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In a recent report, the reinsurance company Swiss Re forecasts a 30 percent annual growth in global electric vehicle (EV) sales until 2030, propelling the EV insurance market to surpass USD 200 billion by 2030, up from USD 51 billion in 2022. This...
Posted: Jun 24, 2024
Days before the National Transportation Safety Board is set to explain why first responders were wrong to blow open five tank cars and burn the toxic chemical inside after the East Palestine derailment, Norfolk Southern said Friday it plans to …...
Posted: Jun 24, 2024
Capco, the technology and management consultancy, has named Karl Canty as a new partner in its US insurance practice, located in Hartford, CT. Canty will focus on strengthening client relationships, boosting sales, and providing value to insurers,...
Posted: Jun 24, 2024
Counterpart, a management and professional liability insurtech backed by Markel, Aspen, and Westfield, has announced the appointment of industry veteran, Michael Muglia, as its Professional Liability Insurance Lead. In addition, Counterpart also a...
Posted: Jun 24, 2024
U.S. prosecutors are recommending to senior Justice Department officials that criminal charges be brought against Boeing after finding the planemaker violated a settlement related to two fatal crashes, two people familiar with the matter told Reuters...
Posted: Jun 24, 2024
The US Justice Department is dropping one of two proposed claims against ByteDance Ltd.’s TikTok, planning to focus a consumer protection lawsuit later this year on children’s privacy instead of allegations the video-sharing platform misl...
Posted: Jun 24, 2024
Hackers are selling data about consumers of the LendingTree Inc. subsidiary QuoteWizard after the company detected unauthorized access on a cloud database hosted by Snowflake Inc., according to a person familiar with the matter. There have been sever...
Posted: Jun 24, 2024
Retail technology and software provider CDK Global has begun work to restore systems used by over 15,000 retail locations across North America, the company said in a statement on Sunday, adding that it expects the process to take “several days....
Posted: Jun 24, 2024
Retail technology and software provider CDK Global has begun work to restore systems used by over 15,000 retail locations across North America, the company said in a statement on Sunday, adding that it expects the process to take “several days....
Posted: Jun 24, 2024
FOLLY BEACH, S.C. (AP) — The husband of a bride who was killed in a South Carolina beach road collision on her wedding night last year will receive nearly a million dollars in settlement connected to the crash, which a …
Posted: Jun 24, 2024
Harish Kapur, CEO of Across America Insurance Services, likes to tell the story of how his company’s chief defense lawyer became fed up with Kapur’s frequent requests for lower settlements on claims disputes. “He fired us. He litera...
Posted: Jun 24, 2024
Many more properties, including hundreds of thousands of homes across the Southeast, will be required to purchase flood insurance after July 31, due to revisions in federal flood maps. The change means about 138,800 more structures in Miami-Dade, Pal...
Posted: Jun 24, 2024
Many more properties, including hundreds of thousands of homes across the Southeast, will be required to purchase flood insurance after July 31, due to revisions in federal flood maps. The change means about 138,800 more structures in Miami-Dade, Pal...
Posted: Jun 24, 2024
New York Gov. Kathy Hochul on Thursday signed a bill that would allow parents to block their children from getting social media posts suggested by a platform’s algorithm, a move to limit feeds critics argue are addictive. Under the legislation,...
Posted: Jun 24, 2024
Crew members on the cargo ship Dali can head home as soon as Thursday under an agreement that allows lawyers to question them as part of investigations into the cause of the deadly collapse of Baltimore’s Francis Scott Key Bridge. …
Posted: Jun 24, 2024
Crew members on the cargo ship Dali can head home as soon as Thursday under an agreement that allows lawyers to question them as part of investigations into the cause of the deadly collapse of Baltimore’s Francis Scott Key Bridge. …
Posted: Jun 24, 2024
California’s lofty home prices and scarce inventory already amounted to one of the most nightmarish housing markets in the US. Now, challenges securing and affording home insurance in the wildfire-prone state are making it even worse. Under the...
Posted: Jun 24, 2024
Yeah, that’s a classic. Protect it that way with Hagerty.
Posted: Jun 23, 2024
Good advice for positive workers compensation claim outcomes.
Posted: Jun 23, 2024
For independent agents working within the media liability niche market, the proliferation of generative AI has created a fluid and complex environment.
Posted: Jun 23, 2024
For independent agents working within the media liability niche market, the proliferation of generative AI has created a fluid and complex environment.
Posted: Jun 23, 2024
The policy is designed to cater to the diverse insurance needs of businesses in the manufacturing, institutional, industrial and commercial sectors, focusing on those with medium-to-large scale operations.
Posted: Jun 23, 2024
The policy is designed to cater to the diverse insurance needs of businesses in the manufacturing, institutional, industrial and commercial sectors, focusing on those with medium-to-large scale operations.
Posted: Jun 23, 2024
Three years of historically high inflation has led to the target retirement savings amount rising more than 53% since 2020.
Posted: Jun 23, 2024
Three years of historically high inflation has led to the target retirement savings amount rising more than 53% since 2020.
Posted: Jun 23, 2024
Collaboration will expand John Hancock’s portfolio of indexed account offerings and reach a wider market.
Posted: Jun 23, 2024
Mike Jackowski, CEO, Duck Creek talked about challenges such as climate change and macroeconomic forces, and the combined challenge and opportunity of GenAI and other tech disruption.
Posted: Jun 21, 2024
Insurance Business Magazine - US
Posted: Jun 21, 2024
The company has built proprietary AI to streamline prior authorization process.
Posted: Jun 21, 2024
Study: Using 3D Visualization to Predict, Prevent Hurricane Damage A new study shows how 3D v...
Posted: Jun 21, 2024
Lex Machina report finds the overall trend since 2016 is increasing insurance disputes in federal courts, with 2023 marking the second-highest number of filings in the past decade. The post
Posted: Jun 21, 2024
Human-caused climate change dialed up the thermostat and turbocharged the odds of this month’s killer heat that has been baking the Southwestern United States, Mexico and Central America, a new flash study found. Sizzling daytime temperatures t...
Posted: Jun 21, 2024
K2 International, the specialty re/insurance underwriting platform that is owned by private equity firm Warburg Pincus, announced the launch of a London-based MGA called K2 Rubicon Specialty. The new MGA division was founded by four market veterans f...
Posted: Jun 21, 2024
An Interview With Michele Coolidge Agent & Broker sradomski
Posted: Jun 21, 2024
GM’s Cruise Unit to Receive Hefty for Delaying Report on California Accident A California regulator said on Thu...
Posted: Jun 21, 2024
Florida Homeowners Insurer of Last Resort Proposes 13.5% Rate Hike for 2025 Citizens Property Insu...
Posted: Jun 21, 2024
The latest people news in the industry today. The post Vanessa Maxwell Appointed as Global Head of Cyber at Allia...
Posted: Jun 21, 2024
The Latin American Association of Insurance Agencies and the Spencer Educational Foundation have announced college risk-management and insurance scholarship winners for 2024. Mendoza Lunatti, an incoming senior at Southeastern University in Lakeland,...
Posted: Jun 21, 2024