Financial services groups responsible for more than $90 trillion in assets on Monday called for the leaders of the world’s largest economies to push through “clear, credible and ambitious” policies to battle climate change. The Glasgow Financial Alliance for Net …
It’s no secret that cyber insurance rates keep rising into the stratosphere. But the U.S. government can take specific actions to help reduce risk and stabilize the market, a former federal official and industry CEO argued separately at ITC Vegas …
Arthur J. Gallagher & Co.’s wholesale brokerage, binding authority and programs division known as Risk Placement Services has acquired Florida-based SeaCoast Underwriters. Gallagher, the global insurance brokerage and risk management firm, announced the acquisition on Monday, but terms were not …
IRVING, Texas, October 12, 2021 — Breckenridge Insurance expands its brokerage and binding team with the addition of two experienced underwriters Laura Phillips, CIC and Cindy Veselka. Both underwriters will focus on solving risk management problems for agents and help …
China has won the artificial intelligence battle with the United States and is heading towards global dominance because of its technological advances, the Pentagon’s former software chief told the Financial Times. China, the world’s second largest economy, is likely to …
Karen Baldridge rolled up her sleeve to get her covid-19 booster vaccine. “I’m trying to baby myself and (am) doing everything that I can to keep healthy,” she said this past week while at Excela Square at Norwin. “I feel …
This post is part of a series sponsored by AgentSync. The insurance industry’s “talent crisis” has received no lack of coverage in recent years. The mass retirement of a generation that makes up a significant portion of the industry continues …
Hub International Ltd. acquired the assets of Jerry Baird Insurance Agency and Baird Crop Insurance Agency. Terms of the deal were not disclosed. Fresno, Calif.-based Baird specializes in crop and commercial insurance, particularly in the agribusiness and farm industry. Jace …
A judge in Washington ruled in favor of the insurance industry’s argument against Washington Insurance Commissioner Mike Kreidler’s emergency rule temporarily banning use of credit scoring. Kreidler’s emergency order prohibited insurers from using a consumer’s credit score to price auto, …
Occam Underwriting, the London-based specialist lines focused managing general agency (MGA), announced it is acquiring Beech Underwriting Agencies Ltd., subject to UK regulatory approval. Beech Underwriting is an approved Lloyd’s coverholder, led by Geoff Stillwell. The company has been a …
