Kuderer also raised concerns about proposed federal cuts to FEMA, NOAA, and the National Flood Insurance Program, which she said could increase risk for consumers. Additionally, she warned that letting health insurance premium tax credits expire could result in 80,000 Washingtonians losing coverage and destabilize the individual market.
The dispute began with a subcontract between Continental and US Framing to provide framing services for two student housing projects—one in Knoxville, Tennessee, and the other in Ann Arbor, Michigan. Work began in 2017, but disagreements quickly emerged over delays on the Knoxville project. In December 2017, the parties amended the subcontract, agreeing to abandon…
The move supports the company’s ongoing development of its next-generation Aon Client Leadership strategy, which aims to deliver integrated solutions to help clients manage their risks. The company also named Magnus Roe as global chief data and analytics officer. He is responsible for advancing the company’s capabilities in analytics and helping clients make data-informed decisions. …
In this roundtable special of Insurance Business TV, join Tokio Marine HCC Cyber and Professional Lines Group’s Dan Crane and Eugene Eychis as they examine the impact of AI on cyber insurance. They look at the ways in which AI is currently enhancing risk assessment, strategies to mitigate its risks and the emerging technologies they…
The big brokerages, including Aon, Marsh, Lockton and WTW, have these offerings. They can help deal with a very broad range of challenges, all relevant to a firm’s risk management and insurance costs. The objective, say these global brokers, is a healthier and more engaged and productive workforce. Source link
The state’s unique bifurcated regulatory structure involves two primary entities: the DFS, traditionally led by the chief financial officer and responsible for managing consumer services, including the intake and initial processing of insurance complaints; and the OIR, headed by the insurance commissioner, overseeing insurer licensing, rate approvals, and market conduct examinations. Source link
David Lewis, managing director at Kroll, said that financial institutions must keep pace with evolving threats, as illicit actors continuously adapt. Brent Tomlinson, co-president of risk advisory at Kroll, adds that professionals in the sector face increasing uncertainty, requiring strategic decision-making. Source link
