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Insurance’s AI Equation Doesn’t Work Without Trust AI & Machine Learning ClareCarroll1
Posted: Jul 13, 2024
Laying the Groundwork for AI AI & Machine Learning ClareCarroll1
Posted: Jul 13, 2024
This product offers coverage for freight delays of 3 hours.
Posted: Jul 13, 2024
Allstate is seeking an increase in its California homeowners insurance premiums by an average of 34%. According to the California Department of Insurance, the Allstate homeowners filing was received by the Department on April 14, 2023. The initial ra...
Posted: Jul 12, 2024
How Insurance Fraud Erodes Consumer Trust From Our Partners sradomski
Posted: Jul 12, 2024
Insurers Hike Rates as Extreme Storms Like Beryl Proliferate Destructive storms like Hurricane Beryl th...
Posted: Jul 12, 2024
P/C Premium Growth Likely But Profits Delayed Until 2025: Forecast Favorable first-quarter econom...
Posted: Jul 12, 2024
California Insurance Commissioner Ricardo Lara today issued a decreased pure premium rate for workers’ compensation insurance, lowering the annual benchmark rate from $1.41 to $1.38 per $100 of payroll— representing a 2.1% percent decrease from...
Posted: Jul 12, 2024
Report: Insurers Keen on Replacing Legacy Systems Seek More Agility Insurance companies are replacing or augmenting l...
Posted: Jul 12, 2024
P/C Premium Growth Likely But Profits Delayed: Forecast Favorable first-quarter economic and unde...
Posted: Jul 12, 2024
Emerging economic, regulatory, and cultural trends pose complex risks for private company directors and officers in the post-pandemic landscape, according to Munich Re. The post
Posted: Jul 12, 2024
Insurance Business Magazine - US
Posted: Jul 12, 2024
Leif Assurance, headquartered in St. Louis, promoted Robert Worden to sales manager. Worden will also serve as the commercial lines’ sales manager for Leif’s sister company, Powers Insurance & Risk Management. Worden has 30 years of e...
Posted: Jul 12, 2024
Ex-Red Hot Chili Peppers guitarist Josh Klinghoffer is being sued for wrongful death and negligence after allegedly hitting and killing a pedestrian earlier this year. The lawsuit was filed by Ashley Sanchez, the daughter of 47-year-old Israel Sanche...
Posted: Jul 12, 2024
Insurers’ losses from Hurricane Beryl will be “low and readily absorbed” and the storm is not expected to change pricing conditions in the P&C and reinsurance sectors, Moody’s Ratings said. Beryl made landfall along the Te...
Posted: Jul 12, 2024
Earlier this week, Parametrix, a provider of cloud monitoring, modeling, and insurance services, successfully secured a $50 million parametric cloud outage coverage for a US retail chain. As announced by Parametrix’s Chief Commercial Officer...
Posted: Jul 12, 2024
Customers Frustrated With Insurer Rate Hikes After Extreme Storms Destructive storms like Hurricane Ber...
Posted: Jul 12, 2024
Posted: Jul 12, 2024
Report: Insurers Keen on Replacing Legacy Systems for More Agility Insurance companies are replacing or augmenting le...
Posted: Jul 12, 2024
The latest people news in the industry today. The post Kathleen Ziegler Appointed a...
Posted: Jul 12, 2024
The latest people news in the industry today. The post Juan Luis Ortega Succeeds John Lupi...
Posted: Jul 12, 2024
Florida Tax Watch, a nonprofit government watchdog in operation for 45 years, is urging state lawmakers to expand wind-mitigation tax breaks for homeowners struggling with higher insurance premiums. The group this week posted an analysis of the Flori...
Posted: Jul 12, 2024
The latest people news in the industry today. The post Michael Fish to Succeed Jonathan Bennett as Hea...
Posted: Jul 12, 2024
Ships sailing around the southern tip of Africa are wrestling with a bout of bad weather that has already run one vessel aground and seen another lose more than 40 containers overboard. CMA CGM SA said on Thursday that its …
Posted: Jul 12, 2024
Miller, an independent specialist re/insurance broker, has appointed Christopher Dines as Head of Client Service within a newly created Real Estate team, effective immediately. Dines will be based in London to build out a dedicated global Real Est...
Posted: Jul 12, 2024
Catastrophic events, such as major hurricanes and the Sept. 11 terrorist attacks, traditionally have led to hard markets that in turn drove the formation of startup reinsurers to fill capacity needs. Reinsurers launched in “the class of 1992,&#...
Posted: Jul 12, 2024
Catastrophic events, such as major hurricanes and the Sept. 11 terrorist attacks, traditionally have led to hard markets that in turn drove the formation of startup reinsurers to fill capacity needs. Reinsurers launched in “the class of 1992,&#...
Posted: Jul 12, 2024
Abbott Laboratories hid the risks of its premature-infant formula causing a potentially fatal bowel disease from parents even though company officials acknowledged the peril in internal documents, a lawyer told a Missouri jury. The company was accuse...
Posted: Jul 12, 2024
ACORD, the standards-setting body for the global insurance industry, has announced that its Global Insurance Stock Index outperformed the broader market for the second consecutive quarter in a row, delivering a return of 28.9% compared to the worl...
Posted: Jul 12, 2024
Destructive storms like Hurricane Beryl that knocked out power to 3 million homes and businesses in Texas are growing more frequent and intense, and insurers are jacking up rates in response. That could mean big profits for property and casualty R...
Posted: Jul 12, 2024
Destructive storms like Hurricane Beryl that knocked out power to 3 million homes and businesses in Texas are growing more frequent and intense, and insurers are jacking up rates in response. That could mean big profits for property and casualty R...
Posted: Jul 12, 2024
INDIANAPOLIS (AP) — The remnants of Hurricane Beryl dropped tornadoes and threatened flooding Wednesday as the system churned into Canada and the northeastern U.S. after leaving millions in the Houston area without power. Beryl, which landed in Texas...
Posted: Jul 12, 2024
Two years after the U.S. Department of Labor added Kyoei Steel LTD to its program for severe violators of federal safety and health regulations, inspectors returned for a follow-up inspection at the Vinton, Texas steel fabrication and recycling facil...
Posted: Jul 12, 2024
Days after Hurricane Beryl crashed through the city, Houston is still grappling with the aftershocks. Large swaths of America’s fourth-largest city are still without power, shutting stores and snarling traffic at non-functioning lights. Gas sta...
Posted: Jul 12, 2024
Property and casualty (P&C) insurer Chubb has announced a number of new leadership appointments, including Ana Robic and Ben Rockwell as Senior Vice President, Chubb Group. Robic is the current Vice President, Chubb Group and Division Presiden...
Posted: Jul 12, 2024
CHARLESTON, W.Va. (AP) — A judge approved a $1 million settlement Tuesday in a wrongful death lawsuit that accused West Virginia state police troopers of using excessive force on a Maryland man who was walking along a highway last year. …
Posted: Jul 12, 2024
Securian Financial is a provider of insurance and other protection products to more than 6,000 financial institutions and associations in the US and Canada.
Posted: Jul 12, 2024
Wrisk is a provider of embedded insurance solutions for Automotive OEMs.
Posted: Jul 12, 2024
BPL is a specialist credit and political risk insurance broker.
Posted: Jul 12, 2024