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Authorities say three trains were involved in a collision and derailment in eastern Pennsylvania on Saturday morning that caused no reported injuries or evacuations but left some railroad cars scattered along a riverbank and at least one partially in...
Posted: Mar 04, 2024
Howden Tiger, the reinsurance broking arm of Howden, recently announced the appointment of Estevam Souza to the position of Head of Operations, Brazil. Antonio Jorge Rodrigues, Head of Howden Tiger Brazil, expresses enthusiasm about Souza joining...
Posted: Mar 04, 2024
March 1 (Reuters) – A Texas homeowner whose house was destroyed by a massive wildfire raging northeast of Amarillo sued electric utility Xcel Energy XEL.O on Friday, alleging that a splintered power pole owned by the company fell and started &#...
Posted: Mar 04, 2024
By Jahna Jacobson The definition of a high-net-worth client varies, but it’s not unheard of for clients to pay millions of dollars in premiums to insure higher values homes worldwide. Agents who want to target the high-net-world market must spe...
Posted: Mar 03, 2024
Theft is an opportunistic crime, and few places provide more opportunity for a criminal than a hotel or resort. From the moment that guests first pull into the parking lot until their eventual check out and departure, theft risks lurk …
Posted: Mar 03, 2024
Insurance technology news from Cognizant, Capitol Benefits, Cytora and more.
Posted: Mar 03, 2024
Most small businesses don't have the resources to run a security operations center because of time, effort and technology costs. MDR offers a more cost-effective way for businesses to add expertise and improve their security.
Posted: Mar 03, 2024
The industry could see a ‘Back to The Future’ moment with cloud software provider exerting outsized price increases at some point when the risks of switching providers is elevated.
Posted: Mar 03, 2024
Hyundai Motor Group received the most Top Safety Pick+ and Top Safety Pick designations with 16 total.
Posted: Mar 03, 2024
By Patrick Wraight Homeowners insurance companies are having a rough year. What’s worse is that they seem to be taking it out on us, their customers. According to an article on Policygenius, the cost of homeowners insurance went up an …
Posted: Mar 03, 2024
Maintaining a progressive approach to marketing is crucial for an insurance business to succeed. Innovative tools, software and platforms have transformed the way modern insurance professionals connect with their audience, streamline operations and e...
Posted: Mar 03, 2024
Here's how to revolutionize workplace safety culture to drive employee welfare and bottom-line benefits.
Posted: Mar 03, 2024
On Febuary 26, the agency released the Cybersecurity Framework 2.0, the first significant revamping of the guidance since its 2014 creation.
Posted: Mar 03, 2024
By Denise Johnson The auto insurance market is tough and varied. Totaled auto losses are up, down or relatively stable, depending on the data source. Ever since the personal auto segment recorded a combined ratio of 112 in 2022 – …
Posted: Mar 03, 2024
For the last decade and a half, business leaders have struggled to comprehend, motivate and manage the millennial generation. Recently, I read an online article where business owners discussed the “new” generation of workers and it was bo...
Posted: Mar 03, 2024
Join forces with Hagerty to not just survive but thrive in the hard market.
Posted: Mar 03, 2024
The business owners policy has eligibility for more than 300 business classes across eight industries, including restaurants, offices, wholesale, habitational and more.
Posted: Mar 03, 2024
Yvette Prichard says cyber insurance continues to be an area where small businesses have significant gaps in their insurance portfolios. “It is a big risk; any business that does anything on a computer needs cyber liability,” said Prichar...
Posted: Mar 03, 2024
Use of artificial intelligence (AI) is on the rise but most firms making use of the new technology do not provide appropriate guidance. That’s according to Gallagher’s 2023/24 State of the Sector report, which found that 71% of firms usin...
Posted: Mar 03, 2024
There are reasons to be optimistic about the small business insurance market. New businesses are opening their doors every day. Small business start-ups are booming with record-breaking new business applications reported in 2023. While the rising cos...
Posted: Mar 03, 2024
Over the next 15 years, 50% of the current insurance workforce will retire. It’s a jarring number. This leaves more than 400,000 open positions unfilled, according to the U.S. Chamber of Commerce. At the same time, the industry is experiencing...
Posted: Mar 03, 2024
By Ezra Amacher The Texas Supreme Court recently ruled that when an insurance company pays an appraisal award plus any statutory interest in a weather-related first-party property case, there is no liability for attorney’s fees. The court respo...
Posted: Mar 03, 2024
Here are four things agents should consider when ensuring adequate product liability protection for clients.
Posted: Mar 03, 2024
The vendor will strengthen support for existing customers and expand its reach to prospects seeking SaaS solutions across life, property and casualty, and workers’ comp markets.
Posted: Mar 03, 2024
According to Allianz, businesses are most likely to develop alternative suppliers when working to de-risk supply chains.
Posted: Mar 03, 2024
For the savvy risk professional, the one charged with great power to protect construction workers and the bottom line, becoming a mitigation hero is more than a necessity — it’s a responsibility. The post
Posted: Mar 03, 2024
Michael Berger of Munich Re shares what it takes to insure artificial intelligence in today's ever-changing world. The post 6 Questions for Mun...
Posted: Mar 03, 2024
Artificial intelligence can help brokers manage the high-volume, low-premium accounts commonly associated with small and middle market businesses. The post
Posted: Mar 02, 2024
Insurance Business Magazine - US
Posted: Mar 01, 2024
Posted: Mar 01, 2024
Insurance Business Magazine - US
Posted: Mar 01, 2024
American National’s Specialty Markets Group is recognized as one of the leading writers of credit-related insurance products.
Posted: Mar 01, 2024
Conrade Insurance Group this week reported a data breach upon identifying unusual activity in its email system. The Newton, Kansas-based insurance agency posted a Notice of data Event on its website stating an investigation determined that one employ...
Posted: Mar 01, 2024
American National Group is to transfer Specialty Markets Group (SMG), a writer of credit-related insurance products based in the US, to Core Specialty. Mark Walker will join Core Specialty as President of the newly formed Financial Services Divisi...
Posted: Mar 01, 2024
Gun Oversight Focus of Testimony in Fatal Alex Baldwin Movie Set Shooting A film-set manager inc...
Posted: Mar 01, 2024
U.S. Power Companies Under Fire Over Role in Deadly Wildfires The wildfire raging across the T...
Posted: Mar 01, 2024
U.S. Insurers Face Challenges as Spike in Rati...
Posted: Mar 01, 2024
Ryan Specialty reported fourth quarter 2023 net income of $58.5 million and net income of $194.5 million for the full year. The Chicago-based specialty insurance firm grew Q4 net income by about 28% from the prior year, while full year …
Posted: Mar 01, 2024
According to analysts at Fitch Ratings, the combination of a strong earnings generation, the stabilisation of financial markets, and the move to the accounting standard IFRS17 of major reinsurers, has led to a “strong recovery” in rein...
Posted: Mar 01, 2024