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Property & casualty insurer Skyward Specialty has announced that it is launching an aviation program in partnership with Acceleration Aviation Underwriters. According to the announcement, the partnership between the two firms introduces a prog...
Posted: Aug 19, 2024
The creeks around East Palestine, Ohio, were so badly contaminated by last year’s disastrous Norfolk Southern derailment that some workers became sick during the cleanup. Workers who reported headaches and nausea — while shooting compressed air...
Posted: Aug 19, 2024
Global re/insurance broker Aon has unveiled its Directors and Officers (D&O) Risk Analyzer, a new digital offering designed to enable risk managers and brokers to better assess executive risks and tailor more impactful insurance programs. Part...
Posted: Aug 19, 2024
Skyward Specialty is a specialty insurance company based in Texas.
Posted: Aug 19, 2024
The Home IHP product offers a more "sophisticated pricing model and enhanced speed to market."
Posted: Aug 19, 2024
Insurance Business Magazine - US
Posted: Aug 19, 2024
The company is now available in seven states.
Posted: Aug 19, 2024
The company has partnered with Acceleration Aviation Underwriters.
Posted: Aug 19, 2024
Insurance Business Magazine - US
Posted: Aug 19, 2024
Mainsail provides property and casualty insurance coverage.
Posted: Aug 19, 2024
The tool is the latest release in a suite of new offerings that use data and analytics.
Posted: Aug 19, 2024
Founded in 2013, Caresyntax's platform collects, integrates, and analyzes data before, during, and after surgical operations.
Posted: Aug 19, 2024
LITTLE ROCK, Ark. (AP) — Arkansas Gov. Sarah Huckabee Sanders issued an emergency declaration Saturday after severe thunderstorms knocked down power lines in the northwestern part of the state. Storms with strong winds blew through that part of the s...
Posted: Aug 19, 2024
The Michigan Department of Insurance and Financial Services (DIFS) released a bulletin this month addressing the growing use of artificial intelligence in the insurance industry. The bulletin clarifies DIFS’ expectations and outlines the respon...
Posted: Aug 19, 2024
The Insurance Development Forum (IDF), a public-private partnership led by the re/insurance industry and supported by the UN, has welcomed Andreas Berger, Group CEO of Swiss Re, as the newest member of its Steering Committee. Swiss Re has been at...
Posted: Aug 19, 2024
Total reconstruction costs in the U.S. rose by 5.2% from July 2023 to July 2024. That’s a large increase from the cost growth from July 2022 to July 2023 (4.0%) and over the cost growth in the second quarter (1.6%), …
Posted: Aug 19, 2024
Diverging trends continue for Life and P&C insurance so far, with the former seeing earnings exceeding expectations while the latter experiences growth that underperformed expectations, according to Morgan Stanley. In a recent update regarding...
Posted: Aug 19, 2024
NEW BROCKTON, Ala. (AP) — A 14-year-old football player in Alabama died Tuesday after collapsing during afternoon practice. Semaj Wilkins, a freshman at New Brockton High School, suffered a medical emergency early in practice Tuesday afternoon, Coffe...
Posted: Aug 19, 2024
SiriusPoint, a global specialty insurer and reinsurer, has announced the appointment of Xander Butcher as Senior Underwriter, Energy Liabilities for its London Energy team. John Hopper, Head of Energy at SiriusPoint, expressed enthusiasm about But...
Posted: Aug 19, 2024
California Insurance Commissioner Ricardo Lara has invited public input as he begins the final phase of approving a “first of its kind” catastrophe modeling and ratemaking regulation that “will help restore options for all Californi...
Posted: Aug 19, 2024
DALLAS (AP) — An attorney for the parents of a Texas student accused of killing 10 people in a 2018 school shooting near Houston told trial jurors Friday that they didn’t know their son would have a psychotic breakdown. Lawyers …
Posted: Aug 19, 2024
Houston’s Skyward Specialty Insurance Group announced it is launching an aviation program in partnership with Acceleration Aviation Underwriters. The partnership between Skyward Specialty and Acceleration Aviation introduces a robust program th...
Posted: Aug 19, 2024
To achieve net-zero emissions, where emissions and removals of greenhouse gas pollution balance each other out, governments and corporations must do two things: cut emissions as much as possible and remove any residual pollution from the atmosphere....
Posted: Aug 19, 2024
Construction Defects Are Not Covered Property Damage in Commercial Liability Polic...
Posted: Aug 19, 2024
Mutating Mpox Virus Poses Challenges to Containment Efforts Change...
Posted: Aug 19, 2024
Australian insurer Suncorp recorded AUD 135 million of reinsurance recoveries for the financial year ended June 30th, 2024, as the total cost of natural hazard events in the period came in below the Group’s allowance. Announcing its financia...
Posted: Aug 19, 2024
An employee of a rural Kansas school district repeatedly shoved a teenager with Down syndrome into a utility closet, hit the boy and once photographed him locked in a cage used to store athletic equipment, a lawsuit claims. The suit …
Posted: Aug 19, 2024
Australian insurance broker AUB Group has entered into an equity partnership with Movo Group, a UK insurance broking business. The transaction is subject to regulatory approval. AUB has agreed to acquire an 80% equity stake in Movo, including: Aut...
Posted: Aug 19, 2024
Qatar Insurance Company (QIC), has posted a net profit of QAR 360 million ($98.9 million) for the first half of 2024, representing an 11% increase from QAR 325 million ($89.2 million) from the prior year period. At the same time, the organisation&...
Posted: Aug 19, 2024
Senior figures in the insurance industry are calling on the UK to restart work on a potential new market worth billions of pounds as part of a drive to boost competitiveness. Executives have written to Chancellor Rachel Reeves calling for …
Posted: Aug 19, 2024
French reinsurer SCOR plans to centralise its operations in the Asia-Pacific (APAC) region by merging its existing Life and Health (L&H) divisions—L&H Fast Growth Markets APAC and L&H Mature Markets APAC—into a single entity, SCOR L...
Posted: Aug 19, 2024
Rhode Island Gov. Dan McKee announced Friday that the state has filed a lawsuit against 13 companies that provided design, construction and inspection services related to the troubled Washington Bridge. The bridge was partially shut down over safety...
Posted: Aug 19, 2024
According to a new AM Best report, the capacity level in the insurance-linked securities (ILS) segment continues to grow at a “modest” pace, aligning with market demand rather than exceeding it. As per the rating agency’s report,...
Posted: Aug 19, 2024
Helvetia, a Swiss insurance group, has named Bernhard Kaufmann as the Group’s Chief Risk Officer, who will also join the Group’s Executive Board at the beginning of November. In May 2024, Helvetia merged its Group Risk Management into...
Posted: Aug 19, 2024
ICEYE, a provider of satellite-powered disaster management solutions, has launched four new synthetic aperture radar (SAR) satellites, further expanding its constellation to enhance data granularity and increase the frequency of analysis for its c...
Posted: Aug 19, 2024
Rokstone, the Aventum Group’s international re/insurance MGA, has announced a multi-year, multi-strategy capacity agreement with Accredited Insurance Program Management. As per Rokstone, the enhanced financial strength and expanded capabilities of...
Posted: Aug 19, 2024
Australian insurer Suncorp Group has revealed that net profit after tax for FY2024 was $1.197 billion, up from $1.071 billion in 2023, while cash earnings increased to $1.372 billion from $1.177 billion. Suncorp also recorded a higher net investme...
Posted: Aug 19, 2024
Zurich Singapore has appointed Nixon Ooi as Head of Accident and Health, reporting to Alexandra Cowley, Chief Underwriting Officer, Singapore. Ooi’s remit in this role will include leading underwriting, portfolio management and proposition d...
Posted: Aug 19, 2024
Posted: Aug 19, 2024
NormanMax Insurance Holdings, the specialist parametric underwriter and operator of the only dedicated parametric syndicate at Lloyd’s, has bolstered its leadership team with two key appointments, with Daniel Turgel joining the firm as Chief...
Posted: Aug 19, 2024
Venture capital firm RB Ventures has launched in Dubai established by Rohit Boda, Managing Director at India-headquartered re/insurance broker J.B. Boda Group. RB Ventures will facilitate venture capital investments into re/insurance, insurtechs a...
Posted: Aug 19, 2024
Rokstone, part of the Aventum Group, appointed Laurence (Larry) Burrows as head of a new US Excess Casualty division. Burrows has over 15 years of experience specializing in US casualty, latterly as a liability underwriter for Convex for the last ...
Posted: Aug 19, 2024
Europe is spending tens of billions of euros a year to fight wildfires, yet it hasn’t stopped blazes from flaring up across Greece and other parts of the continent this summer. This week fires on the outskirts of Athens engulfed …
Posted: Aug 19, 2024
A strategy that’s delivered specialist investors huge returns is now facing scrutiny, amid concerns that its risk-reward dynamics might be skewed against some issuers. Catastrophe bonds, which are issued by insurers, reinsurers and governments...
Posted: Aug 19, 2024
Ford Motor is recalling about 85,000 Explorer SUVs equipped with the Police Interceptor Utility package over concerns of an engine fire, the National Highway Traffic Safety Administration said on Friday. In the event of a motor failure, oil and fuel...
Posted: Aug 19, 2024
Freeway Insurance, a division of Confie, a large personal lines agency and brokerage in the United States, has expanded with six new franchises in Florida, Georgia, Tennessee and California. In south Florida James Ospina will head the office in Boynt...
Posted: Aug 19, 2024