Author: insurancejournalnews

Drivers in Alabama could face hefty fines for even a one-day lapse in their vehicle insurance coverage, according to a 2011 law.

Lara Martiner, CEO of Allianz Risk Transfer AG, will take over as global head of alternative risk transfer at Allianz Commercial.

German insurance giant ERGO Group has acquired Israeli-founded NEXT Insurance in a $2.6 billion all-cash deal, marking ERGO’s entry into the US insurance market.

Indian stock markets experienced a positive day, with the Sensex and Nifty indices closing higher. Here’s a breakdown of the day’s performance, including top gainers and losers across various sectors.

A new report projects substantial growth in the global property and casualty insurance market, fueled by technological advancements and emerging risks.

The Ohio Department of Insurance has unveiled significant changes to its licensing regulations for insurance agents and businesses, impacting naming conventions, renewal deadlines, and continuing education requirements.

A federal judge has granted Bradley Pierre’s request to vacate a default in a civil racketeering case brought by the American Transit Insurance Company, allowing him to challenge allegations of a large-scale insurance fraud scheme.

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Former insurance executive Greg Lindberg has been granted a 30-day extension to file objections to a pre-sentence investigation report.

Several major insurance firms have announced leadership appointments aimed at strengthening their expertise in underwriting, surety, claims management, and employee benefits.