A lawsuit was filed last week against Live Nation and Ticketmaster accusing the companies of negligence and allowing a third party company to gain access to private information belonging to 560 million customers.
Category: Show on Homepage
USG Announces Hire of Cox in Asheboro, NC
USG Insurance Services, Inc., a prominent national wholesaler and MGA, proudly announces the addition of Matthew Cox to their Canonsburg office. Cox joins as an Associate Producer/Broker under the leadership of Becca Faust, Executive Vice President: Branch Manager.
USG Announces Hire of Clemens in Mobile, AL
USG Announces Hire of Clemens in Mobile, AL USG Insurance Services, Inc., a national wholesaler and MGA, is pleased to announce the addition of Charlotte Clemens to our GA office. Clemens joins the team in the role of Inside Producer/Broker, under the guidance of Bob Reardon, National Director of Business Development. USG is delighted to… Continue reading USG Announces Hire of Clemens in Mobile, AL
The Insurance Market Is Flirting with Natural Disasters
Despite warnings of a potential surge in Atlantic storms this summer, insurance for catastrophes is once again attracting capital. Investors do have some reasons to be confident, but they shouldn’t be overconfident.
Florida Property Insurance Market Improves; Reinsurance Dependency Remains High
Higher homeowners’ premiums, a decline in legal costs related to recent legislative efforts and the ongoing de-population of the state-backed insurer of last resort are the backdrop as Florida’s property insurance market churns toward another hurricane season, according to a new AM Best report.
Gallagher Re: Multibillion-Dollar Insured Loss Expected from Holiday Weekend Storms
Catastrophic severe convective storms over Memorial Day weekend will likely result in multibillion-dollar insured losses, according to Gallagher Re.
State Farm, the largest U.S. homeowners and personal automobile insurer, said it has taken in about 25,650 claims from 16 states from the storms.
Warren Buffett Worried About Potential for ‘Huge Losses’ in Booming, but Still Tiny Cyber Insurance Market
One of the messages that Warren Buffett and Berkshire Hathaway’s top insurance executive, Ajit Jain, sent to investors during the company’s recent annual shareholder meeting in Omaha was that cyber insurance, while currently profitable, still has too many unknowns and risks for Berkshire, a huge player in the insurance market, to be fully comfortable underwriting.
Social Security Administration to Pay Out $22.7M to Black Employees Who Alleged Discrimination
Thousands of current and former employees at the Social Security Administration headquarters in Woodlawn, Maryland are about to get a $22.7 million payday after a nearly 20-year battle.
Corvus Expands Cyber Insurance Offering
Corvus Insurance announced it has doubled the aggregate limits available under its Smart Cyber product to $10 million, as well as expanded its appetite for potential insureds to companies with up to $5 billion in annual revenue.
U.S. P&C Insurers: Industry Loss Estimates Reveal Continued Challenges
Verisk and The American Property Casualty Insurance Association (APCIA) remarked on full-year 2023 losses for the insurance industry, which they estimate to be $21.1 billion