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In January, Tokio Marine Highland marked the 30th anniversary of its Private Flood Division, originally established by Heinrich in 1995. The division, which began in Heinrich’s garage, has evolved into a market leader in private flood insurance, offering residential, commercial, and excess flood coverage.
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[ad_1] “This transaction is about growth and opportunity,” said Ellen Cooper, chairman, president and CEO of Lincoln Financial Group, during a conference call. “Our partnership with Bain Capital will provide us a competitive advantage as we leverage their cross-platform asset management capabilities and deploy additional capital created through their investment to support enhanced profitable growth.”…
[ad_1] Who’s raising the bar in insurance networks and alliances? [ad_2] Source link
[ad_1] Investment declines and severe storms drive quarter’s earnings volatility [ad_2] Source link
[ad_1] It wasn’t the first time that catastrophe struck during the month [ad_2] Source link
[ad_1] Notably, before the Elon Musk-led Department of Government Efficiency (DOGE) officially took off, a coalition of nine state insurance commissioners from Alabama, Arkansas, Kansas, Louisiana, New Hampshire, North Carolina, Oklahoma, Tennessee, and West Virginia issued a joint letter to the agency urging the elimination of the FIO. [ad_2] Source link
[ad_1] The biggest concern for underwriters like Howard isn’t just tariffs alone, it’s how they amplify existing inflationary pressures on parts, labor, and claims payouts. Aviation insurance, particularly for smaller operators such as flight schools, seaplanes, helicopters, and aerial mapping businesses, already operates on tight margins and complex risk profiles. [ad_2] Source link
