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GCN is part of Warner Bros. Discovery-owned Play Sports Network.
Posted: May 10, 2024
A.M. Best: Social Inflation Key Factor in Rise of Loss Severity Loss severity for many U.S. casual...
Posted: May 10, 2024
MADISON, Wis. (AP) — A pair of Wisconsin wedding barns sued the state Tuesday seeking to block enactment of a new law that requires them to get liquor licenses similar to other establishments that host events. Owners and operators of …
Posted: May 10, 2024
Inszone Insurance Services announced its 15th acquisition in the state of Texas with the successful integration of Brazos Valley Insurance Agency. The move further solidifies Inszone’s commitment to enhancing its presence in the Texas market an...
Posted: May 10, 2024
Assured Guaranty has announced its financial results for the first quarter of 2024, reporting an increased net income of $109 million compared to the $81 million reported in the same period the year prior. Adjusted operating income was also up, to...
Posted: May 10, 2024
Insurance Business Magazine - US
Posted: May 10, 2024
Insurance Business Magazine - US
Posted: May 10, 2024
Concurrently, Interboro and SageSure entered into a program administrator agreement and a claims services agreement.
Posted: May 10, 2024
Insurance Business Magazine - US
Posted: May 10, 2024
The new offering includes a dedicated product, with core coverage of professional liability, plus enhancements.
Posted: May 10, 2024
Insurance Business Magazine - US
Posted: May 10, 2024
The Israeli company provides AI-powered, point of care ultrasound diagnostic solution.
Posted: May 10, 2024
FBI Focused on Nabbing Scattered Spider Hackers T...
Posted: May 10, 2024
The new program can be used for any losses associated with flooding.
Posted: May 10, 2024
Insurance Business Magazine - US
Posted: May 10, 2024
Survey...
Posted: May 10, 2024
The transaction brings 26North's total assets under management to $22 billion.
Posted: May 10, 2024
Fusion Specialty, a managing general agent (MGA) platform within Pop Group Holdings (POP), is expanding its UK underwriting capabilities with the appointments of Alexander Mackay and Tom Hopkins to its Mergers and Acquisitions (M&A) London tea...
Posted: May 10, 2024
Maiden Holdings Ltd., has posted its results for the first quarter of 2024, which includes a net income of $1.5 million, compared to a net loss of $11.3 million from the prior year period. According to the firm, this improvement was due to higher...
Posted: May 10, 2024
Insurtech, Cover Whale Insurance Solutions, Inc., has bolstered its senior leadership team with two new hires, as Barninder Khurana joins the firm as Chief Product Officer and Bill Hart assumes the role of Chief Architect. Khurana takes on the rol...
Posted: May 10, 2024
F&G Annuities & Life, Inc., the provider of insurance solutions serving retail annuity and life customers and institutional clients, has reached over $5 billion in cumulative sales of pension risk transfer (PRT) transactions, since the cha...
Posted: May 10, 2024
Posted: May 10, 2024
TAMPA, Fla. (AP) — HCI Group Inc. (HCI) on Wednesday reported first-quarter profit of $47.6 million, which follows a $38 million profit for Q4 2023. The Tampa-based company said it had profit of $3.81 per share. Earnings, adjusted for non-recurring &...
Posted: May 10, 2024
Australian insurer QBE continued to report growth in gross written premium in Q1 2024, up 2% on the prior corresponding period on both a reported and constant currency basis. The firm has also disclosed that group-wide, there were renewal rate inc...
Posted: May 10, 2024
The United Kingdom Maritime Trade Operations (UKMTO) organization said on Friday it had received a report of a failed hijacking attempt of a vessel 195 nautical miles east of Yemen’s Aden. The vessel’s master reported being approached by...
Posted: May 10, 2024
American Coastal Insurance Corporation has secured more than 90% of the total reinsurance limit it’s seeking for its June 1st renewal, as the firm looks to increase the total open market limit by around $265 million for the 2024 hurricane se...
Posted: May 10, 2024
This edition of International People Moves details appointments at Aon’s Capital Advisory function and BMS Re. A summary of these new hires follows here. Aon Names Allen as Executive Managing Director of Capital Advisory Insurance broker Aon pl...
Posted: May 10, 2024
Mosaic Insurance is now offering customised professional liability protection for specialist engineers, offering $15 million in targeted primary coverage for unique risks. According to the announcement, the new form offers a dedicated product, wit...
Posted: May 10, 2024
The body of the last missing construction worker killed in the collapse of Baltimore’s Francis Scott Key Bridge in March has been recovered, officials announced Tuesday as demolition crews prepared to use explosives in the ongoing cleanup effor...
Posted: May 10, 2024
Mercury Insurance is leading an initiative to ensure insurance access and coverage continuity for numerous California consumers. Through close collaboration, Tokio Marine (TMA) and Mercury have devised a strategy to seamlessly transfer TMA and its...
Posted: May 10, 2024
Insurance Business Magazine - US
Posted: May 10, 2024
Insurance Business Magazine - US
Posted: May 10, 2024
Insurance Business Magazine - US
Posted: May 10, 2024
A captain in New York City’s Department of Correction suffered burns and smoke inhalation when her body camera suddenly caught fire, prompting the department to stop using the equipment pending an investigation. The captain was on duty at the R...
Posted: May 10, 2024
Florida’s property insurance sector, grappling with prolonged challenges from legal system manipulation and fraudulent claims, is witnessing a turnaround as the 2024 Atlantic hurricane season approaches, as outlined in a recent report by the...
Posted: May 10, 2024
Mosaic Insurance, the Bermuda-based specialty insurer, has launched a suite of professional liability products for specialist engineers, offering $15 million in targeted primary coverage for unique risks. The new form offers a dedicated product, with...
Posted: May 10, 2024
AM Best has revised the outlooks to positive for Fairfax Financial Holdings, its subsidiaries, and Allied World, reflecting the improved earnings profile of the consolidated group. The rating agency noted that Fairfax deployed significant cash int...
Posted: May 10, 2024
Google parent Alphabet has urged a London tribunal to block a mass lawsuit which accuses it of abusing its dominance in the online advertising market, in the latest case to focus on the search giant’s business practices. The lawsuit seeks ̷...
Posted: May 10, 2024
Google parent Alphabet has urged a London tribunal to block a mass lawsuit which accuses it of abusing its dominance in the online advertising market, in the latest case to focus on the search giant’s business practices. The lawsuit seeks ̷...
Posted: May 10, 2024
Oxbridge Re, the Cayman Islands-based reinsurance company, has disclosed a Q1 2024 net loss of $905,000 compared to a net income of $142,000 in Q1 2023. According to the firm, the decrease is primarily due to the negative change in the fair value...
Posted: May 10, 2024
Global insurance and reinsurance brokerage Aon has unveiled an update to its Pricing Platform, that is set to bring “enhanced visualisation and automation capabilities to re/insurance underwriters.” It has also been confirmed, that the...
Posted: May 10, 2024
CRC Group, a North American wholesale specialty insurance distributor, has announced the appointment of two new underwriting team leaders, Lance Lee and Andrew Weinberg. Lee, who has almost a decade of industry experience, is joining the company’s...
Posted: May 10, 2024