10 12, 2024

Study: A Meter of Sea Rise Could Impact $1 Trillion in Property on Southeast Coast

By | December 10th, 2024|Uncategorized|Comments Off on Study: A Meter of Sea Rise Could Impact $1 Trillion in Property on Southeast Coast

A meter of sea level rise by 2100 would affect more than 14 million people and $1 trillion worth of property along the Southeast Atlantic coast, a new study shows. A recent study published in the journal Nature Climate Change …

4 12, 2024

People Moves: Brecht & Associates Names Jennifer Brecht as President and COO

By | December 4th, 2024|Uncategorized|Comments Off on People Moves: Brecht & Associates Names Jennifer Brecht as President and COO

Brecht & Associates announced the promotion of Jennifer Brecht to president and COO. Brecht has held various leadership positions, most recently as vice president of finance and marketing. Brecht was recently appointed to the Board of Directors of the Texas …

10 12, 2024

Trucordia Acquires Business of Virginia’s Archibald Insurance

By | December 10th, 2024|Uncategorized|Comments Off on Trucordia Acquires Business of Virginia’s Archibald Insurance

Utah-basrd insurance broker Trucordia has acquired the insurance business of Archibald Insurance, an agency with offices in Richmond, Midlothian and North Chesterfield, Virginia. Archibald Insurance offers personal and commercial insurance. By joining Trucordia, the Archibald team seeks to access expanded …

10 12, 2024

Environmentalists Headed to Court Over Proposed Oil Well in Florida Watershed

By | December 10th, 2024|Uncategorized|Comments Off on Environmentalists Headed to Court Over Proposed Oil Well in Florida Watershed

TALLAHASSEE, Fla. (AP) — Environmentalists are heading to court to try to stop a plan to drill for oil in the watershed of a vulnerable north Florida river. The challenge brought by the conservation group Apalachicola Riverkeeper against the state’s …

10 12, 2024

US Small-Business Optimism Soars to Three-Year-High After Trump Win

By | December 10th, 2024|Uncategorized|Comments Off on US Small-Business Optimism Soars to Three-Year-High After Trump Win

US small-business optimism surged in November to a more than three-year high in anticipation of more favorable economic policies after Donald Trump sealed his return to the White House. The National Federation of Independent Business optimism index jumped 8 points, …

10 12, 2024

Insurers’ Climate Losses Almost Match Premiums From Fossil Fuels

By | December 10th, 2024|Uncategorized|Comments Off on Insurers’ Climate Losses Almost Match Premiums From Fossil Fuels

Top insurance companies suffered $10.6 billion of climate-attributed losses this year, just shy of the $11.3 billion of direct premiums they underwrote for commercial fossil-fuel clients in 2023, according to Insure Our Future. Of the 28 insurers reviewed, more than …

4 12, 2024

Insurance Broker Verlingue Acquires Switzerland’s ProConseils Solutions

By | December 4th, 2024|Uncategorized|Comments Off on Insurance Broker Verlingue Acquires Switzerland’s ProConseils Solutions

Verlingue, the Quimper, France-based insurance broker and subsidiary of the Adelaïde Group, announced it has acquired ProConseils Solutions, a major player in the insurance brokerage market in French-speaking Switzerland. Financial details of the deal were not disclosed. Verlingue said this …

10 12, 2024

Allianz Raises Financial Targets for Next Three Years

By | December 10th, 2024|Uncategorized|Comments Off on Allianz Raises Financial Targets for Next Three Years

Allianz, one of Europe’s biggest insurers, has raised its three-year financial targets after outperforming its key goals for this year, the company said on Tuesday. Shares in Allianz fell 1.3% by 0832 GMT. The operator of the PIMCO brand sees …

10 12, 2024

Sloop to Take Over for Drinkwater as Amwins President

By | December 10th, 2024|Uncategorized|Comments Off on Sloop to Take Over for Drinkwater as Amwins President

Ben Sloop is set to take over as president of Amwins Group at the start of 2025, the wholesale brokerage said. Sloop succeeds James Drinkwater, who has been with Amwins since 2004 and has served as president since 2018. He …

5 12, 2024

Claim Frequency in California Workers’ Comp Higher in L.A. Area, Study Shows

By | December 5th, 2024|Uncategorized|Comments Off on Claim Frequency in California Workers’ Comp Higher in L.A. Area, Study Shows

Claim frequency in California workers’ compensation remains significantly higher in the Los Angeles Basin than in the northern part of the state, a new study shows. The Workers’ Compensation Insurance Rating Bureau of California released its WCIRB Geo Study 2024, …