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U.S. Opens Probe into Nearly 1.3M Ford F-150 Trucks Over Gear Shift Risk

Carrier Management

U.S. Opens Probe into Nearly 1.3M Ford F-150 Trucks Over Gear Shift Risk The National Highway Traffic Safety Ad...

Posted: Mar 26, 2025

Sokolova to succeed Beckmann as R+V Re Chief Underwriting Officer

Reinsurance News

R+V Re, a German reinsurer and part of the non-listed R+V Versicherung AG, has announced the appointment of Marina Sokolova as Chief Underwriting Officer, effective July 1, 2025. Sokolova, who will become a member of R+V Re’s executive team, will...

Posted: Mar 26, 2025

22-Year-Old Charged with Arson in Connection to Indianapolis Home Fire

Insurance Journal

The Marion, County Indiana Prosecutor’s Office filed arson charges with Intent to fraud against 22 year-old Gurpreet Singh, the Indianapolis Fire Department announced this week. On April 22nd, 2024, the Indianapolis Fire Department was dispatch...

Posted: Mar 26, 2025

Michigan DIFS Urges Residents to Review Insurance Policies

Insurance Journal

The Michigan Department of Insurance and Financial Services (DIFS) is encouraging Michiganders to carefully review and understand their existing insurance policies with a licensed insurance agent or trusted advisor, and to shop around to ensure the b...

Posted: Mar 26, 2025

The Baldwin Group signs $110m note purchase agreement for insurance exchange

Reinsurance News

The Baldwin Group’s reciprocal insurance exchange, Builder Reciprocal Insurance Exchange (BRIE), has entered into a note purchase agreement to raise $110 million of surplus financing through the issuance of surplus debentures (the notes). BR...

Posted: Mar 26, 2025

Texas Court Upholds $300K Settlement Against SkyWest Airlines

Insurance Journal

A federal judge in Texas has denied SkyWest Airlines, Inc.’s bid for a new trial and upheld an order that SkyWest pay a former parts clerk $300,000 in damages, the the U.S. Equal Employment Opportunity Commission (EEOC) announced. The EEOC &#82...

Posted: Mar 26, 2025

SEC to Focus on Traditional Cases Under New Leadership, Acting Director Says

Insurance Journal

The U.S. Securities and Exchange Commission will likely focus on more traditional cases under incoming leadership, including those involving individual wrongdoing and fraud targeting elders, the agency’s acting enforcement director said on Mond...

Posted: Mar 26, 2025

Canada Life Re appoints Eamon Loughnane as Global P&C leader as Gabriel Kelly retires

Reinsurance News

Canada Life Reinsurance, a provider of reinsurance solutions, has recently announced the upcoming retirement of Gabriel Kelly, a key contributor to the company’s success for over three decades, and the appointment of Eamon Loughnane as the new lea...

Posted: Mar 26, 2025

Business Leaders Underestimate Climate Risks Despite Disasters

Risk & Insurance

Global business leaders downplay climate risks despite mounting environmental disasters and supply chain disruptions worldwide, a Beazley survey finds. The post

Posted: Mar 26, 2025

New Fire Maps Put Nearly 4M Californians in Hazardous Zones

Carrier Management

New Fire Maps Put Nearly 4M Californians in Hazardous...

Posted: Mar 26, 2025

U.S Opens Probe into Nearly 1.3M Ford F-150 Trucks Over Unexpected Gear Shift

Carrier Management

U.S Opens Probe into Nearly 1.3M Ford F-150 Trucks Over Unexpected Gear Shift The National Highway Traffic Safe...

Posted: Mar 26, 2025

People Moves: Everest Group’s Chair Taranto to Retire, Succeeded by Graf; VIG Re Taps RenRe’s Hausho...

Insurance Journal

This edition of International People Moves details appointments at Everest Group and VIG Re. A summary of these hires follows here. Everest Group’s Chairman Taranto to Retire, Succeeded by Graf Everest Group Ltd., the Bermuda-based property, ca...

Posted: Mar 26, 2025

Aspida Life Re appoints Elinor Friedman to Board of Directors

Reinsurance News

Bermuda-based life and annuity reinsurance company Aspida Life Re has announced the appointment of Elinor Friedman to its Board of Directors. Friedman is a seasoned actuary bringing nearly 30 years of experience in the re/insurance industry. She s...

Posted: Mar 26, 2025

Monsanto’s Bayer to Pay Nearly $2.1 Billion in Roundup Weed Killer Lawsuit

Insurance Journal

A jury in Georgia has ordered Monsanto parent Bayer to pay nearly $2.1 billion in damages to a man who says the company’s Roundup weed killer caused his cancer, according to attorneys representing the plaintiff. The verdict marks the latest &#8...

Posted: Mar 26, 2025

LA Municipal Utility Says No Evidence Energized Power Line Caused Fire

Insurance Journal

A Los Angeles Department of Water and Power (LADWP) above-ground power line near the Pacific Palisades was energized when the Palisades Fire began early this year, but that there is no evidence that the line contributed to the blaze, the …

Posted: Mar 26, 2025

Court Affirms Administrative Law Judges’ Discretion in Workers’ Compensation Cases

Risk & Insurance

Connecticut Supreme Court empowers judges to extend temporary disability benefits beyond maximum medical improvement. The post

Posted: Mar 26, 2025

KCC releases newest version of open loss modelling platform

Reinsurance News

Karen Clark & Company (KCC) has launched the newest version of their open loss modelling platform, RiskInsight® Version 4.14, which includes new features and performance enhancements that will benefit re/insurers. The update enhances RiskInsig...

Posted: Mar 26, 2025

North Carolina Celebrates 15,000 Fortified Roofs from Grant Programs

Insurance Journal

The North Carolina Insurance Underwriting Association this week marked the 15,000th fortified roof in the state, a huge increase since the grant program began in 2017. “I applaud the NCIUA for investing over $100 million in this incredibly succ...

Posted: Mar 26, 2025

Baltimore a Year After Key Bridge Collapse

Insurance Journal

BALTIMORE – When Bobby LaPin was a young boy, his grandfather took him on his rickety boat to fish for bass and trout in the Patapsco River. Their route took them under the Francis Scott Key Bridge, where LaPin listened …

Posted: Mar 26, 2025

Joshua Hackett named Head of Casualty for Munich Reinsurance America

Reinsurance News

Global reinsurer Munich Re has appointed Joshua Hackett as Head of Casualty for Munich Reinsurance America, Inc., effective March 31st, 2025. In this role, Hackett will report to Marcus Winter, President & CEO of Munich Re – North America, and...

Posted: Mar 26, 2025

Aurora Plans for Self-Driving Trucks in Harsh Weather in Texas

Insurance Journal

Aurora Innovation AUR.O plans to allow its self-driving trucks to operate without a driver in inclement weather ahead of launching commercial trips this year in Texas, the company said on Tuesday. The autonomous trucks are expected to start operating...

Posted: Mar 26, 2025

Allianz Malaysia launches ‘SheSecures’

coverager

The goal is to build a diverse pipeline of female leaders and promote greater inclusivity across the industry.

Posted: Mar 26, 2025

Zurich Italy launches life insurance that requires 5 questions to activate

coverager

There's no need for medical exams or supporting documents.

Posted: Mar 26, 2025

Reask raises $4 million from BlueOrchard’s InsuResilience Fund

coverager

The investment will help Reask expand into broader catastrophe risk modeling.

Posted: Mar 26, 2025

PruVen Capital backs Gradial

coverager

Gradial offers AI agents to help marketing operations teams increase productivity.

Posted: Mar 26, 2025

MassMutual backs VIA in $28 million series B

coverager

The company enables secure, real-time data sharing without centralized systems.

Posted: Mar 26, 2025

Progressive named presenting sponsor of Rangers Sports Network

coverager

The network will kick off the regular season with a one-hour pregame show on March 27.

Posted: Mar 26, 2025

Farmers appoints Ankur Chaturvedi as East Territory President

coverager

He will report to Ken Walton, President of Distribution and Chief Revenue Officer at Farmers.

Posted: Mar 26, 2025

GM Insurance launches in Oklahoma

coverager

The company is now available in 14 states.

Posted: Mar 26, 2025

Ategrity Specialty files for IPO

coverager

Ategrity Specialty and Ategrity Ltd both have a financial strength rating of “A-” (Excellent) from A.M. Best.

Posted: Mar 26, 2025

HDI Embedded partners with Hepster

coverager

Hepster will be able to diversify its product portfolio and upgrade its pet insurance offerings.

Posted: Mar 26, 2025

Envest acquires Wealth Architects

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The deal adds a fourth area of focus for Envest, alongside its existing work in authorised representative networks, broking, and underwriting agencies.

Posted: Mar 26, 2025

Guidewire to acquire Quantee

coverager

Quantee raised $1.92M and serves clients including ERGO, Zurich, Cuvva, and Agria Pet.

Posted: Mar 26, 2025

Waymo to launch in Washington, D.C.

coverager

The company plans to launch in D.C. in 2026.

Posted: Mar 26, 2025

U.S. Bank personal loans now available through State Farm

coverager

The opportunity to offer U.S. Bank personal loans will be available to all State Farm agents.

Posted: Mar 26, 2025

Business as Usual

coverager

BRIE will focus on providing capacity for Baldwin’s builder-sourced homeowners book of business.

Posted: Mar 26, 2025