Amboss Underwriting Assumes Oilfield Insurance Agencies’ Downstream Portfolio

Zurich-based Lloyd's coverholder Emboss Underwriting has taken over the Zurich branch's portfolio of oilfield insurance agencies. Effective April 17, 2024, this announcement marks the beginning of Ambos's operations in Zurich and Amsterdam. Ambos has received approval from the insurer Lloyd's of London & Lloyd's of London, Brussels, allowing the company to write business as an […]

2 mins read

Con Watch: You May Have Unclaimed Property, but Beware of Scammers

weekly newspaper the best of saturday evening post In your inbox! Steve Weisman is a lawyer, college professor, author and one of the nation's leading experts in cybersecurity, identity theft and scams. View Steve's othercon watch Article. Various state and federal agencies have $24 billion in unclaimed funds that have been returned by banks, utilities, […]

3 mins read

Insurance CIO sees high institutional demand for Indian bonds | Asset Owners

The chief investment officer of an Indian insurance company said institutional investors, local and international, are eagerly buying India's bonds as the market prepares to include India in the global basket of bond indices. “The upcoming inclusion in JP Morgan EMBIGD (JP Morgan EMBI Global Diversified Index) in June 2024 appears to be the key […]

5 mins read

Trade Credit Insurance can support Banks & Financial Institutions

international trade financing It traditionally falls under the purview of banks and other non-banking financial institutions (NBFIs) across all industries. Recently, there has been a significant increase in global visibility on trade finance, particularly in the GCC region, emphasizing its role in supporting both international and domestic trade transactions. There is growing recognition of the […]

3 mins read

2 insurance companies request rate hikes as Floridians feel the pinch

HILLSBOROUGH COUNTY, FLORIDA – The cost of living in paradise continues to skyrocket. Many Floridians complain that their home insurance premiums are breaking their budget, and now, two insurance companies are demanding big rate increases. Castle Key Insurance and Amica Mutual are demanding an increase in insurance premiums of more than 50%. The Florida Office […]

1 min read

Inszone Acquires J.B. Martin Insurance Agencies in New Mexico

Inszone Insurance Services acquired JB Martin Insurance Agencies in Albuquerque, New Mexico. This acquisition strengthens Inszone's presence in the southwest. Since its founding in 1981, John Bradley Martin and his team have built JB Martin Insurance Agencies to provide a spectrum of insurance lines. Sacramento, California-based Inzone is an insurance brokerage firm providing property/casualty insurance […]

1 min read

Property and casualty insurance companies

We regulate most insurance companies that provide insurance for homes, cars and businesses in Canada. The federal and provincial/territorial governments share jurisdiction over insurers. We monitor property and casualty insurers to ensure they remain financially sound. Provinces and territories regulate licensing for insurers and track how they market their products.

1 min read