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Hurricane Recovery Tips for Small Businesses
October 7, 2024 Recovering a commercial business in the aftermath of a hurricane is no question a challenge. According to the Federal Emergency Management Agency (FEMA), more than 40% of businesses don’t reopen after a disaster. With an unprecedented 2024 hurricane season underway, here are a few tips to increase the likelihood that you or…
Insurance moves at Penn Mutual and BTIS
BTIS promotes head of operations Builders & Tradesmen’s Insurance Services, Inc. (BTIS), an Amynta Group company, has announced the promotion of Jessica Keefe to senior vice president, head of operations. With over 20 years of experience in compliance, operations, and strategic growth, Keefe has played a key role in BTIS’s expansion and operational efficiency since…
Economic shifts reshape political risk landscape – Gallagher
Risks in emerging markets In the Democratic Republic of the Congo (DRC), ongoing insurgent violence continues to impact the country’s political, security, and economic outlook. The M23 insurgent group launched a major offensive in early 2025, capturing the provincial capitals of North Kivu and South Kivu, along with their airports. Source link
Markel makes new appointments in Southeast Region
The moves are expected to strengthen excess casualty team Source link
Private equity backed group acquires specialty MGA
Leading specialist in one sector now has major backing Source link
New Jersey proposes tighter rules on life insurance reserves to match national standards
The proposal, introduced by the Department of Banking and Insurance, calls for the adoption of the NAIC Term and Universal Life Insurance Reserve Financing Model Regulation #787, known within the industry as the XXX/AXXX Model Regulation. The move would bring uniformity and greater transparency to reserve financing, an area that has historically presented regulatory challenges. Source link