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Gallagher on what’s worrying business owners in the US
“Supply chain disruptions can happen anytime, anywhere, and can cripple operations without proactive planning and risk modeling. By investing in resilience now, businesses can reduce downtime, protect their bottom line, and ensure long-term continuity in the face of uncertainty,” Gallagher said. Source link
Cigna Group announces leadership changes
Meanwhile, Nicole Jones, who is chief administrative officer and general counsel, will expand her portfolio of responsibilities to include Cigna Group’s enterprise marketing division. This brings together marketing with other functions Jones already leads including public affairs, federal and state government affairs, legal and HR functions. Source link
Admiral Group agrees to sell US motor insurance operations
Company to switch its focus to home turf and Europe Source link
Key moves at EPIC Insurance, Vantage Group, Mosaic, Hiscox USA and Marsh McLennan
Moves include a new global leader and a new COO Source link
Massive Florida State Farm case over alleged patient brokering scheme clears early legal hurdle
Case information Case: State Farm Mutual Automobile Insurance Company v. Spine Centers of America, Inc., et al. Court: U.S. District Court for the Middle District of Florida Case No.: 8:24-cv-1064-CEH-AEP Judge: Charlene Edwards Honeywell Date of ruling: March 21, 2025 Plaintiff: State Farm Mutual Automobile Insurance Company Defendants: Spine Centers of America, Robert Cagno, Lester Morales…
New Jersey proposes tighter rules on life insurance reserves to match national standards
The proposal, introduced by the Department of Banking and Insurance, calls for the adoption of the NAIC Term and Universal Life Insurance Reserve Financing Model Regulation #787, known within the industry as the XXX/AXXX Model Regulation. The move would bring uniformity and greater transparency to reserve financing, an area that has historically presented regulatory challenges. Source link