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Triple-I’s 2024 Annual Report Underscores Commitment to Education, Research and Member Value

Insurance Information Institute

For Immediate Release  Loretta Worters New York Press Office 917-208-8842 [email protected]      MALVERN, Pa., March 31, 2025 — The Insurance Information Institute (Triple-I) has published its 2024 Annual Report, Now More Than Ever, highlighting the o...

Posted: Mar 30, 2025

Guardian Expands Individual Products to Increase Access

IIR

Amid rapid growth in retiree and gig worker populations, Guardian is broadening key insurance offerings available directly to consumers to support mind, body, and wallet wellness.

Posted: Mar 30, 2025

Swiss Re Launches End-to-End Digital Claims Management System

IIR

Building on the ACE digital claims portal and the CARE automated decisioning engine, the solution brings all aspects of claims management under one intelligent, user-friendly platform.

Posted: Mar 30, 2025

AI Can Fix Everything in Insurance

IIR

There is no question of whether AI can improve insurance but rather which functions, how extensively and when.

Posted: Mar 30, 2025

How AI Is Transforming Insurance Sales

Insurance Thought Leadership

How AI Is Transforming Insurance Sales Agent & Broker

Posted: Mar 30, 2025

Oracle Warns Health Customers of Patient Data Breach

Insurance Journal

Hackers broke into Oracle Corp.’s computer systems and stole patient data in an attempt to extort multiple medical providers in the US, according to a person familiar with the matter and a notification the software company sent to clients. Earl...

Posted: Mar 30, 2025

How AI Can Boost Insurers' Operational Efficiency

Insurance Thought Leadership

How AI Can Boost Insurers' Operational Efficiency AI & Machine Learning

Posted: Mar 30, 2025

Renters Insurance Develops a Split Personality

Insurance Thought Leadership

Renters Insurance Develops a Split Personality Personal Lines

Posted: Mar 30, 2025

Northwestern Mutual plans to add 5,000 financial professionals in 2025

coverager

The firm currently serves over 5 million clients.

Posted: Mar 30, 2025

XN Captive raises $11.5 million

coverager

According to LinkedIn, XN Captive has a team of 12 and is backed by Caffeinated Capital.

Posted: Mar 30, 2025

Mutual Capital Group announces closing of all-cash merger with ICC Holdings

coverager

The transaction is valued at ~$73.8 million.

Posted: Mar 30, 2025

Abacus Life rebrands

coverager

Funding will support Philadelphia Accelerator Fund.

Posted: Mar 30, 2025

Patra expands employee benefits capabilities

coverager

The new offering includes flexible financial models for benefits platforms.

Posted: Mar 29, 2025

XPT Specialty welcomes Steve Kass as executive partner in P&C

coverager

XPT Specialty is a wholesale brokerage.

Posted: Mar 29, 2025

IRC Finds 1 in 3 U.S. Drivers Are Either Uninsured or Underinsured

Carrier Management

IRC Finds 1 in 3 U.S. Drivers Are Either Uninsured or Underinsured New analysis by the Insurance...

Posted: Mar 28, 2025

State Farm Has Paid out $2.5 Billion for LA Wildfires

Insurance Journal

State Farm has reported paying out $2.5 billion for the Los Angeles wildfires in January, more than double what the carrier reported paying out weeks earlier. “As of March 28, we’ve received more than 12,300 total claims related to the &#...

Posted: Mar 28, 2025

State Farm Has Paid Out $2.5 Billion for LA Wildfires

Insurance Journal

State Farm has reported paying out $2.5 billion for the Los Angeles wildfires in January, more than double what the carrier reported paying out weeks earlier. “As of March 28, we’ve received more than 12,300 total claims related to the &#...

Posted: Mar 28, 2025

Argo Group International Holdings Names Chris Donahue Chief Executive Officer

Risk & Insurance

The latest people news in the industry today. The post Argo Group International Holdings Names Chris Donahue Chief Executi...

Posted: Mar 28, 2025

Lara Martiner Named Global Head of Alternative Risk Transfer at Allianz Commercial

Risk & Insurance

The latest people news in the industry today. The post Lara Martiner Named Global Head of Alternative Risk Transfer a...

Posted: Mar 28, 2025

Tobias Cushing Appointed Deputy Chief Underwriting Officer at Zurich North America

Risk & Insurance

The latest people news in the industry today. The post Tobias Cushing Appointed Deputy Chief Underwriting Officer at...

Posted: Mar 28, 2025

Marsh Names Adam Russell Head of Global Wholesale, Global Placement Division

Risk & Insurance

The latest people news in the industry today. The post Marsh Names Adam Russell Head of Global Wholesale, Global Placement D...

Posted: Mar 28, 2025

IRC Finds 1 in 3 Drivers Are Either Uninsured or Underinsured in the U.S.

Carrier Management

IRC Finds 1 in 3 Drivers Are Either Uninsured or Underinsured in the U.S. New analysis by the Ins...

Posted: Mar 28, 2025

Automakers, Tech Industry Urge Trump to Speed Self-Driving Car Deployment

Carrier Management

Automakers, Tech Industry Urge Trump to Speed Self-Driving Car Deployme...

Posted: Mar 28, 2025

China Re’s net profit up ~91% in 2024

Reinsurance News

China Re, the country’s state-owned reinsurance company, reported a net profit of RMB 11,080,440 million (USD 1.53bn) for the year ended 31 December 2024, marking a roughly 91% increase from RMB 5,790,593 million (USD 797m) recorded the same perio...

Posted: Mar 28, 2025

AM Best Removes Negative Implications, Expects Continued Profitability for Pie Insurance

Insurance Journal

AM Best has removed from under review with negative implications and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of The Pie Insurance Company (Columbus, OH) and its p...

Posted: Mar 28, 2025

AM Best Removes Pie Insurance From Review With Negative Implications

Insurance Journal

AM Best has removed from under review with negative implications and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of The Pie Insurance Company (Columbus, OH) and its p...

Posted: Mar 28, 2025

MS&AD Insurance Group Announces Merger of 2 Non-Life Subsidiaries

Insurance Journal

MS&AD Insurance Group Holdings Inc. announced it will merge two of its non-life insurance company subsidiaries – Mitsui Sumitomo Insurance Co. Ltd. and Aioi Nissay Dowa Insurance Co. Ltd. The aim of the merger is to build a more robust …

Posted: Mar 28, 2025

Concerns Raised Over Contamination of Farm Fields with PFAS-laden Biosolids

Insurance Journal

What goes down your toilet can end up on farm fields across the United States. Biosolids, or sewage sludge, are the solid byproducts of the wastewater treatment process. Rich in nutrients, they can be used as fertilizer on agricultural fields …

Posted: Mar 28, 2025

Concerns Raised Over Contamination of Farm Fields With PFAS-Laden Biosolids

Insurance Journal

What goes down your toilet can end up on farm fields across the United States. Biosolids, or sewage sludge, are the solid byproducts of the wastewater treatment process. Rich in nutrients, they can be used as fertilizer on agricultural fields …

Posted: Mar 28, 2025

RYZE Claim Solutions Acquires Texas’ Leading Edge

Insurance Journal

RYZE Claim Solutions, a full-service claims management company, announced the acquisition of Leading Edge Claims Service, a firm based in Southlake, Texas. This strategic move further strengthens RYZE’s position in the industry, reinforcing its...

Posted: Mar 28, 2025

Weather Service Merges Units as Staffing Pressure Rises

Insurance Journal

The US National Weather Service will merge two of its largest forecasting units as it prepares for the loss of as many as 1,000 staffers. Employees were encouraged to take early retirements asa handful of consolidations were announced during an &#823...

Posted: Mar 28, 2025

A Comprehensive Guide to Outcomes-Based Networks

Risk & Insurance

Learn how Coventry's Outcomes-based Network (OBN) uses data to identify top providers, reducing costs, claim durations, and improving return-to-work outcomes for workers' compensation payers. The post

Posted: Mar 28, 2025

Texas Investigating Medicaid Insurer Accused of Spying on Citizens

Insurance Journal

Texas Attorney General Ken Paxton announced Thursday that he has launched an investigation into one of the state’s Medicaid insurance providers after allegations that the company illegally spied on Texans. The state is investigating Superior He...

Posted: Mar 28, 2025

Personal cyber insurance protection gap growing: Triple-I and HSB

Reinsurance News

Despite a large number of consumers being routinely victims of cybercrime, most of them do not have personal cyber insurance, according to a recent report by the Insurance Information Institute (Triple-I) and HSB. The Addressing the Personal Cyber...

Posted: Mar 28, 2025

Business AI Adoption Shifts Toward Risk-Aware Approach

Risk & Insurance

Business leaders embrace AI's potential while growing increasingly cautious about implementation risks and challenges, Gallagher reports. The post

Posted: Mar 28, 2025

Why Delegation of Authority via AptlyDone is the Backbone of Governance Readiness for IPO and Public...

coverager

For companies preparing for an initial public offering (IPO) or receiving federal or state funding, establishing a defensible and modern DOA framework is a prerequisite.

Posted: Mar 28, 2025

Penn Mutual names Rick Klenk as CFO

coverager

Klenk most recently served as CFO for Life Insurance and Annuities at Penn Mutual.

Posted: Mar 28, 2025

Prudential plc enters Indian health insurance market through JV with HCL Group

coverager

Prudential will hold a 70% stake in the new entity.

Posted: Mar 28, 2025

QBE NA introduces media liability endorsement

coverager

The expanded coverage helps media companies mitigate financial risks such as legal defense costs and potential losses.

Posted: Mar 28, 2025