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Engaging with behavioral health factors that can delay recovery early on can be a boon for injured workers and their employers alike. The post
Posted: May 17, 2024
S&P Global Ratings anticipates the implementation of Solvency UK reforms, which align the European Economic Area-wide Solvency II insurance regulatory framework with the UK insurance market, to be largely completed by the end of 2024. The insu...
Posted: May 17, 2024
Houston, Texas has been hit by deadly storms that reportedly blew out windows in high-rise buildings, caused flash floods, and knocked out power to nearly a million homes and businesses. Four people have died following the storms, during which Hou...
Posted: May 17, 2024
Aon, a global insurance and reinsurance broker, has revealed that cyber attack/data breach ranks first among the top business risks confronting the financial institutions industry. This insight is derived from Aon’s 2023 Global Risk Management Sur...
Posted: May 17, 2024
Insurance broker Aon plc has developed a new insurance product designed for international transport and storage companies that are engaged in storing carbon dioxide for decarbonization projects across the globe. The new product is aimed at providing...
Posted: May 17, 2024
MDS Brazil, a subsidiary of Ardonagh-owned MDS Group and one of the country’s major brokers, announced it intends to acquire D’Or Consultoria, a health, dental, life insurance and pensions broker from Rede D’Or Sao Luiz. S.A. The tr...
Posted: May 17, 2024
French reinsurer SCOR has announced net income of €196 million for the first quarter of 2024 and a P&C re/insurance combined ratio of 87.1%, which includes a nat cat ratio of 7.2%, mainly impacted by the update of the market loss related to th...
Posted: May 17, 2024
Posted: May 17, 2024
Volkswagen and a group representing car owners in Italy have reached an agreement worth more than 50 million euros ($54 million) to end a legal battle over the “dieselgate” emissions scandal, they said on Wednesday. In the settlement, ove...
Posted: May 17, 2024
MDS Brazil, a subsidiary of Ardonagh-owned MDS Group, has revealed it intends to acquire D’Or Consultoria, a health, dental, life insurance, and pensions broker from Rede D’Or Sao Luiz. S.A. (Rede D’Or). The transaction, which has a consider...
Posted: May 17, 2024
A recent insurance survey released by global investment firm KKR has highlighted a sharp recovery in allocations to investment-grade fixed income as rates rebounded over the past three years, as well as considerable resilience for nontraditional i...
Posted: May 17, 2024
More than half of the oil sands production from Canada could be impacted if the wildfires in Alberta and British Columbia worsen, Rystad Energy said in a report on Thursday. WHY IT’S IMPORTANT Canada is one of the biggest oil …
Posted: May 17, 2024
Global credit ratings agency AM Best has revised its outlook on Spain’s non-life insurance segment from negative to stable, driven by segment growth supported by economic development and resilient profitability on the back of premium rate in...
Posted: May 17, 2024
Firefighters gained control of one wildfire near the main oil-sands region of Alberta on Wednesday, but continued to battle a much larger blaze to the south that’s threatening the area’s biggest city. The fire just north of Fort McMurray,...
Posted: May 17, 2024
Lloyd’s of London has recently issued an updated Market Bulletin to offer clearer guidance on cyber war wordings, aiming to prevent disputes over policy coverage. In August 2022, Lloyd’s released Market Bulletin Y5381, outlining requirements for e...
Posted: May 17, 2024
Marsh McLennan Agency, headquartered in New York, appointed Anne Rappa to the newly created position of fine arts and specie leader effective May 20. Based in New York, Rappa will work with teams in the U.S. and London to deliver …
Posted: May 17, 2024
Wikifri, an insurance consulting firm and provider of the Insurance Daylight Data Solution, is collaborating and supporting Trium Cyber US Services, Inc., a US-domiciled Lloyd’s coverholder and underwriter, in expanding their insurance offerings t...
Posted: May 17, 2024
Shoppers in the U.S. aren’t ready to accept higher auto insurance rates, choosing to shop around for the best deal and coverage, a new report finds. U.S. consumer auto insurance shopping activity registered as “Hot” on the LexisNexi...
Posted: May 17, 2024
Sony Music Group, one of the world’s biggest record labels, warned artificial intelligence companies and music streaming platforms not to use the company’s content without explicit permission. Sony Music, whose artists include Lil Nas X a...
Posted: May 17, 2024
Multiple computer models from forecasting organizations across the globe have predicted a very active hurricane season starting next month, spelling trouble for Florida and much of the Eastern United States. The models aren’t wrong, said Phil K...
Posted: May 17, 2024
Two Washington companies face a combined $650,000 in fines for violations in connection with a worker who died from asphyxiation after entering an apple storage facility where the oxygen had been removed from the air. The incident on Oct. 1, …
Posted: May 17, 2024
A group of Atlantic City casino workers asked a judge Monday to ban smoking in the gambling halls, citing the toxic effects of working in a “poisonous” atmosphere, while the state said ending smoking could jeopardize a half-billion-dollar...
Posted: May 17, 2024
The nonprofit CyberTrust Massachusetts recently launched cyber assessment and monitoring services to help cities and towns in the state address the trend of escalating cyber attacks, ransomware, infrastructure disruption and data breaches. The launch...
Posted: May 17, 2024
HSB Canada, a multi-line specialty insurer and part of the global reinsurance giant Munich Re, has introduced a new coverage, Employment Practices Liability Insurance with the aim to help small businesses respond to claims arising from employment-...
Posted: May 17, 2024
The judge who oversaw a landmark trial about New Hampshire’s youth detention center has refused to discard the $38 million verdict, saying the facility’s leadership “either knew and didn’t care or didn’t care to learn th...
Posted: May 17, 2024
Former NFL coach Jon Gruden lost a Nevada Supreme Court ruling in a contract interference and conspiracy lawsuit he filed against the league after he resigned from the Las Vegas Raiders in 2021, but his lawyer said he will appeal. …
Posted: May 17, 2024
Alliant Private Client Names Rison SVP Julie Rison has joined Alliant Insurance Services, headquartered in Irvine, California, as senior vice president, Alliant Private Client. Based in Virginia, Rison will identify and pursue opportunities within th...
Posted: May 17, 2024
The electrical blackouts experienced by the container ship Dali before it left Baltimore’s port were “mechanically distinct from” those that resulted in the deadly collapse of the Francis Scott Key Bridge hours later, according to c...
Posted: May 17, 2024
An investigation began after an employee was found dead in a company owned semi-truck led to the arraignment of a California man on three felony counts of workers’ compensation fraud. Heigo Kubar, 84, of Fresno, was arraigned this week on ̷...
Posted: May 17, 2024
High Court: E-Scooter Rider Hit by Car Not Pedestrian, No PIP Benefits A man injured when he was hit by a car whi...
Posted: May 16, 2024
FTC Noncompete Agreement Ban May Not Survive Courts but Some States Could Adopt The Federal Trade Commissio...
Posted: May 16, 2024
IRC: Home Insurance Spend Tops Household Income Growth According to the Insurance Research Council (IRC), t...
Posted: May 16, 2024
Swiss Re to Withdraw From Digital Insurer iptiQ, Reports Q1 Net Income of $1.1B Swiss Re announced p...
Posted: May 16, 2024
The tailored, expert-backed coverage is designed to safeguard consultants against unique industry threats, saving time and effort in the coverage process.
Posted: May 16, 2024
This partnership can cut issuance and renewal time by up to 75 percent, achieving long-term client retention through the innovative use of AI and advanced technological capabilities.
Posted: May 16, 2024
The Port of Spain-based carrier has implemented Sapiens’ Insurance platform on Microsoft Azure cloud to enable rapid launch of products and accelerate market expansion.
Posted: May 16, 2024
How do dual files impact agency errors & omissions?
Posted: May 16, 2024
Exxon Is Hit With $726M Verdict Over Benzene and Cancer A jury in Philadelphia found Exxon Mo...
Posted: May 16, 2024
An Interview with Gaby Dominguez Agent & Broker sradomski
Posted: May 16, 2024
The structure of the deal provides AGI with a 40% interest in the company upon closing.
Posted: May 16, 2024
Hallandale, FL — May 16, 2024 London Underwriters, a leading provider of innovative insurance solutions, proudly announces their relaunching of AUGold, a game-changing program backed by Atrium Syndicate at Lloyd’s...
Posted: May 16, 2024
The Galleri test will initially be available to select SBLI BOLI policyholders.
Posted: May 16, 2024
OpenRoad is led by CEO Richard Hutchinson.
Posted: May 16, 2024