The International Finance Corporation says that investments in green buildings in developing countries could reach $24.7 trillion by 2030 . The industry is paying more attention to environmental, social, and governance principles. Construction companies are under increasing pressure to reduce
In recent years, micro-captive insurance companies have come under tightened scrutiny from the IRS, igniting a fierce debate surrounding their legitimacy and tax deferral strategies. Although the 831(b) election was historically intended to support small mutual insurers in building financial
The intricate world of international contracts and insurance policies comes front and center as Travelers Property Casualty Company of America grapples with its potential obligations to the Wellons Group, Inc. A high-stakes $26 million lawsuit initiated by Tolko Industries in Canada has thrust this
In the ever-evolving landscape of insurance, DXC Technology's new offering, Assure Illustrations, promises to transform how life insurers generate and deliver policy illustrations. Simon Glairy, an expert in insurance technology, helps shed light on how this AI-powered solution ushers in a new era
Recent years have seen a crescendo of regulatory examination surrounding micro-captive insurance companies. These entities, often leveraging the 831(b) tax election, find themselves squarely in the crosshairs of the IRS due to the agency's concerns over potential tax avoidance schemes. Originating
In a significant legal development, Erie Insurance has emerged victorious in a landmark underinsured motorist (UIM) case revolving around the contentious "regular use" exclusion in Pennsylvania. This ruling, upheld by the state's Superior Court, sends a reverberating message about insurance policy
In the evolving landscape of asset management, 1823 Partners (US) LLC has emerged as a beacon of innovation, setting the pace for transformative investment strategies tailored to insurance needs. By navigating the complexities of asset-backed finance, real estate, credit, and insurance, the firm is
The escalating challenges facing Florida's homeowners in the insurance market are a direct consequence of the state's vulnerability to extreme weather, particularly hurricanes. Places like Fort Myers Beach, represented by residents Dayna and Matt Fancher, serve as poignant examples. As the state
The insurance industry is at a pivotal moment, grappling with diverse innovations that promise to reshape its landscape. With the emergence of artificial intelligence (AI) technologies, insurers are moving toward greater automation and efficiency in their operations. The advent of the Neutrinos AI
New York City, a pulsating hub of diversity and rapid movement, has been struggling with a persistent issue faced by its taxi industry: fraudulent claims targeting drivers. With countless cabs coursing through the city's bustling streets, insurance schemes that prey on taxi drivers and companies
