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Strategic Guide to Managing Property Risk

Insurance Thought Leadership

Strategic Guide to Managing Property Risk Risk Management

Posted: Jun 25, 2025

Soaring Temperatures Stress U.S. Grids

Carrier Management

Soaring Temperatures Stress U.S. Grids Blistering heat is straining power grids across the...

Posted: Jun 25, 2025

U.S. Braces for ‘Low-Level’ Cyber Attacks by Iran After Airstrikes

Carrier Management

U.S. Braces for ‘Low-Level’ Cyber Attacks by Iran After Airstrikes U.S. official...

Posted: Jun 25, 2025

Relief for Florida Condo Owners Under New Law Alleviating Fees for Safety Upgrades

Carrier Management

Relief for Florida Condo Owners Under New Law Alleviating Fees for Safety Upgrades Florida condominium...

Posted: Jun 25, 2025

US Safety Agency Questions Tesla on Robotaxi Issues Seen in Online Videos

Carrier Management

US Safety Agency Questions Tesla on Robotaxi Issues Seen in Online V...

Posted: Jun 25, 2025

Cargo Theft Up 27% in 2024 With Continued Rise Expected: NICB

Carrier Management

Cargo Theft Up 27% in 2024 With Continued Rise Expected: NICB Tariffs, enhanced technology to...

Posted: Jun 25, 2025

First Financial to Acquire Westfield Bancorp From Ohio Farmers

Insurance Journal

First Financial announced that it has entered into a definitive agreement to acquire Westfield Bancorp, in a cash and stock transaction, from Ohio Farmers Insurance Company. Ohio Farmers is the parent company of the global property and casualty insur...

Posted: Jun 25, 2025

Ryan Transactional Risk Launches Environmental Practice Product

Insurance Journal

Ryan Transactional Risk announced the launch of a new product that will specialize in insuring the risk of cost overruns for environmental remediations and clean-ups. Ryan Transactional Risk Enviro is providing Environmental Remediation Cost Overrun...

Posted: Jun 25, 2025

People Moves: Holmes Murphy Announces New Shareholders

Insurance Journal

Holmes Murphy, headquartered in Waukee, Iowa, named 23 new employees who made their first stock purchase after completing the company’s premier leadership program, Holmes Murphy University. Shareholders help determine the direction of major com...

Posted: Jun 25, 2025

Canada Life Re to cease new business for US traditional life mortality risk reinsurance

Reinsurance News

Canada Life Reinsurance, part of financial services holding company Great-West Lifeco, has decided to stop new business for its US traditional life mortality risk reinsurance line, known as U.S. Trad Life, as the firm looks to focus on its core ma...

Posted: Jun 25, 2025

NHTSA Contacts Tesla on Robotaxi Issues Seen in Online Videos

Insurance Journal

The National Highway Traffic Safety Administration is seeking information from Tesla after reviewing online videos of a robotaxi allegedly using the wrong lane and of speeding by another driverless vehicle. The U.S. auto safety agency said it is &#82...

Posted: Jun 25, 2025

Grenada renews CCRIF SPC parametric insurance policies for 25/26

Reinsurance News

The Government of Grenada has confirmed the renewal of the country’s annual parametric insurance coverage with the Caribbean Catastrophe Risk Insurance Facility Segregated Portfolio Company (CCRIF SPC) for 2025/2026, for a total cost of roug...

Posted: Jun 25, 2025

Markets/Coverages: Brit Launches Digital Flood Product for US Market

Insurance Journal

Brit Group Holdings Limited announced the launch of Brit Flood, a new digital underwriting platform for brokers to help address the protection gap which exists in the US flood market. “With floods occurring more frequently, the role of private...

Posted: Jun 25, 2025

Howden Gets Regulatory Nod to Launch Reinsurance Unit in Kingdom of Saudi Arabia

Insurance Journal

Howden, the London-based insurance intermediary group, announced it has received regulatory approval to launch a reinsurance operation in the Kingdom of Saudi Arabia. The new business will be led by Motaz Bukhari, who has been appointed chief executi...

Posted: Jun 25, 2025

9 Questions for NFP’s Adrian Pellen

Risk & Insurance

Pellen is seeing more contractors dig into their own data to get to the root of claims. The post 9 Questions for NFP’s Adrian Pellen appeared first on

Posted: Jun 25, 2025

AXA Launches Unified Ceded Re Team for Greater Operational Alignment

Insurance Journal

AXA announced an organizational restructuring that integrates the AXA Group and AXA XL Ceded Reinsurance teams to create a unified Ceded Re team, effective July 1, 2025. The unified Ceded Re team will operate under the leadership of Guy Van …

Posted: Jun 25, 2025

Ledgebrook secures $65m in oversubscribed Series C round to drive strategic growth

Reinsurance News

Ledgebrook Inc., a technology-focused provider in the Excess and Surplus Lines insurance sector, has announced the close of a $65 million Series C funding round. The round was significantly oversubscribed and led by existing investor The Stephens...

Posted: Jun 25, 2025

College Team Physicians Wary of Greater Liability Risk With Athletes Making Money

Insurance Journal

The professionalization of college sports has prompted concern among team physicians that they will be exposed to a greater risk of being sued by athletes who claim a poor outcome from treatment caused them to lose future earnings. Before July &#8230...

Posted: Jun 25, 2025

Oaktree names Richesh Shah as MD and Head of Americas Insurance Solutions

Reinsurance News

Oaktree Capital Management, L.P. (Oaktree), a global asset management firm specialising in alternative investment strategies, has announced the appointment of Richesh Shah as Managing Director and Head of Americas Insurance Solutions. Based in New...

Posted: Jun 25, 2025

US Declares Power Emergency in Southeast on Heat Wave

Insurance Journal

The Trump administration has declared a power emergency in the US Southeast as a blistering heat wave strains grids across the country. The emergency order by the Energy Department allows Duke Energy Corp. to exceed certain air pollution limits and &...

Posted: Jun 25, 2025

Louisiana Attorney General Sues CVS for Deceptive Practices

Insurance Journal

Louisiana Attorney General Liz Murrill said on Tuesday she had filed three separate lawsuits against CVS CVS.N for unfair, deceptive and unlawful practices “that have harmed Louisiana patients, independent pharmacies, and the public at large.&#...

Posted: Jun 25, 2025

People Moves: Storey Named President of Irwin Siegel

Insurance Journal

Ryan Specialty, headquartered in Chicago, Illinois, appointed Brad Storey to president of Irwin Siegel Agency (ISA), the social service industry focused managing general underwriter which is a part of the Ryan Specialty Underwriting Managers division...

Posted: Jun 25, 2025

MetLife partners with Sprout.ai

coverager

Sprout.ai’s technology integrates into insurers’ existing systems.

Posted: Jun 25, 2025

Oregon Governor Signs Bill Providing Unemployment Pay for Striking Workers

Insurance Journal

Democratic Oregon Gov. Tina Kotek on Tuesday signed into law a bill that provides unemployment benefits to striking workers, following neighboring Washington state in adopting measures spurred by recent walkouts by Boeing factory workers, hospital nu...

Posted: Jun 25, 2025

Top 5 Critical Areas For Experienced Agents To Pay Attention

Rough Notes

To Right Now Amid the changes in our business, it’s more important than ever to focus on being a good client partner Office culture, in many respects, has been lost. With all the changes, providing clients with the service they demand feels like it h...

Posted: Jun 25, 2025

Top 5 Critical Areas For Agents To Pay Attention To Right Now

Rough Notes

Amid the changes in our business, it’s more important than ever to focus on being a good client partner Office culture, in many respects, has been lost. With all the changes, providing clients with the service they demand feels like it has become mor...

Posted: Jun 25, 2025

Howden to launch reinsurance operation in Saudi Arabia

Reinsurance News

Howden, a global insurance and reinsurance broking group, has secured regulatory approval to launch a reinsurance operation in the Kingdom of Saudi Arabia, Howden Re KSA, to be led by Motaz Bukhari as Chief Executive Officer (CEO). Howden Re KSA i...

Posted: Jun 25, 2025

New England Electric Grid Under Precautionary Alert

Insurance Journal

The electric grid for Boston and the surrounding region operated under a precautionary alert on Tuesday as the surplus of power was expected to narrow to a razor-thin margin amid soaring temperatures. ISO New England, the electric grid operator for &...

Posted: Jun 25, 2025

Homes With Toxic Smoke Damage Deepen Insurance Nightmare in LA

Insurance Journal

Months after fire tore through Los Angeles’ Pacific Palisades neighborhood, homeowners are struggling to get reimbursed — not for houses reduced to rubble, but for the damage of smoke and toxins in the properties that remain. For residents such...

Posted: Jun 25, 2025

First Tropical Storm of 2025 Season Weakens in Atlantic

Insurance Journal

Tropical Storm Andrea, the first tropical storm of the Atlantic hurricane season, was forecast to dissipate by Wednesday after forming at sea Tuesday, the National Hurricane Center said. The tropical storm was far from land in the middle of the &#823...

Posted: Jun 25, 2025

Willis report highlights rising political polarisation as a growing concern for business

Reinsurance News

Political polarisation is increasing across the globe and bringing with it a wave of uncertainty that threatens both governments and businesses, according to the latest Political Risk Index published by Willis, an advisory, broking, and risk solut...

Posted: Jun 25, 2025

E&S Insurtech Ledgebrook Raises $65 Million

Insurance Journal

Ledgebrook Inc, a technology-driven excess and surplus lines managing general agency, recently completed the close of a $65 million funding round. The oversubscribed Series C round was led by existing investor The Stephens Group, LLC . Existing inves...

Posted: Jun 25, 2025

Miller names Martin Dimas as Head of Indonesia Desk, Singapore

Reinsurance News

Miller, the independent specialist insurance and reinsurance broker, has announced the appointment of Martin Dimas as Head of Indonesia Desk, Singapore. In this role, Dimas will be responsible for driving the growth of Miller’s Indonesian reinsura...

Posted: Jun 25, 2025

Pinpoint UK now FCA-authorised as Appointed Representative of Resolution Underwriting

Reinsurance News

Pinpoint UK Solutions Ltd, the UK-based MGA of AM Specialty Insurance Group, has officially launched operations in the UK after being appointed as an Appointed Representative (AR) of Resolution Underwriting Partnership Ltd. As an AR—a regulated st...

Posted: Jun 25, 2025

Canopius-sponsored Equus approved as Lloyd’s DCA

Reinsurance News

Canopius Managing Agents Ltd (Canopius) has announced that Equus Claims Management Ltd (Equus) has been approved as a Lloyd’s Delegated Claims Administrator (DCA), following sponsorship by Canopius. Equus is a liability adjusting firm specialising...

Posted: Jun 25, 2025

DC Sues 4 Drivers With 1,000 Outstanding Traffic Violations

Insurance Journal

A Maryland resident with 414 outstanding traffic citations, including 360 for excessive speeding, is being hauled into court by District of Columbia Attorney General Brian L. Schwalb who is seeking to collect the $168,168 in unpaid fines and penaltie...

Posted: Jun 25, 2025

US cyber insurance premiums post first-ever decline in 2024: AM Best

Reinsurance News

According to a new market segment report from AM Best, direct premiums written (DPW) for US cyber insurance declined by 2.3% in 2024, dropping to just under $7.1 billion. This marks the first recorded decrease in the segment since the National Ass...

Posted: Jun 25, 2025

Eric Malterre appointed as ASR Chief Underwriting Officer

Reinsurance News

Developing markets-focused re/insurance group Africa Specialty Risks (ASR) has announced the appointment of Eric Malterre as Chief Underwriting Officer, a newly created role. Malterre will leverage his 25 years of international insurance experienc...

Posted: Jun 25, 2025

Berkley Cyber Risk Solutions launches new incident responder coverage

Reinsurance News

Berkley Cyber Risk Solutions has introduced its new Incident Responder Enhancement Endorsement, aimed at addressing the frequently overlooked human impact of responding to cyber breach events. The endorsement offers reimbursement for cancelled vac...

Posted: Jun 25, 2025

Selective Insurance appoints Ari Moskowitz as Chief Risk & Reinsurance Officer

Reinsurance News

Selective Insurance has announced the appointment of Ari Moskowitz as Chief Risk & Reinsurance Officer. Moskowitz brings nearly 20 years of re/insurance industry experience, with strong expertise in actuarial pricing and risk management. He re...

Posted: Jun 25, 2025