They include a group managing director and a new head of healthcare Source link

Anderson, a commissioned reserve police officer with the Galena Park Police Department, operates a side business providing uniformed motorcycle police escort services to private entities such as funeral homes, athletic teams, and trucking companies. This work, which requires a licensed peace officer, is performed using Anderson’s own police motorcycle, siren, emergency lights, uniform, and other…

Although SB 79 exempts these plans from certain state and federal health insurance laws, it requires coverage for ambulance services, hospitalizations, emergency services, and lab work. Additionally, the plans must have an annual coverage limit of at least $2 million, and applicants must be members of the organization for at least 30 days before qualifying….

The ruling, issued by Judge Cynthia M. Rufe of the US District Court for the Eastern District of Pennsylvania, stems from a March 5, 2022 accident at a high-rise construction site in Philadelphia. A crane’s rigging system detached and fell from an upper level of the site at One Dock Street, striking two workers, Joshua…

Emerging threats and evolving regulations are highlighting the power of these components Source link

Type-A Numbers: Those associated with calls coded as “prerecorded” and appearing on internal do-not-call lists. Type-B Numbers: Those that received a prerecorded call after a call coded as “disconnected.” Using this data, Verkhovskaya proposed a multi-step notification plan, including reverse lookups, cross-referencing subscriber information with carrier data, and issuing subpoenas to telephone…

The plaintiffs—Sergio Navarro, Theresa Gamage, Dayle Bulla, and Jane Kinsella—are former Wells Fargo employees and former participants in the Wells Fargo & Company Health Plan (“the Plan”), a self-funded employee welfare benefit plan governed by ERISA. They sued on behalf of themselves, other similarly situated participants, and the Plan itself. Source link

Lockton Professional and Executive Risk will provide insurance broking, risk advisory, and claims support across various industries. Key areas of expertise include directors and officers liability, cyber risk, general partnership liability, errors and omissions/professional indemnity, employment practices liability, fidelity/crime, fiduciary liability, and insurance solutions for digital assets. Source link

CEO Brian Roney described 2024 as a pivotal year for Conifer, highlighting efforts to reduce debt, strengthen reserves, streamline operations and shift its focus to select personal lines. The company saw a sharp decline in commercial lines business, with total gross written premium falling nearly 50% for the year and net earned premium down 27.5%…

BTIS promotes head of operations Builders & Tradesmen’s Insurance Services, Inc. (BTIS), an Amynta Group company, has announced the promotion of Jessica Keefe to senior vice president, head of operations. With over 20 years of experience in compliance, operations, and strategic growth, Keefe has played a key role in BTIS’s expansion and operational efficiency since…

“We have deep respect for MSI developed over years of collaborating with them through the company’s reinsurance operations,” said Rob Berkley, president and CEO of W.R. Berkley. “Their significant investment is a validation of our company’s performance and growth trajectory, and we welcome the opportunity to leverage their international presence to create sustainable stockholder value.”…

“The allegations concerning Superior’s actions, such as actions that were characterized as potentially blackmailing lawmakers to secure state contracts and surveilling private citizens to avoid paying legitimate claims, are deeply troubling,” Paxton said. “I will get to the bottom of this, uncover any illegal activity, and hold bad actors responsible.” Source link

The expansion is a centerpiece of Lara’s “Sustainable Insurance Strategy,” a broad effort to stabilize California’s fractured insurance market amid mounting climate-related losses. In recent years, major carriers have pulled back from insuring properties in wildfire-prone regions, citing escalating claims and regulatory constraints. The FAIR Plan – intended as a backstop for those unable to…

The dispute centers on a Feb. 14 court order, which stayed an earlier emergency order issued by the Utah Insurance Department on Dec. 2, 2024. That emergency order had restricted the operations of three A-CAP-affiliated entities: Sentinel Security Life Insurance Company, Haymarket Insurance Company, and Jazz Reinsurance Company. Source link

Under the bill, joint and several liability rules would be modified so that businesses are required to pay economic damages in proportion to their share of fault in an incident. However, if a business is found to be more than 50% at fault, it would remain responsible for the full economic damages. Noneconomic and punitive…

The insurer, part of Berkshire Hathaway Insurance Group, currently employs nearly 3,800 workers across Florida, primarily in Jacksonville and Lakeland. Geico said the expansion is part of its ongoing commitment to modernize operations and grow its business. Source link

House Bill 1181 and its Senate counterpart propose to eliminate the state’s no-fault insurance law effective July 1, 2026. Under the proposed changes, drivers would be required to carry bodily injury liability coverage with minimum limits of $25,000 per person, $50,000 per incident, and $10,000 for property damage. Source link

Andy Shelton, of Brown & Brown, gives his market overview of the US workers’ compensation insurance landscape. He discusses the market’s recent favorable conditions, the classification of workers as independent contractors, shifts in workforce demographics and more.  Source link

President Donald Trump’s pro-business stance and “America First” philosophy could make US firms more profitable, which could positively impact valuations, according to at least one specialist. At the same time, however, economic uncertainty, driven by Trump’s tariffs and trade policies, could dampen M&A as investors take a wait-and-see approach. Source link

Tensions between Generali’s management, Mediobanca, and the billionaire investors have been further heightened this year over the insurer’s agreement with French banking group BPCE to merge their investment units, aiming to create Europe’s second-largest asset manager. Some Generali board members, backed by Caltagirone, have opposed the deal. Source link

Tensions between Generali’s management, Mediobanca, and the billionaire investors have been further heightened this year over the insurer’s agreement with French banking group BPCE to merge their investment units, aiming to create Europe’s second-largest asset manager. Some Generali board members, backed by Caltagirone, have opposed the deal. 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

Jump to winners | Jump to methodology Generational superstars Insurance Business has compiled the 2025 Global 100, featuring outstanding professionals from across six different markets: the US, Canada, Australia, New Zealand, Asia-Pacific and the UK. All of those featured have had a definitive impact on the industry and taken their respective firms to new heights. 2024…

A search for solutions With the legislation in limbo, lawmakers have turned to a task force model, aiming to bring all stakeholders to the table – including the Department of Insurance, DCFS, insurers, legal advocates, and child welfare organizations. The group is expected to begin meeting within 30 days of all appointments and must submit…

The financing will be issued through surplus debentures, with $95 million provided by an affiliate of Gallatin Point Capital LLC and the remaining $15 million funded by Baldwin affiliates. The transaction is expected to close in the second quarter of 2025, subject to regulatory approvals and customary closing conditions. Source link

Ategrity operates in 48 states and the District of Columbia on a surplus lines basis. At the end of 2024, California accounted for 21% of its gross written premium, followed by Florida at 16.2%, Texas at 12.8%, and New York at 6.4%. The company provides commercial property, low-limit general liability and management, as well as…

“Workers’ compensation fraud is a significant issue, with estimates suggesting it costs insurers between $35 to $44 billion annually,” Sarzen said. “Emerging fraud-fighting techniques centered on data and analytics can enable insurers to identify fraud in real-time, allowing investigators to act more quickly and accurately. This proactive approach is essential for maintaining stability and driving…

The bill, H.F. No. 2752, defines key operational terms for P2P car-sharing services, clarifying the legal distinctions between car-sharing and traditional rental services. Unlike traditional car rentals, peer-to-peer car-sharing allows private vehicle owners to rent their cars to others via online platforms. By excluding P2P car-sharing agreements from the legal definition of vehicle rentals, the…

The sandbox’s entry requirements remain stringent. Applicants must submit a detailed technical and business plan, a $750 filing fee, demonstrate at least $25,000 in available funds, and provide extensive disclosures on financial backing and executive leadership. Crucially, innovations must offer consumer protections and pose “no unreasonable risk of consumer harm.” Source link

The owner of the business, German Portillo, expressed shock and disbelief in an interview with local media. A longtime Lake Wales resident and active community member, Portillo has led the Univista Insurance franchise for nearly eight years. He is also a pastor at Iglesia Bautista Nuevo Amanecer and operates a separate small business in satellite communications….