AM Best Upgrades First Net Insurance Company’s Outlook to Positive
January 11, 2025
AM Best has upgraded First Net Insurance Company’s outlook to positive, citing strong operational results and robust balance sheet strength despite recent challenges.
North Dakota Insurance Reserve Fund Faces Claims Handling Challenges, Needs Urgent Reforms
December 11, 2024
A regulatory review reveals that 71.5% of third-party claims by the North Dakota Insurance Reserve Fund are closed without payment, raising concerns about fairness and transparency.
Nippon Life Insurance Explores Acquisition Talks with Resolution Life
December 10, 2024
Nippon Life Insurance Co. is in talks to acquire Resolution Life, signaling its strategy for portfolio expansion amid ongoing negotiations.
Yellen Warns of Financial System Vulnerabilities Amid Rising Cyber Threats and Real Estate Risks
December 10, 2024
Treasury Secretary Janet Yellen warns of vulnerabilities in the US financial system related to commercial real estate, digital assets, and cyber threats, urging proactive regulatory measures.
AccuWeather Forecasts Unpredictable Winter Temperatures and Snowfall Across the U.S.
December 10, 2024
AccuWeather forecasts fluctuating winter temperatures across the U.S. in December, with warm-ups in the East and above-average snowfall in several regions.
Generali and Ryan Specialty Announce Key Leadership Changes in Global Operations
December 10, 2024
Generali Global Corporate & Commercial and Ryan Specialty announce key leadership changes to drive transformation and growth in their respective divisions.