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MS Re adjusts leadership within underwriting operations

Reinsurance News

Global reinsurer MS Reinsurance (MS Re) has made numerous leadership changes to its underwriting operations in certain regions and also announced structural adjustments within the Americas, International, and Global Specialty Lines business units...

Posted: Jul 02, 2025

McGill and Partners launches cyber coverage for battery storage sector

coverager

Backed by certain Lloyd’s underwriters.

Posted: Jul 02, 2025

ReSource Pro acquires Propellint

coverager

Propellint is a systems integrator and business services provider specializing in technology solutions for the P&C industry.

Posted: Jul 02, 2025

Starpeak renews binder with AXA XL’s UK & Lloyd’s business

Reinsurance News

Starpeak, a digital distributor of specialist insurance products, has renewed its long-standing binder arrangement with AXA XL’s UK & Lloyd’s business. The renewal marks the 10th year of their successful partnership, which has significantly co...

Posted: Jul 02, 2025

Liberty GTS appoints Nicholas Lunn and Barbara Magni to regional leadership roles

Reinsurance News

Liberty Global Transaction Solutions (Liberty GTS), part of Liberty Mutual Insurance, has announced the appointments of Nicholas Lunn as Head of the UK, Central Eastern Europe, the Middle East, and Africa, and Barbara Magni as Head of Southern Eur...

Posted: Jul 02, 2025

David Carlson to lead Aon’s Global Industrial and Manufacturing team

Reinsurance News

Global re/insurance broker Aon has announced that David Carlson will join the firm as its global industrial and manufacturing leader, effective July 1st, 2025. Carlson will focus on advancing Aon’s industry strategy by deepening sector-specific in...

Posted: Jul 02, 2025

Viewpoint: Broker’s Key Takeaways From kWh Analytics’ 2025 Solar Risk Report

Insurance Journal

The 2025 Solar Risk Assessment report, recently released by kWh Analytics, has sparked significant discussion among industry professionals about the evolving challenges facing renewable energy assets. To explore the report’s findings in depth,...

Posted: Jul 02, 2025

People Moves: Kaminski Returns to Zurich NA to Lead Direct Markets; Chubb Names Williams Private Equ...

Insurance Journal

Todd Kaminski, a 30-year veteran of Schaumburg, Illinois-based Zurich North America, returns as head of direct markets, effective July 7. Kaminski will report to Kristof Terryn, CEO of Zurich North America. He will be part of Zurich North America&#82...

Posted: Jul 02, 2025

General Mills Changing Nature Valley Labels After Lawsuit’s Herbicide Claim

Insurance Journal

General Mills Inc agreed to stop calling the oats in its Nature Valley granola bars 100 percent natural to settle a lawsuit by three consumer groups that said the bars contained small amounts of the herbicide commonly known as Roundup. …

Posted: Jul 02, 2025

Judge Mutes GEICO Call Center Workers’ Class-Action Demands Over Unpaid Time

Insurance Journal

A federal judge in Georgia has put a block on some GEICO call center employees’ efforts to create a class action against the insurer, which they claim failed to pay for time spent booting up computers and preparing for telemarketing. …

Posted: Jul 02, 2025

Hancock Claims Acquires Knight’s Solutions, Expanding Service in SE, Midwest

Insurance Journal

Hancock Claims Consultants, a 22-year-old claims adjusting firm with offices in Georgia and Kentucky, has acquired Knight’s Solutions, an inspection firm that works claims in the Midwest and Southeast. Neither company is a public adjuster firm...

Posted: Jul 02, 2025

Washington Insurance Commissioner Issued $838K in Fines

Insurance Journal

Washington Insurance Commissioner Patty Kuderer’s office issued more than $839,750 in fines for insurance law violations in the second half of May and the first half of June, including a $275,000 fine for an illegal healthcare sharing ministry,...

Posted: Jul 02, 2025

ResourcePro Acquires Tech Services Firm Propellint

Insurance Journal

Insurance operations specialist ReSource Pro has acquired Propellint, a Hartford, Connecticut-based tech services firm that specializes in implementing claims administration software. The deal expands New York-based ReSource Pro’s technology se...

Posted: Jul 02, 2025

Resource Pro Acquires Tech Services Firm Propellint

Insurance Journal

Insurance operations specialist ReSource Pro has acquired Propellint, a Hartford, Connecticut-based tech services firm that specializes in implementing claims administration software. The deal expands New York-based ReSource Pro’s technology se...

Posted: Jul 02, 2025

IAG’s FY’25 natural peril costs come in below budget at ~$1.1bn

Reinsurance News

Insurance Australia Group (IAG) has reported estimated natural perils costs for the financial year 2025 of approximately $1.08 billion, which is $200 million lower than its allowance for the period. Ahead of its FY’25 results, which will be announ...

Posted: Jul 02, 2025

Maryland Woman Charged With Theft of Contractor and Insurance Funds

Insurance Journal

A Maryland woman has been indicted on two counts of felony theft for allegedly stealing funds from a general contractor and from the state’s backup auto insurer. Attorney General Anthony G. Brown said an Anne Arundel County grand jury charged &...

Posted: Jul 02, 2025

Ukraine: Insurance Under Fire

Insurance Thought Leadership

Ukraine: Insurance Under Fire ITL Editorial Team Tue, 07/01/2025 - 20:59 ...

Posted: Jul 01, 2025

Cary, N.C. Courts Insurers, InsurTechs with Talent, Quality of Life

IIR

Cary’s leaders pitch the North Carolina town’s talent, cost advantages, and business climate as reasons insurers and technology vendors should consider it for new operations.

Posted: Jul 01, 2025

Triple-I Appoints Patrick Schmid Chief Insurance Officer; Will Also Lead Catastrophe Resiliency Coun...

Insurance Information Institute

Media Contact: Mark Friedlander 904-806-7813 [email protected]   MALVERN, Pa., July 2, 2025 – The Insurance Information Institute (Triple-I), an affiliate of The Institutes, announced today Patrick Schmid has been appointed chief insurance officer at Tri...

Posted: Jul 01, 2025

Milliman Telematic Risk AccuRate Fleet Scores Approved in 40 States

IIR

The telematics-based scoring system enables insurers and fleet managers to assess driving risk and pricing across most of the country.

Posted: Jul 01, 2025

Nationwide Finalizes $1.25 Billion Deal for Allstate Stop Loss Unit

IIR

The acquisition expands Nationwide’s stop loss insurance offerings and creates a new group benefits segment led by Lindsey Murray.

Posted: Jul 01, 2025

Scattered Spider Attacks Emerge as Game-Changing Cyber Threats

IIR

Insurers face a new level of cyber risks as sophisticated attackers target operations, vendors, and critical systems, raising new resilience challenges.

Posted: Jul 01, 2025

Helping Policyholders Manage Risk 

Insurance Thought Leadership

Helping Policyholders Manage Risk  ITL Editorial Team Tue, 07/01/2025 - 19:59 ...

Posted: Jul 01, 2025

The New Rules of Underwriting

Insurance Thought Leadership

The New Rules of Underwriting Underwriting

Posted: Jul 01, 2025

No recovery for injured party

Rough Notes

INSURANCE-RELATED COURT CASESDigested from case reports published onlineCOURT DECISIONS No recovery for injured party In August 2019, James Cooper was injured in an accident while riding as a passenger in a car owned by Rick Huffman. Both Cooper and...

Posted: Jul 01, 2025

‘Generali’ Sign Atop Insurer’s Skyscraper Offices Collapses in Milan

Carrier Management

‘Generali’ Sign Atop Insurer’s Skyscraper Offices Collapses in Milan One of...

Posted: Jul 01, 2025

Florida Condo Collapse Investigation Expected to Finish in 2026

Carrier Management

Florida Condo Collapse Investigation Expected to Finish in 2026 More than four years after a Florida co...

Posted: Jul 01, 2025

As New Orleans Sinks, So Do its $15B Flood Defenses: Study

Carrier Management

As New Orleans Sinks, So Do its $15B Flood Defenses: Study Parts of New Orleans and its surrounding wetlands...

Posted: Jul 01, 2025

OSHA Renews Emphasis on Preventing Amputations in Industrial Settings

Carrier Management

OSHA Renews Emphasis on Preventing Amputations in Industr...

Posted: Jul 01, 2025

Can ATV injury qualify for recovery?

Rough Notes

INSURANCE-RELATED COURT CASESDigested from case reports published onlineCOURT DECISIONS Can ATV injury qualify for recovery? Jacey Lee Orlando was a passenger in an ATV when it overturned in California’s Imperial Sand Dunes, seriously injuring her le...

Posted: Jul 01, 2025

How Much Does a Heat Wave Cost? Insurers and CEOs Want to Know

Insurance Journal

When a hurricane or a wildfire strikes, the economic damage is usually very visible — roofs are ripped off or charred homes line roads. Heat waves cause financial damage, too, but it’s more diffuse: Farm crops might wither, construction workers...

Posted: Jul 01, 2025

Tangled: When Producers Change Agencies But Not Carriers

coverager

For many independent agents, the agency is as close as they get to having a built-out team. Having an agency that makes you feel like part of a team can be a serious differentiator.

Posted: Jul 01, 2025

Great American introduces Contactors ProProtect

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Great American Environmental announces new program and quoting tool for Professional Liability and Contractor Pollution Liability for small business contractors.

Posted: Jul 01, 2025

Allianz Commercial partners with Hydor

coverager

Allianz Commercial appoints Hydor as MGA for Marine Liability insurance in Asia Pacific.

Posted: Jul 01, 2025

Cambridge Mobile Telematics Crosses 1 Million Drivers in Japan

coverager

Telematics adoption grows as drivers turn to data-driven safety and savings July 1, 2025, Tokyo, Japan — Cambridge Mobile Telematics (CMT), the world’s largest telematics provider, announced today that it...

Posted: Jul 01, 2025

Neace Ventures invests in Afore Insurance

coverager

The firm aims to become a leading national insurance distribution platform.

Posted: Jul 01, 2025

ERGO finalizes acquisition of Next Insurance

coverager

All conditions required for the closing of the transaction have been satisfied by the companies according to schedule.

Posted: Jul 01, 2025

Bishop Street Underwriters acquires Aerospace Insurance Managers

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This acquisition marks Bishop Street’s entry into the aviation insurance market.

Posted: Jul 01, 2025

Aviva secures £249M buy-in for Molins UK Pension Fund

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The sponsoring employer is Mpac Group PLC.

Posted: Jul 01, 2025

LevelBlue to acquire Trustwave

coverager

The acquisition builds on LevelBlue’s recently announced agreement to acquire Aon’s cybersecurity consulting units.

Posted: Jul 01, 2025

Accelerant files for IPO

coverager

The deal creates a €1.5 trillion European asset management platform.

Posted: Jul 01, 2025

State code question debated

Rough Notes

INSURANCE-RELATED COURT CASESDigested from case reports published onlineCOURT DECISIONS State code question debated Casey Cotton was involved in a car collision with Caleb and Adriane Crabtree, resulting in severe injuries to Caleb. The Crabtrees fil...

Posted: Jul 01, 2025

Newsom Signs Bill Overhauling California’s Landmark Environmental Law

Insurance Journal

Gov. Gavin Newsom on Monday signed into law a bill that will remake California’s landmark environmental protection rules, an overhaul that he says is essential to address the state’s housing shortage and resulting homelessness crisis. New...

Posted: Jul 01, 2025

Relation Insurance Acquires Oklahoma’s Advantage Insurance Group

Insurance Journal

Relation Insurance Services acquired the assets of Advantage Insurance Group. The transaction went into effect on May 31, 2025; terms of the transaction were not disclosed. Advantage Insurance Group, a family-owned business based in El Reno, Oklahoma...

Posted: Jul 01, 2025

First Mid Insurance Group Expands Presence in Illinois With Acquisition

Insurance Journal

First Mid Insurance Group, a provider of comprehensive insurance solutions, announced its acquisition of certain assets from AAdvantage Insurance, including the former Waterman-Neely agency based in Chatham, Illinois. This strategic acquisition advan...

Posted: Jul 01, 2025

Protected: Empty Shelves, Broken Hearts

Risk & Insurance

There is no excerpt because this is a protected post. The post Protected: Empty Shelves, Broken Hearts appeared first on Risk &am...

Posted: Jul 01, 2025

NOT ALL QUOTES ARE CREATED EQUAL

Rough Notes

A lesson in insurance quote comparisons Whether it’s to catch mistakes, find oversights, or discover carrier limitations, it’s critical that new producers learn to check quotes … .   By Marc McNulty, CIC, CRM Many years ago, when I first entered the...

Posted: Jul 01, 2025