Crescent Specialty, an independent, employee-owned MGA and Wholesale Brokerage firm headquartered in Houston, Texas, has recently achieved Coverholder status with Lloyd's of London. This significant milestone marks a pivotal moment in the company's journey, reflecting their commitment to long-term
As European insurers brace for a challenging year ahead, they must navigate a complex landscape marked by falling yields, moderating premium rates, and rising geopolitical risks. Despite these hurdles, the sector's core financial health remains robust, positioning it well to maintain stability and
New Jersey is taking a bold step in the fight against climate change with a legislative proposal aimed at holding oil and gas producers accountable for their contributions to greenhouse gas emissions. The proposed Climate Superfund bill, introduced by Sen. John McKeon, seeks to impose fees on
Amazon.com is facing a critical juncture as the holiday season approaches, with the potential of strikes looming large due to increasing pressure from the Teamsters union for bargaining discussions. In recent developments, workers from various locations, including New York City, Southern
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
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
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
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
