INSURASALES

Tag: Insurance

Patriot Select Assumes 12,000 Florida Homeowners Policies from Citizens

Patriot Select took over nearly 12,000 Florida homeowners multi-peril insurance policies from Citizens Property Insurance, backed by a strong reinsurance program and additional capital.

Carbon Underwriting Policies Drive Significant Reduction in Coal Insurance Coverage

Research shows carbon underwriting policies significantly reduce coal mine insurance coverage, impacting production, employment, and mine viability, with European insurers leading reform efforts.

Global Financial Services Market to Reach $47 Trillion by 2029 with 7.2% CAGR

The global financial services market is projected to grow to $47.35 trillion by 2029, driven by blockchain adoption, AI integration, and rising wealth management demand.

Aflac Reports Cybersecurity Breach Potentially Exposing Customer Data

Aflac reveals a cybersecurity breach on its U.S. network affecting customer personal data, highlighting rising cyber threats in the insurance industry.

American Financial Group Updates Property Sale; AI Stocks Present New Growth Opportunities

American Financial Group retreats on Charleston property sale to preserve financial flexibility. Meanwhile, AI stocks surge as transformative investment opportunities for the insurance sector.

Global Insurance Industry Reassesses Risk Amid Israeli Offensive on Iran

Global insurers adjust war risk exposures and premiums as Israeli military operations against Iran disrupt aviation and maritime sectors, impacting global insurance markets and risk management strategies.

Charleston Dockside Apartments Face $151M Repair Costs Without Insurance Coverage

Dockside Apartments in Charleston confront a $151M repair bill due to missing HOA insurance coverage, highlighting insurance denial issues and homeowner financial risks.

Mercy and Humana Launch 65 Prime+ Clinics for Medicare Seniors

Mercy and Humana collaborate to open 65 Prime+ clinics in Missouri, enhancing Medicare senior care with tailored primary care services and expanded access to Medicare Advantage plans.

National Farm Life Insurance Strengthens Board with Healthcare and Education Leaders

National Farm Life Insurance Company appoints new board members with expertise in healthcare, higher education, and agriculture to support strategic growth and policyholder service.

Global Indemnity Appoints Jason Murgio to Board to Drive Growth

Global Indemnity Group appoints Jason C. Murgio to its Board, emphasizing growth and innovation in insurance mergers and acquisitions. Murgio's experience will support GBLI's strategic direction.