January 28, 2021
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  • INDUSTRY NEWS
    . .

    Guy Carpenter & RAA Execs on CAT Losses, Elections, & (Re)Insurance Markets

    . .

    Social Inflation, “Nuclear Verdicts” & Extreme Weather Top Insurer Issues in 2020 – NAMIC CEO.

    . .

    “Still Opportunities to Get Things Done Despite Dysfunctional US Government” – APCIA CEO

    . .

    Innovation is Happening in Insurance, but Not Disruption – Not Yet! – Aisus CEO

    . .

    NY Insurers Face Challenges and Opportunities in Tech, Financial Literacy – NYIA

  • COMMERCIAL RISK
    . .

    Strong economy, construction/transportation trends bode well for inland marine – IMUA & Allianz Execs

    . .

    Climate Change Affecting Insured Losses, but Hard to Quantify – Dr. Klotzbach, Colorado State University.

    . .

    Independent Agents See Growth Across All Lines, Despite Challenges – Big I CEO

    . .

    Technology and “Lookers” Enhance Claims Management process – Crawford COO

    . .

    Cyber cover evolves as insurtech explodes – Business Insurance editor

  • CONSUMER RISK
    . .

    FL Commissioner Optimistic about Emerging Consumer Products/Services

    . .

    New Revenues for Insurers Exist in Sharing Economy – Re-Sure CEO

    . .

    Insurers need “sense of urgency” to improve claims and risk assessment process

    . .

    “Amazoned” consumers present challenges & opportunities to personal lines insurers.

    . .

    “Upstart Insurtechs” raising the bar in homeowners market – LexisNexis exec.

  • REINSURANCE/ILS
    . .

    Guy Carpenter & RAA Execs on CAT Losses, Elections, & (Re)Insurance Markets

    . .

    Robust Reinsurance Market Not Without its Challenges – RAA CEO.

    . .

    Customer Experience…a Modern Differentiator for Insurers – BMS Re CEO

    . .

    US Reinsurance Market “Healthy” While Facing New Threats & Opportunities

    . .

    Reinsurance upgraded to “Stable” as A.M. Best cites possible “inflection point”

  • CAREERS/PROFESSIONAL DEVELOPMENT
    . .

    P&C Industry Gives $1B+/year to Charity…IICF on Women in Insurance & Millennial Summit

    . .

    St. Baldrick’s Carries on Tradition of Giving – NAMIC CEO

    . .

    Looking ahead…Automation, Robotics and AI could help fill “Talent Gap”

    . .

    Grow by Solving Society’s Problems…A.M. Best exec.

    . .

    Spencer Foundation fights “war for talent” with scholarships, grants and internships.

3 New Articles
  • Oct 12, 2020 Guy Carpenter & RAA Execs on CAT Losses, Elections, & (Re)Insurance Markets
  • Feb 6, 2020 Strong economy, construction/transportation trends bode well for inland marine – IMUA & Allianz Execs
  • Jan 29, 2020 Social Inflation, “Nuclear Verdicts” & Extreme Weather Top Insurer Issues in 2020 – NAMIC CEO.
Home WRIN.tv Newswire (page 30)

WRIN.tv Newswire

Independence Holding Company Announces 33% Increase in Cash Dividend

By Nasdaq
Nov 29, 2016
in :  WRIN.tv Newswire

STAMFORD, Conn., Nov. 29, 2016 (GLOBE NEWSWIRE) — Independence Holding Company (NYSE:IHC) today announced a 33% increase in its annual dividend to stockholders to $.12 per share.  Accordingly, IHC declared a semi-annual cash dividend of $0.06 per share of common stock, payable to stockholders of record on January 2, 2017, with a payment date of January 17, 2017.  About The …

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Federated National Holding Company Authorizes $10 Million Share Repurchase Program

By Nasdaq
Nov 29, 2016
in :  WRIN.tv Newswire

SUNRISE, Fla., Nov. 29, 2016 (GLOBE NEWSWIRE) — Federated National Holding Company (the “Company”) (NASDAQ:FNHC), an insurance holding company, announced today that its Board of Directors authorized an additional share repurchase program under which the Company may repurchase up to an additional $10 million of its outstanding shares of common stock through March 1, 2017.  The Company may repurchase shares …

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ExamWorks Clinical Solutions and Chronovo Announce iMSA; Structured Settlement Solution Improves Settlements for All Stakeholders

By Nasdaq
Nov 28, 2016
in :  WRIN.tv Newswire

LAWRENCEVILLE, Ga., Nov. 28, 2016 (GLOBE NEWSWIRE) — ExamWorks Clinical Solutions (ECS) announced today an exclusive agreement with structured settlement broker, Chronovo, to deliver an innovative solution to the Medicare Set-Aside (MSA) space for workers’ compensation and liability settlements, called the iMSA. The iMSA enables all stakeholders in the settlement process to save resources and gain greater security. James K. …

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James River Group Holdings Announces Closing of Secondary Offering

By Nasdaq
Nov 28, 2016
in :  WRIN.tv Newswire

PEMBROKE, Bermuda, Nov. 28, 2016 (GLOBE NEWSWIRE) — James River Group Holdings, Ltd. (NASDAQ:JRVR) (“James River” or the “Company”) announced today the closing of the previously announced underwritten secondary public offering of the Company’s common shares by certain of the Company’s significant shareholders (the “Selling Shareholders”).  The Selling Shareholders sold 3,000,000 common shares for total net proceeds of $114 million.  …

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Directors & Officers’ Liability Increasing as Shareholder and Regulator Activism Rises Globally- New Allianz Report

By WRIN.tv News Desk
Nov 28, 2016
in :  WRIN.tv Newswire

New York, November 28, 2016: New risks such as cyber incidents and data privacy, rising regulator and shareholder activism and the influence of third party litigation funders are putting corporate leaders under more pressure of falling foul of investigations, fines or prosecution over alleged wrongdoing, according to a new risk report by Allianz Global Corporate & Specialty (AGCS), a leading …

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Usage-Based Insurance Market to Reach $123 Billion by 2022 – Globally-Allied Market Research

By WRIN.tv News Desk
Nov 23, 2016
in :  WRIN.tv Newswire

PORTLAND, Oregon and PUNE, India, November 23, 2016 /PRNewswire/ –According to a new report published by Allied Market Research, titled, “Usage-Based Insurance Market by Product Type (Pay-As-You-Drive Insurance (PAYD), Pay-How-You-Drive Insurance (PHYD), and Manage-How-You-Drive Insurance (MHYD) and Technology (OBD-II-Based UBI Programs, Smartphone-Based UBI Programs, Hybrid-Based UBI Programs, and Black-Box-Based UBI Programs): Global Opportunity Analysis and Industry Forecast, 2014–2022,” the global …

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PIA Calls for Repeal of Federal Insurance Office

By WRIN.tv News Desk
Nov 23, 2016
in :  WRIN.tv Newswire

WASHINGTON, Nov. 22, 2016 /PRNewswire-USNewswire/ — The National Association of Professional Insurance Agents (PIA) is calling for the repeal of the Federal Insurance Office (FIO). The election of Donald Trump as president and a Republican majority in both houses of Congress will bring about a unique opportunity to reexamine the regulatory framework for insurance, notes the agents association. PIA calls …

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InsurTech’s Challenge To The Insurance Industry Could Open Long-Term Opportunities – S&P Global

By WRIN.tv News Desk
Nov 22, 2016
in :  WRIN.tv Newswire

We have observed emerging InsurTech trends in a broad variety of product offerings, which could complement or change the insurance business model. In our view, InsurTech has not developed as far as the banking sector equivalent, FinTech, which is already taking some bank market share. As insurance is highly regulated and capital-intensive, with high barriers to entry, we regard InsurTech …

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Do quakes in the Pacific foretell the “Big One” for California or Canada?

By WRIN.tv News Desk
Nov 21, 2016
in :  Claims Management, FEATURED, Homeowner/Renter/Auto, P&C, Recent Stories, WRIN.tv Newswire

With recent earthquake activity in the Pacific and new reports on major risks of loss in North America, insurers are taking note of an exposure that could have devastating consequences. According to Dr. Robert Muir-Wood, RMS Chief Research Officer, the November 22 earthquake off the coast of Sendai, Japan is probably another aftershock triggered by the Tohoku quake in March …

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CNinsure Reports Third Quarter 2016 Unaudited Financial Results

By Nasdaq
Nov 21, 2016
in :  WRIN.tv Newswire

Quarterly Net Revenues Beat Guidance, Up 66.3% GUANGZHOU, China, Nov. 21, 2016 (GLOBE NEWSWIRE) — CNinsure Inc., (Nasdaq:CISG), (the “Company” or “CNinsure”), a leading independent online-to-offline (“O2O”) financial services provider in China, today announced its unaudited financial results for the third quarter ended September 30, 20161. (In thousands, except per ADS) 2015 Q3 (RMB) 2016 Q3 (RMB) 2016 Q3 (US$) Change % …

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James River Group Holdings Announces Secondary Offering

By Nasdaq
Nov 21, 2016
in :  WRIN.tv Newswire

PEMBROKE, Bermuda, Nov. 21, 2016 (GLOBE NEWSWIRE) — James River Group Holdings, Ltd. (NASDAQ:JRVR) (“James River” or the “Company”) announced today that certain of the Company’s significant shareholders intend to offer in an underwritten public offering an aggregate of 3,000,000 of the Company’s common shares (the “Selling Shareholders”).  The Selling Shareholders will receive all of the net proceeds from this …

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United Fire Group, Inc. Declares a Common Stock Quarterly Cash Dividend of $0.25 per Share and Announces Changes to the Board of Directors

By Nasdaq
Nov 18, 2016
in :  WRIN.tv Newswire

CEDAR RAPIDS, Iowa, Nov. 18, 2016 (GLOBE NEWSWIRE) — Today, the Board of Directors (the “Board”) of United Fire Group, Inc. (Nasdaq:UFCS) (“UFG” or the “Company”) declared a common stock quarterly cash dividend of $0.25 per share. This dividend will be payable December 15, 2016, to shareholders of record as of December 1, 2016. Also today, Casey D. Mahon, a …

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Americans Cite Affordability and Doctor Visits as Most Important Aspects of U.S. Healthcare System

By WRIN.tv News Desk
Nov 18, 2016
in :  WRIN.tv Newswire

Amidst changes in leadership, Americans continue to battle rising healthcare costs and chronic illnesses LOS ANGELES, Nov. 18, 2016 /PRNewswire/ — The fourth annual healthcare survey released today by the national non-profit Transamerica Center for Health Studies (TCHS) shows that Americans continue to feel the most important aspect of the U.S. healthcare system is affordability, followed by ample meeting time …

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Nearly Half of Employers View Employer Mandate as Top Health Care Concern Going into 2017

By WRIN.tv News Desk
Nov 18, 2016
in :  WRIN.tv Newswire

New Aon data reveals health care issues that are top of mind for employers in the wake of the election LINCOLNSHIRE, Ill., Nov. 18, 2016 /PRNewswire/ — With the results of the 2016 election now in the record books, Congress and the president are set to engage, for the second time in less than a decade, in a debate over …

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SCOR: Declaration made pursuant to Article L. 233-8-II of the French Commercial Code and Article 223-16 of the General Regulation of the Autorité des Marchés Financiers

By Nasdaq
Nov 18, 2016
in :  WRIN.tv Newswire

Information 18 November 2016                                          Declaration made pursuant to Article L. 233-8-II of the French Commercial Code and Article 223-16 of the General Regulation of the Autorité des Marchés Financiers Information relating to the total number of shares and voting rights comprising the share capital as of October 31, 2016 Date Total number of shares[1] comprising the share capital Number of …

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New JLT Investment Management Cost & Volatility Analysis Model is Unprecedented in the Industry

By Nasdaq
Nov 17, 2016
in :  WRIN.tv Newswire

JLT continues to enhance its modelling capabilities. NEW YORK, Nov. 17, 2016 (GLOBE NEWSWIRE) — JLT Specialty USA, a U.S. subsidiary of Jardine Lloyd Thompson Group plc. (JLT), one of the world’s leading specialty-focused providers of insurance, reinsurance and employee benefits related advice, brokerage and associated services, today launches its proprietary Investment Management Cost & Volatility Analysis (CVA) Model developed …

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WellCare to Acquire Universal American Corp.

By WRIN.tv News Desk
Nov 17, 2016
in :  WRIN.tv Newswire

Strengthens Medicare Advantage Business in Key Markets Positions Company for Growth with Addition of High-Quality Medicare Advantage Plans Transaction Expected to be Accretive to Earnings TAMPA, Fla. and WHITE PLAINS, N.Y., Nov. 17, 2016 /PRNewswire/ — WellCare Health Plans, Inc. (NYSE: WCG) and Universal American Corp. (NYSE: UAM) announced today that they have entered into a definitive agreement under which WellCare …

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New Workers Comp Study Identifies Differentiators of Higher Performing Claims Organizations

By WRIN.tv News Desk
Nov 16, 2016
in :  WRIN.tv Newswire

CHICAGO, Nov. 16, 2016 /PRNewswire/ — For the first time in its four year history, the annual Workers’ Compensation Benchmarking Study identifies which claims best practices are generating better outcomes. Findings from the just published 2016 study reflect results from a nationwide survey of 492 claims leaders who report on methods that drive success in their organizations. To date, nearly …

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Alm. Brand Bank – Interim report Q3 2016

By Nasdaq
Nov 16, 2016
in :  WRIN.tv Newswire

Highlights   The bank generated a pre-tax profit of DKK 15 million in Q3 2016, against a loss of DKK 79 million in Q3 2015. The performance was better than expected and satisfactory.   The forward-looking activities generated a pre-tax profit of DKK 24 million, which was better than expected. The performance was a year-on-year improvement of DKK 21 million, …

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Alm. Brand – Interim report Q1-Q3 2016

By Nasdaq
Nov 16, 2016
in :  WRIN.tv Newswire

Alm. Brand generated a highly satisfactory pre-tax profit of DKK 817 million in 9M 2016. The full-year guidance is lifted by DKK 200 million to a profit of DKK 900-1,000 million.   “In the third quarter of 2016, we once again outperformed expectations, and for the nine months ended 30 September, we generated an exceptionally strong overall profit,” said CEO …

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