The Willis Research Network (WRN) has formed a new partnership with “Cloud to Street,” a global flood-mapping and monitoring platform that aims to help governments, humanitarian organizations and private sector actors increase resilience to catastrophic flooding. The partnership will leverage …
IMA Financial Group, a national insurance brokerage firm specializing in property and casualty insurance, employee benefits and surety bonds, has completed its acquisition of ESS NexTier Insurance Group, a similarly structured practice with four offices throughout Pennsylvania. The acquisition expands …
The New Jersey Department of Banking and Insurance (DOBI) has implemented a process for issuing temporary licenses to eligible individuals seeking to become insurance producers during the COVID-19 pandemic. The temporary process is being implemented in order to assure the …
One-way corridors, buffer zones around desks, and clear plastic screens to guard against colleagues’ coughs and sneezes may become office standards after coronavirus stay-at-home orders are lifted, say occupational experts. Government-mandated lockdown orders to contain the global pandemic have radically …
An explosion halted production on Wednesday at a coal mine run by Anglo American in Australia’s northeastern state of Queensland, injuring five people just months after a review of the industry called for better regulation. The incident is the company’s …
Business software group SAP disclosed on Tuesday that some of its cloud products did not meet contractual or statutory security standards and said it would take remedial action to fix the problem as soon as possible. The shortcomings were not …
OneAdvent, a London-based managing general agent (MGA) platform, announced the acquisition of Modus Underwriting Ltd., a digital-first MGA focused on providing niche property insurance products to brokers across the UK. Modus was purchased from CFC Underwriting for an undisclosed amount. …
Temperatures in April were on par with the previous warmest April on record four years ago, with extremely high temperatures in some parts of Europe, Greenland and Antarctica. Above-average global temperatures meant April was just 0.01 degrees Celsius cooler than …
Two law firms said on Tuesday they were gathering companies in Britain for a potential group lawsuit against German insurer Allianz for rejecting business interruption claims during the coronavirus pandemic. Edwin Coe and Harris Balcombe said they wanted to challenge …
Louisiana’s chief insurance regulator wants insurers to consider offering premium relief to their commercial auto insurance customers due to the impact of the Coronavirus pandemic. Insurance Commissioner Jim Donelon has called on insurers to consider returning a percentage of premium …
