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Investigation Into Florida Condo Collapse Is Expected to Finish in 2026

Insurance Journal

More than four years after a Florida condominium collapse killed 98 people, federal investigators have yet to make a final determination of the cause — but they do have some leading theories. The National Institute of Standards and Technology, the &#...

Posted: Jun 30, 2025

Iconic NC Tourist Attraction Reopens as Governor Signs Helene Relief Plan

Insurance Journal

An iconic tourist attraction in an area of western North Carolina among the hardest hit by Hurricane Helene reopened to the public on Friday, nine months after the storm brought historic flooding, destruction and loss of life. North Carolina Gov. &#8...

Posted: Jun 30, 2025

Two More Insurers Enter Florida Market as Hurricane Season Warms Up

Insurance Journal

Two more property insurers have put their toes in the Florida market this summer, bringing to 14 the number of new carriers in the state since 2023. It’s another sign that legislative discouragement of claims litigation has made a difference &#...

Posted: Jun 30, 2025

People Moves: Leclair Joins Alliant Insurance Services in Phoenix

Insurance Journal

Alliant Insurance Services hired Jordan Leclair as vice president. The Phoenix, Arizona-based benefits consultant joins Alliant with a background spanning healthcare, HR technology and employee benefits. Leclair has experience supporting organization...

Posted: Jun 30, 2025

Addresscloud to enhance data delivery for insurers with Martin’s appointment

Reinsurance News

Addresscloud, a geocoding and property intelligence expert, has announced the appointment of Tim Martin as Data Director, a move that reinforces the company’s commitment to delivering best-in-class location intelligence to the insurance sector. In...

Posted: Jun 30, 2025

Cannabis Retailers Must Face College Athlete’s Psychosis Claims

Insurance Journal

A former champion college athlete and aspiring Olympian known for his prowess in track and field events has advanced his lawsuit that blames cannabis retailers for his cannabis-induced psychosis that led to a suicide attempt. A New Jersey state judge...

Posted: Jun 30, 2025

Q&A: Rethinking Equipment Breakdown Reinsurance in a Shifting Market

Risk & Insurance

With inflation, supply-chain issues, and tech shifts, equipment breakdown reinsurance is regaining focus. Matt Stambaugh of Travelers BoilerRe shares how these forces are driving carriers to rethink strategies. The post

Posted: Jun 29, 2025

Erie Insurance Restores Online Access for Customers; Still Working on Other Systems

Insurance Journal

Erie Insurance has reported that online account access for customers has been restored in the latest update on its recovery from its network outage. The online bill pay portal is also available. The insurer said the network and system outage …

Posted: Jun 29, 2025

Riskonnect partners with MAPTYCS

coverager

The partnership helps organizations better assess and manage climate-related risks.

Posted: Jun 28, 2025

College Athletes Making Big Money Concern Team Physicians Wary of Greater Liability Risk

Carrier Management

College Athletes Making Big Money Concern Team Physicians Wary of Greater Liability Risk The profession...

Posted: Jun 27, 2025

Water Quality Threatened for up to 8 Years After Wildfires

Carrier Management

Water Quality Threatened for up to 8 Years After Wildfires A newly released study of 100,...

Posted: Jun 27, 2025

Automakers Want US to Move Faster on Self-Driving Car Rules

Carrier Management

Automakers Want US to Move Faster on Self-Driving Car Rules Major automa...

Posted: Jun 27, 2025

EverPeak launches in 11 new states

coverager

Coverage is exclusively through Attune’s platform.

Posted: Jun 27, 2025

Lockton names Nick Serrault US COO

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Serrault brings nearly 20 years of experience, including nearly a decade of leadership experience at Lockton.

Posted: Jun 27, 2025

SuperDial raises $15 million

coverager

The debt and equity series A round was led by SignalFire, with participation from Slow Ventures, BoxGroup, and Scrub Capital.

Posted: Jun 27, 2025

INSight Capital raises $6.3 million

coverager

INSight Capital is positioning itself as a modern capital and succession planning partner for independent agencies, particularly in the Midwest.

Posted: Jun 27, 2025

Arkel adds landlords product to Acturis platform

coverager

Premier Let is now available across all major software house platforms, streamlining access for brokers.

Posted: Jun 27, 2025

Casey Mungall promoted to Chief Risk Officer at Amerisure

coverager

Amerisure is a US-based commercial property and casualty insurer that specializes in serving the construction, manufacturing, and healthcare industries.

Posted: Jun 27, 2025

Marsh launches Cyber Unity

coverager

Cyber Unity is a new insurance facility for organizations across the European Union, as well as in Israel, Norway, Serbia, and Turkey.

Posted: Jun 27, 2025

NIC Premium Finance Partners with ePayPolicy’s Finance Connect

coverager

With ePayPolicy’s latest feature release, Finance Connect, NIC Premium Finance can now offer "Buy Now, Pay Later" convenience to insureds paying premiums online.

Posted: Jun 27, 2025

Protected: New Jersey WCMCO vs MCO

Risk & Insurance

There is no excerpt because this is a protected post. The post Protected: New Jersey WCMCO vs MCO appeared first on Risk &amp...

Posted: Jun 27, 2025

QUALITY MATTERS

Rough Notes

Buyers are more discerning, capital is more expensive, and growth expectations are higher Opportunities abound for smaller firms to acquire local agencies that no longer fit the investment thesis of larger brokers. By James Graham, CVA Market timing...

Posted: Jun 27, 2025

M&A insurance payouts hit record highs in 2024, driven by R&W claims: Aon

Reinsurance News

Mergers & Acquisitions (M&A) insurance claims payouts have surged in recent years, with 2024 marking the highest year on record for M&A insurance payouts, according to a recent Aon study. The research highlights a significant increase...

Posted: Jun 27, 2025

Michigan Paper Manufacturer Agrees to $300K Settlement Over PFAS Contamination

Insurance Journal

Michigan Attorney General Dana Nessel announced a settlement agreement with Domtar Industries, LLC and E.B. Eddy Paper, Inc. (together, Domtar) to address releases of per- and polyfluoroalkyl substances (PFAS) at the Techni-Comp, Inc. composting site...

Posted: Jun 27, 2025

Search Ends for 1950 Lake Michigan Plane Crash That Killed 58 People

Insurance Journal

A group is ending a 20-year search for a plane that crashed into Lake Michigan in 1950, killing all 58 people on board, after sweeping the vast body of water using sonar technology and even getting support from an acclaimed …

Posted: Jun 27, 2025

LexisNexis Risk Solutions introduces new commercial property risk assessment tool

Reinsurance News

LexisNexis Risk Solutions, a provider of data and analytics for the insurance industry, has released LexisNexis Location Intelligence for Commercial, a tool aimed at improving the assessment of commercial property risks during underwriting and pol...

Posted: Jun 27, 2025

Triple-I Says Payments on Lightning Claims Dropped 16.5% in 2024

Insurance Journal

Insurers in the U.S. paid out about $1 billion in claims for lightning-related damage in 2024, down 16.5% from the amount paid in 2023, according to the Insurance Information Institute (Triple-I). The tally was $1.04 billion in 2024 compared to &#823...

Posted: Jun 27, 2025

Hurricane Erick insured losses expected to be contained: AM Best

Reinsurance News

Insured losses from Mexico’s Hurricane Erick, which made landfall last week, are expected to be contained, with parametric insurance contracts unlikely to be triggered, according to a recent report by AM Best. Hurricane Erick made landfall last Th...

Posted: Jun 27, 2025

People Moves: MS Amlin Taps Nilsson From Talbot as Political Violence Underwriter; Allianz Commercia...

Insurance Journal

This edition of International People Moves details appointments at insurers MS Amlin and Allianz Commercial. A summary of these new hires follows here. MS Amlin Taps Nilsson From Talbot as Political Violence Underwriter MS Amlin, the Lloyd’s re...

Posted: Jun 27, 2025

Siddharth Deosthalee appointed CFO of Howden India

Reinsurance News

Howden, the global insurance and reinsurance broking group, has appointed Siddharth Deosthalee as the Chief Financial Officer (CFO) of India, based in Mumbai. Until April 2025, Deosthalee was the Vice President of Finance for Peepul Tree, a role h...

Posted: Jun 27, 2025

A Paradigm Shift for Water Leak Sensors

Insurance Thought Leadership

A Paradigm Shift for Water Leak Sensors IOT fishman@theins… Fri, 06/27/2025 - 09:41 ...

Posted: Jun 27, 2025

Reputation Risk Can Overshadow Ransom in Cyberattacks, Aon Says

Insurance Journal

The cost of a cyberattack extends far beyond any immediate mitigation expenses or ransoms paid. Reputational costs and dipping stock values can be a significant portion of losses, according to the new Aon Global 2025 Cyber Risk Report. Reputation ris...

Posted: Jun 27, 2025

Steven Goldman Appointed Global Head of Distribution at Ascot

Risk & Insurance

The latest people news in the industry today. The post Steven Goldman Appointed Global Head of Distribution at Ascot appeared first on...

Posted: Jun 27, 2025

James Ferris Named CEO of Davies’ Captive Management Business

Risk & Insurance

The latest people news in the industry today. The post James Ferris Named CEO of Davies’ Captive Management Business appeared fir...

Posted: Jun 27, 2025

Elizabeth Geary Appointed President and CEO of North America P&C at Tokio Marine HCC

Risk & Insurance

The latest people news in the industry today. The post Elizabeth Geary Appointed President and CEO of North America...

Posted: Jun 27, 2025

Oregon Legislature Repeals Contested Wildfire Hazard Map

Insurance Journal

Oregon lawmakers have voted to repeal the state’s contentious wildfire hazard map, which subjected homeowners in certain areas at high risk of wildfires to stricter building codes and requirements to reduce vegetation on their properties. The m...

Posted: Jun 27, 2025

Personal auto drives major recovery in US P&C underwriting for 2024: AM Best

Reinsurance News

The US property and casualty (P&C) insurance sector experienced a significant recovery in 2024, according to AM Best, the credit rating agency. In its latest report, AM Best highlights a $31 billion improvement in the personal auto line of bus...

Posted: Jun 27, 2025

China Bans Uncertified and Recalled Power Banks on Planes

Insurance Journal

China’s aviation regulator will from Saturday ban passengers from carrying power banks without Chinese safety certification markings, as well as those recently recalled by manufacturers because of safety concerns. The move, which applies to any...

Posted: Jun 27, 2025

Kingsley Flynn Appointed Chairman at Fenchurch to Guide North American Expansion

Risk & Insurance

The latest people news in the industry today. The post Kingsley Flynn Appointed Chairman at Fenchurch to Guide North Am...

Posted: Jun 27, 2025

Willful Misconduct Alone Not Enough to Deny Workers’ Compensation

Insurance Journal

A city of Danville employee is being given another opportunity to gain workers’ compensation benefits after a deputy commissioner denied his claim because of the employee’s willful misconduct in not following driver safety rules at work....

Posted: Jun 27, 2025

Favourable conditions for US commercial insurance buyers amid economic uncertainty: Lockton

Reinsurance News

For US commercial insurance buyers, the current landscape is arguably the most favourable in the past five to six years, however, economic uncertainty abounds, with potential ripple effects on the insurance market, according to the latest Lockton...

Posted: Jun 27, 2025