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Philipp Rüede appointed CEO of SCOR L&H

coverager

Philipp is replacing Frieder Knüpling who stepped down in July 2024.

Posted: Apr 24, 2025

Dream Payments launches insurance payment network

coverager

The solution leverages the payment rails and infrastructure of J.P. Morgan Payments.

Posted: Apr 24, 2025

Cowbell launches professional indemnity offering for UK tech firms

coverager

This new coverage marks the company’s first move beyond standalone cyber insurance in the UK.

Posted: Apr 24, 2025

With its exceptional commitment to customer success, Vertafore receives the 2025 Excellence in Custo...

coverager

InsurTech leader recognized for its customer-first mindset for the third straight year

Posted: Apr 24, 2025

They Don’t Want to Log in, Silly: Friction-Free Access for a New World

coverager

Traditional logins are unable to properly address the breadth of transactional scenarios in today’s omnichannel environment. Encourage self service and speed up transactions with friction-free access.

Posted: Apr 24, 2025

MSI launches commercial general liability insurance

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This new product offers general liability coverage to owners of various types of residential dwellings, including eligible apartments, condominiums, and townhomes.

Posted: Apr 24, 2025

Volkswagen and Uber announce long-term strategic partnership

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The companies will deploy a fleet of thousands of all-electric, fully autonomous ID. Buzz AD vehicles.

Posted: Apr 24, 2025

King Risk Partners secures investment from Lightyear

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King Risk Partners is one of the fastest-growing insurance brokerages in the US.

Posted: Apr 24, 2025

Class Action Accuses Toyota of Illegally Sharing Drivers’ Data With Progressive

Carrier Management

Class Action Accuses Toyota of Illegally Sharing Drivers’ Data With Progressive A...

Posted: Apr 24, 2025

No Escape From Tariffs — Not Even for D&O Liability Insurers

Carrier Management

No Escape From Tariffs — Not Even for D&O Liability Insurers Whil...

Posted: Apr 24, 2025

Lawsuits Accuse Insurers of Colluding to Drop Coverage in Fire-Prone Areas of California

Carrier Management

Lawsuits Accuse Insurers of Colluding to Drop Coverage in Fire-Prone Areas of California Two lawsuits f...

Posted: Apr 24, 2025

Cyber Crime Costs Increased to $16B in 2024

Carrier Management

Cyber Crime Costs Increased to $16B in 2...

Posted: Apr 24, 2025

Federal Bill Seeks to Block Speed Limiter Requirement on Trucks, Buses

Carrier Management

Federal Bill Seeks to Block Speed Limiter Requirement on Trucks, Buses Federal legislation...

Posted: Apr 24, 2025

PG&E Misses 1Q Profit Estimates on Higher Expenses, LA Wildfire Worries Linger

Insurance Journal

PG&E Corp. missed first-quarter profit estimates on Thursday, as the power company was hurt by higher operating and interest expenses. Higher-for-longer interest rates push up borrowing costs for utility companies, which typically need more capit...

Posted: Apr 24, 2025

People Moves: Ryan Specialty Appoints Kelleher President of SUITELIFE Underwriting Managers

Insurance Journal

Ryan Specialty, headquartered in Chicago, Illinois, appointed Chris Kelleher president of SUITELIFE Underwriting Managers effective June 30. The hotel and resort industry-focused managing general underwriter is a part of the Ryan Specialty Underwriti...

Posted: Apr 24, 2025

Mid-year renewal trading conditions more favourable for reinsurers than Jan 1: RenRe CUO

Reinsurance News

David Marra, Executive Vice President and Group Chief Underwriting Officer (CUO) of Bermuda-based reinsurer RenaissanceRe (RenRe), said today that the firm is encouraged with trading conditions ahead of the mid-year property renewals, with more ba...

Posted: Apr 24, 2025

Amwins launches CoverCap program

coverager

CoverCap is designed to be a full limits solution for commercial property risks up to $50 million of total insured value.

Posted: Apr 24, 2025

Wife of Former US Sen. Bob Menendez Convicted in Bribery Scheme

Insurance Journal

Nadine Menendez, the wife of former U.S. Sen. Bob Menendez, was convicted of teaming up with her husband to accept bribes of cash, gold bars and a luxury car from three New Jersey men looking for help with their business …

Posted: Apr 24, 2025

Westfield Specialty International names Mark Benbow to lead new Fine Art & Specie team

Reinsurance News

Westfield Specialty International, the London-based specialty insurance arm of Westfield, has named Mark Benbow as Head of its newly launched Fine Art and Specie team. Benbow brings over 35 years of experience in the insurance industry, most recen...

Posted: Apr 24, 2025

Small Plane Hit Power Line Before Crashing in Platte River in Nebraska

Insurance Journal

A small plane appeared to have struck a power line before it crashed into the Platte River in Nebraska and killed all three people aboard, according to the National Transportation Safety Board. Few details are available about the Friday evening &#823...

Posted: Apr 24, 2025

Texas Governor Abbott Signs Bill Inspired by DOGE

Insurance Journal

Gov. Greg Abbott on Wednesday signed the first law of this year’s legislative session, a bill creating a new regulation-cutting agency inspired by Elon Musk’s federal Department of Government Efficiency. “Texas can have our own DOGE...

Posted: Apr 24, 2025

Ohio Attorney General to Certify Proposed Ban on Police Immunity

Insurance Journal

Prompted by a stinging defeat at the U.S. Supreme Court, Republican Ohio Attorney General Dave Yost on Tuesday said he was putting aside his objections and allowing a proposed constitutional amendment that would end qualified immunity for police and...

Posted: Apr 24, 2025

Global Commercial Insurance Rates Drop 3% During Q1, but US Casualty Bucks the Trend

Insurance Journal

Global commercial insurance rates fell 3%, on average, in the first quarter of 2025 following a 2% decline in Q4 2024, according to the Global Insurance Market Index published quarterly by insurance broker Marsh. The Q1 2024 average commercial rate &...

Posted: Apr 24, 2025

Global Q1 Commercial Insurance Rates Drop 3%, but US Casualty Bucks the Trend

Insurance Journal

Global commercial insurance rates fell 3%, on average, in the first quarter of 2025 following a 2% decline in Q4 2024, according to the Global Insurance Market Index published quarterly by insurance broker Marsh. The Q1 2025 commercial rate decline &...

Posted: Apr 24, 2025

Reinsurance joint venture is progressing well: WTW CEO

Reinsurance News

Carl Hess, CEO of global broking group WTW, said the firm’s reinsurance joint venture with private investment firm Bain Capital is progressing well, and he remains confident in its long-term contribution to growth and earnings. In December 2024, W...

Posted: Apr 24, 2025

US Officials Mull Easing Tariffs Targeting the Auto Industry

Insurance Journal

The Trump administration is considering whether to reduce certain tariffs targeting the auto industry that carmaker executives have warned would deal a severe blow to profits and jobs. One measure would spare automobiles and parts already subject to...

Posted: Apr 24, 2025

BHSI promotes Jeff Murdock to Head of US Property Claims

Reinsurance News

Berkshire Hathaway Specialty Insurance (BHSI), a provider of commercial property, casualty, and specialty insurance products, has announced the promotion of Jeff Murdock to Head of U.S. Property Claims. Based in Boston, Murdock succeeds Scott Lee,...

Posted: Apr 24, 2025

U.S. Commercial Insurance Rates Decline 1% in Q1 2025, Casualty Lines Buck Trend

Risk & Insurance

Globally, commercial lines rates drop 3% for third-consecutive quarter, ending seven-year streak of increases: Marsh. The post

Posted: Apr 24, 2025

VCIA’s 40th Annual Conference, August 11-13th 2025

Risk & Insurance

Collaborate at America’s largest captive insurance event by registering at vcia.com! The post VCIA’s 40th Annual Conference, August 11-13th 2025 ap...

Posted: Apr 24, 2025

Probitas confirms CEO and MD retirement amid post-acquisition realignment

Reinsurance News

Probitas, a Lloyd’s syndicate acquired by Aviva in 2024, has confirmed that CEO Ash Bathia and Managing Director Nick Bacon will retire from their roles on 31 July 2025. Founded as a Lloyd’s platform with a focus on specialty insurance, Probitas h...

Posted: Apr 24, 2025

Baltimore City School District Reports Cyber Incident

Insurance Journal

Baltimore City public school officials are dealing with a cybersecurity incident that occurred on February 13. Officials said that criminal actors appear to have gained unauthorized access to documents with information belonging to some current and f...

Posted: Apr 24, 2025

AXA XL appoints Rodrigues da Costa as Underwriting Manager, Energy Transition

Reinsurance News

AXA XL, the property and casualty (P&C) and specialty risk division of global insurer AXA, has announced the appointment of Theodore Rodrigues da Costa as Underwriting Manager, Energy Transition. In this role, Rodrigues da Costa will oversee t...

Posted: Apr 24, 2025

Apple, Meta Fined as EU Presses Ahead With Tech Probes

Insurance Journal

Apple was fined 500 million euros ($570 million) on Wednesday and Meta 200 million euros, as European Union antitrust regulators handed out the first sanctions under landmark legislation aimed at curbing the power of Big Tech. The EU fines could &#82...

Posted: Apr 24, 2025

After FSU Shooting, Students Call on Lawmakers to Block Lower Gun-Buying Age

Insurance Journal

TALLAHASSEE, Fla. (AP) — Student survivors of last week’s deadly shooting at Florida State University urged state legislators Tuesday to block an effort to reverse a law passed after the 2018 Parkland school shooting that raised the state&#8217...

Posted: Apr 24, 2025

Lilly Sues 4 Compounders Over Copies of Weight-Loss Drugs

Insurance Journal

Eli Lilly said Wednesday it had sued four compounders for selling unapproved products containing tirzepatide, after a U.S. judge last month blocked pharmacies from making copies of its weight-loss and diabetes medicines. Compounders were, until recen...

Posted: Apr 24, 2025

Insurance Groups Celebrate Signing of Georgia Tort Reform Laws

Insurance Journal

ATLANTA (AP) — Republican Gov. Brian Kemp’s political organization took to social media to tout his success in limiting lawsuits in a way Georgians could understand. “Thank you” its ad proclaimed, with the words blocked in the yello...

Posted: Apr 24, 2025

Tariff pressures mount for US insurers, says KBRA

Reinsurance News

KBRA, a US-based credit rating agency, notes that while the US insurance industry has historically been resilient in the face of economic uncertainty, ongoing tariff disputes and broader trade tensions are now presenting a more complex and layered...

Posted: Apr 24, 2025