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Manulife announced a significant leap in implementing its Generative Artificial Intelligence.
Posted: Oct 02, 2024
FIDO is a developer of sensor-based technology and software platform designed for companies to get rid of leaks and save water.
Posted: Oct 02, 2024
Coverage comes withcomplimentary cybersecurity tools through Zeguro Cyber Navigator.
Posted: Oct 02, 2024
Skyward Specialty's expanded renewable energy offering now includes casualty coverage options.
Posted: Oct 02, 2024
Helene, Other Storms Dumped 40 Trillion Gallons of Rain More than 40 trillion gallons of rain drenched...
Posted: Oct 02, 2024
The news comes as Caroline Thompson transitions to newly formed cyber MGA Elixir.
Posted: Oct 02, 2024
U.S. Small Businesses See Job Growth Moderate Slightly in September The national jobs index...
Posted: Oct 02, 2024
OneShield, a leading provider of core system solutions to the insurance industry, is proud to announce a strategic alliance with Charlee.ai, an innovative AI platform specializing in machine learning and predictive analytics for insurance.
Posted: Oct 02, 2024
This partnership embeds comprehensive travel insurance options directly into Kasa’s booking platform.
Posted: Oct 02, 2024
The Louisiana of Department of Insurance (LDI) is warning residents to be cautious of online scams related to Hurricane Francine insurance claims. The LDI has detected an increase in online advertising activity related to Hurricane Francine, some of...
Posted: Oct 02, 2024
Overall agent satisfaction with insurers of both personal lines and commercial lines has held strong despite a challenging underwriting environment, says a new J.D. Power study, with commercial lines satisfaction reaching an all-time high. According...
Posted: Oct 02, 2024
AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Farmers Insurance Company of Flemington. AM Best said the...
Posted: Oct 02, 2024
Vaibhavi Mehta has joined CCR Re as Director of Underwriting (Life), a Paris-based role, following her year tenure at Reinsurance Group of America (RGA). Mehta brings to her new role 17 years’ experience within the field of reinsurance and consult...
Posted: Oct 02, 2024
Posted: Oct 02, 2024
The legal squabble between American International Group (AIG) and a startup-up formed by some former employees continued this week with another filing from Dellwood Insurance Group in support of its motion to dismiss AIG’s claims. Dellwood, in...
Posted: Oct 02, 2024
Broker Insights, a data and distribution platform linking UK insurance brokers with insurance companies, has named Barbara Miller as the Head of Broker Engagement, a newly established role. Miller brings two decades of experience in financial serv...
Posted: Oct 02, 2024
The Roman Catholic Diocese of Burlington, Vermont has filed for Chapter 11 bankruptcy protection as it continues to face lawsuits over sexual abuse by its former clergy members in a state with no statute of limitations on such claims. Bishop …
Posted: Oct 02, 2024
The Roman Catholic Diocese of Burlington, Vermont has filed for Chapter 11 bankruptcy protection as it continues to face lawsuits over sexual abuse by its former clergy members in a state with no statute of limitations on such claims. Bishop …
Posted: Oct 02, 2024
The Roman Catholic Diocese of Burlington, Vermont has filed for Chapter 11 bankruptcy protection as it continues to face lawsuits over sexual abuse by its former clergy members in a state with no statute of limitations on such claims. Bishop …
Posted: Oct 02, 2024
Liberty Mutual Reinsurance (LM Re), the reinsurance arm of Liberty Mutual, and Safehub, a technology provider in seismic sensor and risk management solutions, have entered into a partnership with the University of California (UC) to protect their...
Posted: Oct 02, 2024
Agent Satisfaction With Insurers Holds Strong Despite Market Challenge...
Posted: Oct 02, 2024
Authorities on Monday night ended a shelter-in-place order for more than 90,000 people east of Atlanta following a weekend chemical plant fire that sent a massive plume of dark smoke into the Georgia sky and led to complaints about a …
Posted: Oct 02, 2024
The International Longshoremen’s Association (ILA) went on strike on Tuesday, Oct 1. The strike is expected to affect more than 20 ports along the Eastern Seaboard and Gulf Coast, including the ports of New York and New Jersey, Baltimore and &#...
Posted: Oct 02, 2024
Specialty insurer Mosaic Insurance has appointed Francesca Harland as its Global Head of Professional Liability, replacing Anna Jay, who was named the company’s new Active Underwriter, Syndicate 1609, in July. According to the announcement, these...
Posted: Oct 02, 2024
The number of property insurance claims in Florida from Hurricane Helene had topped 65,700 by Tuesday, far more than the 25,000 seen in Hurricane Idalia a year ago, the Florida Office of Insurance Regulation reported. The total estimated insured loss...
Posted: Oct 02, 2024
The number of property insurance claims in Florida from Hurricane Helene had topped 65,700 by Tuesday, far more than the 25,000 seen in Hurricane Idalia a year ago, the Florida Office of Insurance Regulation reported. The total estimated insured loss...
Posted: Oct 02, 2024
Insurers are playing “pass the liability parcel” in a desperate fight against multi-billion dollar claims over aircraft stranded in Russia since the invasion of Ukraine two years ago, lawyers for aviation lessors told a London trial on We...
Posted: Oct 02, 2024
Independent insurance broker Lockton has launched a new dedicated Offshore Projects Practice to navigate complex Energy, Marine and Power risks, to be headed by Jack Swift, David Vajnai and Alex Morgan. The offshore industry faces challenges in se...
Posted: Oct 02, 2024
Insurance Business Magazine - US
Posted: Oct 02, 2024
Insurance Business Magazine - US
Posted: Oct 02, 2024
Cotton growers are facing devastating losses and delays from Hurricane Helene just as harvest was beginning, marking the latest blow to profits in an already weak market. The storm ripped through the cotton-growing regions of Georgia and the Carolina...
Posted: Oct 02, 2024
What is being called the first sensor-triggered earthquake parametric insurance policy in the U.S. was purchased by The University of California. Liberty Mutual Reinsurance, part of Liberty Mutual Insurance Group, and Safehub, a technology provider i...
Posted: Oct 02, 2024
Specialty insurer Beazley predicts that the cyber insurance market will grow from $15 billion in 2024 to $40 billion by 2030, driven by increasing demand due to rising cyber threats and costs, as the firm continues to manage its exposure amid prem...
Posted: Oct 02, 2024
US insurers saw a second consecutive year of declining income from their private equity investments, which fell to $7.7 billion in 2023, down from $10.2 billion in 2022, according to AM Best, the credit rating agency. A recent Best’s Special Repor...
Posted: Oct 02, 2024
This D&O product follows the refresh of RSA's Management Liability product last year.
Posted: Oct 02, 2024
Agent Satisfaction With Insurers Holds Strong Despite Challenges Overa...
Posted: Oct 02, 2024
U.S. East Coast Dockworkers Strike, Halting Half the Nation’s Ocean Shipp...
Posted: Oct 02, 2024
As historic floodwaters unleashed by Hurricane Helene recede across the US Southeast, the region faces a humanitarian, economic and ecological crisis of staggering scope, with effects likely to last years. Cotton crops on the verge of harvest have be...
Posted: Oct 02, 2024
Ageas Re, the reinsurance brand of international insurance firm Ageas, has appointed Sylvie Hirn to head its Credit & Bond business. In a statement, Joachim Racz, CEO Ageas Re, said: “Sylvie brings a wealth of experience both on the dire...
Posted: Oct 02, 2024
The road construction firm that employed six workers who were killed and another who was seriously injured in the collapse of Baltimore’s Key Bridge, along with its workers’ compensation carrier, have filed claims against the owner and op...
Posted: Oct 02, 2024
Pension Insurance Corporation plc (PIC), a specialist insurer for defined benefit pension schemes, has disclosed that in a recent poll of 140 trustees, consultants, and lawyers working in the bulk annuity market, 47% expected the market size next...
Posted: Oct 02, 2024
Insured industry losses from the flooding in the Czech Republic, Poland and Austria in September 2024 will range from €2 billion (US$2.2 billion) to €3 billion (US$3.4 billion), according to Verisk, the data analytics and technology provider. S&P...
Posted: Oct 02, 2024
A British man has been arrested and charged by U.S. authorities with hacking into the computers of five companies to obtain details about their expected earnings, and making $3.75 million of illegal profit by trading before results were released. The...
Posted: Oct 02, 2024
Markel, the insurance division of Markel Group Inc., has made three significant appointments as part of its strategy to expand its International Casualty portfolio and enhance its Wholesale Claims service for broker partners. Lauren Percival has b...
Posted: Oct 02, 2024
FCCI Insurance Group has introduced FCCI Specialty Insurance Company, now offering Excess and Surplus (E&S) lines coverage. This marks an important expansion of FCCI’s services, providing innovative coverage solutions for businesses across var...
Posted: Oct 02, 2024
Taiwan authorities completed the dramatic helicopter rescue of 19 crew members on a stricken ship, which foundered as Super Typhoon Krathon brings strong winds and heavy rains to the island. All those on the Barbados-registered “Blue LagoonR...
Posted: Oct 02, 2024
Global ratings agency AM Best announced that James A. Gillard Jr. will succeed Matthew C. Mosher as President of A.M. Best Rating Services, Inc. (AMBRS), effective September 30th, 2024. In his new role, he will assume Mosher’s responsibilities of...
Posted: Oct 02, 2024