Carrier Management to Organize Upcoming Wildfire Conference

Carrier Management is organizing a free online event focused on wildfire risk assessment and prevention tools for those in the insurance and risk management fields. The event, called Wildfire Risk Intelligence Demo Day, is set for Wednesday, March 19, starting at 1 p.m. ET. During this three-hour conference, experts in wildfires will showcase their products … Read more

Meta Secures Suspension of Promotion for Tell-All Book by Former Employee, Claiming Defamation

Meta Platforms has secured an emergency ruling to halt the promotion of a revealing book by a former employee. The book, titled "Careless People," was written by Sarah Wynn-Williams, who previously served as Meta’s director of global public policy. The ruling came from an emergency arbitrator after a hearing that Wynn-Williams did not attend. Nicholas … Read more

Four sailors connected to a significant oil spill in Singapore have pleaded guilty, according to reports from the Straits Times.

Four Dutch crew members have admitted guilt in connection with a significant oil spill in Singapore, which is being labeled the worst in the city-state in a decade. The incident occurred when their dredger, the Vox Maxima, collided with the bunker-fuel vessel Marine Honour at a shipping terminal in June 2024. The crew members—Richard Ouwehand, … Read more

Billions in Hurricane Helene Relief for Farmers Set to Begin Distribution by March 21.

Tens of billions in aid for Hurricane Helene victims is expected to start flowing soon, according to U.S. Agriculture Secretary Brooke Rollins. This announcement comes as farmers in Georgia and surrounding states face challenges in planting their crops this year due to the storm’s devastation. Congress approved a $100 billion disaster relief package on December … Read more

Personnel Updates: Shipper Appointed Head of Beazley N.A. Commercial Property; Porch Group Announces New Leadership; Allstate Appoints Carter as Chief Human Resources Officer.

Beazley, a specialty insurer, has appointed Lindsay Shipper as the new head of commercial property for North America, effective April 1. Based in Atlanta, Shipper will report to Richard Montminy, who oversees property risks for the group. Shipper brings nearly 20 years of experience in the property market. Before joining Beazley, she spent 16 years … Read more

Is the world’s polluted air a risk for insurance companies?

This week, a Swiss technology company, IQAir, released its seventh annual World Air Quality Report. The report highlights alarming findings: in over 90% of the 138 countries monitored, the air contains harmful fine particles that exceed safe levels set by the World Health Organization (WHO). This extensive data was collected from more than 40,000 air … Read more

Associate in Management: Unlocking Career Advancement with this Insurance Credential

Insurance professionals looking to advance their careers now have a valuable option: the Associate in Management (AIM) designation. This certification is designed for those aiming for supervisory or management roles within insurance companies, focusing on enhancing essential skills like decision-making and interpersonal communication. The AIM program equips candidates with knowledge about new managerial technologies and … Read more

US Property-Catastrophe Reinsurance Rates Expected to Stabilize in Midyear Renewals

Reinsurance rates have been on a downward trend this year, particularly during the January renewals. However, experts from Moody’s Ratings predict that prices for US property-catastrophe reinsurance may stabilize during the midyear renewals. This forecast comes after significant loss events in the US, including Hurricanes Helene and Milton, as well as wildfires in Los Angeles, … Read more