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Progressive Insurance isn’t just growing the number of policies it writes but aims to hire thousands to support several years of year-over-year growth, according to a media statement published in late April. “Progressive Insurance Continu...
Posted: Apr 30, 2024
Nearly all new passenger cars and trucks sold in the United States will be required to have automatic emergency braking systems by September 2029, the National Highway Traffic Safety Administration (NHTSA) said on Monday, saying that the rule will sa...
Posted: Apr 30, 2024
Vale, BHP and their joint venture Samarco have presented Brazilian authorities with a settlement proposal related to reparations for the 2015 Mariana tailings dam burst, but local prosecutors still want them to bump up their offer. The proposal, the...
Posted: Apr 30, 2024
Current and former leaders with Florida property insurers have had some strong reactions to state regulators’ recent efforts to oust company executives who previously helmed now-insolvent carriers. Some have called the unprecedented regulatory...
Posted: Apr 30, 2024
Australian insurer QBE Insurance Group Limited has appointed Nicola Schroder as the new Group Head of Sustainability, effective immediately. In this role, Schroder’s remit will include continuing to drive QBE’s Sustainability Strategy across...
Posted: Apr 30, 2024
A Group of Seven-imposed cap on the price of Russia oil is becoming increasingly unenforceable, an organization at the heart of the global insurance industry said, offering one of the most direct criticisms yet of measures that were meant to …
Posted: Apr 30, 2024
Concerns about hazing have prompted the University of Virginia to terminate one local fraternity and suspend three others on its Charlottesville campus, the school said Wednesday. The university said in a statement that the Pi Kappa Alpha chapter had...
Posted: Apr 30, 2024
Inszone Insurance Services acquired Van Oppen & Co. 2 in Wyoming. Founded in 2008 by Rick van Oppen, the firm has specialized in serving the needs of the architectural, engineering and environmental sectors. Sacramento, California-based Inszone i...
Posted: Apr 30, 2024
State Street Corp. and the artist it commissioned to create Wall Street’s sculpture have settled a 2019 lawsuit on the eve of trial. The bank, which commissioned the artwork, was set to square off against the sculptor, Kristen Visbal, in …...
Posted: Apr 30, 2024
Capitola Insurance in California has completed its rebranding to Flow Specialty and the specialty wholesaler has added new leadership. David Derigiotis has been named president of brokerage and head of insurance. Derigiotis has 20 years of specialty...
Posted: Apr 30, 2024
A long-running sandstorm at the Jersey Shore could soon come to an end as New Jersey will carry out an emergency beach replenishment project at one of the state’s most badly eroded beaches. North Wildwood and the state have been …
Posted: Apr 30, 2024
The Federal Trade Commission is sending more than $5.6 million in refunds to consumers as part of a settlement with Amazon-owned Ring, which was charged with failing to protect private video footage from outside access. In a 2023 complaint, the ̷...
Posted: Apr 30, 2024
The implementation of an annual wellness-fitness program can improve firefighter fitness and ultimately help save lives. The post
Posted: Apr 29, 2024
Report: Cybercrime ‘A Thriving Business’ as U.S. Claims Frequency Ri...
Posted: Apr 29, 2024
‘Buffett Got It Wrong’ on California Fire Risk: PG&E CEO Warren Buffett's warning that wildfires have turned u...
Posted: Apr 29, 2024
What the NFL Draft Can Teach Us PaulCarroll Mon, 04/29/2024 - 19:46 As soon as the NFL dra...
Posted: Apr 29, 2024
RiskRighter is a provider of underwriting services to insurance carriers, distribution agencies and other organizations in the life insurance industry.
Posted: Apr 29, 2024
The startup will use the new capital to expand into new areas.
Posted: Apr 29, 2024
Auto policies are issued by The American Road Insurance Company, a Ford subsidiary.
Posted: Apr 29, 2024
Cybersecurity firm CYE finds that 80% of insured companies lack sufficient coverage to cover the cost of data breaches. The post Cybe...
Posted: Apr 29, 2024
Insurance Business Magazine - US
Posted: Apr 29, 2024
Insurance Business Magazine - US
Posted: Apr 29, 2024
The proposed transaction would be subject to obtaining the required regulatory approvals and would be expected to complete by Q1 2025.
Posted: Apr 29, 2024
Barronton most recently served as Automobile and International Product Line leader for USAA.
Posted: Apr 29, 2024
Smith Joins Alliant Insurance Services as Specialty Lending Practice EVP Alliant Insurance Services, headquartered in Irvine, California, named Michael R. Smith as executive vice president, Alliant Specialty, in the firm’s Financial Institution...
Posted: Apr 29, 2024
MINNEAPOLIS (AP) — The Minneapolis City Council has agreed to pay a $150,000 settlement to an eyewitness who tried to intervene to prevent George Floyd’s murder and who says he suffers from post-traumatic stress disorder as a result. Donald Wil...
Posted: Apr 29, 2024
Florida’s governor has signed two bills that will provide more matching grants for homeowners and condominium associations to fortify properties against the growing threat of windstorms. Senate Bill 7028 will send an additional $200 million to...
Posted: Apr 29, 2024
French reinsurer SCOR has appointed Claire McDonald as Chief Executive Officer (CEO) of SCOR Business Solutions (SBS), the firm’s large corporate risks insurance unit which was previously known as SCOR Specialty Insurance. Effective Septembe...
Posted: Apr 29, 2024
Posted: Apr 29, 2024
During the Q1 2024 earnings call, W. Robert Berkley, Jr., President and CEO of W. R. Berkley Corporation, notes that despite property cat reaching peak prices, there remains profit potential, particularly in the reinsurance property sector. Berkle...
Posted: Apr 29, 2024
Home products retailer Williams-Sonoma will have to pay almost $3.2 million for violating a Federal Trade Commission “Made in USA” order. Williams-Sonoma was charged with advertising multiple products as being “Made in USA” wh...
Posted: Apr 29, 2024
Global losses from disaster events reached $45 billion in the first quarter of 2024, of which at least $17 billion was covered by insurance, with an estimated quarterly protection gap of 64%, according to insurance and reinsurance broker Aon. Insu...
Posted: Apr 29, 2024
Global losses from disaster events reached $45 billion in the first quarter of 2024, of which at least $17 billion was covered by insurance, with an estimated quarterly protection gap of 64%, according to insurance and reinsurance broker Aon. Insu...
Posted: Apr 29, 2024
Golub Capital has revealed the launch of its Insurance Solutions team, a newly formed group of dedicated insurance and asset management professionals led by Jennifer Potenta as Managing Director, Head of Insurance Solutions. According to Golub Cap...
Posted: Apr 29, 2024
The Hartford CEO Christopher Swift told analysts late last week that the insurer’s first quarter results included “progress toward restoring targeted profitability in auto” as it turned in an improved combined ratio for the quarter...
Posted: Apr 29, 2024
The Liberty Co., a rapidly expanding insurance brokerage based in Gainesville, Florida, has named two insurance industry veterans to executive positions. Bill Allen, who was previously executive vice president at Hays Companies, now part of the large...
Posted: Apr 29, 2024
Verisk’s Property Claim Services (PCS), a provider of industry loss estimates and loss data globally, has designated the MOVEit cyber attack and the Change Healthcare cyber attack as PCS Cyber Catastrophe Loss Events, as reported first by ou...
Posted: Apr 29, 2024