September 2024
CIBGNY Battles for brokers at DFS, targeting HO, other markets
Insurance Advocate goes way back with the CIBGNY to when it was 5 organozations – one per borough – and to when it had a giant annual black tie dinner – always covered with fotos- and had its annual Catskill convention, egg tossing and all. Many great men and women were the backbone of this […]
Todd Jackson is Big I’s New Chairman
Indiana’s Jackson leads national association for 2024-25 term. The Independent Insurance Agents & Brokers of America (the Big “I”) installed Indiana’s Todd Jackson, owner and partner at McGowan Insurance Group in Indianapolis, as the 2024-2025 Big “I” chairman at the recent Big “I” Fall Leadership Conference in Indianapolis. With over 30 years of experience in […]
Applied Systems Acquires Planck
Applied Systems (“Applied”) has announced that it has acquired Planck, the leading Artificial Intelligence (AI) company for the insurance industry. This strategic acquisition will significantly expand Applied’s AI capabilities, accelerating its vision for the next generation of the digital roundtrip of insurance and creating more value at every stage of the insurance lifecycle for the benefit of agencies, carriers […]
Safety and Insurance Tips for College Students
By Sue C. Quimby, CPCU, AU, CIC, CPIW, DAE, CLP-A – Senior Vice President Going away to school is an exciting time for children and their parents. But, in addition to choosing classes, finding a place to live and making new friends, there are important issues that every college student needs to think about, such […]
Inland Marine Underwriters Association President & CEO Kevin O’Brien Announces Plans to Step Down
Kevin O’Brien, President and CEO of the Inland Marine Underwriters Association (IMUA), announced that he will step down from his role on January 31, 2025. During a recent Executive Committee meeting, O’Brien informed IMUA’s officers of his intentions. After 14 years at the helm, he will be pursuing new opportunities outside the organization. IMUA is […]
New York Affordable Housing Market About to be “Captivated” by New Enterprise
A Vermont-based captive insurer has targeted New York’s affordable rental housing market at a time of that sector’s stress in availability and pricing.. The Milford Street Association Captive Insurance Co. will serve New York affordable rental buildings that have a regulatory agreement limiting rents and receive public financing, exclusively. Affordable housing professionals see rising insurance […]
London-Based Insuramore Measures Insurers by Cyber Insurance Direct Premiums Written
As an extension of its rankings of insurance providers worldwide, and based in part on guidance from some of the largest underwriters in the sector, Insuramore has updated its global ranking of insurer (carrier) groups as measured by cyber insurance gross direct premiums written (GDPW) in 2023 (see www.insuramore.com/rankings/insurers/premiums-cyber). This analysis indicates that GDPW for cyber insurance can be […]
Florida’s Insurance Commissioner Highlights Strengthening Property Insurance Market
Progressive commits to investing in Florida, joining State Farm and several national carriers, and nine new domestic property insurers following 2023 reforms υJust four days after Hurricane Debby made landfall along the Big Bend, Florida’s Insurance Commissioner Michael Yaworsky announced several positive developments related to the state’s strengthening property insurance market. The news follows announcements […]
Safety First: 2024’s Safest States for Outdoor Workers
By Sav Maive | Updated: August 21, 2024 Which states take “safety first” seriously for outdoor jobs? With the Occupational Safety and Health Administration’s (OSHA) recently proposed rule for federal heat protections, Lawn Love ranked 2024’s Safest States for Outdoor Workers. We compared all 50 states and the District of Columbia based on 5 categories. We looked at legislation protecting […]
