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Marsh names Amy Barnes global head of energy & power
[ad_1] Additionally, Marsh has also announced that Andrew Herring will take on the role of global chair of energy & power, effective January 1, 2026. Herring, who joined Marsh in 2010, has led the UK energy & power team since 2012 and will continue to be based in London. [ad_2] Source link

Insurance is shifting from the admitted to the excess and surplus market – here’s why
[ad_1] market trends premium trends premiums by insurer leading brokerages by premiums leading carriers by premiums surplus premiums by sector Homeowners drive record growth in personal lines premiums and transactions In 2024, premiums for the surplus lines sector totaled $19.1 billion, up from $16.6 billion in 2023. The…

Kinsale Insurance pushes Colony to cover $400k construction lawsuit costs
[ad_1] Here’s what happened, according to the complaint. On or about October 17, 2018, Dennis and Kimberly Stover entered into a contract with Phoenix Pools & Spas, Inc. for the construction of a new zero edge pool, spa, outdoor structure including a bathroom, retaining wall, pool equipment room, surge tank, and new landscaping at their…

Four Gift Shop Insurance Policies You Need for Your Business
[ad_1] Running a gift shop is a labor of love—whether it’s a quaint storefront in a tourist town, a family-run main street staple, or a boutique full of seasonal charm. Like any small retail operation, your gift shop faces particular risks, such as customer injuries and stolen merchandise. For the nearly 64,000 gift shops in…

New Mexico grants subpoena power to superintendent of insurance
[ad_1] Previously, the Office of Superintendent of Insurance (OSI) was limited in its capacity to compel information before filing a notice of contemplated action. Under the amended Section 59A-2-8 of the New Mexico Statutes, the superintendent can now issue a civil investigative subpoena during the early stages of an investigation. This tool can be used…

Tokio Marine Highland names new CEO
[ad_1] In January, Tokio Marine Highland marked the 30th anniversary of its Private Flood Division, originally established by Heinrich in 1995. The division, which began in Heinrich’s garage, has evolved into a market leader in private flood insurance, offering residential, commercial, and excess flood coverage. [ad_2] Source link