Article

NFP, a company under Aon based in New York City, has appointed Joseph D’Agostino as its new senior vice president for property and casualty. D’Agostino brings nearly 20 years of experience in the insurance industry, where he has helped many companies with initial public offerings (IPOs), acquisitions, and various risks. Before joining NFP, D’Agostino worked … Read more

U.S. Trade Representative Jamieson Greer faced a tough crowd in Congress on Tuesday as he discussed the Trump administration’s ongoing tariff strategy. During a hearing, Greer confirmed that there are no immediate plans to adjust the current tariff program, which sparked criticism from Democrats and some concerns from Republican lawmakers. Greer, who is responsible for … Read more

Cybersecurity is becoming an increasingly pressing issue, as highlighted by the latest reports from BeyondTrust and Allianz. These reports reveal a troubling rise in software vulnerabilities and a growing reliance on technology in various sectors. According to Allianz’s global survey, cyber threats have topped the list of business risks for the fourth year in a … Read more

In a recent episode of Insurance Business TV, experts from Tokio Marine HCC Cyber and Professional Lines Group, Dan Crane and Eugene Eychis, discussed the growing role of artificial intelligence (AI) in the field of cyber insurance. The roundtable conversation focused on how AI is currently being used to improve risk assessment and what strategies … Read more

Insurance professionals looking to advance their careers in the United States have a promising opportunity with the Associate in Claims (AIC) designation. This certification, developed by the National Association of Independent Insurance Adjusters, provides essential training and knowledge for managing various insurance claims. The AIC program is designed for those working in property losses and … Read more

A severe weather outbreak in the central United States has caused significant damage and disruption, with estimates of economic losses ranging from $80 billion to $90 billion. This preliminary figure comes from AccuWeather and highlights the scale of the disaster that unfolded from April 2 to April 6. During this period, a rare weather system … Read more

Minnesota lawmakers are taking steps to help low-income residents with a new auto insurance program. The proposed bill, known as HF 2215, aims to create the Minnesota Lifeline Insurance Program. This program would offer affordable auto insurance to people whose household income is no more than 300% of the federal poverty level, which is about … Read more

New Mexico’s Superintendent of Insurance, Alice Kane, has announced an important change that will help homeowners in the state. The maximum coverage for residential property insurance has been raised from $350,000 to $750,000. This decision comes through the New Mexico Fair Access to Insurance Requirements Plan, known as NM FAIR Plan. The increase is especially … Read more

This week, four insurance companies made headlines by announcing significant leadership changes. Highstreet Insurance & Financial Services, Berkshire Hathaway Specialty Insurance, NFP, and DUAL North America are all set to bring in new executives to guide their operations in property claims, flood insurance, and construction risk management. Highstreet Insurance & Financial Services has appointed Vincent … Read more

Progressive Insurance has announced an exciting new endorsement called Cargo Plus, aimed at enhancing coverage for for-hire truckers. This new option is now available in 42 states across the United States, expanding protections for those in the trucking industry. Cargo Plus builds on Progressive’s existing motor truck cargo policy, which already provides legal liability coverage … Read more