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 […]
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AM Best Reports Growing Competition in Life/Annuity Reinsurance Due to Enhanced Conditions
The industry continues to attract new investors. Higher interest rates and improving mortality trends have created more favourable conditions for life and annuity (L/A) reinsurance […]
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 […]
Research Highlights Increased Flood Risk Due to Climate Change
Claimed to be the most precise forecast to date The most precise flood risk projections to date under climate change, according to Fathom, a global […]
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 […]
Overcoming Hurdles in Transportation Insurance: A Fast-Track Approach
Transportation insurance is undergoing a revolutionary period, particularly in the trucking and commercial car industries. Drew Easton, executive vice president and branch leader at Amwins […]
How large would a nat cat event be to send property back into a hard market?
The head of property outlines the worst situation. Tropical Storm Debby, a Category 1 hurricane, caused heavy rains and flooding in the southeastern United States […]
James River Reports Solid Q2 Performance Amid Reinsurance Arm Divestiture
The former casualty reinsurance segment is now discontinued. James River Group Holdings has announced its financial results for the second quarter of 2024, which include […]
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 […]
Insights into the CrowdStrike Microsoft Outage and Its Impact on Reinsurance
Global disaster resulted in waves of losses, reinsurance specialists claim. Two prominent reinsurance brokers provide professional insights into the recent CrowdStrike global IT disruption, which […]