Albert G. Ruben of Aon Joins Relation Insurance

Relation Insurance Services has announced it has acquired Albert G. Ruben, a well-known insurance brokerage specializing in the entertainment industry. Albert G. Ruben has been serving clients for 65 years and was previously part of Aon. The terms of the deal have not been made public. The Albert G. Ruben name will stay the same, … Read more

Taming Claims Chaos Following Natural Disasters

After natural disasters like wildfires, hailstorms, or floods, some homeowners are tempted to exaggerate or even make up insurance claims. While it might seem harmless to some, this type of fraud costs the insurance industry billions every year—money that ultimately affects all policyholders. According to the National Insurance Crimes Bureau, about 10 percent of claims … Read more

Discover effective growth strategies for wholesale insurance.

Technology and artificial intelligence are changing the wholesale insurance industry, offering new paths for growth and improvement. Experts from the field recently shared their insights on how these tools are reshaping the way wholesale insurance works and creating fresh opportunities for companies. In a recent video discussion, industry professionals outlined practical strategies for businesses to … Read more

Economic downturn will not hinder E&S growth, says Pivix CEO.

The excess and surplus (E&S) insurance market has enjoyed seven years of strong growth, and industry leaders expect this momentum to continue. Mike Miller, president and CEO of Pivix Specialty Insurance Services, shared his insight on what’s driving this expansion and what challenges lie ahead. Miller, who previously led Scottsdale Insurance, sees the growth as … Read more

Millions of high-net-worth clients exposed in Gucci data breach

Customers of luxury brands like Balenciaga, Gucci, and Alexander McQueen have recently had their personal information stolen by cybercriminals. The parent company of these brands, Kering, revealed that hackers accessed customer details including names, email addresses, phone numbers, mailing addresses, and purchase amounts from stores around the world. Importantly, no financial data such as credit … Read more

Data Request: South Carolina DOI Establishes August Deadline for Liability Insurance Information

The South Carolina Department of Insurance is once again asking insurance companies to provide detailed information on commercial liability and liquor liability coverage in the state. Carriers must submit their data by August 31, using an Excel template provided by the department. The information should cover calendar years from 2015 through 2024 and include details … Read more

Cyberattack on Brazilian Tech Provider Targets Reserve Accounts of Select Financial Institutions

Brazil’s central bank revealed that C&M Software, a technology provider supporting small financial institutions, was hit by a cyberattack earlier this week. The attack targeted systems on Monday, prompting the central bank to order C&M to cut off access to the infrastructure it manages for these institutions. C&M Software’s commercial director, Kamal Zogheib, confirmed that … Read more

Florida Hires Contractors Lacking Detention Experience for ‘Alligator Alcatraz’ Project

In late June, Florida officials took swift action to create a new detention camp for immigrants as part of former President Trump’s deportation push. Governor Ron DeSantis directed emergency relief contractors to set up a facility in the Everglades, near Miami, on an old airstrip. The site, quickly nicknamed “Alligator Alcatraz,” opened with space for … Read more

Subcontractor Agreement: Crafting Your Contract for Comprehensive Protection

Contractors often face tough situations when disputes arise long after a project wraps up. Arguments flare, claims about injuries or property damage pop up, and suddenly, the general contractor finds themselves responsible for work they actually hired someone else to do. This usually happens because the subcontractor agreement wasn’t clear or wasn’t even in writing. … Read more