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Argo Group, an underwriter of specialty insurance products in the property and casualty market, has announced the appointment of Arturo Pelaez as Chief Operating Officer. Pelaez brings over two decades of industry experience, with expertise in ins...
Posted: Jul 08, 2025
Reinsurers have gained confidence and returned to the Florida market as a result of recent legislative reforms that have transformed the state’s risk landscape, according to brokers Aon and Gallagher Re in their mid-year renewal reports. “...
Posted: Jul 08, 2025
Generali’s Global Corporate & Commercial (GC&C) business unit and Seguros Bolívar have partnered to launch a reinsurance agreement to strengthen Colombia’s large corporate segment insurance offering. The partnership aims to provide large C...
Posted: Jul 08, 2025
Apple took a challenge against EU regulators to Europe’s second highest court on Monday after they fined it 500 million euros ($587 million) earlier this year for breaching landmark rules aimed at curbing the power of Big Tech. The European ...
Posted: Jul 08, 2025
Accredited Insurance Program Management has announced the appointment of Laure Kearns as UK Chief Underwriting Officer “Laure has a fantastic track record and brings the perfect blend of technical expertise and strategic vision to our Underwriting...
Posted: Jul 08, 2025
Howden, the global insurance and reinsurance broking group, has appointed Hamish Ravindran its Chief Client Officer for Asia. Ravindran will be based out of Singapore and has 23 years of experience with commercial property insurer, FM Global. Most...
Posted: Jul 08, 2025
Insurance Europe has backed the EU’s ambition to strengthen digital infrastructure and AI adoption but stresses that the success of the Cloud and AI Development Act depends on taking an open, investment-led approach and avoiding restrictions on ac...
Posted: Jul 08, 2025
CRC Group to Acquire Lloyd’s Managing Agency Atrium Underwriting Gro...
Posted: Jul 08, 2025
White Mountains Acquiring Majority Stake in MGA Distinguished Programs B...
Posted: Jul 08, 2025
US auto safety regulators are investigating whether earlier recalls of more than a million Ram pickups did enough to address a flaw that could lead to trucks rolling away unexpectedly. The US National Highway Traffic Safety Administration received 20...
Posted: Jul 08, 2025
A second vessel was attacked by five rocket-propelled grenades in the Red Sea near Yemen, just a few hours after Houthis claimed responsibility for an earlier attack on a ship sailing in the same area, making voyages through the key …
Posted: Jul 08, 2025
Yemen’s Houthi militants continued to pound a commercial ship in the Red Sea — hours after beginning an assault on the vessel that left crew missing — the latest sign that the Tehran-backed group is once again escalating its threat …
Posted: Jul 08, 2025
Flooding has caused an average of more than 125 deaths per year and billions of dollars in damage in the United States over the past few decades, according to the National Weather Service. Flash floods are the nation’s top storm-related …
Posted: Jul 08, 2025
Auto insurers in Kentucky now have some official guidance and liability protection when determining the value of wrecked vehicles. In keeping with Senate Bill 136, approved on an emergency basis by state lawmakers this year, the Kentucky insurance co...
Posted: Jul 08, 2025
Blackouts in the US could double by 2030 amid an expected increase in power demand brought on by AI, according to a Trump administration report seen as a precursor to a broader intervention to help keep coal-fired power plants from …
Posted: Jul 08, 2025
The Venetian Resort on the Las Vegas Strip must pay $850,000 and implement policy changes to settle a religious discrimination and retaliation lawsuit. The suit, filed by the U.S. Equal Employment Opportunity Commission, names the Venetian Las Vegas...
Posted: Jul 08, 2025
State Farm has long positioned itself as the dependable “good neighbor” ready to help when disaster strikes. Through carefully crafted advertising, the company promotes a sense of comfort, security, and connection. Images of helpful agent...
Posted: Jul 08, 2025
State Farm has long positioned itself as the dependable “good neighbor” ready to help when disaster strikes. Through carefully crafted advertising, the company promotes a sense of comfort, security, and connection. Images of helpful agent...
Posted: Jul 08, 2025
CyberCube, a provider of cyber risk analytics, has identified Manufacturing, Education, IT, and Retail as the sectors most at risk of attacks from the threat actor group Scattered Spider — the group behind several recent high-profile cyber inciden...
Posted: Jul 08, 2025
In 2023, the Canada wildfires that incinerated more than 17 million hectares (42 million acres) of boreal forest were so hot they melted the paint on approaching fire trucks and smoldered underground all winter. That heat created vast columns of R...
Posted: Jul 08, 2025
Erie Insurance reports that it has restored full business operations that have been affected by a month long network outage. The company also said there is no evidence that any sensitive personal information, financial records or legally protected da...
Posted: Jul 07, 2025
Erie Insurance reports that it has restored full business operations that have been affected by a month long network outage. The company also said there is “no evidence” of a breach of any sensitive personal information, financial records...
Posted: Jul 07, 2025
The company says its code data will help insurance professionals resolve property claims faster and more accurately through Verisk’s platform.
Posted: Jul 07, 2025
The reinsurer says ICEYE’s satellite insights will enhance its catastrophe response capabilities and expedite loss assessments.
Posted: Jul 07, 2025
The acquisition will increase PIC’s capacity to support pension risk transfer deals and expand investment in long-term UK assets.
Posted: Jul 07, 2025
Atrium will maintain its brand and leadership.
Posted: Jul 07, 2025
Stop waiting months for vital eApp updates! Empower your team with direct control and unlock the agility you need. Discover how Sureify's LifetimeACQUIRE Studio helps your eApp stay current with today's dynamic environment.
Posted: Jul 07, 2025
Learn how lengthy payment system implementations impact your bottom line, from delayed ROI to hidden labor expenses. Waiting 6-12+ months can mean missing a whole year of benefits.
Posted: Jul 07, 2025
The new funding puts Wefox "on a clear path to profitability" for full year 2025.
Posted: Jul 07, 2025
The company began rolling out the policy in April 2025.
Posted: Jul 07, 2025
PHLY continues to work with law enforcement and cybersecurity experts as its forensic investigation progresses.
Posted: Jul 07, 2025
The deadly flash floods in Texas that killed more than 100 people over the Fourth of July holiday weekend will cause an estimated $18 billion to $22 billion in total damage and economic loss, AccuWeather said. The weather forecasting service …
Posted: Jul 07, 2025
In the aftermath of devastating floods in Texas, social media users have spread misinformation that cloud seeding is to blame. Meteorologists have been quick to debunk the claim, but the rumors underline how weather can be a magnet for conspiracy ...
Posted: Jul 07, 2025
Insurance Business Magazine - US
Posted: Jul 07, 2025
Insurance Business Magazine - US
Posted: Jul 07, 2025
The Daunting Warning From the Texas Flood PaulCarroll Mon, 07/07/2025 - 14:04 The flash floodi...
Posted: Jul 07, 2025
Appeals Court Decertifies GM Transmission Lawsuits General Motors persuaded a federal a...
Posted: Jul 07, 2025
2025 US Wildfires Nearly Double Over Same...
Posted: Jul 07, 2025
Billionaire Richard Li’s FWD Group Holdings Ltd. rose in its Hong Kong trading debut, reversing earlier declines, after an initial public offering that raised HK$3.5 billion ($442 million). The insurer’s stock climbed 1.1% to HK$38.40 on...
Posted: Jul 07, 2025
North Dakota Insurance Commissioner Jon Godfread announced last week that the state’s Insurance and Securities are unifying into following the passage of Senate Bill 2214 during the 2025 legislative session. The new law allows the insurance com...
Posted: Jul 07, 2025
CRC Group, the Charlotte, North Carolina-based wholesale specialty insurance distributor, has entered a definitive agreement to acquire Lloyd’s managing agency Atrium Underwriting Group Ltd. from investment funds managed by Stone Point Capital...
Posted: Jul 07, 2025
Sarah Gladki announced as Executive Director of IICF’s 2nd International Division Toronto, Ontario, July 7, 2025 –The Insurance Industry Charitable Foundation (IICF), a unique nonprofit organization dedicated to helping communities and enrichin...
Posted: Jul 07, 2025
Insurance holding company Ambac has extended from July 3, 2025, to December 31, 2025 the term of the stock purchase agreement relating to the sale of its legacy financial guarantee businesses -Ambac Assurance Corporation (AAC) and Ambac UK (AUK) &...
Posted: Jul 07, 2025
When Trump’s huge tax bill was signed into law July 4, missing were changes to the taxes third-party litigation funders pay. Once included within the One Big Beautiful Bill (OBBB) was language to tax earnings by litigation funders. Critics had...
Posted: Jul 07, 2025