Wells Fargo Sued Over Customer’s Missing Jewelry
What You Need to Know A Los Angeles resident accuses the bank and other defendants of stealing at least $32,000 in valuables. The pieces have yet to be returned, the filing notes. Tiffany and...
Monthly Archive: October 2023
People Moves: Markel Hires Senior Leaders for Casualty, Professional, Financial Risk Teams in Australia; BHSI Promotes Regan to Head of Casualty, Ireland
Article 0 Comments This edition of International People Moves details appointments at Markel in Australia and Berkshire Hathaway Specialty Insurance (BHSI). A summary of these new hires follows here. Markel Hires Senior Leaders in...
Promutuel Insurance Deploys Guidewire Cloud to Transform Claims, Underwriting, and Policy Administration Operations
Promutuel Insurance successfully deployed Guidewire ClaimCenter and Guidewire PolicyCenter on Guidewire Cloud to power its claims, underwriting and policy administration businesses, simplify its IT operations, adapt to changing market demands, and deliver more value...
New York Life Launches Hybrid Digital-Advisor Tool for Small Accounts
Mutual life insurer New York Life has launched Eagle Strategies Prosper Portfolios, a hybrid digital investment tool designed to reduce barriers to finding professional guidance and to enhance advisors’ ability to meet middle-market clients’...
5 Brokers Report Strong Revenues During Q3 as Favorable Market Climate Continues
Article 0 Comments Five publicly traded insurance brokers reported strong third quarter revenues, with their executives using adjectives such as “outstanding,” “terrific,” “excellent,” and “strong” to describe their companies’ financial performances. In a wrap-up...
How a Creative Planning Advisor Helps the Wealthiest Clients
Brenna Saunders is a partner and wealth manager on Creative Planning’s ultra-affluent team, and the job sees her working with some of the highest net worth families at the fast-growing firm. As Saunders tells...
Ivanka Trump Ordered to Testify in Father’s NY Civil Trial
A New York judge ordered Donald Trump’s daughter Ivanka Trump to testify at the ongoing trial of the state’s $250 million civil fraud lawsuit against the former president and his sprawling real estate company....
Severe summer storms in Ontario cause over $340 million in insured damage
Toronto, ON (Oct. 16, 2023) – Severe storms and flash floods that hit parts of Ontario over the summer caused over $340 million in insured losses, according to initial estimates from Catastrophe Indices and...
Dimon Plans to Sell $137M of JPMorgan Shares
That plan was announced earlier this week. The 67-year-old Dimon, atop the largest US bank since the end of 2005, has quipped for years that he plans to remain JPMorgan’s CEO for five more years. “Given...
Howden launches world-first insurance innovation hub
Howden launches world-first insurance innovation hub with £500m of delegated underwriting capacity London, UK (Oct. 15, 2023) – Howden, the international insurance broker, is pleased to announce it has launched Howden Ventures, subject to...