News
Tango Specialty secures $25mn Vantage Risk paper for E&S property launch
12+ hour ago (66+ words) Tango Specialty secures $25mn Vantage Risk paper for E&S property launch'Insurance Insider US Tango Specialty secures $25mn Vantage Risk paper for E&S property launch The MGA's property team buildout was led by Clif Hope, former Lexington head of property. or…...
“As much as my house payment”: Southeast Idaho business owners hit by rising insurance costs
13+ hour, 21+ min ago (273+ words) IDAHO FALLS, Idaho (KIFI)" On December 31st, enhanced Obamacare premium tax credits expired, triggering sharp insurance cost increases for more than 20 million Americans. Business owners in Southeast Idaho say they're already feeling the pinch. Chantil and Chad Burkey are insured by…...
PURE to reduce admitted homeowners’ rates in Florida starting February
17+ hour, 33+ min ago (58+ words) Pure to reduce admitted homeowners" rates in Florida starting February'Insurance Insider US PURE to reduce admitted homeowners" rates in Florida starting February On average, PURE members will see a 7.6% rate decrease. or continue for password log in and SSO Fuel…...
ALKEME Insurance Buys Five Agencies To Expand Coast-To-Coast Brokerage Platform
18+ hour, 5+ min ago (207+ words) ALKEME Insurance announced it acquired five agencies during the last quarter as it accelerates a national roll-up strategy aimed at broadening property and casualty offerings and adding employee benefits capabilities in key growth markets. ALKEME said the additions deepen its…...
Baldwin Insurance Group (BWIN) Stock Trades Up, Here Is Why
18+ hour, 30+ min ago (271+ words) Shares of insurance distribution company Baldwin Insurance Group BWIN jumped 3.6% in the afternoon session after the company announced it had acquired Obie, an insurance platform for landlords and real estate investors." Adding to the positive sentiment, analysts at Wells Fargo…...
Capital rules force Indian insurers to curb aggressive discounting
18+ hour, 51+ min ago (603+ words) Aggressive discounting for short-term market share becomes harder to justify. India's life insurers are expected to rethink how they price and sell policies as tougher capital rules make it harder to push high volumes through deep discounts, according to a…...
Calhoun celebrates 50th business anniversary
19+ hour, 14+ min ago (396+ words) Wendall Walker, a former 8th grade assistant coach at Forest, once asked the team if any of them had any idea of what they wanted to do when they grew up. Jackie Calhoun surprised him by saying that he wanted to…...
Video: The BI Interview with Noel Paul of Honigman
19+ hour, 31+ min ago (19+ words) Video: The BI Interview with Noel Paul of Honigman'businessinsurance.com Video: The BI Interview with Noel Paul of Honigman...
Howden continues to fight poaching TROs, injunction
19+ hour, 34+ min ago (267+ words) Howden, which has recruited about 700 staff for its U.S. retail operation since its launch last August, continues to face legal challenges from rivals who allege that brokers who moved to the firm violated their employment agreements. Last week, Howden appealed a…...
CrowdStrike defeats shareholder lawsuit over huge software outage
20+ hour, 24+ min ago (293+ words) (Reuters)A federal judge dismissed a lawsuit byCrowdStrike shareholders who said the cybersecurity company defrauded them by concealing its inadequate software testing and quality assurance procedures, before a July 2024 outage crashed more than 8 million Microsoft Windows-based computers worldwide. In a…...