All Posts

What Types of Interest Rates Do Lenders Use?

IA Magazine

Whatever route an agency's growth plans take, debt financing is likely to be part of the process. Here are the three types of rates lenders use.

Posted: Dec 04, 2024

Trucordia Announces Partnership with Vertafore to Optimize Growth

IIR

Integrated technology from Vertafore supports Trucordia’s “Ascend” strategy to bring together its 200 locations for future growth

Posted: Dec 04, 2024

Hippo Names Andrea Collins Chief Marketing Officer

IIR

Collins brings decades of marketing experience, including previous tenure as Hippo’s VP of Marketing from 2017 to 2022.

Posted: Dec 04, 2024

Big ‘I’ President & CEO Selected as a Top Lobbyist by The Hill Newspaper

IA Magazine

Charles Symington, Big “I" president & CEO, was named among the top trade association lobbyists in the nation's capital this year.

Posted: Dec 04, 2024

Sandbox Wealth raises $1.25 million

coverager

Sandbox wants to provide RIAs and Family Offices access to deposits, lending, and analytics through its open architecture banking platform.

Posted: Dec 04, 2024

American Equity receives financial strength rating upgrade

coverager

The company has received an upgrade to its Financial Strength Rating from AM Best to “A” from “A-”.

Posted: Dec 04, 2024

Abacus Life acquires FCF Advisors

coverager

The acquisition expands Abacus' ABL Wealth offerings.

Posted: Dec 04, 2024

Chubb Australia launches Benchmarq

coverager

Benchmarq is available exclusively through brokers.

Posted: Dec 04, 2024

Businesses Must Adapt to Rising Climate Risks

Insurance Thought Leadership

Businesses Must Adapt to Rising Climate Risks Risk Management

Posted: Dec 04, 2024

Keys to Commercial Property Insurance Management

Insurance Thought Leadership

Keys to Commercial Property Insurance Management Risk Management

Posted: Dec 04, 2024

Slain UnitedHealth Executive Puts New Focus on CEO Safety Policy

Insurance Journal

The UnitedHealth Group Inc. executive who was fatally shot in New York on Wednesday morning had no personal security detail, a circumstance that could prompt swift changes inside corporate boardrooms, especially as the global political environment gr...

Posted: Dec 04, 2024

Insurance Broker Verlingue Acquires Switzerland’s ProConseils Solutions

Insurance Journal

Verlingue, the Quimper, France-based insurance broker and subsidiary of the Adelaïde Group, announced it has acquired ProConseils Solutions, a major player in the insurance brokerage market in French-speaking Switzerland. Financial details of the dea...

Posted: Dec 04, 2024

Indictment Filed in $250M Off-Shore Insurance Scheme

Carrier Management

Indictment Filed in $250M Off-Shore Insurance Scheme A New York-based insurance agency is allege...

Posted: Dec 04, 2024

ABL Technologies backs Insured Connect

coverager

ABL Technologies is a subsidiary of Abacus Life.

Posted: Dec 04, 2024

Feature-Integrated Apps Drive Rising Customer Satisfaction With Digital Claims Process: J.D. Power

Carrier Management

Feature-Integrated Apps Drive Rising Customer Satisfaction With Digital Claims Process: J.D. Power Digi...

Posted: Dec 04, 2024

Truckstop partners with Reliance Partners

coverager

Truckstop RMIS customers can benefit from "preferred insurance rates" through Reliance Partners.

Posted: Dec 04, 2024

Trucordia leverages Vertafore as its partner of choice to unify operations

coverager

Integrated technology from Vertafore supports Trucordia’s "Ascend" strategy to bring together its 200 locations for future growth

Posted: Dec 04, 2024

Prudential board elects Andrew Sullivan as next CEO

coverager

Sandbox wants to provide RIAs and Family Offices access to deposits, lending, and analytics through its open architecture banking platform.

Posted: Dec 04, 2024

Texas-Based Upland Expands Into Product Recall

Insurance Journal

Upland Capital Group announced it is expanding into a new market with the introduction of a Product Recall product to its portfolio. The new product focuses on product defect coverage for component parts and consumer goods as well as food …

Posted: Dec 04, 2024

JPMorgan Bolsters Florida Bet With 300 New Jobs in Orlando

Insurance Journal

(Bloomberg) — JPMorgan Chase & Co. plans to hire 300 people in the Orlando area over the next two years, part of the largest US bank’s expansion in the South. The firm will renovate its 250,000-square-foot (23,226-square-meter) campus...

Posted: Dec 04, 2024

People Moves: Karmilowicz Resigns as Chair of Everest Global Insurance; TMK Taps AXIS’ Furness-Smith...

Insurance Journal

This edition of International People Moves details resignations and appointments at two insurers — Everest Group and Tokio Marine Kiln — and the managing general agent Coalition. A summary of these new hires follows here. Karmilowicz to R...

Posted: Dec 04, 2024

Reinsurance market to stabilise next year, pricing to return to ~2023 levels: JP Morgan

Reinsurance News

Analysts at JP Morgan expect the reinsurance market to stabilise in 2025 with pricing at still healthy levels despite minor declines, while profitability should be supported by a continuation of firm terms and conditions as attachment points hold....

Posted: Dec 04, 2024

Judge Dismisses Suit Over Savannah Outlawing Guns Left in Unlocked Cars

Insurance Journal

SAVANNAH, Ga. (AP) — A judge has thrown out a lawsuit by a Georgia gun owner who sought to challenge a Savannah city ordinance that imposes fines and potential jail time for people who leave firearms inside unlocked cars. The …

Posted: Dec 04, 2024

People Moves: Brecht & Associates Names Jennifer Brecht as President and COO

Insurance Journal

Brecht & Associates announced the promotion of Jennifer Brecht to president and COO. Brecht has held various leadership positions, most recently as vice president of finance and marketing. Brecht was recently appointed to the Board of Directors o...

Posted: Dec 04, 2024

AXA XL appoints new Client Relationship Leaders for US East and West Zones

Reinsurance News

AXA XL, the property and casualty (P&C) and specialty risk division of AXA, has appointed Russell Caminske as Client Relationship Leader (CRL) for the US East Zone and Ryan Larson as the West Zone CRL. In their roles, Caminske and Larson will...

Posted: Dec 04, 2024

Minnesota Company Fined $730K After Worker Drowns Removing Lake Weed

Insurance Journal

The Minnesota Department of Labor and Industry’s (DLI’s) Minnesota OSHA (MNOSHA) Compliance announced it has has issued a $730,000 penalty to Your Lake Aquatic Plant Management, LLC, in Columbia Heights, Minnesota, for commercial diving s...

Posted: Dec 04, 2024

South Carolina Drunk Driver Who Hit Bride on Wedding Day Sentenced to 25 Years

Insurance Journal

A woman who admitted to drinking and who was driving well over twice the speed limit when she smashed into a golf cart, killing a bride who had just got married at a South Carolina beach, was sentenced Monday to …

Posted: Dec 04, 2024

People Moves: EPIC Adds Frechmann, Mayfield and Snitzer in Midwest Region

Insurance Journal

EPIC Insurance Brokers & Consultants announced an expansion of its expertise in specialized areas with the addition of three new professionals in the Midwest. Rick Frechmann, Joleen Mayfield, and Bradley Snitzer bring decades of experience in emp...

Posted: Dec 04, 2024

Lake-Effect Snowfall Buries Great Lakes Region

Insurance Journal

Snow continued to fall Monday around parts of the Great Lakes region, where storm-weary residents who have plowed and shoveled for days faced the prospect of even greater accumulations. Lake-effect snow fell on parts of western New York, Pennsylvania...

Posted: Dec 04, 2024

Small Businesses Relieved After Federal Judge Strikes Down Broad Overtime Rule

Carrier Management

Small Businesses Relieved After Federal Judge Strikes Down Broad Overtime Rule Small business owners ha...

Posted: Dec 04, 2024

9M’24 results show $4.1bn underwriting gain for US P&C industry: AM Best

Reinsurance News

According to AM Best, the US property and casualty (P&C) industry posted a $4.1 billion net underwriting gain in the first nine months of 2024, in comparison to a $32.1 billion loss recorded in the prior year period. At the same time, the US P...

Posted: Dec 04, 2024

Principles of Corporate Resilience

Risk & Insurance

How an accelerating risk environment is raising the stakes for risk managers — and how carriers are responding. The post Principles of Corporate Resilience appea...

Posted: Dec 04, 2024

UnitedHealth Executive Fatally Shot in NYC on Investor Day

Insurance Journal

Brian Thompson, a longtime UnitedHealth Group Inc. executive, was fatally shot in midtown Manhattan early Wednesday morning, the New York Police Department said. Thompson, 50, was shot in the chest before 7 a.m. outside the New York Hilton Midtown, w...

Posted: Dec 04, 2024

The Geneva Association announces two new leadership appointments

Reinsurance News

The Geneva Association has announced the appointment of Darren Pain as Director of Research and Dennis Noordhoek as Director of External Stakeholder Engagement, both effective 1 January 2025. Pain, who currently serves as Director Cyber and Evolvi...

Posted: Dec 04, 2024

ZestyAI partners with AFR to improve property risk assessment

Reinsurance News

ZestyAI, a provider of climate and property risk analytics powered by AI, has partnered with American Farmers & Ranchers Mutual Insurance Company (AFR), an insurance provider in Oklahoma’s rural sector for over a century. This collaborat...

Posted: Dec 04, 2024