Hagerty (HGTY), an automotive lifestyle brand and a leading specialty insurance provider focused on the global automotive enthusiast market, has announced that it has entered into a definitive agreement to acquire all outstanding shares of Broad Arrow Group, which specializes in the transactional segments of the collector car market. Earlier this year, Hagerty acquired approximately […]
Risk Strategies, a leading national specialty insurance brokerage and risk management firm, today announced it has acquired Dickstein Associates Agency, a full-service retail insurance agency. Terms of the deal were not announced. Located in Tinton Falls, New Jersey and founded in 1965, Dickstein Associates provides comprehensive risk management solutions, including property and casualty insurance coverages […]
The International Association of Black Actuaries (IABA) have selected Roosevelt Mosley Jr., FCAS, MAAA, CSPA and John Robinson, FSA, MAAA, FCA as their 2022 Lifetime Achievement Award Winners. As the International Association of Black Actuaries (IABA) ushers in its 30th year, it remains committed to increasing the number of successful Black Actuaries through strong leadership […]
Chris Clark conducts interviews with leading corporate directors and subject matter experts for Stuart Levine & Associates, a global consulting and leadership development company. The Planet Governance™ interview series features the views of corporate directors and chief executives on critical issues from ESG and cyber-resiliency to succession planning and board composition. I was lucky enough […]
by Rory Yates Since its earliest days, insurers have built their businesses around products designed to help people, businesses, and societies do more by reducing the burden of risk. Today an insurer can still win by offering good products. Tomorrow, however, insurers will only win by offering insurance experiences. Holistic experiences that include assistance, prevention […]
Insurance Felon Fails to Get Early Release Because of Covid Courts across the United States have provided unvaccinated and ill prisoners compassionate release from jail ignoring the fact that the prisoner, if infected, might pass the disease to the public. Brian Stone, proceeding pro se, moved for compassionate release claiming he suffers from long Covid. […]
WITHDRAWAL OF FRAUDULENT PORTION OF CLAIM DOES NOT ELIMINATE FRAUD Small Fraud Defeats Claim WITHDRAWAL OF FRAUDULENT PORTION OF CLAIM DOES NOT ELIMINATE FRAUD Star Casualty Insurance Company appealed a summary final judgment and attorney fee award entered in favor of Gables Insurance Recovery, Inc., as assignee of Star Casualty’s insured, Ana Maria Correa. Star […]
A new report has hit the cyber cover situation head on revealing that: just 55% of organizations currently have cyber insurance, and of those, most policies have limits far lower than the cost of the average attack.
Independent agents again shown to place the majority of all property-casualty insurance written in the U.S. Independent agents place 62% of all property-casualty insurance written in the U.S., according to the Big “I” 2022 Market Share Report. The annual Market Share Report compiles and analyzes property and casualty premium data and provides insights for agencies […]
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