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A Massachusetts beach community is scrambling after a weekend storm washed away $600,000 in sand that was trucked in to protect homes, roads and other infrastructure. The project, which brought 14,000 tons (12,701 metric tons) of sand into Salisbury...
Posted: Mar 15, 2024
VIPR, a leading technology solutions provider in the delegated underwriting sector, has appointed Tony Russell as its Chief Revenue Officer. VIPR has reportedly brought on Russell to spearhead revenue growth and market expansion. As Chief Revenue...
Posted: Mar 15, 2024
bolttech, an international insurtech firm, recently announced its expansion into the Middle East through a new partnership with stc Group, a telecommunications company in the region. Rob Schimek, Group Chief Executive Officer at bolttech, expresse...
Posted: Mar 15, 2024
Bermuda-headquartered Hamilton Insurance Group, Ltd. has sponsored a new catastrophe bond, providing the firm with $200 million of retrocession from the capital markets to protect against U.S and territories named storm and North American earthqua...
Posted: Mar 15, 2024
Insurance Business Magazine - US
Posted: Mar 15, 2024
This Alliant broker shares his take on how the Bipartisan Infrastructure Law will affect the renewable energy sector and sustainability as a whole. The post
Posted: Mar 15, 2024
China’s financial sector regulator is looking into the exposure of the Hong Kong units of domestic banks and insurers to the country’s local government debt, three sources with knowledge of the matter said, as part of its efforts to conta...
Posted: Mar 15, 2024
Lockton Re Capital Markets (LRCM) has appointed Brendan Roche as Head of Distribution, where he will be based in Europe. Roche holds over 25 years of experience in the industry, having previously served as SVP at GC Securities, and an almost 14-ye...
Posted: Mar 15, 2024
BNP Paribas SA is considering a potential acquisition of Fosun International Ltd.’s stake in Belgian insurer Ageas, according to people with knowledge of the matter. The French lender has been holding discussions on a possible purchase of Fosun...
Posted: Mar 15, 2024
Posted: Mar 15, 2024
Posted: Mar 15, 2024
California-domiciled privately held insurance company, ICW Group Insurance Companies, has promoted Paul Zamora to the role of Chief Underwriting Officer (CUO). Zamora’s remit in the role includes leading the company’s property and casualty multi-l...
Posted: Mar 15, 2024
Specialist carbon insurance company, Kita has agreed to provide advanced management of non-for-profit and UK-based carbon standard, OxCarbon’s buffer pool. Through its ‘Buffer as a Service’ product, Kita will reduce risk for OxCarbon by empl...
Posted: Mar 15, 2024
Earnix, a provider of AI-based SaaS solutions, has partnered with Sollers Consulting, a software integrator and operational advisor, to deliver cutting-edge solutions across the property and casualty (P&C) insurance market in the UK, US, Franc...
Posted: Mar 15, 2024
Pension scheme trustees for Debenhams have agreed to enter into a superfund deal with Clara-Pensions, a transaction that will see the transfer of £600 million of the former British retailer’s pension assets to Clara. When Debenhams collapsed...
Posted: Mar 15, 2024
For four decades, the Riverbend Festival delighted music fans in Tennessee with headlining acts like Lionel Ritchie and ZZ Top, but this year the show won’t go on. “Riverbend is reevaluating and restructuring in order to be successful in...
Posted: Mar 15, 2024
H.W. Kaufman Group, a privately held global insurance organization, has appointed Jacqueline Legrand to its London Board of Directors. Legrand’s remit in the role will include assisting the company’s leadership in exploring other new regions...
Posted: Mar 15, 2024
A major environmental group has sued to challenge new rules issued by the U.S. Securities and Exchange Commission requiring public companies to report climate-related risks, arguing they do not go far enough to protect investors. The Sierra Club and...
Posted: Mar 15, 2024
Terrorist threats toward the US have reached a “whole other level” from the already heightened situation before the Oct. 7 attack by Hamas on Israel and its response, FBI Director Christopher Wray said Tuesday. “You’ve seen a...
Posted: Mar 15, 2024
McGlinchey Stafford, headquartered in New Orleans, named former Louisiana commissioner of insurance and attorney Jim Donelon as a member. While his insurance regulatory practice is national in scope, he will primarily work from the Baton Rouge and Ne...
Posted: Mar 15, 2024
Transportation Secretary Pete Buttigieg has reiterated his concerns about railroad safety and scolded the industry for not doing more to improve since last year’s fiery Ohio derailment. In a new letter to the freight railroads’ main trade...
Posted: Mar 15, 2024
A Hopkinton, Massachusetts couple has been arrested and charged in connection with separate schemes to defraud their workers’ compensation insurance carriers, the Small Business Administration (SBA) and their mortgage lender. According to the U...
Posted: Mar 15, 2024
More than three dozen people allege in two lawsuits filed Tuesday that they were sexually abused as children at a Maryland residential program for youths that closed in 2017 following similar allegations. In the separate lawsuits, attorneys detailed...
Posted: Mar 15, 2024
A small private jet was short on its approach to a rural Virginia airport’s runway when it struck trees and crashed into a hillside and burned, killing all five people aboard, state police said Monday. The twin-engine IAI Astra 1125 …
Posted: Mar 15, 2024
A small private jet was short on its approach to a rural Virginia airport’s runway when it struck trees and crashed into a hillside and burned, killing all five people aboard, state police said Monday. The twin-engine IAI Astra 1125 …
Posted: Mar 15, 2024
The State Farm Mutual board of directors has selected President Jon Farney as the company’s next chief executive officer. Farney will succeed retiring CEO Michael Tipsord on June 1. Farney joined State Farm in 1993 and has served in a …
Posted: Mar 14, 2024
State Farm Announces New CEO; Farney Succeeding Tipsord June 1 The State Farm Mutual board of direc...
Posted: Mar 14, 2024
The average American consumes 4.2 drinks on St. Patrick’s Day, according to Alcohol.org
Posted: Mar 14, 2024
The company has surged through its ability to offer cost savings through a shift in credit card fee payments and the digital opportunity afforded by One Inc’s huge payment network.
Posted: Mar 14, 2024
Head of IT since May 2023, Bischoff’s elevation to VP was one of three executive promotions, along with Patrick Gagen, as VP, HR; and Stacey Rebbert to VP and CMO.
Posted: Mar 14, 2024
Only 24% of organizations said neurodivergent individuals are seen as valuable employees.
Posted: Mar 14, 2024
The ‘policy’ covers 57 ketchup-related perils, which nearly half of consumers report facing.
Posted: Mar 14, 2024
The latest insurance industry personnel news from Grange Insurance Company, McGlinchey Stafford, Nationwide and more.
Posted: Mar 14, 2024
The proposal is part of California Insurance Commissioner Ricardo Lara’s goal to enact insurance reform during 2024.
Posted: Mar 14, 2024
A potential TikTok ban in the U.S. could sever a vital communication tool used to reach young policyholders.
Posted: Mar 14, 2024
Insurance Business Magazine - US
Posted: Mar 14, 2024
Chubb’s Greenberg Defends Issuing Appeal Bond to Trump: ‘We Don’t Take Sides’ Chubb CEO Evan Gr...
Posted: Mar 14, 2024
A Light at the End of the Tunnel Agent & Broker sradomski Thu, 03/14/2024 - 17:39...
Posted: Mar 14, 2024
Insurance Business Magazine - US
Posted: Mar 14, 2024
One Inc offers a platform to process digital payments for premiums and claims.
Posted: Mar 14, 2024
Canyon Partners is headquartered in Dallas and has $24.4 billion in assets under management.
Posted: Mar 14, 2024
Robotaxis will begin cruising the streets of Los Angeles this week when Google spinoff Waymo starts offering free rides to some of the roughly 50,000 people who have signed up for its driverless ride-hailing service. Waymo is expanding into Los ̷...
Posted: Mar 14, 2024