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K2 INSURANCE SERVICES ANNOUNCES STRATEGIC INVESTMENT IN TITAN FLOOD

September 27, 2023

–K2 Insurance Services today announced a strategic investment in Titan Flood Inc., a new Managing General Agent specializing in the Private Residential Flood market. Stephanie was co-founder and COO of Neptune Flood, a leading provider of private flood insurance programs in the U.S. Stephanie chose Solstice Innovations, Inc. as its technology partner, to…

Climate change crushes insurers

September 27, 2023

Both California, which has been plagued by wildfires, and Florida, at risk for flooding and wind damage, have seen record numbers of policies written with their state-run programs. Citizens Property Insurance of Florida and California's FAIR Plan are designed to insure properties when a homeowner is unable to get insurance in the private market.

Safety National Re Welcomes Scott Steele to Casualty Treaty Team

September 27, 2023

Safety National Re announced that Scott Steele has joined the company as Vice President Treaty Reinsurance. Scott Steele, Vice President Treaty Reinsurance, Safety National Re. “We welcome Scott to our team,” said Kim Barnett, Executive Vice President and Head of Safety National Re.“ As part of our growth strategy, we continue to add to our solid team of recognized…

Study: RIAs Say Clients Worried About Retirement; How They’ll Be Able to Do It, When They’ll Be Able to Do It, and How Well They’ll Be Able to Do It

September 27, 2023

RetireOne, the leading independent platform for fee-based insurance solutions, in partnership with Allianz Life Insurance Company of North America released their joint 2023 RIA Protected Accumulation+ Retirement Income Survey today. “We’ re only months away from the year in which the greatest cohort of Americans will turn 65 in our nation’ s history,” said…

Fannie Mae Executes Its Eighth Credit Insurance Risk Transfer Transaction of 2023 on $8.4 Billion of Single-Family Loans

September 27, 2023

Fannie Mae issued the following news release on Sept. 26, 2023:. Fannie Mae announced today that it has executed its eighth Credit Insurance Risk Transfer (TM) transaction of 2023. "We appreciate the continued support of the 24 insurers and reinsurers that have committed to write coverage for this deal," said Rob Schaefer, Fannie Mae Vice President, Capital…

ABI Signs Memorandum of Understanding With ABIR

September 27, 2023

The agreement will build on the working partnership that exists between the Bermuda and UK markets, two leading global re/insurance hubs. Bermuda's leading property and casualty re/insurers represent 44% of capacity in the Lloyd's of London market and provide 32% of reinsurance capacity for the UK Government-backed terrorism reinsurer, Pool Re.

Travelers Institute® to Host Travelers Chairman and CEO Alan Schnitzer for Its 100th Wednesdays with Woodward® Webinar

September 27, 2023

The Travelers Institute, the public policy division of The Travelers Companies, Inc., will celebrate the 100th episode of its Wednesdays with Woodward webinar series Oct. 25 with special guest Alan Schnitzer, Chairman and Chief Executive Officer of Travelers. Schnitzer will sit down with series creator and host Joan Woodward, President of the Travelers…

Resideo Expands Relationship with USAA to Help Homeowners Protect What Matters Most

September 27, 2023

–Resideo Technologies Inc., a leading global manufacturer and developer of technology-driven products and components that provide critical home comfort, energy management, and safety and security solutions, has been added to USAA's PERKS program to help its members protect against water damage and optimize home efficiency. "Resideo has been honored to…

Heritage Insurance Company Deploys Guidewire Cloud to Enhance Claims Operations

September 27, 2023

TAMPA, Fla.& SAN MATEO, Calif.—- Heritage Insurance Company and Guidewire announced that Heritage successfully deployed Guidewire ClaimCenter on Guidewire Cloud to power claims operations, adapt to changing market demands, and deliver value to its agents and policyholders. We were able to successfully convert nearly 240,000 claims onto ClaimCenter, which is a…

Fla. CFO Patronis Announces Four Arrests in Miami Insurance Fraud Scheme

September 27, 2023

Today, Chief Financial Officer Jimmy Patronis announced the arrest of four subjects, identified as two licensed public adjusters, one individual posing as a public adjuster, and one mold remediation company owner, for allegedly filing multiple fraudulent insurance claims with Citizens Property Insurance Corporation to attempt to defraud a 94- year-old…

Allstate: New Interactive Community Training Mural Unveiled in Chicago in Partnership With Black Star and Inspired by U.S. Soccer Stars Crystal Dunn, Naomi Girma and Lynn Williams

September 27, 2023

Working with Black Star, a program whose mission is to accelerate the growth and popularity of soccer among Black Americans and local nonprofit Intentional Sports, there's now a dedicated outdoor training space for youth players. "Soccer is one of the most popular sports in the world and a game that I love, which is why I am so passionate about passing it on to the…

Michael Guo Xiaotao appointed Co-CEO of Ping An Group, Jessica Tan resigns and continues to serve as company director

September 27, 2023

Ms. Tan will continue to work at Ping An until December 31, 2023, and thereafter will continue to serve as a company Director. According to the announcement, Mr. Guo, 51, received a bachelor's degree in Information and Control Engineering from Xi'an Jiaotong University and a master's degree in Business Administration from the University of New South Wales,…

Edward Rose & Sons Signs Multi-Year Contract with Assurant Multifamily Housing

September 27, 2023

Assurant's pay-with-rent Cover360 renters insurance solution now available at over 70,000 Edward Rose& Sons units across 148 properties Atlanta, September 27, 2023- Assurant, Inc., a leading global business services company that supports, protects and connects major consumer purchases, announced it has signed a multi-year contract with Michigan- based…

Chubb and SentinelOne® Partner to Enhance Cyber Risk Management

September 27, 2023

–Chubb, the world's largest publicly traded property& casualty insurance company, is collaborating with SentinelOne, a leader in cybersecurity, to streamline cyber risk management practices for U.S. businesses. As part of the first phase of this collaboration, Chubb's cyber insurance policyholders with over $100 million in revenue will have the ability to…

Tri-Caucus Chairs Applauds HHS' Swift Action Reinstating Coverage for Half a Million Children and Adults

September 27, 2023

WASHINGTON, Sept. 27– The Congressional Hispanic Caucus issued the following following joint statement on Sept. 26, 2023:. Last week, the U.S. Department of Health and Human Services announced that half a million children and families had regained their Medicaid and Children's Health Insurance coverage after losing it this year. Judy Chu, Congressional Black…

LIMRA: Workplace Supplemental Health Product Sales Continue Growth in the Second Quarter 2023

September 27, 2023

WINDSOR, Connecticut, Sept. 27– LIMRA issued the following news release:. Following a 6% increase in new annualized premium in the first quarter, U.S. workplace supplemental health product sales- accident, critical illness, cancer, hospital indemnity, and other supplemental health insurance products*- totaled $513 million, representing a collective 5% increase…

OTORIO and HSB Launch Warranty That Leverages Risk Management Strategies to Enhance Insurability and Protect Operational Efficiency

September 27, 2023

TEL AVIV, Israel and HARTFORD, Conn., Sept. 27, 2023/ PRNewswire/– OTORIO, the leading provider of operational technology cyber and digital risk management solutions, and HSB, a specialty insurer, today announced a joint effort to raise awareness of OT security and risk reduction as crucial strategies for insurability. "Cyber events in OT settings can result in…

Three ways your identity can be stolen that you may have never heard of

September 27, 2023

–Juice jacking, QR code scanning, form jacking— these are cybercrimes, and according to respondents of the latest Agency Forward survey conducted by Nationwide, many have never even heard of them. Why It Matters: The Federal Trade Commission received 5.7 million total fraud and identity theft reports, of those 1.4 million were specific to identity theft.

America's Health Insurance Plans: Americans Are Highly Satisfied With Their Dental Insurance

September 27, 2023

WASHINGTON, Sept. 27– America's Health Insurance Plans issued the following news release:. Global Strategy Group conducted the online survey on behalf of AHIP, focusing on dental insurance enrollees who have visited their dentist, oral surgeon, orthodontist, or other dental specialist in the past year. The survey was fielded from July 24- July 27, 2023.

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