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Since joining Asahi Group in 2020 as sustainability chief, Preeti Srivastav has helped the Japanese brewer make several environmental and social pledges but has not got it to disclose all its progress. Asahi said on Feb. 9 it had brought …
Posted: Feb 29, 2024
A European Union law designed to clean up corporate supply chains has been derailed by the bloc’s biggest member states, forcing negotiators back to the drawing board on one of the most consequential pieces of ESG legislation ever attempted. Th...
Posted: Feb 29, 2024
Leadership members of actuarial consultancy OAC have addressed the Prudential Regulation Authority’s (PRA) recently published Policy Statement on Solvency II, the prudential regulatory framework for insurers and reinsurers. If you recall, in...
Posted: Feb 29, 2024
The US Department of Justice has initiated an antitrust investigation into UnitedHealth Group Inc., people familiar with the matter said Tuesday. The probe opens a new layer of scrutiny on the largest US health insurer that operates in pharmacy benef...
Posted: Feb 29, 2024
A new managing general agent (MGA) platform, Blue Ocean Reinsurance Group, has recently been announced, based in the Cayman Islands. This platform aims to support current and incoming reinsurers to the Cayman Market, as well as larger, complex cap...
Posted: Feb 29, 2024
In a message posted to, and then quickly deleted from their darknet site, the hackers blamed for striking the UnitedHealth Group said on Wednesday they stole millions of sensitive records, including medical insurance and health data, from the company...
Posted: Feb 29, 2024
Chedid Re’s Shukri Abou Jaoude has been appointed to the role of Deputy General Manager at Chedid Re Lebanon, in addition to his current role as Senior Director for the Health, Life, and Travel Treaty Division. Shukri has been with Chedid Re...
Posted: Feb 29, 2024
Miami Dolphins superstar Tyreek Hill has been named in a lawsuit by a model and social media influencer, who claims that Hill broke her leg after she knocked him backwards in an impromptu football instruction last year. Hall’s complaint, filed...
Posted: Feb 29, 2024
Montoux, a provider of AI and actuarial modelling technology has launched Model Copilot, a generative AI copilot designed specifically for actuaries to transform actuarial work by automating the most time-consuming aspects of model documentation a...
Posted: Feb 29, 2024
Insurance Office of America (IOA) named J.D. Rex to its Western division team. Based in Salt Lake City, Rex joins IOA as a risk management specialist focusing on the transportation industry. Before joining IOA, Rex was most recently president at R...
Posted: Feb 29, 2024
FTP of California LLC has rebranded to Hinterland Insurance and moved its headquarters to the Denver Tech Center in Colorado. The rebrand is part of a larger strategy to reflect the firm’s growing business in the U.S. The company continues R...
Posted: Feb 29, 2024
FTP of California LLC has rebranded to Hinterland Insurance and moved its headquarters to the Denver Tech Center in Colorado. The rebrand is part of a larger strategy to reflect the firm’s growing business in the U.S. The company continues R...
Posted: Feb 29, 2024
Specialized underwriting and claims expertise set carriers apart, but competition for top talent is fierce. To attract and retain the best candidates for the job, insurers need to create a culture that makes their staff feel supported, fulfilled a...
Posted: Feb 29, 2024
The racketeering and extortion charges each carry a maximum sentence of 20 years.
Posted: Feb 28, 2024
The growth rate of 10.3% in 2023 is the highest annual growth since Reagan Consulting began its quarterly study in 2008.
Posted: Feb 28, 2024
Client communication, retention, technology and team morale are among agents' top priorities in adapting to the hard market.
Posted: Feb 28, 2024
As auto insurance shopping rates rose during fourth quarter 2023, carrier retention rates dropped.
Posted: Feb 28, 2024
DigsFact’s AI and computer vision-based proprietary technology can accelerate the claims process, multiply the adjuster’s productivity and reduce expense by up to 90 percent.
Posted: Feb 28, 2024
State Farm determined these states have the highest rates of animal collisions in the U.S.
Posted: Feb 28, 2024
The new division will be led by Brian Fischer and will report to Grahame Millwater, Vice Chairman of Global Markets and International.
Posted: Feb 28, 2024
Claire Schrader has been named as the insurance giant’s interim GC.
Posted: Feb 28, 2024
As vehicles advance toward autonomy, insurers will face tougher questions about accident responsibility, according to a panel discussion at the 2024 Complex Claims and Litigation Forum.
Posted: Feb 28, 2024
Marijuana is projected to surpass alcohol in popularity in the coming 20-30 years, according to panelists at the 2024 Complex Claims and Litigation Forum.
Posted: Feb 28, 2024
Check out the day-by-day overview of this year’s event, which will include a luncheon for emerging leaders and remarks from prominent members of Congress.
Posted: Feb 28, 2024
Does the P&C Insurance Cycle No Longer Exist? Commercial Lines ClareCarroll1 Wed, 02...
Posted: Feb 28, 2024
Cyber and E&O coverages have been combined for years. Merging these coverages has yielded benefits for insurers and clients alike, but their distinct underwriting and claims management processes have also presented challenges. Here's how the...
Posted: Feb 28, 2024
Eleven tornadoes were reported across the Midwest, with five coming in Illinois, four in Ohio and two in Michigan, the US Storm Prediction Center said as of 7 a.m. New York time. In addition, there were 36 instances of high …
Posted: Feb 28, 2024
Insurance Business Magazine - US
Posted: Feb 28, 2024
Insurance Business Magazine - US
Posted: Feb 28, 2024
The deal would value the UK company at approximately £3.1 billion.
Posted: Feb 28, 2024
The companies will offer workers’ compensation insurance and services to mid-sized employers with high-risk operations.
Posted: Feb 28, 2024
Posted: Feb 28, 2024
Posted: Feb 28, 2024
Posted: Feb 28, 2024
DT Pizza, a restaurant in Zanesville, Ohio doing business as Pizza Hut, will pay $13,083 in damages and $1,916 in back pay to resolve disability discrimination and harassment lawsuit filed by the U.S. Equal Employment Opportunity Commission (EEOC), t...
Posted: Feb 28, 2024
Top oil industry lobbying groups set the stage for a potential lawsuit challenging the Biden administration’s pause in approving new liquefied natural gas exports. In a petition filed Monday with the Energy Department, the American Petroleum In...
Posted: Feb 28, 2024
Texas firefighters are facing “another tricky day” battling flames fanned by dry winds across the Great Plains, although threats to towns and ranches may ease overnight amid forecasts for rain and snow. Shifting winds may push the flames...
Posted: Feb 28, 2024
Voyant Beauty, LLC will pay $75,000 and provide other relief to settle a disability discrimination lawsuit filed by the U.S. Equal Employment Opportunity Commission (EEOC), the federal agency announced. The EEOC charged in its suit that Voyant termin...
Posted: Feb 28, 2024
Condominium sales and prices in Miami, Jacksonville and Tampa and other parts of Florida have dropped over the past year, largely due to the soaring cost of property insurance and association fees, according to Redfin, a U.S. real estate and …
Posted: Feb 28, 2024
Assured Guaranty, a financial guaranty insurer, has announced its financial results for the fourth quarter of 2023 reporting an increased net income of $376 million compared to the $94 million reported in the same period the year prior. According...
Posted: Feb 28, 2024
Experts Say Boeing’s Safety Culture Falls Short Despite Efforts to Fix It When it comes to safety cultu...
Posted: Feb 28, 2024
Workplace Survey Highlights Turnover and Compensation Concern Employees the Most A new workplace surv...
Posted: Feb 28, 2024
Posted: Feb 28, 2024