All Posts
Insurance Business Magazine - US
Posted: Mar 28, 2024
Many carriers and agencies struggling with inefficient compliance, poor agent engagement, and incomplete data don’t recognize the symptoms. Do you?
Posted: Mar 28, 2024
The insurer announced plans to buy AIG’s UK life insurance business for $563 million last year.
Posted: Mar 28, 2024
Insurance Business Magazine - US
Posted: Mar 28, 2024
CISO Global will offer a $250,000 warranty for its AI-based endpoint detection and response technology.
Posted: Mar 28, 2024
Insurance Business Magazine - US
Posted: Mar 28, 2024
Governors Highway Safety Association, Cambridge Mobile Telematics release “A Road Map for Safer Roads” to highlight comprehensive strategies to combat distracted driving Washington, D.C. & Cambridge, MA, March 28th, 2024 ...
Posted: Mar 28, 2024
J&J Can Contest Evidence Linking Its Talc to Cancer, US Judge Rules Johnson & Johnson will get a n...
Posted: Mar 28, 2024
UnitedHealth Offers Over $3.3B in Loans to Providers Hit by Cybera...
Posted: Mar 28, 2024
Proceeds will support Oka's risk-based capital requirements and operational growth.
Posted: Mar 28, 2024
The capacity will be available across Ki’s open market classes of business.
Posted: Mar 28, 2024
The April 1st, 2024, reinsurance renewals were “more predictable and generally favorable to reinsurance buyers,” with pricing broadly flat for property catastrophe reinsurance, according to insurance and reinsurance broker Aon. AonR...
Posted: Mar 28, 2024
Gartner's cybersecurity predictions for 2024 reveal a shift toward GenAI adoption, increased focus on human behavior, and the escalating cost of combating misinformation. The post
Posted: Mar 28, 2024
Emerald Bay Risk Solutions, a collaborative underwriting carrier, has formally launched with a significant strategic investment from Bain Capital Insurance, the dedicated insurance investing unit of Bain Capital. Led by Dave Ingrey as Chief Execut...
Posted: Mar 28, 2024
Ki, the digital and algorithmically driven Lloyd’s syndicate, announced a partnership with Beazley whereby Ki will offer additional follow capacity from Beazley syndicate 2623/623 through its digital platform from April 2, 2024. Ki said this is...
Posted: Mar 28, 2024
Parametric insurance is becoming more mainstream and has become a great tool to complement traditional insurance as the potential devastating impacts of perils like earthquakes increase, Megan Linkin commented in a recent interview with Reinsuranc...
Posted: Mar 28, 2024
Miller, the London-based independent specialist re/insurance broker, announced that GIC, Singapore’s sovereign wealth fund, has completed the acquisition of Cinven’s shares in Miller. GIC and private equity firm Cinven acquired Miller in...
Posted: Mar 28, 2024
Insurance broker and risk advisor Marsh has appointed Alexander Pui as Senior Vice President, Climate and Sustainability Consulting, for Marsh Asia. A renowned figure within the sector, Pui was named the Risk Leader of the Year by the Risk Managem...
Posted: Mar 28, 2024
Johnson & Johnson will pay $75 million to settle a consumer protection lawsuit filed by Mississippi over the company’s talc-based baby powder, according to people familiar with the matter, resolving litigation in which the state had sought...
Posted: Mar 28, 2024
Exploring the complex relationship between wages and temporary disability benefits duration, this report reveals higher-paid, older workers typically receive longer-term benefits The post
Posted: Mar 28, 2024
Oka, The Carbon Insurance Company (Oka)™ has announced that it has closed a $10-million investor raise that “sets the foundations for its next phase of growth.” Lead investors included Aquiline Capital Partners LP and firstminut...
Posted: Mar 28, 2024
As this year’s RIMS Harry & Dorothy Goodell Award recipient, Eamonn Cunningham keeps in mind how far he’s come and what he is still meant to do within risk to help the profession thrive. The post
Posted: Mar 28, 2024
The Fidelis Partnership, the Bermuda-based managing general underwriter, announced that Lloyd’s has granted “in principle” approval for the launch of Syndicate 3123 in collaboration with Fidelis Insurance Holdings Ltd. and Hampden A...
Posted: Mar 28, 2024
London’s High Court has decided that the $10 billion battle between reinsurers and a host of aircraft leasing companies seeking payouts for more than 200 jets stuck in Russia should be heard in London rather than Moscow, as per a new report...
Posted: Mar 28, 2024
Global investment firm GIC has completed the acquisition of Cinven’s shares in Miller, a transaction that “secures long-term independent future for Miller as a leading specialist broker.” Having announced GIC’s acquisition plans back in December 2...
Posted: Mar 28, 2024
Treasury Secretary Janet Yellen said she expects insurers’ payouts to help cover some of the costs of rebuilding the Baltimore bridge that collapsed earlier this week. “My expectation would be that, ultimately, there’ll be insurance...
Posted: Mar 28, 2024
The city of Berkeley, California, has agreed to halt enforcement of a ban on natural gas piping in new homes and buildings that was successfully opposed in court by the California Restaurant Association, the organization said. The settlement follows...
Posted: Mar 28, 2024
The Fidelis Partnership, formerly known as Fidelis MGU, has confirmed that Lloyd’s has granted “in principle” approval for the launch of Syndicate 3123 in collaboration with Fidelis Insurance Holdings Limited (Fidelis Insurance Group), a global sp...
Posted: Mar 28, 2024
Insurance Business Magazine - US
Posted: Mar 28, 2024
Insurance Business Magazine - US
Posted: Mar 28, 2024
UK Stands to Lose 8 Million Jobs From AI, Analysis Warns As many as 8 million UK wo...
Posted: Mar 28, 2024
Baltimore Bridge May Trigger Historic Marine Loss, Lloyd’s of...
Posted: Mar 28, 2024
Many carriers and agencies struggling with inefficient compliance, poor agent engagement, and incomplete data don’t recognize the symptoms. Do you?
Posted: Mar 28, 2024
John Neal, Chief Executive Officer (CEO) of the specialist Lloyd’s insurance and reinsurance marketplace, said this afternoon that the Baltimore bridge event provides an opportunity for the industry to show the value of insurance. “I&#...
Posted: Mar 28, 2024
According to a recent Reinsurance News poll, over 80% of industry respondents anticipate the use of parametric triggers in reinsurance arrangements to rise in 2024. Parametric news has featured heavily in our pages so far this year, though admitte...
Posted: Mar 28, 2024
A $10 billion battle between reinsurers and aircraft leasing companies seeking payouts for more than 200 jets stuck in Russia should be heard in London rather than Moscow, London’s High Court ruled on Thursday. Aircraft lessors, including Irela...
Posted: Mar 28, 2024
The city of Boston will pay about $4.6 million to settle a wrongful death lawsuit stemming from the police killing of a mentally ill man in 2016. The mother of Terrence Coleman, 31, filed the federal lawsuit six years ago. …
Posted: Mar 28, 2024
The collision of three Norfolk Southern trains in Pennsylvania early this month highlights the shortcomings of the automated braking system that was created to prevent such crashes. None of the circumstances the National Transportation Safety Board d...
Posted: Mar 28, 2024
Velonetic has revealed that the market cutover to Blueprint Two phase one digital services will move from July 2024 to a target date of October 2024, a decision driven by feedback shared by market participants and their respective market associati...
Posted: Mar 28, 2024
Convicted killer Alex Murdaugh didn’t tell the truth when FBI agents repeatedly asked him where more than $6 million he stole ended up and whether another attorney not yet identified helped him steal from clients and his law firm, federal ̷...
Posted: Mar 28, 2024
Chubb Personal Risk Services (PRS) has launched Flood Insurance System, a new self-service platform designed to give agents quicker access to flood quotes. Integrated with the Chubb Agent Portal and Masterpiece EZ Quote homeowners platform, this n...
Posted: Mar 28, 2024
American farmers will plant more corn than soybeans in 2024 — as they have in most years for over a century. But beyond that, a green diesel boom threatens to dethrone the king of all crops. President Joe Biden’s decarbonization …
Posted: Mar 28, 2024