All Posts
Posted: Jul 08, 2024
AXA XL has announced two new underwriting and distribution leadership roles in Canada, James Lee as Head of Client & Distribution and Alex Barker as Chief Underwriting Officer Large Commercial. Lee, who has also been appointed Chief Agent for...
Posted: Jul 08, 2024
TOPEKA, Kan. (AP) — A former reporter for a weekly Kansas newspaper has agreed to accept $235,000 to settle part of her federal lawsuit over a police raid on the paper that made a small community the focus of a …
Posted: Jul 08, 2024
The US property and casualty (P&C) market is well on its way to returning to underwriting profitability along with a significant return on capital improvement for the full year, driven by lower winter storm losses and a recovery in personal au...
Posted: Jul 08, 2024
African countries saw a wave of credit rating downgrades last year with only four upgrades to their sovereign bonds, going against the global trend of net upgrades – 20 downgrades and 48 upgrades in 2023 – according to specialty re/ins...
Posted: Jul 08, 2024
Fannie Mae, a government-sponsored enterprise and provider of mortgage financing in the United States, has completed a new Credit Insurance Risk Transfer transaction, known as CIRT 2024-L3. This initiative transferred $337.2 million in mortgage cr...
Posted: Jul 08, 2024
No matter where you live, there’s a good chance the weather’s getting wilder. In just the past few weeks, tornadoes have wreaked havoc on Midwest and Southern states, and large swaths of southern Florida were flooded. Globally, 2023 was t...
Posted: Jul 08, 2024
The amount of cryptocurrency stolen in hacks globally more than doubled in the first six months of 2024 from a year earlier, driven by a small number of large attacks and rising crypto prices, blockchain researchers TRM Labs said. Hackers …
Posted: Jul 08, 2024
Tom Gallagher, an éminence grise or elder statesman of the Florida property insurance world and current chief operating officer for People’s Trust Insurance Co., now has another job to put on his resumé: board member for the Florida Insurance G...
Posted: Jul 08, 2024
The Florida property-casualty insurance industry, having seen wins and losses at the appellate court level in recent years, will soon have a familiar face on the bench that hears appeals for part of litigation-heavy south Florida. Gov. Ron DeSantis l...
Posted: Jul 08, 2024
Financial leaders brace for change to address multiple threats as they face significant gaps in organisational preparedness for successful business transformation, a recent Mayer Brown study has found. “The Next Organization: Seven Dimension...
Posted: Jul 08, 2024
Mired in a stream of multi-billion dollar budget deficits, the California Legislature has turned to voters for help. Lawmakers voted to place a pair of $10 billion bonds on the November ballot. If approved, the money would pay for the …
Posted: Jul 08, 2024
Mired in a stream of multi-billion dollar budget deficits, the California Legislature has turned to voters for help. Lawmakers voted to place a pair of $10 billion bonds on the November ballot. If approved, the money would pay for the …
Posted: Jul 08, 2024
A lightning strike caused the larger of two wildfires that has killed at least two people and destroyed or damaged more than 1,400 structures in New Mexico, authorities said. The South Fork Fire was first reported June 17 on the …
Posted: Jul 08, 2024
A lightning strike caused the larger of two wildfires that has killed at least two people and destroyed or damaged more than 1,400 structures in New Mexico, authorities said. The South Fork Fire was first reported June 17 on the …
Posted: Jul 08, 2024
Insurer GEICO has agreed to pay $6 million to settle claims by auto damage claims adjusters who allege the insurer failed to pay them for all hours they worked “off-the-clock.” The settlement affects 806 adjusters countrywide who worked f...
Posted: Jul 08, 2024
A Delaware judge on Tuesday refused to dismiss a lawsuit involving the death of a mentally ill woman who was killed by a state trooper in 2021 after she fired a shotgun at him. Raymond Rooks contends that state police …
Posted: Jul 08, 2024
A Delaware judge on Tuesday refused to dismiss a lawsuit involving the death of a mentally ill woman who was killed by a state trooper in 2021 after she fired a shotgun at him. Raymond Rooks contends that state police …
Posted: Jul 08, 2024
Auto Insurance: Perennially Predictably Profitable Auto Insurance ClareCarroll1
Posted: Jul 07, 2024
Tropical Storm Beryl is gaining strength as it lumbers toward the south Texas coast, and is expected to become a hurricane again before it makes landfall early Monday morning. The storm was about 165 miles (266 kilometers) southeast of Corpus …
Posted: Jul 07, 2024
Providing Coverage for AI May Be Huge Opportunity AI & Machine Learning ClareCarroll1
Posted: Jul 07, 2024
Integrating Life Insurance Into Wealth Management Life & Health ClareCarroll1
Posted: Jul 07, 2024
Applications of AI in Workers' Comp Commercial Lines ClareCarroll1
Posted: Jul 07, 2024
With a total combined ratio of 86 for 2023, the workers compensation market continued to waltz its way through another profitable year.
Posted: Jul 07, 2024
Accumulation Advantage+ offers a premium bonus on the money placed in the annuity for the first 18 months, vested at a rate of 10% each contract year.
Posted: Jul 07, 2024
Secure your client’s business at every stage with commercial output coverage.
Posted: Jul 07, 2024
The U.S. Environmental Protection Agency (EPA) recently issued the first-ever national, legally enforceable drinking water standard for the presence of per- and polyfluoroalkyl substances (PFAS) or “forever chemicals."
Posted: Jul 07, 2024
Martinez will support John Hancock’s long-standing distribution relationships, advanced products, underwriting experience and leadership in behavioral insurance.
Posted: Jul 07, 2024
The new product spans Property, Business Interruption, Employers Liability and Public Liability, is supported by AXA Insurance, and via Aurora’s data-driven insurance platform.
Posted: Jul 07, 2024
Home maintenance data and advice for agents to share with homeowners.
Posted: Jul 07, 2024
CEO Viewpoints: On Michigan, California and Litigation ‘Leeches’ "Michigan—not so g...
Posted: Jul 07, 2024
Insurance Information Institute
For immediate release Florida Press Office: Mark Friedlander, 904-806-7813, [email protected] HOUSTON, July 6, 2024 — Texans should be alert for the potential impacts of Tropical Storm Beryl, which is forecast to intensify back to hurricane strength befo...
Posted: Jul 05, 2024
Insurance Business Magazine - US
Posted: Jul 05, 2024
Insurance Business Magazine - US
Posted: Jul 05, 2024
Insurance Business Magazine - US
Posted: Jul 05, 2024
Insurance Business Magazine - US
Posted: Jul 05, 2024
Powerful Hurricane Beryl Bears Down on Mexico Hurricane Beryl continues its destructive path, with dang...
Posted: Jul 05, 2024
Insurance Business Magazine - US
Posted: Jul 05, 2024
The recent severe convective storms that hit Western, Central, and Southeastern Europe between June 27 and July 2 are expected to result in economic and insured losses reaching hundreds of millions of EUR, according to Aon’s weekly catastrophe rep...
Posted: Jul 05, 2024
Untreated Water Tied to U.S. Cucumber Salmonella Outbreak That Sickened 450 Untreated water used by a F...
Posted: Jul 05, 2024
Posted: Jul 05, 2024
OpenAI’s Internal AI Details Stolen in 2023 Breach A hacker gained access to the internal messaging syst...
Posted: Jul 05, 2024
Posted: Jul 05, 2024
Japan’s major insurance companies’ capital has further stabilised and it is strengthening, mainly due to better financial conditions, such as higher interest rates, and insurer efforts to reduce market risk, yet S&P Global’s rating...
Posted: Jul 05, 2024