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Insurance Business Magazine - US
Posted: Aug 14, 2025
Verisk, a global data analytics and technology provider, has announced the appointment of Eric Spear as Chief Technology Officer (CTO) for Verisk’s Extreme Event Solutions. “We’re thrilled to welcome Eric to Verisk,” said Rob Newbold, president of...
Posted: Aug 14, 2025
British insurer Aviva has reported an operating profit of £1.1 billion in the first half of 2025, representing a 22% increase from £875 million in the same period a year earlier. General insurance premiums increased 7% to £6.3 billion in H1’25 fro...
Posted: Aug 14, 2025
Despite a $22.8 million H1 2025 net loss and a 110.1% combined ratio stemming from the English High Court’s Russia aviation ruling and California wildfires, Fidelis’s CEO has said the lessor policy dispute is effectively resolved, with only minima...
Posted: Aug 14, 2025
European insurer and parent of large reinsurer Hannover Re, Talanx Group, has generated a record half-year 2025 net income of €1.37 billion, compared to €1.09 billion in the same period last year, representing 26% growth, leading the firm to raise...
Posted: Aug 14, 2025
Cybersecurity Pros Say IoT, Large Language Models Are Risk Areas of Concern When it comes to...
Posted: Aug 14, 2025
AXA Hong Kong and Macau and MOTOGO have partnered to launch two new insurance solutions, typhoon parametric and cross-boundary travel. These two innovative insurance solutions will be provided at no cost to eligible MOTOGO members under Dah Chong...
Posted: Aug 14, 2025
Healthy underwriting margins across property and casualty (P&C) and life and health (L&H) reinsurance, as well as a solid investment result, helped reinsurance giant Swiss Re generate a 24% year-on-year rise in net income to $2.6 billion f...
Posted: Aug 14, 2025
Hong Kong’s central business district and outer airport were hit by violent gusts and a deluge of heavy rain on Thursday, with the city again issuing its highest rain warning as Tropical Storm Podul passed the region. Parts of Hong …
Posted: Aug 14, 2025
Canada Life Reinsurance, a provider of reinsurance solutions for life and health, has announced the appointment of Thomas O’Brien from Hannover Re as CEO CLRe Ireland and Head of Reinsurance Operations Europe, a Dublin-based role. O’Br...
Posted: Aug 14, 2025
LLR Partners joins Serent Capital as ePayPolicy’s strategic investment team.
Posted: Aug 14, 2025
Nigeria increased capital requirements for insurance businesses fivefold and gave operators a year to comply or risk losing their licenses. The capital threshold for non-life insurers was raised to 15 billion naira ($9.8 million) from 3 billion naira...
Posted: Aug 14, 2025
Kelso & Company, L.P., a North American-focused middle-market private equity firm, has completed the sale of its portfolio company Accession Risk Management Group to Brown & Brown in a primarily cash transaction valued at approximately $9....
Posted: Aug 14, 2025
A poll of workers recently hired into the property/casualty insurance industry conducted during a Travelers Institute webinar last month produced some unusual results, surprising one webinar panelist who leads a key business segment at Travelers. Onl...
Posted: Aug 14, 2025
Sen. Adam Schiff recently reintroduced his Incorporating National Support for Unprecedented Risks and Emergencies (INSURE) Act to create a federal catastrophic reinsurance program. The insurance industry promptly reintroduced their opposition. “...
Posted: Aug 14, 2025
Former University of Georgia and NFL quarterback Jake Fromm has been hired as client advisor for Georgia-based insurance broker Sterling Seacrest Pritchard. “I’m excited to start this new chapter of my life, building new and long-lasting...
Posted: Aug 14, 2025
Former University of Georgia and NFL quarterback Jake Fromm has been hired as client advisor for Georgia-based insurance broker Sterling Seacrest Pritchard. “I’m excited to start this new chapter of my life, building new and long-lasting...
Posted: Aug 14, 2025
It was supposed to simplify and speed the process for insurance agents trying to find private coverage for Citizens policyholders, a vital link in depopulating Florida’s oversized insurer of last resort. But a year after the $36 million Citizen...
Posted: Aug 14, 2025
It was supposed to simplify and speed the process for insurance agents trying to find private coverage for Citizens policyholders, a vital link in depopulating Florida’s oversized insurer of last resort. But a year after the $36 million Citizen...
Posted: Aug 14, 2025
The Hanover Appoints Mitchell President of Technology and Life Sciences Business The Hanover Insurance Group, Inc., headquartered in Worcester, Massachusetts, appointed Toni E. Mitchell as president of its technology and life sciences business. Mitch...
Posted: Aug 14, 2025
Brown & Brown Dealer Services has acquired the assets of Tire Shield. The Tire Shield team will join Brown & Brown Dealer Services and continue to operate from their offices in Las Vegas, Nevada. The team will report to William …
Posted: Aug 14, 2025
Zelle was sued on Wednesday by New York Attorney General Letitia James, who said the electronic payment platform’s refusal to adopt critical safety features enabled fraudsters to steal more than $1 billion from consumers. The lawsuit in a New Y...
Posted: Aug 14, 2025
A large-scale workers’ compensation fraud and tax evasion scheme that came to light when an employee was killed while removing a sign from a brewery has resulted in the sentencing of a construction firm owner. According to New York State …...
Posted: Aug 14, 2025
Shanghai Asian Insurance Brokers (UK) Ltd, alongside its Appointed Representative Altum Risk Ltd, have been authorised to fully operate on the Shanghai Insurance and Reinsurance Exchange (SIRE) platform. This authorisation, effective from 6 March...
Posted: Aug 14, 2025
An employer has pleaded guilty to criminal charges after investigation into deadly nitrogen leak held the company responsible. California Ranch Foods, a subsidiary of Golden West Food Group, pleaded guilty to two misdemeanor counts after being crimin...
Posted: Aug 14, 2025
Another Downgrade for State Farm General: S&P Lowers Rating to A- Earl...
Posted: Aug 13, 2025
When 2 Records Walk into a Claim… Commercial Lines
Posted: Aug 13, 2025
San Francisco, CA — August 13, 2025 — Ascend, the leading accounting automation platform for the insurance industry, is proud to announce a strategic expansion of its partnership with Embroker...
Posted: Aug 13, 2025
Previsico is a flood intelligence platform.
Posted: Aug 13, 2025
Upon completion of the transaction, Sapiens’ common shares will no longer be publicly listed, and Sapiens will become a privately held company.
Posted: Aug 13, 2025
Arden specializes in solutions for multi-family habitation risks with an in-force portfolio of more than 120,000 buildings insured.
Posted: Aug 13, 2025
The company has appointed David Murie to the newly created role of Head of AXIS Capacity Solutions.
Posted: Aug 13, 2025
These appointments are effective Monday, September 15, 2025.
Posted: Aug 13, 2025
The startup makes it easier for whole life policyowners to access their cash value.
Posted: Aug 13, 2025
The Influencer by QBE is currently available to policyholders and their influencers within the United States.
Posted: Aug 13, 2025
BrokerSafe offers up to $5 million in primary limits and an additional $5 million in excess capacity available from the London market.
Posted: Aug 13, 2025
Tropical Storm Erin Could Become Atlantic Season’s 1st Hurricane Tropical Storm Erin formed Monday in t...
Posted: Aug 13, 2025
State Focus: Missouri Insured Catastrophe Losses Near $2B in 2025 Severe weather events have already caused...
Posted: Aug 13, 2025
Security Flaw That Could Have Left Millions of Dell Laptops Vulnerable Fixed A flaw in the chips used to sec...
Posted: Aug 13, 2025
New WCRI research reveals surgical claims are up to nine times more likely to become high-cost cases, with timing of intensive care emerging as critical factor. The post
Posted: Aug 13, 2025
Managing Hyper-Volatility in the Modern Age Risk Management
Posted: Aug 13, 2025
Delaware Supreme Court decision in 3M earplug case establishes that self-insured retentions must be paid by the named insured, not parent companies, potentially affecting how corporations structure litigation defense. The post
Posted: Aug 13, 2025