All Posts
Insurance Business Magazine - US
Posted: Jun 18, 2024
Insurance Business Magazine - US
Posted: Jun 18, 2024
California Politics Muddy Retail Theft Solutions With retail theft increasing, California Democratic leadership...
Posted: Jun 18, 2024
Insurance Business Magazine - US
Posted: Jun 18, 2024
Posted: Jun 18, 2024
Hong Kong Export Credit Insurance Corporation (HKECIC) has introduced a new trade credit insurance solution based on SCOR’s alternative data underwriting engine, SCOR Smart Credit, aimed at supporting cross-border e-commerce trade. This new...
Posted: Jun 18, 2024
A growing number of America’s biggest companies are revising diversity metrics for executive pay, a possible sign that conservative-led attacks on DEI are weighing more heavily on corporate culture. A review of about 1,200 companies found that...
Posted: Jun 18, 2024
AM Best announced it has downgraded the Financial Strength Rating to B++ (Good) from A- (Excellent) and the Long-Term Issuer Credit Rating to “bbb” (Good) from “a-” (Excellent) of Louisiana Farm Bureau Mutual Insurance Company...
Posted: Jun 18, 2024
HOUSTON (AP) — Houston leaders have agreed to a bond deal that could cost the city’s taxpayers more than $1 billion to cover years of back pay owed to firefighters. Firefighters in the nation’s fourth-largest city have worked without a &#...
Posted: Jun 18, 2024
Canopius, a global specialty and P&C (re)insurer, has announced the appointment of Mark Houghton to the newly created role of Global Product Leader, Specialty. Starting in October, Houghton will oversee the governance, performance, and standar...
Posted: Jun 18, 2024
CLEVELAND (AP) — Former Cleveland Browns quarterback Bernie Kosar has sued a digital media company over his firing as a pregame radio host for placing a bet on a sportsbook app when Ohio legalized gambling last year. According to court …
Posted: Jun 18, 2024
The Insurance Council of Australia (ICA), the representative body for the Australian insurance industry, praised the New South Wales (NSW) Government’s 2024-25 budget for its significant resilience funding, aimed at improving community prote...
Posted: Jun 18, 2024
Younger Customers Want a “Big Tech” Customer Experience From Our Partners sradomski
Posted: Jun 18, 2024
Lloyd’s Europe has announced the appointment of Diana Santin as the new General Representative for Italy, pending regulatory approval. According to the announcement, Nicoletta Andreotti, who has been serving as General Representative ad interim, w...
Posted: Jun 18, 2024
Vantage Group Chairman and Former Arch CEO Iordanou Dies Constantine "Dinos...
Posted: Jun 18, 2024
Specialist carbon insurance company, Kita, and UK-based carbon standard, Wilder Carbon, have announced a “first ever” insurance policy for a buffer pool, with capacity provided by specialist (re)insurer, Chaucer. According to Wilder Ca...
Posted: Jun 18, 2024
Alliant Insurance Services, known as one of the larger U.S. insurance distribution companies, has named Kevin Wintermute executive vice president of its employee benefits group, based in Charlotte, North Carolina. Wintermute has 28 years in the busin...
Posted: Jun 18, 2024
Alliant Insurance Services, known as one of the larger U.S. insurance distribution companies, has named Kevin Wintermute executive vice president of its employee benefits group, based in Charlotte, North Carolina. Wintermute has 28 years in the busin...
Posted: Jun 18, 2024
Residents of a New Mexico town were ordered to flee their homes on Monday due to a fast-moving wildfire. The town of Ruidoso, with roughly 7,000 residents, was ordered to immediately evacuate from the South Fork and Salt fires. “An …
Posted: Jun 18, 2024
The Travelers Companies is marking its record 18th year as title sponsor of its Professional Golf Association (PGA) Tour event at TPC River Highlands in Cromwell, Connecticut. The 2024 Travelers Championship tournament is a PGA Tour Signature Event a...
Posted: Jun 18, 2024
A fire at country music star Carrie Underwood’s Nashville-area home was limited to the garage, thanks in part to a 10,000-gallon water tank on the property. USA Today and local news outlets reported that an all-terrain vehicle sparked a fire &#...
Posted: Jun 18, 2024
A fire at country music star Carrie Underwood’s Nashville-area home was limited to the garage, thanks in part to a 10,000-gallon water tank on the property. USA Today and local news outlets reported that an all-terrain vehicle sparked a fire &#...
Posted: Jun 18, 2024
US insurance brokerage TIH has appointed Chris Grady as Executive Vice President and Head of Strategy and Corporate Development, effective June 17. An experienced executive in the insurance industry with a strong track record in strategic planning...
Posted: Jun 18, 2024
Zurich Insurance Group agreed to sell its iconic office building in downtown Madrid to a Spanish investment fund for about €100 million ($107 million), underscoring the robust demand for real estate in the city. Investment firm Besant Capital has mad...
Posted: Jun 18, 2024
Specialty risk insurance managing general agent ANV Global Services, Inc. said it has launched its transactional risk insurance (TRI) program in the United States. The new ANV unit will be led by Colin Addy and Greg Conroy, who previously held …...
Posted: Jun 18, 2024
Specialty risk insurance managing general agent ANV Global Services, Inc. said it has launched its transactional risk insurance (TRI) program in the United States. The new ANV unit will be led by Colin Addy and Greg Conroy, who previously held …...
Posted: Jun 18, 2024
Aon, a global insurance and reinsurance broking group, has released its latest capital poll, highlighting the capital challenges and growth prospects for insurers. The challenges faced in 2023 significantly reduced the financial buffers that many...
Posted: Jun 18, 2024
Fisker filed for bankruptcy protection late on Monday, as the U.S. electric-vehicle maker looks to salvage its operations by selling assets and restructuring its debt after burning through cash in an attempt to ramp up production of its Ocean SUVs. &...
Posted: Jun 18, 2024
SanlamAllianz, a Pan-African non-banking financial services company formed jointly by Sanlam and Allianz, has recently appointed Nakesh Dussee as Facultative Reinsurance Underwriter, Property & Engineering for the Francophone market. Vashish R...
Posted: Jun 18, 2024
Chrysler parent Stellantis is recalling 1.16 million vehicles in North America over a problem with software that is preventing rear view cameras from displaying, raising the risk of a crash, the automaker said Tuesday. The over-the-air software updat...
Posted: Jun 18, 2024
Constantine “Dinos” Iordanou, the chairman of Vantage Group Holdings and former chairman and chief executive officer of Arch Capital Group Ltd. has died. Described as “an industry legend,” as well as “a remarkable busine...
Posted: Jun 18, 2024
Thousands of low-income women based in India are receiving assistance to deal with the economic and health effects of the extreme heat temperatures that are currently gripping the country. From what we understand, extreme heat temperatures in Indi...
Posted: Jun 18, 2024
Insurance Business Magazine - US
Posted: Jun 18, 2024
Consilium, the global speciality re/insurance broking business of the Aventum Group, has entered the Credit and Political Risk insurance market, adding a “much needed choice” at a time when its clients face heightened political and economic uncert...
Posted: Jun 18, 2024
Fitch Ratings, a financial analysis firm operating out of Frankfurt and London, recently announced a notable change in its evaluation of the German non-life insurance sector. The outlook has been elevated from ‘neutral’ to ‘impro...
Posted: Jun 18, 2024
Global insurance and reinsurance broker Aon, has launched a new platform to help motor fleet operators understand where risk is within their fleet. The new platform, which is called Fleet Risk Intelligence, aims to reduce accidents, improve operat...
Posted: Jun 18, 2024
“I found that there was often a lack of alignment between IT initiatives and those of the business. IT lived in its own silo, which could hinder objectives for the rest of the business and prevented us from realizing all the innovations we wanted...
Posted: Jun 18, 2024
Barcelona-headquartered specialty risks managing general agent (MGA) ANV Global Services, Inc. has launched its Transactional Risk Insurance (TRI) program in the United States. Colin Addy and Greg Conroy will lead the program as Co-Heads of ANV US...
Posted: Jun 18, 2024
Asian Reinsurance Corporation (Asian Re), a regional non-life reinsurer, has reported a substantial 76% rise in net profit to USD 3.21 million for the fiscal year 2023, marking a significant milestone in its financial performance. Underwriting and...
Posted: Jun 18, 2024
Convenience foods manufacturer Greencore Group is recalling a variety of products because of concerns over possible contamination with E. coli. The recall involves various sandwiches, wraps and salads sold at major retailers including Aldi, Asda, Boo...
Posted: Jun 18, 2024
Tropical storm watches have been posted along the Texas and Mexican coasts as a low-pressure system gathers strength in Bay of Campeche at the southern end of the Gulf of Mexico and threatens heavy rain across Central America, the US …
Posted: Jun 18, 2024
GRiP has partnered with JBA Risk Management to offer customers access to the latest flood risk intelligence across Africa. This collaboration will provide insurers using GRiP’s platform with valuable flood risk insights to enhance their unde...
Posted: Jun 18, 2024
“The formula for retaining talent is simple but effective. First, seek out exceptional individuals who want to be part of a transformative, employee-first culture. While clients are undeniably important, attracting world-class people is the key to...
Posted: Jun 18, 2024