Insurance

Sompo Launches Comprehensive Marine Insurance for UK Regional Markets
Insurance Sompo Launches Comprehensive Marine Insurance for UK Regional Markets

Sompo is making a strategic leap with the introduction of a new national marine insurance proposition tailored for the United Kingdom. This initiative marks Sompo's significant expansion beyond its conventional London market operations, serving Marine Cargo and Transport & Logistics

September 27, 2024
Special Training Helps Brokers Support Farmers' Mental Health Needs
Insurance Special Training Helps Brokers Support Farmers' Mental Health Needs

Special Training Helps Brokers Support Farmers' Mental Health Needs The Alarming Reality in Agriculture The mental health of farmers and agricultural workers has become a pressing concern, as highlighted by recent studies. Recognizing this critical issue, H&H Insurance Brokers (HHIB) has

September 27, 2024
Ledger Investing Introduces $100M Casualty Sidecar Facility for Reinsurers
Insurance Ledger Investing Introduces $100M Casualty Sidecar Facility for Reinsurers

Ledger Investing has launched a groundbreaking initiative aimed at revolutionizing the insurance and reinsurance markets. Leveraging Insurance Linked Securities (ILS), the company seeks to bridge the gap between insurance risks and capital, offering innovative solutions for capital management. The

September 27, 2024
TIAA Faces Class Action Lawsuit Over 2023 Data Breach and PII Exposure
Insurance TIAA Faces Class Action Lawsuit Over 2023 Data Breach and PII Exposure

In a significant legal confrontation, the Teachers Insurance and Annuity Association of America (TIAA) and its subsidiary, TIAA-CREF Life Insurance Company, are currently embroiled in a class action lawsuit. Plaintiff Sara Spohnheimer has filed the case in the U.S. District Court for the Southern

September 27, 2024
How Is Canopius US Strategically Expanding in the Liability Market?
Insurance How Is Canopius US Strategically Expanding in the Liability Market?

Canopius US Insurance Inc. has announced its strategic expansion into the U.S. excess liability market, marking a significant milestone for the company. Lisa Davis, CEO of U.S. and Bermuda operations, made this announcement at the Wholesale & Specialty Insurance Association's annual

September 27, 2024
Are UK Commercial Properties Suffering from Underinsurance Risks?
Insurance Are UK Commercial Properties Suffering from Underinsurance Risks?

The issue of underinsurance among commercial properties in the UK has become increasingly concerning, particularly amid rising costs and supply chain disruptions. Recent findings from a report by insurance broker Gallagher reveal that nearly half—46%—of UK commercial properties are underinsured, a s

September 27, 2024
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