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NHTSA Grants Industry Request to Delay New Car Rating Updates to 2027 Models

Carrier Management

NHTSA Grants Industry Request to Delay New Car Rating Updates to 2027 Models The National...

Posted: Sep 19, 2025

Behavioral Issues Hamper Outcomes in Workers With Shoulder, Knee Injuries

Carrier Management

Behavioral Issues Hamper Outcomes in Workers With Should...

Posted: Sep 19, 2025

People Moves: IMA Financial Group Names Leadership Appointments in Houston Office

Insurance Journal

IMA Financial Group, a North American insurance brokerage firm specializing in risk management, wholesale brokerage, and wealth management, has announced two key leadership appointments in its Houston office to support the company’s commitment...

Posted: Sep 19, 2025

Grange Policy Not Ambiguous in Death of Family Killed in 2019 Kentucky Crash

Insurance Journal

A trial court said the insurance policy was ambiguous, allowing a commercial umbrella policy to supplement coverage in the deaths of five people killed by a drunken driver in 2019. But the Kentucky Supreme Court this week found that the …

Posted: Sep 19, 2025

Texas Insurance Agent Pleaded Guilty After Stealing Premiums

Insurance Journal

A Texas Department of Insurance (TDI) investigation led to prison time for a former insurance agent who overcharged almost $300,000 in insurance premiums. Carlyle Poindexter pleaded guilty to conspiracy to commit wire fraud in August and was sentence...

Posted: Sep 19, 2025

Three-year downward trend in property claims continued in Q2’25: Verisk

Reinsurance News

The second quarter of 2025 continued the three-year downward trend in total property insurance claims, falling 9.6% compared to the same period last year, however, claims were up 26% from Q1 2025, according to Verisk’s Quarterly Property Report. V...

Posted: Sep 19, 2025

NHTSA Delays New Car Rating Updates for One Year at Industry Request

Insurance Journal

he National Highway Traffic Safety Administration said Friday that it will delay implementation of updates to the U.S. government’s New Car Assessment Program finalized in December after a request by automakers. The agency last year said it was...

Posted: Sep 19, 2025

The MEMIC Group to Acquire The Dakota Group, Including Risk Administration Services

Insurance Journal

Workers’ compensation specialist The MEMIC Group, led by parent company Maine Employers’ Mutual Insurance Company, has entered into an agreement to acquire The Dakota Group, including Risk Administration Services, Inc. and its four affili...

Posted: Sep 19, 2025

WalkerHughes Insurance Adds Indiana’s Brady Benefits to Midwest Platform

Insurance Journal

WalkerHughes Insurance announce the addition of Brady Benefits, a Fort Wayne-based Employee Benefits brokerage, to its growing Midwest platform. Brady Benefits, led by respected industry veteran Matt Brady, specializes in group health and ancillary b...

Posted: Sep 19, 2025

SEC Chair Says Markets Can Decide ‘Cadence’ of Company Reports

Insurance Journal

Investors and banks are likely to help set any new timeline for public company reporting as regulators press ahead on President Donald Trump’s bid to end quarterly reports, U.S. Securities and Exchange Commission Chairman Paul Atkins told CNBC...

Posted: Sep 19, 2025

ACORD study identifies strategies behind top-performing US specialty commercial insurers

Reinsurance News

ACORD, a nonprofit organisation that develops standards for the insurance industry, has released a new study titled US Specialty Commercial Insurance Market: The Keys to High Performance, which finds that 65% of Excess & Surplus (E&S) writ...

Posted: Sep 19, 2025

12th Home in 5 Years Collapses into Surf on North Carolina Outer Banks

Insurance Journal

A beachfront stilt home along the Outer Banks in North Carolina has collapsed into the surf, bringing the total number of houses claimed by the Atlantic Ocean to 12 in the past five years. The two-story, wood-shingled home in Buxton, …

Posted: Sep 19, 2025

Morgan & Morgan Wants Court to Allow Early Mickey Mouse in Auto Injury Ads

Insurance Journal

Is Steamboat Willie “For the people?” That’s a question that one of the largest personal injury law firms in the United States is asking a federal court in central Florida to decide. The law firm Morgan & Morgan, known for &#823...

Posted: Sep 19, 2025

Businesses Underinvesting in Climate Adaptation Despite Intensifying Hazards: Marsh

Insurance Journal

Most businesses are failing to invest in needed climate adaptation as other business priorities and resources take precedence over climate initiatives, according to a survey published by Marsh, the insurance broker and business of Marsh McLennan. Whi...

Posted: Sep 19, 2025

Forecasters Give Tropical Storm in Atlantic a Name, Say it Should Strengthen Soon

Insurance Journal

Tropical Storm Gabrielle formed Wednesday in the Atlantic Ocean but was far from land, forecasters said. The center of Gabrielle re-formed from its morning position and was located about 990 miles (1,600 kilometers) east of the Northern Leeward Islan...

Posted: Sep 19, 2025

Willis adds Gillespie as Head of Data & Analytics, Global Direct & Fac Specialty

Reinsurance News

Insurance broker Willis, a WTW business, has appointed James Gillespie as its new Head of Data & Analytics for its Global Direct & Facultative Specialty team. In his new role, Gillespie will lead the development of new and innovative produ...

Posted: Sep 19, 2025

People Moves: HDI Global USA Appoints Griffin to Lead Casualty Business

Insurance Journal

HDI Global Insurance Company (HGIC), the U.S. carrier of international Corporate & Specialty insurer HDI Global (HDI), headquartered in Chicago, Illinois, appointed Bruce Griffin as head of casualty. Griffin is based out of HGIC’s Chicago h...

Posted: Sep 19, 2025

SEC Hands Victory to IPO Issuers Who Want to Avoid Class-Action Lawsuits

Carrier Management

SEC Hands Victory to IPO Issuers Who Want to Avoid Class-Action Lawsuits The U.S. securities reg...

Posted: Sep 19, 2025

How to Reframe Negative Thoughts When Dealing With Self-Doubt at Work

Carrier Management

How to Reframe Negative Thoughts When Dealing With Self-Doubt at Work When we make mistakes at work, it...

Posted: Sep 19, 2025

Southern California Edison, Others Settle to Recover $2B Tied to Wildfires

Insurance Journal

Southern California Edison has reached a settlement agreement with several intervenors to allow the utility to recover about $2 billion of $5.6 billion in losses tied to the 2017–2018 wildfire and mudslide events. Out of the $2 billion, about $1.6 &#...

Posted: Sep 19, 2025

EU Proposes Full Ban on Russian LNG From 2027, a Year Early

Insurance Journal

The European Union proposed a complete ban on imports of Russian liquefied natural gas from Jan. 1, 2027, as part of its latest measures to curb President Vladimir Putin’s ability to wage Moscow’s war against Ukraine. The EU also proposed...

Posted: Sep 19, 2025

[Video] Commercial Auto Insurers Wait on Impact of Litigation Reforms

Insurance Journal

Many commercial auto insurers are in a holding pattern, waiting to see how some states’ litigation reforms are enacted and enforced. However, there seems to be some positive signs for buyers. Insurance Journal’s Andrea Wells spoke to Jenn...

Posted: Sep 19, 2025

Lyft Pays New Jersey $19.4 Million Over Misclassifying 100,000 Drivers

Insurance Journal

Transportation company Lyft has paid the state of New Jersey $19.4 million to settle a case involving misclassification of more than 100,000 drivers as independent contractors. According to the New Jersey Department of Labor and Workforce Development...

Posted: Sep 19, 2025

Access to insurance not yet driving climate adaptation investments: Marsh

Reinsurance News

In a landscape of increasing extreme weather events, only 5% of private sector organisations view “access to insurance” as their primary motivation for investing in climate adaptation, compared to 53% who prioritise the “need to manage risk,” acco...

Posted: Sep 19, 2025

Strong returns hold as property pricing slides but soft market concerns overstated: Citizens

Reinsurance News

At this year’s Monte Carlo Rendezvous de Septembre, Citizens Bank, a provider of financial and insurance insights, observed that while property catastrophe pricing is sliding, the broader reinsurance market continues to deliver solid returns. Afte...

Posted: Sep 19, 2025

Ed Le Flufy becomes Lockton Re’s Global Head of Cyber

Reinsurance News

Lockton Re, the reinsurance arm of the privately held independent insurance broker, has announced the appointment of Ed Le Flufy as Global Head of Cyber, a London-based role. In his new role, the executive will lead Lockton Re’s Cyber team d...

Posted: Sep 19, 2025

British Motorists to Get £200 Million Compensation From Insurers

Insurance Journal

British insurance companies are paying £200 million ($270 million) to compensate motorists whose claims were underpaid, the Financial Conduct Authority said on Friday. Insurers including Direct Line Insurance Group Plc and Admiral Group Plc are getti...

Posted: Sep 19, 2025

Hong Kong Braces for Twin Storms as Forecasters Predict Super Typhoon

Insurance Journal

Hong Kong is facing a period of heavy rain and strong winds as two storms brew in warm tropical waters, with one system forecast to intensify into a super typhoon next week. A tropical depression is currently spinning in the …

Posted: Sep 19, 2025

Swiss Re and Munich Re back newly launched CEI & Generali parametric solution

Reinsurance News

Global insurer Generali and Conferenza Episcopale Italiana (CEI) have partnered to launch a new parametric insurance solution to protect parish entities in Italy’s 226 dioceses from the impacts of natural catastrophes. Swiss Re and Munich Re...

Posted: Sep 19, 2025

China’s EV Automaker Xiaomi to Fix Assisted Driving Issue for Over 115,000 SU7s

Insurance Journal

Xiaomi will issue a software update for over 115,000 of its popular SU7 electric sedans to fix potential safety issues when its assisted driving features are used, a Chinese regulator said in a product recall notice. It is the second …

Posted: Sep 19, 2025

Howden to acquire US entertainment broker Gravitas

Reinsurance News

Howden, the global insurance and reinsurance broking group, has announced the acquisition of Gravitas Insurance Agency LLC (Gravitas), a US retail brokerage specialising in contingency insurance for music, sport and live events. Founded in 2022 by...

Posted: Sep 19, 2025

AI Boom Fuels 11% Rise in Top Japan Insurer’s Project Loans

Insurance Journal

Nippon Life Insurance Co. sees its overseas project finance lending climbing 11% to a record high this year due to surging demand to fund AI data centers in the US and elsewhere. The outstanding amount of such loans provided by …

Posted: Sep 19, 2025

North American insurance brokers target bigger deals as growth cools: Fitch

Reinsurance News

According to Fitch Ratings, a global credit rating agency, US and Canadian insurance brokers are increasingly relying on larger acquisitions to maintain momentum as organic growth slows. The trend has pushed deal sizes sharply higher over the past...

Posted: Sep 19, 2025

Helios hires Arch’s Louis Tucker as CEO

Reinsurance News

Helios Underwriting, the publicly listed firm providing direct access to a range of syndicates at the specialist Lloyd’s insurance and reinsurance marketplace, has hired Louis Tucker from Arch Capital Group as its new Chief Executive Officer (CEO)...

Posted: Sep 19, 2025

Roosevelt Road Specialty and Neural Earth partner to advance property underwriting with AI

Reinsurance News

Roosevelt Road Specialty, a Managing General Underwriter (MGU) that provides customised insurance solutions, has entered into a strategic partnership with Neural Earth Inc., a technology company specialising in artificial intelligence–driven geosp...

Posted: Sep 19, 2025

Hippo adds Hay and Holliday to Board of Directors

Reinsurance News

Home insurance firm Hippo has appointed Laura Hay and Susan Holliday to its Board of Directors, with the former joining the Audit, Risk, and Compliance Committee and the Nominating and Corporate Governance Committee, and the latter the Audit, Risk...

Posted: Sep 19, 2025

Marco Re gets A3 insurance financial strength rating from Moody’s

Reinsurance News

Moody’s Ratings has assigned an A3 Insurance Financial Strength Rating (IFSR) to Marco Re Limited, a Guernsey domiciled reinsurer focused on non-life run-off insurance portfolios, reflecting its core status within the broader Marco Capital group....

Posted: Sep 19, 2025

Viewpoint: Rampant Fraud in Staged Accidents

Insurance Journal

It should come as no surprise that Hollywood has not made many movies about insurance—arguably among the least glamorous of industries. However, there are three insurance-themed films worth watching. Two from the 1940s film noir era are Double Indemn...

Posted: Sep 19, 2025