Florida OIR seeks split from DFS in push for unified insurance oversight

“Originally, workers’ compensation was fundamentally about traumatic injuries in the workplace,” says Mark Walls, Chief Marketing Officer at Safety National, and Founder at Work Comp Analysis Group. Walls, who has over two decades of experience in the workers’ compensation field, adding that “over time, you saw that start to change as occupational diseases came into…

Mediobanca, based in Milan, holds a 13% stake in Generali, making it the insurer’s largest shareholder. The holding has been a point of contention between Mediobanca and other major investors in Generali, including the family of the late Leonardo Del Vecchio and businessman Francesco Gaetano Caltagirone. Both investors also hold stakes in Mediobanca and have…

Results showed decline in net income due to increase in catastrophe losses Source link

Alongside HB 1302, lawmakers are also reviewing a separate proposal—House Bill 1182—which would impose new disclosure and notification requirements on insurers using wildfire risk models in underwriting. If passed, HB 1182 would mandate greater transparency from insurers about their use of catastrophe models, risk scores, and other tools used to assess wildfire exposure when determining…

Bessire, former CTO and chief data officer at Coterie Insurance, will enhance MGT’s AI-driven risk assessment and pricing capabilities. Johnson, with a track record in scaling agency networks, will lead business development efforts to expand MGT’s presence nationwide. Source link

EPIC launches construction and infrastructure group EPIC Insurance Brokers & Consultants introduced its Construction & Infrastructure Group (C&I Group) to serve general contractors, specialty contractors, architects, engineers, developers and other industry stakeholders. Source link