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Donegal Group Inc. Announces Quarterly Dividend

December 21, 2023

–Donegal Group Inc. and reported today that its board of directors declared a regular quarterly cash dividend of $0.17 per share of the Company’ s Class A common stock and $0.1525 per share of the Company’ s Class B common stock. Donegal Group Inc. is an insurance holding company whose insurance subsidiaries and affiliates offer property and casualty lines of…

Guidewire Software Inc. (NYSE: GWRE) Records 52-Week High Thursday Morning

December 21, 2023

Shares of Guidewire Software, Inc. (NYSE: GWRE) traded at a new 52-week high today and are currently trading at $86.76. So far today, approximately 402.99k shares have been exchanged, as compared to an average 30-day volume of 431.49k shares. Guidewire Software, Inc. provides software products for property and casualty insurers worldwide. The company offers Guidewire […]

MyHome, a Williston Financial Group Company™, Acquires Lender Marketing Automation Provider Volly

December 21, 2023

Williston Financial Group ®, a Portland- based, full-service provider of title insurance and real estate settlement services for commercial and residential transactions nationwide, announced today that its marketing and technology subsidiary, MyHome, a Williston Financial Group Company™, has completed the acquisition of Volly, a leading national…

SME Insurance Market Is Set to Fly High in Years to Come : Liberty Mutual, Allstate, CGI Insurance, Zurich

December 21, 2023

The growth of the SME Insurance market was mainly driven by the increasing R&D spending across the world. Major players profiled in the study are: Berkshire Hathaway, Liberty Mutual, Allstate Corp, Farmers Insurance Group, Allianz global corporate and specialty, CNA, Zurich, AXA, CGI Insurance, State farm. Scope of the Report of SME Insurance SME insurance helps…

GA Telesis Announces Insurance Settlement in Respect of Aircraft and Engines Previously on Lease to Russian Carrier Rossiya

December 21, 2023

–GA Telesis, LLC, through one of its affiliated entities, received cash insurance settlement proceeds in full settlement of its insurance claims in respect of two Airbus single-aisle aircraft that were on lease at the time of conflict within Ukraine in February 2022 to Russian flag carrier, Joint Stock Company Rossiya Airlines, a member of Aeroflot Group.

Customer Surveys

December 21, 2023

LONDON, 20 December 2023/ PRNewswire Policy/–. We will only ask for information about the service you received, and will not ask for any personal data, such as date of birth or National Insurance number. During December 2023 and January 2024, we will be writing to some of our customers asking them to participate in a survey.

Settlement eyed in civil suit from Christmas Parade tragedy

December 21, 2023

Alma Garcia Ramirez and Lucio Hernandez Rubio, as well as their children Ashbel Hernandez and Lucio Hernandez Jr., sued their insurer, Progressive Universal Insurance Co., and Brooks in September, citing "extreme emotional distress, panic attacks, sleep deprivation, posttraumatic stress disorder, anxiety, depression and other damages" experienced by family…

Settlement eyed in civil suit stemming from Christmas Parade tragedy

December 21, 2023

Alma Garcia Ramirez and Lucio Hernandez Rubio, as well as their children Ashbel Hernandez and Lucio Hernandez Jr., sued their insurer, Progressive Universal Insurance Co., and Brooks in September, citing "extreme emotional distress, panic attacks, sleep deprivation, post-traumatic stress disorder, anxiety, depression and other damages" experienced by family…

MCDERMOTT WILL & EMERY REPRESENTS AON IN ITS $13.4B ACQUISITION OF NFP

December 21, 2023

McDermott Will and Emery, a law firm, issued the following news release:. International law firm McDermott Will& Emery represented Aon plc, a leading global professional services firm, in its acquisition of NFP, a leading middle market property and casualty broker, benefits consultant, wealth manager and retirement plan advisor, from funds affiliated with NFP's…

AM Best Affirms Credit Ratings of Harrington Re Ltd. and Harrington Reinsurance Holdings Limited

December 21, 2023

AM Best has affirmed the Financial Strength Rating of A- and the Long-Term Issuer Credit Rating of“ a-” of Harrington Re Ltd.. AM Best also has affirmed the Long-Term ICR of“ bbb-” of Harrington Reinsurance Holdings Limited. Both companies are domiciled in Bermuda.

AM Best Affirms Credit Ratings of Somers Re Ltd. and Its Subsidiaries

December 21, 2023

AM Best has affirmed the Financial Strength Rating of A- and the Long-Term Issuer Credit Ratings of“ a-” of Somers Re Ltd. and its subsidiaries: Watford Insurance Company Europe Limited; Watford Insurance Company; Watford Specialty Insurance Company; and Axeria IARD. In addition, AM Best has affirmed the Long-Term ICR of“ bbb-” of Somers Group Holdings Ltd., the group’ s…

AM Best Assigns Credit Ratings to Berking Re Limited

December 21, 2023

AM Best has assigned the Financial Strength Rating of B and the Long-Term Issuer Credit Rating of“ bb+ to Berking Re Limited. Berking Re was incorporated in Bermuda on 11 February 2022 and licensed as a Class 3 A insurer effective 6 January 2023. The company is wholly owned by PFY Health Technology Co., Ltd..

FDIC Official Signs, Advertising Requirements, False Advertising, Misrepresentations of Insured Status, Misuse of FDIC's Name or Logo

December 21, 2023

The Federal Deposit Insurance Corporation finalized a rule to amend part 328 of its regulations to modernize the rules governing use of the official FDIC sign and insured depository institutions' advertising statements to reflect how depositors do business with IDIs today, including through digital and mobile channels. The final rule extends the…

AM Best Affirms Credit Ratings of Hannover Rück SE and Its Main Subsidiaries

December 21, 2023

AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Ratings of“ aa” of Hannover Rück SE and its main subsidiaries. AM Best also has affirmed the Long-Term Issue Credit Rating of a debt instrument issued by Hannover Re. The outlook of these Credit Ratings is stable.

AM Best Affirms Credit Ratings of Qatar Insurance Company Q.S.P.C. and Its Subsidiary

December 21, 2023

AM Best has affirmed the Financial Strength Rating of A- and the Long-Term Issuer Credit Ratings of“ a-” of Qatar Insurance Company Q.S.P.C., and its subsidiary, Antares Reinsurance Company Limited. The outlook of these Credit Ratings is stable. An offsetting factor is the concentration of QIC’ s assets toward Qatar and the Gulf Cooperation Council countries,…

Covered California insurance deadline nears. When and how to sign up for health benefits [The Sacramento Bee]

December 21, 2023

The clock is ticking if you still haven’ t signed up for the state-run health marketplace, Covered California. Covered California also provides financial assistance when you buy health insurance, meaning you could qualify for a discount through the service or get health insurance through Medi-Cal. You can qualify if you’ re a California resident without…

Risk Strategies Acquires Setnor Byer Insurance & Risk

December 21, 2023

–Risk Strategies, a leading national specialty insurance brokerage and risk management firm, today announced it has acquired Setnor, Byer, Boganoff, Inc., which does business as Setnor Byer Insurance& Risk, a Greater Fort Lauderdale brokerage and risk management firm with a specialization in developing innovative property, casualty and employee benefits…

WA mental health providers say insurance reimbursement isn't enough [The Seattle Times]

December 21, 2023

Dec. 21— A typical therapy session in the Seattle area costs around $160. If your therapist doesn't take health insurance or is outside of your network, you might pay out of your own pocket and your therapist will get the full $160. asked Megan Wagoner, co-president of the Washington State Psychological Association.

Everest Appoints Industry Leader Glen Browne to Global Head of Accident & Health

December 21, 2023

Everest Group, Ltd., a global underwriting leader providing best-in-class property, casualty, and specialty reinsurance and insurance solutions, today announced Glen Browne has been appointed to Global Head of Accident& Health, effective immediately. Mr. Browne will continue to report to Adam Clifford, co-lead of Everest Insurance International ®.

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