The Fortegra Group Inc., a specialty insurer based in Jacksonville, Florida, has made a significant leap forward in its global expansion strategy by receiving regulatory approval from the Prudential Regulation Authority to launch a new subsidiary in the United Kingdom. Scheduled to become effective
The recent E. coli outbreak linked to McDonald's Quarter Pounder hamburgers has come to a close, with the U.S. Centers for Disease Control and Prevention (CDC) announcing that the investigation is now finished. The outbreak, caused by the E. coli O157:H7 strain, led to a significant number of
Zurich Insurance Group has made a significant move in the global travel insurance sector by acquiring American International Group’s (AIG) global personal travel insurance and assistance business, including Travel Guard, for $600 million. This acquisition not only solidifies Zurich's position a
As commercial property and casualty (P/C) insurance stakeholders speculate about future rate stability, the financial repercussions of Hurricane Helene remain a pertinent topic of discussion. Despite the strain inflicted by recent natural disasters, industry experts are forecasting that rates will
In a strategic move that underscores Nationwide's commitment to growth and innovation, Brad Carrier has been appointed as the new leader of Brokerage Annuity Distribution for Nationwide Annuity. Carrier, who has been with the company since 1999, brings with him extensive experience and a
The Florida homeowners' insurance market, once beleaguered by insolvencies and escalating legal costs, is showing signs of recovery. This positive shift follows significant legislative reforms implemented two years ago, which have created a more stable environment for insurers. The entry of
