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Kate Della Mora to head CFC Canada as CEO, a new role that was created as the company launched its first office on the ground in Toronto. CFC has launched its first office in Canada with the ambition of building a team of business development prof...
Posted: May 21, 2024
Insurance Business Magazine - US
Posted: May 21, 2024
Insurance Business Magazine - US
Posted: May 21, 2024
Former Executive Alleges Gender Bias, Retaliatory Firing by NEXT Insur...
Posted: May 21, 2024
Managing general agency Open Road Insurance announced its entry into the marketplace for collector vehicle auto insurance with its first license in Texas, and plans to launch in other U.S. states later this summer. National Interstate Insurance Compa...
Posted: May 21, 2024
Independent insurance broker Lockton has appointed Jessica Cullen to lead its US Casualty practice in London, effective immediately. She will be relocating from New York, and her remit will include being responsible for leading the practice with r...
Posted: May 21, 2024
The Insurance Information Institute (Triple-I) and the National Insurance Crime Bureau (NICB) are marking May 20-24 as Contractor Fraud Awareness Week (CFAW) to highlight how homeowners can protect themselves from dishonest contractors. “For ma...
Posted: May 21, 2024
In a ruling against an upscale restaurant chain, a Massachusetts Appeals Court has affirmed a state high court 2022 ruling that the COVID-19 virus does not trigger business interruption insurance because it does not cause “direct physical loss...
Posted: May 21, 2024
The Fidelis Partnership, formerly known as Fidelis MGU, has announced plans to open an office in Abu Dhabi, underscoring its commitment to expanding into new markets and reaching new clients and investors. The Abu Dhabi office will be led by Matth...
Posted: May 21, 2024
The Insurance Council of Australia (ICA) has appointed Andrew Gill as the Chief Executive Officer (CEO) of its new counter fraud and scams function. This newly established unit will focus on detecting organised fraud networks and identifying emerg...
Posted: May 21, 2024
The Liberty Co. insurance brokers, based in Gainesville, Florida, continues its expansion with the addition of Ayers Brackfield Insurance in Knoxville, Tennessee. ABI, in business since 1992, has operated in 18 states, offering personal and commercia...
Posted: May 21, 2024
French reinsurer SCOR aims to achieve a reduction of 23% in the intensity of its greenhouse gases (GHG) emissions by 2030 versus the end of 2022, CEO Thierry Léger announced during the Group’s General Meeting. This is the reinsurer’s first interim...
Posted: May 21, 2024
Zurich Insurance in Switzerland and cyber insurtech BOXX have partnered to introduce a breakthrough personal cyber product designed to help individuals and families better predict and prevent potential scams and digital threats. This collaboration...
Posted: May 21, 2024
Business email compromise is now the top method of cyberattack, according to a survey from cybersecurity firm Arctic Wolf. Of the 1,000 surveyed senior IT and cybersecurity decisionmakers from organizations in more than 15 countries, 70% said they we...
Posted: May 21, 2024
Business email compromise is now the top method of cyberattack, according to a survey from cybersecurity firm Arctic Wolf. Of the 1,000 surveyed senior IT and cybersecurity decisionmakers from organizations in more than 15 countries, 70% said they we...
Posted: May 21, 2024
The Florida Office of Insurance Regulation (OIR) has noted that it continues to see overall market stabilisation following the “historic” legislative reforms of 2022/2023 that have reportedly enhanced consumer protections, strengthened...
Posted: May 21, 2024
CFC, the London-based specialist managing general agent, announced the appointment of Kate Della Mora to the newly created role of CEO, CFC Canada. Della Mora’s appointment coincides with the launch of CFC’s first office on the ground in...
Posted: May 21, 2024
Munich Re Specialty – North America, part of the Munich Re Group, has hired industry veteran Claudia Carnevale as Head of US Programs. Based in New York, Carnevale brings over 25 years of industry expertise towards her new role. She joins th...
Posted: May 21, 2024
Insurance industry intermediary Specialist Risk Group (SRG) has announced its acquisition by Warburg Pincus and Temasek. This partnership with these investors aims to support SRG’s growth plans and strategy, with SRG’s management team retaining a...
Posted: May 21, 2024
Howden, the global insurance intermediary group, has launched a unique cyber insurance platform for SMEs that enables easier access cyber insurance by simplifying the process of purchasing cover. The platform is designed for businesses with revenu...
Posted: May 21, 2024
John Doucette, the former President and Chief Executive Officer (CEO) of Reinsurance at Bermuda-based Everest Group, has been appointed as the new CEO of Amynta Risk Solutions, effective May 2024. Amynta is an insurance services company that speci...
Posted: May 21, 2024
NFP, an Aon company and international insurance brokerage and consulting firm, announced it has acquired HELPGB, a human resources and health and safety consulting business. Financial details of the deal were not disclosed. Clark Hunter, director of...
Posted: May 21, 2024
Atlantic Global Risk announces the placement of the first tax liability insurance policy for a significant transaction in the carbon capture and sequestration (CCS) sector. Following the enactment of the Inflation Reduction Act, the owner of a lar...
Posted: May 21, 2024
Warburg Pincus, a private equity firm focused on growth, is teaming up with Singapore’s Temasek Holdings Pte to buy Specialist Risk Group Ltd., an independent insurance intermediary, according to people familiar with the matter. The deal values...
Posted: May 21, 2024
Generali has revealed that in Q1 of 2024, its gross written premiums (GWP) increased 21.4% from the previous year to €26.4 billion, driven by strong performances in both the Life and P&C segments. Broken down, GWP in the Life segment in Q1 of...
Posted: May 21, 2024
Posted: May 21, 2024
Allianz Commercial and Rokstone, the Aventum Group’s international re/insurance MGA, announced a collaboration for a US$10 million facility to write marine cargo business worldwide with immediate effect. This broadens Allianz’s wholesale...
Posted: May 21, 2024
Global broker WTW, has appointed two new members to the Strategic Client Engagement Leadership (SCEL) team, Chad Wright and Conor McLaughlin. Wright will serve as a Strategic Client Engagement Leader while McLaughlin will take over the role of Glo...
Posted: May 21, 2024
The International Underwriting Association (IUA) welcomes the professional indemnity insurance reforms for accountants in the UK proposed by The Institute of Chartered Accountants in England and Wales (ICAEW) Regulatory Board, the organisation rec...
Posted: May 21, 2024
The types of business which are most likely to use artificial intelligence are seeing growth in workers’ productivity that is almost five times faster than elsewhere, raising hopes for a boost to the broader economy, accountancy firm PwC said....
Posted: May 21, 2024
Shares of Japanese insurers MS&AD Insurance Group Holdings Inc. and Tokio Marine Holdings Inc. surged after the companies announced stock buybacks, as well as plans to sell their holdings in client companies. MS&AD, which also reported full-y...
Posted: May 21, 2024
Arif Amiri, CEO of the Dubai International Financial Centre (DIFC) Authority, provides insights into the reinsurance industry. From the expanding opportunities in the MEASA region to the emergence of Managing General Agents (MGAs), Amiri explores...
Posted: May 21, 2024
Duck Creek Technologies, a provider of SaaS-delivered software to the property and casualty (P&C) arena, has announced the appointment of Bindu Crandall as Chief Marketing Officer (CMO). In her new role, Crandall will be responsible for overse...
Posted: May 21, 2024
GSK Plc is facing a whistleblower lawsuit that could potentially cost it billions of dollars from the laboratory that revealed the presence of a probable carcinogen in Zantac, the heartburn medication that the UK drugmaker invented and turned into a...
Posted: May 21, 2024
The US government is seeking to play a more active role in protecting the private health-care sector from a deluge of cyberattacks that have disrupted patient care and left providers unpaid. US health officials will unveil Monday a new program …...
Posted: May 21, 2024
Insurers covering property in Georgia could be on the hook for personal injuries occurring on the premises if the property owners and property managers do not fulfill their duty to exercise ordinary care in keeping their premises and approaches safe,...
Posted: May 21, 2024
California’s Division of Occupational Safety and Health reports seeing growing number of silicosis cases among stone workers in California, and the agency is launching efforts to beef up its enforcement efforts. Since 2019, more than 100 Califo...
Posted: May 21, 2024
California’s Division of Occupational Safety and Health reports seeing growing number of silicosis cases among stone workers in California, and the agency is launching efforts to beef up its enforcement efforts. Since 2019, more than 100 Califo...
Posted: May 21, 2024
As Maui continues to recover from the deadliest U.S. wildfire in more than a century, Hawaii officials are looking at preventing another similar disaster ahead of what is expected to be a dry, fire-prone season, Gov. Josh Green said in …
Posted: May 21, 2024
As Maui continues to recover from the deadliest U.S. wildfire in more than a century, Hawaii officials are looking at preventing another similar disaster ahead of what is expected to be a dry, fire-prone season, Gov. Josh Green said in …
Posted: May 21, 2024
California-based Relation Insurance Services reports it has acquired Elite Insurance Agency, Inc. on April 1, 2024. Elite, based in Brooklyn, New York. offers employee benefits, commercial insurance, and high-net-worth personal insurance, Owner Yechi...
Posted: May 21, 2024