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Wildfires in Canada that burned continuously for over a year. Floods that brought Dubai to a standstill. Deadly heat blanketing the streets of New Delhi. The first half of 2024 has laid bare the catastrophic extremes that now characterize the …
Posted: Jun 19, 2024
Following evaluation from its Board, R&Q has confirmed that it will be filing for a provisional liquidation in Bermuda and that it expects the previously announced sale of Accredited to Onex Corporation to be implemented through that process....
Posted: Jun 19, 2024
The Sustainable Markets Initiative (SMI), a collaborative effort focused on promoting sustainability in global markets, along with Howden, an international insurance group, and Resilient Cities Network (R-Cities), the city-led network on urban res...
Posted: Jun 19, 2024
Verisk’s Extreme Event Solutions business, a global provider of data analytics and technology, has estimated that insurance industry losses from recent flooding in southern Germany will fall between USD 2.6 billion and USD 3.9 billion (EUR 2...
Posted: Jun 19, 2024
A cohort of Russian-speaking hackers is demanding $50 million from a UK lab-services provider to end a ransomware attack that has paralyzed services at London hospitals for weeks, according to a representative for the group. Qilin, as the group is &#...
Posted: Jun 19, 2024
Europe’s ESG rulebook, which is seen as the benchmark for setting sustainability-disclosure requirements worldwide, keeps getting pushback from the regulators charged with enforcing it. In an opinion to the European Commission, regulators for t...
Posted: Jun 19, 2024
Zurich Insurance Company’s acquisition of a majority stake in Kotak Mahindra General Insurance Company Limited, for a total consideration of Rs. 5,560 crores (USD 670 million), makes it the first foreign insurer to enter India since the FDI...
Posted: Jun 19, 2024
Clyde & Co, a law firm that specialises in insurance, trade, and aviation, reports that 67 percent of leaders surveyed find the risk landscape significantly more complex than it was three years ago during the COVID-19 crisis. Complicated and o...
Posted: Jun 19, 2024
Assurex Global, a private commercial insurance, risk management, and employee benefits brokerage group, has announced the addition of Prudent Insurance Brokers Pvt. Ltd., based in Mumbai, India, to the Assurex Global Partnership as of May 1. Estab...
Posted: Jun 19, 2024
Michael Diaz-Rivera’s experience simultaneously represents the promise and failure of social equity licenses for the cannabis industry. Diaz-Rivera’s conviction in 2006 for marijuana possession made him eligible when Colorado agreed in 20...
Posted: Jun 19, 2024
Michael Diaz-Rivera’s experience simultaneously represents the promise and failure of social equity licenses for the cannabis industry. Diaz-Rivera’s conviction in 2006 for marijuana possession made him eligible when Colorado agreed in 20...
Posted: Jun 19, 2024
Damage to U.S. homes due to lightning resulted in $1.2 billion in homeowners insurance claims in 2023, up 30% from 2022.. The number of lightning-caused U.S. homeowners insurance claims increased by 13.8% over 2022, with numbers from the top 19 ̷...
Posted: Jun 19, 2024
A federal judge dismissed a lawsuit by Exxon Mobil Corp. against Arjuna Capital after a lawyer for the activist investor group vowed not to try to resurrect a shareholder policy opposed by the company. The judge in Fort Worth, Texas, …
Posted: Jun 19, 2024
The owner of a New York roofing company has been sentenced for attempting to cover up an employee’s on-the-job death. Law enforcement investigators determined that Jeremiah Wiedemann, owner of Wiedemann Sons Roofing, had moved the victim to a d...
Posted: Jun 19, 2024
AM Best reports it has has revised the outlooks to stable from negative and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Ratings of “a-” (Excellent) of the members of the Philadelphia Contributi...
Posted: Jun 19, 2024
Sapiens International Corporation, a global provider of software solutions for the insurance industry, has launched an advanced AI-driven platform designed to enhance insurers’ offerings and processes. The Sapiens Insurance Platform utilises...
Posted: Jun 19, 2024
California’s largest business and labor groups agreed to change a landmark law that has helped workers sue companies such as Walmart Inc., Uber Technologies Inc. and Google for workplace violations. The deal caps years of efforts by the state&#...
Posted: Jun 19, 2024
A loss of engine power due to poor maintenance caused a 2022 helicopter crash in New Mexico that claimed the lives of four Bernalillo County first responders as they were returning home from a firefighting mission, according to federal investigators....
Posted: Jun 19, 2024
Amazon failed to meet requirements of California’s Warehouse Quotas law at warehouses in Riverside and San Bernardino Counties, according to the Labor Commissioner’s Office. The ofice cited Amazon.com Services LLC $5,901,700 for violation...
Posted: Jun 19, 2024
Discover how integrating technology and data analytics can enhance decision-making and improve the overall efficiency of your injury triage program. The post
Posted: Jun 18, 2024
This post is part of a series sponsored by AgentSync. For many carriers and agencies, compliance is an arduous chore. Compliance touches on almost every aspect of your distribution process: From checking licenses during onboarding to obtaining appoin...
Posted: Jun 18, 2024
"There's a better understanding of work-life balance with millennials and Gen Zers," says young agent Tyler Ross. "Speaking as a father of two boys, I see more parents prioritizing being around their kids, taking them to school, going to activities a...
Posted: Jun 18, 2024
"In the hard market, people from an older generation come with knowledge of good times and times when they've been through a hard market and come back out of it," says independent agent Maggie Landry. "That’s always nice to hear about because sometim...
Posted: Jun 18, 2024
Powered by Vexcel’s extensive imagery coverage, CAPE will continue to deliver the most precise, reliable, and up-to-date property risk analytics available.
Posted: Jun 18, 2024
Posted: Jun 18, 2024
Rising temperatures are increasing the risk of both direct and indirect heat-related workplace injuries across various industries. The post
Posted: Jun 18, 2024
The company currently anticipates that the acquisition will close in the second half of 2024.
Posted: Jun 18, 2024
Cécile Paillard will be responsible for accelerating the Group’s transformation.
Posted: Jun 18, 2024
Ford Pro Insure is currently available in seven states.
Posted: Jun 18, 2024
Insurance Business Magazine - US
Posted: Jun 18, 2024
Overcoming the talent gap calls for innovative thinking and new strategies. The post Future-Proofing Insu...
Posted: Jun 18, 2024
U.S. Forecast: 65% Chance of La Nina Developing in July-Sept There is a 65 percent chance of the La Nina weather...
Posted: Jun 18, 2024
Lightning Caused $1.2B in U.S. Homeowners Claim Payouts in 2023: Triple-I Damage to U.S. homes...
Posted: Jun 18, 2024
How Everybody Wins in a Digitized Insurance Market Going Digital ClareCarroll1
Posted: Jun 18, 2024
“It’s interesting to observe how quickly you can identify a serious student in the industry. From the very beginning, their curiosity and eagerness to learn stand out. They ask thoughtful questions, seeking to understand the intricacies of the bus...
Posted: Jun 18, 2024
New Jersey Attorney General Matthew J. Platkin is charging a well-known New Jersey insurance executive and long-time Democratic political influencer with leading a criminal enterprise in the state for the past dozen years. George E. Norcross III, exe...
Posted: Jun 18, 2024
An Iowa woman was charged with one count of Insurance Fraud – Presenting False Information (Class D Felony), following an investigation by the Iowa Insurance Division’s Fraud Bureau. Amanda Manatt, age 35, of Marshalltown allegedly falsif...
Posted: Jun 18, 2024
There is a 65% chance of the La Nina weather pattern, characterized by cold temperatures in the Pacific Ocean, developing during July-September, a U.S. government forecaster said on Thursday. This shift from the current neutral phase between La Nina...
Posted: Jun 18, 2024
Members will receive a $500 discount on Prenuvo's whole-body scans.
Posted: Jun 18, 2024
This investment will fund the next phase in FINBOURNE’s commercial development.
Posted: Jun 18, 2024
The company currently anticipates that the acquisition will close in the second half of 2024.
Posted: Jun 18, 2024
Insurance Business Magazine - US
Posted: Jun 18, 2024
Insurance Business Magazine - US
Posted: Jun 18, 2024