by lpiccitto | Jul 25, 2025 | Uncategorized
Along with analyzing risk, a risk manager’s core function is to offload as much risk as possible as cost-effectively as possible. While meeting this goal is generally thought of as assembling the right insurance portfolio at the best price, transferring …
by lpiccitto | Jul 25, 2025 | Uncategorized
Artificial Intelligence Underwriting Company (AIUC) is coming out of stealth mode with a $15 million seed round. The San Francisco-based company said July 23 that it seeks to unlock the “next wave of artificial intelligence (AI) progress by building the …
by lpiccitto | Jul 24, 2025 | Uncategorized
The California Department of Insurance completed a review of the state’s first wildfire catastrophe model, marking a dramatic change in the state’s property/casualty insurance ratemaking process. The new model for use by insurers in assessing wildfire risk in property...
by lpiccitto | Jul 24, 2025 | Uncategorized
The Kentucky Department of Insurance has posted new rules on the Strengthen Kentucky Homes wind-mitigation grant program, in keeping with statutes approved in 2024. The regulations spell out eligibility requirements for homeowners, grant procedures, reinspection...
by lpiccitto | Jul 24, 2025 | Uncategorized
Pharmacists Mutual Insurance Company announced the appointment of Matthew Mosher, former President and CEO of AM Best Rating Services, Inc., to its Board of Directors. Mosher brings decades of leadership experience and industry understanding that will be instrumental...
by lpiccitto | Jul 24, 2025 | Uncategorized
Brown & Brown (Europe) Ltd., part of Brown & Brown, Inc., has agreed to acquire Weatherbys Hamilton LLP, a leading UK-based insurance broker specializing in private client, bloodstock, and farm & estate insurance. Financial details of the transaction,...
