All Posts

States Say Trump Order Halting Wind Projects Defies Explanation

Insurance Journal

The Trump administration’s order to halt work on a nearly completed wind farm off the coast of Rhode Island threatens grid reliability and jobs and defies explanation, business and government leaders from New England said on Monday. State leade...

Posted: Aug 27, 2025

New York Central Park Managers Support Eliminating Horse-Drawn Carriages

Insurance Journal

For more than 150 years, horse-drawn carriages have been trotting through Manhattan’s Central Park, weathering the arrival of the automobile, years of criticism from animal rights activists and even a mayoral administration that vowed to ban th...

Posted: Aug 27, 2025

Philadelphia Airport Reopens a Runway With System to Stop a Runaway Plane

Insurance Journal

The Federal Aviation Administration on Tuesday touted the reopening of a runway at Philadelphia International Airport through the installation of a system to stop a runaway airplane. The FAA awarded $8.5 million last year for the airport’s firs...

Posted: Aug 27, 2025

OneShield to Launch Industry’s First AI Hub to Accelerate Safe and Scalable Insurance Innovation

coverager

OneShield announced the launch of the OneShield AI Hub, the industry’s first centralized environment for the secure development, deployment, and governance of artificial intelligence (AI) solutions within the insurance software ecosystem.

Posted: Aug 26, 2025

Hagerty introduces complimentary storage service for Florida members

coverager

The experience is powered by Way's digital platform.

Posted: Aug 26, 2025

Steadily Expands Use of ZestyAI Models for Landlord Insurance

IIR

The insurer has adopted parcel‑level hail and wind analytics to refine underwriting.

Posted: Aug 26, 2025

iPipeline Names Holly McGiboney Chief Human Resources Officer

IIR

McGiboney will lead talent strategy, recruitment, and employee engagement for the insurtech’s global workforce.

Posted: Aug 26, 2025

McKenzie Intelligence, Eagleview Partner on North American Catastrophe Response

IIR

The collaboration integrates damage assessments and aerial imagery for insurers to provide faster, more detailed insights.

Posted: Aug 26, 2025

IBHS Research Finds Ember-Resistant Buffer Halves Wildfire Ignition Risk

IIR

Researchers say a five-foot noncombustible zone around homes reduces ember danger.

Posted: Aug 26, 2025

Can Insurtech Fix Homeowners Insurance?

Insurance Thought Leadership

Can Insurtech Fix Homeowners Insurance? Personal Lines ClareCarroll1

Posted: Aug 26, 2025

7 Ways Producer Data Helps Carriers Determine Broker Compensation

coverager

Compliance and growth don’t have to compete. When you bring on a true distribution channel management (DCM) solution, some of the biggest gains also come in the innovative ways you can leverage your data for business insights.

Posted: Aug 26, 2025

Poland acquires stake in ICYEYE

coverager

CEO Rafal Modrzewski plans to expand production in Poland.

Posted: Aug 26, 2025

The Hartford names Vladimir Stojanovic head of enterprise strategy

coverager

Stojanovic will oversee trend analysis and competitive intelligence to identify emerging opportunities and disruptive forces shaping the industry.

Posted: Aug 26, 2025

HBX Group partners with Superscript

coverager

The offering will initially be available to companies in the UK and Europe.

Posted: Aug 26, 2025

Assurant partners with Arcadium Technologies

coverager

The partnership simplifies the sales process by enabling truck dealership sales professionals to buy the Assurant Heavy Truck Extended Service Contract through Arcadium's platform.

Posted: Aug 26, 2025

Green Shield raises $12 million

coverager

Green Shield’s flagship product, Property Guardian InsurAble, provides wildfire risk analytics, insurability scoring, and broker connectivity to deliver bindable property insurance quotes.

Posted: Aug 26, 2025

Sola raises $8 million

coverager

The round was led by FINTOP Capital and JAM FINTOP.

Posted: Aug 26, 2025

Tesla Rejected $60M Settlement Before Losing $243M Autopilot Verdict

Carrier Management

Tesla Rejected $60M Settlement Before Losing $243M Autopilot Verdict Billionaire Elon Musk's electric veh...

Posted: Aug 26, 2025

Clearing 5 Foot Perimeter Around House Cuts Wildfire Risk in Half: IBHS

Carrier Management

Clearing 5 Foot Perimeter Around House Cuts Wildfire Risk in Half: IBHS New research confirms crea...

Posted: Aug 26, 2025

Trump Threatens Trucking Safety Funds for California, New Mexico and Washington

Insurance Journal

California, New Mexico and Washington are at risk of losing a cumulative $46 million a year in federal trucking safety funds after the Trump administration accused the states of flouting English-language rules for commercial drivers. U.S. Department...

Posted: Aug 26, 2025

Fire at Louisiana Auto Plant Forces Mandatory Evacuation Order

Insurance Journal

A fire at an automotive supply plant in Louisiana was 90% contained Sunday, but a mandatory evacuation order remained in place as crews tried to address remaining flames, law enforcement officials said. The fire at Smitty’s Supply just north of...

Posted: Aug 26, 2025

Jessica Laird promoted to CEO of Nephila Capital as Frank Majors steps back

Reinsurance News

Nephila Holdings has announced that Jessica Laird has been promoted to CEO of Nephila Capital, the firm’s flagship catastrophe business, effective immediately, while Frank Majors will step down as Co-CEO of Nephila Holdings at year-end to focus on...

Posted: Aug 26, 2025

Texas Bill Would Levy Stricter Penalties on Camps Following Hill Country Flood

Insurance Journal

A bill that would tighten how youth camps are penalized for safety deficiencies and that would diminish the industry’s influence on a state advisory committee has gained traction in the Legislature. While Senate Bill 1 passed last week created...

Posted: Aug 26, 2025

Tesla Rejected $60M Settlement Before Losing $243M Autopilot Verdict

Insurance Journal

Billionaire Elon Musk’s electric vehicle company Tesla rejected a $60 million settlement proposal in a lawsuit over the 2019 fatal crash of an Autopilot-equipped Model S before a jury this month awarded a $243 million verdict in the case. Lawye...

Posted: Aug 26, 2025

Strategic focus drives profitable growth for re/insurers: Aon

Reinsurance News

Aon, a global re/insurance broking group, has analysed $2 trillion of insurance premiums to identify the top profitable growth performers, concluding that “strategic focus and relevance consistently drive stronger financial outcomes — regardless o...

Posted: Aug 26, 2025

People Moves: Alive Risk Names Carroll Underwriting Director, Entertainment Programs

Insurance Journal

Alive Risk, the sports, leisure and entertainment managing general underwriter of Ryan Specialty Underwriting Managers, the underwriting management division of Ryan Specialty announced that Scott Carroll has joined Alive Risk to serve as underwriting...

Posted: Aug 26, 2025

Call for Evacuations as Wildfires Threaten Homes in California, Oregon

Carrier Management

Call for Evacuations as Wildfires Threaten Homes in California, Oregon Thousands o...

Posted: Aug 26, 2025

WalkerHughes Acquires Missouri’s S&R Insurance

Insurance Journal

WalkerHughes Insurance announced acquisition of S&R Insurance, a well-established retail insurance brokerage headquartered in St. Robert, Missouri. This strategic move marks WalkerHughes’ first presence in south-central Missouri and reinfor...

Posted: Aug 26, 2025

People Moves: Miller Taps Howden’s Cumberland to Newly Created Role of Chief Broking Officer; HDI Gl...

Insurance Journal

This edition of International People Moves details appointments at the re/insurance broker Miller and insurer HDI Global. A summary of these new hires follows here. Miller Appoints Howden’s Cumberland to New Role of Chief Broking Officer Miller...

Posted: Aug 26, 2025

People Moves: Miller Taps Howden’s Cumberland for Newly Created Role of Chief Broking Officer; HDI G...

Insurance Journal

This edition of International People Moves details appointments at the re/insurance broker Miller and insurer HDI Global. A summary of these new hires follows here. Miller Appoints Howden’s Cumberland for New Role of Chief Broking Officer Mille...

Posted: Aug 26, 2025

The Hartford hires Stojanovic as head of Enterprise Strategy

Reinsurance News

US-based insurer The Hartford has announced the appointment of Vladimir Stojanovic for the newly created role of head of Enterprise Strategy, effective 3 September. In his new role, Stojanovic will oversee trend analysis and competitive intelligen...

Posted: Aug 26, 2025

NC Supreme Court: Bar Owners Can Sue State for COVID-19 Shutdown Losses

Risk & Insurance

Ruling potentially opens new avenue for business recovery after pandemic restrictions, potentially significant for insurer denial of most business interruption claims. The post

Posted: Aug 26, 2025

Public Transit Liability Costs Surge 9% Annually as Industry Grapples With Post-Pandemic Recovery

Risk & Insurance

Rising claim frequency and severity compound challenges for transit authorities still rebuilding ridership to pre-COVID levels, Aon report shows. The post

Posted: Aug 26, 2025

Federal Appeals Court Decertifies SC Class Action on Undervalued Totaled Vehicles

Insurance Journal

A federal appeals court has decertified a class of plaintiffs in a South Carolina lawsuit alleging that Progressive Insurance undervalued total-loss vehicles, the latest turn in multiple, similar suits against U.S. auto insurers. The U.S. 4th Circuit...

Posted: Aug 26, 2025

Insurance Advisory Partners names Rinki Melwani as partner

Reinsurance News

Insurance Advisory Partners (IAP), a boutique investment banking firm specialising in the insurance sector, has appointed Rinki Melwani as partner, effective 25th August, subject to regulatory approval. Based at IAP’s Lime Street office in London,...

Posted: Aug 26, 2025

‘Big Four’ Reinsurers Maintain Property-Cat Appetite, Despite Signs of Rate Softening

Carrier Management

‘Big Four’ Reinsurers Maintain Property-Cat Appetite, Despite Signs of...

Posted: Aug 26, 2025

Containment Increases on California Wine Country Wildfire

Insurance Journal

Containment has increased on a rural California wine country wildfire that was burning out of control and threatening thousands of properties. The Pickett Fire exploded in the Napa Valley last week, prompting evacuations from area wineries and rural...

Posted: Aug 26, 2025

Willis strengthens commitment to Japanese insurance market

Reinsurance News

Insurance broker Willis, a WTW business, has significantly expanded its Japanese Corporate Risk & Broking team, emphasising its commitment to the Japanese market. For the first nine months of 2025, Willis has hired 22 new professionals across...

Posted: Aug 26, 2025

Milliman reports July pension buyout trends, slight cost decline amid rising competitive gaps

Reinsurance News

Milliman, Inc., a consulting and actuarial firm, has released the latest update from its Milliman Pension Buyout Index (MPBI). In July, the estimated cost of transferring retiree pension obligations to an insurer through competitive bidding edged...

Posted: Aug 26, 2025

Lawmakers, Unions Oppose Railroad Plan to Automate Track Safety Inspections

Insurance Journal

A U.S. railroad industry plan to rely more heavily on technology instead of humans to conduct routine track safety inspections has drawn a backlash from labor groups and lawmakers who voiced worry that automated inspections will result in more accide...

Posted: Aug 26, 2025

Maryland Screwworm Patient Recovered; Ranchers Criticize CDC Secrecy

Insurance Journal

The patient with the first human infestation of travel-associated New World screwworm in the United States has recovered from the flesh-eating parasite, and there was no sign of transmission to other people or animals, the Maryland Department of Heal...

Posted: Aug 26, 2025