All Posts
PAs often fill niche and specialized roles in insurance. For the professionals looking to stand out, continuing education can be a boon to their careers. The post
Posted: May 13, 2024
According to a new analysis by Bloomberg Intelligence, a sustainable margin recovery looks “increasingly challenging” for European insurers, with premiums needing to increase in real terms in order to prevent any erosion after a tripli...
Posted: May 13, 2024
Reinsurance broker Augment Risk has announced that Paul Corver, formerly of Randall & Quilter Investment Holdings (R&Q), will join the firm as an Advisor. Corver brings deep experience and insights in the reinsurance industry to the broker...
Posted: May 13, 2024
With losses due to floods in Rio Grande do Sul, Brazil, estimated at BRL 7.5 billion ($1.45 billion), AM Best has noted that the impact on most re/insurers will be contained as they retain smaller exposures and have exited volatile business lines....
Posted: May 13, 2024
Posted: May 13, 2024
Insurance Business Magazine - US
Posted: May 13, 2024
Posted: May 13, 2024
A European naval force detained six suspected pirates on Friday after they opened fire on an oil tanker traveling through the Gulf of Aden, officials said, likely part of a growing number of piracy attacks emanating from Somalia. The attack …
Posted: May 13, 2024
AXA XL Reinsurance, the property and casualty and specialty risk unit of global insurer AXA, has appointed Alfredo Salcedo as the Head of Latin America, Reinsurance, effective June 1st, 2024. Subsequently, AXA XL has announced that Michael Yeats w...
Posted: May 13, 2024
The season’s first major wildfires have spread to roughly 10,000 hectares (24,710 acres) across Western Canada on Sunday as authorities issued an evacuation order for a community in British Columbia and warned of poor air quality across provinc...
Posted: May 13, 2024
Aon’s latest weekly cat report, ending May 10, highlights ongoing severe weather across the United States, with predictions of significant economic losses in the billions, particularly affecting the Southern Convective States (SCS). From May...
Posted: May 13, 2024
Brookfield Reinsurance announces that its wholly-owned subsidiary, American Equity Investment Life Insurance Company (AEL), has been upgraded in its Insurer Financial Strength rating by S&P Global Ratings, advancing from ‘A-‘ to &#...
Posted: May 13, 2024
Arch Insurance’s UK Regional Division has announced the launch of its enhanced standalone terrorism insurance product for businesses across the UK regions, to be led by Jason Whiddett. The expanded terrorism insurance solution includes a ser...
Posted: May 13, 2024
LUBBOCK — A decayed utility pole that broke, causing power wires to fall on dry grass in the Texas Panhandle, sparked the state’s largest wildfire in history, a Texas House committee confirmed Wednesday. And other poorly maintained power equipm...
Posted: May 13, 2024
American Coastal Insurance Corporation, a property and casualty insurer, has reported net income for Q1 2024 of $23.6 million, or $0.48 per diluted share, compared to $267.3 million, or $6.14 per diluted share, for Q1 2023. This decrease in net in...
Posted: May 13, 2024
The risk models that helped drive one of the most lucrative bets of 2023 are increasingly being tested by smaller weather shocks fueled by climate change. Catastrophe bonds and other insurance-linked securities, which powered last year’s highes...
Posted: May 13, 2024
The U.S. Supreme Court on Thursday ruled in favor of a Miami music producer in a legal fight with Warner Music over a song by rapper Flo Rida, finding that there is no time limit for recovering monetary damages in …
Posted: May 13, 2024
The hacking group accused of disrupting casinos and hotels at MGM Resorts International last year is engaged in a new campaign targeting banks and insurance companies, according to cybersecurity researchers. The group, known as Scattered Spider, has...
Posted: May 13, 2024
The Florida Office of Insurance Regulation in recent weeks has fined five property and casualty insurers, including Heritage Property & Casualty Insurance Co., which was hit with a $1 million penalty for failing to properly handle hundreds of cla...
Posted: May 13, 2024
Maryland Gov. Wes Moore signed two measures into law on Thursday that are aimed at better protecting personal data online from Big Tech, including a bill making Maryland the second state to try to create strong limits on information collected …
Posted: May 13, 2024
Synthetik has announced the successful demonstration of Flowcore, its “Flood Data Collection and Analysis” platform designed for modelling flood scenarios and predicting resulting damages and financial/insurance losses. Flowcore integr...
Posted: May 13, 2024
The Catholic church is refusing to cooperate with a Washington state investigation into whether it unlawfully used charitable trust funds to cover up sexual abuse by priests, Attorney General Bob Ferguson said, asking a court to force the Seattle Arc...
Posted: May 13, 2024
Forecast temperatures in Washington this week are exapted to will trigger protections designed to prevent heat-related illness in agriculture, landscaping, construction, and other outdoor jobs. The forecasted temperatures above 90 degrees in Eastern...
Posted: May 13, 2024
Crest Insurance Group acquired trucking and transportation specialist Crossroads Insurance Services in Henderson, Nevada. The Henderson location will become the hub of the Crest’s trucking and transportation division and will provide the logist...
Posted: May 13, 2024
Pennsylvania will join the majority of states that ban motorists from handling a cell phone for almost any purpose while driving, as backers of the legislation hope to reduce distracted driving accidents and deaths after nearly two decades of pressin...
Posted: May 13, 2024
How to Provide Better Customer Service Agent & Broker ClareCarroll1
Posted: May 12, 2024
How AI Could Set Premiums in Real Time AI & Machine Learning ClareCarroll1
Posted: May 12, 2024
Best Practices for Cannabis Insurers in 2024 Commercial Lines ClareCarroll1
Posted: May 12, 2024
Top 10 Insurance Podcasts Emerging Technologies ClareCarroll1
Posted: May 12, 2024
Coverage is available for most industries and countries with highlights including comprehensive coverage, excess & quota share and specialty coverages.
Posted: May 12, 2024
Most recently National Practice Leader of Employee Benefits for McGriff Insurance Services, the industry veteran will report to divisional president Mike Estep.
Posted: May 12, 2024
While certain industries, such as health care, manufacturing and chemical industries, have the biggest environmental risk factors, every commercial insured has some form of a pollution exposure.
Posted: May 12, 2024
While companies have long focused on customer commentary, workforce signals can be an even more important indicator of risks within an organization.
Posted: May 12, 2024
Coverage is available for most industries and countries with highlights including comprehensive coverage, excess & quota share and specialty coverages.
Posted: May 12, 2024
The wave of post-pandemic lawsuits has prompted independent insurance agents to review their errors & omissions (E&O) coverage and risk mitigation strategies.
Posted: May 12, 2024
The wave of post-pandemic lawsuits has prompted independent insurance agents to review their errors & omissions (E&O) coverage and risk mitigation strategies.
Posted: May 12, 2024
Serving both major carriers and insurance industry vendors, Monitaur will use the Series A funding to accelerate growth and staffing across functions.
Posted: May 12, 2024
While certain industries, such as health care, manufacturing and chemical industries, have the biggest environmental risk factors, every commercial insured has some form of a pollution exposure.
Posted: May 12, 2024
What's Next for Embedded Insurance? Ecosystems ClareCarroll1
Posted: May 12, 2024
A New Chapter for Payments in Insurance Operational Efficiency ClareCarroll1
Posted: May 12, 2024
The NAIC’s national call for policy and claim is intended to help regulators address a growing crisis in property insurance, but some states are opting out of full participation in an effort to attract new capacity. The post
Posted: May 12, 2024
Here's our conversation with 2023 Private Client Power Broker Mike Summers, who was recently hired as strategic account executive with HUBPrivate Client group. The post
Posted: May 11, 2024
Credit and political risk is a highly technical class with high barriers to entry.
Posted: May 10, 2024
Insurers are applauding a move by California Gov. Gavin Newsom to try and expedite the insurance rate filing process. Newsom made the proposal while discussing the state’s budget. It was mentioned in a press conference to talk about the budget,...
Posted: May 10, 2024
Colorado ruling establishes that COVID-19 can be considered an occupational disease under certain circumstances The post
Posted: May 10, 2024
Insurance Business Magazine - US
Posted: May 10, 2024