Higginbotham’s Houston Dynamo deal: smart business play or pricey pitchside perk?
The Fort Worth broker is putting its name on a premium club at an MLS stadium. Industry research shows how hard it will be to prove the deal paid off
Insurance News
KCC puts Hurricane Isaias insured losses at $3 billion
KCC's estimate is the highest from the main modelers so far
Insurance brands are worth $607 billion. Should brokers care?
A new league table says Progressive’s brand value nearly doubled in a year. It is worth reading, with a skeptical eye
Men take more caregiving leave than women. HR thinks the opposite
New Standard research finds HR’s assumptions about who takes leave are inverted across most categories
Delaware Jury Awards Qualcomm Just $2 in Damages for Arm Breach of License Deal
Chip technology supplier Arm Holdings breached a licensing agreement with Qualcomm and intentionally interfered with the chipmaker’s business relationship with Meta Platforms, a Delaware jury fo
Employers are building leave programs they can’t administer
NFP research finds only 26% of employers are very confident in their leave administration as programs expand
Liberty Mutual bets on Brazil surety with Austral acquisition
The deal extends a Latin American surety strategy Liberty Mutual built around infrastructure growth
Natural hazard risks driving more New Zealanders to seek expert help from insurance brokers: IBANZ
New research shows people in New Zealand are increasingly turning to insurance brokers for help as concerns about natural hazard risks make general insurance more expensive and harder to secure. The I
Howden Australia appoints Catherine Osbourne as Pacific head of technical, claims
Howden Australia has named Catherine Osbourne as its new head of technical and claims in the Pacific, according to a LinkedIn update on Thursday. Sydney-based Osbourne has joined Howden from Marsh, wh
AM Best Revises Outlooks to Positive for AmTrust Group Insurers
AM Best has revised the outlooks to positive from stable for the members of the New York-based AmTrust Group. The ratings firm also affirmed the Financial Strength Rating (FSR) of A- (Excellent) and t
People Moves: Marsh Hires Meta’s Risk Manager for New Role
Marsh said Michael Crowley has joined the firm as senior enterprise risk advisor for digital infrastructure. In this newly created role, Crowley will help digital infrastructure clients manage risk an
China P&I formally applies to join International Group of P&I Clubs
The International Group of P&I Clubs (IG) has received a formal application for membership from the Chinese marine mutual, China P&I Club (CPI), according to a press release. “The group was pl
Only a quarter of employers are very confident in their leave administration, NFP finds
New research finds leave programs are expanding faster than the administrative capacity to run them compliantly
People Moves: Markel Strengthens London Marine & Energy Liability Team
Markel Insurance announced two key appointments within its marine & energy liability underwriting team in London, appointing Josephine Stroud as head of energy liability and Jenny McFarlane as sen
‘Real step forward’ for Asian ILS as Hong Kong, Singapore eye PCCs
The proposed introduction of protected cell companies (PCC) in Hong Kong and Singapore promises to unleash growth and development in Asia’s sidecar market, with the reinsurance industry seeing huge po
Hong Kong’s Peak Re joins GAIP as principal partner
Peak Re has joined Singapore-based policy think tank Global Asia Insurance Partnership (GAIP) as a principal partner, reinforcing its commitment to addressing protection gaps and strengthening risk re
KCC Says Isaias Insured Losses to Be $3 Billion; AM Best Calls Storm an Earnings Event
Catastrophe risk management firm Karen Clark & Co. (KCC) said privately insured losses from wind and storm surge during Hurricane Isaias will be about $3 billion, making the storm one of the most
Eight States Sue OpenAI, Claiming ChatGPT Harms Children
A bipartisan group of eight states said on Wednesday they had sued OpenAI in courts across the country over harms they say ChatGPT has caused to their residents, alleging the chatbot has coached its u
Lewis & Ellis buys claims consultancy Alan Gray
The Novacap-backed actuarial firm adds complex claims, litigation support and run-off administration in its third acquisition since 2023
Missouri DCI Urges Residents to Consider Earthquake Insurance
October 15 is the Great ShakeOut, a day when millions of Americans participate in earthquake drills while at school, work or home. The Missouri Department of Commerce and Insurance (DCI) is using Octo
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