The company anticipates its strongest earnings quarter of the year in the fourth quarter of 2024, exceeding the $18.9 million in after-tax net income reported

Regional preferences for flood insurance providers also varied. Midwestern respondents expressed a preference for private insurers, citing higher coverage limits and greater flexibility. In contrast,

Mercer, Marsh’s HR and investment consulting unit, posted Q4 revenue of $1.5 billion, a 3% increase (5% underlying). Growth was led by Wealth (up 4%

Wildfire losses are likely to have a major impact on the insurance industry’s first-quarter earnings. The majority of insured losses will be shared among standard

According to Squaremouth, emergency medical claims became the highest-paid and most frequently claimed benefit for the first time in more than 10 years. Claims under

For example, a senior care facility in Tifton, Georgia, located within the 20-mile radius coverage area for Helene, had a $65,000 insurance limit. Under its

Article 0 Comments The Los Angeles Department of Water and Power is facing the risk of significant financial liability for damages in the utility’s response

Parametric insurance provides predetermined payouts when specific triggers – such as extreme weather conditions, supply chain delays, or non-damage business interruption events – are met.

Article 0 Comments UVeye, a startup that uses AI-driven technology to inspect vehicles to avoid defects and target repairs, said on Wednesday it has raised

Article 0 Comments A fire broke out on a plane operated by Air Busan Co. at a local airport in South Korea late Tuesday, with