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The landlord, the tenant and the general contractor mistakenly believe the contractor’s additional insured endorsements are triggered by the lease agreement between the landlord and tenant.
Posted: Jun 16, 2024
By understanding the ins and outs of an ERISA bond and what it protects against, independent agents can better position themselves to offer this important coverage.
Posted: Jun 16, 2024
Mubadala Proposal to Sell InsurTech Startup Wefox Opposed by Founders Mubadala Investment...
Posted: Jun 16, 2024
In 2022, Intact invested a total of $1 million in ten climate adaptation projects in communities across Canada.
Posted: Jun 15, 2024
Posted: Jun 14, 2024
Report: Corporate Risk Level Highest in 12 Years Economic volatility, geopolitical upheaval and art...
Posted: Jun 14, 2024
The latest people news in the industry today. The post Keith Scranton Appointed as Regiona...
Posted: Jun 14, 2024
The latest people news in the industry today. The post Zeb Holt to Succeed Peter Mullen as CEO of Artex Risk Solutions
Posted: Jun 14, 2024
Swiss Re's SONAR report on 13 emerging risks aims to help businesses and insurers prepare for potential threats. The post AI, Natural Catastrophes...
Posted: Jun 14, 2024
Brad J. Sickinger will continue to lead the company.
Posted: Jun 14, 2024
Insurance Business Magazine - US
Posted: Jun 14, 2024
Insurance Business Magazine - US
Posted: Jun 14, 2024
Krause Group, headquartered in Des Moines, Iowa, named Holly Westervelt to the newly created role of vice president of sales, a part of the leadership team for Krause Group’s expanding agency division, The Krause Agency. Westervelt joins Krause...
Posted: Jun 14, 2024
Posted: Jun 14, 2024
WTW: US Commercial Insurance Price Increases in Q1 ‘Steady’ at 6.3% Broker WTW said commercial lines insurance in...
Posted: Jun 14, 2024
Florida’s 2024 Hurricane Season Begins With Rain-Fueled Flooding Dangerous flooding from a tropical dis...
Posted: Jun 14, 2024
Just 32% of Hazard Prone Areas Have Adopted...
Posted: Jun 14, 2024
OKLAHOMA CITY (AP) — The Oklahoma Supreme Court on Wednesday dismissed a lawsuit by survivors of the 1921 Tulsa Race Massacre, dampening the hope of advocates for racial justice that the city would make financial amends for one of the …
Posted: Jun 14, 2024
At S&P Global Ratings’ 40th Annual North American Insurance Conference, industry experts discussed current trends and challenges, agreeing that while the insurance landscape has evolved over the past four decades, the industry has succes...
Posted: Jun 14, 2024
NEW ORLEANS (AP) — Officially reversing a controversial March ruling, Louisiana’s highest court Wednesday gave childhood victims of sexual abuse a renewed opportunity to file damage lawsuits. The state Supreme Court’s 5-2 ruling Wednesday...
Posted: Jun 14, 2024
WEST ALTON, Mo. (AP) — Devastating flooding, driven in part by climate change, is taking an especially damaging toll on communities that once thrived along the banks of America’s most storied river. Flooding has pushed people out of their homes...
Posted: Jun 14, 2024
The recent severe convective storms and flooding that have affected multiple countries in Central Europe since June 6 are expected to result in economic and insured losses amounting to hundreds of millions of EUR, according to Aon’s weekly catastr...
Posted: Jun 14, 2024
The latest people news in the industry today. The post Noel Pearman Appointed as Chief Underwriting Officer fo...
Posted: Jun 14, 2024
The latest people news in the industry today. The post Mary Boyd to Assume Role as CEO of Hiscox’s USA Business Unit
Posted: Jun 14, 2024
Florida’s governor Ron DeSantis’ 2024-2025 Focus on Florida’s Future budget invests millions in the Florida Office of Insurance Regulation’s (OIR) to bolster residential home mitigation programs in the state. The OIR has primary respon...
Posted: Jun 14, 2024
Property and auto-focused insurance group, Progressive, has reported significant, net catastrophe losses of $722.1 million for the month of May, leading the firm to record a reinsurance recoverable of $95.1 million in its property segment under it...
Posted: Jun 14, 2024
Wildfire Defense Systems is the largest provider in North America of Qualified Insurance Resource wildfire loss intervention services.
Posted: Jun 14, 2024
Insurance Business Magazine - US
Posted: Jun 14, 2024
The business also announced the appointment of Alexander Schnieders as global head of Capital & Advisory.
Posted: Jun 14, 2024
Reporting directly to President and CEO Matthew Freeman, she will focus on delivering service to State National’s business partners, helping them mitigate portfolio risk as they navigate the challenges of today’s technological and economic environmen...
Posted: Jun 14, 2024
A federal judge in New Jersey, in a blistering opinion, has refused to disqualify himself from a case involving his insurer, Liberty Mutual, and accused the insurer of seeking his recusal and attacking his integrity because it did not like …
Posted: Jun 14, 2024
Apple on Thursday was hit with a proposed class action accusing the tech giant of paying more than 12,000 female employees in California less than men with comparable jobs. The lawsuit filed in state court in San Francisco by two …
Posted: Jun 14, 2024
Global reinsurer, MS Reinsurance, has announced the appointment of Miguel Marin as the new Head of Data, effective immediately. Based out of Zurich, Germany, Marin will report to Chief Information and Data Officer, Benedikt Schmid, who commented:...
Posted: Jun 14, 2024
Attorneys general in 42 states said they finalized a $700 million settlement with Johnson & Johnson over the marketing of its talcum powder products. The settlement, announced in principle in January, resolves an investigation by the states and W...
Posted: Jun 14, 2024
Managing General Agents (MGAs), Managing General Underwriters (MGUs), and cover-holder groups have amassed approximately USD 23.9 billion in revenues worldwide in 2023, according to a recent report by industry analysis firm Insuramore. The bulk of...
Posted: Jun 14, 2024
The Clear Group, the London-based independent broker, announced it has acquired the book and assets of credit insurance broker Rycroft Associates LLP and its sister company and appointed representative, Inspire Credit Management Ltd., a delegated aut...
Posted: Jun 14, 2024
Davies, a provider of professional services and technology for insurance and regulated markets, has announced two senior leadership appointments and the rebranding of Afirm, known for its premium audit, loss control inspection, and risk mitigation...
Posted: Jun 14, 2024
Estimated insured losses in Germany from the Central Europe Floods will likely fall within the range of €2 billion to €3 billion (US$2.1 billion to US$3.2 billion), Moody’s RMS Event Response has stated. Heavy and persistent rainfall fell across c...
Posted: Jun 14, 2024