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Elysian Lands $6M to Scale AI-Native Claims TPA

IIR

The seed round comes as industry readiness peaks, giving Elysian capital to expand its ‘Claim Conductor’ orchestration and accelerate customer growth.

Posted: Sep 03, 2025

Behind the Wheel of Legal Inflation: More Than $42.8B in Excess Auto Tort Cases Uncovered, New Tripl...

Insurance Information Institute

FOR IMMEDIATE RELEASE: New York Press Office: (212) 346-5500; [email protected] MALVERN, Pa., Sept. 4, 2025 - An analysis published today by the Insurance Information Institute (Triple-I) revealed an estimated $42.8 billion in excess litigation value fro...

Posted: Sep 03, 2025

Everest Launches EverBuild Builder’s Risk Coverage

IIR

The new form expands terms and introduces coverage extensions tailored to modern construction projects.

Posted: Sep 03, 2025

Red Teaming Brings Foresight to Insurance Technology Project Risks

IIR

A disciplined contrarian review process helps insurers uncover fragile assumptions in AI, cloud, and core system projects before they cause costly failures.

Posted: Sep 03, 2025

Price Misconception Still Keeping Younger Generations from Purchasing Life Insurance: LIAM 2025

Insurance Forums

Young adults are entering their prime working years and reaching major life milestones—buying a house, … Read more

Posted: Sep 03, 2025

Independent BROKERS TIME Act Introduced in Senate

IA Magazine

The bipartisan bill directs the Health and Human Services (HHS) Secretary to update regulations for independent agents, brokers and third-party marketing organizations (TPMOs) under Medicare Parts C and D.

Posted: Sep 03, 2025

Relation Acquires Illinois’ Joseph M. Wiedemann & Sons

Insurance Journal

Relation Insurance Services announced their acquisition of the assets of Joseph M. Wiedemann & Sons, Inc. (JMWS). The transaction went into effect on August 1, 2025; terms of the transaction were not disclosed. JMWS, a fourth-generation family-ow...

Posted: Sep 03, 2025

U.S. P/C Insurance Industry First-Half Underwriting Profit Triples

Carrier Management

U.S. P/C Insurance Industry First-Half Underwriting Profit Triples The U.S. property/casualty ins...

Posted: Sep 03, 2025

Skyward Specialty to acquire Apollo Group

coverager

Apollo CEO David Ibeson and the management team will join Skyward Specialty.

Posted: Sep 03, 2025

Zurich and Decathlon launch runner program

coverager

The program begins September 10 in Valencia.

Posted: Sep 03, 2025

Ventis raises line size to £70 million

coverager

Ventis is a commercial and residential real estate MGA.

Posted: Sep 03, 2025

Tokio Marine partners with Salesforce to drive AI Transformation

coverager

Tokio Marine already uses Salesforce for core operations.

Posted: Sep 03, 2025

Aon to sell significant majority of NFP’s wealth business to Madison Dearborn Partners

coverager

MDP will acquire the businesses for a total consideration estimated to be $2.7 billion at the time of close.

Posted: Sep 03, 2025

Tropolis Completes Acquisitions of 8 Agencies in 3 States

Insurance Journal

Tropolis Insurance Services said it has completed eight agency acquisitions across the United States. Terms of the transactions were not disclosed. The tech-enabled brokerage providing property/casualty and employee benefits solutions out of Ann Arbo...

Posted: Sep 03, 2025

Private Equity Firms Step Up Cyber Vigilance Amid Rising Threats

Risk & Insurance

Facing increasing cyber risk exposure across their portfolios, private equity firms are tightening cybersecurity expectations, improving governance, and reevaluating insurance coverage. The post

Posted: Sep 03, 2025

Two Planes Collide Midair at Colorado Airport, Killing 1 And Injuring 3

Insurance Journal

One person was killed and three were injured when two small planes collided midair as they tried to land at an airport in northeastern Colorado, authorities said. A Cessna 172 and an Extra Flugzeugbau EA300 collided Sunday morning while trying &#8230...

Posted: Sep 03, 2025

The Future of Insurance Isn’t Just Tech — It’s Talent

Risk & Insurance

The insurance industry's future relies on attracting purpose-driven, tech-savvy talent and investing in people. The post The Future of Insurance Isn&#...

Posted: Sep 03, 2025

‘Do Not Drive’ Recalls Spike 65% Since Summer 2024

Carrier Management

‘Do Not Drive’ Recalls Spike 65% Since Summer 2024 The nu...

Posted: Sep 03, 2025

Redefining Retirement and Hiring; The Future of Insurance Talent

Insurance Journal

What happens when a lifetime of insurance expertise is on the verge of walking out the door? At WAHVE (which stands for Work At Home Vintage Experts), we’ve built our business on ensuring that the industry doesn’t lose this invaluable &#8...

Posted: Sep 03, 2025

Everest names Voralia CUO for Global Reinsurance

Reinsurance News

Everest Reinsurance, the reinsurance division of Everest Group, has announced the appointment of Jiten Voralia as Chief Underwriting Officer (CUO) for Global Reinsurance, effective immediately. Voralia will be succeeding Chris Downey, who was rece...

Posted: Sep 03, 2025

Client Expectations Reshape Insurance Brokers as Service Gaps Emerge

Risk & Insurance

New Zywave survey reveals disconnects between evolving client expectations and broker delivery across employee benefits and commercial insurance. The post

Posted: Sep 03, 2025

As Hurricane Season Continues, FEMA Hiring Freeze Extended Through 2025

Carrier Management

As Hurricane Season Continues, FEMA Hiring Freeze Extended Through 2025 The U.S. Federal Emergency Manage...

Posted: Sep 03, 2025

Lawmakers Say Trains Carrying Flammable Cargo Should Be Subject to More Safety Rules

Carrier Management

Lawmakers Say Trains Carrying Flammable Cargo Should Be Subject to More Safety Rules When a BNSF freigh...

Posted: Sep 03, 2025

Reinsurance increasingly a buyer’s market as focus shifts to growth: Rousseau, Guy Carpenter

Reinsurance News

Laurent Rousseau, CEO of EMEA and Global Capital Solutions at reinsurance broker Guy Carpenter, said recently that the reinsurance industry is “clearly and increasingly in a buyer’s market” and stressed that as returns continue t...

Posted: Sep 03, 2025

Neptune Insurance Files for IPO. Executive Compensation Not Remarkable This Time

Insurance Journal

St. Petersburg, Florida-based Neptune Insurance Holdings filed for a U.S. initial public offering on Wednesday, becoming the latest company to tap into renewed investor demand as easing tariff concerns and strong markets spur more firms to test the w...

Posted: Sep 03, 2025

Judge Allows 9/11 Civil Claims Against Saudi Arabia to Proceed

Insurance Journal

A federal judge in New York rejected Saudi Arabia’s latest effort to dismiss civil claims that it supported the 9/11 hijackers. Judge George B. Daniels said in a written opinion last Thursday that his decision pertained to jurisdiction rather t...

Posted: Sep 03, 2025

Oceanview Re names Timothy Gasaatura as President & CEO

Reinsurance News

Oceanview Reinsurance Ltd. (Oceanview Re), a subsidiary of Oceanview Holdings Ltd., has announced the appointment of Timothy Gasaatura as President and CEO. Gasaatura succeeds Stelian Dragan, who has chosen to relocate to the US after serving as P...

Posted: Sep 03, 2025

Thompson to succeed Schaefer as President & CEO of Hannover Re US

Reinsurance News

Hannover Life Reassurance Company of America (Hannover Re US) has announced key leadership appointments, effective January 1, 2026, including the promotion of Clint Thompson to President and Chief Executive Officer (CEO). Thompson will be succeedi...

Posted: Sep 03, 2025

Aon to sell majority of NFP’s wealth business to Madison Dearborn Partners

Reinsurance News

Aon, a global re/insurance broking group, has signed a definitive agreement to sell a significant majority of NFP’s wealth business to Madison Dearborn Partners, LLC, a Chicago-based private equity investment firm, for a total consideration...

Posted: Sep 03, 2025

Sandbox Realities: What Could Happen When AI Learns to Lie, Cheat and Blackmail

Risk & Insurance

AI trained in fake worlds may become dangerously unpredictable. The post Sandbox Realities: What Could Happen When AI Lea...

Posted: Sep 03, 2025

Success of AI Music Creators Sparks Debate on Future of Music Industry

Insurance Journal

When pop groups and rock bands practice or perform, they rely on their guitars, keyboards and drumsticks to make music. Oliver McCann, a British AI music creator who goes by the stage name imoliver, fires up his chatbot. McCann’s songs …

Posted: Sep 03, 2025

Gallagher adds Andy Winwood as a Senior Executive

Reinsurance News

Insurance and reinsurance broking group Gallagher has appointed Andy Winwood as a Senior Executive, where he will support Nadim Semaan, Senior Executive Officer, in running the firm’s Middle East & Africa business focusing on large clien...

Posted: Sep 03, 2025

Davies launches specialist P&C wholesale broker AG London

Reinsurance News

Davies, a professional services and technology provider for the insurance and regulated markets, has launched Assurex Global London Limited (AG London), a bespoke specialist property and casualty wholesale brokerage. AG London, part of the Assurex...

Posted: Sep 03, 2025

Caffrey to Become CEO of White Mountains in 2026

Carrier Management

Caffrey to Become CEO of White Mountains in 2026 White...

Posted: Sep 03, 2025

Insurers Face Average Annual Loss of $152B From Natural Catastrophes: Verisk

Carrier Management

Insurers Face Average Annual Loss of $152B From Natural Catastrophes: Verisk Verisk estim...

Posted: Sep 03, 2025

Wildfire Burns Through Historic California Gold Mining Town, Destroying Multiple Homes

Insurance Journal

A quick-moving wildfire burned homes in a California Gold Rush town settled around 1850 by Chinese miners, forcing evacuations and destroying properties. The fire rapidly expanded to 6,473 acres, forcing the evacuation Tuesday of the Chinese Camp Tow...

Posted: Sep 03, 2025

Brown & Brown COO Steve Hearn to lead all operations outside NA

Reinsurance News

Brown & Brown, an insurance brokerage and risk management firm, has announced that Steve Hearn, Chief Operating Officer (COO), will lead all operations outside of North America across both the Retail and Specialty Distribution segments. Hearn...

Posted: Sep 03, 2025

Google Keeps Chrome and Apple Deal but Must Share Data in Big Antitrust Ruling

Insurance Journal

Google won’t have to sell its Chrome browser, a judge in Washington said on Tuesday, handing a rare win to Big Tech in its battle with U.S. antitrust enforcers, but ordering Google to share data with rivals to open up …

Posted: Sep 03, 2025

Increased demand drives LatAm reinsurance growth despite challenging conditions: AM Best

Reinsurance News

Despite the challenging conditions in Latin America in 2025, reinsurance markets in the region continue to expand, driven by increased demand and greater dynamism, according to a recent AM Best report. One of the challenges is that disinflation is...

Posted: Sep 03, 2025

Disney to Pay $10M to Settle Claim of Allowing Unlawful Collection of Children’s Data

Insurance Journal

Walt Disney will pay $10 million to settle U.S. Federal Trade Commission allegations that the company unlawfully allowed personal data to be collected from children who viewed kid-directed videos on YouTube without notifying parents or obtaining thei...

Posted: Sep 03, 2025

CFC appoints Jane Poole as Group CFO

Reinsurance News

CFC, a specialist insurance provider focused on emerging risks and cyber, has announced the appointment of Jane Poole as Group Chief Financial Officer (CFO). Poole succeeds current Group CFO Michael Grist, who has served for nearly 16 years. Grist...

Posted: Sep 03, 2025

Buyers expect property reinsurance pricing to fall as demand rises & attachment points hold: Moody’s

Reinsurance News

The 2025 reinsurance buyers survey from Moody’s Ratings reveals a “decisive shift towards rate reductions” for property reinsurance risks when compared to prior years, while demand for coverage is expected to rise as attachment p...

Posted: Sep 03, 2025