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insurancebusinessmag.com — 22+ hour, 45+ min ago
Higginbotham swoops for top Florida agency
insurancebusinessmag.com > us > news > breaking-news...“We’re thrilled to be working with Bob and with the whole Stahl & Associates team,” said Rusty Reid, chairman and CEO of Higginbotham.... ...Texas-based independent insurance firm Higginbotham has announced its second foray into Florida with the acquisition of Stahl & Associates Insurance... ...Stahl & Associates marks Higginbotham’s second partnership in Florida following its 2020 acquisition of Pensacola-based McMahon & Hadder Insurance... ...Higginbotham recently entered Ohio with the acquisition of Community Insurance Group....
insurancebusinessmag.com — 18+ hour, 3+ min ago
Significant flood insurance consequences in event of government shutdown
insurancebusinessmag.com > us > news...The NFIP, which is administered by the Federal Emergency Management Agency (FEMA), is authorized through to September 30.... ...insurance and the National Flood Insurance Program (NFIP) if no deal is brokered.... ...sales and purchases of property insurance and title insurance,” said Christopher Graham, senior industry analyst, Industry Research and Analytics... ...On Wednesday, Trevor Burgess, Neptune Flood CEO, urged Congress to work together to prevent a “shutdown of critical FEMA activities like the NFIP...
insurancebusinessmag.com — 20+ hour, 26+ min ago
US auto insurers faced with soaring liability claim payouts – report
insurancebusinessmag.com > us > news...Information Institute (Triple-I).... ...insurers have been seeing a dramatic surge in liability claim payouts as a result of social and economic inflation, according to a new study from the Insurance... ...Authored by industry experts Jim Lynch, Dave Moore, and Dale Porfilio, the Triple-I study classified economic inflation using the Consumer Price... ...It also made use of the concept of social inflation to describe how insurer claim payouts exceeded the CPI....
insurancebusinessmag.com — 20+ hour, 31+ min ago
At-Bay unveils new insurance head, MPL expansion
insurancebusinessmag.com > us > news...Before her shift to At-Bay, Felton also worked at Hiscox, Liberty International, Kemper Insurance, and Carpenter Moore.... ...At-Bay has announced the appointment of Kristie Felton as the head of insurance and the expansion of its miscellaneous professional liability (MPL... ...Company from XL Insurance America.... ...The company underwrites MPL policies through United Specialty, a subsidiary of Markel....
insurancebusinessmag.com — 20+ hour, 21+ min ago
How one broker is making lemonade out of property insurance disruption
insurancebusinessmag.com > us > news > property...chief executive officer of London Underwriters, a wholesale insurance brokerage that specializes in writing admitted and non-admitted business for... ...“Over the past 12 to 18 months, and specifically now, we are trying to grow as much as we can in California,” said Daniel Feigenbaum (pictured),... ...The Florida-based firm has been around since 2010 but has mainly focused on its presence on the East Coast.... ...Feigenbaum said London Underwriters is working closely with Berkshire Hathaway’s team to develop a strategy that can help retail agents access the...
insurancebusinessmag.com — 20+ hour, 32+ min ago
RT Specialty marks digital expansion with Connector division
insurancebusinessmag.com > us > news > breaking-news...RT Specialty marks digital expansion with Connector division It currently has five lines of business on offer RT Specialty has announced the further... ...RT Connector facilitates retail insurance agents in accessing multiple lines of coverage from various carriers for their E&S small commercial business... ...Connector platform,” RT Specialty CEO and chairman Tim Turner said.... ...The premium finance option is facilitated through Ryan Specialty’s premium finance company, Stetson Insurance Funding....
insurancebusinessmag.com — 22+ hour, 49+ min ago
Top European firms underwriting 30% of US coal despite net zero commitments
insurancebusinessmag.com > us > news > environmental...The report highlights insurers like Lloyd’s of London, Zurich, and Swiss Re among the top ten underwriters for 25 major US mines, contributing to... ...The insurers covering the most coal production are as follows: Underwriters at Lloyd’s of London Coal is a significant contributor to CO2 emissions... ...AIG emerges as the largest underwriter of US coal, insuring seven mines accounting for 28.1% of the national output.... ...Lloyd’s of London follows, underwriting 10 mines, constituting 22.8% of the output....
insurancebusinessmag.com — 22+ hour, 54+ min ago
Northwestern Mutual to pay record-setting dividend to policyholders
insurancebusinessmag.com > us > news > breaking-news...Northwestern Mutual has paid its policyholders a dividend every year since 1872.... ...Northwestern Mutual has announced that it will once again award its policyholders an annual dividend – expected to reach a record-setting total of... ...and deepening trust with all those we proudly serve,” said John Schlifske, chairman, president and CEO of Northwestern Mutual.... ...In July, Northwestern Mutual was recognized as one of the nation’s best companies for diversity by Black Enterprise magazine....
insurancebusinessmag.com — 1+ day, 20+ min ago
Top Euro firms underwriting one-third of US coal despite net zero pledge
insurancebusinessmag.com > us > news > breaking-news...The report highlights insurers like Lloyd’s of London, Zurich, and Swiss Re among the top ten underwriters for 25 major US mines, contributing to... ...The insurers covering the most coal production are as follows: Underwriters at Lloyd’s of London Coal is a significant contributor to CO2 emissions... ...AIG emerges as the largest underwriter of US coal, insuring seven mines accounting for 28.1% of the national output.... ...Lloyd’s of London follows, underwriting 10 mines, constituting 22.8% of the output....
insurancebusinessmag.com — 1+ day ago
Cyberattacks in financial services – how vulnerable are we?
insurancebusinessmag.com > us > news...Akamai Technologies’ report, titled “The High Stakes of Innovation: Attack Trends in Financial Services,” is another entry in its ongoing series,... ...attacks against the finance sector in APJ were pinpointed at banks, underlining the gravity of the issue, and emphasizing the need for heightened security... ...Card Industry Data Security Standard (PCI DSS) v4.0 requirements, especially those related to client-side script visibility and management.... ...Koh, Akamai security technology and strategy director....