NCCI

Risk Management, Insurance Technology

Embroker | February 24, 2023

Embroker, a digital insurance platform that makes it easy to insure a business, just released a new malpractice and cyber bundle that is specifically made for legal practices. This package, the company's first vertical offering built on its new ONE by Embroker platform, makes it easy for law firms to obtain customized malpractice and cyber coverage. Ben Jennings, Chief Revenue Officer at Embroker, stated, "Regardless of size, law firms don't just want to ...

Claims

The Penn Mutual Life Insurance Company | November 23, 2021

The Penn Mutual Life Insurance Company (Penn Mutual), a Fortune 1000 company, is pleased to announce that the company has maintained its dividend scale for 2022 and the Board of Trustees has approved a $123 million payout to eligible policyholders in 2022. Dividends are a key measure of a mutual company's performance and Penn Mutual has consistently paid dividends to eligible policyholders for nearly 175 years. This announcement extends the company's long track record of d...

GlobeNewswire | August 27, 2020

Risk Strategies, a privately held, rapidly growing national insurance brokerage and risk management firm, today announced that it has acquired Ohio-based, McCamon Hunt Insurance Agency Inc. Terms of the deal were not disclosed. Located in Boardman, Ohio, just south of Youngstown, McCamon Hunt adds to Risk Strategies’ existing footprint and stable of expert talent in the state. Founded in 1996 through a merger, the firm traces its roots to 1939 and boasts outstanding client retention with s...

Insurance Technology

naic.org | April 11, 2022

A bipartisan group of state insurance regulators led by Insurance Commissioners Ricardo Lara of California and David Altmaier of Florida adopted a new standard for insurance companies to report their climate-related risks, in alignment with the international Task Force on Climate-Related Financial Disclosures (TCFD). The TCFD standard is the international benchmark for climate risk disclosure and will help insurance regulators and the public to better understand the climate-related risks to the ...