Insurance
ProNavigator Raises $10M Growth Investment, Opens Second HQ
ProNavigator, provider of the only purpose-built SaaS knowledge management platform made for insurance, has closed $10 million of growth financing to accelerate U.S. and Canadian sales and product development and grow the team. ProNavigator founder and CEO, Joseph D’Souza, will …
Read More Bell Tolls at Lloyd’s for Queen Elizabeth II, Accession of King Charles III
This morning the Lutine Bell in the Lloyd’s Underwriting Room rang once to mark the death of Her Majesty Queen Elizabeth II and twice for the accession of His Majesty King Charles III. The ceremony was open to all Lloyd’s …
Read More Risk Strategies Acquires Missouri’s Beattie & Associates
Risk Strategies, a national specialty insurance brokerage and risk management firm, announced it has acquired Beattie & Associates, a retail agency in Missouri specializing in employee benefits for both individuals and employers. Terms of the deal were not announced. Headquartered …
Read More Indiana City to Pay $1.7 Million in Deadly Police Chase Crash
The city of Evansville, Indiana has agreed to pay $1.75 million to settle a woman’s lawsuit stemming from a 2017 police chase crash that killed her two children and her husband and left her seriously injured. The Evansville City Council …
Read More Pandemic, Labor Shortage Keep Hurricane Victims in Limbo
Nearly six years after flood damage from Hurricane Matthew displaced Thad Artis from his home in Goldsboro, North Carolina, he has still not been placed in permanent housing. Living alone in a motel for the last two years, growing increasingly …
Read More AMBest Report Shows Florida Insurers Far Out of Line on Reinsurance Dependency
Mango Questions State-Run Ratings Agency Idea Florida-domiciled property carriers are extremely reliant on the reinsurance market, making them vulnerable to coming price hikes, a just-released report from the AM Best financial rating firm said. Despite that, AM Best is willing …
Read More New Hampshire Moves to Assist Birthing Centers, Midwives With Insurance Costs
The New Hampshire Joint Legislative Fiscal Committee approved a request from the Sununu Administration to use $252,000 in federal pandemic aid to offset the cost of premium increases for birthing centers and home birth midwives. The state Department of Health …
Read More Insurance Technology Firm Xceedance Opens Global Headquarters in Massachusetts
Xceedance, a global provider of technology and data services to insurance organizations, has open a new global headquarters in central Massachusetts in the city of Worcester. The company said the new Massachusetts office on Mercantile Street in downtown Worcester reflects …
Read More People: IQUW Taps Lancashire’s Warburg as Head of Reinsurance, London; Gallagher Re Names Swiss Re’s Choniski as Head of Embedded Insurance
IQUW Taps Lancashire’s Warburg as Head of Reinsurance, London Property and specialty re/insurer IQUW has named Dan Warburg as its new head of Reinsurance, London. Based in London, he will report to Steven Tebbutt, active underwriter, IQUW Syndicate 1856 and …
Read More Greek-Managed Vessel Shipped Coal From Russia Despite EU Sanctions
A vessel managed by a company based in Greece transported coal from a port in Russia late last month, after European Union sanctions on the commodity had come into force, according to maritime data reviewed by Bloomberg. The ship, the …
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