Colorado, New York, and Nevada have the most financial losses. As cybercrime evolves, businesses across the United States become increasingly vulnerable to costly cyberattacks. According […]
Category: Insurance
Hub International Announces New Carolinas Region President
He will manage 13 offices and almost 340 team members. Global brokerage Hub International Limited (HUB) has named Tim Smith president and CEO of HUB […]
Michigan DIFS Sets Guidelines for Responsible AI Implementation
Regulator outlines potential dangers associated with its opportunities. The Michigan Department of Insurance and Financial Services (DIFS) has released a bulletin defining regulatory expectations for […]
Key Factors Influencing Rebranding Decisions in the Insurance Sector
The main driving force may surprise you… In recent years, the US insurance business has seen a surge of rebranding initiatives from both established and […]
Mercury Insurance Appoints First Chief Data and Analytics Officer
He has more than 300 surgical procedures under his belt from his time as a neurosurgeon. Simon Zhang (in the photo) has been named chief […]
Gallagher Announces Strong Full Year 2023 Financial Results
Compared to the prior period, there was a discernible uptick in risk management. The financial figures for the quarter and full year ending December 31, […]
Travelers Surpasses Expectations with Strong Earnings Performance
Robust underwriting gains and decreased catastrophic losses contributed to strong profitability. According to TD Cowen’s analysis, Travellers Companies’ quarterly results were better than expected. Reasons […]
Allianz Trade Warns: Red Sea Attacks Fueling Inflationary Pressures
The insurer states that the crisis is not now a significant source of worry. According to Allianz Trade, the recent assaults by the Houthi group […]
Allstate Makes Decision to Stop Non-English Insurance Sales in Colorado
The insurer has issued a memorandum to agents in response to the newly implemented language translation criteria. Since lawmakers in Colorado approved a statute requiring […]
Gallagher Re Bolsters Team with Appointment of New COO
The North American COO assumes worldwide responsibilities. Gallagher Re, a global reinsurance broker, has promoted Mark Hansen to chief operating officer. Hansen, who will be […]