19 09, 2025

Viewpoint: Rampant Fraud in Staged Accidents

By | September 19th, 2025|Uncategorized|Comments Off on Viewpoint: Rampant Fraud in Staged Accidents

It should come as no surprise that Hollywood has not made many movies about insurance—arguably among the least glamorous of industries. However, there are three insurance-themed films worth watching. Two from the 1940s film noir era are Double Indemnity and …

19 09, 2025

AI Boom Fuels 11% Rise in Top Japan Insurer’s Project Loans

By | September 19th, 2025|Uncategorized|Comments Off on AI Boom Fuels 11% Rise in Top Japan Insurer’s Project Loans

Nippon Life Insurance Co. sees its overseas project finance lending climbing 11% to a record high this year due to surging demand to fund AI data centers in the US and elsewhere. The outstanding amount of such loans provided by …

18 09, 2025

Update: SEC Hands Victory to IPO Issuers Who Want to Avoid Class-Action Lawsuits

By | September 18th, 2025|Uncategorized|Comments Off on Update: SEC Hands Victory to IPO Issuers Who Want to Avoid Class-Action Lawsuits

The U.S. securities regulator on Wednesday said it would allow companies seeking to go public to require that investors resolve claims of fraud or other false statements through arbitration rather than court litigation, handing a victory to companies and weakening …

18 09, 2025

People Moves: IMA Appoints Boothroyd Chief People Officer; bolt Names Scott Head of Strategy and Industry Verticals

By | September 18th, 2025|Uncategorized|Comments Off on People Moves: IMA Appoints Boothroyd Chief People Officer; bolt Names Scott Head of Strategy and Industry Verticals

IMA Financial Group Appoints Boothroyd as Chief People Officer IMA Financial Group, Inc. named Greg Boothroyd chief people officer. He leads IMA’s people strategy, focusing on programs and practices that invest in talent, preserve the firm’s core mission and address …

18 09, 2025

New York Financial Firm Invests $37.4 Million in New Jersey MGA Leap

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Syracuse, New York based financial services firm Community Financial System, Inc. is expanding its commitment to insurance by investing $37.4 million in the insurance business of Leap Holdings, Inc. Leap’s wholly owned subsidiary, Leap Insurance Agency of Jersey City, New …

18 09, 2025

New York Executives Blast State Over Regulatory ‘Black Hole’

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At a recent roundtable with New York executives, Heather Briccetti Mulligan remembers the frustration of a businessman who compared trying to file a permit for a $200 million construction project with ordering a pizza. The pizza could be tracked by …

18 09, 2025

Storage Facility Employee Dies in Golf Cart Rollover

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Police and rescue personnel in Marlborough, New Hampshire were dispatched earlier this month to the local Extra Space storage facility for a reported golf cart rollover and entrapment. The crews found the single occupant of the golf cart still pinned …

18 09, 2025

Bamboo Insurance and Accredited Partner to Expand Homeowners Coverage in California

By | September 18th, 2025|Uncategorized|Comments Off on Bamboo Insurance and Accredited Partner to Expand Homeowners Coverage in California

Bamboo Insurance entered into a partnership with Accredited the companies say will provide availability and coverage options to homeowners across California. Bamboo’s E&S Signature product combines Bamboo’s tech-enabled underwriting platform with Accredited’s financial strength and specialty program expertise to deliver …

18 09, 2025

Climate Change Led to At Least 16,500 Heat Deaths in Europe This Summer

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Climate change fueled scorching summer temperatures that killed an estimated 16,500 people in European cities this summer, pushing overall heat deaths to more than three times what might otherwise have occurred, according to a new study. The analysis presents an …

18 09, 2025

People Moves: Allianz Commercial Names Stewart Head of Liability, N.A.; Alliant Hires Martin to Lead Alternative Risk Transfer

By | September 18th, 2025|Uncategorized|Comments Off on People Moves: Allianz Commercial Names Stewart Head of Liability, N.A.; Alliant Hires Martin to Lead Alternative Risk Transfer

Allianz Commercial Appoints Stewart as North American Head of Liability Global insurer Allianz Commercial, with U.S. headquarters in New York City, appointed Mary Ann Stewart as regional head of liability, North America, effective September 22. Based in Chicago, Stewart will …