Conduit Re to buy more retrocession, announces departure of CEO Carvey – Go Health Pro

Conduit Re to buy more retrocession, announces departure of CEO Carvey – Go Health Pro

Conduit Re, the pure-play Bermuda reinsurance company, has announced its intention to purchase more retrocession to protect its earnings from volatility due to secondary peril loss impacts, while the company has also announced that CEO Trevor Carvey is stepping down.The company reiterated its expectation that the California wildfires in January 2025 will generate a $100 … Read more

Foundation for PA Watersheds Announces Spring Grant Cycle & New Grants Program Administrator – Go Health Pro

Foundation for PA Watersheds Announces Spring Grant Cycle & New Grants Program Administrator – Go Health Pro

Press released shared by Foundation for Pennsylvania Watersheds on 18 February 2025 The Foundation for Pennsylvania Watersheds (FPW) announces the spring request for grants is now open on the FPW grant portal at thefpw.org. More than $500,000 is available for projects that advance the protection and restoration of Pennsylvania’s waterways. The grant application cycle opened … Read more

News alert: Hunters announces ‘Pathfinder AI’ to enhance detection and response in SOC workflows – Go Health Pro

News alert: Hunters announces ‘Pathfinder AI’ to enhance detection and response in SOC workflows – Go Health Pro

Boston and Tel Aviv, Mar. 4, 2025, CyberNewswire — Hunters, the leader in next-generation SIEM, today announced Pathfinder AI, a major step toward a more AI-driven SOC. Building on Copilot AI, which is already transforming SOC workflows with LLM-powered investigation guidance, Hunters is introducing its Agentic AI vision, designed to autonomously enhance detection, investigation, and response. … Read more

Allstate announces quarterly dividend and share repurchase authorization – Go Health Pro

Allstate announces quarterly dividend and share repurchase authorization – Go Health Pro

NORTHBROOK, Ill., Feb. 26, 2025 – The Allstate Corporation (NYSE: ALL) announced that its board of directors approved a quarterly common stock dividend of $1.00 on Feb. 26, 2025, which is an increase of $0.08, or 8.7%, per share compared to last quarter. Allstate also declared the payment of quarterly preferred dividends. In addition, the … Read more

Allstate Announces January 2025 Catastrophe Losses and Policies in Force – Go Health Pro

Allstate Announces January 2025 Catastrophe Losses and Policies in Force – Go Health Pro

NORTHBROOK, Ill., February 20, 2025 – The Allstate Corporation (NYSE: ALL) today announced estimated catastrophe losses for the month of January of $1.08 billion or $849 million, after-tax. Catastrophe losses included three events with approximately $1.07 billion related to the California wildfires. The California wildfire event estimate includes reinsurance reinstatement premiums, an estimated California FAIR Plan assessment and is net of estimated … Read more