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Acadia will be able to use UVeye's vehicle damage reports to create insurance estimates.
Posted: Mar 06, 2024
The new coverage offers $10M in limits for both primary and excess placements.
Posted: Mar 06, 2024
IPH and Synchrony will explore a diverse range of opportunities.
Posted: Mar 06, 2024
United Educators' 2023 report reveals escalating financial risks in education due to rising liability claims, emphasizing the need for robust risk management. The post
Posted: Mar 06, 2024
Washington Insurance Commissioner Mike Kreidler on Wednesday sent a letter to insurers urging them to consider loosening personal property claim filing requirements for victims of last summer’s Spokane County wildfires. Insurance companies typi...
Posted: Mar 06, 2024
CHICAGO (AP) — Doctors and nurses at a premier Chicago children’s hospital can again access patients’ electronic medical records, more than a month after a cyberattack forced Lurie Children’s Hospital to take its networks offline. T...
Posted: Mar 06, 2024
The Barbados-flagged True Confidence bulk carrier was hit by a missile on Wednesday 50 nautical miles southwest of Yemen’s Aden, with a fire continuing onboard, the vessel’s owner and operator said. “The vessel is drifting,” L...
Posted: Mar 06, 2024
This edition of International People Moves details appointments at Sompo Japan and Willis Towers Watson (WTW). A summary of these new hires follows here. Sompo Japan Names Takahashi as Chief Risk Officer, Head of Reinsurance Sompo Holdings Inc. annou...
Posted: Mar 06, 2024
CANADIAN — Farmers and ranchers in the Panhandle lost livestock, buildings and infrastructure in the wildfires still raging through the region. Now they’re looking to rebuild. More than 100 people packed a room at the Hemphill County Exhibition...
Posted: Mar 06, 2024
Trading conditions at the January 1st, 2024, reinsurance renewals were much more stable than a year earlier, and with discipline maintained and a greater willingness from existing carriers to deploy, the outlook for 2024 is one of more stability a...
Posted: Mar 06, 2024
California Ski Resort Workers Tunnel Their Way In After 10 Feet of Snow Going to the office has been no...
Posted: Mar 06, 2024
Lloyd’s of London Hits 35% Female Leadership Target Lloyd's of London ha...
Posted: Mar 06, 2024
Security Lags as 77% of Companies Report AI Breaches Within the Past Year A new survey of security leaders shows th...
Posted: Mar 06, 2024
Howden, the London-based insurance intermediary group, announced it has acquired Hencilla Canworth GI Ltd., a leading British independent specialist performing arts insurance broker. Founded in 1981, based in Croydon, UK, and trading since 2021 as He...
Posted: Mar 06, 2024
Surplus lines in Florida saw a huge increase in premium, policy count and new business for February compared to the same month last year, a spike in growth that the Florida Surplus Lines Service Office called “monumental” and “eye-p...
Posted: Mar 06, 2024
German industry called for better protection of critical infrastructure on Wednesday after a suspected arson attack by leftist activists on Tesla’s gigafactory outside Berlin halted production until further notice. Security officials cleared th...
Posted: Mar 06, 2024
Home insurance firm Hippo has posted their results for the full-year 2023, which includes total generated premium (TGP) climbing from $811 million to $1.1 billion, representing a 40% increase from 2022. During the year, the company grew revenue si...
Posted: Mar 06, 2024
We recently brought together thought leaders from across Moody’s to talk with the media at our 2023 Hurricane Season Recap and 2024 Outlook briefing, to provide a range of perspectives from meteorology to market impact. We looked back at the &#...
Posted: Mar 06, 2024
SCOR CEO Thierry Léger has revealed that the firm will stop underwriting US General Liability and Professional Indemnity single-risk business from Europe, deciding to only write it locally from the US in the future. Léger disclosed this informatio...
Posted: Mar 06, 2024
Insurance Business Magazine - US
Posted: Mar 06, 2024
Acadia will be able to use UVeye's vehicle damage reports to create insurance estimates.
Posted: Mar 06, 2024
The Securities and Exchange Commission will force companies to disclose their greenhouse gas emissions for the first time, but watered down a key requirement after heavy lobbying from industry groups. After receiving thousands of comment letters and...
Posted: Mar 06, 2024
Property and specialty re/insurer IQUW has reported a combined operating ratio of 80.9% for the full year 2023, as gross written premiums reported increased by 35% year-on-year to $913 million. The firm explains that premium growth was primarily a...
Posted: Mar 06, 2024
Brown & Brown announced that it has acquired the assets of Hillco Insurance. Hillco was established by Hunter Hill in the Dallas metropolitan area to serve the personal and commercial insurance needs of the expansive Dallas business community. Th...
Posted: Mar 06, 2024
A majority of Americans are unaware of third-party litigation funding but most believe state and federal laws should be changed to address abuses in the legal system. According to the results of a recent survey of 2,000 people conducted by …
Posted: Mar 06, 2024
LAUNCH Names Seger CTO LAUNCH, headquartered in Omaha, named JT Seger as chief technology officer. Seger’s experience includes being a co-founder at Sequel and a principal software engineer at Maptician and iN2L+LifeLoop. Kraus-Anderson Insuran...
Posted: Mar 06, 2024
Lerant Joins South & Western as Business Development Specialist Lou Lerant recently joined South & Western Insurance as a business development specialist. South & Western Insurance, based in Addison, Texas, is a member of the Bridge Speci...
Posted: Mar 06, 2024
S&P Global Ratings, the credit rating agency, has said that while they expect their ratings on Asia-Pacific insurers to remain stable, a combination of economic conditions and underlying changes are “pressuring earnings.” The agenc...
Posted: Mar 06, 2024
San Francisco, California-based Resilience launched a Technology Errors & Omissions coverage for U.S. organizations with $300 million to $10 billion in revenue. With $10M in limits available for both primary and excess placements, the E&O add...
Posted: Mar 06, 2024
President Joe Biden has approved a federal disaster declaration sought by Gov. Phil Scott to help communities in seven Vermont counties that saw severe rainfall and flooding in December. Federal funding is available on a cost-sharing basis to state a...
Posted: Mar 06, 2024
The latest trial over claims that Johnson & Johnson’s talc products cause cancer ended in a mistrial on Tuesday, as a Florida state court jury said it could not agree on a verdict. The lawsuit was brought by Bob Sugarman, …
Posted: Mar 06, 2024
Rising Sea Levels Increase Threat of Arsenic in Dr...
Posted: Mar 06, 2024
Skeptical AM Best Tags U.S. D&O Segment With Negative Outlook Rating agency AM Best has assigned a negative outlook...
Posted: Mar 06, 2024
Allianz Commercial has recently appointed four regional distribution managers covering the South, North, London, Midlands, and the South West regions to enhance support for brokers across the UK. The appointed regional distribution managers are Vi...
Posted: Mar 06, 2024
Reinsurance broker Gallagher Re has announced the promotion of André Gerling to Head of Region for DACH, Netherlands and Central and Eastern Europe. He will take up this new position in June 1, 2024, when the current DACH leader, Hamish Dowlen, fo...
Posted: Mar 06, 2024
Mosaic Insurance has announced the launch of primary technology errors and omissions (E&O) coverage to protect tech companies from increasing liability risks. Offering up to $15 million in capacity via both its own Syndicate 1609 and a consort...
Posted: Mar 06, 2024
Some of manufacturer Kimberly-Clark Corp. neighbors in New Milford, Connecticut believe the paper goods manufacturer has contaminated their soil and drinking water with PFAS chemicals. Three of them have filed a proposed class action claiming that co...
Posted: Mar 06, 2024
Malayan Insurance, one of the leading non-life insurance providers in the Philippines, has licensed Moody’s RMS Risk Modeler to help enhance its natural catastrophe risk analytics, the firm has revealed in a recent announcement. Risk Modeler is a...
Posted: Mar 06, 2024
OpenAI fired back at a lawsuit filed against it by Elon Musk in a blog post Tuesday, using the billionaire’s own emails to show he backed the company’s plans to become a for-profit business and that he insisted it raise …
Posted: Mar 06, 2024
Global data analytics and technology provider, Verisk is expanding its fraud-fighting capabilities with two new partners FRISS and Globlue Technologies. Both insurance technology companies will join the Verisk Claims Solutions ecosystem by integra...
Posted: Mar 06, 2024
Providing insight from the Association of Insurance and Financial Analysts (AIFA) conference 2024, analysts at KBW have noted that reinsurance executives remain very optimistic about the returns embedded in property catastrophe pricing, terms, and...
Posted: Mar 06, 2024
Insurance Business Magazine - US
Posted: Mar 06, 2024
Insurance Business Magazine - US
Posted: Mar 06, 2024