Marsh McLennan’s shareholders voted to elect all 11 nominated directors

Turmoil, shadow fleets, and mis-declared cargo affect marine risk priorities Source link

Move builds on efforts to meet rising digital risk needs Source link

The bill, sponsored by Assemblymember Lisa Calderon (D-District 56), would authorize the California FAIR Plan to access additional financial capacity through the issuance of bonds or the establishment of a line of credit. The legislation follows a recent $1 billion assessment issued by the FAIR Plan. Source link

Manulife segments in Q1 2025 Asia core earnings rose 7%, supported by higher business volumes, improved new business impact, and favorable claims experience, though partially offset by strengthened ECL provisions. Global WAM posted a 24% increase in core earnings, driven by higher net fee income, favorable market conditions, performance fees, and expense discipline. Source link

Jump to winners | Jump to methodology Generational superstars Insurance Business has compiled the 2025 Global 100, featuring outstanding professionals from across six different markets: the US, Canada, Australia, New Zealand, Asia-Pacific and the UK. All of those featured have had a definitive impact on the industry and taken their respective firms to new heights. 2024…

States such as Hawaii, Iowa, and Minnesota will see a 15% rise in premiums, while Florida, which already holds the title of the most expensive state for home insurance, will see an additional 9% increase, pushing the average premium to $15,460 by the end of 2025, according to the report. Source link