Similar Posts
Profitability and pricing Implications | Insurance Business America
Profitability and pricing Implications | Insurance Business America Featured Content Profitability and pricing Implications The California Surplus Lines Market Index highlights the sector’s resilience and adaptability, even amid economic and environmental challenges. These trends serve as both a gauge of market health and a strategic tool for shaping policy offerings, pricing and risk management. Please…
CH Insurance, Your LOCAL Partner for Insurance, Risk Management & Group Benefits
Massive shifts have transformed workplaces and the world, including the insurance industry. From the advent of AI and digital innovations to evolving customer expectations, each era has brought challenges and opportunities within the insurance industry. Spanning multiple generations, the CH Team has talented people with unique perspectives and skills. While our beliefs may differ, the…
Florida house advances bill to end no-fault auto insurance
House Bill 1181 and its Senate counterpart propose to eliminate the state’s no-fault insurance law effective July 1, 2026. Under the proposed changes, drivers would be required to carry bodily injury liability coverage with minimum limits of $25,000 per person, $50,000 per incident, and $10,000 for property damage. Source link
Chubb consolidates two divisions in North America
Meanwhile, Ranucci has 17 years of experience in insurance and previously served as head of North America lower middle market and as global chief underwriting officer for small business. He will oversee operations, including profit and loss management, field and home office underwriting, product development, pricing, portfolio management and analytics. Source link
Federal prosecutors to seek death penalty against Mangione
Mangione, who was arrested in Altoona, Pennsylvania, after a nationwide manhunt, reportedly expressed hostility toward the health insurance sector in a “manifesto” found during his arrest. Among the manifesto’s entries, Mangione stated that “the target is insurance” because it “checks every box,” indicating a clear focus on the industry. Source link
Gag ordered over AIG, Munich Re, Swiss Re, Zurich, Starr and multiple Lloyd’s underwriters
The case, pending in the Southern District of New York, pits Newmont Corporation and its subsidiary, Newmont Ghana Gold Limited, against several major insurance carriers, including American International Group UK Limited (AIG UK), Munich Re, Swiss Re, Zurich American, Starr International, and several Lloyd’s underwriters. Newmont is seeking coverage under a suite of insurance policies…