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ALKEME taps industry veteran to lead regional growth
[ad_1] Esparza brings more than 30 years of insurance industry experience, with a background in business development, direct-to-consumer sales, and marketing innovation. In his new role, he will oversee regional operations and lead initiatives aimed at increasing ALKEME’s market share and strengthening its presence in key growth markets. [ad_2] Source link

Heritage Insurance sees net income double
[ad_1] For the first quarter, Heritage reported a net income of $30.5 million, or $0.99 per diluted share, compared to $14.2 million, or $0.47 per diluted share, in the same period last year. Gross premiums earned in the quarter totaled $353.8 million, a 3.6% increase from the previous year’s $341.4 million. [ad_2] Source link

Tariffs expected to put pressure on claims management
[ad_1] The claims sector, in particular, is vulnerable to global supply chain disruptions and material inflation that could drive up costs and slow down the resolution process. Pat Van Bakel (pictured), president, North America loss adjusted, Crawford & Company, told Insurance Business that while the full impact of tariffs is still evolving and uncertain, the…

North Dakota bill would shift securities oversight to insurance department
[ad_1] Securities regulation and insurance oversight In the US, securities regulation is primarily managed at the state level, with each state establishing its own regulatory framework. The structure and oversight of securities regulation vary across states, with some integrating securities oversight within their insurance departments, while others maintain separate agencies. [ad_2] Source link

Insurance moves: Harford Mutual Insurance and MIB Group
[ad_1] Parker, who joined MIB’s board in May 2023, leads the Global Life business for Pan-American Life Insurance Group across Latin America, the Caribbean, and the US. He also oversees several of the company’s affiliated entities. Baude, a board member since 2019, has held senior operational and technology roles at CNO Financial Group, Univita Health,…

Insurance hires: MSIG, Aspen, Converge, Frankenmuth
[ad_1] New CFOs and team leads tapped to strengthen legal, financial, and underwriting direction [ad_2] Source link