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Intact reports catastrophe losses from storms in Canada, UK, and US
Intact Financial Corp. reported an estimated C$244 million (US$173.2 million) in net, pretax catastrophe losses for the first quarter of the year, driven by a series of weather-related events across Canada, the United Kingdom, Ireland, and the United States. Source link
$6 million: The financial costs of overusing office jargon
Which words or phrases are most despised by office workers? Source link
SafeLease sues Storable over software access and wins temporary injunction in Texas Business Court
A new court, a new ruling Undeterred, SafeLease moved the case to the newly formed Texas Business Court, which was established to hear complex commercial cases. There, it found a more sympathetic forum. On January 21, 2025, the court issued a temporary injunction ordering Storable to restore SafeLease’s access – at least for clients active…
Ludovic Gros to lead Allianz Partners’ worldwide medical community
Cross-border collaboration to benefit from proven military coordination Source link
Burns & Wilcox to launch a new product offering with Atain Insurance
Bonnie Steen was promoted to regional vice president, overseeing operations in Louisiana, Arkansas, Mississippi, and Alabama. William Briscoe and Chris Siegel were elevated to vice presidents, with Briscoe managing offices in Oxford, Mississippi, and Birmingham, Alabama, and Siegel taking responsibility for all Florida offices. Berri Willis also became vice president, continuing to lead offices across…
Affiliate oversight ‘failures’ highlight need for structural reform in Florida
The problem, Merlin argued, isn’t the existence of affiliated service providers – it’s the lack of transparency and oversight. “Managing general agents, service companies, reinsurers all have a proper place, and they can be affiliated,” he said. “But that’s why the transactions have to be audited.” Source link