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Hub International lands $1.6 billion investment
[ad_1] “Hub’s unparalleled middle market experience over the past 25+ years delivering industry and product specialization and risk management solutions brings a significant differentiation and level of expertise to our clients,” said Marc Cohen, chairman and CEO of Hub International. “Our ongoing investments in innovation, proprietary products, and strategic M&A, along with our commitment to…

Iowa passes auto glass repair law with new limits on insurance
[ad_1] Under the statute, policyholders are no longer permitted to reassign post-loss benefits, including any rights, duties, or benefits under their insurance policies. While insurers cannot require the use of a particular repair facility, they may still suggest preferred vendors and operate within existing repair networks. [ad_2] Source link

UniCredit backs CEO critic in Generali board vote – report
[ad_1] Shareholders met in Trieste on Thursday to elect a new board for a three-year term. The vote follows ongoing tensions between management and key investors. On one side is Mediobanca SpA, Generali’s largest shareholder, while on the other are the families of the late Leonardo Del Vecchio and Caltagirone, the second- and third-largest shareholders,…

Regulatory uncertainty clouds environmental liability insurance market
[ad_1] “A decade ago, 10-year policies were common. Five years ago, five-year terms were easy to secure,” she said. “Now, many carriers limit policies to three years, or even just one year in some cases. This shift stems from growing uncertainty – insurers want the flexibility to reassess risks annually, accounting for changes in regulations,…

Shock CEO resignation sees UnitedHealth’s share price slump
[ad_1] Chairman takes over as carrier withdraws financial guidance [ad_2] Source link

Ascot’s Lloyd’s Syndicate 1414 sees profit decline in 2024
[ad_1] Decline due to heavy catastrophe losses and the Baltimore bridge disaster [ad_2] Source link