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Waymo Expands Robotaxi Services Into More Parts of San Francisco Bay Area

Insurance Journal

Waymo will expand into more areas of the San Francisco peninsula and parts of Silicon Valley, as the sole commercial robotaxi operator in the U.S. seeks to scale up operations, the Alphabet unit said on Tuesday. The self-driving technology firm &#823...

Posted: Jun 19, 2025

Alex Jones Accused of Hiding Assets as Sandy Hook Families Seek Payment

Insurance Journal

The trustee overseeing Infowars host Alex Jones’ personal bankruptcy case is accusing the far-right conspiracy theorist of trying to shield more than $5 million from creditors, including relatives of victims of the 2012 Sandy Hook Elementary Sc...

Posted: Jun 19, 2025

WTW appoints Ryan Pischke as Growth Leader for Michigan and Ohio, CRB

Reinsurance News

WTW, an advisory, broking, and solutions firm, has appointed Ryan Pischke as Growth Leader for Michigan and Ohio within its Corporate Risk & Broking (CRB) segment in North America. In this role, Pischke will focus on expanding WTW’s presence i...

Posted: Jun 19, 2025

$20 Million Travelers Golf Championship Tees Off Today in Connecticut

Insurance Journal

The 2025 Travelers Championship gets underway Thursday, June 19 at TPC River Highlands in Cromwell, Connecticut. All 72 players in this year’s tournament will compete for four rounds. The Travelers Championship offers a $20 million purse, with...

Posted: Jun 19, 2025

UBS Confirms Data Stolen After Hack at External Supplier

Insurance Journal

UBS Group AG said that information about the company had been stolen in a cyber attack on one of its suppliers, following a report a Swiss newspaper that data on more than 130,000 employees had been subject to a hack. …

Posted: Jun 19, 2025

Inszone Insurance Services Acquires Evers Insurance LLC

Insurance Journal

Inszone Insurance Services acquired Evers Insurance LLC in Cave Creek, Arizona. Evers Insurance specializes in commercial insurance, particularly in the garage and auto dealer industries. It was founded in 2011 by Britt Evers. Jake Evers also contrib...

Posted: Jun 19, 2025

Triple-I: New Research Suggests Link Between Litigation Funding, Attorney Ads

Carrier Management

Triple-I: New Research Suggests Link Between Litigation Funding, Attorney Ads According to research from the Ameri...

Posted: Jun 18, 2025

Nuclear-Powered Cargo Ships Promise Cleaner Transport but Could Be Hard to Insure

Carrier Management

Nuclear-Powered Cargo Ships Promise Cleaner Transport but...

Posted: Jun 18, 2025

Planetary Waves Linked to Extreme Summer Weather Have Tripled Since 1950

Carrier Management

Planetary Waves Linked to Extreme Summer Weather Have Tripled Since 1950 Climate change has tripled the...

Posted: Jun 18, 2025

U.S. Manufacturers Remain Optimistic Despite Challenges: Survey

Carrier Management

U.S. Manufacturers Remain Optimistic Despite Challenges: Survey Despite facing a variety...

Posted: Jun 18, 2025

North Carolina Lake Town’s Dam Rebuilding Plans in Limbo After FEMA Cuts

Carrier Management

North Carolina Lake Town’s Dam Rebuilding Plans in Limbo After FEMA Cuts When Hurricane Helene's flood waters...

Posted: Jun 18, 2025

Catholic Order of Foresters Selects ManageMy for Digital Engagement

IIR

New member and agent portals launched to enhance service and streamline access across catholic fraternal society.

Posted: Jun 18, 2025

INSHUR Appoints Tal Brener as CFO, Mark Dennis as European COO

IIR

INSHUR adds financial and operational leadership to support growth in on-demand insurance markets.

Posted: Jun 18, 2025

Triple-I: Lightning Caused $1.04B in US Homeowners Claim Payouts in 2024; Frequency Drops 21.5% Year...

Insurance Information Institute

For Immediate Release Loretta Worters, New York Press Office, 917-208-8842, [email protected]      MALVERN, Pa., June 19, 2025 – U.S....

Posted: Jun 18, 2025

Modular Solutions Secures Funding in Round Led by Tailwind Ventures

IIR

The Calgary-based InsurTech will use the investment to improve onboarding, enhance platform features, and expand AI capabilities.

Posted: Jun 18, 2025

Viasat Identified as Victim in Sweeping Phone Hack Tied to China

Insurance Journal

Viasat Inc. is the latest US communications company identified as a victim of the sweeping surveillance hack blamed on the Chinese government that emerged during last year’s presidential campaign, according to people familiar with the matter. T...

Posted: Jun 18, 2025

LA Mayor Lifts Downtown Curfew She Imposed During Protests

Insurance Journal

Downtown Los Angeles businesses hoped customers would return quickly after Mayor Karen Bass lifted a curfew she had imposed last week to prevent vandalism and break-ins during nighttime protests against President Donald Trump’s immigration crac...

Posted: Jun 18, 2025

Justices Back Temporary Texas Nuclear Waste Storage Site

Insurance Journal

The US Supreme Court left intact a federal plan to store as much as 40,000 tons of highly radioactive waste at a temporary site in west Texas over the objections of local landowners and oil and gas operators. Voting 6-3, …

Posted: Jun 18, 2025

Moody’s upgrades ratings of AIG P&C subsidiaries with stable outlook

Reinsurance News

Credit ratings agency, Moody’s Ratings, has upgraded the insurance financial strength ratings of global insurer AIG’s major property & casualty (P&C) subsidiaries in the US, UK and Europe to A1 from A2, with the outlook revised...

Posted: Jun 18, 2025

Trucordia completes debt refinancing

coverager

The transaction closes concurrently with the $1.3 billion strategic investment from Carlyle announced earlier this month.

Posted: Jun 18, 2025

TravelPerk partners with Battleface

coverager

The coverage can be added directly on TravelPerk when making a booking.

Posted: Jun 18, 2025

Porch Group announces a renewed partnership with Goosehead Insurance

coverager

Earlier this month Porch Group announced distribution partnerships with Roamly, Evertree Insurance, and MassDrive.

Posted: Jun 18, 2025

Tokio Marine HCC appoints Elizabeth Geary to lead North America P&C businesses

coverager

Geary brings more than two decades of underwriting and senior leadership experience to TMHCC.

Posted: Jun 18, 2025

Progressive reports 86.9% CR for May

coverager

Prudential Financial led the round.

Posted: Jun 18, 2025

Porch Group renews partnership with Goosehead to support Reciprocal Exchange growth

Reinsurance News

Porch Group, Inc., a homeowners insurance provider, announced the renewal of its partnership with Goosehead Insurance. Growing Porch Reciprocal Exchange insurance premiums in a profitable way is an important strategic objective for the Company. Th...

Posted: Jun 18, 2025

Carnival Cruise Lines Not Liable for Teen’s Sexual Assault on Ship, Appeals Court Finds

Insurance Journal

Carnival Cruise Lines could not have foreseen a sexual assault on a teenager, despite a lack of security presence at the time, the sneaking of booze on to the ship by an alleged assailant, and reports of more than 100 …

Posted: Jun 18, 2025

Allstate estimates May cat losses at $777m

Reinsurance News

The Allstate Corporation has estimated catastrophe losses for May 2025 of $777 million or $614 million, after-tax. These losses stemmed from 11 separate events, with roughly 70% attributable to three widespread wind and hailstorms. By comparison,...

Posted: Jun 18, 2025

Parametric Insurer Descartes Receives Investment From Battery Ventures

Insurance Journal

Descartes Underwriting, the Paris-based parametric insurer for climate and emerging risks, announced a strategic investment by Battery Ventures, a technology-focused investment firm. Financial details of the investment were not disclosed. The transac...

Posted: Jun 18, 2025

People Moves: Liberty Mutual Names Bhatnagar President, GRS Major Accounts; Geary Hired as TMHCC CEO...

Insurance Journal

Liberty Mutual Insurance Appoints Bhatnagar President, Major Accounts, GRS North America; Fallon Announces Retirement Liberty Mutual Insurance, headquartered in Boston, named Neal Bhatnagar president, major accounts, of Global Risk Solutions (GRS) No...

Posted: Jun 18, 2025

WTW names Linda Fisher to lead law firm strategy within FIPS division

Reinsurance News

Willis, a WTW business, has appointed Linda Fisher to lead its law firm segment within the Financial Services and Professional Services (FIPS) division across North America. Operating out of Chicago and reporting to Brad Messinger, Leader of the F...

Posted: Jun 18, 2025

Texas Supreme Court Rules Nonsubscribing Employers Can Designate Responsible Third Parties

Risk & Insurance

Ruling provides important clarity for insurance carriers covering nonsubscribing employers in Texas. The post

Posted: Jun 18, 2025

Louisiana Court Rules in Favor of Asbestos Victim’s Family in Insurance Coverage Dispute

Risk & Insurance

Appeals court rules insurers failed to prove policy exclusion applied to long-latency disease claim. The post Lo...

Posted: Jun 18, 2025

United Risk completes acquisition of specialty reinsurance MGA Pinnacle Underwriting

Reinsurance News

United Risk, a global property and casualty insurance underwriting and distribution platform, has completed the acquisition of Pinnacle Underwriting Pty Ltd. and its affiliate Pinnacle Holdings Group Pty Ltd. (collectively, Pinnacle Underwriting)....

Posted: Jun 18, 2025

King Risk Acquires Nobles Agency in North Carolina

Insurance Journal

King Risk Partners, one of the largest insurance brokerages in the U.S., has acquired Nobles Insurance Agency in North Carolina, King Risk announced this week. Nobles, with offices in Raleigh, Clayton and other cities, has been in business for almost...

Posted: Jun 18, 2025

Groups Notify Musk’s AI Company of Intent to Sue Over Facility Pollution in Memphis

Insurance Journal

The NAACP and an environmental group said Tuesday that they intend to sue Elon Musk’s artificial intelligence company xAI over concerns about air pollution generated by a supercomputer facility located near predominantly Black communities in Me...

Posted: Jun 18, 2025

Perelman at $410 Million Art Trial Says Fire Faded His Works

Insurance Journal

Ron Perelman told a judge that five of his paintings totaling over $400 million in value lost their luster from a fire in his Hamptons home, at the trial of his lawsuit seeking to force his insurers to cover the …

Posted: Jun 18, 2025

Finnish Insurer Sampo Picks Thorsrud as CEO to Succeed Magnusson

Insurance Journal

Finland’s Sampo Oyj appointed Morten Thorsrud to succeed retiring Torbjorn Magnusson as chief executive officer, in a sign of continuity at the helm of the property and casualty insurer. Thorsrud, who currently runs the If P&C unit within t...

Posted: Jun 18, 2025

Chedid Re promotes Jalal Tabaja to Deputy Head of Facultative

Reinsurance News

International reinsurance broker Chedid Re, part of Chedid Capital, has promoted Jalal Tabaja to the role of Deputy Head of Facultative. In his new role, Tabaja will lead the broker’s facultative division, driving growth and operational exce...

Posted: Jun 18, 2025