Clear Group Acquires UK MGA Accelerate Underwriting September 4, 2024 The Clear Group, the London-based independent insurance broker, announced the acquisition of the managing general agency, Accelerate Underwriting. Financial terms...
People Moves: Resilience Names Jones to Lead Engineering and Gittler Global Head of Claims; USG Hires McMahon, Buck and Gudenkauf September 4, 2024 Resilience, headquartered in New York, named Rebecca Jones as senior vice president of engineering and Jeremy Gittler as global head...
Risks Too Big for Insurers Just Fed a $200 Billion Market Boom in Captives September 4, 2024 By Natasha White As the market for in-house insurance surpasses a record $200 billion, the underlying reasons for that boom show how a...
Aviva Says India Unit ‘Engaging’ With Authorities Over Tax Investigation September 4, 2024 By Aditya Kalra British insurer Aviva said on Saturday its India unit is “actively engaging” with local authorities in connection with alleged tax...
Polish Insurer PZU Needs Strategy for Ownership of Stakes in 2 Banks, Minister Says September 4, 2024 Poland’s biggest insurer PZU needs a strategy to tackle its ownership of stakes in two banks, which is complicating its...
Viewpoint: It’s Election Season! Regulating Political Speech in the Workplace September 4, 2024 By Emily C. Ayvazian With less than three months to go until the general election, politics seem to be a hot topic for discussion...
SEC’s WhatsApp Probe Expands as Rating Agencies Hit With Fines September 4, 2024 By Lydia Beyoud Moody’s Corp., S&P Global Inc. and Fitch Ratings Inc. will pay a combined $48 million over allegations that the credit-rating...
NCCI Calls For Tiny Workers’ Comp Rate Decrease for Florida After New Doctor Fees September 4, 2024 By Insurance Journal Staff Reports Annual workers’ compensation rate cuts in the double digits have become routine in almost every U.S. state in recent years....
Natural Disasters to Cause $151 Billion in Annual Insurer Losses September 4, 2024 By Gautam Naik Urban expansion, property exposure and climate change could fuel a 40% increase in annual natural-catastrophe losses for the global insurance...
Insurers Say Honda and Local Dealer Should Pay for Damages Caused by Car Fire September 4, 2024 By Andrew G. Simpson Three insurers that paid more than $1 million in auto and property damage claims to a New York couple and...