The Hilb Group said it has acquired a book of commercial property/casualty insurance and surety bond business in its tri-state region of operations. The company said that the seller, Scott Kuzmic, a commercial property/casualty and surety producer, will join Hilb. …
After addressing Florida’s insurance crisis, lawmakers on Tuesday quickly approved another piece of legislation they did not get to during the regular session in March – a revamp of condominium laws that would require more frequent inspections, more reserved funding …
The largest wildfire in North America slowed to a near standstill in northern New Mexico Tuesday amid light rain and a bit of snow in the mountains as nearly 3,000 firefighters scrambled to get ahead of a worsening fire forecast …
California could soon hold social media companies responsible for harming children who have become addicted to their products, permitting parents to sue platforms like Instagram and TikTok for up to $25,000 per violation under a bill that passed the state …
A Florida House committee and the state Senate wasted little time Tuesday in approving sweeping property insurance bills, leaving only the full House of Representatives to cement the changes on Wednesday, which would likely ending the special session two days …
Glencore Plc said on Tuesday it anticipates paying up to $1.5 billion to settle accusations of bribery and market manipulation, as authorities in the United States, Britain and Brazil announced that three of the company’s subsidiaries were pleading guilty to …
To describe the past couple of years as tumultuous is something of an understatement. The global pandemic overlaid with hard market conditions in many insurance classes has kept many in our industry awake at night. The pandemic undoubtedly helped accelerate …
This edition of International People Moves details appointments at AXA XL, Howden and MS Amlin. A summary of these new hires follows here. AXA XL Names Benet Global Chief Underwriting Officer, Succeeding Bewlay AXA XL has named Libby Benet to …
A specific type of cyber threat has made its way to the front of the conversation in the wake of the Russia-Ukraine conflict, and experts say it could play an increasing role in global conflicts even beyond what’s happening in …
J.D. Power found in a recent survey that auto insurance customer satisfaction with price has plummeted, driving a surge in policy shopping activity while dragging on the purchase experience index. “A perfect storm of record-high replacement costs, increased frequency and …
