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Ferguson, who will remain president, takes over from Ty Petway, who is retiring after more than 30 years with the firm. The transition follows Ryan Specialty’s acquisition of US Assure in 2024, a move that expanded its program administration capabilities.
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[ad_1] Initially, participating brokers were asked to identify the features they considered most important in a cyber policy. These included the breadth and clarity of coverage, pricing structures, claims handling capabilities, policy flexibility, and the overall quality of cyber risk products. [ad_2] Source link
[ad_1] The broader agribusiness insurance market in the US has been affected by several ongoing challenges. More frequent and severe natural catastrophes, including wildfires, droughts, and hurricanes, have led to rising loss ratios and increased pressure on underwriting capacity. In response, many insurers have tightened terms, raised premiums, or withdrawn from high-risk regions. This has…
[ad_1] In 2014, Siino moved and attempted to update her address with Foresters, but the request was rejected because she failed to sign the change-of-address form. Her husband, however, successfully updated his address and continued to receive policy notices. As a result, Siino stopped receiving annual premium notices after her move. [ad_2] Source link
[ad_1] The dispute arose from a lease agreement executed in February 2019, under which Hembree Insurance Trust leased a 135,847-square-foot industrial building in Scottsboro, Alabama, to Maples Industries for a five-year term running from January 1, 2020, through December 31, 2024. The lease obligated Maples to maintain the property, including a clause specifying that Maples…
[ad_1] “In times of economic uncertainty, having trusted insurance partners that are there to be with you through the good times and step in during the bad times is more important than ever,” said Graham Topol, co-founder and co-CEO of MGT Insurance. “We take our role very seriously — it’s more important for us to…
[ad_1] “Insurers must prioritise transparency in AI-driven decisions, particularly among those who perceive bias in the tools, such as providing negative claim outcomes. Some consumers will have data privacy concerns, while others will simply just prefer interacting with a human,” she said. [ad_2] Source link
