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In January, Tokio Marine Highland marked the 30th anniversary of its Private Flood Division, originally established by Heinrich in 1995. The division, which began in Heinrich’s garage, has evolved into a market leader in private flood insurance, offering residential, commercial, and excess flood coverage.
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[ad_1] Property and auto damage span multiple states [ad_2] Source link
[ad_1] “The global aviation and space industry is navigating an increasingly complex world of risk, ranging from supply chain disruption and cyber threats, to burgeoning regulation and climate obligations,” George said. “With Marsh’s deep bench of expertise, we are well-placed to support our clients as they plan for the next chapter in aviation and space…
[ad_1] Talanx performance across divisions In the reinsurance division, insurance revenue increased 5% to €7.0 billion. However, the insurance service result declined to €515 million from €720 million, driven by the California wildfires. The investment result before currency effects in reinsurance saw a modest increase to €252 million. Operating profit for the division was €702…
[ad_1] Between 2018 and 2024, the average total payment obligation to the claimant (TPOC) increased by 52%, while the consumer price index rose only 25% over the same period. The data indicates that settlement values are outpacing general inflation, and Verisk’s analysis points to several influencing factors. [ad_2] Source link
[ad_1] As part of the deal, the acquired team will move across [ad_2] Source link
[ad_1] Lawyer created fake trucking company to file a lawsuit [ad_2] Source link
