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Austin, TX., March 4, 2024 — The National Alliance for Insurance Education & Research, a leading provider in insurance and risk management education, has collaborated with CIPC and MarketScout, a division of Novatae, to launch the Daniela Finch C...
Posted: Mar 07, 2024
Pension Insurance Corporation plc (PIC), the specialist insurer of defined benefit pension funds, concluded, in November 2023, full scheme buy-ins with the Trustees of three defined benefit pension schemes formerly sponsored by Thomas Cook Group,...
Posted: Mar 07, 2024
Hub International Ltd., the Chicago-based insurance brokerage and financial services firm, announced it has acquired Zavitz Insurance and Wealth Inc. Terms of the transaction were not disclosed. Located in London, Ontario, Canada, Zavitz Insurance an...
Posted: Mar 07, 2024
The anchor of a cargo ship that was attacked by Houthi militants was the most likely cause of damage to three telecommunications cables in the Red Sea in late February, according to a subsea cable trade group that includes companies …
Posted: Mar 07, 2024
Liberty Mutual Holding Company Inc. has reported a net income of $213 million for the full year 2023, down substantially from the $414 million recorded in 2022, despite a strong end to the year. Liberty’s total net written premium for the full yea...
Posted: Mar 07, 2024
Prudential Financial and Reinsurance Group of America (RGA) have been selected for a pension risk transfer involving Verizon Communications, settling approximately $5.9 billion of Verizon pension liabilities and providing retirement security for a...
Posted: Mar 07, 2024
U.S. P/C Industry Underwriting Loss Reaches 10-Year High: AM Best AM Best publis...
Posted: Mar 07, 2024
Posted: Mar 07, 2024
Insurance and reinsurance broker Aon has named Arshi Ahmed as the Global Head of Analytics for financial, professional and cyber products, and Ben Von Obstfelder as Head of U.S. Casualty Analytics, both for Commercial Risk. The broker stated that...
Posted: Mar 07, 2024
Assicurazioni Generali SpA is analyzing a range of potential takeover candidates as part of the insurer’s growth plans, with some of them worth more than €10 billion ($10.9 billion), according to people familiar with the matter. The Italian ins...
Posted: Mar 07, 2024
Specialist insurer Beazley has announced record pre-tax profit of $1.25 billion and a combined ratio of 71% for the year ended December 31st, 2023, with strong growth in the insurance service result of 52% and an investment return of 4.9%. Group p...
Posted: Mar 07, 2024
An Ohio cannabis manufacturer and its insurer are suing a lighting products provider for negligence after a lamp it sold exploded at a greenhouse, causing six figures worth of damages. Cure Ohio and Dorchester Insurance filed a complaint last week &#...
Posted: Mar 07, 2024
Ivans, a division of Applied Systems, recently released the February 2024 results from the Ivans Index, revealing that all major commercial lines experienced an increase in average premium renewal rates month over month. The Ivans Index is a data-...
Posted: Mar 07, 2024
Privilege Underwriters, Inc. and the affiliated companies of the PURE Group of Insurance Companies have announced two key leadership appointments: Drew Saad as Chief Underwriting Officer and Dea Malollari as Chief Risk Officer. Martin Leitch, CEO...
Posted: Mar 07, 2024
The hackers responsible for the breach at UnitedHealth Group appear to have pulled a disappearing act on Tuesday, leaving their cybercriminal associates in the lurch and replacing their old website with a bogus statement from law enforcement. The U.S...
Posted: Mar 07, 2024
Hand sanitizers were tainted by benzene. Sunscreens and dry shampoos too. Now acne treatments are joining the list of widely used consumer products found to contain high levels of the chemical linked to cancer. Acne products from brands including Pro...
Posted: Mar 07, 2024
Managing general agent Parametrix, has expanded its capabilities to include real-time monitoring of the availability of Artificial Intelligence (AI) services to enable holistic business interruption insurance for the digital supply chain. Thanks t...
Posted: Mar 07, 2024
Leaders from 25 major insurance organizations recently gathered for presentations on charitable giving and volunteerism in the insurance industry and initiatives focused on philanthropy, inclusion and sustainability. During the Insurance Industry Cha...
Posted: Mar 07, 2024
In the next year or so, the Florida Supreme Court will decide on the exact meaning of a legal doctrine that, under one interpretation, has blocked the recover of millions of dollars per year in subrogation recovery for liability insurance …
Posted: Mar 07, 2024
In the next year or so, the Florida Supreme Court will decide on the exact meaning of a legal doctrine that, under one interpretation, has blocked the recover of millions of dollars per year in subrogation recovery for liability insurance …
Posted: Mar 07, 2024
Falvey Insurance Group has unveiled a commercial output insurance policy that bundles commercial property and inland marine coverage. The policy has been crafted by the firm’s Inland Marine Managing General Agency (MGA), and is specifically...
Posted: Mar 07, 2024
Liberty University has agreed to pay an unprecedented $14 million fine for the Christian school’s failure to disclose information about crimes on its campus and for its treatment of sexual assault survivors, the U.S. Department of Education ann...
Posted: Mar 07, 2024
Formerly licensed insurance agent Marcia Wable, 66, of Clovis, California, was arraigned on eight felony counts of embezzlement, forgery, and false impersonation after a California Department of Insurance investigation reportedly found she allegedly...
Posted: Mar 07, 2024
An employee who was terminated because she would not comply with a COVID-19 vaccine requirement for religious reasons is entitled to unemployment insurance, the Massachusetts Supreme Court has ruled. The state’s high court denied a bid by Fallo...
Posted: Mar 07, 2024
This post is part of a series sponsored by IAT Insurance Group. The construction industry faces a new set of challenges each year, and 2024 is no exception. Although 2023 saw a 19.7% surge[1] in spending for nonresidential buildings, many …
Posted: Mar 07, 2024
AI driving copilot app referral program for fleet managers and insurance brokers aims to increase access to telematics, HD video, cloud storage and driver safety.
Posted: Mar 06, 2024
The bill will require the Government Accountability Office (GAO) to conduct a study on wildfire damage, the existing state of insurance coverage, possible government mitigation responses, and the challenges faced by private insurers.
Posted: Mar 06, 2024
When an insured has a policy on both the old and new residence, which policy would provide coverage if property was damaged during the move?
Posted: Mar 06, 2024
The northeastern-focused regional carrier will use the AI-driven technology to enhance efficiency and accuracy its appraisal process and streamline claims for vehicles involved in accidents.
Posted: Mar 06, 2024
February was the wettest month Los Angeles has experienced in 26 years, the National Weather Service reports.
Posted: Mar 06, 2024
The latest research by Liberty Mutual and Safeco explores the unique strengths women bring to insurance agencies, as well as what female consumers want and need from agents.
Posted: Mar 06, 2024
Wearable technology is transforming workplace safety and productivity, offering real-time monitoring and proactive solutions for today's organizations.
Posted: Mar 06, 2024
A greater public awareness is needed about deep fakes and the risks associated with reputational attacks on public and private institutions.
Posted: Mar 06, 2024
The insurance industry is operating in a new world, and the affinity insurance market can’t rely on tried-and-true practices.
Posted: Mar 06, 2024
Rep. Patrick McHenry (R-North Carolina) will address the attendees during the upcoming 2024 Big “I" Legislative Conference, which will take place April 10-12 at the Westin Washington, D.C. Downtown Hotel.
Posted: Mar 06, 2024
The TriZetto platform, powered by Azure OpenAI Service, will help payers and providers reduce hidden costs and enable better patient outcomes for Americans.
Posted: Mar 06, 2024
Insurance Business Magazine - US
Posted: Mar 06, 2024
Insurance Business Magazine - US
Posted: Mar 06, 2024
Insurance Business Magazine - US
Posted: Mar 06, 2024