Insurance agent loses lawsuit against United States Liability Insurance Company (USLI)

FOR OVER A QUARTER OF A CENTURY: A LEGACY OF TRUST AND INNOVATION Celebrating 25 Years of serving Upstate New York, CH Insurance is poised to capitalize on what we see as an exciting year of opportunities in 2024. At CH Insurance, our journey is about more than just providing you insurance; it’s about forging…

The launch comes as Ardonagh reported strong financial results for 2024. The company reported adjusted EBITDA of $683.4 million, up 31.2% from a year ago, while reported income rose 24% to $1.98 billion. The company also increased its workforce by nearly 1,700 employees and launched its first graduate scheme. Source link

Executive change aligns with rising interest in parametric and captive products Source link

How much does foreseeability matter for a workman’s shoddy construction work to be covered? Source link

• Number of Claims Settled: 9,22,207 •Amount of Claims Settled: ₹19,327.63 crore •Claim Settlement Ratio: 98.52% •Repudiation Ratio: 0.87% •Pending Claims Ratio: 0.08% •Analysis: LIC continues to dominate the life insurance market with the highest number of claims settled and a substantial amount of payouts. Its high claim settlement ratio, coupled with a low repudiation…

Pine Walk, founded in 2017, now supports 12 MGAs and provides underwriting, operational and regulatory frameworks for specialist insurance businesses. In 2024, the platform’s gross written premium grew 11% to $900 million, with expectations to exceed $1 billion this year. Source link