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Liberty Mutual Insurance earnings climb

In Q2, net income attributable to LMHC amounted to US$717 million – a turnaround from the company's previous US$585 million loss. In the quarter ended ... Source link

Symetra Life Insurance Company Announces Data Breach Following Unauthorized Logins | Console and Associates, P.C.

In November 2024, Symetra Life Insurance Company (“Symetra”) filed a notice of data breach with the Attorney General of Massachusetts after discovering that an unauthorized party was able to log in to certain accounts with users’ personal information. In this notice, Symetra explains...

Insurance commissioner setting up another consumer burden

While writing up his biography on the website of the California Department of Insurance back in early 2019, the newly elected Commissioner Ricardo Lara informed all comers that “I ran for (this) office to make a difference in the lives of Californians.” He has...

Paul Braithwaite | Senior Managing Director

Paul Braithwaite is Senior Managing Director in the Global Insurance Services practice of FTI Consulting. As a past President of the Casualty Actuarial Society with 40 years of industry experience, he...

‘Denied or closed with no payment’

A busy hurricane season in Florida has forced the state's largest insurance company to reject a staggering percentage of residential claims. What's happening? NOTUS, short for News of the United States, reported that publicly funded Citizens Property Insurance has denied 77% of claims stemming from...

MGA Kova Professions enters into multi-year capacity agreement with Hadron

Specialist managing general agent (MGA), Kova Professions has entered into a multi-year capacity agreement with Hadron, the specialty insurance carrier. The partnership, which will see Kova Professions underwrite with capacity from Hadron, is part of a five-year capacity commitment, enabled by the Accelerant Risk...