Annuities sales in the United States have reached their highest levels, surpassing all previous records, with the United Kingdom experiencing a similar trend in life-saving product sales, following a similar trajectory, Swiss Re has revealed. This presents a vital opportunity to reduce the pensions gap, analysts highlight. At the same time, they warned that savings […]
Newline Group, a specialty insurance provider, has announced the launch of a new office in Manchester, reinforcing its ongoing dedication to brokers and clients in the UK’s regional market. This Manchester location is the company’s second regional office in the UK, following the opening of its Leeds office in 2017. Newline remains focused on strengthening […]
A fire in a school dormitory in central Kenya killed 17 students and seriously burned 13 others, police said.
Sapiens International Corporation, a provider of software solutions for the insurance industry, has announced a new partnership with Addresscloud, a cloud-based location intelligence firm. This collaboration aims to enhance insurers’ ability to assess geographic risk and make well-informed underwriting decisions by providing access to global geospatial data. The partnership brings several advantages, including precise geocoding […]
Property and casualty insurer, Berkshire Hathaway Specialty Insurance (BHSI), has announced the promotion of Theresa Biedermann to Senior Vice President (SVP), Head of Commercial Lines (Public) and Financial Institutions Claims for Executive & Professional (E&P) Lines Claims in the US. Robert Romeo, Head of Claims, North America at BHSI, commented, “All of us at BHSI […]
Members of the Farm Bureau Property & Casualty Group have seen a 30% drop in surplus through Q2’24 due to significant catastrophe losses, including a major hailstorm in May and a wildfire in June, leading AM Best to downgrade its Issuer Credit Ratings. As a result, key balance sheet strength metrics have weakened and no […]
Texel Group, a specialist in credit and political risk insurance, has announced that Hélène Heas and Davis Ng have joined its Singapore office as brokers, and will report to Angela Chang, Managing Director of Texel Asia. Heas and Ng will play key roles in expanding Texel’s business across the Asia Pacific region. They will work […]
The father of Colt Gray, the suspected gunman in the Apalachee High School shooting, has been arrested.
Former President Donald Trump has twice sought to delay sentencing after his conviction in May by a unanimous jury on 34 felony counts of falsifying business records.
ChiefsAholic, a fan who dressed in a wolf costume to attend Chiefs games, was sentenced on charges related to bank robberies across seven states.
