Allianz Global Corporate & Specialty (AGCS) is acquiring the renewal portfolio of Liberty Mutual Insurance’s U.S. product recall and special contingency business. The effective date is Jan.30, 2018. The business being acquired was written through Liberty International Underwriters (LIU) U.S., …
What were you planning to give the New York Department of Financial Services for Valentine’s Day? Hopefully, a certificate of compliance. It is hard to believe that almost a year has passed since the NYDFS cybersecurity regulations (Cyber Rules) became …
Chubb had a solid last quarter of 2017 and year even though challenged by wildfire and other catastrophe costs. Fourth quarter results were enhanced by a one-time gain from the Trump tax cuts. The insurer booked $1.5 billion in net …
Inzura, the London-headquartered insurtech startup, announced the completion of its first major funding round, raising US$1 million to pursue its “ambitious growth plans.” The funds will be used to accelerate new technology developments, which include: Machine learning and artificial intelligence …
Praedicat said it has completed a $6 million, early-stage financing. The Los Angeles-based casualty catastrophe modeling company plans to use the money to accelerate development of products that prepare insurers and other companies for emerging or latent commercial risks. Frank …
This week marks the beginning of the third annual Insurance Careers Month. You didn’t know that February is Insurance Careers Month? Really? Now you do. Don’t thank me, I’m just a messenger. We are in support of this movement, not …
Atlanta, GA, January 31, 2018 – National Claims Connection (NCC) is hosting the 2018 Adjusters Conference on February 25-27, 2018 at the historic Menger Hotel in San Antonio, Texas. NCC has partnered with sister company Insurance Claims Adjusters (ICA) to …
Esurance has launched a new insurance option for Californians who drive for rideshare companies, such as Uber and Lyft, that offers protection whether the driver is waiting for a ride request, on the way to pick up a passenger, or …
Federal court data show that a Wisconsin district had the highest number of farm bankruptcies in the country last year. The Western District of Wisconsin had 28 farm bankruptcy cases in 2017, Wisconsin Public Radio reported. The district is made …
As we approach Super Bowl LII in US Bank Stadium in Minneapolis in which all-time great quarterback Tom Brady leads the Patriots against the underdog Eagles, what risk management issues are affecting the game and fans? Here are five that …
