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King Risk Partners and Alera Group make acquisitions
“We are proud to join forces with King Risk Partners,” he said. “Our shared values—excellence, integrity, and accountability—make this a natural fit. With access to King Risk’s expansive resources and forward-thinking strategies, we are confident our clients will enjoy an even greater range of services and innovative insurance solutions. Together, we are committed to maintaining…
Are Dogs Covered by Homeowners Insurance?
At Central, we know our homes wouldn’t be complete without our furry companions. Whether you’re bringing home a new puppy or you’ve had the same loyal companion for years, it’s important to understand how dogs and homeowners insurance work together—and where they don’t. Property Coverage: What’s Not Covered Let’s start with a common misconception: that…
Alabama Supreme Court sides with insurance trust in commercial lease dispute
The dispute arose from a lease agreement executed in February 2019, under which Hembree Insurance Trust leased a 135,847-square-foot industrial building in Scottsboro, Alabama, to Maples Industries for a five-year term running from January 1, 2020, through December 31, 2024. The lease obligated Maples to maintain the property, including a clause specifying that Maples would…
Wave goodbye to tedious book roll: Ask Kodiak, Ivans Bookroll integration hits the market
“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 one…
China’s “national team” rallies insurers as Trump’s tariff war escalates
In response, Central Huijin Investment Ltd., a unit of China’s sovereign wealth fund, said it has sufficient liquidity and smooth funding channels to serve as a market stabiliser. The People’s Bank of China followed with an announcement that it would make refinancing tools available to Central Huijin to support its liquidity needs. Source link
From AI deepfakes to wire transfer fraud, cyber risks are growing for high-net-worth individuals
Gia Snape of Insurance Business sat down with Kareen Boyadjian (pictured), vice president of personal and healthcare cyber underwriting, to discuss emerging cyber risks for high-net-worth individuals and families, including social engineering, wire transfer, and artificial intelligence-driven threats, and how the cyber insurance market can evolve to address gaps in coverage. Source link