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Insurance Business Magazine - US
Posted: Sep 06, 2024
Insurance Business Magazine - US
Posted: Sep 06, 2024
Posted: Sep 06, 2024
Posted: Sep 06, 2024
Hard Market ‘Supercycle’ Likely to Be Prolonged: Lloyd’s CEO Neal l.Now that the market has a...
Posted: Sep 06, 2024
No Enforcement of Business-Created California Gig Worker Law Nea...
Posted: Sep 06, 2024
New New York State Law Mandates Panic Buttons for Large Retailers New York Governor Kathy Hochul on Thursday signed a new law requiring retailers to boost safety protections for store workers, including requiring major chains to add panic buttons in...
Posted: Sep 06, 2024
The Louisiana Department of Insurance announced that registration for the next round of Louisiana Fortify Homes Program (LFHP) grants will open at 8 a.m. on Wednesday, September 18, and close at 5 p.m. on Friday, September 20. While previous grant &#...
Posted: Sep 06, 2024
The Iowa Insurance Division entered into a consent order with a Midwest roofing contractor on Sept. 5 following a June cease and desist order against contractors acting as unlicensed public adjusters. IID alleges that AmeriPro Roofing solicited busin...
Posted: Sep 06, 2024
Drought across the central US is shrinking the Mississippi River, sending barge rates soaring and threatening to roil shipments of everything from corn to gasoline. Dry conditions across the Ohio River basin, which feeds the Mississippi, have worsene...
Posted: Sep 06, 2024
During Guy Carpenter’s virtual media briefing, the firm’s Global Co-Heads of Cyber discussed the growing demand for cyber reinsurance, which has been met with ample supply in the reinsurance markets. Erica Davis, Global Co-Head of Cyber at Guy Car...
Posted: Sep 06, 2024
The owners of London’s ExCel conference center on Friday won an appeal brought by insurers, including Allianz, over pandemic-related losses, which its lawyers said could help thousands of other policyholders. London International Exhibition Cen...
Posted: Sep 06, 2024
ROUND LAKE, Ill. (AP) — Nineteen people have been hurt after a jail transport van collided Wednesday with another vehicle and struck a pole in northeastern Illinois. Sixteen prisoners were in the van that was traveling to the McHenry County …
Posted: Sep 06, 2024
Reinsurers enjoy strong financial results as insurers retain more of losses, but must lean in to risks to maintain relevance, Aon reports. The post
Posted: Sep 06, 2024
Insurance holding company W. R. Berkley Corporation has appointed Antonio Q. L. Rhodes as President of Berkley Mid-Atlantic Insurance Group (BMAG), a Berkley subsidiary, effective immediately. Rhodes is an industry veteran with nearly two decades...
Posted: Sep 06, 2024
The legacy insurance market is evolving, with the strongest players continuing to adapt and thrive, reinforcing their critical role in the global re/insurance industry, says Kevin Gill, Chairman of the Insurance & Reinsurance Legacy Associatio...
Posted: Sep 06, 2024
The U.S. Transportation Department said on Thursday it is awarding $1 billion for a series of projects aimed at reducing traffic crashes, as road deaths remain sharply higher than pre-pandemic levels. The department separately on Thursday estimated t...
Posted: Sep 06, 2024
According to a recent Reinsurance News poll, sustaining price levels is perceived as the main focus of conversations for reinsurers at the 66th Rendez-Vous de Septembre (RVS) in Monte Carlo. With the global reinsurance industry soon to meet at RVS...
Posted: Sep 06, 2024
This brings Thatch's total funding to $44 million.
Posted: Sep 06, 2024
The company also plans to introduce new, targeted insurance products.
Posted: Sep 06, 2024
These promotions reflect Zurich North America's strategic focus on strengthening its regional management and distribution strategies under Maddox and Forster’s leadership.
Posted: Sep 06, 2024
New property insurance product available for homeowners, tenants, condominium and landlord policies in Ontario and Western Canada
Posted: Sep 06, 2024
MSI is the largest non-life insurance group in the ASEAN region by gross written premiums and has identified health insurance as a key area for growth.
Posted: Sep 06, 2024
Wainwright will succeed Jaimie Sach, who is retiring after serving as Chief Risk Officer at Zurich since 2019 and a distinguished 30-year career in the wealth industry.
Posted: Sep 06, 2024
Insurance Business Magazine - US
Posted: Sep 06, 2024
Insurance Business Magazine - US
Posted: Sep 06, 2024
Alera Group said its president, Jim Blue, will become the firm’s chief executive officer, effective January 1, 2025. Blue will succeed Alan Levitz, who will become Alera Group’s Executive Chairman. Levitz’ focus will include identif...
Posted: Sep 06, 2024
Program administrators can engage students to build organizational strength By Elisabeth Boone, CPCU In a Target Markets Professional Administrators Association presentation titled “Elevate Your Workforce: Accessing Student Talent,” Tandeka Nomvete,...
Posted: Sep 06, 2024
Specialist managing general underwriter, New Energy Risk (NER), a wholly owned division of Paragon Insurance Group, and CAC Specialty, an insurance broker have partnered with Erthos, a large-scale renewable energy technology company to develop an...
Posted: Sep 06, 2024
JACKSON, Miss. (AP) — The state of Mississippi is suing drug manufacturers and pharmacy benefit managers alleging that opioids were over-prescribed. Attorney General Lynn Fitch, a Republican, filed the suit Thursday in Hinds County Chancery Court in...
Posted: Sep 06, 2024
AXA XL, the re/insurance company, has named Arti Rawal as Chief Underwriting Officer for the Middle Market segment in Canada. Rawal will head the newly formed Middle Market team in Canada and will report to Matthew Waters, Head of Middle Market fo...
Posted: Sep 06, 2024
Fitch Ratings announced that it shifted its outlook on the global reinsurance sector to neutral yesterday but the downward shift came with an expectation of continued profitability—and a forecasted combined ratio around 90 in 2025. The revision—from...
Posted: Sep 06, 2024
DETROIT (AP) — About 1,000 workers at a General Motors joint venture electric vehicle battery plant in Spring Hill, Tennessee, will get big pay raises now that they have joined the United Auto Workers union. GM and LG Energy Solution …
Posted: Sep 06, 2024
The power of restrictive covenants By Elisabeth Boone, CPCU In today’s competitive business landscape, safeguarding company interests is paramount. Program administrators had the opportunity to learn about the critical role of restrictive covenants i...
Posted: Sep 06, 2024