INSURASALES

Tag: Risk Management

Federal Reserve Confronts Unprecedented Financial Losses and Accounting Transparency Issues

The Federal Reserve is experiencing unprecedented financial losses amid concerns over accounting transparency and risk management, potentially impacting fiscal policy and economic stability.

NAHB Urges Insurance Discounts for Resilient, Code-Compliant Homes

NAHB advocates for insurance premium reductions for homes built to modern codes and resiliency standards like NGBS Green +RESILIENCE and IBHS FORTIFIED to address rising home insurance costs amid increasing natural disasters.

United Risk Acquires WTW’s Verita, Rebrands as Verist to Expand Specialty Insurance

United Risk acquires WTW's Verita, rebranding it as Verist to enhance specialty insurance services across multiple sectors including real estate and life sciences.

AXA XL Boosts Americas Wholesale Solutions with Key Leadership Hires

AXA XL appoints Betsy Higgens and Megan Kelley to lead its Americas Wholesale Solutions team, signaling a strategic push in the Excess & Surplus market and insurance product development.

Allianz Life Reports Major Social Engineering Data Breach Impacting 1.4M Customers

Allianz Life Insurance Company announces a major social engineering data breach affecting 1.4 million U.S. customers, part of a growing trend of cyberattacks on insurers by groups like Scattered Spider.

AM Best Affirms Direct General Life Insurance Ratings After Nationwide Acquisition

AM Best affirms Direct General Life Insurance Company's credit ratings post-acquisition by Nationwide Mutual, highlighting strong balance sheet and stable outlook.

AM Best Upgrades Lincoln Heritage Life Insurance Company's Credit Ratings to A

AM Best elevates Lincoln Heritage Life Insurance's credit ratings to A, driven by strong underwriting results and improved capital metrics post-pandemic.

Insurity's Excellence in Insurance Conference Focuses on AI, Risk, and Talent

Insurity's 2025 Excellence in Insurance conference targets key challenges in P&C insurance with AI, risk management, and workforce strategies for industry innovation.

Hawaiʻi Enacts Act 296 to Stabilize Property Insurance Market

Hawaiʻi's Act 296 expands hurricane relief coverage and addresses rising property insurance premiums amid recent environmental disasters, stabilizing the state’s insurance market.

Rising Health Insurance Premiums Driven by Increased Claims and Treatment Costs

Health insurance premiums are rising due to increased claim volumes and treatment costs, impacting older adults and driving changes in policy management strategies.