All Posts
Commercial auto insurers continue to face mounting losses and challenges, despite years of rate increases and underwriting initiatives, AM Best reports. The post
Posted: Nov 13, 2024
Federal inspectors have cited 595 Construction LLC – a Crystal Lake, Illinois contractor with a history of exposing employees to fall hazards – for eight safety violations after finding employees framing a residential structure without re...
Posted: Nov 13, 2024
MINNEAPOLIS (AP) — Minnesota’s most populous county will pay $3.4 million to settle a lawsuit that alleged jail workers ignored the pleas of a 41-year-old man who died of a perforated bowel after spending days begging to be taken to …
Posted: Nov 13, 2024
An Iowa couple pleaded guilty to insurance fraud, forgery and theft, the Iowa Insurance Division announced. Des Moines – Lance Seastrand, age 52, and his wife, Staci Seastrand, age 56, of Davenport, were sentenced on October 31, 2024, after ple...
Posted: Nov 13, 2024
A new whitepaper released by re/insurance broker Howden in partnership with Boston Consulting Group (BCG), has highlighted how the role of insurance has largely been a blind spot in strategic conversations around climate and nature finance, and ho...
Posted: Nov 13, 2024
Implementing AI in Insurance: A Step-by-Step Guide ITL Editorial Team
Posted: Nov 13, 2024
A Practical Approach to AI in Insurance AI & Machine Learning
Posted: Nov 13, 2024
Global specialty broker Price Forbes has announced that Henry Morgan will join its Global Construction team in London as Director – Construction, effective March 2025. Morgan brings more than 13 years of experience in the US construction wholesale...
Posted: Nov 13, 2024
This edition of International People Moves details appointments at the broker Price Forbes and the MGA Altea Insurance. A summary of these new hires follows here. Price Forbes Taps BMS’s Morgan for Global Construction Team Price Forbes, the Lon...
Posted: Nov 13, 2024
The transition will begin in the second quarter of 2025, subject to regulatory requirements in relevant jurisdictions.
Posted: Nov 13, 2024
Abacus holds 532 policies on its balance sheet, valued at $274.4 million.
Posted: Nov 13, 2024
Q5 joined Ameriprise Financial’s independent channel in August after moving from UBS Financial Services.
Posted: Nov 13, 2024
Assess the maturity of your insurance operations with this first-of-its-kind tool, designed to help you scale, optimize distribution, and mitigate risk.
Posted: Nov 13, 2024
Fidelis Insurance Group, a global specialty insurer, has formed a strategic partnership with Euclid Mortgage Insurance Services, LLC (Euclid Mortgage), a managing general agency specialising in underwriting credit risk on residential mortgage port...
Posted: Nov 13, 2024
Small Commercial experienced 6% growth, boosted by Hanover’s TAP Sales platform and expanded sales force.
Posted: Nov 13, 2024
Terms of the deal were not disclosed.
Posted: Nov 13, 2024
Full-year guidance points to high single-digit ROE, falling short of the 12% target.
Posted: Nov 13, 2024
Homeowners in TownSq communities will now be able to find and hire local service professionals directly within the TownSq app.
Posted: Nov 13, 2024
The educational tool is available for lenders in both English and French.
Posted: Nov 13, 2024
The second round includes capital commitments from AllianceBernstein L.P., EnTrust Global, and Enstar Group.
Posted: Nov 13, 2024
BellTower upsized its private financing of Ascot due to strong demand from investors.
Posted: Nov 13, 2024
Insurance Business Magazine - US
Posted: Nov 13, 2024
Insurance Business Magazine - US
Posted: Nov 13, 2024
Insurance Business Magazine - US
Posted: Nov 13, 2024
Posted: Nov 13, 2024
YEMASSEE, S.C. (AP) — Employees at a South Carolina compound that breeds monkeys for medical research have recaptured five more animals that escaped last week from an enclosure that wasn’t fully locked. As of Monday afternoon, 30 of the 43 R...
Posted: Nov 13, 2024
Reinsurance Group of America (RGA) , a global life and health reinsurer, has announced today that Ruby Re, a reinsurance sidecar vehicle sponsored by RGA and focused on the US asset-intensive market has successfully closed a second round of fundin...
Posted: Nov 13, 2024
North Carolina investment firm founder Greg Lindberg, already convicted this year on bribery charges, pleaded guilty to a separate $2 billion fraud. Lindberg, who founded Eli Global LLC, admitted in federal court in Charlotte on Tuesday that he bough...
Posted: Nov 13, 2024
Bermuda-based global specialty insurance group Ascot has received a minority investment from BellTower Partners LLC, a private holding company that invests permanent capital to acquire significant and influential ownership positions in private bus...
Posted: Nov 13, 2024
Global carbon dioxide emissions, including those from burning fossil fuels, are set to hit a record high this year, pulling the world further off course from averting more destructive climate extremes, scientists said on Wednesday. The Global Carbon...
Posted: Nov 13, 2024
The Insurance Development Forum (IDF), alongside its partners, has successfully delivered two parametric insurance products to help strengthen the financial resilience of flood-prone communities in Ghana. In response to the increasing flood risk a...
Posted: Nov 13, 2024
Aviva’s Lloyd’s business Probitas announced it began to quote for five new classes of business – marine (cargo, fine art & specie, and ports & terminals), construction, renewable energy, contingency/event cancellation, and mergers...
Posted: Nov 13, 2024
FEMA Fires Manager Who Told Staff to Skip Homes With Trump Signs A Federal Emergency Management Agency emplo...
Posted: Nov 13, 2024
Envelop Risk Launches Underwriting Division, Naming Ex-Dale Unde...
Posted: Nov 13, 2024
Safeco to Take Personal Lines Renewal Business of Main Street America Liberty Mutual's Safe...
Posted: Nov 13, 2024
General Motors will recall 461,839 vehicles over an issue with transmission, the National Highway Traffic Safety Administration said on Wednesday. The recall involves some models of 2020-2022 Chevrolet Silverado, GMC Sierra, 2021 Cadillac Escalade, C...
Posted: Nov 13, 2024
A new research report commissioned by Fathom and conducted by IFI Global reveals that the insurance industry is falling behind in establishing dedicated climate risk committees, suggesting that firms would benefit significantly from adopting them...
Posted: Nov 13, 2024
National insurance broker World Insurance Associates reports it acquired the business of Skylands Insurance Group of Flanders, New Jersey on August 1, 2024. Terms of the transaction were not disclosed. Skylands was founded in 2017 and provides commer...
Posted: Nov 13, 2024
Previsico, a provider of surface water flood forecasting, is introducing Instacasting, a next-generation flood mitigation solution. Instacasting uses the most accurate observed rainfall data available (rather than predicted data) to assess surface...
Posted: Nov 13, 2024