[ad_1] Trade errors, Sullivan said, can take many forms. “Common categories include, but are not limited to, data entry errors, missed deadlines, failure to execute, miscommunicated trade instructions, collateral management failures and breaches of mandate.”  [ad_2] Source link

[ad_1] Strategy aims to fill gaps left by retiring professionals [ad_2] Source link

[ad_1] Whether you’re wiring a new commercial building or updating outdated residential panels, the job of an electrician comes with risk. From working with high-voltage systems to climbing ladders and navigating unfinished jobsites, electricians face hazards that can quickly become costly claims. That’s why electrician insurance isn’t just a smart business decision—it’s essential to protect…

[ad_1] Fast response stressed as cyber risks escalate rapidly [ad_2] Source link

[ad_1] They include a new EVP and a new associate director [ad_2] Source link

[ad_1] Kuderer also raised concerns about proposed federal cuts to FEMA, NOAA, and the National Flood Insurance Program, which she said could increase risk for consumers. Additionally, she warned that letting health insurance premium tax credits expire could result in 80,000 Washingtonians losing coverage and destabilize the individual market. [ad_2] Source link

[ad_1] Lassen, founder of The Lassen Law Firm and a specialist in life insurance litigation, told The Wall Street Journal on May 17, that insurers often cite policy ambiguities, outdated paperwork, or administrative procedures to justify delays. He said that beneficiaries are sometimes left waiting for months under the impression that their claims are being…

[ad_1] Coverage costs and employer impact Group health coverage also remains a significant expense for employers. Data from the Kaiser Family Foundation puts the average annual cost for individual coverage at $8,435, and family coverage at $23,968. Spending growth by private insurers per enrollee is outpacing that of Medicare and Medicaid, with employers bearing a…

[ad_1] Meanwhile, investment income grew by 33% to €161.5 million, supported by market conditions and gains from restructuring. The legal insurance segment, the group’s largest, increased premiums by 17% to €1.65 billion, partly due to the UK acquisition. The health insurance segment also grew by 17%, generating €749 million in premiums. The UK reorganization contributed…

[ad_1] Fast response stressed as cyber risks escalate rapidly [ad_2] Source link

[ad_1] New CFOs and team leads tapped to strengthen legal, financial, and underwriting direction [ad_2] Source link

[ad_1] US businesses face costlier workplace injuries on top of labor shortages [ad_2] Source link

[ad_1] The insurance offering is part of Distinguished’s Fine Art & Collectibles program, which includes coverage options for items integral to creative work. The program, developed in collaboration with Johnsonese, is structured to address the specific risk profiles of artists, performers, and the professionals who support them.  [ad_2] Source link

[ad_1] Nathan Kerr has spent his entire 25-year career at Scott Insurance, where he launched the affordable housing practice group a decade ago. He’s worked closely with owners, developers, property managers, equity syndicators, and CDFIs – watching insurance move from a budgeting issue to a critical obstacle. For him, the work is personal.  [ad_2] Source…

[ad_1] Protection spans threats from abduction to violence response [ad_2] Source link

[ad_1] Employers gain support on benefits, EPLI, and workers’ comp [ad_2] Source link

[ad_1] The lawsuit brought to light a series of embarrassing exchanges between executives at Marsh where they discussed the escalating financial crisis engulfing Greensill and its main insurer, Australia’s Bond & Credit Co, in the run-up to Greensill’s collapse.    In an email exchange from 2020 that was shared with the court, a Marsh executive described the…

[ad_1] Graham Jenks (pictured above) has taken over leadership of JH Blades, effective March 1, 2025. His new role includes oversight of JH Blades Energy, JH Blades Marine, Southern Marine and Energy Technical Underwriters. Jenks had served as president of Southern Marine for the past eight years and brings operational and industry experience to the…

[ad_1] The bill was referred to the Assembly Insurance Committee [ad_2] Source link

[ad_1] If enacted, the legislation would require the governor to appoint the insurance commissioner from a shortlist of candidates selected by a committee made up of lawmakers, insurance regulators, consumer advocates, and industry representatives. An amendment added to the bill would grant the Senate authority to confirm the appointment, introducing an additional layer of oversight….

[ad_1] Marsh’s new service includes a portfolio of insurance products tailored to data center needs. These cover standard property damage, business interruption, construction risks, and physical cyber events. In addition to insurance coverage, Marsh offers risk assessment services to help clients evaluate vulnerabilities and implement measures aimed at reducing potential losses. [ad_2] Source link

[ad_1] Insurance revenue reached €2.6 billion, up from €2.3 billion in the same period last year. Operating profit (EBIT) rose to €195 million, compared to €140 million in the first quarter of 2024. Net income grew to €141 million, from €104 million a year earlier. [ad_2] Source link

[ad_1] P&C delivered an 18.7% rise in its operating result to €1.03 billion. This was attributed to robust premium growth and improved margins. The combined ratio improved to 89.7%, down from 91.0% in Q1 2024, with both loss and expense ratios contributing to the result. The undiscounted combined ratio also improved, decreasing to 92.0% from…

[ad_1] P&C delivered an 18.7% rise in its operating result to €1.03 billion. This was attributed to robust premium growth and improved margins. The combined ratio improved to 89.7%, down from 91.0% in Q1 2024, with both loss and expense ratios contributing to the result. The undiscounted combined ratio also improved, decreasing to 92.0% from…

[ad_1] What DEI policies, practices at Verizon will end? [ad_2] Source link

[ad_1] Jury awards are ballooning, and traditional insurers are backing out [ad_2] Source link

[ad_1] If you’re a parent of a new driver, you’re probably feeling a mix of emotions: pride, excitement, and—if we’re being honest—a whole lot of worry. Will they drive safely? What if they get distracted? And how much is this going to raise our insurance premiums? These are completely valid concerns, especially during the first…

[ad_1] Rate relief and added capacity are giving insureds a break… but for how long? [ad_2] Source link

[ad_1] Martinez, who owns property in California and sits on a HOA board, noted a tangible shift in consumer awareness. “There’s way more engagement and attendance of landlords now as a byproduct of the surging insurance cost,” he said. “Whereas before, people didn’t even pay much attention to their insurance, now you have to, or…

[ad_1] State aims to enhance industry appeal through regulatory modernization [ad_2] Source link