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Ardonagh Group launches new division
[ad_1] 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. [ad_2] Source link

Florida insurance oversight debate heats up as DFS counters OIR criticism
[ad_1] The state’s unique bifurcated regulatory structure involves two primary entities: the DFS, traditionally led by the chief financial officer and responsible for managing consumer services, including the intake and initial processing of insurance complaints; and the OIR, headed by the insurance commissioner, overseeing insurer licensing, rate approvals, and market conduct examinations. [ad_2] Source link

Shareholders push Chubb on emissions, SEC agrees
[ad_1] 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. [ad_2]…

Ransomware still costly, but cyber claims down – Coalition
[ad_1] Akira and Black Basta dominate variants as early reporting proves critical [ad_2] Source link

From bank arm to independent insurance force: Inside CRC’s bold reset
[ad_1] “I went to our CEO, Dave (Obenauer), and said, we’re on this new journey, and coming out on the other side, I think we need to come out as a new company,” Marshall told Insurance Business. “We are going to be on a new path for supercharged growth, and a whole world of opportunity…

Insurance is failing Latino entrepreneurs amid DEI cuts, industry veteran warns
[ad_1] Monica Adwani (pictured) has spent nearly 20 years in corporate and independent insurance roles. Raised in Puerto Rico and now based in Massachusetts, she’s seen how systemic oversights – from a lack of bilingual agents to performative DEI programs – fail to meet the needs of Latino entrepreneurs. Real inclusion means designing policies with…