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Northwestern Mutual to hire 5,000 new financial advisers
In Oregon, the company plans to add 83 financial professionals, with positions available in Portland, Lake Oswego, Bend, and Eugene. Additionally, Northwestern Mutual Goodwin, Wright plans to recruit 30 new financial advisers, representatives, and interns in 2025. Source link

Cowbell expands cyber platform with 30+ integrations
This includes cloud platforms such as AWS, Azure, and Google Cloud Platform; vulnerability scanners like Tenable, Qualys, and Rapid7 InsightVM; endpoint protection tools including CrowdStrike, SentinelOne, and Sophos; identity and access management systems such as Okta, Microsoft Entra, and Arnica; and compliance tools including Qualys Policy Compliance and Security Studio. Source link

GEICO sued over misrepresentation in accident forgiveness program
GEICO’s accident forgiveness program is marketed as a way to prevent rate increases following a policyholder’s first at-fault accident. The insurer states on its website: “Your insurance rate won’t go up as a result of your first otherwise surchargeable, at-fault accident.” However, the lawsuit argues that the company’s handling of premium adjustments contradicts its marketing…

Steadfast Insurance argues for Alabama jurisdiction as surplus lines coverage
Upon receiving the claim, Steadfast conducted a multi-year investigation, which included emails, phone calls, site visits, and document requests. Ultimately, the insurer denied coverage in August 2021, citing a failure to comply with the policy’s requirement for “prompt notice” of loss or damage. Source link

Ardonagh Group close to securing $2.5 billion in investment – report
With backing from Madison Dearborn Partners and later the Abu Dhabi Investment Authority, the firm has grown under CEO David Ross. Ardonagh has acquired assets in markets including Brazil, Spain and Italy. Last year, it purchased Australia’s PSC Insurance Group for an implied equity value of A$2.3 billion ($1.5 billion), taking the company private and…