Property

Ripe Acquires Holiday Home Specialist Schofields
Insurance Ripe Acquires Holiday Home Specialist Schofields

The digital insurance sector has witnessed a significant strategic maneuver as the managing general agent Ripe finalized its acquisition of Schofields Limited, a venerable specialist in holiday homes insurance. This transaction, marking Ripe's third major corporate acquisition, serves as its

Nib Insurance Thrives Amid 144.5M Birr Tax Fight
Insurance Nib Insurance Thrives Amid 144.5M Birr Tax Fight

In a striking display of financial resilience, Nib Insurance Company S.C. is navigating a high-stakes legal confrontation with Ethiopia's Ministry of Revenue, challenging tax claims amounting to over 144.5 million Birr even as it reports substantial growth in a turbulent economic landscape. The

Contractor GL Policies Have Major Coverage Gaps
Insurance Contractor GL Policies Have Major Coverage Gaps

A contractor can meticulously follow blueprints, manage a project on schedule, and maintain a perfect safety record, yet still face financial ruin from a single uninsured claim stemming from a risk they never knew existed. Within the construction industry, a pervasive and dangerous misunderstanding

No Easy Fix for Arizona's Wildfire Insurance Crisis
Insurance No Easy Fix for Arizona's Wildfire Insurance Crisis

A comprehensive ten-month investigation by Arizona's state regulators has unequivocally concluded that the escalating crisis of unobtainable and unaffordable homeowners insurance in wildfire-prone regions cannot be solved by any single legislative or market-based remedy. A new report from the

Is the Insurance Crisis Reshaping Auto Repair?
Risk Management Is the Insurance Crisis Reshaping Auto Repair?

A growing number of American drivers are facing a difficult financial calculus following a collision, where the cost of filing an insurance claim, with its high deductible and potential for future rate hikes, often outweighs the benefit of the repair coverage they pay for every month. This

Why Are Ageas and BNP Paribas Reshuffling Their Stakes?
Insurance Why Are Ageas and BNP Paribas Reshuffling Their Stakes?

A landmark transaction is reshaping a long-standing alliance in the European financial services sector, as Belgian insurer Ageas and French banking giant BNP Paribas have executed a strategic reshuffling of their intertwined ownership stakes. This meticulously crafted deal involves a dual-component

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