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Posted: Apr 05, 2024
Japan property catastrophe demand was marginally down year-on-year at the April 1st, 2024, reinsurance renewals, while some increases in retentions were offset by a small amount of additional capacity purchased, reports Gallagher Re. In the reinsu...
Posted: Apr 05, 2024
The U.S. Justice Department next week will meet with lawyers for families of victims of two fatal Boeing 737 MAX crashes that killed 346 people in 2018 and 2019, as the government decides whether to move ahead with a criminal …
Posted: Apr 05, 2024
The U.S. Justice Department next week will meet with lawyers for families of victims of two fatal Boeing 737 MAX crashes that killed 346 people in 2018 and 2019, as the government decides whether to move ahead with a criminal …
Posted: Apr 05, 2024
Applied Surety Underwriters (ASU), a subsidiary of Applied Underwriters’ United Risk division, announced it will acquire the majority of Argo Surety group’s in-force coal, oil, gas, and mining business. ASU will immediately assume the man...
Posted: Apr 05, 2024
Berkshire Hathaway Specialty Insurance (BHSI) has announced the promotion of Ingo Lorber to Head of Claims for Germany, Austria, and Switzerland (DACH). Andreas Krause, Head of DACH at BHSI, emphasises the company’s dedication to providing o...
Posted: Apr 05, 2024
Acrisure, a global fintech, has created a newly dedicated Life and Health (L&H) business segment falling under the company’s previously announced Wholesure division. Wholesure comprises Acrisure’s Property & Casualty wholesale lines of bus...
Posted: Apr 05, 2024
American Integrity, a Florida-based property insurer, has launched a new product called ValueGuard Property Insurance, aiming to provide essential home protection for Florida residents at a more affordable price. Tailored specifically for the need...
Posted: Apr 05, 2024
Farmers Insurance has recently announced the appointment of John Griek to the position of Chief Financial Officer (CFO). In his new role, Griek will directly report to Raul Vargas, President of Distribution, Life, and Financial Services, and will...
Posted: Apr 05, 2024
Wall Street’s top regulator has stayed new climate-related disclosure requirements pending judicial review, the agency said in a statement on Thursday, after criticism from across the political spectrum. The Securities and Exchange Commission&#...
Posted: Apr 05, 2024
Brokers Aon and Gallagher Re described a buyers’ reinsurance market for the April 1, 2024 property and specialty renewals as reinsurer profit margins benefited from last year’s “redistribution of risk” to cedents. Reinsurers a...
Posted: Apr 05, 2024
Brokers Aon and Gallagher Re described a buyers’ reinsurance market for the April 1, 2024 property and specialty renewals as reinsurer profit margins benefited from last year’s “redistribution of risk” to cedents. Reinsurers a...
Posted: Apr 05, 2024
The company that owns several District of Columbia professional sports teams and a major sports arena has settled its lawsuit against its insurance company over losses related to the shutdown caused by COVID-19. It was only a partial victory for R...
Posted: Apr 05, 2024
Arrowhead General Insurance Agency Inc. in California launched a new commercial auto product. Arrowhead’s Commercial Auto is available to California customers in construction-related industries. The program includes: Contractor/construction ris...
Posted: Apr 05, 2024
For Vermont Mutual Insurance Group, which has been around since 1828, the past few years have been among the most challenging in its history. “The disruption was not from a single event, but a confluence of disrupters that had successive …...
Posted: Apr 05, 2024
In an undisclosed transaction, private equity firm Brera Partners has acquired 70% of the shares in Italian insurance broker GBSAPRI Group. According to the announcement, the firm has made this acquisition with the strategy to drive consolidation...
Posted: Apr 05, 2024
Hub International Ltd. acquired the assets of Pollock Insurance Inc. Andrea Pollock Wood, the firm’s owner, and the Pollock Insurance team, will join Hub Northwest. Pollock Insurance will be referred to as Pollock Insurance, Inc., a Hub Interna...
Posted: Apr 05, 2024
In the moments before the cargo ship Dali rammed into the Francis Scott Key Bridge and sent it crumbling into the water, a flurry of urgent warnings crackled over radios and enabled police to block traffic from getting on the …
Posted: Apr 05, 2024
WCF Insurance Promotes Co to Chief Operating Officer WCF Insurance promoted Janice Co to chief operating officer. Co will play a part in the strategic evolution, overseeing day-to-day operations across the organization. Co joined WCF in 2022 as the s...
Posted: Apr 05, 2024
This post is part of a series sponsored by Dyad. In an era where technology is rapidly transforming every aspect of our lives, industries across the board are embracing digital innovations to enhance customer experience. The insurance sector, traditi...
Posted: Apr 04, 2024
Reinsurance Group of America (RGA), a global life and health reinsurer, recently announced the appointment of Alison Rand to its Board of Directors. Tony Cheng, President and CEO of RGA, praises Rand’s leadership, stating, “Throughout Alison...
Posted: Apr 04, 2024
HSB, Coalition Unveil Cyber Insurance Innovations: Cyber Auto;...
Posted: Apr 04, 2024
There is a 62% chance that a major hurricane will make landfall along the U.S. coastline.
Posted: Apr 04, 2024
The 2018 incident caused several pelvic fractures and premature birth of the infant. The lawsuit alleges defective design, negligence and consumer fraud.
Posted: Apr 04, 2024
Americans are divided evenly on the necessity of requiring dog restraints in cars, according to Erie Insurance.
Posted: Apr 04, 2024
The latest insurance industry personnel news from Safety National, Novidea, USQRisk and more.
Posted: Apr 04, 2024
In this week's Legal Speak episode, James Whittle with the American Property Casualty Insurance Association dives into the impact of what the organization has dubbed "legal system abuse" as social inflation—the belief that large corporations are "bad...
Posted: Apr 04, 2024
The suite of five products five products directly address risks faced by cryptocurrency exchanges, asset managers, technology developers, miners, token issuers, institutional staking providers, and others.
Posted: Apr 04, 2024
Insurance experts analyze who was involved from a coverage and liability perspective.
Posted: Apr 04, 2024
AI risk assessments may offer more advantages because they give insureds the tools and information necessary to monitor and improve their properties.
Posted: Apr 04, 2024
Third-party administrators have gone from being ‘predictable run’ partners for L&A companies to a new model of being partners in strategic growth initiatives, panelists from Celent, Ameritas and Sutherland discussed in an IIR webinar sponsored by Sut...
Posted: Apr 04, 2024
The Latest Launches from Aon, Driver Technologies, NEXT Aon plc, a global pro...
Posted: Apr 04, 2024
Re Buyers’ Market Prevails So Far; Reinsurer...
Posted: Apr 04, 2024
A New Approach: Florida Agents Association Invests in Startup Insurer The Florida Association of Insuran...
Posted: Apr 04, 2024
The Surprises Lurking in Your Underwriting Rules sradomski Thu, 04/04/2024 - 17:12 Image
Posted: Apr 04, 2024
Ignore the Doom and Gloom: Insurtech is Thriving sradomski Thu, 04/04/2024 - 16:36 Image
Posted: Apr 04, 2024
InsurTech Neural Earth Secures $1.4M in Pre-Seed Funding Neural...
Posted: Apr 04, 2024
The 9th Circuit held that Heritage Bank of Commerce did not strictly comply with the notice provision under its claims-made-and-reported policy. The post
Posted: Apr 04, 2024
The latest appointment in the commercial insurance space The post Andreas Berger to Take Helm as CEO of Swiss Re appeared first on
Posted: Apr 04, 2024