All Posts
OKLAHOMA CITY (AP) — Two Texas-based natural gas companies are being sued by Oklahoma, which alleges they fraudulently reduced gas supplies to send prices soaring during Winter Storm Uri, making huge profits while thousands shivered across the state....
Posted: Apr 12, 2024
Ford Recall of 43,000 SUVs Due to Fire Risk Won’t Remedy Gas Leaks Ford is recalling nearly 43,000 smal...
Posted: Apr 12, 2024
La Nina 60% Likely to Develop Between June-August A U.S. government weather forecaster expects an about 60 perce...
Posted: Apr 12, 2024
A home warranty firm is now prohibited from doing business in Georgia after a cease-and-desist order was issued, the state insurance commissioner announced. Choice Home Warranty did not secure a $100,000 surety bond as required by law, despite warnin...
Posted: Apr 12, 2024
USAA is laying off 220 employees in an effort to reprioritize positions amid changing business needs, the San Antonio-based insurer announced this week. This is the latest round of layoffs at USAA, which let go of nearly 1,000 employees in …
Posted: Apr 12, 2024
The latest hiring announcement in the industry today. The post Amy Bowman Promoted to Head of Mul...
Posted: Apr 12, 2024
The latest people news in the industry today. The post Jason Murrey Promoted to President of Com...
Posted: Apr 12, 2024
Florida Peninsula Insurance Company has announced a 2% statewide decrease in homeowners insurance premiums. This reduction is partly due to recent legislative changes and the diligent efforts of the analyst team at Florida Peninsula Insurance, who...
Posted: Apr 12, 2024
Insurance Business Magazine - US
Posted: Apr 12, 2024
Insurance Business Magazine - US
Posted: Apr 12, 2024
Aon has been developing innovative solutions and products with the overarching goal of promoting safety and trust to help foster institutional adoption of Web3.
Posted: Apr 12, 2024
Insurance Business Magazine - US
Posted: Apr 12, 2024
This Collaboration will focus on producing podcasts, blog posts, newsletters and other content.
Posted: Apr 12, 2024
The expansion into EIL in Canada is supported by the existing Environmental team that is well established within AXIS in the US.
Posted: Apr 12, 2024
Nationwide's agriculture insurance customers can now receive a 20% discount on a variety of EnforcerOne and FIREBULL products.
Posted: Apr 12, 2024
The latest people news in the industry today. The post Dane Lopes Appointed as Head of U.S. Partnershi...
Posted: Apr 12, 2024
Nearly 80% of respondents to a recent Travelers survey said inattentive driving is more of a problem now than it has been in past years. Travelers noted the pandemic triggered a new wave of dangerous habits. The 2024 Travelers Risk …
Posted: Apr 12, 2024
COLUMBIA, S.C. (AP) — Twelve years after a hacker stole personal data from more than 3.6 million people in South Carolina by obtaining Social Security numbers and credit card information from tax returns, the state’s top police officer said Wed...
Posted: Apr 12, 2024
The recent strong winds and severe convective storms that struck the central and southern United States between April 6-11, are estimated to drive economic and insured losses into the hundreds of millions or higher, USD, according to Aon’s w...
Posted: Apr 12, 2024
The U.S. Senate Commerce Committee said it would hold a hearing next week with members of an expert panel that released a report in February criticizing Boeing’s safety culture and calling for significant improvements. The hearing next Wednesda...
Posted: Apr 12, 2024
The latest people news in the industry today. The post Malcolm Roberts Named Chair of FM Global Board of Directors appear...
Posted: Apr 12, 2024
Salvors continue to remove containers from the cargo ship Dali and clear wreckage at the Francis Scott Key Bridge incident site, according to the Unified Command, the group of U.S. Army, Coast Guard and federal, state and local transportation, energy...
Posted: Apr 12, 2024
Progressive Corp. today reported strong first quarter 2024 results with net income of $2.3 billion and a combined ratio of 86.1 Last year, net income for the first three months at the Mayfield Village, Ohio-based insurer was $447.9 million and …...
Posted: Apr 12, 2024
During the initial stages of a federal probe into the deadly collapse of Baltimore’s Francis Scott Key Bridge, investigators are focusing on the electrical power system of the massive container ship that veered off course. Jennifer Homendy, cha...
Posted: Apr 12, 2024
R&Q Insurance Holdings (R&Q) has announced it has agreed to sell all the interests held by R&Q and its affiliates in the Joint Venture between Obra and R&Q, Sag Main, to Obra Capital, Inc. The non-life specialty insurer has also pr...
Posted: Apr 12, 2024
The National Highway Traffic Safety Administration (NHTSA) said on Friday it was opening an investigation into the recall of 42,652 Ford SUVs over concerns of a fuel leak that could lead to fire hazards. The NHTSA’s recall query, or a …
Posted: Apr 12, 2024
Verita, a Managing General Underwriting (MGU) company, is strengthening its Claims team with the appointments of William (Bill) Barry as Chief Claim Manager and Chris Adolph Head of Property Claims. Barry brings more than three decades of experien...
Posted: Apr 12, 2024
Rosensaft Joins Alliant Insurance Services as Managing Director Jodi Rosensaft joined Alliant Insurance Services, headquartered in Irvine, California, as managing director, advisory leader – representation and warranties insurance, Alliant Specialty,...
Posted: Apr 12, 2024
According to a recent insurance economics outlook from the Insurance Information Institute (Triple-I), the economic drivers of the US property & casualty (P&C) insurance industry are growing faster than the nation’s Gross Domestic Pr...
Posted: Apr 12, 2024
RT Specialty, the wholesale distribution division of specialty insurer Ryan Specialty, has announced the promotion of Jason Murrey to President of Commercial Lines Binding Authority. In his new role Murrey will oversee the operational leadership o...
Posted: Apr 12, 2024
Kenya’s drug regulator is recalling a batch of Johnson & Johnson children’s cough syrup, it said on Thursday, a day after Nigeria recalled the same batch of medication under the Benylin Paediatric brand. Nigeria’s health regulat...
Posted: Apr 12, 2024
Zurich-based catastrophe insurance data provider PERILS AG has released its Industry Exposure Database (IED) for 2024, highlighting the continued impact of inflationary developments, with exposure growth at 11.7% year-on-year in USD terms across a...
Posted: Apr 12, 2024
The United Nations atomic watchdog held an emergency meeting in Vienna to discuss the increasing risk of an accident at a Russian-occupied atomic power plant in Ukraine. International Atomic Energy Agency diplomats convened on Thursday to discuss saf...
Posted: Apr 12, 2024
American European Insurance Company and ShoreOne Insurance Managers, Inc. have revealed their successful sponsorship of the $125 million Charles River Re Ltd. Series 2024-1 catastrophe bond. American European is entering into a reinsurance contrac...
Posted: Apr 12, 2024
Posted: Apr 12, 2024
Posted: Apr 12, 2024
Canada’s emergency preparedness minister warned Wednesday the country’s wildfire season could be more explosive than last year when it led to unprecedented smoke conditions across much of the country and into the United States. Persistent...
Posted: Apr 12, 2024
A recent report by Fitch Ratings indicates a positive trend in the operating environment for Turkish non-life insurers, driven by lower inflation and improved pricing practices, particularly in motor damage insurance. This optimism is further bols...
Posted: Apr 12, 2024