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Alliant Insurance Services, an insurance brokerage and consulting firm, has expanded its presence in California through the recent acquisition of Vinsa Insurance Associates within its Alliant Public Entity division. Vinsa is an independent propert...
Posted: Apr 10, 2024
Live flood forecasting Insurtech Previsico has hired Tractable AI’s Aleksander Surowiak as Head of Sales to bolster Previsico’s growth and nurture pivotal partnerships across the insurance industry. Surowiak brings a vast degree of startup s...
Posted: Apr 10, 2024
Slice Labs Inc., the New York-based insurtech that operates an on-demand insurance platform, has expanded into seven additional states and the District of Columbia with its contractors general liability insurance product for small businesses. Coverag...
Posted: Apr 10, 2024
The Insurance Development Forum (IDF) has announced its intention to facilitate investments in robust infrastructure within the insurance sector to enhance the resilience of vulnerable communities in emerging economies against climate change and n...
Posted: Apr 10, 2024
Newline Europe, a subsidiary of Newline Insurance Company Limited, has announced the appointment of Johannes Beckers as Head of Cyber for the Europe-wide expansion of its cyber insurance business. In his new role, based in Cologne, Beckers has bee...
Posted: Apr 10, 2024
A freshly formed hacking gang claims to have won access to a massive stash of data stolen from UnitedHealth Group, the largest U.S. health insurer, but with little evidence to go on it is not clear whether they are telling …
Posted: Apr 10, 2024
The London Market Group has announced that Sarah Hughes, CEO of Howden Specialty, has been added to its board as a representative of London & International Insurance Brokers Association (LIIBA). An experienced veteran across the sector, Hughes...
Posted: Apr 10, 2024
A deadly explosion Wednesday at an Enel SpA hydro-power facility in northern Italy that left at least three people dead occurred as works to renew facilities at the 1970s-era plant were concluding. The accident took place some 40 meters (131 …
Posted: Apr 10, 2024
An experienced insurance executive, David Lewison of Amwins discusses the wars in Ukraine and Gaza and their impact on cyber warfare and insurance. The post
Posted: Apr 10, 2024
Health care facilities are an attractive and vulnerable target for cyberattack. Understanding the cyber landscape and getting the right insurance team in place is just the first step to stopping cybercriminals in their tracks. The post
Posted: Apr 10, 2024
Executive Summary: While the advancement of technology in electric vehicles and other lithium-ion powered goods facilitates energy transition from fossil fuels, the fire risks associated with such products need proactive management, writes Dr. Willia...
Posted: Apr 10, 2024
Aon, the global insurance and reinsurance brokerage, has partnered with ReliaQuest to help organizations rapidly mature their security programs globally. This collaboration “represents a unique approach to helping companies assess and mitiga...
Posted: Apr 10, 2024
The Insurance Council of Australia (ICA) has declared the severe storm that hit the country at the beginning of April a ‘Significant Event’. Insurers have received 11,527 claims to date from the storms that caused heavy rainfall, damaging winds an...
Posted: Apr 10, 2024
Arch Insurance International has promoted Sebastian Terry to Head of Accident & Health (A&H) and Georgina Raeburn to Senior A&H Underwriter, both effective immediately. Terry holds around 20 years of A&H underwriting experience, ha...
Posted: Apr 10, 2024
Miller, the independent specialist insurance and reinsurance brokerage, has appointed Nick Rnjak as the Client Advocate for its Onshore energy team, based in London. Rnjak will report to Martin Henderson, Head of Energy & Construction. His rem...
Posted: Apr 10, 2024
Posted: Apr 10, 2024
Qubit Underwriting, a Managing General Agent (MGA) recently launched in Hong Kong specialising in digital asset insurance, has successfully completed its Pre-Series A fundraising. The raised funds will help to fuel Qubit’s expansion efforts to rea...
Posted: Apr 10, 2024
March was the Earth’s 10th consecutive month of record-breaking heat, with populations across much of the northern and southern hemispheres experiencing temperatures overshooting climate targets. The European Union’s Copernicus Climate Ch...
Posted: Apr 10, 2024
The reinsurance sector exhibited strong overall performance in Q1, achieving an impressive +42% total return on equity, as highlighted in ACORD’s initial Global Insurance Stock Index Update for 2024. ACORD, the standards-setting body for the...
Posted: Apr 10, 2024
South Africa-based Yard Insurance has launched its new reinsurance risk solutions for the energy sector. The company assists the energy sector to mitigate their unique risks against potential catastrophic losses like weather, rehabilitation and ot...
Posted: Apr 10, 2024
The European Court of Human Rights ruled in favor of more than 2,000 Swiss women on Tuesday, affirming their argument that the Swiss government violated their human rights by failing to take sufficient action on climate change. Here are some …
Posted: Apr 10, 2024
A landmark climate change ruling from the European Court of Human Rights on Tuesday found that the Swiss government had violated the human rights of its citizens by failing to do enough to combat climate change, in a case brought …
Posted: Apr 10, 2024
Expanding on its existing partnership with BNP Paribas Cardif, digital insurance company Lemonade has launched Homeowners insurance in France. Lemonade noted that with its European business making significant strides in 2023, the launch of Homeown...
Posted: Apr 10, 2024
Upfort, a cutting-edge cyber security and insurance platform, has expanded its leadership team with the appointment of cyber security and insurance expert Brett Sadoff to its advisory board. In this role, Sadoff is responsible for helping to steer...
Posted: Apr 10, 2024
The Tennessee Supreme Court this week dealt a blow to businesses and insurance companies, finding that employers can no longer argue that direct negligence claims are barred when the business admits vicarious liability for a worker’s actions. &...
Posted: Apr 10, 2024
BenefitMall named Patrice Evart a benefits sales executive for Southern California. Evart has 30 years of experience specializing in employee benefits for employers in Southern California. She recently joined BenefitMall after more than 25 years at W...
Posted: Apr 10, 2024
California representatives Mike Thompson (D-CA) and Doug LaMalfa (R-CA) introduced the Disaster Resiliency and Coverage Act of 2024. H.R. 7849 would provide homeowners in disaster-prone regions with incentives to harden their properties against wildf...
Posted: Apr 10, 2024
The Oregon Division of Financial Regulation issued a $200,000 fine against State Farm after the company reportedly failed to send notices over the past six years informing its insureds of their ability to request an annual credit check, which could &...
Posted: Apr 10, 2024
A federal grand jury in Connecticut returned a six-count indictment charging a Norwalk, Connecticut business owner with fraud offenses related to his operation of a prize insurance business. According to the officials, Kevin Kolenda owns and operates...
Posted: Apr 10, 2024
A federal grand jury in Connecticut returned a six-count indictment charging a Norwalk, Connecticut business owner with fraud offenses related to his operation of a prize insurance business. According to the officials, Kevin Kolenda owns and operates...
Posted: Apr 10, 2024
The Connecticut Appellate Court has ruled that an auto insurer is not obligated to pay underinsured benefits to make up the difference between the coverage limits available and the lower amount its insureds actually receive from the at-fault driver&#...
Posted: Apr 10, 2024
Boost Insurance, the insurance infrastructure platform, has partnered with Amwins Program Underwriters, part of Amwins Underwriting Division, to launch an enhanced, technology-enabled version of Lawyers Professional Liability (LPL) programs along...
Posted: Apr 10, 2024
Insurance industry news from Generali Investments Holding, Devonshire UW Limited, SageSure and more featured in weekly update.
Posted: Apr 09, 2024
The single platform solution drives operational efficiency, transforms policy administration, billing and claims.
Posted: Apr 09, 2024
Workers’ compensation and auto theft are the most common fraudulent P&C claims, says CAIF.
Posted: Apr 09, 2024
The average cost of insuring a U.S. home last year was $1,905 — 50% higher than 2019.
Posted: Apr 09, 2024
Rep. Rep. Ritchie Torres (D-New York), spoke to Big “I” members about the importance of spoke about the importance of civil discourse in politics, reaching across the aisle for the good of the country and building and leveraging relationships.
Posted: Apr 09, 2024
The SEC said it will resume implementing the rule depending on the resolution of the legal challenges.
Posted: Apr 09, 2024
State Farm currently holds around 8.7% of all home insurance policies in California.
Posted: Apr 09, 2024
Manhattan island in particular features unique seismic hazards, says Megan Linkin with Swiss Re Corporate Solutions.
Posted: Apr 09, 2024
Ensuring the safety and well-being of remote employees demands a modern, proactive approach.
Posted: Apr 09, 2024