Author: awbfinancial4
UK’s Admiral Group to Sell Its US Insurer Elephant to J.C. Flowers
Article 0 Comments United Kingdom’s Admiral Group has agreed to sell its U.S. auto insurance business — Elephant Insurance Co. and Elephant Insurance Services— to the private investment firm J.C. Flowers & Co. for...
California Workers’ Comp Board OKs Higher Pure Premium Rate Filing
Article 0 Comments The Workers’ Compensation Insurance Rating Bureau of California’s governing committee on Wednesday voted to authorize the WCIRB to submit a September 1, 2025 Pure premium rate filing on average 11.2% percent...
Gartner Identifies Top 12 Early-Stage Technology Disruptions that Will Define the Future of Business Systems
Technologies Addressing GenAI-Enabled Code Architecture, Disinformation Security and Surface Asset Management Will Be Widely Adopted by 2030 Stamford, CT (Apr. 7, 2025) – Gartner, Inc. has identified 12 emerging technology disruptions that will define...
IBM Enhances Enterprise Cloud Capabilities in Canada to Meet Local Clients’ AI and Data Needs
IBM’s Cloud Multizone Region (MZR) in Montreal opens doors to support Canada’s regulated industries with cloud solutions which prioritize data sovereignty through resiliency, performance, security, and compliance IBM’s watsonx® AI portfolio available on IBM...
10 Best Blue-Chip Stocks to Buy Now: Morningstar
Blue-chip companies are large, well-established and financially sound, and the stocks from these brand name organizations usually boast consistent dividends and are often considered less risky, Margaret Giles, a senior editor at Morningstar, writes...
Uber Spends Six Figures on Ads in Latest NY Insurance Reform Push
Article 0 Comments Uber Technologies Inc. is spending six figures on advertisements in New York in its latest appeal to lawmakers to address issues stemming from the insolvency of the city’s largest taxi insurer....
USI Says Lockton, Former Team Leader Poached Workers, Harmed Client Relations
Article 0 Comments USI Insurance Services, one of the largest brokerages in the country, has filed suit against a former sales team leader and another powerhouse broker, Lockton, accusing them of poaching employees and...
Federal Judge Blocks Labor Department From Enforcing DEI Ban for Contractors
A federal judge on Tuesday issued a preliminary injunction that prevents the U.S. Department of Labor from requiring government contractors and grant recipients to certify they do not operate any diversity, equity and inclusion...
Insurtech 1Fort Raises $7.5M to Support AI Binding Tech for Brokers
Article 0 Comments 1Fort, the AI platform for business insurance, announced it raised $7.5 million in an oversubscribed funding round led by Bonfire Ventures. The round also included Draper Associates (Tim Draper); Karim Atiyeh,...