All Posts
Posted: Jan 08, 2025
The Dilemma on Legacy System Modernization Customer Experience
Posted: Jan 08, 2025
Active wind-driven wildfires in Southern California that are estimated to have burned more than 1,000 properties and prompted evacuation orders for more than 80,000 residents will likely lead to what industry watchers say will be sizable insured loss...
Posted: Jan 08, 2025
Posted: Jan 08, 2025
Posted: Jan 08, 2025
Digital car insurer Clearcover announced the launch of Clearcover General Agency to serve the non-standard auto insurance market in Texas. Policies will be underwritten by Old American County Mutual Fire Insurance Company, bringing Clearcover’s...
Posted: Jan 08, 2025
A Berkshire Hathaway shareholder wants a committee of independent directors to oversee risks associated with artificial intelligence at the dozens of companies in Warren Buffett’s conglomerate. Tulipshare, an activist investor group based in Lo...
Posted: Jan 08, 2025
A strong earthquake shook a high-altitude region of western China and areas of Nepal on Tuesday, damaging hundreds of houses, littering streets with rubble and killing at least 126 people in Tibet. Many others were trapped as dozens of aftershocks &#...
Posted: Jan 08, 2025
The Plexus Groupe, a national commercial insurance brokerage and consulting firm, announced the appointment of Gerald Fawcett as President. Fawcett joined Plexus in February 2020 to lead the Industry and Specialty Practices. He was involved in vettin...
Posted: Jan 08, 2025
The Plexus Groupe, a national commercial insurance brokerage and consulting firm, announced the appointment of Gerald Fawcett as president. Fawcett joined Plexus in February 2020 to lead the industry and specialty practices. He was involved in vettin...
Posted: Jan 08, 2025
Oklahoma City and its police department have discriminated against people with behavioral health disabilities, the U.S. Department of Justice said last week after releasing the latest in a series of investigations into state and local law enforcement...
Posted: Jan 08, 2025
The devastating wildfire raging in the Pacific Palisades neighbourhood of Los Angeles has now destroyed more than 1,000 structures and is growing, while the Eaton Fire, burning in the Angeles National Forest, the Altadena area of Los Angeles Count...
Posted: Jan 08, 2025
A class-action lawsuit filed Monday alleges the Omaha Housing Authority ignored and failed to eliminate bed bug infestations at high-rise apartments for low-income residents. The new lawsuit, brought by a pioneering firm in bed bug litigation, comes...
Posted: Jan 08, 2025
Flight cancellations are already piling up as a winter storm bears down on Texas and the US South, bringing snow and ice that could coat power lines and trigger blackouts. As of 7:30 a.m. in New York, at least 169 …
Posted: Jan 08, 2025
Consumers may soon be able to buy electronic products with a label indicating they are “cyber secure,” according to US officials. The White House on Tuesday announced the launch of a new US Cyber Trust Mark, indicating designated items fo...
Posted: Jan 08, 2025
Insurance Business Magazine - US
Posted: Jan 08, 2025
Insurance Business Magazine - US
Posted: Jan 08, 2025
Insurance Business Magazine - US
Posted: Jan 08, 2025
Insurance Business Magazine - US
Posted: Jan 08, 2025
Insurance Business Magazine - US
Posted: Jan 08, 2025
Insurance Business Magazine - US
Posted: Jan 08, 2025
Ascot, a Bermuda-based global specialty insurer, has announced the appointment of Bruce Sikorski to the newly created role of Group Head of Corporate Services. Based in Ascot’s Iselin, New Jersey office, Sikorski will report to Bill Thygeson, Grou...
Posted: Jan 08, 2025
Once again, settlements from class-action litigation topped $40 billion in 2024, according to an extensive analysis of more than 1,400 cases by law firm Duane Morris. Gerald L. Maatman, partner at the firm and co-author of its 650-page report, said &...
Posted: Jan 08, 2025
Not all accidents are compensable merely because they happen at work, the Virginia Workers’ Compensation Commission (WCC) reminded in denying workers’ compensation benefits to a school bus driver for an injury that happened while he was s...
Posted: Jan 08, 2025
IQUW, a property and specialty re/insurer, has strengthened its Energy team with three new appointments. Chris Touhey joins as Senior Underwriter, Energy, alongside Darren Stewart as Head of Marine, Energy, & Aviation Claims, and Darryl Krobel...
Posted: Jan 08, 2025
Posted: Jan 08, 2025
Commercial insurance rate increases were relatively moderate for most lines in 2024, according to MarketScout's market barometer. The post Co...
Posted: Jan 08, 2025
California-headquartered ALKEME, ranked as one of largest U.S. insurance brokerages, has continued its growth spurt with the recent acquisition of Professional Benefits Consultants, based in Canton, Georgia. The move underscores ALKEME’s expans...
Posted: Jan 08, 2025
Northwestern Mutual, a financial services provider of insurance and wealth products, has formed a strategic partnership with global investment firm Sixth Street to enhance its long-term, diversified investment strategy for its institutional invest...
Posted: Jan 08, 2025
Starting this spring, surplus lines brokers in Alabama must file quarterly reports showing all surplus lines transactions, the state Department of Insurance said this week. The rule is in keeping with state law and took effect Jan. 1. The quarterly &...
Posted: Jan 08, 2025
Insurance broker Aon plc announced the appointment of John Neal as global CEO of Reinsurance and chairman of Climate Solutions, effective following the conclusion of Neal’s notice period at Lloyd’s of London where he has served as CEO sin...
Posted: Jan 08, 2025
Lloyd’s, the insurance marketplace, announced that its Chief Executive Officer, John Neal, will step down in 2025 to join Aon plc as Global CEO of Reinsurance and Global Chairman of Climate Solutions. His departure marks a significant transition f...
Posted: Jan 08, 2025
Millions of people in California face at least two more days of dry, hot winds that have fanned fires across Los Angeles County and sent residents fleeing for their lives. Hurricane-force wind gusts of as much as 86 miles (138 …
Posted: Jan 08, 2025
The Hartford, a leading US-based insurance and financial services company, has launched a new service company in Singapore to expand its presence in Asia and enhance its reach in one of the world’s largest commercial wholesale markets through its...
Posted: Jan 08, 2025
Even with the further easing of conditions at 1.1, the property catastrophe reinsurance market is priced to produce target expected returns for reinsurers, according to Aon’s Reinsurance Market Dynamics January 2025 Renewal report. With stro...
Posted: Jan 08, 2025
Insurance Business Magazine - US
Posted: Jan 08, 2025
Insurance Business Magazine - US
Posted: Jan 08, 2025
Insurance Business Magazine - US
Posted: Jan 08, 2025