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How to overcome challenges in the wholesale broking space
[ad_1] In the latest edition of Insurance Business TV, we catch up with one of this year’s 5-Star Wholesale Brokerage and MGAs winners, Johnson & Johnson. Chairman and CEO Francis G Johnson discusses the E&S market in 2025, emerging trends and how he expects the area to develop this year. [ad_2] Source link
Insurance hires, Starwood Capital, Unum Group
[ad_1] Allard joins Starwood Capital with more than 27 years of financial services experience. Most recently, he helped establish Rothesay Asset Management North America, where he held dual roles as chief investment officer and head of Rothesay North America for seven years. Rothesay, originally founded within Goldman Sachs, was later acquired by Blackstone, GIC, and…
Minnesota moves to regulate peer-to-peer car sharing, impacting insurance industry
[ad_1] The bill, H.F. No. 2752, defines key operational terms for P2P car-sharing services, clarifying the legal distinctions between car-sharing and traditional rental services. Unlike traditional car rentals, peer-to-peer car-sharing allows private vehicle owners to rent their cars to others via online platforms. By excluding P2P car-sharing agreements from the legal definition of vehicle rentals,…
New York court shuts down city’s $100k reimbursement bid in firefighter injury case
[ad_1] In this case, the City of Newburgh allowed several years to pass before requesting an award for the post-retirement period. As a result, Schulze received both § 207-a(2) payments and retroactive workers’ compensation for the same time, totaling about $106,000. But the court made clear that the city’s remedy was not through the workers’…
Eleventh Circuit revives bad faith lawsuit against Kinsale Insurance
[ad_1] An insurer’s delayed settlement offer could cost it millions after a deadly parking lot shooting. Find out why the Eleventh Circuit says a jury should decide the outcome [ad_2] Source link
Nature – a big factor in risk management, report says
[ad_1] More than 1,400 companies, representing $7 trillion in market value, have also signed on to Business for Nature’s Call to Action. Additionally, over 500 organizations are aligning with the Taskforce on Nature-related Financial Disclosures (TNFD), which provides a framework for assessing and reporting nature risks. [ad_2] Source link