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Hawaii Employers’ Mutual Insurance Company, Inc. (HEMIC) has announced a $5 million dividend for its qualifying policyholders, marking the largest dividend issued in the company’s history.
American Family Insurance Group has announced that it will raise its minimum wage to $25 per hour, effective January 1, 2025.
Koltin, a Mexican insurtech focused on providing private health insurance for seniors, has raised $7.3 million in a Series A funding round led by Left Lane Capital.
Insurance broker Marsh and Lloyd’s underwriter Tokio Marine Kiln (TMK) have introduced a new business interruption insurance product designed to protect ports against increasing trade disruption risks.
Functional Finance, a software platform “revolutionising financial operations” for managing general agents, insurance companies, and wholesalers, announced the closing of a $20 million Series A funding round led by Walkabout Ventures, with participation from Munich Re Ventures and Phil Edmundson, the founder of Corvus Insurance.
Louisiana Workers’ Compensation Corporation (LWCC), the largest workers’ compensation carrier in Louisiana, has selected Akur8’s Core Platform solution to enhance its predictive modeling capabilities and strengthen underwriting insights.
Pivix Specialty Insurance Services, a new managing general agency (MGA) focused on the Excess and Surplus (E&S) lines market, has officially launched.
Pineapple Financial, a Canadian mortgage company, has officially launched Pineapple Insurance, marking a significant expansion of its business.
American International Group, Inc. (NYSE: AIG) has announced the appointment of Keith Walsh as Executive Vice President and Chief Financial Officer (CFO), effective October 21, 2024.
Majesco, a leading provider of cloud-based insurance software, has announced the launch of its new AI ecosystem powered by Majesco Copilot.
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