Insurance moves: CRC Group, King Risk, AmTrust, Lockton, Sompo and Canopius

[ad_1] In the first half of 2025, recalls totaled 1,636, slightly down from 1,697 in the same period of 2024. Units affected fell to 211.25 million, compared to 384.17 million a year earlier, the lowest half-year figure in a decade. For insurers, this reflects reduced exposure to large-volume losses but continued pressure from the rising…

[ad_1] Electronic components are the building blocks of modern life. Companies in the electronic components manufacturing space play a vital role in global supply chains but also face serious risks. Whether your operation specializes in wiring, meters, control boards, or integrated modules, one faulty part can disrupt entire systems and lead to costly claims. The…

[ad_1] Bonnie Steen was promoted to regional vice president, overseeing operations in Louisiana, Arkansas, Mississippi, and Alabama. William Briscoe and Chris Siegel were elevated to vice presidents, with Briscoe managing offices in Oxford, Mississippi, and Birmingham, Alabama, and Siegel taking responsibility for all Florida offices. Berri Willis also became vice president, continuing to lead offices…

[ad_1] “Do most employers front-load or accrue time off benefits?” This question comes up a lot when I’m working with an organization to update its handbook and employment policies. Time off is one of those areas where employers have a lot of flexibility to customize their offerings*, and sometimes when we have a choice, we…

[ad_1] Measure fails to address insolvency or premium drivers in state’s troubled market, he says [ad_2] Source link

[ad_1] North Dakota has officially transferred oversight of its state fire and tornado fund from the insurance commissioner to the Office of Management and Budget (OMB), following the enactment of House Bill 1027. The change centralizes fund management under the OMB, which now oversees risk coverage for state agencies, political subdivisions, winter shows, and the…