All Posts

Trium Cyber leverages CyberCube’s Portfolio Manager to boost market growth

Reinsurance News

Trium Cyber, the authorised service company for Syndicate 1322 at Lloyd’s, is leveraging CyberCube’s cyber risk analytics platform, Portfolio Manager, along with its accompanying CyberConnect API product, to support market growth. Readers will rec...

Posted: Nov 08, 2024

Pro Global expands digital services capabilities with Kirsty Lovegrove at the forefront

Reinsurance News

Pro Global, an advisor in the specialist insurance sector, has announced the expansion and enhancement of its Digital Services capabilities, now led by Kristy Lovegrove, Group Head of Technology. This strategic initiative aligns Pro’s Global Digit...

Posted: Nov 08, 2024

Wright Flood partners with Orange to co-brand flood policies

Reinsurance News

Wright National Flood Insurance Company has announced its partnership with Orange Insurance Exchange (Orange) to co-brand flood policies. Wright Flood will service, administer, and issue flood coverage under the National Flood Insurance Program (N...

Posted: Nov 08, 2024

PIC concludes £190m buy-in with Atradius UK pension scheme

Reinsurance News

Pension Insurance Corporation plc (PIC), a specialist insurer for defined benefit pension schemes, has completed a £190 million buy-in of the accrued benefits in the Atradius UK Pension Scheme (The Scheme). The buy-in comprises 361 current pension...

Posted: Nov 08, 2024

US Supreme Court to Hear Facebook Bid to Escape Securities Fraud Suit

Insurance Journal

The U.S. Supreme Court is set on Wednesday to consider a bid by Meta’s Facebook to scuttle a federal securities fraud lawsuit brought by shareholders who accused the social media platform of misleading them about the misuse of its user …

Posted: Nov 08, 2024

UCLA and NOAA: Climate Change Baked Western US Despite the Rainfall

Insurance Journal

Even with all the storms the Western U.S. received in the last two years, climate change is baking the region. That’s because higher temperatures are increasing evaporation enough to cause drought, according to a study by UCLA scientists and Na...

Posted: Nov 08, 2024

CNN Must Face Project Veritas’ Defamation Lawsuit, Appeals Court Rules

Insurance Journal

A U.S. federal appeals court on Thursday revived a defamation lawsuit accusing CNN of defaming Project Veritas in its explanation of why the conservative group, which is often accused of using deceptive tactics, was suspended from Twitter in 2021. Th...

Posted: Nov 08, 2024

WTW appoints Karen Grote as Division LOB Leader for NA Life Practice

Reinsurance News

Global insurance brokerage WTW has appointed Karen Grote as Division Line of Business Leader for the North America Life Practice within Insurance Consulting & Technology (ICT). In her new role, Grote will drive growth and enhance client value...

Posted: Nov 08, 2024

15 Homes Evacuated As Crews Battle Another Wildfire In New Jersey

Insurance Journal

The latest forest fire to break out in New Jersey spurred authorities to evacuate more than a dozen homes Wednesday as crews worked to contain the blaze, but no injuries or property damage has been reported. The New Jersey Forest …

Posted: Nov 08, 2024

People Moves: Vantage Insurance Partners Names Butcher CEO

Insurance Journal

Vantage Insurance Partners, Inc., a New York-based insurance brokerage and risk management consulting firm, has announced the appointment of Jack Butcher as chief executive officer. Per a press release, Butcher has a “robust background in leadi...

Posted: Nov 08, 2024

Former UFC Fighter Wanted on Insurance Fraud Charges in Washington

Insurance Journal

A former UFC fighter is wanted in Washington for insurance fraud, among other charges. Bryan Caraway, originally from Richland, has landed on Washington Insurance Commissioner Mike Kreidler’s insurance fraud most wanted list after he failed to...

Posted: Nov 08, 2024

Pennsylvania Home Health Care Agency Ordered to Pay $810K in Back Wages, Damages

Insurance Journal

The U.S. Department of Labor has obtained a consent judgment requiring a Wyncote, Pennsylvania, home health care agency and its owner, Dominique Conner, to pay 196 direct care employees a total of $810,320 in back wages and liquidated damages for &#8...

Posted: Nov 08, 2024

Pennsylvania Home Health Care Agency to Pay $810K in Back Wages, Damages

Insurance Journal

The U.S. Department of Labor has obtained a consent judgment requiring a Wyncote, Pennsylvania, home health care agency and its owner, Dominique Conner, to pay 196 direct care employees a total of $810,320 in back wages and liquidated damages for &#8...

Posted: Nov 08, 2024

People Moves: California Commissioner Makes Appointments to Advisory Committees; Braud Joins Aspire...

Insurance Journal

Commissioner Lara Makes Appointments to CAARP Advisory Committee, COIN Advisory Board, CEA Advisory Panel and Curriculum Board California Insurance Commissioner Ricardo Lara made several appointments to California Department of Insurance committees a...

Posted: Nov 08, 2024

Trump Administration Seen as Likely to Dismantle ESG Rules

Insurance Journal

President-elect Donald Trump will likely move to dismantle ESG-related regulations in the US when he takes office in January. That would mean blocking Securities and Exchange Commission rules for corporate and fund disclosures, and Labor Department r...

Posted: Nov 08, 2024

The Vital Role Insurance Agents Play for Public Entities During an Election Year

Risk & Insurance

Agents and brokers are key players for public entities aiming to navigate changes during election season. Having the right carrier partner in place makes the job of the agent or broker that much more effective. The post

Posted: Nov 08, 2024

Zywave adds benchmarking to Cyber Quoting for enhanced coverage insights

Reinsurance News

Insurtech provider Zywave has announced the addition of embedded benchmarking to its Cyber Quoting solution, enabling brokers to access industry data and loss information from similar organisations, providing their clients with enhanced insights i...

Posted: Nov 08, 2024

Contego Acquires Investigation Specialists, Inc.

IIR

The acquisition will offer clients access to a comprehensive suite of investigative solutions, from fraud detection and SIU operations to surveillance and field investigations.

Posted: Nov 07, 2024

WTW Names Karen Grote Division LOB Leader North America Life Practice

IIR

Grote will be responsible for driving growth and enhancing client value across WTW’s Life Practice.

Posted: Nov 07, 2024

November ITL Focus: Workers' Comp

Insurance Thought Leadership

November ITL Focus: Workers' Comp Commercial Lines sradomski

Posted: Nov 07, 2024

Tips to Prevent Crashes After Daylight Saving Time Ends

Carrier Management

Tips to Prevent Crashes After Daylight Saving Time Ends Drivers are being reminded about some driving...

Posted: Nov 07, 2024

Renewable Energy Offers a Cost and Opportunity to Insurance Sector

Carrier Management

Renewable Energy Offers a Cost and Opportunity to Insurance Sector Policyholders in the renewable energy ins...

Posted: Nov 07, 2024

The Latest Launches from Earnix, Coterie, Zywave

Carrier Management

The Latest Launches from Earnix, Coterie, Zywave Earnix, a global provider of...

Posted: Nov 07, 2024

Liberty Mutual Quadruples Q3 Net Income Despite Catastrophe Losses

Carrier Management

Liberty Mutual Quadruples Q3 Net Income Despi...

Posted: Nov 07, 2024

AI Adoption Grows for Extreme Weather Risk Assessment

Risk & Insurance

AI and machine learning models gain traction in climate risk assessment, but the insurance industry remains divided on accuracy, a survey by ZestyAI finds. The post

Posted: Nov 07, 2024

SageSure partners with Auros

coverager

Auros received its certificate of authority in Mississippi earlier this year and has $25 million in initial policyholder surplus.

Posted: Nov 07, 2024

CFC launches dedicated European corporate cyber team

coverager

CFC has hired Ilaria Silvato as Corporate Cyber & Tech EMEA Team Leader to build the European based team and drive the growth of CFC’s corporate cyber business.

Posted: Nov 07, 2024

The Hartford partners with Empathy

coverager

Empathy offers legacy planning as well as services for people dealing with loss.

Posted: Nov 07, 2024

Climate, Geopolitical Conflict and Cyber Risks Top Concerns in Latest AXA Survey

Carrier Management

Climate, Geopolitical Conflict and Cyber Risks Top Concerns in Latest A...

Posted: Nov 07, 2024

Missouri Farmer Who Stars in Reality TV Series Pleads Guilty Crop Insurance Fraud

Insurance Journal

A Missouri farmer who appears in a reality TV show about his family’s farming operation pleaded guilty this week to a multi-million dollar fraud scheme involving federal crop insurance benefits. Steve A. McBee, 52, waived his right to a grand &...

Posted: Nov 07, 2024

Missouri Farmer Who Stars in Reality TV Series Pleads Guilty to Crop Insurance Fraud

Insurance Journal

A Missouri farmer who appears in a reality TV show about his family’s farming operation pleaded guilty this week to a multi-million dollar fraud scheme involving federal crop insurance benefits. Steve A. McBee, 52, waived his right to a grand &...

Posted: Nov 07, 2024

People Moves: Grange Insurance Names Carter VP, PL Sales & Strategic Distribution

Insurance Journal

Grange Insurance Company, headquartered in Columbus, Ohio, named Nicole Carter as vice president, public liability sales and strategic distribution, effective Jan. 1, 2025. Carter has nearly 30 years of experience in the insurance industry. Before jo...

Posted: Nov 07, 2024