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Verisk’s Extreme Event Solutions group has estimated that insured losses from the September 2024 floods in Czechia, Poland, and Austria will range between EUR 2 billion (US$2.2 billion) and EUR 3 billion (US$3.4 billion).
New research from Beazley, a leading specialist insurer, reveals that artificial intelligence (AI) is becoming the most pressing challenge for digital health and wellness companies.
Relation Insurance Services has announced the acquisition of Whitney Oaks Insurance Services, Inc., effective August 30, 2024. The terms of the transaction were not disclosed.
RWS, a global leader in technology-driven language, content, and intellectual property solutions, has announced a multi-year Strategic Collaboration Agreement with Amazon Web Services (AWS) to launch new solutions powered by generative AI.
McGill and Partners, a leading independent global specialty insurance and reinsurance broker, has announced its expansion into the Nordic region with the opening of a new branch office in Sweden, pending regulatory approvals.
Quantee, a leading InsurTech company, has announced a new partnership with Colombian insurer Seguros del Estado.
Madrid-based insurance startup, Tuio, has successfully raised $16.7 million in a combination of equity and debt.
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.
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.
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