The Insurance Industry Charitable Foundation (IICF), a unique nonprofit organization dedicated to helping communities and enriching lives, will host its 9th annual IICF Western Division Horizon Award Gala on April 10 at the Skirball Center in Los Angeles.
Author: Annie George
NAIC Announces Gary Anderson as CEO
The National Association of Insurance Commissioners (NAIC) today announced the appointment of insurance veteran and current Massachusetts Insurance Commissioner Gary D. Anderson as the organization’s Chief Executive Officer.
Westfield Names Rosenberg as President, Standard Lines
Westfield, a U.S.-based property and casualty company, has named Stuart Rosenberg to the newly created position of President of Standard Lines.
Lloyd’s Report: Generative AI Is Reshaping the Cyber Threat Landscape
Lloyd’s, the world’s leading marketplace for insurance and reinsurance has today published a new report on how the rapid evolution of Generative Artificial Intelligence (GenAI) technology will impact the cyber risk landscape, requiring businesses to build greater resilience to these evolving threats.
Change Healthcare Rival Onboards Hundreds of Thousands of Customers During Hack Crisis
After a cyberattack on Change Healthcare forced its systems offline last month, clinicians and insurers aren’t the only ones affected. The healthcare tech group’s rivals have had to pivot at short notice to handle a massive jump in customers.
Trump Unable to Get Bond for $464M Judgment
Former President Donald Trump has not been able to get a bond to secure the $464 million civil fraud judgment against him and his co-defendants, his lawyers said in a court filing Monday.
Nordic Capital Bets on Digital Payments Backing InsurTech One Inc
European buyout shop Nordic Capital is investing in insurance payments company One Inc, betting on the future of cashless transactions in a centuries-old industry that has historically relied on a patchwork of systems and paper forms to process and settle claims.
Gallagher Re Names Flasinski CEO of NA Region, Bradshaw Assumes Chairman Role
Reinsurance broker Gallagher Re has appointed Brian Flasinski as Chief Executive Officer of the North American region, succeeding Jim Bradshaw who is set to assume the role of Chairman, Gallagher Re North America.
State Farm Suing Norfolk Southern for Train Derailment Damages
State Farm insurance company is suing Norfolk Southern on behalf of two residents who reported property damage from the train derailment in East Palestine on Feb. 3, 2023.
Enrollment Spikes in California’s Home Insurer of Last Resort, Raising Concerns Over Its Sustainability
With home insurers scaling back coverage in the state, enrollment is surging in California’s backstop insurance plan — as is the plan’s risk of sustaining losses that it can’t cover.