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Kama Moseley, JD, PLCS, CAPI, has joined Alliant Insurance Services as Senior Vice President, Producer with Alliant Private Client. Alliant Private Client. Alliant said that Kansas-based Moseley will enhance the national brokerage’s presence in...
Posted: Oct 11, 2024
TOYAH — After a restless night of sleep, Elida Machuca texted her neighbor, searching for answers. The air around her house in this West Texas town stunk of rotten eggs. “Last night, about 1 a.m., it was so bad we …
Posted: Oct 11, 2024
People who lived near the disastrous East Palestine derailment last year should still be able to receive personal injury payments even while the bulk of their $600 million class action settlement with Norfolk Southern railroad remains on hold during...
Posted: Oct 11, 2024
Insurance agents and carriers in the path of Hurricane Milton reported only minor damage to their own offices and homes but a rapidly growing number of claims from residential and commercial policyholders for roof, flood and auto damage. The Florida...
Posted: Oct 11, 2024
Strategic Risk Solutions (SRS), an independent provider of insurance, reinsurance and captive management and consulting services, has announced that Konrad Baumann has joined SRS Switzerland as a General Manager of SRS Europe. He joins the organis...
Posted: Oct 11, 2024
Insurance Business Magazine - US
Posted: Oct 11, 2024
Insurance Business Magazine - US
Posted: Oct 11, 2024
Insurance Business Magazine - US
Posted: Oct 11, 2024
Tego Insurance, a leading Australian medical malpractice insurer, successfully went live with Five Sigma’s AI-Native claims management platform in August – just 9 weeks after kick-off.
Posted: Oct 11, 2024
According to the latest forecasting report by the Insurance Information Institute (Triple-I) and collaborating partner, Milliman, the first-half economic and underwriting results for the US property and casualty (P&C) industry were better than...
Posted: Oct 11, 2024
Employer health insurance premiums rise 7% to $25,572 for families in 2024, while coverage of new weight-loss drugs remains limited, KFF survey finds. The post
Posted: Oct 11, 2024
Altus Consulting, a specialist in Financial Services Management Consultancy, has released a whitepaper titled All Aboard for Modernisation: Next Stop Underwriting, which discusses the insurance industry’s imminent next phase of modernisation...
Posted: Oct 11, 2024
Fitch Ratings expects Hurricane Milton to cause between $30 billion and $50 billion in insured losses to push total industry losses in 2024 above $100 billion for the fifth straight year. The range of losses expected by rating agency Fitch …
Posted: Oct 11, 2024
Act immediately to prevent harassment as defined by federal and state anti-discrimination laws. The post Social Media and the Workplace — It’s Complicat...
Posted: Oct 11, 2024
The Hawaii Supreme Court's ruling limiting insurance coverage in a climate-change lawsuit could have far-reaching implications for the fossil fuel industry. The post
Posted: Oct 11, 2024
A new integrated insurance and asset management platform has been created through the strategic combination of investment company Westaim, global institutional asset manager Arena, and Ceres Life, a cloud-native, highly scalable annuity platform t...
Posted: Oct 11, 2024
MIC Global (MIC), the full-stack embedded micro insurance provider, announced it has applied to become a Lloyd’s coverholder of Greenlight Re’s Syndicate 3456, subject to applicable approvals. This strategic move marks a strengthening of...
Posted: Oct 11, 2024
MIC Global (MIC), the full-stack embedded micro insurance provider, announced it has applied to become a Lloyd’s coverholder for Greenlight Re’s Syndicate 3456, subject to applicable approvals. This strategic move marks a strengthening of...
Posted: Oct 11, 2024
J.P. Morgan’s equity analyst team have stated that hurricane Milton is likely to have exhausted much of catastrophe budgets for Q4’24 in general, with the remainder of the quarter yet to come. Ultimately, analysts noted that they see t...
Posted: Oct 11, 2024
InsurTech Intelligent AI has partnered with the Building Cost Information Service (BCIS) to launch a new AI-driven property rebuild cost platform. The Intelligent Rebuild Cost Platform (IRCP) was developed through Lloyd’s Lab in collaboratio...
Posted: Oct 11, 2024
Storm Weakened But Still Brought 120-mph Winds to St. Petersburg Area Hurricane Milton’s devastating path across Florida has left at least 10 dead, millions without power, and destroyed homes and crops, as authorities warn it could take days to...
Posted: Oct 11, 2024
S&P Global Ratings, a provider of credit ratings and financial analytics, is closely monitoring the situation surrounding Hurricane Milton. The organisation believes that Florida has effectively strengthened its reserves and liquidity in prepa...
Posted: Oct 11, 2024
The company that owns the New York Mets professional baseball team is the target of a class action lawsuit alleging the organization collects and profits from fans’ biometric information at its stadium, CitiField, in violation of the city’...
Posted: Oct 11, 2024
Marsh, the insurance broking and risk advisory subsidiary of Marsh McLennan, has appointed Will Thomas-Ferrand as International Practice Leader, Marsh Captive Solutions, a London-based role. He will assume the leadership of Marsh’s captive insuran...
Posted: Oct 11, 2024
Bayer must pay $78 million to a Pennsylvania man who said he got cancer from using the company’s Roundup weedkiller, a state court jury in Philadelphia found on Thursday. The verdict follows previous consecutive victories for Bayer in that cour...
Posted: Oct 11, 2024
International insurance group Ageas has confirmed that it has entered into exclusive negotiations to ink two major deals with Saga plc, a UK specialist provider of products and services to people aged over 50. The proposed transaction would see bo...
Posted: Oct 11, 2024
TreviPay is a B2B payments and invoicing network.
Posted: Oct 11, 2024
TPD cover provides a lump sum payment if an individual becomes totally and permanently disabled and is unable to work.
Posted: Oct 11, 2024
A replica of a World War I-era fighter plane caught fire and crashed during an airshow in upstate New York, killing the pilot, according to police. Brian Coughlin, 60, died Saturday after the Fokker D.VIII replica went down during an …
Posted: Oct 11, 2024
Commercial property insurer, FM Global which recently rebranded as FM, has received an upgrade in its financial strength rating to ‘AA-’ from ‘A+,’ by S&P Global Ratings, reflecting its ‘very strong’ competitive profile, innovative risk engine...
Posted: Oct 11, 2024
Economic and financial challenges (43%), cyber threats (39%) and people-related risks (38%) are the top three concerns facing UK businesses over the next 12 months, according to new research by Marsh McLennan. The findings come from Marsh’s UK...
Posted: Oct 11, 2024
MIC Global (MIC) intends to become a Lloyd’s coverholder of Greenlight Re’s Syndicate 3456 (S3456), subject to applicable approvals, a strategic move that marks a strengthening of the partnership between both companies. MIC is focused on embedding...
Posted: Oct 11, 2024
The Ardonagh Group has confirmed it has completed the acquisition of PSC Insurance Group Limited. As per the insurance broking platform, the completion of this acquisition in the APAC region sees PSC’s operations in Australia and New Zealand now c...
Posted: Oct 11, 2024
Lloyd’s of London, the specialist insurance and reinsurance marketplace, has added Jane Warren of Liberty Corporate Capital Limited, to the Lloyds Council and announced her election as a Corporate External Member of the Council. According to...
Posted: Oct 11, 2024
Whitehaven Coal Ltd., one of Australia’s largest coal producers, shelved a planned special purpose vehicle originally intended to provide in-house insurance after finding external insurers willing to take on the risk. The development follows Sy...
Posted: Oct 11, 2024
According to Fitch Ratings, Hurricane Milton is not likely to affect credit for its rated P&C insurers and global reinsurers given very strong capital levels, though Florida property insurance specialists are vulnerable to the extent the hurri...
Posted: Oct 11, 2024
Africa Specialty Risks (ASR), a pan-African and Middle East focused re/insurance group, has announced the appointment of Amit Khilosia as Chief Distribution Officer, an UK-based role. In his new role, Khilosia will lead ASR’s distribution efforts...
Posted: Oct 11, 2024
With Hurricane Milton’s insured losses likely to be more modest than initially feared, the equity analyst team at Jefferies has suggested that it will probably be a large earnings event and is not expected to drive up property reinsurance ra...
Posted: Oct 11, 2024
Posted: Oct 11, 2024