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Cresso is backed by Cypress Ridge Capital, a growth equity firm focused exclusively on healthcare.
Posted: Aug 09, 2024
Partnership to launch in 2024-25 season and will include community initiative focused on early childhood education.
Posted: Aug 09, 2024
The flagship product, Fair Protect, covers essential systems in vehicles from 2014 and newer.
Posted: Aug 09, 2024
The newly combined group is now ranked as the No. 1 advisor for global M&A transactions in 2023 across the insurance, asset management (including wealth management), and financial services sectors (excluding depositories).
Posted: Aug 09, 2024
The transaction is expected to close in the fourth quarter of 2024.
Posted: Aug 09, 2024
Hiscox spent $50 million on marketing in the first half of the year, a more than 30% increase compared to last year.
Posted: Aug 09, 2024
Posted: Aug 09, 2024
Posted: Aug 09, 2024
Insurance Business Magazine - US
Posted: Aug 09, 2024
European Insurers Enjoy Big Profits After Premium Hikes Several European insurers recorded bumper first-...
Posted: Aug 09, 2024
BISMARCK, N.D. (AP) — A federal judge in North Dakota has thrown out the remainder of a lawsuit by an Arizona man who alleged excessive force was used against him when he was protesting the Dakota Access oil pipeline. In …
Posted: Aug 09, 2024
An Edmond, Oklahoma contractor with a history of workplace safety violations dating back to 2018, including three related to the dangers in underground trenches, was found disregarding U.S. Department of Labor regulations. In February 2024, investiga...
Posted: Aug 09, 2024
McALLEN — A federal court struck down a regulatory agency’s authorization of two controversial, multi-billion-dollar gas export projects in far South Texas, one of which is already under construction. The ruling orders federal regulators to cor...
Posted: Aug 09, 2024
Rapper Nelly was arrested early Wednesday at a St. Louis-area casino, and the Missouri Highway Patrol said an officer found four illegal ecstasy pills on him. The rapper’s attorney said an “overzealous” officer targeted him and cond...
Posted: Aug 09, 2024
TULSA, Okla. (AP) — A dog chomping on a lithium-ion battery sparked a serious house fire in Oklahoma, and video of the moment the sparks began to fly has been enlisted by a fire department to show the potential dangers …
Posted: Aug 09, 2024
Ernesto de Lima has been appointed as the new CEO of Oneglobal’s Central America operation, who will aim to drive the company towards new achievements and sustainable growth in the region. A highly experienced insurance and reinsurance professiona...
Posted: Aug 09, 2024
Posted: Aug 09, 2024
Posted: Aug 09, 2024
A tornado threat is expected today from the Mid-Atlantic states northward into eastern New York, according to the National Weather Service. The risk for a few tornadoes will likely focus initially over the Mid-Atlantic states and Pennsylvania in the...
Posted: Aug 09, 2024
UK insurer RSA Insurance has introduced its enhanced broker and customer claims portal, now powered by Guidewire, a global firm within insurance software, making RSA the first UK insurer to adopt the Guidewire cloud solution. With ClaimCenter on G...
Posted: Aug 09, 2024
The latest people news in the industry today. The post Mike Maletsky Appointed as VP, Practice Leader at Hiscox USA appeared first on
Posted: Aug 09, 2024
The latest people news in the industry today. The post Eric Latalladi Joins WTW as New Global Head of Technology appeared first on
Posted: Aug 09, 2024
The latest people news in the industry today. The post CRC Group Announces Executive Appointments appeared first on
Posted: Aug 09, 2024
Global ratings agency AM Best has removed from under review with developing implications, and affirmed the Financial Strength Ratings (FSR) of A- (Excellent) and the Long-Term Issuer Credit Ratings of “a-” (Excellent) of Accredited Specialty Insur...
Posted: Aug 09, 2024
An earthquake off the coast of Japan’s southern island of Kyushu prompted the government to issue its first-ever warning for a megaquake from an undersea trough running along a swath of the country’s coast. Prime Minister Fumio Kishida ca...
Posted: Aug 09, 2024
American Financial Group (AFG) has posted $209 million in net earnings for the second quarter of 2024, compared to $200 million from the second quarter of 2023. According to AFG, Q2’24’s net earnings included after-tax non-core losses...
Posted: Aug 09, 2024
Insurers face millions of dollars in claims after a foiled attack forced three Taylor Swift concerts in Austria to be canceled, though several providers will share out the hit, two people involved in insurance for her tour told Reuters. The …
Posted: Aug 09, 2024
Reports from Gallagher Re and the Florida Office of Insurance Regulation suggest that Tropical Storm Debby will not be a heavy lift for property insurers and reinsurers. “Early assessments suggest wind-related physical damage (is) not as extens...
Posted: Aug 09, 2024
As re/insurers accumulate capital and retain earnings following predominantly positive results, 42% of industry respondents in a recent Reinsurance News poll indicate that growth in existing lines is the most likely area for capital deployment. Th...
Posted: Aug 09, 2024
CAC Group's brand relaunch unifies its three business units—CAC Specialty, CAC Agency, and CAC Capital—under a new identity to celebrate its five-year anniversary.
Posted: Aug 09, 2024
The newly combined group is now ranked as the No. 1 advisor for global M&A transactions in 2023 across the insurance, asset management (including wealth management), and financial services sectors (excluding depositories).
Posted: Aug 09, 2024
Insurance Business Magazine - US
Posted: Aug 09, 2024
La Jolla, California-based Palomar Holdings, Inc. reports it is buying First Indemnity of America Insurance Co. (FIA), a Morris Plains, New Jersey domiciled insurance carrier specializing in surety bonds for small to medium sized contractors primaril...
Posted: Aug 09, 2024
Disruptive technology, war, and climate change top the list of emerging risks keeping risk managers up at night, according to a recent survey conducted by the Society of Actuaries and the Casualty Actuarial Society. The post
Posted: Aug 09, 2024
Global insurance and reinsurance broking group Aon has announced the appointment of Admiral James Stavridis to its Board of Directors, who will be joining August 15, 2024. Lester B. Knight, chair of Aon’s board, commented: “We are plea...
Posted: Aug 09, 2024
POOLER, Ga. (AP) — The water began seeping into Keon Johnson’s house late Monday night after Tropical Storm Debby had been dumping rain nearly nonstop throughout the day. By Tuesday morning, Johnson’s street was underwater and flooding in...
Posted: Aug 09, 2024
Reinsurance companies Munich Re and Swiss Re may benefit from higher reinsurance-policy retention, but a recent report from Bloomberg Intelligence (BI), the research division of Bloomberg L.P., suggests that current pricing does not fully account...
Posted: Aug 09, 2024
Anti-theft software upgrades provided for Hyundai and Kia vehicles regularly targeted by thieves has cut theft rates by more than half, according to new research from the Highway Loss Data Institute. Theft rates of the affected automobiles soared aft...
Posted: Aug 09, 2024
Gone is the bullhorn. Instead, New York City emergency management officials have turned high-tech, using drones to warn residents about potential threatening weather. With a buzzing sound in the background, a drone equipped with a loudspeaker flies o...
Posted: Aug 09, 2024