Billionaire Mukesh Ambani’s Jio Financial Services Ltd., has reached a preliminary agreement with Allianz SE to form an insurance business in India, according to people familiar with the matter. The move comes as the German insurer agreed earlier this week …
Allianz, Jio Financial Said to Reach Initial Deal for India Joint Venture Read More »
The International Underwriting Association (IUA), the group representing London companies that provide international and wholesale re/insurance, has named Chris Jones as chief executive, succeeding Dave Matcham. Jones will formally take up his responsibilities on May 1, 2025 in response to …
London’s IUA Names Jones as Chief Executive, Succeeding Matcham Read More »
The International Underwriting Association (IUA), the group representing London companies that provide international and wholesale re/insurance, has named Chris Jones as chief executive, succeeding Dave Matcham. Jones will formally take up his responsibilities on May 1, 2025 in response to …
London’s IUA Names Jones as Chief Executive, Succeeding Matcham Read More »
The Doctors Company, the Napa, California-based physician-owned medical malpractice insurer, announced it has entered an agreement to acquire ProAssurance Corp. for $1.3 billion, taking the company private. Under the terms of the agreement, ProAssurance stockholders will receive $25.00 in cash …
The Doctors Co. to Take Med-Mal Insurer ProAssurance Private in $1.3B Acquisition Read More »
A federal judge on Monday declined to force the Trump administration to immediately reimburse dozens of public broadcasting stations for upgrades to the nation’s emergency alert system. The nonprofit Corporation for Public Broadcasting sued the Federal Emergency Management Agency last …
Judge Declines to Force FEMA to Release Funds to Upgrade US Emergency Alert System Read More »
Major automakers and tech groups on Tuesday called on the Trump administration to take steps to speed deployment of self-driving cars, citing a number of regulatory hurdles. The Alliance For Automotive Innovation, a group representing nearly all major automakers, in …
Automakers, Tech Industry Urge Trump to Speed Self-Driving Car Deployment Read More »
Higher premiums and longer wait times make property owners less satisfied with their insurers. These not-very-surprising results from J.D. Power’s 2025 U.S. Property Claims Satisfaction Study align with today’s climate of increasingly longer claim cycle times and higher costs for …
JD Power: Customers Not Happy With Carrier Property Claims Service Read More »
Florida insurers, often on the receiving end of insureds’ complaints – in the courts and in the news media – may take heart from a new ruling by a Florida appeals court, which draws a bold line under insureds’ responsibilities …
Homeowners Have Post-Loss Responsibilities Too, Florida Appeals Court Says in HCI Win Read More »
The Alabama Department of Insurance has named Nicole Boswell accounting director. Boswell, with the department since 2008, previously was accounting manager of financial operations and assistant financial officer for the department. She has overseen the department’s budget, accounts payable, cash …
People Moves: Alabama DOI Names Boswell Accounting Director Read More »
The California Department of Industrial Relations made available $25 million in funding for the California Workplace Outreach Project to support 89 community-based organizations across the state. This initiative is intended to promote workplace safety and educate workers about their rights. …
$25M for California Worker Safety, Including Support for LA Fire Recovery Workers Read More »
