American National halts life policy sales amid strategic business shift

As we move into 2025, employers in New York will need to stay on top of several new compliance changes that either recently went into effect or will be going into effect later this year. From new obligations under the Clean Slate Act to updates on COVID-19 sick leave, expanding protections for pregnant employees, strengthened…

They include a new head of cyber and a new president of middle market Source link

“We had greenwashing a couple of years ago, where companies claimed to be more sustainable or environmentally conscious than they really were,” Shah said. “Now, we’re seeing AI-washing – companies talking about their use of AI or their research into it in a way that doesn’t necessarily reflect reality.” Source link

Pine Walk, founded in 2017, now supports 12 MGAs and provides underwriting, operational and regulatory frameworks for specialist insurance businesses. In 2024, the platform’s gross written premium grew 11% to $900 million, with expectations to exceed $1 billion this year. Source link

The proposal was submitted by Green Century Capital Management Inc., on behalf of the Green Century Equity Fund. The group argued that many of Chubb’s industry peers, including Travelers, American International Group, and Hartford, have gone “beyond their legal disclosure obligations” to provide a more complete picture of their financed and insured emissions. Source link

The launch comes as Ardonagh reported strong financial results for 2024. The company reported adjusted EBITDA of $683.4 million, up 31.2% from a year ago, while reported income rose 24% to $1.98 billion. The company also increased its workforce by nearly 1,700 employees and launched its first graduate scheme. Source link