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Howden Acquires Chilean Retail Insurance Broker Howden, the London-based insurance intermediary group, announced it has acquired Ureta & Fernandez Corredores de Seguros Limitada (U&F), an independent retail insurance broker headquartered in S...
Posted: Jun 20, 2025
Central and southern China were on high alert for more flash floods on Friday as the annual East Asia monsoon gathered pace and extreme rainfall threatened disruption in the world’s second-largest economy. Red alerts, the first for this year, w...
Posted: Jun 20, 2025
Rio Tinto agreed to pay $138.75 million to settle a lawsuit that accused the Anglo-Australian mining giant of defrauding investors by concealing problems with its $7 billion underground expansion of the Oyu Tolgoi copper and gold mine in Mongolia. A...
Posted: Jun 20, 2025
Iran is tapping into private security cameras in Israel to gather real-time intelligence about its adversary, exposing a recurrent problem with the devices that has emerged in other global conflicts. Earlier this week, after Iranian ballistic missile...
Posted: Jun 20, 2025
Concert Group, a privately owned insurance holding company, has expanded Kenneth Carter’s role in the company to include Chief Risk Officer, along with serving as Chief Claims Officer. Carter joined Concert in October 2024 as Chief Claims Of...
Posted: Jun 20, 2025
To the untrained eye, the red shipping container at Felixstowe looked no different to the thousands of others stacked up at Britain’s busiest seaport. Destined for Africa, its contents were listed as “household goods,” but to police...
Posted: Jun 20, 2025
The Oklahoma Workers’ Compensation Commission announced that it voted this spring to reduce the Multiple Injury Trust Fund assessment on workers’ compensation coverage providers from 7% to 6.29%. This is the first reduction in five years,...
Posted: Jun 20, 2025
Toyota Motors Corp. has brought a lawsuit for 6.5 billion rand ($361 million) in a South African court for 2022 flood damages that shuttered its plant near Durban, Business Day reported. The claim against Transnet SOC Ltd., the KwaZulu-Natal Departme...
Posted: Jun 20, 2025
A 6.5 billion rand ($361 million) lawsuit has been lodged in a South African court by a Japanese insurance company for a claim arising from flood damages suffered in 2022 by Toyota Motors Corp.’s plant near Durban. The claim against …
Posted: Jun 20, 2025
ADGM has announced plans to establish the Insurance Association within its jurisdiction, marking a key milestone in advancing the insurance and reinsurance sectors both within ADGM and across the United Arab Emirates (UAE). ADGM is an Internationa...
Posted: Jun 20, 2025
Shell Plc’s former head of oil trading in the US was stiffed on his 2020 bonus by more than $29 million, he claims in a lawsuit that shines a light on compensation inside the oil major’s lucrative trading unit. John …
Posted: Jun 20, 2025
Circadian Risk, headquartered in Ann Arbor, Michigan, named Frank Schools as chief financial officer (CFO). Schools will oversee the company’s financial strategy, planning, risk management and reporting functions. Schools previously worked with...
Posted: Jun 20, 2025
Send Technology Solutions Ltd (Send), an insurtech firm, has named Will Sparkes as its new Chief People Officer. The appointment comes as the company looks to formalise and expand its approach to people operations during a period of ongoing growth...
Posted: Jun 20, 2025
AmRisc, a subsidiary of Alabama-based CRC Group and Truist Insurance Holdings, has launched a reciprocal exchange, initally writing in Florida, Georgia, Alabama, California and Colorado, the company announced this week. Calais Reciprocal Insurance Ex...
Posted: Jun 20, 2025
A former Connecticut state police trooper has been arrested and charged with collecting workers’ compensation benefits totaling $8,341.00 during his employment with the Connecticut Department of Emergency Services and Public Protection (DESPP)....
Posted: Jun 20, 2025
San Francisco, California-based Pano AI announced the close of its $44 million Series B funding round. The round, which brings its total amount raised to $89 million, was led by new investor Giant Ventures, with additional new participation from Libe...
Posted: Jun 20, 2025
Alphabet Inc.’s Waymo has applied for a permit to test its robotaxis in New York City, underscoring its intent to operate in one of the largest ride-hailing markets in the US despite an absence of local regulations supporting commercially opera...
Posted: Jun 20, 2025
Credit rating agency Fitch Ratings has upgraded the Long-Term Issuer Default Rating (IDR) of QBE Insurance Group Limited to ‘A’ from ‘A-’ and raised the Insurer Financial Strength (IFS) Ratings of its core subsidiaries to ‘AA-’ from ‘A+’. The outl...
Posted: Jun 20, 2025
A Connecticut man has pleaded guilty to conspiring to obtain driver’s licenses for ineligible applicants, principally illegal aliens, federal prosecutors reported. The U.S. Attorney’s Office for Massachusetts said that Cesar Agusto Martin...
Posted: Jun 20, 2025
Deadly, Unintentional Falls Increasing for Older Adults in the U.S. Older U.S. adults are increasingly...
Posted: Jun 19, 2025
Hurricane Erick Hits Mexico’s Pacific Coast, Life...
Posted: Jun 19, 2025
Erie Insurance: ‘No Evidence’ of Ransomware in Outage; TMNA Updates...
Posted: Jun 19, 2025
Foundational, Leadership-Driven Education High Priority in Insurance Found...
Posted: Jun 19, 2025
Q1 2025 Property Claims Count Hits 5-Year Low: Verisk The first three...
Posted: Jun 19, 2025
‘Abolishing FEMA’ Memo Outlines Ways for Trump to Scrap Agency Homeland Security Secretary Kri...
Posted: Jun 19, 2025
Trump Can’t End FEMA But It Needs Reform, Says Obama’s FEMA Head President Don...
Posted: Jun 19, 2025
AI in Claims: Act Now or Be Left Behind Claims
Posted: Jun 19, 2025
5 Strategies Reshaping Insurance in 2025 Risk Management
Posted: Jun 19, 2025
The carrier will use Akur8’s machine-learning solution to accelerate model development and build transparent pricing models.
Posted: Jun 19, 2025
Using proprietary modeling, the new Location Intelligence platform provides more than 20 times the lift compared to traditional loss propensity models.
Posted: Jun 19, 2025
The future of reinsurance depends on replacing traditional methods with data-driven, tech-enabled approaches that emphasize speed, transparency, and predictive accuracy.
Posted: Jun 19, 2025
Ranchers from Andresito, Misiones relate the threat jaguars present, and how coverage prevents them from losing a year’s work in a single night—while supporting biodiversity.
Posted: Jun 19, 2025
The coverage, now in pilot in the Province of Misiones, works by indemnifying livestock owners against losses to discourage retaliatory or preventive killing of the large cats.
Posted: Jun 19, 2025
A SpaceX Starship rocket exploded on a test stand in Texas, adding to a series of setbacks to Elon Musk’s space ambitions that include trips to Mars. The huge blast enveloped the craft as it stood upright on a test …
Posted: Jun 19, 2025
Krispy Kreme released new information about its late 2024 data breach and said it is notifying affected individuals—many of them current or former employees, and their families. According to a post on its website and a notification to the attorney &#...
Posted: Jun 19, 2025
The transaction includes Eurofil's entire insurance portfolio as well as more than 300 employees.
Posted: Jun 19, 2025
LexisNexis is working with legal AI startup Harvey.
Posted: Jun 19, 2025
Zest Insurance will be available initially to businesses in the administration and support services industry.
Posted: Jun 19, 2025
SiriusPoint has provided capacity to DUPI Nordics since March 2023.
Posted: Jun 19, 2025
This integration will enable users to access products through a platform that provides quick data exchanges and efficient quoting and binding processes.
Posted: Jun 19, 2025
Bosch remains the majority shareholder of Modular Solutions.
Posted: Jun 19, 2025
Existing contracts remain in place as Allianz Direct takes over its $57M book of business in Germany and France.
Posted: Jun 19, 2025
Insurance Business Magazine - US
Posted: Jun 19, 2025
Insurance Business Magazine - US
Posted: Jun 19, 2025