All Posts

Virginia Will Require Speed Limiting Devices on Reckless Drivers’ Cars

Insurance Journal

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 Bill Requires Speed Limiting Devices on Reckless Drivers’ Cars

Insurance Journal

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

Ex-FDNY Chief Gets 20 Months Over Bribes to Expedite Inspections

Insurance Journal

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

$90 Million Settlement Reached Over Deadly 2018 New York Helicopter Crash

Insurance Journal

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

How Insurance is Adapting to the Shifting Cyber Landscape

Risk & Insurance

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

New Jersey Workers’ Compensation Medical Cost Trends in 2024. How to Improve the Trend

Risk & Insurance

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'

Insurance Thought Leadership

'The AI Will See You Now' PaulCarroll Mon, 03/31/2025 - 21:01 My introduction to psychology ca...

Posted: Mar 31, 2025

Elephant Insurance Drives Growth with Commitment to IIAV

IIR

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

WTW acquires Michigan-based Global Commercial Credit

IIR

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

Carlos Díaz Gridilla Named General Manager of MAPFRE Inmuebles

IIR

Díaz Gridilla’s appointment follows the retirement of Alfredo Muñoz after 27 years at MAPFRE.

Posted: Mar 31, 2025

Main Street America announces brand refresh

coverager

The change follows an August 2024 announcement about narrowing its focus.

Posted: Mar 31, 2025

Goosehead gets access to GEICO

coverager

Emergency Travel Expense Reimbursement is not available in New York.

Posted: Mar 31, 2025

FTC Concerned About Privacy Protections in 23andMe Bankruptcy

Insurance Journal

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

Andrew Sullivan begins his new role today

coverager

Sullivan joined Prudential in 2011.

Posted: Mar 31, 2025

One-Third of U.S. Workers Report Rising Burnout: Survey

Carrier Management

One-Third of U.S. Workers Report Rising Burnout: Survey Nearly 36 percent of professionals in the U.S. repo...

Posted: Mar 31, 2025

M&A Insurance Market Grows Amid Deal Recovery

Risk & Insurance

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 Acquires Missouri’s Acorn Claims

Insurance Journal

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

Trial to Determine Who Will Pay $600M in Norfolk Southern Ohio Derailment

Insurance Journal

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

Severe Storms Ravage South Texas, Leaving 3 Dead and Hundreds Stranded

Insurance Journal

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

Young Agents: Last Chance to Share Your Thoughts on Insurance Industry

Insurance Journal

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

Oklahoma Lawmaker Seeks Statewide Ban on Sewage Sludge Use

Insurance Journal

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

AIG Can Continue Trade Secret Theft Allegations Against Dellwood

Insurance Journal

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

Aon appoints leaders to new APAC roles including CEO of Asia Reinsurance Solutions

Reinsurance News

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

The Hartford expands roles for two key executives

coverager

Both Pannala and Hawkins report directly to The Hartford’s Chairman and CEO Christopher Swift, effective immediately.

Posted: Mar 31, 2025

State Farm pays out over $2.5 billion for CA wildfire claims

coverager

State Farm’s most recent estimate of direct losses from the fires stands at approximately $7.6 billion.

Posted: Mar 31, 2025

Roots drops ‘Automation’ in rebrand

coverager

Founded in 2018, Roots has a team of 122 and has raised $43.95 million, with backing from Liberty Mutual.

Posted: Mar 31, 2025

Incline acquires Command Investigations

coverager

Command is a Florida-based provider of insurance investigation services.

Posted: Mar 31, 2025

Allianz Partners New Zealand has teamed up with Mitsui Sumitomo Insurance

coverager

The partnership will enable Allianz Partners to expand its product offerings.

Posted: Mar 31, 2025

Allianz Partners UK renews roadside assistance deal with Volvo Car UK

coverager

The partnership supports Volvo’s push into electric vehicles.

Posted: Mar 31, 2025

Chime Enterprise launches Chime Workplace

coverager

Chime Enterprise is the enterprise division of digital banking startup Chime.

Posted: Mar 31, 2025

Rocket to acquire Mr. Cooper

coverager

Sullivan joined Prudential in 2011.

Posted: Mar 31, 2025

From Repairs to Insurance, Auto Tariffs Could Make Owning a Car More Expensive

Carrier Management

From Repairs to Insurance, Auto Tariffs Could Make Owning a Car More Expensive Even if you're not in th...

Posted: Mar 31, 2025

Protection Gap Expected to Worsen Across All Lines of Insurance Through 2030: Bain & Co.

Carrier Management

Protection Gap Expected to Worsen Across All Lines of Insurance Through...

Posted: Mar 31, 2025

EU Agencies Seek to Cut Red Tape in €1.2 Trillion ABS Market

Insurance Journal

European financial authorities are exploring ways to streamline oversight of the €1.2 trillion ($1.3 trillion) asset-backed securities market and simplify reporting requirements, according to a report that offers recommendations for policymakers. The...

Posted: Mar 31, 2025

MS Amlin Opens Australia Branch, Taps Aon Re Exec as Head of Australia, New Zealand

Insurance Journal

MS Amlin, the Lloyd’s global re/insurer, announced the opening of an Australian branch office in Sydney, subject to Lloyd’s approval. Leading the branch office is Matt Botfield who has been named head of Australia and New Zealand. The off...

Posted: Mar 31, 2025

Everest appoints Joe Fobert as Head of US Retail Casualty & Industry Practices

Reinsurance News

Global insurance and reinsurance firm Everest has announced the appointment of Joe Fobert as Head of U.S. Retail Casualty and Industry Practices for Everest Insurance. In his new role, Fobert will report to William Hazelton, Executive Vice Preside...

Posted: Mar 31, 2025

Conduit Re CEO Carvey to Retire; Company Announces Plans to Buy More Retro Cover

Insurance Journal

Conduit Re’s Chief Executive Officer Trevor Carvey has a decided to step down and retire with effect on April 11, according to the reinsurer’s parent company CHL. At the same time, the company announced a trading update with a stated &#82...

Posted: Mar 31, 2025

Ukrainian companies start to benefit from Aon & EBRD fully operational war risk insurance facility

Reinsurance News

Now fully operational, the Ukraine Recovery and Reconstruction Guarantee Facility (URGF) is enabling companies operating in Ukraine to access a wider range of war risk insurance options. The URGF was launched by Aon and the European Bank for Recon...

Posted: Mar 31, 2025

The Hartford appoints new executives and restructures technology and operations divisions

Reinsurance News

The Hartford, a provider of insurance and financial services, has announced significant changes within its executive team and the introduction of a new organisational structure for its Technology and Operations functions. Shekar Pannala has been a...

Posted: Mar 31, 2025

More Tort Reform: Georgia Lawmakers Put Limits on Litigation Financing

Insurance Journal

A second part of Georgia Gov. Brian Kemp’s campaign to limit lawsuits and large verdicts won approval Thursday from the state House of Representatives. The full tort reform package should be ready for the governor’s signature in coming we...

Posted: Mar 31, 2025

California OKs Increase in FAIR Plan Commercial Property Coverage Limits

Insurance Journal

California Insurance Commissioner Ricardo Lara approved a filing from the California FAIR Plan Association to increase commercial property coverage limits. Related: New Fire Maps Put Nearly 4M Californians in Hazardous Zones The approval increases th...

Posted: Mar 31, 2025