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When President Donald Trump boasted about falling oil prices on social media early Monday, the Texas oil and gas industry didn’t cheer along with him. Trump’s latest round of tariffs set off unease among industry groups representing Texas...
Posted: Apr 10, 2025
ZestyAI, a company specialising in property and climate risk analytics, has disclosed that over 12.6 million US properties are at high risk of hail-related roof damage, costing about $189.5 billion in potential replacement costs. The information w...
Posted: Apr 10, 2025
“Drill, baby, drill” may be Texas’s unofficial motto, but “store, baby, store” is becoming more accurate. The Lone Star State may be the heart of America’s oil and gas map, but it’s quickly becoming the bigge...
Posted: Apr 10, 2025
Early estimates from the National Highway Traffic Safety Administration for traffic fatalities in 2024 indicate that the number of people who died in traffic crashes will reach the lowest point in five years. The NHTSA estimates project that 39,345 p...
Posted: Apr 10, 2025
Totalis Program Underwriters, an underwriting platform providing specialty expertise and solutions for challenging and underserved areas of the market. announced the acquisition of Brownyard MacLean Security Insurance Services, LLC. Brownyard MacLean...
Posted: Apr 10, 2025
A powerful storm system that stalled over states from Texas to Ohio for several days in early April 2025 wreaked havoc across the region, with deadly tornadoes, mudslides and flooding as rivers rose. More than a foot of rain fell …
Posted: Apr 10, 2025
FRANKFORT, Ky. (AP) — After days of deluges overfilled rivers to near-record levels across Kentucky, residents were anxious Tuesday to return to their flooded homes and assess what’s salvageable, even as stubbornly high waters kept some of them...
Posted: Apr 10, 2025
Former Northwestern University football players are finalizing an agreement with the school to settle lawsuits alleging hazing and abuse that led to longtime coach Pat Fitzgerald’s firing, a school spokesman and attorneys said Tuesday. The pres...
Posted: Apr 10, 2025
Jef Van In, CEO of iptiQ, has announced the signing of an agreement to sell iptiQ’s Australian business to Hannover Re, pending regulatory approvals. iptiQ, a digital B2B2C insurance company powered by Swiss Re, is a provider of re/insurance...
Posted: Apr 10, 2025
MONTGOMERY, Ala. (AP) — Alabama lawmakers on Tuesday voted to put new regulations on pharmacy benefit managers in an effort to curb the closure of small pharmacies across the state. The Alabama House of Representatives voted 102-0 for the proposal &#...
Posted: Apr 10, 2025
The Army has made changes to how its helicopters use a safety system that broadcasts aircraft location and has reduced the number of flights over Washington following a collision with a passenger jet that killed 67 people, the head of …
Posted: Apr 10, 2025
WTW, an advisory, broking, and solutions firm, has announced the next step in the rollout of its digital trading platform, Neuron. Liberty Specialty Markets (LSM) is now live on the platform, bringing real-time trading capability for Cyber and Dir...
Posted: Apr 10, 2025
At-Bay, a cyber insurance and security firm known for its integrated “InsurSec” approach, has released its 2025 InsurSec Report, revealing significant shifts in the cyber threat landscape. Drawing on data from its own claims portfolio,...
Posted: Apr 10, 2025
The Cayman Islands is poised to become an increasingly significant player in the global reinsurance market, according to Greg Mitchell, Chair of CIRCA (the Cayman International Reinsurance Companies Association). Speaking ahead of the ReConnect C...
Posted: Apr 10, 2025
Roof repair and replacement cost value totaled nearly $31 billion last year — up nearly 30% since 2022, according to a new report from Verisk. The strategic data analytics and technology provider reported that roof-related line items made up more ...
Posted: Apr 10, 2025
The Fidelis Partnership (TFP) has announced the appointments of Suzanne Wells as Chief Operating Officer (COO) and Erik Manning as Head of Ceded Reinsurance. Effective July 2025, Wells will be based in London. She joins TFP from Arch Insurance Int...
Posted: Apr 10, 2025
Cytora, a digital risk processing platform, has entered into a partnership with Vāyuh, an AI-driven weather forecast and climate analytics company. This collaboration will seamlessly integrate Vāyuh’s advanced climate and weather data models into...
Posted: Apr 10, 2025
Arch Insurance, a division of Bermuda-based re/insurer Arch Capital Group, has appointed Paul Seip as Head of Fine Art & Specie, European Markets, effective immediately. Seip will be based in Rotterdam, and joins Arch Insurance (EU) dac (AIEU)...
Posted: Apr 10, 2025
Coalition, an active insurer focused on preventing digital risks, has launched its new Active Cyber Policy, a reimagined US surplus lines cyber policy designed to protect businesses amid an ever-evolving digital threat landscape. Shawn Ram, Chief...
Posted: Apr 10, 2025
A lesson in how good intentions can go awry. The post The Law of Unintended Consequences: How UK Insurance Regulation M...
Posted: Apr 10, 2025
Report: 75% of Small Businesses Had Workplace Injuries; Mental Health a Growing Concern Three-qu...
Posted: Apr 10, 2025
Allianz Trade, a trade credit insurer, has appointed Matt Williams as Chief Executive Officer (CEO) for UK & Ireland, effective July 1st, 2025, succeeding Sarah Murrow. Murrow will become CEO of Allianz Trade in the Americas also effective Jul...
Posted: Apr 10, 2025
Industry standards body ACORD has launched GRLC Generation 2.0, updating its Global Reinsurance & Large Commercial Standards to support digitalisation throughout the global re/insurance industry. Providing some background, ACORD noted that GRL...
Posted: Apr 10, 2025
Marsh, the insurance brokerage business of Marsh McLennan, announced the launch of CyberShore Bermuda, an exclusive, excess cyber insurance facility that provides Marsh clients with enhanced protection and a streamlined client experience. CyberShore...
Posted: Apr 10, 2025
The Board of Directors of Liberty Mutual Insurance has elected Timothy M. Sweeney as the Chairman of Liberty Mutual Holding Company Inc., effective April 9th, 2025. Sweeney, currently the company’s President and Chief Executive Officer, will...
Posted: Apr 10, 2025
The tariff shock and recession fears that have sent world stocks into a tailspin over the last week are rolling into corporate funding markets, raising the cost of borrowing and disrupting financing plans even for lower-risk companies. With U.S. Trea...
Posted: Apr 10, 2025
A new report from Fitch Ratings has suggested that EU insurers are likely to keep their exposure to crypto assets minimal if proposals to set the Solvency II risk charge for such assets at 100% are adopted. According to the rating agency, the Euro...
Posted: Apr 10, 2025
Neema Insurance Managing Agency, an African specialist underwriting agency, has announced the appointment of Sandowen Ramasawmy as Underwriter at its London office. Ramasawmy brings extensive underwriting experience across multiple lines of busine...
Posted: Apr 10, 2025
Cyber risk solutions firm Resilience, with the support of Accredited Insurance, has introduced coverage for Technology Errors and Omissions (Tech E&O) for clients with more than £50 million or €25 million in annual revenue in the UK and Europe...
Posted: Apr 10, 2025
French reinsurance company SCOR has returned to the catastrophe bond market, securing $240 million of retrocession protection against named storms in the US and the Caribbean, earthquakes in the US and Canada, and European windstorms. Atlas Capita...
Posted: Apr 10, 2025
African reinsurer CG Re Group has announced the appointment of Ramanuj Seegoolam to its broking team in the London office. The CG Re Group announced the opening of its London office in July 2024, as part of the company’s expansion strategy to beco...
Posted: Apr 10, 2025
An ad for TotalEnergies SE inflated the oil company’s investments in renewable energy, misleading consumers, the UK’s advertising regulator ruled on Wednesday. Another commercial for Shell, which promoted its investments in EV charging st...
Posted: Apr 10, 2025
U.S. President Donald Trump issued an executive order on Tuesday that aims to block the enforcement of state laws passed to reduce the use of fossil fuels and combat climate change. The move is the latest in a string of …
Posted: Apr 10, 2025
Orion180, a property insurance and surplus lines carrier founded in Melbourne, Florida, in 2016, has now started writing policies in the state where it is headquartered. And it is doing so with what appears to be an unusual strategy: Rebates …
Posted: Apr 10, 2025
A 911 dispatch center is not necessarily part of a county’s emergency services department and is not covered by a secondary liability insurance policy, a federal appeals court found this week in a decision that will cost Travelers several milli...
Posted: Apr 10, 2025
Starting in the 1980s, New York law enforcement and health officials fielded sexual abuse complaints from the young patients of a respected pediatrician who ran his practice out of a basement office in his home on Long Island. But Stuart …
Posted: Apr 10, 2025
Scientists were bracing for high lava fountains during the latest episode of an ongoing eruption of Hawaii’s Kilauea volcano. Lava fountains have reached heights of 1,000 feet (305 meters) during eruptive episodes in recent weeks, drawing visit...
Posted: Apr 10, 2025
Marsh McLennan Agency (MMA), a business of Marsh, announced the acquisition of Arthur Hall Insurance, a West Chester, Pennsylvania-based insurance agency. Terms of the acquisition were not disclosed. Founded in 1966, Arthur Hall provides commercial a...
Posted: Apr 10, 2025
Inszone Promotes Western Leadership Inszone Insurance Services made a series of leadership promotions in its Western region. Layne Bowen has been promoted to vice president of Utah. Formerly the owner of L.A. Bowen Insurance in Orem, Utah, Layne join...
Posted: Apr 10, 2025
Athora Netherlands, a specialist life insurer and pension provider known for supporting pension fund transitions in the Dutch market, has facilitated two major pension buyouts through its Zwitserleven brand—marking significant steps in the country...
Posted: Apr 10, 2025
This post is part of a series sponsored by Expert Insured. In the fast-paced world of insurance, the ability to swiftly launch new programs can be a game-changer for MGAs and wholesalers. Expert Insured, a robust platform developed by Selectsys ̷...
Posted: Apr 09, 2025
Liberty Mutual’s Timothy M. Sweeney, president and chief executive officer, has been elected chairman of Liberty Mutual Holding Co. Sweeney succeeds, David H. Long, who is retiring. Long has been with Boston-based Liberty Mutual for 40 years. H...
Posted: Apr 09, 2025
Liberty Mutual’s Timothy M. Sweeney, president and chief executive officer, has been elected chairman of Liberty Mutual Holding Co. Sweeney succeeds, David H. Long, who is retiring. Long has been with Boston-based Liberty Mutual for 40 years. H...
Posted: Apr 09, 2025
The Series A funding, co-led by Framework Ventures and Fulgur Ventures, supports global expansion of Bitcoin-denominated insurance products.
Posted: Apr 09, 2025
Insurance Information Institute
Media Contact: California Press Office Janet Ruiz 707-490-9365 [email protected] SAN DIEGO, April 10, 2025 – What will it take for insurers to write more homeowners insurance in the Golden State? The Insurance Information Institute’s (Triple-I) newl...
Posted: Apr 09, 2025
Fadous will join the executive team as she succeeds Steve Finch and reports to incoming CEO Phil Witherington.
Posted: Apr 09, 2025
The integration connects marketing tools with management systems to help agencies generate leads and scale operations.
Posted: Apr 09, 2025
Newest addition to HawkSoft’s API Partner Program Anthem Business Software, LLC, a top provider of business software and digital marketing solutions for small businesses, and HawkSoft, a leading agency management...
Posted: Apr 09, 2025
Long has been part of Liberty Mutual for 40 years.
Posted: Apr 09, 2025