All Posts
As the independent agency channel faces a wave of retirements among its most experienced leaders, the industry must prepare for a potential apocalypse.
Posted: Aug 01, 2024
CPSC Says Amazon Responsible for Hazardous Items Sold by Third-Party Sellers Amazon is responsible unde...
Posted: Aug 01, 2024
When a spate of wildfires tore across the Texas Panhandle in February and scorched 20,000 acres of Craig Cowden’s ranch near Skellytown, he decided he had had enough. Cowden took on a second unofficial job: looking for possible fire hazards ...
Posted: Aug 01, 2024
JM Wilson, headquartered in Portage, Michigan, added new members to its transportation underwriting team. Olga Jaquet was promoted to senior transportation underwriter, responsible for underwriting new and renewal commercial transportation risks and...
Posted: Aug 01, 2024
Howden, the global insurance intermediary group, today announces that it has agreed to acquire the Musical Insurance book from Allianz UK and will incorporate its customer base and marketing and operations teams into Howden’s established music...
Posted: Aug 01, 2024
Collision/crash incidents, faulty workmanship, and natural catastrophes top aviation insurance claims globally, as repair costs and labor challenges rise, Allianz Commercial reports. The post
Posted: Aug 01, 2024
The company is now available in six states.
Posted: Aug 01, 2024
Via Coverdash’s embedded technology, Revenued now offers all lines of business insurance to their customers.
Posted: Aug 01, 2024
AXA XL and U.S. MIG will provide protection against a wide range of risks.
Posted: Aug 01, 2024
Bermuda domiciled Everest Group’s reinsurance business delivered a strong underwriting result in the second quarter of 2024, and amid still favourable property market conditions, characterised by persistently attractive rates and unwavering...
Posted: Aug 01, 2024
Coalition, the San Francisco-based cyber managing general agent and cyber-security firm, announced the launch of its Active Cyber Insurance in Germany through its subsidiary, Coalition Insurance Solutions GmbH. Coalition’s offerings became avai...
Posted: Aug 01, 2024
Geo Underwriting, a division of Ardonagh Advisory that offers diverse insurance solutions, plans to acquire Navigators & General (N&G), a marine insurance provider, from Zurich UK. Established in 1921 by Captain William Coombs, a WWI Veter...
Posted: Aug 01, 2024
Potential initial public offerings by a slew of UK financial services firms could drive the next stage of Europe’s recovery after momentum in new listings slowed sharply. Such hopes have arisen after Bloomberg reported that backers of Canopius...
Posted: Aug 01, 2024
Tiptree has announced a net income of $12.9 million for the second quarter of 2024, compared to the net income of $6.0 million seen in the same period last year. The company attributed this increase towards growth seen within their insurance busin...
Posted: Aug 01, 2024
As the independent agency channel faces a wave of retirements among its most experienced leaders, the industry must prepare for a potential apocalypse.
Posted: Aug 01, 2024
Trium Syndicate, a cyber and property catastrophe insurance specialist at Lloyd’s of London, has announced the appointment of Hanna Metsanvirta as Director of Underwriting Performance and Active Underwriter for syndicate 1322. In her new role, Met...
Posted: Aug 01, 2024
Arch Insurance North America it has closed the acquisition of the U.S. MidCorp and Entertainment insurance businesses from Allianz. Nearly 500 former Allianz MidCorp and Entertainment employees have joined Arch and will provide continuity to clients...
Posted: Aug 01, 2024
Geo Underwriting, the managing general agency and subsidiary of Ardonagh Advisory, announced it will acquire Navigators & General (N&G) from Zurich UK. Financial details of the deal were not disclosed. Founded in 1921 by Captain William Coomb...
Posted: Aug 01, 2024
Geo Underwriting, the managing general agency and subsidiary of Ardonagh Advisory, announced it will acquire Navigators & General (N&G) from Zurich UK. Financial details of the deal were not disclosed. Founded in 1921 by Captain William Coomb...
Posted: Aug 01, 2024
UK insurer Legal & General Assurance Society Limited has announced the completion of a £1.1 billion buy-in with the SCA UK Pension Plan, securing the benefits of 5,900 retirees and 3,600 deferred members. Essity Holding UK Limited, part of the...
Posted: Aug 01, 2024
The attorney general for Washington, D.C., sued StubHub on Wednesday, accusing the ticket resale platform of advertising deceptively low prices and then ramping up prices with extra fees. The practice known as “drip pricing” violates cons...
Posted: Aug 01, 2024
A report from Moody’s Ratings service contends that one good hurricane this year could wipe out the Florida Cat Fund’s reserves, potentially forcing it to place a small surcharge on Florida insurance premiums to finance more debt. But tha...
Posted: Aug 01, 2024
A report from Moody’s Ratings service contends that one good hurricane this year could wipe out the Florida Cat Fund’s reserves, potentially forcing it to place a small surcharge on Florida insurance premiums to finance more debt. But tha...
Posted: Aug 01, 2024
Insurance Business Magazine - US
Posted: Aug 01, 2024
Independent insurance broker Lockton has announced the appointment of Sung Wook Han as Regional Head of Marine for Asia. Sung started his new role on August 1st, having joined Lockton from WTW, where he most recently served as Head of Internationa...
Posted: Aug 01, 2024
Global insurance intermediary group Howden has announced the acquisition of Allianz UK’s Musical Insurance business, which it will incorporate into its music scheme, Lark Music. Following the transaction, the business’ customer base, marketing and...
Posted: Aug 01, 2024
The U.S. Equal Employment Opportunity Commission (EEOC) sued Missouri- based trucking company Transportation Management Group, doing business as Wilson Logistics, for violating federal law when it refused to hire a deaf job applicant because of his d...
Posted: Aug 01, 2024
Symphony Risk Solutions announced it is opening an office in Austin, Texas to be led by Matt Burns, who was named president of the firm’s growing specialty business. As the leader of Symphony Build, Burns will oversee due diligence, evaluation,...
Posted: Aug 01, 2024
The Hanover Insurance Group, Inc. has reported net income of $40.5 million for Q2 2024, compared to a net loss of $69.2 million in the prior-year quarter, as the company’s combined ratio came down from 111.3% to 99.2% amid lower year-on-year...
Posted: Aug 01, 2024
NEW ORLEANS (AP) — A storage tank spilled tens of thousands of gallons of crude oil in a southern Louisiana parish, threatening drinking water and wildlife as officials work to clean it up. The storage tank spilled Saturday morning southwest …
Posted: Aug 01, 2024
People who live near East Palestine, Ohio, can now get $25,000 apiece for any injuries they sustained after last year’s Norfolk Southern freight train derailment on top of whatever money they get for property damage as part of the $600 …
Posted: Aug 01, 2024
Cyber insurance provider Coalition has launched its suite of Active Cyber Insurance products in Germany, through its subsidiary Coalition Insurance Solutions GmbH. Coalition’s expansion comes as cyber-attacks and IT system breakdowns stand a...
Posted: Aug 01, 2024
Why One Insurance Broker Exec Has Olympic Fever Clients who try to reach Higginbotham executi...
Posted: Aug 01, 2024
Legacy Acquisition Specialist Enstar to Be Acquired by Sixth Street for $5.1...
Posted: Aug 01, 2024
Malmström Named Group CFO of Swiss Re as Dacey Retires...
Posted: Aug 01, 2024
Bermuda-based insurer and reinsurer Arch Capital Group decided against further growing its property catastrophe book at the mid-year renewal given the heightened storm risk, as the firm looks for the right balance across its portfolio, according t...
Posted: Aug 01, 2024
What’s holding you back? When you’re achieving good results, it’s tempting to not raise the bar on agency standards. By Roger Sitkins During our training and coaching sessions, I always ask participants if they are making more money than they expecte...
Posted: Aug 01, 2024
Helping clients understand and manage risk Effective risk management isn’t just about checking boxes; it’s the backbone of resilience for businesses. It keeps their assets safe, their reputation intact, and their future bright. By Randy Boss, CRM, MW...
Posted: Aug 01, 2024