P&C Insurance: Mind The Gap(s)
By Stephen Applebaum and Alan Demers — The expression “Mind the gap” dates to the 1960s when it was first announced on the London Underground. The purpose was to warn passengers of the potentially...
Author: awbfinancial4
AM Best: US P/C Industry Improves Despite 2024 Underwriting Loss
Article 0 Comments The U.S. property/casualty industry took another underwriting loss in 2024, but results improved thanks to rate increases and changes in risk selection. A report from industry rating agency AM Best this...
Canada’s leading network of independent insurance brokers always puts Canadian clients first
Toronto, ON (Feb. 18, 2025) – As Canada and the United States navigate increasing trade tensions, Canadian Broker Network (CBN) today reaffirms our unwavering commitment to Canadian insurance clients. As the country’s leading network of...
New UK-Based Climate Group Emerges as Banks Retreat
Article 0 Comments It was a dank, drizzly February evening when about 120 people gathered in the brightly lit art gallery of London’s Guildhall, surrounded by gold-framed paintings ranging from Pre-Raphaelites to realists. At...
Mastercard’s £200 Million Settlement in Class Action Suit Gets Court Scrutiny
Article 0 Comments Mastercard Inc. unfairly reduced a £10 billion ($12.6 billion) class action case to a settlement of just £200 million, according to the firm that funded the lawsuit. The credit-card company “skillfully...
Cost of historic Calgary hailstorm continues to rise: IBC
Insurers making good progress supporting customers with claims and helping residents recover Toronto, ON (Feb. 14, 2025) – The tally for Calgary’s record-breaking hailstorm last August continues to rise, with total insured losses now...
Knowledge on Mute: How WFH Makes Your Company Forget What It Knows
By Joseph D’Souza, Founder & CEO, ProNavigator — 2020 was a remarkable and noteworthy year in history, especially for businesses and their employees. Many businesses found out that they can remain at near peak...
Trump’s Hiring Freeze Throws Wildfire Fighters Into Disarray
Article 0 Comments Federal firefighters have found their jobs on the chopping block as a result of US President Donald Trump’s executive orders, with a hiring freeze simultaneously blocking reinforcements in the aftermath of...
11 Steps for Referring to a Fellow Professional
As a financial professional, you can’t do everything. You might think you can, but licensing might be your first hurdle. If you are licensed to sell insurance, you are not licensed as a CPA...
Aviva’s India Arm Hit With $7.5 Million Fine for Fake Invoice Scheme, Order Shows
Article 0 Comments Indian authorities have ordered British insurer Aviva’s local unit to pay $7.5 million in back taxes and penalties after an investigation found it created fake invoices to pay illegal commissions and...