Florida Insurance Agents Will Soon Need to Be Appointed With 3 Carriers Before They Can Sell Citizens’ Policies June 17, 2024 Starting July 1, Florida insurance agents must have at least three appointments with authorized carriers before they can sell policies...
People Moves: Krause Group Names Westervelt Vice President of Sales June 14, 2024 Krause Group, headquartered in Des Moines, Iowa, named Holly Westervelt to the newly created role of vice president of sales,...
Broker Clear Group Buys UK Credit Insurance Specialist Rycroft Associates June 14, 2024 The Clear Group, the London-based independent broker, announced it has acquired the book and assets of credit insurance broker Rycroft...
Singapore’s Income Insurance, Allianz in Talks on Potential Transaction June 14, 2024 Singapore’s Income Insurance Ltd is in discussion with Allianz regarding a transaction relating to its shares in Income Insurance, it...
Insured Flood Losses in Germany Could Range From US$2.1B to US$3.2B: Moody’s RMS June 14, 2024 Insured losses from floods that hit Central Europe between Thursday, May 30 and Monday, June 3 will likely fall within...
Hurricane Season Ushered in With a Deluge in South Florida June 14, 2024 Dangerous flooding from a tropical disturbance inundated much of southern Florida on Wednesday, blocking roads, floating vehicles and delaying the...
Marsh: Cyber Extortion Reached Record High in US and Canada in 2023 June 14, 2024 Multiple companies in the U.S. and Canada experienced a record number of cyber extortion events in 2023 and unprecedented demands,...
Analysis: Underwriting Loss Estimates Highlight Ongoing Challenges for US P/C Industry June 14, 2024 The U.S. property/casualty market sustained an estimated $21.1 billion in underwriting losses in 2023, highlighting the challenges the industry faces...
California Labor Commissioner Reaches $658K Settlement with Residential Care Facility June 14, 2024 The California Labor Commissioner’s Office reached a $658,948 settlement with a Los Angeles residential care facility. The settlement was to...
Poor Maintenance, Pilot Error Cited in Fatal New Hampshire Plane Crash June 14, 2024 Improper maintenance and the pilot’s failure to abort takeoff likely caused a small plane to crash into a building in...