Business intelligence and telematics will be the latest trends in the property and casualty (P&C) insurance industry emerging for the second quarter, a recent analysis by insurance solutions provider Waterstreet Company has revealed. The company’s findings also highlighted the importance of innovative technologies and practices that reduce risk and improve […]
Risk
When the client thinks it can’t be done, that’s just when a Power Broker makes it happen. Let’s face it. Many people who oversee the purchase of insurance for their companies would rather not think about insurance. Perhaps they find meaning in innovation, or in business development, or in returning […]
LEHI, Utah, Feb. 1, 2023 /PRNewswire/ — PCF Insurance Services (PCF), a top 20 U.S. insurance brokerage firm, has acquired Oak Point Risk Advisors, a niche risk management and insurance agency focusing on commercial insurance for the maritime, oil and gas, and construction industries. “We are excited to welcome Oak Point Risk […]
State lawmakers are preparing to introduce a bill in the legislature that would create a quasi-governmental program offering basic home insurance to the growing number of Colorado homeowners who say they can’t get coverage from private companies because the risk of wildfire is growing. The Colorado Division of Insurance has […]
The possibility of a global recession has triggered comparisons to the 2008 financial crisis, caused in part by the downfall of banking giant Lehman Brothers. But financial institutions have gotten better at managing risk since then, says former Morgan Stanley CEO John Mack. “If you look at the securities business […]
Portuguese Finance Minister and Eurogroup chief Mario Centeno gives a speech during a press conference following a General Affairs Council meeting at the EU headquarters in Brussels on Feb 17, 2020. (PHOTO / AFP) The euro area will inevitably come out of the coronavirus crisis with much higher debt levels […]
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