Author: completebodyneeds

Ryan Specialty Underwriting Managers Appoints Anthony President of US Assure Ryan Specialty Underwriting Managers (RSUM), the underwriting management division of Ryan Specialty, appointed Amber Anthony as president of US Assure. Anthony will continue to oversee marketing, sales and distribution in her ongoing capacity as president and chief marketing officer. With her promotion, Alan Ferguson, CEO of US Assure, separates president from his title. Anthony joined US Assure in 2013 and helped shape the organization’s marketplace presence and growth agenda. During her tenure, Anthony has led efforts to establish and elevate the US Assure brand, introduced data-driven tools for customer management…

On a March afternoon, artificial intelligence detected something resembling smoke on a camera feed from Arizona’s Coconino National Forest. Human analysts verified it wasn’t a cloud or dust, then alerted the state’s forest service and largest electric utility. One of dozens of AI cameras installed for the utility Arizona Public Service had spotted early signs of what came to be known as the Diamond Fire. Firefighters raced to the scene and contained the blaze before it grew past 7 acres. Related: California Taking Action Against State Farm Over LA Wildfire Claims As record-breaking heat and an abysmal snowpack raise concerns…

The Kentucky Department of Insurance recently posted the local government premium tax schedule for 2026-2027, showing tax rates and fees for more than 400 cities, towns and counties. The tax rate varies considerably from one local jurisdiction to another, the DOI’s schedule shows. For the state capital of Frankfort, for example, fire and allied perils lines are taxed at 9%. But Lexington-Fayette County sets the rate at 5%. The bulletin can be seen here, and the schedule is here. The department also posted a local government premium tax risk location chart, available here. “Taxes are imposed on insurance risks located…

Federal prosecutors on Wednesday announced that 30 people, including corporate lawyers and financial professionals, have been indicted in connection with an insider trading scheme that relied on information about mergers stolen from major law firms. Nineteen people were arrested, including Nicolo Nourafchan, a corporate attorney who had worked at several large law firms and who was at the center of a vast, decade-long scheme that netted him and his co-defendants tens of millions of dollars in illicit profits, federal prosecutors in Boston said. The Yale Law School-educated attorney worked from 2013 to 2023 at Sidley Austin, Latham & Watkins and…

John Popovics thought he’d done everything right. Earlier this year the University of Illinois at Urbana-Champaign civil engineering professor was planning a trip to Riyadh, Saudi Arabia, to take part in a National Science Foundation workshop. Because the costs were adding up quickly, he chose cheaper, nonrefundable options for his flights and hotels — as well as the Travel Guard insurance that United Airlines Inc. offered. “I walked in thinking, ‘Travel insurance is good, and it will protect me,’” he says. Popovics scanned his policy, noting the many scenarios it covered, from lost luggage to a terrorist attack. Then the…

Insurance giant American International Group said on Tuesday it had agreed to sell its remaining stake in life insurance and retirement firm Corebridge Financial, marking the culmination of a five-year separation. Here are some details: AIG has agreed to sell …

Brotherhood Mutual Announces Leadership Promotions & Transition Brotherhood Mutual Insurance Company, headquartered in Fort Wayne, Indiana, made several changes to its executive team. Scott Figgins Scott Figgins assumes a new role as senior vice president – integration officer. He previously served as senior vice president – insurance operations since 2018. Figgins began his career with Brotherhood Mutual in 1989 as a claims adjuster. Through his career, he has served in many roles, including claims supervisor, vice president – claims, and vice president – underwriting. Dustin Grogg Dustin Grogg was promoted to senior vice president – insurance operations. Grogg previously served…

Price North Carolina’s insurance commissioner has named a financial analysis veteran to the role of senior deputy commissioner, overseeing the Company Services Group at the Department of Insurance. Jessica Price has led financial analysis at NCDOI for 15 years, and before that, was a tax auditor at the state Department of Revenue. The Company Services Group includes the DOI’s Financial Analysis Division, the Financial Examinations Division, and Financial Oversight and Special Entities divisions, Commissioner Mike Causey said in a bulletin. Price, with a bachelor’s degree in accounting and finance from Lenoir-Rhyne University, is a certified public accountant and a certified…

One quarter after Tampa-headquartered The Baldwin Group purchased CAC Group brokerage and reported a $26 million net loss, the brokerage posted just a $1.9 million loss for Q1 2026. On a per-share basis, Baldwin saw net income of 2 cents. Earnings, adjusted for one-time gains and costs, came to 63 cents per share. Those results fell short of Wall Street expectations for the publicly traded firm. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 64 cents per share, the Associated Press reported. The company posted revenue of $532 million in the period, up…

Allianz Commercial announced an agreement which transitions its standalone commercial cyber insurance business to Coalition, the managing general agent and specialist cyber insurer. The agreement establishes Coalition as Allianz’s exclusive global partner for cyber insurance across all commercial segments, combining the strengths of both companies for business customers around the world. Upon completion, Coalition will take primary responsibility for pricing, product development, risk mitigation, and claims management for Allianz’s standalone commercial cyber portfolio, supported by Allianz resources for multinational and large corporate underwriting, service delivery, and claims. Allianz will also provide long-term insurance capacity to Coalition and access to its…