Insurance Industry News Monitoring

Abdelkrim Bouzred, new President of the National Insurance Council (CNA)

Abdelkrim Bouzred, newly appointed Minister of Finance, has become de facto President of the National Insurance Council (CNA). He succeeds Faid Laaziz. A. Bouzred officially took up office on 3 February 2025. During his professional career, A. Bouzred has …

California’s fire insurance crisis could leave homeowners stranded

As Californians assess the damage from the state's latest devastating wildfires, the financial fallout is revealing cracks in the insurance system, leaving many wondering who will foot the bill. Umair Irfan reports for Vox. In short: The 2025 Los …

Why reviewing your insurance is crucial for financial security in 2025

We are only a month into 2025 and as South Africans still hold onto new beginnings ushered in by the new year, taking stock of your financial house is likely the top goal for most households. Rudolf Britz, Chief Actuary from Momentum Insure believes …

Should Americans Pay for Insurance Risk in Disaster-Prone States?

More frequent and more destructive natural disasters are shaking the foundation of the U.S. homeowners insurance systems, with coverage becoming more costly and harder to procure for millions of Americans. In vulnerable states like California and Florida, …

Insurance companies tighten coverage as U.S. faces growing risk from natural disasters

By Will Atwater Well before Helene’s floodwaters reached western North Carolina, an overwhelmed U.S. insurance market was already dropping coverage in places that are prone to disaster — and even in towns and cities that aren’t.  But as the number and …

Police in Benue begin 3rd-party vehicle insurance policy enforcement

The Police Command in Benue has begun the enforcement of 3rd party vehicle insurance policy in the state. By Emmanuel Antswen The Police Command in Benue has begun the enforcement of 3rd party vehicle insurance policy in the state. The Police Public …

Heritage designations shouldn't affect insurance rate, industry says

Breadcrumb Trail Links News Local News Homeowners say heritage designations would raise their insurance costs, but industry representatives government rules say they shouldn't Kingston city council voted down heritage designation for a Florida Road …

Hub International continues buying spree with Mayfield Insurance purchase 

Hub International, a US-based insurance brokerage and financial services company, has acquired the assets of Mayfield Insurance, based in Mooresville, Indiana.  The financial terms of the deal remain undisclosed.   Mayfield Insurance offers commercial and …

'Unacceptable!' Marks & Spencer boss slams Labour 'piggy bank' National Insurance raid on retailers

Marks & Spencer chief executive Stuart Machin has issued a stark warning that the Labour Government's 2024 Autumn Budget policies risk shrinking the UK retail sector and hampering wage growth. Last October, Chancellor Rachel Reeves outlined various …

Understanding Insurance Premium Auditing Innovation

Insurance premium auditing is essential for businesses to ensure that they are paying insurance premiums that accurately reflect their risk level. This process is usually conducted on an annual basis right after the insurance policy expires. Records are …

Motorists urge NAICOM, Police to enforce payment of insurance claims in Nigeria  

Motorists have called on the National Insurance Commission (NAICOM) and the Nigerian Police to extend the same enforcement measures and seriousness applied to third-party motor insurance implementation to the settlement of claims by insurance companies. …

LIC is India’s most privileged insurer. So why is it losing its way?

LIC is the unparalleled leader in this massive and fast-growing industry. Formed in 1956 and backed by the government, it currently houses policies with a combined sum-assured of ₹60 trillion, has a share of more than 60% in new business premiums, 70% of …

Third-Party Vehicle Insurance: Police Vow Sustained Enforcement In FCT, Niger State

Third-Party Vehicle Insurance: Police Vow Sustained Enforcement In FCT, Niger State The Assistant Inspector-General Of Police, Zone 7 Command, AIG Benneth Igweh, Has Re-Affirmed The Commitment Of The Force In Enforcing The Third Party Vehicle Insurance In …

Israeli Soldiers Get Travel Insurance for Potential War Crimes Arrests

Israeli soldiers documented their war crimes in Gaza. (Photo: via Israel Genocide Tracker X Page) By Palestine Chronicle Staff   Israeli insurance companies are now offering legal assistance to soldiers at risk of war crimes prosecution abroad, as global …

New COSMOS Insurance campaign envisions an ‘angelic world’

How often have you wished to live in a world where unexpected events, accidents, problems and bad moments were nonexistent? In other words, an angelic world? COSMOS Insurance, a trusted insurance company operating nationwide in Cyprus for over 43 years and …

HUB INTERNATIONAL BOOSTS COMMERCIAL AND PERSONAL INSURANCE CAPABILITIES WITH ACQUISITION OF YAVITZ INSURANCE GROUP IN ST....

(MENAFN- PR Newswire) CHICAGO, Feb. 10, 2025 /PRNewswire/ -- Hub International Limited (Hub), a leading full-service global insurance brokerage and financial services firm, announced today that it has acquired the assets of Yavitz Insurance Group. …

Loews fourth-quarter profit falls on insurance unit woes

(Reuters) - Loews Corp on Monday reported a fall in fourth-quarter profit as higher catastrophe losses and a one-time pension settlement charge hurt its insurance business, CNA Financial. Extreme weather events such as hurricanes, wildfires, and other …

WATCH LIVE: Health Committee meets MoH, SHA Board to discuss delays and gaps in the national health insurance scheme

Converge expands cyber insurance capacity through partnership with Obsidian

Converge Insurance, a company specialising in cyber risk management and underwriting, has secured underwriting capacity from Obsidian Insurance Group, strengthening its ability to provide comprehensive cyber coverage for businesses with up to $1 billion in …

Special Needs Plan Alliance - Comment Letter for the CY 2026 Advance Notice

WASHINGTON, DC, UNITED STATES, February 10, 2025 /⁨EINPresswire.com⁩/ -- On February 10, the Special Needs Plan Alliance (SNP Alliance) submitted its comments on the Medicare Advantage (MA) Calendar Year 2026 Advance Notice, CMS' proposed …

Madison Insurance Group Proudly Supports the Tunnel to Towers Celebrity Golf Classic Hosted by Gary Player

Madison Insurance Group announces sponsorship and participation in the Celebrity Golf Classic Hosted by Gary Player, benefiting the Tunnel to Towers Foundation. SAN JUAN, PUERTO RICO, February 10, 2025 /⁨EINPresswire.com⁩/ -- Madison Insurance …

Commercial Restoration Company Continues Growth with New COO, William Wood

GREENWOOD VILLAGE, CO, UNITED STATES, February 10, 2025 /⁨EINPresswire.com⁩/ -- Commercial Restoration Company (CRC), a leading national provider of commercial restoration and reconstruction services, is pleased to announce the appointment of …

Prudent Insurance Brokers Partners with AccuKnox for Zero Trust Application, Cloud, and AI Security

Prudent Insurance Brokers Partners with AccuKnox for Zero Trust Application, Cloud, and AI Security MENLO PARK, CA, UNITED STATES, February 10, 2025 /⁨EINPresswire.com⁩/ -- AccuKnox, Inc., a leading provider of Zero Trust CNAPP (Cloud Native …

Infinnium Unveils BreachProfiler™: A Revolutionary AI-Powered Solution for Cyber Breach Response

Until now, there's been no single solution that handles the entire breach review process and also leverages the power of AI to increase speed and reduce cost. CHANTILLY, VA, WA, UNITED STATES, February 10, 2025 /⁨EINPresswire.com⁩/ -- …

Payroll Vault Expands In Phoenix Suburb

Engineer/Entrepreneur Couple Purchases Franchise in Peoria PEORIA , AZ, UNITED STATES, February 10, 2025 /⁨EINPresswire.com⁩/ -- Payroll Vault, the fastest growing, award-winning payroll franchise, announced today it has recently expanded with …

Consumers Facing Automobile Insurance Claims and Disputes Need Reliable Information and Advocacy

RENO, NV, UNITED STATES, February 10, 2025 /⁨EINPresswire.com⁩/ -- As automobile ownership rises, the frequency of insurance claims and disputes has become an increasing concern for drivers nationwide. Automobile insurance claims typically arise …

SmiKar Announces Powerful New Squirrel Features

Squirrel now offers Restore and Archive Buttons in SharePoint, giving users full control to easily manage, archive, and restore files without IT delays MELBOURNE, VIC, AUSTRALIA, February 10, 2025 /⁨EINPresswire.com⁩/ -- SmiKar Software, the …

Zelros et Matmut : un nouvel accord de collaboration en faveur de l’innovation en assurance avec l’IA

Le Groupe Matmut renouvelle son partenariat avec Zelros, expert en Intelligence Artificielle et IA Générative pour l'assurance et la banque. PARIS, FRANCE, February 10, 2025 /⁨EINPresswire.com⁩/ -- Le Groupe Matmut renouvelle son partenariat …

A' Safety Clothing and Personal Protective Equipment Design Award Announces Comprehensive Prize Package for 2024

Safety Industry and Protective Wear Awards Reveals Extensive Benefits Package Aimed at Advancing Innovation in Protective Equipment Design COMO, CO, ITALY, February 10, 2025 /⁨EINPresswire.com⁩/ -- The A' Safety Clothing and Personal …

Trade Credit Insurance Market to Reach $41.1 billion, Globally, by 2033 at 10.7% CAGR: Allied Market Research

Trade Credit Insurance Market to Reach $41.1 billion, Globally, by 2033 at 10.7% CAGR: Allied Market Research NEW CASTLE, DE, UNITED STATES, February 10, 2025 /⁨EINPresswire.com⁩/ -- Allied Market Research published a report, titled, "Trade …

The Future of Senior Citizen Travel Insurance: Technology Meets Personalized Care | At a 18.3% CAGR

The Future of Senior Citizen Travel Insurance: Technology Meets Personalized Care | At a 18.3% CAGR NEW CASTLE, DE, UNITED STATES, February 10, 2025 /⁨EINPresswire.com⁩/ -- Allied Market Research published a report, titled, "Senior Citizen …

At 22.2% CAGR | Business Travel Accident Insurance Market to Reach $30.20 billion by 2032 | AXA SA, Chubb Limited

Business Travel Accident Insurance Market: Global Opportunity Analysis and Industry Forecast, 2024-2033 NEW CASTLE, DE, UNITED STATES, February 10, 2025 /⁨EINPresswire.com⁩/ -- Allied Market Research published a report, titled, "Business …

India Travel Insurance Market Predicted to Hit USD 456.48 million by 2033, with a 11.3% CAGR

India Travel Insurance Market: Global Opportunity Analysis and Industry Forecast, 2024 to 2033 NEW CASTLE, DE, UNITED STATES, February 10, 2025 /⁨EINPresswire.com⁩/ -- Allied Market Research has published a new report on the India travel insurance …

15th Revised Edition of Survive and Thrive in the 21st Century©

GEORGETOWN , TX, UNITED STATES, February 9, 2025 /⁨EINPresswire.com⁩/ -- Roy Snarr announces the 15th update of the well-regarded seminar Survive and Thrive in the 21st Century, designed for senior adults. The financial seminar will debut its …

Aarav Solutions announces the General Availability of OmniTel360 - an integrated CRM-BRM Suite

Aarav Solutions has launched OmniTel360, a pre-integrated solution for Telcos that have implemented Oracle BRM and are looking for a fast flexible CRM Frontend NJ, UNITED STATES, February 8, 2025 /⁨EINPresswire.com⁩/ -- Aarav Solutions, a global …

MAT Recovery Centers Joins Forces with Wisconsin Veterans Chamber of Commerce to Expand Holistic Recovery Services

Advancing Veteran Support and Holistic Recovery Services in Wisconsin WASHINGTON, DC, UNITED STATES, February 7, 2025 /⁨EINPresswire.com⁩/ -- MAT Recovery Centers is excited to announce its membership in the Wisconsin Veterans Chamber of Commerce …

Understanding Liability in Accidents Involving Electric Scooters in Louisiana

OPELOUSAS, LA, UNITED STATES, February 7, 2025 /⁨EINPresswire.com⁩/ -- As the popularity of electric scooters continues to rise across Louisiana, particularly in urban areas, concerns surrounding accidents and liability are becoming increasingly …

Legal Steps to Take After a Hit-and-Run Pedestrian Accident in Louisiana

OPELOUSAS, LA, UNITED STATES, February 7, 2025 /⁨EINPresswire.com⁩/ -- Pedestrian accidents, particularly those involving hit-and-run drivers, are an unfortunate reality that can lead to serious injuries and long-lasting consequences. For victims …

How Louisiana Law Treats Injuries from Defective Products

OPELOUSAS, LA, UNITED STATES, February 7, 2025 /⁨EINPresswire.com⁩/ -- Defective products can cause serious injuries, ranging from minor bruises to life-altering harm. Louisiana law holds manufacturers, distributors, and retailers accountable for …