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California wildfire victims battle with insurance companies – FOX 26 Houston

FOX's Sunny Tsai spoke with two Palisades fire victims who were dropped from their insurance plans shortly before the fire. Source link

SEC Issues Industry Letter Allowing Insurance Companies to File Certain Financial Statements | Seward & Kissel LLP

Who may be interested: Insurance Companies Quick Take: In an Industry Letter, the SEC’s Division of Investment Management stated that insurance companies may file financial statements prepared in accordance with statutory accounting principles permitted by the company’s domiciliary state regulator, and audited by an independent...

Jackson Announces New President and Chief Risk Officer – Insurance News

LANSING, Mich.--(BUSINESS WIRE)--Jackson Financial Inc.1 (NYSE: JXN) (Jackson®) announced today that Chris Raub has been appointed President of its main operating subsidiary, Jackson National Life Insurance Company®. In this new role, he has responsibility for all go-to-market activities, driving sustainable growth and...

AI insurtech Ominimo bags its first investment at a $220M valuation

How do you get talented engineers to work for a startup in a mundane field at a time when more exciting companies are paying well and hiring aggressively? Here’s an answer from one insurance startup out of Poland called Ominimo: make pay competitive,...

Liberty Mutual names Sweeney chairman, Long retires

Liberty Mutual Insurance Co. on Wednesday named President and CEO Timothy M. Sweeney to the additional role of chairman. He succeeds David H. Long, who is also retiring as a director of the company. Mr. Long, who spent 40 years at Liberty Mutual, was named...