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Lloyd’s insurer AEGIS London has announced the hire of a new underwriting team to focus on building a ‘profitable cyber portfolio’ and strengthen its position in the cyber market. Daniel Johnson has been appointed to the role of class underwriter...
Posted: Apr 18, 2024
Convex Group, the international specialty insurer and reinsurer, has reported its first annual net profit since inception, announcing 2023 net income of $503.2 million, a significant improvement on the $142.2 million loss seen in 2022. The 2023 ne...
Posted: Apr 18, 2024
Munich Re is to strengthen its P&C underwriting teams in Asia Pacific, Middle East & Africa (APAC MEA) with a revised set-up, which includes two regional divisions and personnel changes at the senior executive level. As Chief Executive, Hi...
Posted: Apr 18, 2024
Long-time president Ben Francavilla announces plans to retire CHARLOTTE, N.C., April 18, 2024 – Amwins, a global distributor of specialty insurance products and services, today announced the appointment of Jon Beckham to lead Amwins Program Underwrit...
Posted: Apr 18, 2024
Nationwide’s Ting program has reached a 50,000 home milestone demonstrating a positive impact on engagement and prevention to reduce fire and water loss risk, the insurance services company has stated. The Ting program was launched in 2022 in part...
Posted: Apr 18, 2024
This post is part of a series sponsored by AgentSync. Having a criminal charge or conviction in one’s background can make things more difficult for a licensed insurance producer. However, it doesn’t always have to mean the end of a …...
Posted: Apr 18, 2024
Austin, TX., April 18, 2024 — The National Alliance for Insurance Education & Research is thrilled to announce the launch of AlliBot v2.0, the Artificial Intelligence Knowledge Bot built exclusively for the risk and insurance professional....
Posted: Apr 18, 2024
Posted: Apr 18, 2024
Posted: Apr 18, 2024
DES MOINES, Iowa (AP) — Stung by paying billions of dollars for settlements and trials, chemical giant Bayer has been lobbying lawmakers in three states to pass bills providing it a legal shield from lawsuits that claim its popular weedkiller …
Posted: Apr 18, 2024
Climate change will inflict losses to the global economy worth an annual $38 trillion by 2049, as extreme weather ravages agricultural yields, harms labor productivity and destroys infrastructure, according to researchers at the Potsdam Institute for...
Posted: Apr 18, 2024
The Global Federation of Insurance Associations (GFIA) has expressed its concerns over the proposal by the United Nations Tax Committee, a group of experts on international cooperation in tax matters that would revise a UN Model Convention and hel...
Posted: Apr 18, 2024
McGill and Partners, a global specialty insurance and reinsurance broker, has announced the appointment of Faye Adamou as a Partner in its Financial Lines team. Adamou has been with McGill and Partners since 2020, initially serving as an Associate...
Posted: Apr 18, 2024
PwC has achieved Guidewire Migration Acceleration Specialization to speed insurers’ move to Guidewire Cloud with lower transitioning costs delivery and improved delivery of quality and predictability. In order to gain specializations, either regio...
Posted: Apr 18, 2024
The rising cost of car insurance has triggered a barrage of complaints in the cost of living crisis, Britain’s financial watchdog told lawmakers on Wednesday, as the sector insisted that prices remain at 2018 levels in real terms. Matt Brewis,...
Posted: Apr 18, 2024
Dubai flights have been severely disrupted and cars were left stranded on flooded roads after record rainfall over the past day brought the city to a standstill. The United Arab Emirates experienced its heaviest downpour since records began in 1949,...
Posted: Apr 18, 2024
A North Carolina mother and son adjusting and contracting team are scheduled to appear in court next month on charges of scamming more than $20,600. Both have been charged with similar offenses in the last two years, the state Insurance …
Posted: Apr 18, 2024
A North Carolina mother and son adjusting and contracting team are scheduled to appear in court next month on charges of scamming more than $20,600. Both have been charged with similar offenses in the last two years, the state Insurance …
Posted: Apr 18, 2024
American International Group, Inc. (AIG), a global insurer, has appointed Ryan Thomas as the Head of Financial Lines, Asia Pacific, based out of Singapore. Thomas has over 20 years of underwriting experience. The insurer stated that, “Ryan brings...
Posted: Apr 18, 2024
Coal miners will be better protected from poisonous silica dust that has contributed to the premature deaths of thousands of mine workers from a respiratory ailment commonly known as black lung disease, the Labor Department said Tuesday as it issued...
Posted: Apr 18, 2024
When the Texas Panhandle went up in flames this winter, the news spread fast on Wall Street. An electric utility by the name of Xcel Energy Inc. was getting blamed for the massive blaze — a lawsuit pointed the finger …
Posted: Apr 18, 2024
The US Supreme Court made it easier for employees to sue over discriminatory job transfers, siding with a St. Louis police officer who says she was shifted to a different role against her will because she is female. The justices …
Posted: Apr 18, 2024
An attorney for two people who died of a rare lung cancer argued this week for a jury to hold BNSF Railway responsible for pollution in a small Montana town near the U.S.-Canada border where thousands of people were exposed …
Posted: Apr 18, 2024
The U.S. Coast Guard reopened the Ohio River in Pittsburgh to maritime traffic on Tuesday, nearly four days after 26 barges broke loose and floated away during weekend flooding. “The river is open. The Ohio River is open,” Lt. Eyobe ̷...
Posted: Apr 18, 2024
Unseasonably warm winter weather cost businesses and event planners in the northern Plains and upper Midwest billions of dollars in estimated losses, according to estimates from Accuweather. Minnesota, North Dakota, Wisconsin, Michigan and Iowa exper...
Posted: Apr 18, 2024
Maryland Insurance Commissioner Kathleen A. Birrane has announced she plans to resign effective June 30 and to return to private practice at DLA Piper, the law firm where she was a partner until being appointed commissioner in May 2020. Birrane ̷...
Posted: Apr 18, 2024
How One New Jersey Workers' Comp/Personal Injury Protection PPO Has Maintained Exceptionally Low Dispute Rates. The post Horizo...
Posted: Apr 17, 2024
With this acquisition, Inszone is expanding its presence in California.
Posted: Apr 17, 2024
What to Know About Geospatial Technology Commercial Lines ClareCarroll1 Wed, 04/17/2...
Posted: Apr 17, 2024
Rep. Josh Gottheimer (D-New Jersey) spoke to Big “I” members to discuss the political climate on Capitol Hill, as well as progress on key Big “I" legislative priorities.
Posted: Apr 17, 2024
IntegrateAI addresses growing market demand for a single, integrated business application that leverages machine learning models in decision management.
Posted: Apr 17, 2024
Fewer than half of industry execs consider their companies ‘advanced’ in the main areas of business evolution.
Posted: Apr 17, 2024
In 2023, the Texas Dept. of Insurance issued Go a cease and desist after receiving over 50 complaints about the company's practices.
Posted: Apr 17, 2024
Weather forecasters at Colorado State University (CSU) forecasts 23 named storms, 11 of which will be hurricanes, in the 2024 Atlantic hurricane season.
Posted: Apr 17, 2024
The latest driving behavior survey from Nationwide revealed that both passenger and commercial drivers partake in additional risky behaviors that impact all drivers on the road.
Posted: Apr 17, 2024
The Surplus Lines Association of California’s Ben McKay discusses how surplus lines carriers can help the troubled home insurance market.
Posted: Apr 17, 2024
The partnership will enable underwriters to instantly identify whether a company’s data has been stolen or if it’s being targeted on the dark web.
Posted: Apr 17, 2024
The legislation would establish national standards for data privacy and security, requiring certain entities to be transparent about how they use data and give consumers the right to access, correct, delete and export their data.
Posted: Apr 17, 2024
With its RIA distributors already using FireLight, Protective saw the value in expanding its FireLight experience to include life products.
Posted: Apr 17, 2024
An Earnix survey reveals that most insurance leaders plan to use machine learning in pricing and underwriting.
Posted: Apr 17, 2024
The Workers’ Compensation Insurance Rating Bureau of California’s governing committee voted on Wednesday to authorize the WCIRB to submit a Sept. 1, 2024 Pure Premium Rate Filing to the California Insurance Commissioner on average 0.9% ab...
Posted: Apr 17, 2024
Inverting the Submission Process Agent & Broker sradomski Wed, 04/17/2024 - 16:28...
Posted: Apr 17, 2024
Sutter Insurance Company is a California domiciled insurance carrier.
Posted: Apr 17, 2024