All Posts
This collaboration allows Ryan clients to leverage Optifino’s technology.
Posted: Aug 16, 2024
Stillwater Insurance will leverage Simplifai’s Claims Intake Solution to streamline their intake of claims-related emails and attachments.
Posted: Aug 16, 2024
Coverage is tailored specifically for Independent Service Providers and Independent Contractors.
Posted: Aug 16, 2024
Posted: Aug 16, 2024
Cowbell Prime One is now available on the Acturis platform.
Posted: Aug 16, 2024
A lifelong lover of liverwurst, Sue Fleming relished the smoked sausage her husband brought home every few weeks from the grocery store deli. Patrick Fleming always made sure to buy Boar’s Head braunschweiger, the type she liked best, even thou...
Posted: Aug 16, 2024
Aon projects employer-sponsored health care costs will surpass $16,000 per employee in 2025, driven by medical claims and specialty drugs. The post
Posted: Aug 16, 2024
Worldwide Printing and Distribution, Inc., doing business as ResourceOne, a Tulsa, Oklahoma commercial printing, direct mailing and direct marketing company, will pay $47,500 and furnish other relief to resolve a harassment lawsuit filed by the U.S....
Posted: Aug 16, 2024
The cost of employer-sponsored health care in the US is expected to increase by 9.0 percent in 2025, bringing the average expense per employee to over $16,000, according to Aon, a global professional services firm. This expected rise assumes that...
Posted: Aug 16, 2024
Moody’s Ratings has upgraded the insurance financial strength (IFS) ratings of Talcott Resolution Life Insurance Company and Talcott Resolution Life and Annuity Insurance Company from Baa2 to Baa1. The company also upgraded the senior unsecured de...
Posted: Aug 16, 2024
Florida authorities have arrested a well-known southwest Florida insurance agent, charging him with larceny and embezzlement of premiums. Reid McDaniel, 33, who was named the honorary mayor of North Fort Myers last year but who also was facing a negl...
Posted: Aug 16, 2024
EAST LANSING, Mich. (AP) — Michigan State has been sued over the Adolf Hitler question that appeared on Spartan Stadium screens before a game last season, with the quiz’s creator saying the university didn’t have permission to use its pro...
Posted: Aug 16, 2024
On the back of de-risking and diversifying actions, global reinsurers are showing more resilience than in previous cycles, in part thanks to positive underwriting margins, higher reinvestment rates, and diversification, according to a recent AM Be...
Posted: Aug 16, 2024
The family of Casey Goodson Jr., a Black man who was shot and killed by an Ohio sheriff’s deputy, will receive $7 million to settle a federal civil rights lawsuit over the December 2020 shooting. The Franklin County Board of …
Posted: Aug 16, 2024
Despite ongoing challenges, excess capacity and increased competition are driving rate softening for airline insurance as the market reaches the midpoint of the year, according to Gallagher Specialty. Lower average claims alongside the higher rate...
Posted: Aug 16, 2024
According to a recent report by Boston Consulting Group (BCG), the insurance industry is lagging behind other sectors in adopting generative AI (GenAI), with 40% of insurance companies showing minimal or no use of this technology. The report inclu...
Posted: Aug 16, 2024
A federal safety agency is recommending that air tours and other commercial aircraft operators be required to have certificated dispatchers to help pilots plan their flights. The National Transportation Safety Board said Tuesday that and other recomm...
Posted: Aug 16, 2024
MNRB Holdings Berhad (MNRB), has released its financial results for the first quarter ended 30 June 2024 (Q1 FY2025), which includes an RM86.1 million ($19.42 million) net profit from Malaysian Re, the company’s reinsurance and retakaful bus...
Posted: Aug 16, 2024
Insurance Business Magazine - US
Posted: Aug 16, 2024
Hard Reinsurance Prices Likely to Last Longer Than in Previous Market Cycles:...
Posted: Aug 16, 2024
Bad Cops No More: Friendlier Auto Insurers Needed for Telematics Future Radical c...
Posted: Aug 16, 2024
A U.S. judge on Wednesday said he was planning to issue an order forcing Alphabet’s Google to give Android users more ways to download apps, but would not micromanage the tech giant’s business, following a jury verdict last year for ̷...
Posted: Aug 16, 2024
According to a recent report from Aon, with appropriate risk controls in place, Funded Reinsurance (Funded Re) transactions can support greater new business volumes in the bulk annuity market over time. This statement from Aon follows the Prudenti...
Posted: Aug 16, 2024
As wildfires scorched swaths of land in the wine country of Sonoma County in 2020, sending ash flying and choking the air with smoke, Maria Salinas harvested grapes. Her saliva turned black from inhaling the toxins, until one day she …
Posted: Aug 16, 2024
CLARA Analytics, a provider of artificial intelligence (AI) technology for insurers, has announced the launch of Claims Document Intelligence Pro, a new product designed to revolutionise insurance claims optimisation. The introduction of Claims Do...
Posted: Aug 16, 2024
Property and casualty (P&C) insurer Skyward Specialty has bolstered its regional Contract Surety teams with a number of key appointments. Firstly, in its Northeast region, the P&C insurer has appointed Gregg Callahan as regional vice presi...
Posted: Aug 16, 2024
A European Union satellite mapping agency says 104 square kilometers (40 square miles) of land was burned northeast of Athens this week during a deadly wildfire that gutted scores of homes and prompted multiple countries to send assistance. The Coper...
Posted: Aug 16, 2024
Rokstone, a speciality re/insurance MGA and part of Aventum Group, has announced the appointment of Laurence (Larry) Burrows as Head of its newly established US Excess Casualty division. Rokstone’s U.S. Excess Casualty division will cover a...
Posted: Aug 16, 2024
A cautious deployment of capital has contributed to reinsurance discipline, AM Best analysts have highlighted, as they continue to observe the lack of new entrants in the market that typically feature in previous hard cycles. “Historical underperf...
Posted: Aug 16, 2024
“We’ve seen a growing openness to the possibility of shipping via rail, moving away from the traditional focus on trucking. This shift can be attributed to several factors, including the rail industry’s environmental friendliness and its potential...
Posted: Aug 16, 2024
When Turkish lender Denizbank paid more than $350 million for the building that houses its headquarters in April, the purchase cemented the bank’s place in Istanbul’s most expensive commercial district. Yet, almost as soon as the ink had...
Posted: Aug 16, 2024
Global insurance and reinsurance broking group Aon has announced three senior appointments to strengthen its EMEA Transportation and Logistics team. Jan Steven Kelder has been named Industry Specialty Leader, Transportation and Logistics, EMEA. In...
Posted: Aug 16, 2024
This post is part of a series sponsored by PCF Insurance Services. PCF Transportation Practice Leader, Tim Good, leads a discussion with Erika Wilson, Producer from Good’s Insurance, a PCF company, about the importance of the FMCSA Drug and Alc...
Posted: Aug 16, 2024
United Insurance Brokers Limited (UIB) has hired Hugo Cardona to lead its Latin America and Caribbean treaty reinsurance business out of Miami. Cardona joins from Wind Field International LLC, where he served for over six years, chiefly as Managin...
Posted: Aug 16, 2024
ATL, a broker specialising in commercial (re)insurance solutions, has strengthened its leadership team by appointing Álvaro Mier as joint Chief Operating Officer and Chief Financial Officer. Mier brings over 15 years of experience in global financ...
Posted: Aug 16, 2024