Along with analyzing risk, a risk manager’s core function is to offload as much risk as possible as cost-effectively as possible. While meeting this goal is generally thought of as assembling the right insurance portfolio at the best price, transferring …
Viewpoint: Back to Basics – Risk Transfer Through Contracts and Insurance Read More »
If you’ve felt a shift in driver behavior on Pacific Northwest roads, a recent poll suggests you’re not alone. A survey of Washington and Oregon residents by PEMCO Mutual Insurance found that many motorists are seeing increases in rudeness on …
Poll Shows Pacific Northwest Drivers Are Seeing Increases in Roadway Rudeness Read More »
The Trump Administration has denied Maryland’s request for federal disaster aid for damage caused by severe storms and flooding on May 13 and 14 in Allegany and Garrett Counties in the western part of the state. Gov. Wes Moore said …
FEMA Denies Maryland Disaster Aid Request for Western Counties Hit by May Floods Read More »
The California Department of Insurance completed a review of the state’s first wildfire catastrophe model, marking a dramatic change in the state’s property/casualty insurance ratemaking process. The new model for use by insurers in assessing wildfire risk in property insurance …
California Department of Insurance Completes Final Review of Wildfire Model Read More »
The Kentucky Department of Insurance has posted new rules on the Strengthen Kentucky Homes wind-mitigation grant program, in keeping with statutes approved in 2024. The regulations spell out eligibility requirements for homeowners, grant procedures, reinspection procedures, and eligibility requirements for …
Kentucky DOI Posts Rules on Wind-Mitigation Grant Program Read More »
Pharmacists Mutual Insurance Company announced the appointment of Matthew Mosher, former President and CEO of AM Best Rating Services, Inc., to its Board of Directors. Mosher brings decades of leadership experience and industry understanding that will be instrumental in guiding …
People Moves: Pharmacists Mutual Appoints Mosher to Board of Directors Read More »
Alliant Insurance Services named Stephanie Beach, ASA, MAAA, as Senior Vice President within its employee benefits group, based in Austin, Texas. With more than 25 years of experience advising mid- to large-sized employers, Beach brings extensive expertise in designing and …
People Moves: Alliant Names Beach as SVP Within Employee Benefits Team Read More »
Wildfires fueled by soaring temperatures and strong winds across the eastern Mediterranean left a dozen people dead in Turkey and Cyprus. Ten forest workers and search and rescue volunteers were killed in Turkey’s Eskisehir province and 14 others were hospitalized …
Wildfires in Mediterranean Leave a Dozen Dead as Heat Soars Read More »
Brown & Brown (Europe) Ltd., part of Brown & Brown, Inc., has agreed to acquire Weatherbys Hamilton LLP, a leading UK-based insurance broker specializing in private client, bloodstock, and farm & estate insurance. Financial details of the transaction, which has …
Brown & Brown (Europe) Agrees to Acquire UK-Based Bloodstock Broker Read More »
This edition of International People Moves details appointments at Everest Group and Allianz Commercial. A summary of these new hire follows here. Everest Promotes Beggs as EVP and CEO of Reinsurance Everest Group Ltd., the Bermuda-based property, casualty, and specialty …
