Former Florida lawmaker Jeff Brandes now runs the Florida Policy Project. Former state Sen. Jeff Brandes says a lack of legislative leadership makes it impossible to solve Florida’s current property insurance crisis. Brandes, speaking on WMNF WaveMakers with Janet and Tom, said term limits mean legislative leaders like Senate presidents and House speakers are only … Read more
Natural disasters like hurricanes are becoming more destructive due to climate change. Homeowners everywhere are feeling the impact of skyrocketing home insurance premiums. Here are the top 13 states where homeowners insurance premiums are expected to rise the most in 2024. Thank you for registering! Access your favorite topics in a personalized feed on the … Read more
Cyber time in the reinsurance spotlight in Baden-Baden | Insurance Company America Reinsurance The cyber moment in the spotlight of reinsurance in Baden-Baden “Large losses can occur and feline events in one form or another can occur” Reinsurance By Mia Wallace It’s when there is relative stability in the property and casualty reinsurance landscape that … Read more
HDI Global Insurance Company (HGIC), the U.S. subsidiary of HDI Global SE (HDI), has appointed 35-year industry veteran Thomas Long as U.S. Claims Manager. In his new role, Long will be based at the company’s U.S. headquarters in Chicago, Illinois. He will report to Marco Hensel, Director of Underwriting, HGIC. He joins HDI Global Insurance … Read more
BOSTON, Oct. 22, 2024 (GLOBE NEWSWIRE) — Risk Strategies, a leading national specialty insurance brokerage and risk management firm, today announced the acquisition of George W. Blaisdell Insurance, an agency well-established employee benefits focused company based in Hampton. Falls, New Hampshire. The acquisition further strengthens the Risk Strategies Employee Benefits Practice group’s presence and capabilities … Read more
Before the opening bell Tuesday, shares of Norfolk Southern Corp. increased by 3%. New CEO Mark George, who took office last month, is not expected to implement any strategic changes because he helped develop the plan a few years ago that calls for keeping more employees available for a recession, so that the railroad can … Read more
Over the past year, many Selective Insurance Group, Inc. (NASDAQ:SIGI) insiders sold a significant stake in the company, which may have piqued investor interest. Knowing whether insiders are buying is generally more useful when evaluating insider transactions, because insider sales can have a variety of explanations. However, shareholders should take a closer look at whether … Read more
A Honolulu City Council resolution wants state lawmakers to address what it sees as “drastic” increases in property insurance premiums paid by Oahu homeowners, particularly for those who own condominiums. Council Member Val Okimoto’s Resolution 242, considered today at 1 p.m. by the Council’s Committee on Executive Matters and Legal Affairs, asserts that devastating weather-related … Read more
Global Insurance By Dyana Flanigan 10/21/2024 Coral Springs, Florida, October. 21, 2024 — World Insurance, (WIS), the leading global supply chain insurance broker and member company of the +8 Partners insurance ecosystem, welcomes Joshua Spence to the newly created role of National Bond Manager. In this role, Spence will lead efforts to grow and manage … Read more
More than 1,700 films were released in India in 2023, an increase of 11% from 2022. As the world of cinema becomes increasingly complex and expensive, film insurance has become an essential safety net for producers and studios. In the high-stakes environment of film production, unexpected problems such as natural disasters, actor illnesses or damaged … Read more