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Global insurance and reinsurance industry losses from natural catastrophes in the first half of 2024 reached at least $61 billion, coming in 25% higher than the first half decadal average on the back of the second costliest H1 on record for the US...
Posted: Jul 17, 2024
Lemonade, the digital insurance organisation, has expanded its UK homeowners offering with the launch of buildings and contents insurance, in a continuation of the firm’s ongoing partnership with Aviva. According to the announcement, homeown...
Posted: Jul 17, 2024
Florida Peninsula Holdings and Windward Holdings, which own and manage Florida Peninsula Insurance, Edison Insurance, and Ovation Home Insurance Exchange, have appointed Gary Cantor, currently the Chief Financial Officer (CFO), as Vice Chairman of...
Posted: Jul 17, 2024
It is interesting—and telling—that one of the concerns around generative artificial intelligence has to this point largely revolved around copyright infringement. The most high-profile lawsuits around GenAI have so far centered on the idea that this...
Posted: Jul 17, 2024
Two recent reports reflect trends in Florida’s property insurance market, including the continued growth of surplus lines’ business and an uptick last year in litigation costs for carriers. The Florida Surplus Lines Service Office reporte...
Posted: Jul 17, 2024
Two recent reports reflect trends in Florida’s property insurance market, including the continued growth of surplus lines’ business and an uptick last year in litigation costs for carriers. The Florida Surplus Lines Service Office reporte...
Posted: Jul 17, 2024
Yield-hungry insurance firms are adopting an unconventional strategy: they’re skipping mortgage-backed bonds and buying the underlying whole loans outright. It’s a trend that’s picked up pace over the last few years. Last year alone...
Posted: Jul 17, 2024
A Spokane, Washington woman who ran an adult family home while claiming she was too injured to work faces a felony charge in a $60,000 workers’ compensation fraud case. Serah Kamau, 52, reportedly operated her business, Brookhouse Adult Family...
Posted: Jul 17, 2024
A Spokane, Washington woman who ran an adult family home while claiming she was too injured to work faces a felony charge in a $60,000 workers’ compensation fraud case. Serah Kamau, 52, reportedly operated her business, Brookhouse Adult Family...
Posted: Jul 17, 2024
An Amazon distribution center worker in Virginia whose job entailed repetitive lifting and stowing of items every day and who suffered rotator cuff tears has been denied workers’ compensation benefits because she failed to prove her injury resu...
Posted: Jul 17, 2024
Allied Trust Insurance Company has announced the launch of its homeowners insurance program in North Carolina, US, to provide coverage focused insurance options for coastal residents. Having entered the North Carolina insurance market in 2022 afte...
Posted: Jul 17, 2024
A once in 200-years storm dumped 11 inches of rain over four hours on the central Massachusetts town of Leominster in September, washing away culverts, creating a sinkhole that swallowed cars at a dealership and flooding the city council chambers ...
Posted: Jul 17, 2024
Colorado workers who contracted bird flu were working during extreme heat and under large fans, factors that made wearing protective equipment difficult and potentially contributed to their infections, the U.S. Centers for Disease Control and Prevent...
Posted: Jul 17, 2024
This post is part of a series sponsored by PCF Insurance Services. Frank Fasano, Director of Sales at ToughComp, a PCF business, shares insight from his years of experience working within industries that experience challenges finding affordable worke...
Posted: Jul 16, 2024
Discover the benefits of timely physical therapy in enhancing patient recovery and reducing claim costs. The post
Posted: Jul 16, 2024
The industry veteran of 18 years will head Hiscox’s tech E&O and cyber underwriting in the U.S.
Posted: Jul 16, 2024
The partnership will allow insurers to identify location risk in seconds through Gamma Risk’s Perilfinder which includes map visualization and accumulation reporting.
Posted: Jul 16, 2024
Paulin previously served in IT leadership roles at AF Group, HW Kauffman, and Donegal Insurance Group
Posted: Jul 16, 2024
The first six months of 2024 marked the lowest first-half total in four years, which could likely be approaching a 'normal' level of dealmaking.
Posted: Jul 16, 2024
“It is a natural collaboration that delivers the best combination of analytics and imagery available. Customers are going to love these added capabilities,” said Piers Dormeyer, CEO of EagleView.
Posted: Jul 16, 2024
The startup generated a profit for the first time.
Posted: Jul 16, 2024
In addition, Prosperity’s distribution network will be invited to sell iA Financial Group’s products.
Posted: Jul 16, 2024
Tech Bytes: New Partnerships at Counterpart, Send, FRISS Counterpart, an AI...
Posted: Jul 16, 2024
US Senator Bob Menendez, the once-powerful New Jersey Democrat, was found guilty of bribery, extortion and acting as a foreign agent of Egypt after a corruption trial focused on 13 gold bars, nearly $500,000 in cash and a Mercedes-Benz seized …
Posted: Jul 16, 2024
Insurance broker World Insurance Associates announced that it recently acquired the business of Affiliated Insurance Managers (AIM) of Warwick, Rhode Island. AIM was founded in 1937. Today the agency is primarily focused on commercial lines, while al...
Posted: Jul 16, 2024
Insurance Business Magazine - US
Posted: Jul 16, 2024
As part of the agreement, Slide signage will appear inside Raymond James Stadium this season.
Posted: Jul 16, 2024
Bold Penguin has powered over 6 million quote applications and $6 billion+ in premium since 2016.
Posted: Jul 16, 2024
How can you modernize your insurance claims process? Find out your strengths and where you can improve.
Posted: Jul 16, 2024
GenAI Investment to Grow 30%, High Adoption Firms Expect 3x Higher ROI Over Next 3 Years With modest GDP growth and...
Posted: Jul 16, 2024
Texas Utility Sued by Restaurants Over Hurricane Beryl Response Restaurants in Houston and nearby regio...
Posted: Jul 16, 2024
Insurance Business Magazine - US
Posted: Jul 16, 2024
Insurance Business Magazine - US
Posted: Jul 16, 2024
This edition of International People Moves details appointments at Aon and McLarens. A summary of these new hires follows here. Insurance broker Aon plc appointed Ed Thomas as head of Lloyd’s Capital within its Reinsurance Solutions Capital Adv...
Posted: Jul 16, 2024
FEMA issued a new rule that will increase the nation’s resilience to future flood disasters. The rule is amongst the first adopted by a federal agency that will require federally funded projects to be sited and designed with future climate R...
Posted: Jul 16, 2024
Global insurance and reinsurance broking group Aon has named Lloyd’s of London’s Ed Thomas as head of Lloyd’s Capital within its Reinsurance Solutions Capital Advisory team, based in London. In his new role, Thomas takes on responsibil...
Posted: Jul 16, 2024
Lemonade, the New York-based insurtech, announced the launch of buildings and contents insurance in the United Kingdom in partnership with insurer Aviva. Expanding the company’s home insurance offerings in the UK, homeowners can now purchase ex...
Posted: Jul 16, 2024