Hong Kong Extends Record Rain Warnings as Podul Skirts City August 14, 2025 By Mary Hui Hong Kong’s central business district and outer airport were hit by violent gusts and a deluge of heavy rain on...
Nigeria Gives Insurers a Year to Boost Capital Fivefold August 14, 2025 By Emele Onu Nigeria increased capital requirements for insurance businesses fivefold and gave operators a year to comply or risk losing their licenses....
Mission, Purpose Not High on Wish Lists of Industry Newbies: Informal Talent Poll August 14, 2025 A poll of workers recently hired into the property/casualty insurance industry conducted during a Travelers Institute webinar last month produced...
Senator Schiff Brings Back Idea of Federal Reinsurance Program August 14, 2025 Sen. Adam Schiff recently reintroduced his Incorporating National Support for Unprecedented Risks and Emergencies (INSURE) Act to create a federal...
People Moves: Sterling Seacrest Pritchard Adds QB Jake Fromm to the Backfield August 14, 2025 Former University of Georgia and NFL quarterback Jake Fromm has been hired as client advisor for Georgia-based insurance broker Sterling...
A Year Later, Mixed Reactions Over Florida’s $36M Citizens Clearinghouse System August 14, 2025 By William Rabb It was supposed to simplify and speed the process for insurance agents trying to find private coverage for Citizens policyholders,...
People Moves: The Hanover Appoints Mitchell; MEMIC Promotes Kelley August 14, 2025 The Hanover Appoints Mitchell President of Technology and Life Sciences Business The Hanover Insurance Group, Inc., headquartered in Worcester, Massachusetts,...
Brown & Brown Acquires Assets of Tire Shield in Nevada August 14, 2025 Brown & Brown Dealer Services has acquired the assets of Tire Shield. The Tire Shield team will join Brown &...
New York AG Sues Zelle, Claims Lax Security Led to $1 Billion Consumer Fraud Losses August 14, 2025 By Jonathan Stempel Zelle was sued on Wednesday by New York Attorney General Letitia James, who said the electronic payment platform’s refusal to...
Owner Sentenced, Fined $1.2M for Workers’ Comp Scheme Uncovered After Tragedy August 14, 2025 A large-scale workers’ compensation fraud and tax evasion scheme that came to light when an employee was killed while removing...