Browsing: insurance

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.

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.

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

The National Association of Insurance Commissioners (NAIC) is set to convene its new risk-based capital (RBC) task force at its spring meeting, along with discussions on data calls and asset adequacy testing.

A new bill proposed in California aims to alleviate the burden on homeowners by requiring insurers to pay full coverage for lost belongings without demanding itemized lists, a move consumer advocates applaud.

Chinese insurance companies have been fined over 200 times this year, totaling nearly 70 million CNY.

The National Financial Supervision Administration (NFSA) reported a continued decrease in the number of professional insurance intermediaries in China, marking a significant trend in the industry.

A Louisiana state program offering grants for hurricane-resistant roofs is effectively lowering homeowner insurance rates, according to a recent audit.

Several bills proposing changes to attorney fees and medical damages in insurance claims have cleared Florida House subcommittees, though their fate in the Senate remains uncertain.