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Fall Forecast Calls for Above Normal Temps, Mixed Precipitation Across US A w...
Posted: Aug 19, 2025
Progressive North Ridgeville, LLC, a healthcare facility in North Ridgeville, Ohio, agreed to pay $5,000 and take corrective action to resolve a race discrimination charge filed with the U.S. Equal Employment Opportunity Commission (EEOC), the agency...
Posted: Aug 19, 2025
The US government is forecasting a record corn crop this year, but pictures of ugly-looking plants spreading fast through social media have triggered concern about the upcoming harvest. The photos show corn with missing kernels as a result of uneven...
Posted: Aug 19, 2025
Missing an ear and his front legs detached, Brighty the Burro certainly has seen better days. The 600-pound (273-kilogram) bronze statue used to greet visitors at the Grand Canyon Lodge on the national park’s North Rim. The nearly century-old b...
Posted: Aug 19, 2025
The Texas Senate quickly got to work Monday by passing several bills on the chamber’s desk as part of Gov. Greg Abbott’s agenda for the second special session of the year for the Legislature, focusing first on flood-related legislation. A...
Posted: Aug 19, 2025
Deep-red Texas needs to build power plants at an astonishing speed and scale to keep its economy humming. President Donald Trump just made that much harder. So many data centers, crypto-mining operations and factories are planned for the Lone Star &#...
Posted: Aug 19, 2025
This edition of International People Moves details appointments at Howden and Berkshire Hathaway Specialty Insurance. A summary of these new hires follows here. Howden Taps Hughes From IAG as CEO of New Zealand Howden, the London-based global insuran...
Posted: Aug 19, 2025
New research by The Hartford reveals a growing gap between what employers think they're providing and what employees actually experience with workplace benefits. The post
Posted: Aug 19, 2025
Brown & Riding, headquartered in Dallas, Texas, named Lauren Root as vice president of its national property practice. Based in the firm’s Houston, Texas, office, Root specializes in property and inland marine coverage with expertise in cat...
Posted: Aug 19, 2025
The US property and casualty (P&C) insurance sector is projected to remain profitable for the next several years, driven mainly by a rapid turnaround in the private auto sector in 2024, according to a recent S&P report. Rating agency S&...
Posted: Aug 19, 2025
Hurricane Erin Bounces Through Categories, Keeps Forecasters Guessing Hurricane Erin weakened to...
Posted: Aug 19, 2025
Judge Rules Tesla Drivers Can Pursue Class Action Over Self-Driving Claims Tesla must face a certified...
Posted: Aug 19, 2025
Chicago-domiciled insurer CNA Financial Corporation has announced several leadership changes to enhance its underwriting capabilities, including the appointment of David Haas as President of Global Specialty. In his new role, Haas will oversee Fin...
Posted: Aug 19, 2025
W.R. Berkley Corp. announced the formation of Berkley Edge, a new business providing professional liability and casualty insurance for small to mid-sized businesses. Berkley Edge will focus on hard-to-place and distressed risks, offering coverage exc...
Posted: Aug 19, 2025
Four major heat waves, dry conditions and strong winds have turned Europe into a tinderbox this summer, fueling the most destructive wildfire season in nearly two decades. Blazes have scorched about 8,948 square kilometers (3,455 square miles) across...
Posted: Aug 19, 2025
Albert Geraci, area president of wholesale broker Risk Placement Services, has taken the helm as president of the Florida Surplus Lines Association. He replaces Virginia Clancy, who was in the role for 2024-2025. “This year, we will continue to...
Posted: Aug 19, 2025
Pivix Specialty Insurance Services, an excess and surplus (E&S) focused MGA, has announced the launch of a brokerage division led by Michael Gramm. Pivix, founded in September 2024 by industry veteran Mike Miller, entered the market with a con...
Posted: Aug 19, 2025
Renaissance, a network of independent insurance agencies, has acquired the agency network business of Evolution Partners, a California-based membership group that helps independent insurance agencies secure direct appointments with insurance carriers...
Posted: Aug 19, 2025
Regulators have approved another new property insurer for the Florida market – Vision Insurance Exchange – led by former Florida Peninsula Insurance CEO Roger Desjadon. The Cape Coral-based Vision is the 15th property-casualty firm to set up shop in...
Posted: Aug 19, 2025
In the re/insurance industry, data standards that ensure structured, high-quality, and interoperable information are vital for artificial intelligence (AI) models to function effectively, according to Somesh Mukherjee, VP, Solutions Architecture a...
Posted: Aug 19, 2025
As the overall size of the reinsurance market continues to expand, projected to reach a new high of $649 billion at year-end 2025, market concentration has gradually declined as capital deployment becomes more diversified across the sector, AM Bes...
Posted: Aug 19, 2025
Imagine an industry where what took weeks now happens in minutes. In 2025, over 91% of insurers globally are harnessing AI, fueling a market nearing $4 billion and set for even more explosive...
Posted: Aug 19, 2025
Insurance Business Magazine - US
Posted: Aug 19, 2025
Mercury Seeks 6.9% Rate Increase in Filing Based on New Cat Modeling R...
Posted: Aug 19, 2025
Swiss Re Tops List of Largest Reinsurers on Its Shift to IFRS-17 Accounting: AM Best Swiss...
Posted: Aug 19, 2025
Managing general underwriter Ryan Financial Lines has expanded its national Insurance Agents & Brokers E&O Program, now offering an admitted product that is available to retail agents in most states. The enhanced program is tailored for proper...
Posted: Aug 19, 2025
HDI Global, a commercial and specialty lines insurer, reported insurance revenue of €5.1 billion for the first half of 2025, an 8% increase from €4.8 billion in the same period last year. The company said its revenue and net income growth in H1’25...
Posted: Aug 19, 2025
A group of marijuana dispensaries in New York sued the state on Friday after cannabis regulators admitted they accidentally allowed pot shops to open too close to schools, putting the future of the businesses in jeopardy. The lawsuit asks a …
Posted: Aug 19, 2025
T. Rowe Price, a global investment management firm, has announced three senior appointments to support the continued expansion of its insurance business. Headquartered in Baltimore, Maryland, the firm provides a broad range of investment solutions...
Posted: Aug 19, 2025
Atradius UK, a provider of trade credit insurance, surety, and collections services worldwide, has launched a dedicated Surety branch, expanding its ability to deliver bonds and guarantees to businesses across the UK. This reinforces Atradius’s es...
Posted: Aug 19, 2025
CVS Health is not entitled to coverage from insurers, including AIG and Chubb, against thousands of lawsuits over its role in the nation’s opioid crisis, Delaware’s highest court ruled on Monday. The Delaware Supreme Court concluded that...
Posted: Aug 19, 2025
A judge on Monday fined Qantas Airways 90 million Australian dollars ($59 million) for illegally firing more than 1,800 ground staff at the start of the COVID-19 pandemic. The penalty is in addition to the A$120 million ($78 million) in …
Posted: Aug 19, 2025
Global specialty insurer Markel Insurance reported that it has completed the sale of the renewal rights for its $1.2 billion global reinsurance business to Nationwide. This transaction was previously announced on July 30 and is part of what Markel ci...
Posted: Aug 19, 2025
Howden, the global insurance and reinsurance broking group, has appointed Chris Hughes as Chief Executive Officer (CEO) of New Zealand (NZ), effective November, after fulfilling his contractual obligations to his current employer. Meanwhile, Nigel...
Posted: Aug 19, 2025
Aon, a professional services firm specialising in risk, retirement, and health solutions, has reported that the UK bulk annuity market remained active in the first half of 2025, despite a modest slowdown in overall volumes compared with the latter...
Posted: Aug 19, 2025
Inigo Ltd., the Lloyd’s specialty insurer, has launched a product that provides top-up cover on financial fraud policies. The product, called Inigo Crime Excess, is an excess DIC/DIL (difference in conditions and difference in limits) policy de...
Posted: Aug 19, 2025
Placing Platform Limited (PPL) has launched the first general market release from its Microsoft partnership, introducing a new app within Outlook that gives clients access to upcoming products and features. Alongside the app’s launch is direct con...
Posted: Aug 19, 2025
AM Best has noted that life protection reinsurance, driven largely by the US market, has been a key element of the European Big Four reinsurers’ risk profiles, providing diversification and earnings stability, with typical margins of 5%–10%. ̶...
Posted: Aug 19, 2025