COLOMBO, Sri Lanka – A container ship carrying chemicals sank off Sri Lanka’s capital on Thursday nearly a month after catching fire, raising concerns about a possible environmental disaster. The ship’s operator said the wreck of the Singapore-flagged X-Press Pearl …
Scale Underwriting, a Founder Shield company that provides tailored insurance products for high-growth companies, has launched Scale Social, a media liability insurance policy for social media influencers and their agencies. Scale Social provides US-based influencers and agencies, particularly those with …
This wrap-up of international People Moves details two recent appointments at Aon’s Reinsurance Solutions and insurance broker Miller, in Minneapolis and London, respectively. A summary of these new hires follows here. Insurance broker Aon plc announced that Eric Schwebach has …
Cannasure Insurance Services is now providing its wholesale brokerage and managing general agent services to retail brokers representing insureds domiciled in California. Cannasure announced it will offer property capacity of up to $40 million in total insured values as well …
Third-party crime coverage will protect your business if it suffers direct losses due to criminal activity carried out by someone outside your company. To qualify
This post is part of a series sponsored by The Hanover Insurance Group. The excess and surplus market is growing rapidly. Business is being driven from the admitted market due to actions taken in response to significant weather events, rising …
Cornerstone Risk Solutions LLC, a Denver, Colo.-based subsidiary of IMA Inc., has acquired CLIC Management NV LLC, a managing general agent of group-based insurance programs for the legal cannabis industry. CLIC Management has offices in San Diego, Calif., and serves …
California regulators have approved a plan by Farmers Insurance to assess wildfire risk by using a tool that combines artificial intelligence with high-resolution aerial photography. The carrier said the Z-Fire risk scoring model developed by Zesty.ai is expected to make …
When you and a partner or partners decide to launch a startup, you need to determine how much of the company each of you will
Severe weather trends and an increase in claims are impacting the price of homeowners insurance in Missouri, regulators say. A recent report issued by the Missouri Department of Commerce and Insurance shows that homeowners insurance claims have increased at a …
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