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Economy and Surplus Lines

Insurance Journal

Global growth is slowing as U.S. tariff policy reduces trade and heightens geopolitical uncertainty. That will lead to decelerating growth in insurance premiums. According to Swiss Re, global GDP growth (adjusted for inflation) is expected to slow to...

Posted: Sep 07, 2025

Next-Gen Insurance: Powered by AI

Insurance Journal

Welcome to the next generation of insurance. Our industry stands on the cusp of an exhilarating technological revolution, primarily driven by artificial intelligence. Embracing next-generation technology is no longer a choice but a necessity for succ...

Posted: Sep 07, 2025

Adapting to the Short Attention Span: How to Create Bite-Sized, Impactful Content for Insurance Audi...

Insurance Journal

Attention spans are shrinking across every industry, and insurance faces a unique challenge: explaining complex products in an age of instant gratification. When potential customers abandon your presentations after one slide or skip your comprehensiv...

Posted: Sep 07, 2025

From Oily Rags to a Break Room Microwave: Combatting Overlooked Risks in High-Severity Industries

Insurance Journal

While the risks in a high- severity industry may seem apparent, it is the small details that can lead to the most disastrous losses when they are overlooked. For brokers serving high-severity niches, recognizing and addressing the easily overlooked r...

Posted: Sep 07, 2025

Cyber Buyers See Added Limits, Low Premium in Mature Market: Report

Insurance Journal

By Jahna Jacobson Cyber insurance remains an area of growth opportunity for property and casualty insurers, particularly in the face of large-scale risk factors. According to a new report, “CYBER: Insights on the current and future state of the...

Posted: Sep 07, 2025

Random Thoughts About Certificates of Insurance and Related Topics

Insurance Journal

The contracts your insureds enter into often create an additional workload for your staff, as well as an increased opportunity for agency errors and omissions (E&O) claims and lawsuits from both your customers and their business partners. On Octo...

Posted: Sep 07, 2025

Young Wholesalers on Finding Success

Insurance Journal

What advice would you give to a new recruit entering the wholesale insurance business? “Make sure you are constantly learning,” said Jake Luddy, RT Specialty. “Even from the not-so-good experiences. “When I think of the setbac...

Posted: Sep 07, 2025

A Look at Senior Care Liability Claims

Insurance Journal

The average indemnity payments paid for senior care facilities have more than doubled over the past 10 years, according to Liberty Mutual/Ironshore’s inaugural Senior Care Claims Study, which examined senior care claims reported under Liberty M...

Posted: Sep 07, 2025

Bigger Piece of the Pie: Surplus Lines Market Hits New Record as Specialty Lines Continue to Grow in...

Insurance Journal

Whatever line of business, the surplus lines industry continues to play a critical and more prominent role in the property/casualty market. “It’s pretty incredible to have watched what the E&S business has become today from the days w...

Posted: Sep 07, 2025

Mirror Tests and Absolute Exclusions

Insurance Journal

Independent insurance agents are facing considerable and relatively new errors and omissions (E&O) exposures, as well as growing exposures from long-time variables. When speaking to audiences, I’ve found a large proportion of agency executi...

Posted: Sep 07, 2025

Death and Insurance (Not Taxes): Part One

Insurance Journal

Death has been on my mind recently. Partly for work reasons, but mostly for personal reasons. Please understand that I’m neither morbid nor morose about death; I’m writing this from a pragmatic perspective. No one likes to think about dea...

Posted: Sep 07, 2025

AI for Agents

Insurance Journal

Artificial intelligence (AI) tools are creating exciting times for just about everyone. The insurance industry is standing on the cusp of an exhilarating technological revolution, primarily driven by AI, writes Anupam Gupta, Applied System’s ch...

Posted: Sep 07, 2025

Surplus Lines Market in Review

Insurance Journal

After surpassing the $100 billion threshold mark in direct premiums written for the first time in 2023, the surplus lines market grew by another 12.3% in 2024 to just under $130 billion, according to the recently released AM Best Market …

Posted: Sep 07, 2025

A Wake-Up Call from Hawaii: Why We Must Invest in Pre-Disaster Preparation

Insurance Journal

I was in Hawaii on vacation with my family when the tsunami alert came. It was issued following a powerful offshore earthquake–one of those moments where the routine hum of daily life is interrupted by sirens, alerts, and a sudden, …

Posted: Sep 07, 2025

Pennsylvania Finally Gets Its $200M Slice of JUA’s Surplus Pie

Insurance Journal

Pennsylvania Attorney General Dave Sunday recently announced a $200 million transfer of funds from the Professional Liability Joint Underwriting Association (JUA) into the state’s general fund. The transfer was the result of the Attorney Genera...

Posted: Sep 07, 2025

Aon Unveils Analytics Platform for Catastrophe Response

IIR

The enhanced Event Analytics platform integrates real-time hazard, exposure, and loss data to support re/insurers before, during, and after catastrophe events.

Posted: Sep 07, 2025

Assurant Launches HOIVerify Origination for Insurance Verification

IIR

The API-enabled platform automates insurance checks during mortgage origination to streamline lender decision-making.

Posted: Sep 07, 2025

Kin Raises $50 Million Series E at $2 Billion Valuation

IIR

Kin has secured new funding to expand operations, launch products, and support homeowners in high-risk areas.

Posted: Sep 07, 2025

LexisNexis Risk Solutions names Katie James Head of DMV Solutions

coverager

Her appointment underscores the company’s push to support DMVs with digital tools that improve security, reduce friction, and modernize services nationwide.

Posted: Sep 07, 2025

The Standard promotes Michael De Voe to SVP of IT Enterprise Delivery

coverager

He joined The Standard in 2017.

Posted: Sep 07, 2025

Markel Canada introduces Canada 360

coverager

Cyber 360 Canada is tailored to meet the needs of Canadian clients seeking standalone cyber coverage.

Posted: Sep 07, 2025

Nephila Capital partners with SEI

coverager

SEI will support Nephila Capital's back- and middle-office operations across North America and the UK.

Posted: Sep 07, 2025

Forestry Mutual moves to independent agent model

coverager

MOTER Technologies is a US-based company developing insurance software utilizing telematics technology.

Posted: Sep 07, 2025

SCOR sees more opportunities than risks from AI: CEO Thierry Léger

Reinsurance News

During the 2025 Rendez-Vous de Septembre (RVS) in Monte Carlo, Thierry Léger, Group CEO of SCOR, stated that the company clearly sees more opportunities than risks from artificial intelligence (AI), noting that it provides a real opportunity to su...

Posted: Sep 07, 2025

The value of underwriting will increase, says Swiss Re’s Haegeli & Lot

Reinsurance News

During the launch of Swiss Re’s latest sigma report on the first day of RVS 2025 Monte Carlo, Jérôme Haegeli, Group Chief Economist & Head Swiss Re Institute, emphasised that the value of underwriting is increasing, with the role of an underwr...

Posted: Sep 07, 2025

Munich Re continues to expect attractive business opportunities at January renewals

Reinsurance News

Munich Re, one of Europe’s big four reinsurance companies, is still expecting attractive opportunities at the key January 1st, 2026, reinsurance renewals, emphasising that traditional capital remains the backbone for risk transfer in a world...

Posted: Sep 07, 2025

Deutsche Rück maintains cautious strategy, does not see general market softening: CEO

Reinsurance News

In an interview with Reinsurance News around RVS 2025 in Monte Carlo, Achim Bosch, CEO of Deutsche Rück, said the company is maintaining its selective and disciplined approach ahead of the January 2026 renewals, while noting that he does not expec...

Posted: Sep 07, 2025

If now is not a positive reinsurance market, when is? AM Best’s Carter

Reinsurance News

AM Best is the only rating agency that has maintained its positive outlook on the global reinsurance sector, and Greg Carter, Managing Director, Analytics, at the company’s briefing at RVS 2025 today, stressed that if now is not a positive m...

Posted: Sep 07, 2025

Inside the Hidden Rulebook: Tracking Sub-Regulatory Changes in Workers’ Comp

Risk & Insurance

Tracking legislative changes that impact workers’ compensation is a full-time job — and then some. The post Inside the Hidden...

Posted: Sep 07, 2025

Surprise if there’s no ‘lowering of attachment points on property cat,’ says Fitch’s Arrivé

Reinsurance News

Property catastrophe rates are expected to decline at year-end, but a number of factors will keep underwriting discipline, Brian Schneider, Senior Director at Fitch Ratings noted at RVS 2025 in Monaco, with Manuel Arrivé, CFA, Director, suggesting...

Posted: Sep 07, 2025

RenRe expands Adria Richards’ role to manage Property Cat Assumed Retro portfolio

Reinsurance News

Bermuda-based reinsurer RenaissanceRe (RenRe) has announced the expansion of Adria Da Breo Richards’ role to include management of Property Cat Assumed Retro portfolio, alongside her current role overseeing Property Cat portfolios for RenRe’s Glob...

Posted: Sep 07, 2025

Reinsurance has never been more relevant: AXA XL Re’s Renaud Guidée

Reinsurance News

Amid a spike in uncertainty globally, Renaud Guidée, Chief Executive Officer of AXA XL Re, believes that reinsurance has never been more relevant as a means to “bridge the gap between uncertainty and certainty.” Reinsurance News spoke with Guidée...

Posted: Sep 07, 2025

Aon tops reinsurance broker ranking on 2024 revenues, but Guy Carpenter ahead in 2025

Reinsurance News

Our ranking of the world’s largest reinsurance brokers reveals that, based on revenues, Aon Reinsurance Solutions led the way in 2024, however, Guy Carpenter, the reinsurance broking arm of Marsh McLennan, is ahead in 2025. With revenues of...

Posted: Sep 07, 2025

Zurich hikes occupational accident benefits for independent truckers

coverager

Zurich has offered Occupational Accident coverage for independent truckers since 1997.

Posted: Sep 06, 2025

Farmers to add 100 jobs across four cities

coverager

These positions are in direct sales.

Posted: Sep 06, 2025

Robust reinsurance & alternative solutions key as global P&C growth persists: Swiss Re

Reinsurance News

As the global property and casualty (P&C) insurance market continues to expand, industry giant Swiss Re has highlighted that robust reinsurance and alternative risk solutions are further broadening capacity and helping to keep coverage both af...

Posted: Sep 06, 2025

QBE CFO resigns

coverager

Singh will remain during the search for his successor.

Posted: Sep 05, 2025

Protective taps Jeff Wasco to lead Employee Benefits business

coverager

Wasco joined Protective in 2024.

Posted: Sep 05, 2025

Ryan Specialty launches $400M reinsurance sidecar

coverager

The deal was structured with support from AXIS Capital through its Lloyd’s syndicate 1686.

Posted: Sep 05, 2025

Lincoln names Jason Crane RPS President

coverager

He succeeds Ralph Ferraro, who is retiring at the end of September.

Posted: Sep 05, 2025

Heritage Insurance launches text-based claims program

coverager

Heritage is a super-regional property and casualty insurer offering personal and commercial residential products.

Posted: Sep 05, 2025

August Innovation Report

coverager

Dispatch’s platform automates data reconciliation across systems.

Posted: Sep 05, 2025

U.S. Sues Southern California Edison, Blames It for Eaton, Fairview Wildfires

Carrier Management

U.S. Sues Southern California Edison, Blames It for Eaton, Fairview Wildfires The U.S....

Posted: Sep 05, 2025

You violated our privacy!

Rough Notes

INSURANCE-RELATED COURT CASESDigested from case reports published onlineCOURT DECISIONS You violated our privacy! Mullins Food Products, Inc., an Illinois-based company that manufactured food ingredients, was sued under a state act regarding informat...

Posted: Sep 05, 2025

Separate endorsements for separate vehicles

Rough Notes

INSURANCE-RELATED COURT CASESDigested from case reports published onlineCOURT DECISIONS Separate endorsements for separate vehicles Kepali Group owned multiple vehicles. The company used Brown & Brown to handle its automobile insurance needs, whi...

Posted: Sep 05, 2025

There may be fraud, but there are no damages

Rough Notes

INSURANCE-RELATED COURT CASESDigested from case reports published onlineCOURT DECISIONS There may be fraud, but there are no damages This is a dispute that centers upon whether possible fraud on one party’s part results in a legitimate claim for dama...

Posted: Sep 05, 2025

CONTRACTORS E&O

Rough Notes

While E&O doesn’t address every concern for a contractor, it does speak to many common ones At some point, an honest mistake could prove to be too large for an out-of-pocket fix. By Marc McNulty, CIC, CRM Like many others in the independent insur...

Posted: Sep 05, 2025