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Lt. Gov. Dan Patrick said he will move to force an overtime session of the Legislature if lawmakers fail to ban THC or tighten Texas’ bail laws — two of his top priorities — before the current session ends in …
Posted: Mar 27, 2025
Xceedance, a global provider of technology and digital solutions, has strategically invested in Friendly, a San Francisco-domiciled artificial intelligence company focused on life & health (L&H) underwriting, claims management, and risk as...
Posted: Mar 27, 2025
The appointments span strategy, sales, reinsurance, underwriting, and risk management.
Posted: Mar 27, 2025
The development extends further Sompo’s commercial P&C insurance capabilities.
Posted: Mar 27, 2025
Sammons Financial Group is one of three annuity carriers that helped to develop, test, and pilot this technology.
Posted: Mar 27, 2025
Gwin will lead North American’s life insurance distribution, including national and traditional accounts and marketing organizations.
Posted: Mar 27, 2025
Cam Torstenson, an insurance veteran with deep expertise in combining AI and human capabilities, joins Indemn AI to accelerate the delivery of AI agents that simplify insurance sales and service.
Posted: Mar 27, 2025
U.S. Corporate Profits Surged in Q4 2024 U.S. corporate profits rebounded sharply in the fourth quarter, but an...
Posted: Mar 27, 2025
Task Force Formed to Address Widespread Tesla Vandalism in the U.S....
Posted: Mar 27, 2025
AM Best has revised the outlooks to stable from negative and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of ISMIE Mutual Insurance Company and ISMIE Indemnity Company...
Posted: Mar 27, 2025
In the latest expansion of the alliance between State Farm and U.S. Bank, State Farm customers can apply for U.S. Bank personal loans for up to $50,000 working directly with their insurance agent. The new offering joins the existing suite …
Posted: Mar 27, 2025
REUTERS EXCLUSIVE Massachusetts’ top securities regulator has begun an investigation into trading platform Robinhood’s decision to launch a prediction-markets hub that allows users to bet on the outcomes of a range of events, including Ma...
Posted: Mar 27, 2025
Corporate leaders face mounting social, cyber, and regulatory risks while navigating an increasingly complex business landscape, WTW reports. The post
Posted: Mar 27, 2025
Cowbell, a cyber insurance provider for small and medium-sized enterprises (SMEs), has announced the expansion of its Cowbell Connectors to more than 30 integrations with top security and cloud service providers. Cowbell Connectors enhance cyber r...
Posted: Mar 27, 2025
Won Myung-soo, Director of Satellite Imagery Analysis, National Forestry Service, stated that the Uiseong fire in South Korea quickly began spreading on Wednesday, reaching the coastal county of Yeongdeok 51 km (32 miles) away in just 12 hours, wi...
Posted: Mar 27, 2025
LOUISVILLE, Ky. (AP) — Thieves took eight Corvettes from the lot of a Kentucky automobile plant where the legendary muscle car is built, but officers recovered the vehicles and made an arrest, police said. The cars were taken from the …
Posted: Mar 27, 2025
Allianz UK has appointed Adam Lloyd as Chief Underwriting Officer and Claire Buck as Chief Technical Officer, a newly created role, in its Commercial arm covering Mid Corp, Fleet, and Digital/SME, effective April 14. According to Allianz, both Llo...
Posted: Mar 27, 2025
Sompo, the global property and casualty re/insurer, announced it has been granted licenses by the regulatory authorities to write primary insurance in Belgium and the Netherlands. Sompo said the development extends its commercial P/C insurance capabi...
Posted: Mar 27, 2025
Defining a wholesale strategy for 2025 is just one of the tasks and opportunities ahead. The post QBE North America’s Julie Wood Talks to Ri...
Posted: Mar 27, 2025
NASHVILLE, Tenn. (AP) — Music City Baseball is teaming with a property company in hopes of buying land that could one day serve as the home of a Major League Baseball team. The deal between Music City Baseball and Lincoln …
Posted: Mar 27, 2025
Kevin J. O’Donnell, President and CEO of RenaissanceRe, explained that the company’s underwriting approach combines property lines with casualty and specialty to create an optimally efficient portfolio, enhancing its capacity to solve customers...
Posted: Mar 27, 2025
States’ AI-Related Legislation Aimed at Insurance Is ‘Unfo...
Posted: Mar 27, 2025
Climate Change Triggers More Extreme Weather – From Deluges to Drought Aroun...
Posted: Mar 27, 2025
A federal judge has dismissed a proposed class action filed on behalf of Pennsylvania homeowners who believe that State Farm undervalued their property damage claims in its use of the Xactimate software that is popular with insurers. The lead plainti...
Posted: Mar 27, 2025
Sompo, a global provider of commercial and consumer P&C re/insurance, has expanded its operations in Continental Europe with authorisation by regulatory authorities to write primary insurance locally in Belgium and the Netherlands. Sompo’...
Posted: Mar 27, 2025
A federal judge on Wednesday sentenced a Miami insurance broker to 41 months in prison and more than $5 million in restitution for defrauding a Georgia credit union by obtaining loans for condominium associations’ premium financing, then using...
Posted: Mar 27, 2025
Global insurance intermediary The Ardonagh Group has reported a 24% increase in income for the full year 2024 (FY’24) to $1.99 billion as adjusted EBITDA grew by 31% to $683 million. The pro forma income for FY’24 was reported at $2.5 billion, and...
Posted: Mar 27, 2025
Insly has promoted Hammad Mirza to Chief Marketing Officer. In his new role, Mirza will expand the marketing team, inject greater speed into the go-to-market strategy, and build greater efficiency and alignment between marketing, sales, and product.
Posted: Mar 27, 2025
Insurance Business Magazine - US
Posted: Mar 27, 2025
Insurance Business Magazine - US
Posted: Mar 27, 2025
Hannover Re has renewed a cyber catastrophe bond that provides $20 million worth of retrocessional protection against the accumulation of losses caused by a sustained cloud-outage event during 2025-2026. Cumulus Re II is 45% larger than the first ite...
Posted: Mar 27, 2025
The US Federal Aviation Administration said it must improve the way it identifies potentially risky air-traffic situations, following a deadly midair collision between a US Army helicopter and American Airlines Group Inc. regional jet in January. ...
Posted: Mar 27, 2025
Fortitude Group Holdings, a wholly owned subsidiary of Fortitude Re, has announced the pricing of a private offering of $750 million aggregate principal amount of 6.25% senior unsecured notes due 2030. The company intends to use the net proceeds f...
Posted: Mar 27, 2025
Artificial intelligence company Anthropic convinced a California federal judge on Tuesday to reject a preliminary bid to block it from using lyrics owned by Universal Music Group and other music publishers to train its AI-powered chatbot Claude. U.S....
Posted: Mar 27, 2025
Mangrove Property Insurance Company, a newly formed Florida insurer, has announced the appointment of Tim Cotton as Chief Operating Officer. Cotton, a seasoned leader in the property insurance industry, has 30 years of experience, including 28 yea...
Posted: Mar 27, 2025
ING has become the first systemically important global bank to have its climate goals validated as being in line with efforts to limit global warming to 1.5 degrees Celsius, the body responsible for awarding the standard said on Wednesday. The …...
Posted: Mar 27, 2025
MAPFRE Economics, the research arm of MAPFRE, a Spain-based insurance company, has raised its global growth forecast in its latest Economic and Industry Outlook 2025 report, projecting a 3.1% increase in global GDP for 2025, a slight upward revisi...
Posted: Mar 27, 2025
SiriusPoint has entered a strategic partnership with Balance Partners, a North American managing general underwriter, to provide capacity for Balance Partners’ new Excess Construction Liability program, Vertical, which underwrites lead and followi...
Posted: Mar 27, 2025
Veteran insurance and reinsurance executive Simone Camilla Oliveira has launched Uplift Strategy Consulting, a London-based boutique advisory firm that aims to drive transformations for re/insurers. Uplift Strategy Consulting helps its clients tra...
Posted: Mar 27, 2025
Western officials have accused Russia and its proxies of staging dozens of attacks and other incidents across Europe since the invasion of Ukraine three years ago, according to data collected by The Associated Press. They allege the disruption campai...
Posted: Mar 27, 2025
Bermuda-based global specialty insurer Ascot Group has announced the appointment of Edel Chatterton as Chief Financial Officer, Ascot U.K. and Ascot Underwriting Limited (AUL). In this role, Chatterton will oversee Ascot U.K.’s finance organ...
Posted: Mar 27, 2025
AM Specialty Insurance Company (ASIC), a provider of specialised insurance products, has appointed Stefanie Milch as its new Head of Claims. The firm stated that this appointment underscores its commitment to providing innovative risk solutions su...
Posted: Mar 27, 2025
Goldman Sachs Asset Management, an investment firm managing assets across diverse sectors, has released its 14th Annual Global Insurance Survey, offering insight into how insurers are adjusting their investment strategies in response to evolving e...
Posted: Mar 27, 2025