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FirstBank, With its Own Insurance Agency, Merges with Alabama Bank

Insurance Journal

Nashville-based FB Financial Corp., parent company of FirstBank and FirstBank Insurance Agency, plans to merge with Southern States Bancshares, the parent of Southern States Bank, headquartered in Anniston, Alabama, the bank announced this week. Sout...

Posted: Apr 03, 2025

FirstBank, With its Own Insurance Agency, Merges With Alabama Bank

Insurance Journal

Nashville-based FB Financial Corp., parent company of FirstBank and FirstBank Insurance Agency, plans to merge with Southern States Bancshares, the parent of Southern States Bank, headquartered in Anniston, Alabama, the bank announced this week. Sout...

Posted: Apr 03, 2025

American Integrity promotes Ryan Hodges to SVP, Risk Management

Reinsurance News

American Integrity Insurance Group, a provider of residential property insurance in Florida, has promoted Ryan Hodges to Senior Vice President (SVP) of Risk Management. The insurer stated that Hodges has helped the company manage several challengi...

Posted: Apr 03, 2025

Vivere Partners in California Raises $7.5M for Specialty Insurance Platform

Insurance Journal

Vivere Partners, a specialty insurance platform focused on niche lines of insurance, completed a $7.5 million Series A funding round led by General Catalyst, Pathlight Ventures and Greenlight Re. The funding is intended to accelerate the company&#821...

Posted: Apr 03, 2025

75% of Small Businesses Experienced Workplace Injuries in 2024

IA Magazine

While injury-related expenses cost smalll businesses more than $20,000 in 2024, half of these injuries were reported as being preventable, according to Pie Insurance.

Posted: Apr 02, 2025

Idaho Farm Bureau Relaunches CPP on Guidewire Cloud

IIR

The modernization project, for which Farm Bureau of Idaho engaged Stratus Technology Services, enhances the carrier’s scalability, speed, and operational flexibility.

Posted: Apr 02, 2025

Bamboo Insurance, Incline P&C Group Form California Partnership

IIR

The new agreement supports expanded home insurance capacity in the state.

Posted: Apr 02, 2025

Triple-I: Colorado State’s 2025 Atlantic Hurricane Forecast Calls for ‘Above Average’ Season

Insurance Information Institute

For Immediate Release Florida Press Office, Mark Friedlander, 904-806-7813, [email protected]        ST. JOHNS, Fla., April 3, 2025 – An above average hurricane season is projected for 2025 in the Atlantic basin, according to a forecast released today by...

Posted: Apr 02, 2025

iPipeline Names Rachel Edwards Managing Director for U.K. Operations

IIR

Edwards will lead U.K. strategy and oversee operations to support iPipeline’s next phase of growth.

Posted: Apr 02, 2025

Indico Data Names New Board Member, Promotes Two Executives

IIR

Phil Edmundson joins board; Madison May and Don Zereski take on expanded roles

Posted: Apr 02, 2025

House Majority Leader Scalise to Speak at 2025 Big ‘I’ Legislative Conference

IA Magazine

U.S. House Majority Leader Steve Scalise (R-Louisiana) will be the keynote speaker at the Legislative Conference, which will take place April 30-May 2 in Washington, D.C.

Posted: Apr 02, 2025

MagMutual Revamps Online Learning Center for Policyholders and Agents

IIR

The company says the updated platform provides continuous access to CME content, risk guidance, and regulatory resources to help policyholders improve outcomes.

Posted: Apr 02, 2025

Lucid Insurance raises $300k

coverager

Seven investors participated in the round.

Posted: Apr 02, 2025

People Moves: Pete Anhalt to Lead The General Following Sentry Acquisition

Insurance Journal

Sentry Insurance announced that Pete Anhalt will lead The General following Sentry’s acquisition of the brand from American Family Insurance. Anhalt currently serves as president of Sentry’s Dairyland brand and brings decades of leadershi...

Posted: Apr 02, 2025

People Moves: Anhalt to Lead The General Following Sentry Acquisition

Insurance Journal

Sentry Insurance announced that Pete Anhalt will lead The General following Sentry’s September 2024 acquisition of the brand from American Family Insurance. Anhalt currently serves as president of Sentry’s Dairyland brand and brings decad...

Posted: Apr 02, 2025

Insurance Leaders Raise Record $1.2 million for Charity at IICF Southeast Gala

Insurance Journal

Laura Beckmann of AmRisc honored with 2025 Philanthropic Leadership Award Dallas, TX, April 2, 2025 –The Insurance Industry Charitable Foundation (IICF), a unique nonprofit organization dedicated to helping communities and enriching lives, raised a r...

Posted: Apr 02, 2025

[b]The Insurer’s Guide to Generative AI[/b]

Insurance Thought Leadership

[b]The Insurer’s Guide to Generative AI[/b] ITL Editorial Team Wed, 04/02/2025 - 15:56 ...

Posted: Apr 02, 2025

A Radical Possibility for AI's Future

Insurance Thought Leadership

A Radical Possibility for AI's Future AI & Machine Learning

Posted: Apr 02, 2025

Obie Unveils New Brand to Move Real Estate Investment Insurance Forward

coverager

April 2, 2024 – Chicago, IL  – Obie, the insurance solution built for real estate investors and the professionals who serve them, announced the launch of a new brand identity...

Posted: Apr 02, 2025

Root partners with Hyundai Capital America

coverager

The collaboration is expected to deliver insurance solutions that offer data-driven and competitive rates.

Posted: Apr 02, 2025

Nibbles launches new credit card

coverager

The Nibbles rewards credit card is issued by Lead Bank. 

Posted: Apr 02, 2025

Vivere Partners raises $7.5 million

coverager

The company is led by Chris McKechnie and Sachith Gullapalli.

Posted: Apr 02, 2025

Travelers announces enhanced services for cyber liability customers

coverager

The suite of capabilities are added to all cyber liability policies.

Posted: Apr 02, 2025

Nationwide Ventures backs EVident Battery

coverager

The company develops rapid, non-destructive EV battery pack inspection technology.

Posted: Apr 02, 2025

LogRock raises $8 million

coverager

LogRock is a trucking-focused digital insurance platform.

Posted: Apr 02, 2025

California FAIR Plan Stabilization Act Moving Through Legislature

Insurance Journal

A bill that aims to enable the California FAIR Plan to seek additional claims paying capacity is making its way through state Legislature. Assembly Bill 226, the FAIR Plan Stabilization Act, passed out of the Assembly 72-0. Related: California OKs &#...

Posted: Apr 02, 2025

Global Risk Management Challenge Draws Record Student Participation

Risk & Insurance

Spencer-RIMS Risk Management Challenge draws record participation as student teams tackle climate risks for West Virginia city. The post

Posted: Apr 02, 2025

Collaboration Within Customer Experience Key to the Future of Auto Insurance: Report

Carrier Management

Collaboration Within Customer Experience Key to the Future of Auto Insurance: Report The...

Posted: Apr 02, 2025

Getty Museum to Sell $500 Million of Debt for Fire Protection

Carrier Management

Getty Museum to Sell $500 Million of Debt for Fire Protection One of California's most famed art institutions...

Posted: Apr 02, 2025

Markets/Coverages: CFC Says New Cyber Product Includes 2 Industry Firsts

Insurance Journal

Specialist insurer CFC announced a new cyber product – Cyber Proactive Response (CPR) – aimed at businesses with revenues up to $250 million. CFC said the new product includes two firsts for the cyber insurance industry. Policyholders will not only &...

Posted: Apr 02, 2025

Iowa Man Who Falsified Rolex Watch Claim Sentenced to 10 Years in Prison

Insurance Journal

An Iowa man was sentenced last week to ten years in prison after pleading guilty to Insurance Fraud (Class D Felony) and Fraudulent Practice (Class D Felony), following an investigation conducted by the Iowa Insurance Division’s Fraud Bureau. B...

Posted: Apr 02, 2025

Supreme Court Largely Backs FDA on Flavored Vapes

Insurance Journal

The US Supreme Court largely sided with the Food and Drug Administration in its rejection of applications to sell flavored vaping products, backing actions the agency took during Joe Biden’s presidency amid uncertainty about the approach it wil...

Posted: Apr 02, 2025

TDI to Adopt 11.5% Workers’ Comp Rate Decrease

Insurance Journal

The Texas Department of Insurance said in a March 28 bulletin that it accepted the National Council on Compensation Insurance (NCCI) advisory loss cost filing proposal of an overall average decrease of 11.5% to the current loss cost level. The &#8230...

Posted: Apr 02, 2025

Florida’s Universal P&C Overstated Claims to Cat Fund, Must Pay $4M Fine, AG Says

Insurance Journal

The Florida Hurricane Catastrophe Fund will not have to pay some $30 million to Universal Property & Casualty Insurance Co., after the carrier settled a civil suit that alleged the insurer had backdated claims to boost reimbursement from the fund...

Posted: Apr 02, 2025

Chipotle to Settle Kansas Religious Harassment Lawsuit

Insurance Journal

National restaurant chain Chipotle Services, Inc. will pay $20,000 and furnish other relief to settle a U.S. Equal Employment Opportunity Commission (EEOC) religious harassment, retaliation, and constructive discharge lawsuit, the federal agency anno...

Posted: Apr 02, 2025

Severe Storm Threatens Central US With Heavy Rains, Tornadoes

Insurance Journal

Heavy rain, severe thunderstorms and the risk of tornadoes are threatening more than 40 million people from Michigan to Texas as a slow-moving cold front hovers over the region. There’s a rare high risk for damaging winds and long-lasting power...

Posted: Apr 02, 2025

Judge Declines to Force FEMA to Release Funds to Upgrade U.S. Emergency Alert System

Carrier Management

Judge Declines to Force FEMA to Release Funds to Upgrade U.S. Emergency Alert System Last month, a fede...

Posted: Apr 02, 2025

Aon expects over $7.5bn of additional US property cat reinsurance demand at mid-year renewals

Reinsurance News

As reinsurance capital continues to grow and keep pace with increasing demand from buyers, broking group Aon’s Reinsurance Solutions arm expects more than $7.5 billion of additional US property catastrophe limit demand at the mid-year renewa...

Posted: Apr 02, 2025

Berkshire (BHSI) promotes Gormley to Country Manager and Reddin to Head of E&P, Ireland

Reinsurance News

Berkshire Hathaway Specialty Insurance (BHSI), a provider of commercial property, casualty, and specialty insurance solutions, has appointed Caoimhe Gormley as Country Manager and Ciaran Reddin as Head of Executive & Professional (E&P) Lin...

Posted: Apr 02, 2025

Firm Issued Fake insurance for Russian Oil Tankers, Norway’s Regulator Says

Insurance Journal

The insurance issued to dozens of aging oil tankers used by Russia to skirt international sanctions was bogus, according to Norwegian authorities now investigating the small firm behind the forged documents. Norway-registered Romarine AS purported to...

Posted: Apr 02, 2025

Norway Says Firm Issued Fake Insurance for Russian Oil Tankers. One Company Claimed it Was Registere...

Insurance Journal

The insurance issued to dozens of aging oil tankers used by Russia to skirt international sanctions was bogus, according to Norwegian authorities now investigating the small firm behind the forged documents. Norway-registered RO Marine AS, purported...

Posted: Apr 02, 2025

Firm Issued Fake Insurance for Russian Oil Tankers, Norway’s Regulator Says

Insurance Journal

The insurance issued to dozens of aging oil tankers used by Russia to skirt international sanctions was bogus, according to Norwegian authorities now investigating the small firm behind the forged documents. Norway-registered Romarine AS purported to...

Posted: Apr 02, 2025

11 InsurTechs join Lloyd’s Lab Accelerator programme

Reinsurance News

Insurance and reinsurance marketplace Lloyd’s has revealed the 11 InsurTechs that have secured a place in the 14th Cohort of the Lloyd’s Lab Accelerator programme. The teams chosen include Faura, Satva Trust, QualRisk, Ocean Ledger, No...

Posted: Apr 02, 2025