All Posts

Google Sues Chinese ‘Darcula’ Group Over Alleged Phishing Scheme

Insurance Journal

Alphabet Inc.’s Google filed a lawsuit against alleged Chinese cybercriminals, accusing the group of orchestrating a vast phishing campaign designed to dupe Americans into turning over their credit card numbers. The group, which Google refers t...

Posted: Dec 18, 2025

Insurance AI Demo Day Calendar Announced

Insurance Journal

Wells Media Group Inc. today announced the 2026 Insurtech + AI Demo Day events calendar, a lineup of virtual events featuring live demos of the AI and technology tools and innovations shaping the insurance industry. The series is presented by …

Posted: Dec 18, 2025

Icahn Money Manager Sues His Bosses and Bausch + Lomb Over Anti-White Bias

Insurance Journal

A money manager at Carl Icahn’s investment firm is suing Bausch + Lomb Corp. and his billionaire employer, alleging he was discriminated against for being White. The manager, Steven Miller, claims he wasdenied a board seat when the activist inv...

Posted: Dec 18, 2025

Ex-Greensill Executives Charged in Germany Over Bankruptcy

Insurance Journal

German prosecutors charged two former board members of Greensill Bank AG for their roles in the 2021 demise of the lender. The men are charged with bankruptcy crimes and false accounting, a spokesman for Bremen prosecutors said in an emailed …

Posted: Dec 18, 2025

European Rating Agency Scope Plans Global Expansion Drive and IPO

Insurance Journal

Scope Ratings, which brands itself as Europe’s home-grown alternative to S&P, Moody’s and Fitch, plans a U.S. expansion drive and a stock market listing in the coming years, its founder and chief executive has told Reuters. Berlin-hea...

Posted: Dec 18, 2025

‘Door Knocker’ Roofers Were Everywhere. NC Farm Bureau Saw an Opportunity

Insurance Journal

It began with “door knockers” – the all-too-familiar practice of roofing companies telling homeowners that they could get a new roof with little or no out-of-pocket expense. North Carolina Farm Bureau Insurance, the 2nd-largest property i...

Posted: Dec 18, 2025

Lawyers Clash Over Angels’ Alleged Role in Skaggs’ Overdose Death

Insurance Journal

A lawyer for the family of late pitcher Tyler Skaggs argued that the Los Angeles Angels’ failure to investigate reports of drug use and dealing by the team’s communications director led to the overdose death of the 27-year-old player. An...

Posted: Dec 18, 2025

Mavis Tire to Pay $304K for Religious Discrimination Against Jewish Applicant

Insurance Journal

Mavis Tire Supply, a nationwide tire dealer and automotive service provider based in White Plains, New York, entered into a conciliation agreement with the U.S. Equal Employment Opportunity Commission (EEOC) to resolve a religious discrimination and...

Posted: Dec 18, 2025

NY Times Asks Judge to Dismiss Trump’s ‘Implausible’ Defamation Suit

Insurance Journal

The New York Times asked a judge to once again dismiss President Donald Trump’s $15 billion defamation lawsuit, arguing the complaint is based on “implausible allegations” that cannot overcome First Amendment protections. The suit f...

Posted: Dec 18, 2025

Rise of GLP-1 drugs brings substantial litigation risk: DAC Beachcroft

Reinsurance News

Law firm DAC Beachcroft warns of surging product liability claims that come with the rise of popular Glucagon-like peptide-1 receptor agonists (or GLP-1s), drugs for obesity management. While drugs like Ozempic and Wegowy offer health benefits, th...

Posted: Dec 18, 2025

NFP Acquires Hamilton Insurance in Virginia

Insurance Journal

Insurance broker NFP, an Aon company, announced the acquisition of Hamilton Insurance Agency, a property/casualty broker and benefits administration provider in Fairfax, Virginia. Hamilton has been a leader in the insurance market for the senior hous...

Posted: Dec 18, 2025

Zywave Releases Suite of Specialized AI Agents

Carrier Management

Zywave Releases Suite of Specialized AI Agents Insurance...

Posted: Dec 17, 2025

Poorer Americans Dropped Federal Flood Insurance When Rates Rose

Carrier Management

Poorer Americans Dropped Federal Flood Insurance When Rates Rose When the US Fe...

Posted: Dec 17, 2025

Big ‘I’ Members Recognized in 2025 Agent for the Future Awards

IA Magazine

Liberty Mutual awarded four Big “I” members for embracing innovative technologies, bringing value to their customers and empowering their employees.

Posted: Dec 17, 2025

Trump Takes Aim at State Regulation of AI

IA Magazine

President Donald Trump issued an executive order that seeks to restrict states’ ability to regulate artificial intelligence (AI).

Posted: Dec 17, 2025

Previsico Names Mark Pinkerton Chief Technical Officer

IIR

The former Guidewire and Risilience executive will lead technology strategy and platform development as the flood forecasting company expands globally.

Posted: Dec 17, 2025

Zurich UK appoints Paul Norcott as UK operations director

coverager

Norcott joined Zurich in 2024.

Posted: Dec 17, 2025

The Fidella Agency joins World

coverager

The agency specializes in commercial property/real estate insurance.

Posted: Dec 17, 2025

Progressive reports 87.1% CR for November

coverager

The insurer ended the month with a combined ratio of 87.1% and net income of $958 million.

Posted: Dec 17, 2025

Aviva partners with Percayso Inform

coverager

Aviva will use Percayso’s vehicle data enrichment solutions in its pricing, underwriting and claims operations.

Posted: Dec 17, 2025

Three Green Technologies Creating New Property Risks — and How to Manage Them

Risk & Insurance

As sustainable solutions become mainstream in buildings across North America, property owners and risk managers must understand the unique hazards posed by solar panels, electric vehicles, and mass timber construction. The post

Posted: Dec 17, 2025

Natural Catastrophe Insured Losses Exceed $100 Billion for Sixth Straight Year

Risk & Insurance

LA wildfires drive 2025 insured losses to $107 billion, with U.S. accounting for 83% of global total, according to Swiss Re Institute. The post

Posted: Dec 17, 2025

Viewpoint: What Marijuana’s Move to Schedule III Really Means for Cannabis Insurance

Insurance Journal

The cannabis world is buzzing about a possible move to reclassify marijuana from Schedule I to Schedule III under the Controlled Substances Act. If it happens, it will be a meaningful shift—especially for taxes and market access—but it will not &#823...

Posted: Dec 17, 2025

Companies Build AI Oversight but Struggle With Operational Readiness

Risk & Insurance

Sedgwick survey reveals 70% of organizations have established AI governance committees, yet only 14% report full deployment preparedness. The post

Posted: Dec 17, 2025

Georgia Commissioner Touts More Auto Rate Reductions by Major Insurers

Insurance Journal

Georgia Insurance Commissioner John King announced more auto insurance rate reductions for motorists in the state—the second announcement in as many months. King credited tort-reform laws and stepped-up efforts to combat insurance fraud. “As we...

Posted: Dec 17, 2025

Understanding Legal System Abuse: How Lawsuit Exploitation Drives Up Costs for Everyone

Risk & Insurance

As third-party litigation funding reshapes the American court system, consumers and businesses alike face mounting financial consequences, but reform efforts offer hope for change. The post

Posted: Dec 17, 2025

Fitch’s outlook for global insurance sector is ‘neutral’ despite pockets of deterioration

Reinsurance News

Fitch Ratings has assigned a ‘neutral’ global sector outlook for the insurance industry in 2026, which reflects a stable operating environment in most markets and a sector that remains resilient, despite facing increasingly challenging conditions...

Posted: Dec 17, 2025

People Moves: Jencap Names Edge Binding Team Manager; Alliant Hires Givens

Insurance Journal

Jencap, one of the largest wholesale brokerages in the U.S., announced that John Michael “JM” Edge, formerly of Amwins, is the new property and casualty binding team manager for Atlanta, Charlotte and Denver teams. Edge spent more than 10...

Posted: Dec 17, 2025

Vantage hires Steve Robb from Somerset Re as Group CFO

Reinsurance News

Global re/insurer Vantage Group Holdings Ltd. has named experienced finance executive Steve Robb as its new Group Chief Financial Officer (CFO), reporting to Greg Hendrick, the company’s Chief Executive Officer (CEO). Robb assumes the new ro...

Posted: Dec 17, 2025

Insurance Industry ‘Megadeals’ Dominate 2025, Says PwC

Insurance Journal

“Megadeals” are ruling insurance industry mergers and acquisitions as action remained consistent throughout 2025, with the prospect that the need for growth with drive more deals in 2026. According to a new report from PwC, 93% of deal va...

Posted: Dec 17, 2025

People Moves: Hamilton Re Promotes Hunt to SVP, Head of Property Insurance; MGA Arrow Launches Profe...

Insurance Journal

This edition of International People Moves details appointments at Hamilton Insurance Group and MGA Arrow Risk Management. A summary of these new hires follows here. Hamilton Re Promotes Hunt to SVP, Head of Property Insurance Hamilton Insurance Grou...

Posted: Dec 17, 2025

Generative AI in Insurance Claims Faces a Scale Problem

Risk & Insurance

Most P&C insurers are using AI, but few are deploying it where it matters most, according to Bain & Co. The post Generative AI in Insu...

Posted: Dec 17, 2025

Fitch upgrades Oman Re’s credit rating, assigns stable outlook

Reinsurance News

Fitch Ratings has upgraded Oman Re’s Insurer Financial Strength (IFS) Rating to ‘BBB’ from ‘BBB-‘, assigning a Stable Outlook. According to Fitch, the upgrade reflects reduced investment and asset risk following the u...

Posted: Dec 17, 2025