No Shortcuts: Why SiriusPoint demands discipline from MGA partners

No Shortcuts: Why SiriusPoint demands discipline from MGA partners

[ad_1] The payoff, if it’s done right, is faster innovation with fewer blind spots. But that outcome depends entirely on discipline. Charles doesn’t see the MGA model as inherently risky. What makes the difference is whether ideas get challenged early and often. “If we do it right, we get to really good answers, and we…

McGill and Partners, AXA XL launch digital partnership to streamline risk placement

McGill and Partners, AXA XL launch digital partnership to streamline risk placement

[ad_1] Meanwhile, AXA XL’s efforts align with broader initiatives by parent company AXA to develop a digital commercial platform. This platform aggregates services leveraging real-time data from satellites, drones, and sensors, combined with AXA’s risk prevention expertise and underwriting and claims management.  [ad_2] Source link

Markel finalizes acquisition of marine specialist MECO Group

Markel finalizes acquisition of marine specialist MECO Group

[ad_1] MECO’s underwriting services cover a range of marine risks, including charterers P&I, freight, defense and demurrage, trade disruption, loss of hire, strikes delay, small vessel owners’ P&I, and contractual extension liabilities. These offerings have allowed the company to support a broad client base involved in shipping and maritime operations globally.  [ad_2] Source link

Insurance moves: Harford Mutual Insurance and MIB Group

Insurance moves: Harford Mutual Insurance and MIB Group

[ad_1] Parker, who joined MIB’s board in May 2023, leads the Global Life business for Pan-American Life Insurance Group across Latin America, the Caribbean, and the US. He also oversees several of the company’s affiliated entities. Baude, a board member since 2019, has held senior operational and technology roles at CNO Financial Group, Univita Health,…

INTX Insurance Software launches in North America

INTX Insurance Software launches in North America

[ad_1] The company offers a policy administration platform for the property and casualty insurance sector. Designed to support carriers, reinsurers, and managing general agents, the system covers the entire insurance policy lifecycle. It incorporates features such as artificial intelligence tools, predictive modeling, and data analytics. The platform has been adopted by more than 50 clients…

Soccer giant acquired by insurance mogul-led consortium

Soccer giant acquired by insurance mogul-led consortium

[ad_1] Andrew Cavenagh – who is the new co-owner of the Rangers? Cavenagh, a co-founder of ParetoHealth, brings a background in health insurance and risk management to the new ownership structure. ParetoHealth, established to offer innovative employee benefits captives and self-insurance solutions, manages approximately £5.2 billion in assets and focuses on providing cost-containment strategies for…

Examining the challenges facing private equity firms with cyber

Examining the challenges facing private equity firms with cyber

[ad_1] QBE North America recently released a new whitepaper “Private Equity Firms Enhancing Cyber Resilience of Portfolio Companies,” which explores the cybersecurity risks facing private equity firms and their portfolio companies. The whitepaper provides insights into how private equity firms are assessing the cybersecurity capabilities of portfolio companies and the steps they are taking to…

Tips for Protecting Your Home and Office

Tips for Protecting Your Home and Office

[ad_1] When it comes to home safety, smoke alarms often steal the spotlight—but don’t overlook one of the most powerful tools for stopping a fire before it spreads: the fire extinguisher. While it might seem straightforward, fire extinguishers are more complex than many people realize. Selecting the right type, placing it correctly, and knowing how…

Asia-Pacific insurers rethink risk amid regulatory and cyber pressures

Asia-Pacific insurers rethink risk amid regulatory and cyber pressures

[ad_1] “The risk landscape for Australian insurers has never been more complex, with heightened cybersecurity threats, macroeconomic and geopolitical uncertainty, continued regulatory scrutiny from [the Australian Securities and Investments Commission (ASIC) and the Australian Prudential Regulation Authority (APRA)], and the need for greater operational resilience all adding to the challenges faced by insurance CROs and…

Lights, camera… catastrophe? How film productions are navigating climate risk

Lights, camera… catastrophe? How film productions are navigating climate risk

[ad_1] Location selection and risk mitigation for the film industry In the film industry, tax credits are financial incentives offered by governments, usually at the state, provincial, or national level, to attract film, television, and commercial productions to their jurisdictions. These incentives reduce the overall cost of production and can make a location significantly more…

Florida’s personal property insurance posts first underwriting profit since 2016 – AM Best

Florida’s personal property insurance posts first underwriting profit since 2016 – AM Best

[ad_1] Companies that exited the market included United Property & Casualty (2023), FedNat Insurance Company (2022), Southern Fidelity Insurance Company (2022), Weston Property & Casualty Insurance Company (2022), Lighthouse Property Insurance Company (2022), Avatar Property & Casualty Insurance Company (2022), St. Johns Insurance Company (2022), Maison Insurance Company by way of FedNat (2022), Gulfstream Property…

Third-party litigation funding fuels surge in legal advertisements – Triple-I

Third-party litigation funding fuels surge in legal advertisements – Triple-I

[ad_1] A previous ATRA report concerning the advertising landscape shows that spending is concentrated in key media markets. In 2024, major cities such as Los Angeles, New York, Atlanta, Orlando, Miami, Dallas, Tampa, Phoenix, Houston, and Las Vegas accounted for the highest volumes of legal service advertisements. [ad_2] Source link

Elutia v. Medtronic: Delaware court rules on indemnity and insurance obligations in FiberCel lawsuit

Elutia v. Medtronic: Delaware court rules on indemnity and insurance obligations in FiberCel lawsuit

[ad_1] The case, Elutia Inc. v. Medtronic Sofamor Danek USA, Inc., stems from a January 24, 2019, Tissue Product Supply Agreement. Under the contract, Elutia agreed to supply FiberCel, a bone matrix product, to Medtronic for distribution. In June 2021, a single lot of the product was recalled after allegations that it caused patients to…

New York court rules Utica First not liable in Nino & Nino wrongful death suit

New York court rules Utica First not liable in Nino & Nino wrongful death suit

[ad_1] The Supreme Court, Queens County, denied both motions. But the Appellate Division, Second Department, reversed the ruling in part, siding with Utica. The court held that a party must be named as an insured or additional insured on the face of the policy as of the date of the incident to be eligible for…

California court tosses Travelers’ arbitration order in Yankees workers’ comp case

California court tosses Travelers’ arbitration order in Yankees workers’ comp case

[ad_1] A California appellate court has put the brakes on Travelers Indemnity Company’s attempt to shift a workers’ compensation coverage dispute into arbitration, sending the matter back for further review. The May 28, 2025, decision comes from the Fourth Appellate District and centers on a cumulative injury claim filed by George Zeber, a former New…

New York Marine wins court order forcing Millennia Assurance to post $4.75M collateral

New York Marine wins court order forcing Millennia Assurance to post $4.75M collateral

[ad_1] New York Marine had asked the Supreme Court, New York County, to compel Millennia to deposit the collateral amount. The motion was initially denied without prejudice, but the Appellate Division, First Department, reversed that ruling. The appellate court found that New York Marine met the legal standard for a preliminary injunction, showing both a…

Progressive Express Insurance loses appeal over bad faith claims handling in multi-party crash case

Progressive Express Insurance loses appeal over bad faith claims handling in multi-party crash case

[ad_1] The Florida Third District Court of Appeal has sided with a lower court in a case scrutinizing how Progressive Express Insurance Company managed multiple claims stemming from a single accident. The decision, issued May 28, 2025, leaves in place a trial court ruling from Miami-Dade County without offering a detailed written opinion. [ad_2] Source…

Hudson Excess prevails in construction site coverage dispute over late notice

Hudson Excess prevails in construction site coverage dispute over late notice

[ad_1] The case stems from a September 20, 2017 workplace accident, where You Tien Chen, a worker employed by subcontractor 177 TS Group, Inc., fell from a ladder while working at a construction site. The site was owned by Mayer Malbin, which was insured by Hartford Fire Insurance Company. TS Group, the subcontractor, held a…