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Santa Barbara Systems, a General Dynamics subsidiary in Spain that is refurbishing Leopard tanks for delivery to Ukraine, suffered a cyberattack on its website, a pro-Russia hacker group said. A spokesperson for General Dynamics confirmed that the de...
Posted: Jun 07, 2024
As part of the recently announced insurance underwriting operations reorganization in the Americas, which aligned its three business segments under Large Commercial, Mid-Market and Professional, AXA XL, the property & casualty (P&C) and sp...
Posted: Jun 07, 2024
A panel of the 5th Circuit Court of Appeals ruled this week that a Louisiana statute voids the formation of an arbitration clause in a surplus lines insurance contract. In its opinion, the appellate court reasoned that the general principles …
Posted: Jun 07, 2024
Liability Reinsurance Crisis Could Be Looming,...
Posted: Jun 07, 2024
Insurance Business Magazine - US
Posted: Jun 07, 2024
Posted: Jun 07, 2024
Global reinsurance broker Gallagher Re has appointed April Engelman as its Chief Operating Officer (COO) for the North American region, effective immediately. She replaces Mark Hansen, who was recently promoted to Gallagher Re’s Chief Operat...
Posted: Jun 07, 2024
Global insurers plan to invest further in the coming years in the growing but opaque private credit market, according to a new report by Moody’s Ratings. In a survey this week of the world’s largest insurers, Moody’s found that near...
Posted: Jun 07, 2024
Vienna Insurance Group (VIG) has launched a comprehensive Cyber Defence Center programme (CDC) to enhance protection against the growing threat of cyberattacks. This initiative receives financial support from the European Union through the Europea...
Posted: Jun 07, 2024
A legal battle between insurers and aircraft leasing companies over jets stuck in Ukraine should be heard in Ukraine rather than London, the High Court in London ruled on Thursday. Aircraft lessors, including Ireland’s AerCap, are pursuing insu...
Posted: Jun 07, 2024
Howden, the global insurance intermediary group, has selected software provider AutoRek to boost the efficiency of key back-office processes through intelligent automation. According to the announcement, this new partnership is anticipated to help...
Posted: Jun 07, 2024
Euclid Transactional, a managing general agent (MGA) specialising in transactional insurance underwriting and claims handling, has announced that CNA has joined its North American transactional insurance program. CNA has been part of Euclid Transa...
Posted: Jun 07, 2024
A new report shows a jump in total loss frequency for both electric and newer internal combustion engine automobiles. Mitchell this week released its Q1 2024 trends report: Plugged-In: EV Collision Insights. The report shows EV total loss frequency h...
Posted: Jun 07, 2024
Continuity, a “pioneer” in leveraging artificial intelligence and external data for professional and commercial P&C insurers, has raised €10 million Series A funding round to boost enterprise insurance with artificial intelligence-driven risk...
Posted: Jun 07, 2024
A new study on adoption of behaviors that reduce personal carbon emissions in 37 countries and territories classified as “high-emissions” shows that daily household behaviors are far more common than higher-cost, infrequent behaviors. Low...
Posted: Jun 07, 2024
A new study on adoption of behaviors that reduce personal carbon emissions in 37 countries and territories classified as “high-emissions” shows that daily household behaviors are far more common than higher-cost, infrequent behaviors. Low...
Posted: Jun 07, 2024
PLYMOUTH, Conn. (AP) — A student pilot was attempting a solo cross-country flight before crashing into a Connecticut campground, according to a federal aviation report released Tuesday. The 1968, fixed-wing, single-engine Cessna 172 aircraft had R...
Posted: Jun 07, 2024
Environmental groups took the first step to sue the owner of an oil refinery near Denver for years of pollution violations, saying that state regulators haven’t done enough to hold the owner accountable. The refinery owned by Suncor Energy sits...
Posted: Jun 07, 2024
Environmental groups took the first step to sue the owner of an oil refinery near Denver for years of pollution violations, saying that state regulators haven’t done enough to hold the owner accountable. The refinery owned by Suncor Energy sits...
Posted: Jun 07, 2024
Former Manhattan prosecutor Linda Fairstein and Netflix announced Tuesday they’ve settled the defamation lawsuit she filed four years ago over her portrayal in the streaming service’s miniseries about the five Black and Latino teenagers k...
Posted: Jun 07, 2024
Insurance brokerage Lockton has appointed Paul Jones as the leader of Parametric Solutions for the UK & Europe in its Property & Casualty (P&C) Specialties division. Jones commented: “I am thrilled to be joining Lockton to develop its...
Posted: Jun 07, 2024
A California city has been awarded a grant to study insurance protections from sea level rise. The City of Imperial Beach received an $848,000 grant to develop flooding adaptation strategies to help prepare residents for coastal flooding expected to...
Posted: Jun 07, 2024
A California city has been awarded a grant to study insurance protections from sea level rise. The City of Imperial Beach received an $848,000 grant to develop flooding adaptation strategies to help prepare residents for coastal flooding expected to...
Posted: Jun 07, 2024
State agencies in Maryland will be required to submit a plan to help address climate change and reduce greenhouse gas emissions, under an executive order signed by Gov. Wes Moore on Tuesday. The plan calls for all state agencies to …
Posted: Jun 07, 2024
Emerald Bay Risk Solutions and Arrowhead General Insurance Agency Inc. have launched a commercial earthquake facility that provides difference in conditions insurance policies for medium to large businesses. Arrowhead EQ DIC will primarily target bus...
Posted: Jun 07, 2024
New York lawmakers on Tuesday said they were finalizing legislation that would allow parents to block their children from getting social media posts curated by a platform’s algorithm, a move to rein in feeds that critics argue keep young users...
Posted: Jun 07, 2024
LIVONIA, Mich. (AP) — A tornado killed a 2-year-old boy and injured his mother Wednesday when a tree fell on their house in suburban Detroit, while emergency workers in Maryland were responding to reports of collapsed structures with people trapped &...
Posted: Jun 06, 2024
LIVONIA, Mich. (AP) — A tornado killed a 2-year-old boy and injured his mother Wednesday when a tree fell on their house in suburban Detroit, while emergency workers in Maryland were responding to reports of collapsed structures with people trapped &...
Posted: Jun 06, 2024
Lee, who is Group Chief Eecutive and President of AIA, succeeds outgoing Chairman Christian Mumenthaler, CEO of Swiss Re.
Posted: Jun 06, 2024
Chubb is introducing a new insurance program called Blink Renters Protection.
Posted: Jun 06, 2024
The startup will use the funding to continue to develop its technology.
Posted: Jun 06, 2024
The Latest Launches from Liberty Mutual, Corvus Liberty Mutual launched an or...
Posted: Jun 06, 2024
Invest in Automation Today, for AI Tomorrow sradomski Thu, 06/06/2024 - 15:23 ...
Posted: Jun 06, 2024
New Report Shows Increase in Child Deaths Due to Drowning Safety agency calls for increased...
Posted: Jun 06, 2024
Posted: Jun 06, 2024
Insurance Business Magazine - US
Posted: Jun 06, 2024
Insurance Business Magazine - US
Posted: Jun 06, 2024