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Global insurer AXA’s P&C and specialty risk division, AXA XL, has revealed that gross written premiums and other revenues were up 7% to €32.5 billion in H1 of 2024, while its combined ratio was 90.2%, down 0.7 points from the same period of 20...
Posted: Aug 02, 2024
A hacking group believed to be linked to the Chinese government stole passwords and documentsfrom a Taiwanese government-affiliated research center that specializes in computing, cybersecurity researchers at Cisco Systems Inc. said Thursday. The atta...
Posted: Aug 02, 2024
Buruj, a multi-line non-life insurance underwriter and insurance group MedGulf, have signed a non-binding Memorandum of Understanding (MOU) to evaluate a potential merger between the two companies. The MOU aims to establish a framework for the str...
Posted: Aug 02, 2024
BNP Paribas is in exclusive talks with French insurer AXA to buy 100% of its AXA Investment Managers arm at an agreed price of 5.1 billion euros ($5.50 billion), the euro zone’s biggest bank said on Thursday. For BNP, such …
Posted: Aug 02, 2024
KYND, a UK-based cyber risk management solutions provider, has announced its expansion into the US market. This expansion brings KYND’s innovative and straightforward approach to cyber risk analysis to a new market, addressing the insurance...
Posted: Aug 02, 2024
The insurance company Orion180 is thrilled to announce its expansion into Ohio, bringing its specialised homeowners coverage to eight states, including three new ones added in the first half of 2024. With the addition of Ohio through Orion Select...
Posted: Aug 02, 2024
The recent outage on Microsoft Corp.’s cloud-computer platform demonstrated the persistence of an older, blunt-force style of cyberattack. It’s called a distributed denial-of-service attack, DDoS for short, and it works by directing massi...
Posted: Aug 02, 2024
Today may be the day when the impossible becomes possible—based on the number of headlines in recent days saying pretty much that. A slew of recent articles this week focus on studies and research reporting on how unlikely the weather, …
Posted: Aug 02, 2024
Apple on Thursday asked a U.S. judge to dismiss a lawsuit by federal and state antitrust regulators accusing it of illegally monopolizing the smartphone market, saying the case would have a judge redesign its popular iPhone. The Justice Department, 1...
Posted: Aug 02, 2024
“Move fast and break things,” a high-tech mantra popularized 20 years ago by Facebook founder Mark Zuckerberg, was supposed to be a rallying cry for game-changing innovation. It now seems more like an elegy for a society perched on a R...
Posted: Aug 02, 2024
The Tennessee Department of Commerce and Insurance so far this year has secured more than $9.5 million for policyholders whose insurance claims had been denied, the department announced this week. The payments, mostly from property insurers, are the...
Posted: Aug 02, 2024
Ryan Specialty has unified its Ryan Financial Lines (RFL), its international financial lines managing general underwriter, launched in December 2023 and expanded its product offerings, with the first phase implemented in March 2024 with EmergIn Ri...
Posted: Aug 02, 2024
Federal safety investigators cited a construction company in the deadly collapse of an Idaho airport hangar, saying it exercised a “blatant disregard” for federal safety standards. The Occupational Safety and Health Administration propose...
Posted: Aug 02, 2024
Federal safety investigators cited a construction company in the deadly collapse of an Idaho airport hangar, saying it exercised a “blatant disregard” for federal safety standards. The Occupational Safety and Health Administration propose...
Posted: Aug 02, 2024
Eight years of litigation, multiple court opinions, and two deadlocked trials are enough. A federal judge in Pennsylvania has put an end to what he says is “futile” litigation over whether Uber Black drivers, who drive luxury cars and cha...
Posted: Aug 02, 2024
Massachusetts businesses with more than 25 employees must disclose salary ranges when posting jobs, under a new bill signed into law Wednesday that puts the commonwealth in line with 10 other states that already require pay transparency. The new law...
Posted: Aug 02, 2024
A Colorado man who aided a former insurance claims adjuster in an auto insurance claims scheme was sentenced this week. In 2020, Brassfield, 55, of Aurora, reportedly aided former Travelers Insurance employee Colette Palin, 63, of Aurora in committin...
Posted: Aug 02, 2024
A Colorado man who aided a former insurance claims adjuster in an auto insurance claims scheme was sentenced this week. In 2020, Brassfield, 55, of Aurora, reportedly aided former Travelers Insurance employee Colette Palin, 63, of Aurora in committin...
Posted: Aug 02, 2024
Of all the insidious threats faced by wildland firefighters — extreme heat, desiccated forests, unpredictable fire behavior and a nearly year-round fire season — what might be the most fearsome? Humans. People do dangerous things, things that start w...
Posted: Aug 02, 2024
Comorbidities make care more complicated, resulting in increased risk for physicians. The post
Posted: Aug 01, 2024
Property and Casualty insurer Skyward Specialty Insurance Group Inc. has bolstered its Healthcare Solutions portfolio and expanded its Transactional Property E&S underwriting units with senior appointments. Julie Miglin has been named Vice Pre...
Posted: Aug 01, 2024
Moving workloads to cloud providers has advantages, but single-threading through environments or vendors can swap one type of risk for another.
Posted: Aug 01, 2024
The former Nay SEAL comes to EagleView after managing regional sales and product innovation at Sherwin-Williams.
Posted: Aug 01, 2024
While many such failures, including this one, are unlikely to reach catastrophic levels, the failure of more ubiquitous software products very well could.
Posted: Aug 01, 2024
The upfront consideration for the acquisition will amount to €423 million.
Posted: Aug 01, 2024
Clearsurance.com recently released a report on State Farm’s usage-based insurance program, Drive Safe & Save. They discovered that policyholders who opt into this program could save as much as 30% on their monthly premiums.
Posted: Aug 01, 2024
Insurance Business Magazine - US
Posted: Aug 01, 2024
Insurance Business Magazine - US
Posted: Aug 01, 2024
CrowdStrike Is Sued by Shareholders Over Huge Software Outage CrowdStrike has been sued by sha...
Posted: Aug 01, 2024
Verisk’s PCS Classifies CrowdStrike Incident as a Cyber Ca...
Posted: Aug 01, 2024
AIG’s Repositioning Affects Q2 Earnings; Underlying Underwriting Income Up 2% The formal split of its life an...
Posted: Aug 01, 2024
AXA XL and U.S. MIG will provide protection against a wide range of risks.
Posted: Aug 01, 2024
Sapphire Blue will become MagMutual’s exclusive underwriter for policyholders outside the traditional physician and hospital model.
Posted: Aug 01, 2024
The new offering enables "quick and easy" benefit payouts to members when one of 13,000 covered conditions is diagnosed.
Posted: Aug 01, 2024
Following this transaction, AVP will change its name.
Posted: Aug 01, 2024
The upfront consideration for the acquisition will amount to €423 million.
Posted: Aug 01, 2024
AAA: Post-Pandemic Risky Driving Behavior Continues Dangerous driving behaviors like speeding, not using seatb...
Posted: Aug 01, 2024
Illuminated Crosswalk...
Posted: Aug 01, 2024
Insurance Business Magazine - US
Posted: Aug 01, 2024
Insurance Business Magazine - US
Posted: Aug 01, 2024
Insurance Business Magazine - US
Posted: Aug 01, 2024
Insurance Business Magazine - US
Posted: Aug 01, 2024