China is guiding local mutual funds and insurers to boost their stock purchases in the government’s latest initiative to shore up its ailing equity market as it confronts the threat of higher tariffs. Mutual funds should raise their holdings of …
China Guides Mutual Funds, Insurers to Invest More in Stocks Read More »
Dutch insurance companies and other financial institutions that want to invest in the defense industry can expect guidance from the government, said Defense Minister Ruben Brekelmans. “What I’ve experienced so far with insurers like NN, but also with banks, is …
Dutch Willing to Help Insurers Invest in Defense, Minister Says Read More »
India widened backing for Russian insurers as the largest buyer of Moscow’s seaborne crude strives to keep discounted barrels flowing, after the US imposed fresh sanctions earlier this month. As well as extending approvals for some sanctioned providers, India’s Directorate …
India Widens Approvals for Russian Insurers After Oil Sanctions Read More »
While the Los Angeles wildfires inch closer toward containment, estimates of insured losses continue to creep higher. CoreLogic said the industry price tag of the Palisades and Eaton fires could land between $35 billion and $45 billion. Moody’s RMS, in …
Insurtechs’ Approach to Wildfire Insurance: Part III – Faura Read More »
After Hurricane Milton swept through parts of southwestern Florida in October, aerial drone images showed condominium buildings with large sections of their roof membranes peeled back like blankets on a beach, exposing the buildings to water intrusion. Builders and commercial …
Does Florida’s 15-year Roof Age Rule Discourage More Wind-Resistant Products? Read More »
Washington State Insurance Commissioner Patty Kuderer made six additions to her executive team. Kuderer was sworn in as the state’s ninth insurance commissioner on January 15. She replaces Washington Commissioner of Insurance Mike Kreidler, the nation’s longest serving insurance commissioner. …
People Moves: Washington Insurance Commissioner Kuderer Adds to Executive Staff Read More »
A cannabis growing company has lost its bid to have its insurer cover $1.3 million in claimed business income losses after a building fire damaged almost 1,000 of its marijuana plants and shuttered one of its “flowering” rooms. A federal …
Fire-Damaged Cannabis Grower Loses $1.3 Million Business Income Loss Claim Read More »
Toni Boucher threw up the first time she saw the charred remains of her home and neighborhood after this month’s deadly Los Angeles-area wildfires. Now she wonders if it’s worth it to go back to sift through the ashes and …
Ash Left Behind by LA Wildfires Might Be Toxic, Experts Warn Read More »
A man broke into a Philadelphia church and stole a 125-year-old bejeweled crown from atop a marble statue of the Virgin Mary, city police said earlu this week.. The burglary at St. John the Evangelist Roman Catholic Church occurred around …
Crown Stolen from Virgin Mary Statue at Philadelphia Church Read More »
This post is part of a series sponsored by Darkhorse Insurance. In the complex world of insurance, as an insurance agent, you often face a crucial decision between Direct Carrier Appointments and Producer Sub-Codes. Each option has its unique details, …
The Difference Between Direct Carrier Appointments and Producer Sub-Codes Read More »
