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Palomar has reported a net income of $46.5 million for Q2 2025, up from $25.7 million in Q2 2024, while its combined ratio improved to 78.8%. At the same time, the firm’s gross written premiums increased 28.8% to $496.3 million in Q2 2025, a...
Posted: Aug 05, 2025
Global insurer Chubb, has announced the appointment of Michael Babington as Head of Claims for Europe, Middle East and Africa (EMEA), effective 1 November 2025. Babington succeeds Richard Shanks, who will continue in the role until November. In hi...
Posted: Aug 05, 2025
The UK P&I Club, a provider of Protection & Indemnity insurance to the global shipping industry, has introduced UK Fixed, a Fixed Premium Protection & Indemnity (P&I) product specifically designed for owners of smaller vessels. Thi...
Posted: Aug 05, 2025
Hong Kong set a rainfall record for August after violent storms lashed the city on Tuesday, leading to flight delays and commuter chaos. About 356 millimeters (14 inches) of precipitation was recorded at the Hong Kong Observatory’s headquarters...
Posted: Aug 05, 2025
This post is part of a series sponsored by Expert Insured. Southern Insurance Underwriters (SIU) handles a high volume of emails every day – from submissions and endorsements to cancellations and quote requests. For a long time, those emails were ...
Posted: Aug 05, 2025
Insurance holding company W. R. Berkley Corporation has announced the appointment of Wayne Ashley as President of Berkley Re UK Limited, effective October 2025, and confirmed that he will take over as Chief Executive Officer (CEO) of the company i...
Posted: Aug 05, 2025
Aircraft lessor Air Lease Corp. reported a rise in second-quarter profit and revenue on Monday, due to a $344 million insurance claim settlement plus robust aircraft rental demand. Aircraft lessors have benefited from strong lease rates as airlines r...
Posted: Aug 05, 2025
Japanese reinsurance group Toa Re has reported a strong financial performance for the fiscal year ending March 2025, with its net income increasing to 28.5 billion yen (USD 190 million). This year’s net income increased by 12.9 billion yen, or 121...
Posted: Aug 05, 2025
Greenlight Re reported net income of $0.3 million for Q2 2025, a sharp decline from $8.0 million in Q2 2024, primarily due to a $7.8 million investment loss this quarter versus $15.3 million in investment income a year earlier. David Einhorn, Chai...
Posted: Aug 05, 2025
Starr Insurance, a provider of commercial property and casualty insurance, has announced the retirement of Phil Finley as the President of Asia Pacific (APAC), and Chief Executive Officer (CEO) of Thailand. Effective August 1st, 2025, Sean Chen wi...
Posted: Aug 05, 2025
Howden, the global insurance and reinsurance broking group, has confirmed its entry into the U.S. retail market and has announced that Mike Parrish will lead the operations as Chief Executive Officer (CEO) of Howden U.S. At the same time, the brok...
Posted: Aug 05, 2025
Specialty Program Group LLC (SPG), a national operator of specialty insurance businesses, has acquired ANOVA Marine Insurance Services, LLC, a managing general agency (MGA) focused on marine, cargo, transportation, and logistics insurance. The acq...
Posted: Aug 05, 2025
Aon’s Reinsurance Solutions, the reinsurance division of global broker Aon, has appointed Mandy Phan as Head of Production, Treaty for Asia. In her new role, Phan will lead treaty business development across Asia, with a particular focus on Southe...
Posted: Aug 05, 2025
Slight Benefit in Workers Comp Outcome With N...
Posted: Aug 05, 2025
Lemonade, a digital insurance provider using AI and operating with a focus on social impact, has introduced a buildings-only Homeowners insurance product in the UK. This launch adds to the company’s existing UK offerings and reflects its gradual e...
Posted: Aug 05, 2025
A federal judge dismissed a defamation lawsuit by Devin Nunes, the former California congressman and now chief executive of Trump Media and Technology Group, against NBCUniversal over a comment by Rachel Maddow about his dealings with a suspected Rus...
Posted: Aug 05, 2025
Days after floods killed at least 135 people in Texas Hill Country, weather scientist Neil Jacobs appeared before a Senate committee as the nominee to lead the US agency that oversees forecasting. He vowed to create a cutting-edge weather modeling &#...
Posted: Aug 05, 2025
A high-profile southwest Florida insurance agent who pleaded “no contest” to absconding with thousands of dollars in premiums has been sentenced to just over a year in prison. Reid J. McDaniel, 33, of North Fort Myers, was charged a year...
Posted: Aug 05, 2025
A federal judge dismissed a defamation lawsuit by Devin Nunes, the former California congressman and now chief executive of Trump Media and Technology Group, against NBCUniversal over a comment by Rachel Maddow about his dealings with a suspected Rus...
Posted: Aug 05, 2025
Two California companies agreed to pay $1.75 million for failing to comply with cybersecurity requirements in an Air Force contract. Defense contractor Aero Turbine Inc., in Stockton, California, and private equity company Gallant Capital Partners LL...
Posted: Aug 05, 2025
Aon named Shelley Yim Northern California market leader. Yim has more 15 years of experience at Aon, currently serving as chief client officer for the West Region. She previously held regional leadership roles and managed global risk management clien...
Posted: Aug 05, 2025
Bermuda-headquartered insurer and reinsurer Arch Capital Group Ltd. has opened two new “global capabilities centres” in India at Trivandrum and Pune. These centres will enhance Arch’s ability to service its insurance, reinsurance and m...
Posted: Aug 05, 2025
Poor care coordination after workers' comp surgery worsens recovery by adding stress to already fragmented healthcare delivery. The post Optimal Coordination appeared first on...
Posted: Aug 04, 2025
Mike Parrish has been named the chief executive officer of Howden U.S., a new U.S. retail broking business of Howden, and he will start in September subject to his “fulfillment of relevant contractual obligations.” Meanwhile, Parrish—prev...
Posted: Aug 04, 2025
Mike Parrish has been named the chief executive officer of Howden U.S., a new U.S. retail broking business of Howden, and he will start in September subject to his “fulfillment of relevant contractual obligations.” Meanwhile, Parrish—prev...
Posted: Aug 04, 2025
Premiums written increased $545 million in the second quarter and $1.3 billion in the first six months of 2025.
Posted: Aug 04, 2025
Separately, Staysure is using NiCE’s CXone Mpower platform to streamline operations and enhance customer support across Europe.
Posted: Aug 04, 2025
The company announced its entry into the programs market in Canada and named David Tran as Head of Programs, Canada.
Posted: Aug 04, 2025
The minority investment was used in a subsequent $120 million tender offer to provide liquidity to existing shareholders.
Posted: Aug 04, 2025
Wholesure will license CyberCube’s Broking Manager and CyberConnect solutions.
Posted: Aug 04, 2025
The program is underwritten by Lloyd’s of London and expands RTA’s commercial auto insurance solutions to include coverage for owner-operators and fleets against losses from collisions, rollovers, theft, vandalism, and weather-related events.
Posted: Aug 04, 2025
Atrium is a specialty insurance group at Lloyd’s and a subsidiary of CRC Group.
Posted: Aug 04, 2025
The company announced the appointment of Mike Parrish as Chief Executive Officer, Howden U.S., and of Jim Hays as Vice Chairman, Howden Group Holdings.
Posted: Aug 04, 2025
The MGU was launched in October 2023 to provide coverage to the real estate, hospitality & leisure, finance, and professional services industries.
Posted: Aug 04, 2025
Hallandale, FL – August 4th 2025 London Underwriters, a leading wholesale insurance broker, is excited to announce their newest partnership with LIO Insurance, a specialty insurance company recognized for its...
Posted: Aug 04, 2025
Despite its importance, delegation continues to be managed by many enterprises through legacy tools such as spreadsheets, SharePoint folders, and generic workflow modules appended to broader platforms.
Posted: Aug 04, 2025
QBE is the first insurer to partner with Humanity Insured.
Posted: Aug 04, 2025
Insurance Business Magazine - US
Posted: Aug 04, 2025
Hanley will oversee operations and drive growth strategy for the Hartford-based commercial insurance technology firm.
Posted: Aug 04, 2025
The integration aims to streamline benefits administration for brokers, employers, and employees through Employee Navigator’s Data Exchange.
Posted: Aug 04, 2025
Let's Not Get Carried Away PaulCarroll Mon, 08/04/2025 - 19:49 Recent articles by a Wall Stree...
Posted: Aug 04, 2025
The do’s and don’ts when assigning tasks between licensees and non-licensees When in doubt, require every client-facing position to hold an appropriate license and always check with an attorney … for guidance. By Cheryl Koch, CPCU, ARM, AAI, ACSR, AF...
Posted: Aug 04, 2025
Federal judge orders insurers to produce internal documents while allowing redaction of legal advice, clarifying privilege boundaries for claims handling. The post
Posted: Aug 04, 2025
Is your agency aware that these could be happening? If you’re primarily concerned about valuation, what steps are you taking to drive growth and increase profits? By Roger Sitkins After lengthy conversations with my Private Client Group members and...
Posted: Aug 04, 2025
Federal ruling establishes that recoupment agreements are binding contracts that preserve insurers' rights to judicial coverage determinations, even after underlying claims settle. The post
Posted: Aug 04, 2025
Factors to consider while proactively and strategically planning mitigation for losses attributable to escalating property risks By Jeffrey C. Terry and Jason Trahan Catastrophic risk models are evolving rapidly. Such disastrous evidence manifested w...
Posted: Aug 04, 2025
Young employee benefits leader oversees firms expansion and initiatives By Christopher W. Cook In the insurance industry, certain dedicated young professionals stand out among their peers and are members of an elite squad of individuals. These are th...
Posted: Aug 04, 2025
Derechos Are Uncommon But Destructive Weather Events Prolonged wind events that unleash heavy rainfall...
Posted: Aug 04, 2025