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South Carolina overhauls insurer group oversight to meet NAIC accreditation standards
[ad_1] Confidentiality provisions have been significantly reinforced, covering everything from group capital ratios to Liquidity Stress Test results, which must remain confidential and may not be disclosed, subpoenaed, or used in any private civil action. The law explicitly prohibits marketing or public comparison of these results unless to correct materially false public statements. [ad_2] Source…

Liberty Mutual Insurance partners with New York Liberty
[ad_1] The partnership will also feature digital and in-arena entertainment. The Liberty’s mascot, Ellie the Elephant, will appear alongside Liberty Mutual’s advertising characters, LiMu Emu and Doug, in a joint content series. The campaign includes a promotional video featuring Liberty players and Doug, set to the brand’s signature jingle. [ad_2] Source link

One in three Europeans ready to quit over U.S.-style work trends
[ad_1] Poll reveals rising backlash against American workplace influence as Europeans call for stronger labour protections [ad_2] Source link

Alabama lawmakers push to extend coastal insurance study
[ad_1] The frequency and severity of these natural disasters have led to increased home insurance premiums in Alabama. Reports indicate that the average annual home insurance rate in Atlantic and Gulf Coast states, including Alabama, was $2,994 in 2024, which is 26% higher than the 2023 national average of $2,377. [ad_2] Source link

Insurance hires at Zurich US, Lockton and Global Aerospace
[ad_1] In his new role, Beresheim will focus on aligning leadership with evolving client needs, streamlining operations, and driving innovation across Lockton’s risk offerings. He has played a pivotal role in developing the firm’s specialty practices, with a focus on cyber & technology, transaction liability, and private equity. [ad_2] Source link

Tariffs expected to put pressure on claims management
[ad_1] The claims sector, in particular, is vulnerable to global supply chain disruptions and material inflation that could drive up costs and slow down the resolution process. Pat Van Bakel (pictured), president, North America loss adjusted, Crawford & Company, told Insurance Business that while the full impact of tariffs is still evolving and uncertain, the…