Jamaica to Get 2nd Parametric Insurance Payout for Excess Rainfall From Storm Melissa November 7, 2025 The Caribbean parametric insurer, CCRIF SPC, announced it will make a second payout of US$21.1 million to the government of...
Bain Capital Private Credit Executive Brushes off Systemic Concerns, Eyes Asia Growth November 7, 2025 By Kane Wu The global private credit market currently has no systemic risks, while Asia offers the biggest growth opportunities, a senior Bain...
Irish Regulator Fines Coinbase Europe 21.5 Million Euros Over Monitoring Failures November 7, 2025 Ireland’s central bank fined an Irish subsidiary of cryptocurrency exchange Coinbase Global 21.5 million euros ($25 million) on Thursday for...
Consumers Are the Front Line in Fighting Insurance Fraud November 7, 2025 The U.S. loses approximately $308.6 billion in insurance fraud, leading to each policyholder paying $900 more through annual premium increases,...
Baldwin Group Posts $30M Q3 Loss But Expects More Embedded Builders Growth November 7, 2025 By William Rabb Fresh off its subsidiary’s purchase of a builder-linked homeowners’ insurance program, the Tampa-based Baldwin Group took another hit to its...
Washington Woman’s Fraud Conviction Saves System $1.3M in Lifetime Payments November 7, 2025 An Auburn, Washington woman was convicted for fraud after receiving a lifetime pension following her reported injury while working at...
Connecticut Collects $95M in Insurance Industry Fees, Fines and Taxes November 7, 2025 For the 2025 fiscal year, the Connecticut Insurance Department (CID) collected more than $95 million in revenue that has boosted...
People Moves: Mutual of Enumclaw Hires New Executives; King & Neel Appoints Itami and King to Leadership November 7, 2025 Mutual of Enumclaw Hires New Executives Mutual of Enumclaw named Daniel Guthrie as vice president of product operations and chief...
Landlord Gets Another Chance to Hold Broker Liable for Failed Lead Paint Disclosure November 7, 2025 By Andrew G. Simpson A federal court of appeals has revived a case over an alleged failure of insurance broker Willis of New Jersey...
AM Best Revises Outlook to Positive for Michigan Millers Mutual November 7, 2025 AM Besthas revised the outlook to positive from stable and affirmed the Financial Strength Rating (FSR) of A (Excellent) and...