[ad_1] As part of the deal, the acquired team will move across [ad_2] Source link

[ad_1] According to Resilience’s 2024 Cyber Risk Report, third-party related claims made up 31% of all cyber claims, with 23% of material losses linked to third-party risks. Ransomware remained a leading cause of loss, with 43% of claims involving first-party ransomware incidents. Additionally, ransomware targeting vendors emerged as a significant source of business interruption, contributing…

[ad_1] “Being green is often seen more as a cost and a burden than a profitable business proposition, but our survey suggests that perception is changing,” he said. “As manufacturers adopt smart technologies to drive greener, safer and more efficient production, they are not only reducing their environmental footprint but also strengthening their competitive edge.”…

[ad_1] Adaptive frameworks and external advisors are key [ad_2] Source link

[ad_1] House Bill 1228 creates a carveout to Kentucky’s long-standing rule that excludes psychological injuries from workers’ compensation coverage unless directly caused by physical harm. The bill, which applies to police officers, firefighters, emergency medical personnel, front-line state workers, and Kentucky National Guard members, introduces a presumption of compensability for PTSD diagnoses stemming from job-related…

[ad_1] House Bill 1842, sponsored by Rep. Mark Lepak, would amend Section 13 of the Workers’ Compensation Code (85A O.S. §13) to bolster coverage for mental health injuries — particularly PTSD — incurred by law enforcement officers, firefighters (paid or volunteer), and emergency medical technicians. While PTSD is already a recognized injury for first responders…

[ad_1] House Bill 1842, sponsored by Rep. Mark Lepak, would amend Section 13 of the Workers’ Compensation Code (85A O.S. §13) to bolster coverage for mental health injuries — particularly PTSD — incurred by law enforcement officers, firefighters (paid or volunteer), and emergency medical technicians. While PTSD is already a recognized injury for first responders…

[ad_1] In the latest edition of Insurance Business TV, we catch up with one of this year’s 5-Star Wholesale Brokerage and MGAs winners, Johnson & Johnson. Chairman and CEO Francis G Johnson discusses the E&S market in 2025, emerging trends and how he expects the area to develop this year.   [ad_2] Source link

[ad_1] Gallagher has released its Q1 2025 edition of Plane Talking, offering a detailed assessment of aviation insurance market conditions, claims activity, and underwriting sentiment across sectors including airlines, aerospace manufacturers, general aviation, and space. [ad_2] Source link

[ad_1] New partnership strengthens national reach and client service capabilities [ad_2] Source link

[ad_1] State-owned solution aims to offset costly premiums and expand coverage [ad_2] Source link

[ad_1] Regulator cites inefficiencies and low complaint transfer rates as key issues [ad_2] Source link

[ad_1] Cross-border collaboration to benefit from proven military coordination [ad_2] Source link

[ad_1] Company president highlights importance of moves [ad_2] Source link

[ad_1] Umbrella and excess coverage, along with commercial auto, saw the most significant increases [ad_2] Source link

[ad_1] The bill would offer a tax credit for premiums paid in excess of $2,500 per vehicle [ad_2] Source link

[ad_1] In 2017, a district judge dismissed the DOJ’s claims, finding they did not meet necessary legal standards. However, in March 2025, a court-appointed special master recommended the case proceed to trial, stating that the DOJ’s evidence lacked substance. [ad_2] Source link

[ad_1] International expertise to enhance response systems and case coordination [ad_2] Source link

[ad_1] For example, when converting a quote into a policy, it’s the Accredited Customer Service Representative’s duty to meticulously verify the relevant information, update policy terms, and adhere to stringent company protocols. This is essential to ensure a seamless transition from a client’s inquiry to a bona-fide insurance policy agreement.   [ad_2] Source link

[ad_1] “Using AI to detect fraudulent claims, for example, is no longer a nice to have, it’s a necessity. Because the bad guys are already using it,” Gupta said. “Claims are coming in with AI-crafted documents. Someone can easily create what looks like a legitimate ransomware attack, but all the artifacts are AI-generated. If a…

[ad_1] The 2025 Atlantic hurricane season is expected to be more active than usual, with 17 named storms, nine hurricanes, and four major hurricanes, according to a new forecast from Colorado State University (CSU) in partnership with the Insurance Information Institute (Triple-I). [ad_2] Source link

[ad_1] APCIA represents home, auto, and business insurers nationwide and advocates for competitive private insurance markets. Its members include insurers of all sizes and structures, serving families, communities, and businesses across the US and globally. [ad_2] Source link

[ad_1] Esparza brings more than 30 years of insurance industry experience, with a background in business development, direct-to-consumer sales, and marketing innovation. In his new role, he will oversee regional operations and lead initiatives aimed at increasing ALKEME’s market share and strengthening its presence in key growth markets. [ad_2] Source link

[ad_1] “Danny’s extensive experience in strategic benefits consulting, carrier relationships, and market analysis makes him a valuable asset to our team,” said Kevin Overbey, president of Alliant Employee Benefits. “His ability to develop tailored solutions that align with business goals while maximizing employee value will help our clients optimize the value of their programs.” [ad_2]…

[ad_1] Proponents argue that the bill is necessary to protect older drivers from unfair rate increases, particularly as Louisiana grapples with high auto insurance premiums. According to the report, the bill has faced opposition from the insurance industry, with the American Property Casualty Insurance Association (APCIA) asserting that it unnecessarily duplicates existing regulations. [ad_2] Source…

[ad_1] Proponents argue that the bill is necessary to protect older drivers from unfair rate increases, particularly as Louisiana grapples with high auto insurance premiums. According to the report, the bill has faced opposition from the insurance industry, with the American Property Casualty Insurance Association (APCIA) asserting that it unnecessarily duplicates existing regulations. [ad_2] Source…

[ad_1] Lerone Sidberry, president and COE of Hub Midwest West, emphasized the strategic fit of the acquisition, stating: “With deep expertise across all facets of the insurance industry, Dansig’s experience and skillsets perfectly complement and strengthen Hub’s capabilities in the region. We’re excited to welcome the Dansig team to Hub.” [ad_2] Source link

[ad_1] They include an inaugural COO and a new head of property [ad_2] Source link

[ad_1] Founded in 1980 and based in Phoenix, Arizona, BGA serves more than 2,500 agents and agencies, and represents over 8,000 group insurance clients and 60,000 individual policyholders. This marks Warner Pacific’s seventh acquisition in the past year and underscores the company’s continued expansion across the US, particularly in the Southwest. [ad_2] Source link

[ad_1] Simon Delchar, global head of placement at Willis, added that the expansion reflects growing collaboration within the London cyber market. “CyXS Plus and CyXS Company bring the number of insurers supporting CyXS to 25, showing fantastic commitment from the London cyber market to deliver better outcomes for our clients around the globe,” he said….