The Global Federation of Insurance Associations (GFIA) recently held its general assembly in Cape Town, South Africa, where it appointed Stephen Frank as its new president. Frank, who has over 20 years of experience in the financial services sector and has been the CEO of the Canadian Life and
The Medicare annual enrollment period (AEP) is a critical time for insurance organizations, as millions of beneficiaries seek the best Medicare Advantage plans to suit their needs. With the number of enrollees increasing each year, the pressure on insurance companies to manage this influx
Farmers Insurance has announced a significant expansion of its coverage options in California, marking a positive shift in the state's insurance market. This decision comes in light of substantial regulatory challenges and wildfire losses that previously led to market instability and increased
In a significant shift for California's insurance market, Farmers Insurance has announced it will resume offering multiple types of policies after a period of limiting new contracts and halting several insurance lines. This change comes as Farmers aims to ease the ongoing insurance crisis in
The gambling industry is a significant part of the entertainment sector in the United Kingdom, but its growth has also led to escalating concerns over compulsive gambling behaviors. With the introduction of GamStop in 2018 by the UK Gambling Commission, a new regulatory effort was put into place to
Liberty Mutual Insurance has announced significant leadership changes within its Global Risk Solutions (GRS) North America division. These changes are aimed at sustaining operational excellence and enhancing client engagement across various market segments. The new appointments reflect the
The Federal Trade Commission (FTC) has recently taken significant actions against data brokers Mobilewalla and Gravy Analytics for unlawfully tracking and selling consumer data without their consent. These actions underscore the FTC's commitment to protecting consumer privacy and preventing
The insurance industry is consistently evolving and, with changing landscapes, the need for adaptive leadership has never been more critical. Recent key appointments in major firms like Ryan Specialty Underwriting Managers International (RSUM International) and Howden Re reflect a strategic
As the commercial real estate sector continues to expand, the importance of assessing earthquake risks becomes paramount for ensuring both financial stability and occupant safety. Concerns over seismic events have driven lenders, investors, and insurers to seek comprehensive risk assessments,
The insurance industry, traditionally reliant on historical data, standardized metrics, and manual processes, is undergoing a significant transformation with the advent of Artificial Intelligence (AI). By leveraging AI-driven analytics, insurers can now offer faster, more accurate, and highly
