the insurance and reinsurance sector responded to...
Posted: Aug 21, 2024
Texans set an unofficial record in electricity use Tuesday as soaring temperatures spurred homeowners, schools and businesses to crank up air conditioners. Power demand on the state grid rose to 85,559 megawatts at 6 p.m. local time, topping the Augu...
Posted: Aug 21, 2024
EagleView, a provider of aerial imagery, has announced the appointment of Courtney Cooke as Vice President (VP) of Enterprise Growth. Piers Dormeyer, CEO of EagleView, stated, “We support 9 out of the top 10 insurance companies in North America as...
Posted: Aug 21, 2024
Florida Peninsula Managers, the managing general agency for Florida Peninsula Insurance and Edison Insurance, has officially changed its name to Windward Risk Managers, the name of the company that has managed it for years. The change comes a month a...
Posted: Aug 21, 2024
Most companies in the global reinsurance market are benefiting from enhanced reinvestment rates, marking a significant shift from the prolonged soft market, according to AM Best’s recent market segment report. During the soft market period, which...
Posted: Aug 21, 2024
One year after it was approved for the Florida market, Mainsail Insurance Co. has been sold to Emerald Bay Risk Solutions, an underwriter and fronting carrier that was launched earlier this year. The move will help expand business in the …
Posted: Aug 21, 2024
Kroger Co. is seeking to block the Federal Trade Commission’s in-house case against its proposed purchase of rival grocer Albertsons Cos., claiming the proceeding is unconstitutional. The FTC, eight states and Washington, DC, challenged the Kro...
Posted: Aug 21, 2024
Ascot, the Bermuda-based global specialty insurance company, has announced that Derek Aurori has joined the company’s U.S. Excess Casualty team, taking on the role of Vice President for the Northeast region. Based in New York, Aurori joins t...
Posted: Aug 21, 2024
Insurance Business Magazine - US
Posted: Aug 21, 2024
Insurance Business Magazine - US
Posted: Aug 21, 2024
In a recent report, the Financial Conduct Authority (FCA) urged insurers to ensure they are providing fair value and consistently good outcomes for their customers, as many still fall short. Matt Brewis, Director of Insurance at the FCA, stated, “...
Posted: Aug 21, 2024
The Malawian government has received an insurance payout of $11.2 million for a crippling El Niño-linked drought that led the southern African nation to declare a state of disaster earlier this year. The payout was given to Malawi this month, …
Posted: Aug 21, 2024
Florida Peninsula Managers, the Managing General Agency (MGA) behind Florida Peninsula Insurance and Edison Insurance, has announced it will be renamed to Windward Risk Managers to better position itself for growth and new opportunities. The MGA h...
Posted: Aug 21, 2024
Verisk Specialty Business Solutions, the re/insurance software specialist operating in London and US re/insurance markets, has unveiled a new offshore renewable energy module within its exposure management system, Sequel Impact. According to the a...
Posted: Aug 21, 2024
Australian insurer IAG has announced its 2024 full-year results, reporting a net profit after tax of $898 million, up 7.9% on 2023 which saw $832 million in profits. According to the firm, this increase was driven by an 11% rise in net earned prem...
Posted: Aug 21, 2024
Wall Street’s top regulator on Tuesday voted 3-2 to bless new rules making it easier for an audit watchdog to hold people responsible for audit firms’ violations. Divided along party lines, the five-member U.S. Securities and Exchange Com...
Posted: Aug 21, 2024
Thunderstorm alerts are in place for a swath of Europe from Poland and Hungary to Italy and Greece. There are orange warnings for northern Greece, as the summer heat gives way to violent storms and the risk of flooding. Serbia …
Posted: Aug 21, 2024
Australian insurance broker AUB Group has released its 2024 financial year results, reporting that Tysers contributed AUD 96.8 million to its underlying pre-tax profit. AUB Group acquired Tysers from Odyssey Investment Partners in September of 202...
Posted: Aug 21, 2024
Global insurance and reinsurance broking group Aon has recently appointed Sinead Wolfe as Business Development Specialist, Credit Solutions in Ireland. Suzanne Hughes, Head of Credit Solutions, Ireland, expressed enthusiasm for Wolfe’s appointment...
Posted: Aug 21, 2024
The rapid adoption and evolving deployment of artificial intelligence (AI) in recent years have heightened the risk of cyber event aggregation from both malicious and accidental sources, according to a recent paper by Guy Carpenter. The paper iden...
Posted: Aug 21, 2024
Rokstone, the Aventum Group’s international re/insurance MGA, announced a multi-year, multi-strategy capacity agreement with Accredited Insurance Program Management, a leading global program manager. The partnership includes both US and interna...
Posted: Aug 21, 2024