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US Soldier Linked to AT&T Hack Accused of Contacting Spy Agency
Posted inInsurance

US Soldier Linked to AT&T Hack Accused of Contacting Spy Agency

A 21-year-old US soldier accused of trying to sell AT&T call records of Donald Trump’s family members also attempted to pawn off sensitive data to a foreign intelligence organization, according…
Posted by fastnewsbreak February 27, 2025
Why People Rebuild in Appalachia’s Flood-Ravaged Areas Despite Risks
Posted inInsurance

Why People Rebuild in Appalachia’s Flood-Ravaged Areas Despite Risks

On Valentine’s Day 2025, heavy rains started to fall in parts of rural Appalachia. Over the course of a few days, residents in eastern Kentucky watched as river levels rose…
Posted by fastnewsbreak February 27, 2025
Woman Pleads Guilty to Federal Charge in Plot to Sell Elvis’ Graceland Home
Posted inInsurance

Woman Pleads Guilty to Federal Charge in Plot to Sell Elvis’ Graceland Home

MEMPHIS, Tenn. (AP) — A Missouri woman pleaded guilty Tuesday to a federal charge accusing her of concocting a brazen plot to defraud Elvis Presley’s family by trying to auction…
Posted by fastnewsbreak February 27, 2025
Insurtech Root Finishes 2024 With First Yearly Profit
Posted inInsurance

Insurtech Root Finishes 2024 With First Yearly Profit

Root Inc. followed up its first ever quarterly net profit in the third quarter with another in the last quarter of 2024, and finished with the first profitable year in…
Posted by fastnewsbreak February 27, 2025
Beazley Taps Generali’s Foucher as Head of Commercial Property, Europe; BMS Re Appoints Hughes and Bartell From Howden Re for Non-Marine Reinsurance
Posted inInsurance

Beazley Taps Generali’s Foucher as Head of Commercial Property, Europe; BMS Re Appoints Hughes and Bartell From Howden Re for Non-Marine Reinsurance

This edition of International People Moves details appointments at Beazley and BMS Re. A summary of these new hires follows here. Beazley Taps Generali’s Foucher as Head of Commercial Property,…
Posted by fastnewsbreak February 27, 2025
Swiss Re Corporate Solutions Unveils New Structure, Promotes McGrath as CUO
Posted inInsurance

Swiss Re Corporate Solutions Unveils New Structure, Promotes McGrath as CUO

Swiss Re’s commercial insurance arm, Swiss Re Corporate Solutions, has unveiled a new organizational structure, aiming to serve corporates and brokers more closely at the country level with the introduction…
Posted by fastnewsbreak February 27, 2025
AXA CEO Says Prevention Needed to Keep Home Insurance Affordable
Posted inInsurance

AXA CEO Says Prevention Needed to Keep Home Insurance Affordable

A leading insurance executive said the best way to keep price increases in check for property insurance in regions exposed to climate change is to mitigate the impact of natural…
Posted by fastnewsbreak February 27, 2025
AXA Earnings Beat Estimates as it Avoids Worst of Los Angeles Fire Claims
Posted inInsurance

AXA Earnings Beat Estimates as it Avoids Worst of Los Angeles Fire Claims

French insurer AXA reported better-than-expected full-year earnings on Thursday, boosted by increased premiums from individual insurance policies and fewer claims for natural catastrophes. Full-year net income jumped by 10% from…
Posted by fastnewsbreak February 27, 2025
Swiss Re Expects Hit of Less Than $700 Million From Los Angeles Wildfires
Posted inInsurance

Swiss Re Expects Hit of Less Than $700 Million From Los Angeles Wildfires

Reinsurance company Swiss Re said on Thursday that claims from wildfires in Los Angeles would be less than $700 million and would impact its first quarter results, the latest European…
Posted by fastnewsbreak February 27, 2025
Attracting and Retaining Gen Z to Quell the Insurance Talent Crunch
Posted inInsurance

Attracting and Retaining Gen Z to Quell the Insurance Talent Crunch

The last three years have exposed a growing challenge for insurance carriers: attracting, hiring and retaining young talent. Despite the passing of the so-called “Great Resignation,” the insurance industry continues…
Posted by fastnewsbreak February 27, 2025

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