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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.
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[ad_1] Vermont continues to refine its captive insurance laws, with proposed legislation in 2025 focusing on technical corrections and clarifications related to controlled-unaffiliated risk, conversions of captive insurance companies into protected cells, parametric contracts, and confidentiality. [ad_2] Source link
[ad_1] When excluding variable investment income (VII), notable items, and results from international businesses, APTOI fell 10%, which the company said was due mainly to the impact of short-term interest rate changes and higher interest expenses related to pre-funding the company’s April 2025 debt maturity. [ad_2] Source link
[ad_1] Key hires include a new chairman and a new CEO for North America [ad_2] Source link
[ad_1] The dispute began after 18 former Scouts filed suit in 2012 against BSA and its Chicago-area council, alleging sexual abuse by Scout leader Thomas Hacker between 1980 and 1988. National Surety, which had issued excess liability insurance policies to BSA, filed a seven-count complaint in Illinois seeking a declaration that it had no obligation…
[ad_1] Regressive actions worsening the nat-cat protection gap While governments, companies, and individuals are taking action on the protection gap, risk management has been inconsistent, Mantero said. He cited high population growth rates in catastrophe-prone areas in the United States, such as Florida, where Hurricane Ian dealt significant inland flooding and damage to communities in…
[ad_1] Electrical manufacturers operate in a complex landscape, balancing high-value equipment, intricate supply chains, and strict safety regulations. The right insurance coverage is critical to safeguarding operations and financial stability, from equipment breakdowns to liability risks. To better understand the key risks electrical manufacturers face—and the coverages that help mitigate them—we sat down with Rachel…
