Bill Introduced to Keep CFPB Out of State Insurance Regulation January 17, 2024 By Chad Hemenway New bi-partisan legislation meant to keep the regulation of insurance companies with state regulators was introduced in the Senate on...
People Moves: Guy Carpenter Names Wolfe Chief Commercial Officer, N. A.; Verisk Forms Claims Advisory Board; Chamberlain to Lead DUAL Specialty Healthcare January 17, 2024 Guy Carpenter appointed Keith Wolfe to the newly created role of chief commercial officer, North America, effective immediately. Wolfe joins...
Cyber Threats Top Global Business Risk Concern for 2024: Allianz January 17, 2024 Cyber-related incidents such as ransomware attacks, data breaches and IT disruptions are the biggest worry for companies globally in 2024,...
Insurtech Foxquilt Announces Capacity Partnership With Markel January 17, 2024 Foxquilt, a digital managing general agent specializing in embedded small business insurance technology, announced a strategic and long-term capacity relationship...
As DEI Comes Under Legal Attack, Companies Alter Their Programs January 17, 2024 By Alexandra Olson, Haleluya Hadero and Anne D'Innocenzio Sophia Danner-Okotie’s has ambitious plans for her Nigerian-inspired clothing line but a sense of dread has punctured her optimism as...
Survey: Carrier Connectivity Top of Mind for Agents January 16, 2024 Agents continue to favor carriers and MGAs that offer automation, ranking ease of doing business and time savings at the...
OSHA Announces Penalty Increases for 2024 January 16, 2024 The Occupational Safety and Health Administration said it is slightly raising civil penalty amount for 2024, effective Jan. 16. The...
Commercial Property Rates Not Expected to Increase at Same Pace as 2023: USI January 16, 2024 A new USI Insurance Services report forecasts that in 2024, commercial property insurance rates “are expected to increase, but not...
Boeing Sued by Alaska Air Passengers Over 737 Max 9 Door Blowout January 16, 2024 By Madlin Mekelburg Boeing Co. was sued by passengers on an Alaska Airlines Inc. flight that was forced to make an emergency landing...
Federal Reinsurance Backstop for Catastrophes: APCIA Says No Thanks January 16, 2024 Federal lawmakers introduced a bill to create a federal natural catastrophe backstop recently, reacting to insurers’ issues with growing private...