Uncategorized

/Uncategorized
8 12, 2022

PCF Insurance Acquires Illinois F&I Firm Direct Dealer Services

By | December 8th, 2022|Uncategorized|Comments Off on PCF Insurance Acquires Illinois F&I Firm Direct Dealer Services

PCF Insurance Services (PCF) has acquired Direct Dealer Services (DDS), an automotive finance and insurance (F&I) firm providing industry-leading technologies, products, solutions and training. Headquartered in Hoffman Estates, Illinois, DDS offers national automotive dealers, agents, and lender partners innovative F&I …

8 12, 2022

New York’s Marenco Agency Joins Renaissance Network

By | December 8th, 2022|Uncategorized|Comments Off on New York’s Marenco Agency Joins Renaissance Network

Marenco Insurance Agency has joined the Renaissance independent insurance agency network in New York. The family-owned property/casualty agency, founded in 1961, is located in New Rochelle, New York. It also serves clients in Connecticut, New Jersey, and Florida. Renaissance offers …

8 12, 2022

European Central Bank Urgently Seeks Regulation After Multiple Crypto Bubbles Burst

By | December 8th, 2022|Uncategorized|Comments Off on European Central Bank Urgently Seeks Regulation After Multiple Crypto Bubbles Burst

Crypto assets are here to stay so their regulation is urgently needed to protect investors and the stability of the global financial landscape, European Central Bank board member Fabio Panetta said on Wednesday. Crypto investors suffered a series of blows …

8 12, 2022

UPC Latest Insurer to Leave Louisiana

By | December 8th, 2022|Uncategorized|Comments Off on UPC Latest Insurer to Leave Louisiana

Florida-based homeowners insurer United Property & Casualty Insurance Company (UPC) has announced it is leaving several states in 2023, including Louisiana where it has approximately 36,000 policyholders. UPC will begin non-renewing its policies in 2023, the Louisiana Department of Insurance …

8 12, 2022

Small Plane Crash Kills 3 Near Oklahoma City

By | December 8th, 2022|Uncategorized|Comments Off on Small Plane Crash Kills 3 Near Oklahoma City

YUKON, Okla. (AP). – A small plane crashed near Oklahoma City, killing all three people who were on board, authorities said Tuesday. The Beechcraft Bonanza F33A crashed at around 9:20 p.m. Monday near Clarence E. Page Airport in Yukon, the …

2 12, 2022

Swiss Gov’t Seeks Mandatory Reporting of Cyberattacks on Key Infrastructure

By | December 2nd, 2022|Uncategorized|Comments Off on Swiss Gov’t Seeks Mandatory Reporting of Cyberattacks on Key Infrastructure

The Swiss government proposed on Friday making it mandatory to report cyberattacks on critical infrastructure as a way to help shed light on hackers and sound the alarm more widely. It asked parliament to approve legislation that creates the legal …

2 12, 2022

News Archives – Insurance Journal 2022-12-02 08:53:19

By | December 2nd, 2022|Uncategorized|Comments Off on News Archives – Insurance Journal 2022-12-02 08:53:19

The twister that smashed through a small Alabama community this week, during an outbreak of tornadoes across the Deep South, killed a 39-year-old woman and her 8-year-old son on a street where generations of one family lived. One of dozens …

2 12, 2022

EU Takes ‘First Step’ to Certify Removals of Carbon Dioxide From Atmosphere

By | December 2nd, 2022|Uncategorized|Comments Off on EU Takes ‘First Step’ to Certify Removals of Carbon Dioxide From Atmosphere

The European Union set out plans on Wednesday to certify removals of carbon dioxide from the atmosphere, while leaving key details to be worked out later – including how these removals will be counted towards EU climate change targets. The …

2 12, 2022

2022 Hurricane Season Ends But Was the Third-Costliest on Record, Thanks to Ian

By | December 2nd, 2022|Uncategorized|Comments Off on 2022 Hurricane Season Ends But Was the Third-Costliest on Record, Thanks to Ian

An Atlantic hurricane season that had 14 named storms officially ended on Wednesday, leaving residents in the Florida Keys to celebrate even as others around Florida and Puerto Rico continue to grapple with the damage caused by Hurricanes Ian, Nicole …

23 11, 2022

Property Cat Reinsurance Rates Likely to Rise by More Than 10% in January Renewals

By | November 23rd, 2022|Uncategorized|Comments Off on Property Cat Reinsurance Rates Likely to Rise by More Than 10% in January Renewals

Reinsurance rates for property catastrophe business should increase by well over 10% when contracts are renewed in January 2023, according to a commentary from Fitch Ratings Fitch expects double-digit percentage premium rate rises for property catastrophe cover in 2023, driven …