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Athora Holding Ltd., an insurance affiliate of Apollo Global Management Inc., and AXA SA have terminated a deal to transfer life insurance policies in Germany almost two years after announcing it. The deal was meant to shift €19 billion ($20.3 …...
Posted: May 03, 2024
Increased premiums combined with lackluster customer satisfaction scores are driving record numbers of auto insurance customers into the market for a new policy, according to the J.D. Power 2024 U.S. Insurance Shopping Study. Nearly half (49%) of U.S...
Posted: May 03, 2024
Kemper Corporation has posted their results for the first quarter of 2024, which includes total revenues decreasing by $151.8 million, or 11.7%, to $1,143.0 million, compared to the first quarter of 2023. The company attributed this decrease towar...
Posted: May 03, 2024
The Professional Liability Underwriting Society (PLUS), as it exists today, does not have a written narrative or any acknowledgment on its website about how the organization was created, the timeline, the individuals primarily involved, or all the ev...
Posted: May 03, 2024
After an investment research firm dropped a bombshell last month and sent shares of Globe Life Inc. plunging by 53%, the insurance company denied the allegations that officers had concealed fraud and sexual harassment issues. But this week, the City...
Posted: May 03, 2024
Heritage Insurance Holdings Inc. (HRTG) on Wednesday reported earnings of $14.2 million in its first quarter of this year, about the same as earnings for Q1 of 2023, but down from the $31 million in net income reported for the …
Posted: May 03, 2024
NEW ORLEANS (AP) — Authorities have expanded an investigation of clergy sexual abuse in the Roman Catholic Church in New Orleans to include senior church officials suspected of shielding predatory priests for decades and failing to report their crime...
Posted: May 03, 2024
A home health care company failed to protect a visiting nurse who was killed during an appointment with a convicted rapist at a Connecticut halfway house and should be fined about $161,000, federal workplace safety officials said Wednesday. The Occup...
Posted: May 03, 2024
Marsh McLennan Agency, a subsidiary of Marsh, reported it has acquired AC Risk Management (ACRM), an independent commercial lines brokerage based in Melville, New York. Terms of the acquisition were not disclosed. Founded in 2012, ACRM primarily offe...
Posted: May 03, 2024
At the site of the Francis Scott Key Bridge collapse, crews plan to refloat and remove the grounded Dali container ship within roughly the next 10 days, allowing more maritime traffic to resume through Baltimore’s port. The ship, which lost ...
Posted: May 03, 2024
ICEYE, a provider of satellite-powered disaster management solutions, has launched its Flood Insights and Flood Early Warning products for Canada, providing insurers with rapid access to real-time flood data across the country. Given that floods c...
Posted: May 03, 2024
A California business owner convicted of felony workers’ compensation insurance fraud was ordered to pay $687,560 in restitution to the victims. An investigation by the California Department of Insurance determined that Jorge Maldonado, owner o...
Posted: May 03, 2024
At least a dozen people in California and Washington have been sickened with E. coli food poisoning linked to organic walnuts sold in bulk in 19 states, U.S. health officials said Tuesday. The nuts were sold in natural food and …
Posted: May 03, 2024
Alliant Insurance Services, headquartered in Irvine, California, hired Angie Brown as a First vice president and consultant for its employee benefits group, based in Alliant’s absence, disability and life insurance practice. Brown drives compli...
Posted: May 03, 2024
National insurance firm Patriot Growth Insurance Services has acquired Lupton & Luce, a property/casualty agency is based in Riverhead, New York. Established in 1939, the agency is led by Hallock Luce IV and deeply rooted in the greater Long Isla...
Posted: May 03, 2024
A veteran Pennsylvania workers’ compensation attorney will soon have a chance to argue before the Pennsylvania Supreme Court that his own use of cannabinoid oil (CBD oil) is covered by workers’ compensation. It’s an argument he won...
Posted: May 03, 2024
A veteran Pennsylvania workers’ compensation attorney will soon have a chance to argue before the Pennsylvania Supreme Court that his own use of cannabinoid oil (CBD oil) is covered by workers’ compensation. It’s an argument he won...
Posted: May 03, 2024
Healthcare's Cyber Risks Are Expanding Cyber ClareCarroll1 Fri, 05/03/2024 - 00:26...
Posted: May 02, 2024
Low-Code/No-Code Is a Game Changer Data Analytics ClareCarroll1 Fri, 05/03/2024 - 00:2...
Posted: May 02, 2024
Don't Overlook ICHRA for Employee Health Benefits Life & Health ClareCarroll1 Fri, 05/03/...
Posted: May 02, 2024
Social Selling for Insurance Agents Agent & Broker ClareCarroll1 Fri, 05/03/2024 - 00:08...
Posted: May 02, 2024
Insurance Information Institute
For immediate release Florida Press Office: Mark Friedlander, 904-806-7813, [email protected] ST. JOHNS, Fla., May 3, 2024 – The start of what is forecast to be a “very active” 2024 Atlantic hurricane season is just four weeks away and the Insuran...
Posted: May 02, 2024
In his keynote at Data In Paradise, Max Drucker related a history of InsurTech that ends with a new normal when it comes to the expectation insurance carriers have for their suppliers.
Posted: May 02, 2024
This post is part of a series sponsored by Dyad. In today’s rapidly evolving insurance landscape, agencies face many challenges. From increased competition to changing consumer expectations and staying ahead in this dynamic market requires adap...
Posted: May 02, 2024
AIG Profit Exceeds Expectations on Lower Catastrophe Losses American International Group Inc. (AIG) reported pr...
Posted: May 02, 2024
Lemonade Books Q1 Net Income Loss But Sees Progress InsurTech Lemonade fo...
Posted: May 02, 2024
Allstate Tops Profit Estimates on Higher Premiums, Investment Returns Insurer Allstate posted an upbeat first...
Posted: May 02, 2024
Auto Insurance Price Inflation Overstated, Swiss Re Economists Say The...
Posted: May 02, 2024
Newspapers Sue OpenAI for Copyright Infringement Over AI Training A group of newspapers, including the New York Daily...
Posted: May 02, 2024
Insurer Chubb Readies $350M Payout Tied to Baltimore Bridg...
Posted: May 02, 2024
Posted: May 02, 2024
A magnitude 4.1 earthquake shook parts of the Los Angeles Area, including the cities of Corona, Anaheim, and Santa Ana on at 1:49 p.m. local time on the afternoon of Wednesday, the USGS confirmed. The epicenter was in the Santa …
Posted: May 02, 2024
How to Design a Volunteering Program in Your Workplace More workplaces are bolstering their volunt...
Posted: May 02, 2024
Employees Turn to Workplace Volunteering for Engagement and Purpose Michelle Barbin's job does not always fil...
Posted: May 02, 2024
Mike Hessling, Gallagher Bassett’s CEO, North America, discusses the company’s commitment to service excellence, its unique approach to talent acquisition, and the potential risks and rewards of incorporating AI into the claims process. The...
Posted: May 02, 2024
Making sure you have what you need in place to satisfy customers and grow your business Don’t fall victim to the shiny object syndrome, which is what many owners do. Be patient, block out the noise, and involve your teammates in making the best decis...
Posted: May 02, 2024
Insurance Business Magazine - US
Posted: May 02, 2024
Insurance Business Magazine - US
Posted: May 02, 2024
Select highlights following the company's earnings call.
Posted: May 02, 2024
London Firms Are Letting More Staff Work Entirely From Home London's e...
Posted: May 02, 2024