All Posts
Posted: Apr 01, 2025
Headline reinsurance rate changes in Japan at the April 1st renewals show “accelerate softening” when compared to the major international renewals at January 1st, with more capacity and optionality for buyers a clear trend, as traditio...
Posted: Apr 01, 2025
Willis, a WTW business, has revealed that health and safety risks remain a leading priority for directors and officers across the globe. According to the latest Directors and Officers Liability Insurance Survey, 80% of respondents consider these r...
Posted: Apr 01, 2025
A U.S. judge has blocked the Trump administration and Elon Musk’s Department of Government Efficiency from pursuing efforts to dismantle the Consumer Financial Protection Bureau, the latest rebuke from the courts in the White House’s effo...
Posted: Apr 01, 2025
Kennedys IQ, the client-facing technology division of Kennedys Law LLP, has launched Kennedys IQ SmartRisk, a pioneering neuro-symbolic AI solution designed to transform risk analysis within the insurance industry. This innovative tool, described...
Posted: Apr 01, 2025
Japan risk-adjusted catastrophe excess-of-loss (XoL) rates on-line saw reductions of 10-15% at the April 1st, 2025, reinsurance renewals, as pricing “eased from a high base” as sellers looked to protect or grow positions while buyers l...
Posted: Apr 01, 2025
BOXX Insurance, a cyber insurance and protection company, has announced a new organisational structure, including the appointment of a new Canadian President, Jonathan Weekes. Neal Jardine will be joining Weekes team as Global Cyber Intelligence a...
Posted: Apr 01, 2025
A relative newcomer to the personal lines space—Lemonade—marked a milestone this week, announcing that it surpassed $1 billion of in force premiums, a measure of annualized premiums that the insurtech tracks on a regular basis. But the number of rent...
Posted: Apr 01, 2025
Even if you’re not in the market for a new car, U.S. President Donald Trump’s 25% tariffs on auto imports could make owning one more expensive. The new taxes, which are set to begin April 3 and expand in the …
Posted: Apr 01, 2025
Even if you’re not in the market for a new car, U.S. President Donald Trump’s 25% tariffs on auto imports could make owning one more expensive. The new taxes, which are set to begin April 3 and expand in the …
Posted: Apr 01, 2025
Rumors of the demise of asphalt shingles in Florida are greatly exaggerated. Asphalt shingles provide a great, cost-effective option for consumers. But in recent weeks, groups with varying interests and motivations — including those who sell roofing...
Posted: Apr 01, 2025
The fate of a bill that would modify South Carolina’s joint-and-several liability law now rests with the state House of Representatives after the state Senate last week approved the measure following weeks of heated debate. “We’re f...
Posted: Apr 01, 2025
Japanese life insurer Nippon Life Group backed venture capital fund, AllegisNL Capital, which invests in insurtechs, has provided funding to Lazarus AI. The funds aim to further Lazarus AI’s technology to expand its reach into the Japanese i...
Posted: Apr 01, 2025
A California bill requiring insurers to provide a notice to homeowners before conducting an inspection with aerial imaging is set for a committee hearing on Wednesday. Assembly Bill 75 requires insurers to provide a notice to homeowners at least 30 &...
Posted: Apr 01, 2025
The Massachusetts seven-year statute of repose for medical malpractice claims does not shield professionals against separate acts of negligent treatment that allegedly occurred in the years after a disputed medical event more than seven years ago. Th...
Posted: Apr 01, 2025
Nevada gaming regulators have issued a $10.5 million fine against the Resorts World casino on the Las Vegas Strip over allegations of illegal gambling, many of which centered on a bookmaker with ties to the interpreter for baseball star Shohei …...
Posted: Apr 01, 2025
Nevada gaming regulators have issued a $10.5 million fine against the Resorts World casino on the Las Vegas Strip over allegations of illegal gambling, many of which centered on a bookmaker with ties to the interpreter for baseball star Shohei …...
Posted: Apr 01, 2025
Virginia now has a law on the books that will require that cars of reckless drivers be equipped with technology that prohibits them from exceeding speed limits. The new law (HB2096), which will not be effective until July 2026, requires …
Posted: Apr 01, 2025
Virginia now has a law on the books that will require that cars of reckless drivers be equipped with technology that prohibits them from exceeding speed limits. The new law (HB2096), which will not be effective until July 2026, requires …
Posted: Apr 01, 2025
A former New York City Fire Department chief will spend 20 months behind bars after admitting to taking thousands of dollars of bribes in exchange for preferential treatment on building inspections and approvals. Brian Cordasco, a chief in the Bureau...
Posted: Apr 01, 2025
Relatives of a man who died when a sightseeing helicopter crashed and sank in a New York City river have settled a lawsuit for $90 million, agreeing to reduce a jury award in order to foreclose appeals and end the …
Posted: Apr 01, 2025
As cyber exposures evolve along with advancing technology, businesses and their insurers will need to work closely together to strengthen security, fine-tune coverage, and stay ahead of emerging risks. The post
Posted: Mar 31, 2025
Tips for managing costs and outcomes in a state where expenses can track above the national average. The post
Posted: Mar 31, 2025
'The AI Will See You Now' PaulCarroll Mon, 03/31/2025 - 21:01 My introduction to psychology ca...
Posted: Mar 31, 2025
Elephant will provide resources, education, and innovative solutions to the Independent Insurance Agents of Virginia as a Platinum Level Associate Member.
Posted: Mar 31, 2025
The acquisition will accelerate performance by expanding into specialized businesses that align with the company’s technical, industry-structured and expertise-driven growth plan.
Posted: Mar 31, 2025
Díaz Gridilla’s appointment follows the retirement of Alfredo Muñoz after 27 years at MAPFRE.
Posted: Mar 31, 2025
The change follows an August 2024 announcement about narrowing its focus.
Posted: Mar 31, 2025
Emergency Travel Expense Reimbursement is not available in New York.
Posted: Mar 31, 2025
The U.S. Federal Trade Commission is concerned about the potential sale or transfer of Americans’ personal information by 23andMe ancestry testing company which recently filed for bankruptcy, the agency’s chairman said on Monday. Any purc...
Posted: Mar 31, 2025
One-Third of U.S. Workers Report Rising Burnout: Survey Nearly 36 percent of professionals in the U.S. repo...
Posted: Mar 31, 2025
Transactional risk insurance market hits record highs as M&A activity rebounds across North America, Marsh reports. The post M&A Insurance Market...
Posted: Mar 31, 2025
RYZE Claim Solutions, a full-service claims management provider, announced its acquisition of Acorn Claims, a Springfield, Missouri-based firm specializing in daily and catastrophe claims services nationwide. RYZE said the transaction further support...
Posted: Mar 31, 2025
Norfolk Southern wants two other companies to help pay for the $600 million class-action settlement it agreed to over its disastrous 2023 train derailment near the Ohio-Pennsylvania border and the toxic chemicals that were released and burned. The ra...
Posted: Mar 31, 2025
Drenching rain along the Texas-Mexico border let up Friday, but rescues were still ongoing a day after severe storms trapped residents in their homes, forced drivers to abandon their vehicles on flooded roads and shut down an airport. Local officials...
Posted: Mar 31, 2025
Are you a young insurance agent, 40 years old or younger? Do you know a young insurance agent? This is the final call for participating in this year’s Young Insurance Agents Opinion Survey! The deadline for participating is April 1. …
Posted: Mar 31, 2025
When Leslie Stewart moved to her home in a rural expanse of Lincoln County outside of Oklahoma City more than 20 years ago, she thought she’d found a slice of heaven. In a town of fewer than 700 people, her …
Posted: Mar 31, 2025
About a year into the litigation between American International Group and startup Dellwood Insurance Group, a federal judge will allow much of AIG’s lawsuit to proceed against its newest potential competitor in the excess and surplus market. Ju...
Posted: Mar 31, 2025
Global re/insurance broking group Aon has named Soeren Soltysiak as Asia Chief Executive Officer (CEO), Reinsurance Solutions, alongside a number of other appointments designed to elevate its reinsurance leadership in the Asia Pacific (APAC) regio...
Posted: Mar 31, 2025
Both Pannala and Hawkins report directly to The Hartford’s Chairman and CEO Christopher Swift, effective immediately.
Posted: Mar 31, 2025
State Farm’s most recent estimate of direct losses from the fires stands at approximately $7.6 billion.
Posted: Mar 31, 2025
Founded in 2018, Roots has a team of 122 and has raised $43.95 million, with backing from Liberty Mutual.
Posted: Mar 31, 2025
Command is a Florida-based provider of insurance investigation services.
Posted: Mar 31, 2025
The partnership will enable Allianz Partners to expand its product offerings.
Posted: Mar 31, 2025