[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….

[ad_1] How can the industry break down barriers? [ad_2] Source link

[ad_1] “People like to have that personal touch with a claims adjuster” [ad_2] Source link

[ad_1] Profitability and pricing Implications | Insurance Business America Featured Content Profitability and pricing Implications The California Surplus Lines Market Index highlights the sector’s resilience and adaptability, even amid economic and environmental challenges. These trends serve as both a gauge of market health and a strategic tool for shaping policy offerings, pricing and risk management….

[ad_1] Attracting and retaining younger generation | Insurance Business America Lines of Business Insights Attracting and retaining younger generation The California Surplus Lines Market Index highlights the sector’s resilience and adaptability, even amid economic and environmental challenges. These trends serve as both a gauge of market health and a strategic tool for shaping policy offerings,…

[ad_1] Brokerages insight: A deep dive into Gallagher | Insurance Business America Brokerage Market Review Brokerages insight: A deep dive into Gallagher The California Surplus Lines Market Index highlights the sector’s resilience and adaptability, even amid economic and environmental challenges. These trends serve as both a gauge of market health and a strategic tool for…

[ad_1] “The sale of Interboro formally completes our strategic transformation into a specialty insurer focused on underwriting commercial residential property insurance,” said Brad Martz, president and CEO of American Coastal. “All of our capital and human resources are now fully focused on our core business.” [ad_2] Source link

[ad_1] Nominations for Insurance Business’ search for the best employers ends soon [ad_2] Source link

[ad_1] “As with all our products, after we release we continue to enhance,” Hrach added. “We’re always trying to understand how we can be better, how we can do better. As we’re starting to expand into the distribution and the sales side of carriers, we’re creating even more integrations between our solutions. This is just…

[ad_1] The latest in its acquisition spree [ad_2] Source link

[ad_1] “This collaboration further diversifies and expands Root’s offerings across distribution channels,” said Alex Timm, Root’s co-founder and CEO. “Our partnership channel has seen new writings increase 115% year-over-year as our pipeline continues to expand across the automotive, financial services, and agent sub-channels.” [ad_2] Source link

[ad_1] Equitable Holdings acquires 19.8 million AllianceBernstein units [ad_2] Source link

[ad_1] The rate adjustments will affect approximately 148,000 policyholders. The first increase will take effect on Sept. 1, with the second set to begin on Aug. 31, 2026. Under the terms of the agreement, insurers cannot request another rate increase until Sept. 1, 2027, the insurance department said. [ad_2] Source link

[ad_1] Florida Attorney General James Uthmeier said the review identified numerous unrelated claims that should not have been submitted for reimbursement. These allegedly included non-hurricane-related damages, which, under the fund’s guidelines, were ineligible for payment. The attorney general’s office stated that Universal’s reporting practices led to excess payments from the hurricane fund, the report said….

[ad_1] They include a new head of cyber and a new president of middle market [ad_2] Source link

[ad_1] Developed in collaboration with the Center for Law, Energy and the Environment (CLEE) at the University of California, Berkeley, the policy links wildfire mitigation practices with lower insurance pricing. It will cover 1,345 acres of Tahoe Donner’s forested and recreational land, offering a 39% reduction in premium and an 89% reduction in deductible compared…

[ad_1] The acquisition adds approximately $2 billion in enterprise value to The Standard’s group benefits division to expand its footprint in the voluntary benefits space, complementing its offerings in disability, life, dental, vision, and paid leave services. [ad_2] Source link

[ad_1] “Some takeaways were that interest rates are likely to remain somewhat high, especially if tariffs are high, but that there’s a huge need for housing, especially multifamily housing,” he said. “So, networks can take back to their agencies, saying, ‘You ought to look at commercial habitation risk,’ because there’s building, there’s growth, there’s funding,…

[ad_1] As fears of deportation ripple through the construction sector, insurance professionals warn that uncertainty is already shifting coverage terms [ad_2] Source link

[ad_1] Tariffs and inflation have long been pressing concerns for the construction industry, but in recent years, their impact on builder’s risk insurance has become even more pronounced. As material costs fluctuate and supply chain issues persist, contractors and insurers alike are reconsidering approaches to risk mitigation, pricing, and project planning. [ad_2] Source link

[ad_1] New report reveals coffee makers have substances that can elevate LDL cholesterol [ad_2] Source link

[ad_1] Insurify projects average auto premiums could rise 19% in 2025, up from 5% before the tariffs were factored in. Of that increase, 7% is attributed to the latest global tariffs, 4% to steel and aluminum duties, and 3% to North American trade impacts. The benchmark is reinforced by the COVID-19 pandemic, when replacement costs…

[ad_1] “We’re committed to becoming the premier Ancillary General Agency partner in the market,” said Riva Dumeny, president of Amwins group benefits. “Nelligan’s deep expertise and strong market presence make them the perfect partner to help us achieve that vision. Together, we are expanding our product capabilities, strengthening our relationships, and enhancing our ability to…

[ad_1] “This acquisition is part of our strategic effort to scale high-growth broking businesses and expand our capabilities across the insurance value chain,” said Scott Burnett, head of corporate mergers and acquisitions for WTW’s risk and broking division. “GCC brings strong market penetration, especially in the trade credit space, and will significantly enhance our scale…

[ad_1] Mangione, who was arrested in Altoona, Pennsylvania, after a nationwide manhunt, reportedly expressed hostility toward the health insurance sector in a “manifesto” found during his arrest. Among the manifesto’s entries, Mangione stated that “the target is insurance” because it “checks every box,” indicating a clear focus on the industry. [ad_2] Source link

[ad_1] Through the partnership, Fulmer Insurance Group agents will gain access to Integrity’s platform of technology solutions, including MedicareCENTER, a platform for quoting, enrollment, and policy management, and Ask Integrity, an AI-driven assistant designed to strengthen customer relationships. [ad_2] Source link

[ad_1] Bessire, former CTO and chief data officer at Coterie Insurance, will enhance MGT’s AI-driven risk assessment and pricing capabilities. Johnson, with a track record in scaling agency networks, will lead business development efforts to expand MGT’s presence nationwide. [ad_2] Source link

[ad_1] However, the Erie survey found that many Americans fall short of this guideline. Over half (54%) of respondents reported getting fewer than seven hours of sleep, with about 11% getting four or fewer hours. This lack of sleep can lead to impaired thinking, reduced alertness, and heightened drowsiness, all of which contribute to a…

[ad_1] For example, if someone with a homeowners policy liability limit of $300,000 is found responsible for $1 million in damages due to an accident on their property, their homeowners’ policy might cover part of the damages, but the remaining $700,000 could fall on the policyholder unless umbrella coverage is in place. Mercury’s umbrella insurance…

[ad_1] In Oregon, the company plans to add 83 financial professionals, with positions available in Portland, Lake Oswego, Bend, and Eugene. Additionally, Northwestern Mutual Goodwin, Wright plans to recruit 30 new financial advisers, representatives, and interns in 2025. [ad_2] Source link