Insurance Journal
JULY 16, 2024
Yield-hungry insurance firms are adopting an unconventional strategy: they’re skipping mortgage-backed bonds and buying the underlying whole loans outright. It’s a trend that’s picked up pace over the last few years.
Central Insurance
JULY 16, 2024
Plumbing claims can be costly and complicated. It's essential to choose an insurance partner who understands the industry. Explore the key types of plumbers insurance coverage Central offers to protect your business. The post What Does Plumbers Insurance Cover? appeared first on Central Insurance Blog.
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Insurance Journal
JULY 16, 2024
Progressive Corp. today reported second quarter 2024 results of about $1.5 billion and a combined ratio of 91.9. Results for the Mayfield Village, Ohio-based insurer are in comparison to second quarter 2023 net income of $345.
Agency Revolution
JULY 16, 2024
SAN DIEGO, CALIF., July 16, 2024 – Agency Revolution, the leading marketing and communication enablement and website provider for independent insurance agencies, is thrilled to announce it has received its Service Organization Controls (SOC) 2 Type 1 certification, taking a major step forward in its cybersecurity. SOC2 certification validates a company’s cybersecurity controls at a specific point in time, with the critical purpose of: Confirming the adequacy of policies, procedures, and contro
Insurance Journal
JULY 16, 2024
A once in 200-years storm dumped 11 inches of rain over four hours on the central Massachusetts town of Leominster in September, washing away culverts, creating a sinkhole that swallowed cars at a dealership and flooding the city council chambers …
Neilson Marketing Services
JULY 16, 2024
With market shifts, changing technologies, and increased consumer expectations, what does SEO for insurance companies look like today? To ensure your agency appears prominently in search results, you need a solid SEO strategy that lets you achieve visibility and click-throughs. To help you hone your SEO for insurance company success and get in front of your customer base, we’ve created this guide to the latest trends and best practices in SEO tailored for insurance companies.
Insurance Journal
JULY 16, 2024
Two recent reports reflect trends in Florida’s property insurance market, including the continued growth of surplus lines’ business and an uptick last year in litigation costs for carriers.
Insurance Industry Brief brings together the best content for insurance professionals from the widest variety of industry thought leaders.
Insurance Journal
JULY 16, 2024
Traffic is so bad in Canada’s financial capital that a majority of Toronto residents are prepared to endure around-the-clock construction to improve the situation sooner, according to new polling data.
Paragon Independent Insurance Agencies
JULY 16, 2024
If you are involved in a car accident, there are several steps you should take afterward. The correct response could save lives and prevent further issues. We’ve outlined a response process below. If you’re looking for auto insurance and an agency that provides services in Plano, TX, contact Paragon Independent Insurance Agency. What Comes After an Accident Firstly, if you have been in a car accident, thoroughly check yourself for any serious injuries.
Insurance Journal
JULY 16, 2024
Beaumont Health (now Corewell Health), a health care system in southeast Michigan, will pay $30,000 and furnish other relief to settle a race discrimination lawsuit filed by the U.S. Equal Employment Opportunity Commission (EEOC), the federal agency announced.
Cowbell
JULY 16, 2024
Cowbell, a leading provider of cyber insurance for small and medium-sized enterprises (SMEs), today announced the successful completion of its reinsurance renewal with Palomar Holdings, Inc. (NASDAQ: PLMR) effective July 1st. This is the fourth renewal agreement between the two companies. Writing on both PLMR insurance entities (Palomar Specialty Insurance Company and Palomar Excess and Surplus Insurance Company) the new treaty renewed July 1 st and covers a large portion of Cowbell’s US cyber p
Insurance Journal
JULY 16, 2024
Last month, amid reports that Hurricane Beryl would become the earliest Category 5 hurricane in history, a group of money managers were busy trying to figure out whether their highly calibrated bets centered on natural catastrophes were about to take …
Insurance Journal
JULY 16, 2024
Firefighters have contained a wind-swept wildfire that was threatening about 200 homes on the Hawaiian island of Kauai, authorities said late Monday night, and an evacuation notice for the area has been lifted. The fire burned 1.
Insurance Journal
JULY 16, 2024
PricewaterhouseCoopers (PwC) is considering slashing up to half its financial services auditing staff in China, two people with knowledge of the matter said, as a regulatory investigation and an exodus of clients darken business prospects.
Insurance Journal
JULY 16, 2024
The Texas Windstorm Insurance Association Actuarial & Underwriting Committee voted on Monday, July 15 to recommend that the TWIA Board of Directors approve a rate filing to increase rates by 10% for 2025 residential policies and by 10% for 2025 …
Insurance Journal
JULY 16, 2024
Berkshire Hathaway’s share price set a record high on Monday, reflecting investors’ confidence in Warren Buffett’s company, which is often regarded as a microcosm of the broader American economy. The price of Berkshire’s Class A shares closed up 2.
Insurance Journal
JULY 16, 2024
Florida Peninsula Holdings and Windward Holdings, which together own and manage Florida Peninsula Insurance Co., Edison Insurance and Ovation Home Insurance Exchange, has named is co-founder vice chairman of the board.
Insurance Journal
JULY 16, 2024
A New York federal judge has ordered Amazon.com to comply with a subpoena from a U.S. civil rights agency investigating claims that the online retailer discriminated against pregnant warehouse workers. U.S.
Insurance Journal
JULY 16, 2024
Concentra Group, a Select Medical unit, is eyeing a valuation of $3.30 billion in its U.S. initial public offering, joining a growing list of firms testing the market after a near two-year dry spell.
Insurance Journal
JULY 16, 2024
Insurance broker World Insurance Associates announced that it recently acquired the business of Affiliated Insurance Managers (AIM) of Warwick, Rhode Island. AIM was founded in 1937.
Insurance Journal
JULY 16, 2024
It is interesting—and telling—that one of the concerns around generative artificial intelligence has to this point largely revolved around copyright infringement.
Insurance Journal
JULY 16, 2024
This edition of International People Moves details appointments at the broker Aon and claims services provider McLarens. A summary of these new hires follows here.
Insurance Journal
JULY 16, 2024
An Amazon distribution center worker in Virginia whose job entailed repetitive lifting and stowing of items every day and who suffered rotator cuff tears has been denied workers’ compensation benefits because she failed to prove her injury resulted from an …
Insurance Journal
JULY 16, 2024
A group of Houston restaurants that lost power for days after Hurricane Beryl sued the city’s main utility, accusing CenterPoint Energy Inc. of failing to adequately invest in infrastructure and respond to widespread power outages.
Insurance Journal
JULY 16, 2024
The federal government announced a $241.5 million settlement with Marathon Oil last week for alleged air quality violations at the company’s oil and gas operations on the Fort Berthold Indian Reservation in North Dakota.
Insurance Journal
JULY 16, 2024
The families of two construction workers killed when an airport hangar in Idaho collapsed are suing several companies that were involved in the building process, alleging the businesses recklessly cut corners and used inappropriate materials for the build.
Insurance Journal
JULY 16, 2024
Lemonade, the New York-based insurtech, announced the launch of buildings and contents insurance in the United Kingdom in partnership with insurer Aviva.
Insurance Journal
JULY 16, 2024
A Spokane, Washington woman who ran an adult family home while claiming she was too injured to work faces a felony charge in a $60,000 workers’ compensation fraud case.
Insurance Journal
JULY 16, 2024
This post is part of a series sponsored by PCF Insurance Services. Frank Fasano, Director of Sales at ToughComp, a PCF business, shares insight from his years of experience working within industries that experience challenges finding affordable workers’ compensation policies.
Insurance Journal
JULY 16, 2024
U.S. insured losses from Hurricane Beryl will likely fall between $2.5 billion to $4.5 billion, according to estimates by Moody’s RMS Event Response. Insured losses associated with the storm include wind, storm surge, and precipitation-induced flooding. Moody’s estimates total non-U.S.
Insurance Journal
JULY 16, 2024
Colorado workers who contracted bird flu were working during extreme heat and under large fans, factors that made wearing protective equipment difficult and potentially contributed to their infections, the U.S. Centers for Disease Control and Prevention said on Tuesday.
Insurance Journal
JULY 16, 2024
AUSTIN, TX, July 10, 2024 — Each year, a group of exceptional insurance professionals are selected to represent their states and then can compete to become the National Outstanding CSR of the Year.
Insurance Journal
JULY 16, 2024
FEMA issued a new rule that will increase the nation’s resilience to future flood disasters.
Insurance Journal
JULY 16, 2024
The 16-strong crew of a Comoros-flagged oil tanker that capsized off Oman are still missing, the country’s maritime security center said on Tuesday, a day after the sinking was reported.
Insurance Journal
JULY 16, 2024
US Senator Bob Menendez, the once-powerful New Jersey Democrat, was found guilty of bribery, extortion and acting as a foreign agent of Egypt after a corruption trial focused on 13 gold bars, nearly $500,000 in cash and a Mercedes-Benz seized …
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