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Hurricane Erin Back to Category 4, on Track to Miss US; High Surf, Rip Currents Expected

Insurance Journal

Hurricane Erin has re-intensified after moving past Puerto Rico, with the dangerous storm expected to increase in size and remain over the ocean as it churns off the US East Coast later this week. Erin’s top winds strengthened to 130 …

Posted: Aug 18, 2025

Update: Hurricane Erin Strengthens, Threatens East Coast With Rough Surf

Insurance Journal

Hurricane Erin has re-intensified as it moves past the Bahamas, with the dangerous storm expected to increase in size and remain over the ocean as it churns off the US East Coast, battering beaches later this week. Erin’s top winds …

Posted: Aug 18, 2025

Update: Hurricane Erin Strengthens, Threatens US East Coast With Rough Surf

Insurance Journal

Hurricane Erin will likely become even larger as it churns past the Bahamas, avoiding land but raising the risk of high winds and flooding hundreds of miles away along North Carolina beaches. Erin’s top winds measured at 140 miles (225 …

Posted: Aug 18, 2025

Howden Re names Candy Wong as Head of Treaty for Hong Kong

Reinsurance News

Howden Re, the global reinsurance broking arm of Howden Group, has appointed Candy Wong as Head of Treaty for Hong Kong, effective August 18th, 2025. The appointment aims to further strengthen Howden Re’s commitment to building a differentiated, c...

Posted: Aug 18, 2025

Texas Blames ESG Goals in Probe of Xcel Over 2024 Wildfires

Insurance Journal

The Texas attorney general is investigating utility Xcel Energy Inc. and its contractor for two wildfires that devastated the state last year, saying the companies may have prioritized environmental and diversity goals over maintenance and safety. &#...

Posted: Aug 18, 2025

Acquinex bolsters senior leadership team with appointment of Josh Cowen as CEO

Reinsurance News

Acquinex, the specialist financial lines managing general agent (MGA), has strengthened its leadership team with the appointment of Josh Cowen as Chief Executive Officer (CEO). This appointment follows that of both co-founders, Chris Jackson and C...

Posted: Aug 18, 2025

AM Best revises credit ratings for Milli Re, citing improved capital position and economic stability

Reinsurance News

AM Best, a credit rating agency focused on the insurance industry, has upgraded the credit ratings of Millî Reasürans Türk Anonim Şirketi (Milli Re), a Türkiye-based reinsurance company. The Financial Strength Rating (FSR) has been raised from C+...

Posted: Aug 18, 2025

Carrier Revenue Growth Expected to Outpace Hiring in Next Year

Insurance Journal

Approximately 81% of insurance companies expect to increase their revenue in the next 12 months, but only about 53% expect to increase their staff in that same period, according to a new insurance labor market outlook study from The Jacobson …

Posted: Aug 18, 2025

Tampa Woman Posed as Insurance Agent, Used App to Take Payments, Indictment Says

Insurance Journal

A September trial for a Tampa woman charged with posing as an insurance agent and keeping thousands of dollars in auto insurance premiums has been postponed until December. Katrenia Lynette Harris, 54, was indicted by a federal grand jury in …

Posted: Aug 18, 2025

New York City Reports 4th Person Died Has After Legionnaires’ Disease Outbreak

Insurance Journal

A fourth person has died in connection with a Legionnaires’ disease outbreak in New York City, health officials disclosed Thursday as they revealed that some cooling towers that tested positive for the bacteria are in city-run buildings. The ou...

Posted: Aug 18, 2025

Hupman promoted to SRS Bermuda Head of Office, Reiss appointed Chair

Reinsurance News

Strategic Risk Solutions (SRS), a provider of insurance management and consulting services, has announced the promotion of Andrew Hupman to Head of Office for SRS Bermuda. Hupman has been with the SRS Bermuda office since 2008 and will continue to...

Posted: Aug 18, 2025

New York City Reports 4th Person Has Died After Legionnaires’ Disease Outbreak

Insurance Journal

A fourth person has died in connection with a Legionnaires’ disease outbreak in New York City, health officials disclosed Thursday as they revealed that some cooling towers that tested positive for the bacteria are in city-run buildings. The ou...

Posted: Aug 18, 2025

Trump’s Debanking Order Could Create Uncertainty for Banks, Sources Say

Insurance Journal

U.S. President Donald Trump’s executive order requiring banks not to discriminate against clients on political or religious grounds could create uncertainty and administrative headaches for the industry, sources said. Trump signed an executive...

Posted: Aug 18, 2025

People Moves: Chieppo Joins Mechanic Group; Foster Named Chair of NY Workers’ Comp Board

Insurance Journal

The Mechanic Group Appoints Chieppo Practice Leader The Mechanic Group, a division of Specialty Program Group LLC (SPG) headquartered in Pearl River, New York, appointed Candace Chieppo as practice leader. She is responsible for delivering coverage a...

Posted: Aug 18, 2025

The Rising Public Sector Cyber Threat

Risk & Insurance

Public entities are facing escalating cyber threats with government organizations ranking among the top three industries targeted by cybercriminals. Cyber insurance is increasingly essential for protecting critical infrastructure and citizen data....

Posted: Aug 17, 2025

Harnessing AI for Insurance Innovation: Strategies for Effective Pilots

IIR

Guardian’s Andrew Holshouser shares AI and machine learning strategies to streamline pilots, measure results, and accelerate adoption across insurance operations.

Posted: Aug 17, 2025

Mercury Insurance Files California Homeowners Rate Plan

IIR

The filing would expand coverage in wildfire-prone areas using the state’s new Sustainable Insurance Strategy.

Posted: Aug 17, 2025

Texas Windstorm Deploys Guidewire InsuranceSuite on Cloud

IIR

The Texas Windstorm Insurance Association has migrated from on-premises systems to Guidewire Cloud Platform to streamline operations.

Posted: Aug 17, 2025

Gas Valve Failure May Have Led to Fatal US Steel Plant Explosion

Insurance Journal

Preparations for a routine maintenance task may have led to an explosion at a U.S. Steel coal-processing plant near Pittsburgh that left two dead and sent 10 to hospitals, the company said Friday. U.S. Steel said it developed the information, …

Posted: Aug 17, 2025

The Insurance Polycrisis: Don’t Panic, Prepare! 

Insurance Thought Leadership

The Insurance Polycrisis: Don’t Panic, Prepare!  ITL Editorial Team Sun, 08/17/2025 - 16:59 ...

Posted: Aug 17, 2025

Vertical AI Agents in Insurance

Insurance Thought Leadership

Vertical AI Agents in Insurance AI & Machine Learning

Posted: Aug 17, 2025

What Every Insurance IT Leader Should Be Asking

Insurance Thought Leadership

What Every Insurance IT Leader Should Be Asking Data Analytics

Posted: Aug 17, 2025

Cross-Selling and Upselling at TPAs

Insurance Thought Leadership

Cross-Selling and Upselling at TPAs Claims

Posted: Aug 17, 2025

Embedded Insurance for Freight

Insurance Thought Leadership

Embedded Insurance for Freight Ecosystems

Posted: Aug 17, 2025

Transforming Catastrophe Modeling: The LLM Imperative

Insurance Thought Leadership

Transforming Catastrophe Modeling: The LLM Imperative ITL Editorial Team Sun, 08/17/2025 - 14:56 ...

Posted: Aug 17, 2025

Transforming CAT Modeling: The LLM Imperative

Insurance Thought Leadership

Transforming CAT Modeling: The LLM Imperative Risk Management

Posted: Aug 17, 2025

When the Backbone Breaks: Real-World Risks of Mainframe Bugs on the Insurance Industry

Risk & Insurance

Staff training is crucial in defending insurance company mainframe vulnerabilities. The post When the Backbone Bre...

Posted: Aug 17, 2025

Mercury Seeks 6.9% Rate Increase in Filing Based on New Cat Modeling Regulation

Insurance Journal

Mercury Insurance said it has submitted a filing based on California’s new regulation enabling catastrophe modeling to be included as a factor in ratemaking. The filing is reportedly the first to use the Verisk Wildfire catastrophe model, which...

Posted: Aug 15, 2025

Underwriting Q&A: Building Smarter Risk Tools

Insurance Thought Leadership

Underwriting Q&A: Building Smarter Risk Tools From Our Partners sradomski Fri, 08/15/2025...

Posted: Aug 15, 2025

Modives and Venn launch renters insurance solution

coverager

The partnership embeds Modives’ CheckMy Resident platform into Venn’s resident operating system.

Posted: Aug 15, 2025

Plymouth Rock and Innovative launch auto discount program

coverager

The program gives Innovative’s clients and employees exclusive discounts.

Posted: Aug 15, 2025

TPA adopts CalcFocus for life and annuity

coverager

The end-to-end solution will cover sales illustrations, new business processing, billing, commissions, and claims.

Posted: Aug 15, 2025

PCRB launches WorkComp360

coverager

Upcoming features include a statewide dashboard and DataPro+.

Posted: Aug 15, 2025

Infinity Loop raises $5 million

coverager

The funding will support go-to-market expansion, with clients in financial services, consumer packaged goods, and pharmaceuticals.

Posted: Aug 15, 2025

KBTG Teams Up with InsureMO to Build Thailand’s Connected Insurance Ecosystem

coverager

KBTG and InsureMO join forces to enable embedded insurance in Thailand to offer insurance products—travel, health, and accident—directly on their platforms via API in sectors like retail, e-commerce, real estate, healthcare, and travel.

Posted: Aug 15, 2025

First Hurricane of the Season to Bring Rain, Flooding, and Rip Tides to US

Carrier Management

First Hurricane of the Season to Bring Rain, Flooding, and Rip Tides to US The first h...

Posted: Aug 15, 2025

DOJ Sues California to End Enforcement of Emissions Standards for Trucks

Insurance Journal

The U.S. Justice Department said on Friday it has sued California in a bid to end the state’s enforcement of emissions standards for trucks. The DOJ said it filed two complaints this week in federal courts against the California Air …

Posted: Aug 15, 2025

Michelle Worrall Appointed Global Director of Insurance Product at Resilience

Risk & Insurance

The latest people news in the industry today. The post Michelle Worrall Appointed Global Director of Insurance Product at...

Posted: Aug 15, 2025

Banking’s Ailing Climate Coalition Loses Ground in Europe

Insurance Journal

Inside the world’s largest climate coalition for banks, there’s speculation that an exodus led by Wall Street could be about to spread to the European Union. The Net-Zero Banking Alliance, an organization dedicated to decarbonizing global...

Posted: Aug 15, 2025

Markel Insurance Appoints Alison Sweeney and Ije Ejim to US Fine Art & Specie Team

Risk & Insurance

The latest people news in the industry today. The post Markel Insurance Appoints Alison Sweeney and Ije Ejim to US Fine...

Posted: Aug 15, 2025

Ohio’s Roehr Insurance Partners With Higginbotham

Insurance Journal

Higginbotham announced it has partnered with Roehr Insurance, one of the largest property and casualty insurance agencies in Cincinnati, Ohio. The partnership grows Higginbotham’s presence in the Midwest and provides Roehr with expanded resourc...

Posted: Aug 15, 2025

Insurtech Funding Hits $60 Billion Milestone as AI Deals Dominate Despite Quarterly Decline

Risk & Insurance

Property and casualty insurtech funding plummets while life and health surges in mixed Q2 results, Gallagher Re reports. The post

Posted: Aug 15, 2025

Pete Sayer Joins Brown & Riding as Senior Vice President in National Property Practice

Risk & Insurance

The latest people news in the industry today. The post Pete Sayer Joins Brown & Riding as Senior Vice Presiden...

Posted: Aug 15, 2025

Dragos report estimates up to $330bn in global OT cyber risk

Reinsurance News

Dragos Inc., a company specialising in cybersecurity for operational technology (OT) environments, has released its 2025 OT Security Financial Risk Report, produced with Marsh McLennan’s Cyber Risk Intelligence Center. The report applies statistic...

Posted: Aug 15, 2025