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16 02, 2023

Insurers See California EV Sales Trends Driving Rate Filing Approval Urgency

By | February 16th, 2023|Uncategorized|Comments Off on Insurers See California EV Sales Trends Driving Rate Filing Approval Urgency

Vehicle pricing was a major concern during the inflationary environment that dominated headlines in 2022, however a new report shows sales of electric vehicles in California rose by more than 50% last year from 2021 with an estimated increase in …

15 02, 2023

German Court Dismisses Greenpeace-Led Climate Case Against VW; Plaintiffs to Appeal

By | February 15th, 2023|Uncategorized|Comments Off on German Court Dismisses Greenpeace-Led Climate Case Against VW; Plaintiffs to Appeal

A regional court in Germany has dismissed a case led by Greenpeace against Volkswagen calling on the carmaker to tighten its carbon emissions targets, the company and the climate group said in separate statements on Tuesday. The three plaintiffs – …

15 02, 2023

AXIS Capital Commits to Greenhouse Gas Reduction Goals

By | February 15th, 2023|Uncategorized|Comments Off on AXIS Capital Commits to Greenhouse Gas Reduction Goals

AXIS Capital Holdings Ltd. announced its commitment to a 50% absolute reduction of Scope 1 and 2 greenhouse gas (GHG) emissions by 2030 across its global operations. The action is the company’s latest step in its ambition to transition to …

15 02, 2023

Markets/Coverages: Brit Renews and Expands Flagship Cyber Consortium

By | February 15th, 2023|Uncategorized|Comments Off on Markets/Coverages: Brit Renews and Expands Flagship Cyber Consortium

Brit Ltd. announced the renewal and planned expansion of its leading cyber consortium, Brit Cyber Attack Plus (BCAP), a cyber product designed to protect clients from the impact of physical damage arising from cyber-attacks. BCAP offers limits of up to …

15 02, 2023

Why Not Go Direct on Homeowners, Allstate CEO Asks

By | February 15th, 2023|Uncategorized|Comments Off on Why Not Go Direct on Homeowners, Allstate CEO Asks

When Allstate’s chief executive officer looks at potential growth opportunities for personal lines insurers, he sees an untapped part of the homeowners insurance market—customers that will buy home insurance online. Speaking at the Bank of America U.S. Insurance Conference yesterday, …

15 02, 2023

Caribbean Risk Group Launches in London, Partners With Lloyd’s Broker Ramon Int’l

By | February 15th, 2023|Uncategorized|Comments Off on Caribbean Risk Group Launches in London, Partners With Lloyd’s Broker Ramon Int’l

Caribbean Risk Group LLC. (CRG), the U.S. Virgin Islands-based insurance agency, announced the launch of its London operations, CRG International Ltd. The brokerage in London will act as an appointed representative of Lloyd’s broker Ramon International Insurance Brokers Ltd. CRG’s …

15 02, 2023

RiverStone Completes Reinsurance-to-Close with MS Amlin, Largest in Lloyd’s History

By | February 15th, 2023|Uncategorized|Comments Off on RiverStone Completes Reinsurance-to-Close with MS Amlin, Largest in Lloyd’s History

RiverStone International, a leading acquirer and reinsurer of legacy and discontinued insurance business, has completed an agreement with MS Amlin Underwriting Ltd. to provide MS Amlin Syndicate 2001 with a reinsurance-to-close (RITC) of the 2018 and prior years of account. …

15 02, 2023

In Cyber Insurance, Experts Say Employee Curiosity Can Kill the Catastrophe

By | February 15th, 2023|Uncategorized|Comments Off on In Cyber Insurance, Experts Say Employee Curiosity Can Kill the Catastrophe

One of the most important things insurance companies and employees alike can do to achieve success is stay curious, experts said on this episode of The Insuring Cyber Podcast. “Make curiosity a sought after quality when interviewing for any position,” …

15 02, 2023

Doctor Headed to Prison After Extensive Hospice Fraud in Mississippi

By | February 15th, 2023|Uncategorized|Comments Off on Doctor Headed to Prison After Extensive Hospice Fraud in Mississippi

A Mississippi physician has been sentenced to five years in prison for healthcare fraud connected to hospice operations in the state’s impoverished Delta region. Federal prosecutors said Dr. Scott E. Nelson, 58, of Cleveland, Mississippi, was medical director for several …

15 02, 2023

BriteCo Launches Independent Agent Program

By | February 15th, 2023|Uncategorized|Comments Off on BriteCo Launches Independent Agent Program

BriteCo jewelry insurance today launched its new Agent Program, which will enable independent insurance agents in the United States to offer BriteCo jewelry insurance to their clients. Per a press release, agents in the program gain access to BriteCo’s cutting-edge …