Allstate knocks it out of the park with profits

[ad_1] The problem, Merlin argued, isn’t the existence of affiliated service providers – it’s the lack of transparency and oversight. “Managing general agents, service companies, reinsurers all have a proper place, and they can be affiliated,” he said. “But that’s why the transactions have to be audited.” [ad_2] Source link

[ad_1] Electrical manufacturers operate in a complex landscape, balancing high-value equipment, intricate supply chains, and strict safety regulations. The right insurance coverage is critical to safeguarding operations and financial stability, from equipment breakdowns to liability risks.  To better understand the key risks electrical manufacturers face—and the coverages that help mitigate them—we sat down with Rachel…

[ad_1] Coverage under the AdWrap program is available throughout all production stages, from pre-production through the final airdate, covering live-action, digital, print, and social media content. Policies offered through AdWrap cover property, casualty, and contingent risks. [ad_2] Source link

[ad_1] Committee chair Sen. Josh Hawley said many consumers feel abandoned when they need their insurers most. He cited repeated inspections, inconsistent estimates, and claim denials. “They delay, and they deny, and they offer excuses,” Hawley said, describing reports of insurers sending multiple adjusters with varying assessments. [ad_2] Source link

[ad_1] The prospective capital injection would be structured as preferred equity, sources said, with final terms yet to be agreed. The deal, if concluded, would allow BDT & MSD Partners— which previously led a $3 billion senior preferred stock investment in Acrisure in 2021— to partially redeem its existing position in the company. [ad_2] Source…

[ad_1] Fast response stressed as cyber risks escalate rapidly [ad_2] Source link