Invites Technology Innovators to Reimagine Delivery of Insurance Products The New York State Insurance Fund (NYSIF), the state’s largest non-profit workers’ compensation insurer, has launched the Insurance Innovation program. NYSIF is committed to staying at the forefront of the technological capabilities that enhance customer experience, improve operational efficiency, and support innovation within insurance product development. NYSIF has […]
Chicago, IL — Medical Liability Monitor (MLM), the monthly publication reporting on the medical professional liability insurance industry, commended Pennsylvania lawmakers for introducing a consequential package of tort reform bills aimed at tackling the commonwealth’s ongoing medical liability crisis in its current issue. These reforms come at a crucial time, MLM reports, as Pennsylvania’s legal […]
Claims Technology Veteran Ken Tolson to Serve as CEO of the New Company Crawford & Company®, a leading global provider of claims management and outsourcing solutions to the insurance industry, has announced the launch of TurviSM, a new insurtech company offering market-ready SaaS solutions built to create a more efficient and accurate, P&C claims ecosystem. […]
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 […]
New York saw nearly 22,000 DUI arrests within the timespan of one year. Alaska has been crowned the state with the most drunk drivers, with a DUI arrest rate of 726.13 per 100,000 people. Delaware ranks as the state with the lowest DUI arrest rate; 30.34 per 100,000 people. Rise Legal Funding HAS […]
Dave North, executive chairman of Sedgwick Claims Management Services Inc., will receive the 2024 Business Insurance Lifetime Achievement Award for outstanding accomplishments in the claims, insurance and risk management sector. He will accept the award during the Business Insurance U.S. Insurance Awards on July 18 in New York. Mr. North began his career in the […]
NAILBA, a Finseca community, and the leading insurance industry organization that advocates for consumer choice in the insurance and financial services marketplace through independent brokerage distribution, has released a new professional certification for underwriting. Two years ago, Finseca successfully launched NAILBA Case Manager Certification, a program that yielded increased placement, innovation, and efficiency, and was […]
Risk Strategies, a leading national specialty insurance brokerage and risk management firm, has announced it has acquired Robert C. Williams Insurance Agency, Inc. (Williams Insurance), a property and casualty retail specialist based in Wilkes-Barre, Pennsylvania. Terms of the deal were not disclosed. Founded in 1958, Williams Insurance is led by siblings Rick and Barbara Williams, […]
Newly consolidated top-level holding company harnesses billions in MGA premium, set to expand in select markets with elite veteran teams. Applied Underwriters announced the unveiling of United Risk and the naming of former SiriusPoint CEO and industry leader Dan Malloy to head the newly consolidated enterprise. Built up over the last three years within a […]
Goal is to Help Insurers Keep Pace with Evolving Risks υ To help insurers keep pace with the changing nature of today’s business exposures, as well as increase profitability and expand into new markets, Verisk (Nasdaq: VRSK), a leading global data analytics and technology provider, has announced the launch of its latest update to the […]
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