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The U.S. Department of Labor recovered $824,276 in back wages and damages for 680 employees of a Las Vegas drywall contractor, which reported denied overtime pay to piece-rate and hourly workers. The department’s Wage and Hour Division investig...
Posted: Jun 16, 2025
A federal appeals court won’t reconsider its ruling upholding a $5 million civil judgment against President Donald Trump in a civil lawsuit alleging he sexually abused a writer in a Manhattan department store in the mid-1990s. In an 8-2 vote &#...
Posted: Jun 16, 2025
Connecticut lawmakers have passed a measure to shift the cost of auto insurance arbitration hearings between claimants and insurers over damage claims to the insurance industry. Currently the department of insurance absorbs the average $3,075 cost to...
Posted: Jun 16, 2025
The International Credit Insurance & Surety Association (ICISA) has announced the election of large European reinsurer Hannover Re’s Jan Müller as President and US insurer Chubb’s Dekker Buckley as Vice-President (VP). In a recent post, ICISA...
Posted: Jun 16, 2025
In the days before Javarick Gantt was strangled to death in jail, he was forced to share a cell with a first-degree murder suspect whose violent behavior had already alarmed his previous cellmate, according to a lawsuit filed Tuesday. Gantt, …
Posted: Jun 16, 2025
Join us for an opportunity to learn, connect, and prepare for the future of collaborative risk management. The post On-Deman...
Posted: Jun 15, 2025
The first episode is now live on YouTube, Apple Podcasts, and Spotify.
Posted: Jun 15, 2025
PolicyBound now employs 15 people, a 36% increase over the past year.
Posted: Jun 15, 2025
By William Rabb When Tampa-based Slide Insurance registered for an initial public stock offering in May, one page of the filing quickly had people talking in the Florida insurance industry. On page 132 of the filing with the U.S. Securities …
Posted: Jun 15, 2025
A North Carolina insurance agency cannot escape a lawsuit brought by a homeowner whose claim was denied because key elements of the property were not mentioned in the coverage application. In a case that began almost a decade ago and …
Posted: Jun 15, 2025
South Carolina’s governor has signed a liquor liability and tort-reform bill into law, but some lawmakers said broader changes to the state’s legal system are needed. Senate Majority Leader Shane Massey, who helped push through a compromi...
Posted: Jun 15, 2025
Connecticut lawmakers last month moved to plug what could have been a very costly loophole in workers’ compensation benefits that was created by a state Supreme Court decision in March. The lawmakers effectively invalidated the high court rulin...
Posted: Jun 15, 2025
A former New York City Fire Department chief was sentenced to three years in prison last month for accepting tens of thousands of dollars in bribes to fast-track fire safety inspections at restaurants, hotels, and other city businesses. Anthony Sacca...
Posted: Jun 15, 2025
By Ezra Amacher The Missouri Department of Commerce and Insurance released preliminary uninsured estimates for properties in the St. Louis in response to the F3 tornado that struck the region on May 16. DCI Department Director Angela Nelson said the...
Posted: Jun 15, 2025
Contractors must take into consideration all these moving risk targets, including at times their contractual guaranteed price risk. Brian Cooper, U.S. national construction practice leader for Gallagher, said that asking the contractor, and the proje...
Posted: Jun 15, 2025
How do per- and polyfluoroalkyl substances (PFAS) impact the environmental liability market in construction, or do they? Do all contractors need environmental liability coverage? And if so, how can agents and brokers encourage them to purchase the co...
Posted: Jun 15, 2025
In 2024, my family and I were forced to evacuate our home due to an approaching wildfire. After two decades in the insurance industry helping countless clients prepare for disasters and the unexpected, nothing compares to facing down a disaster ̷...
Posted: Jun 15, 2025
According to research from the American Tort Reform Association (ATRA), legal service providers spent more than $2.5 billion on 26.9 million ads in 2024 alone–with significant increases in television, radio, and outdoor advertising since 2017....
Posted: Jun 15, 2025
The insurance consumer will not see any significant value difference between insurance companies and insurance agencies. Products, price, and service are roughly the same. Insurance is really a commodity. Consumers have new options to access insuranc...
Posted: Jun 15, 2025
By L.S. Howard Demand for political risk insurance is likely to rise by 33% due to tariff uncertainty and the instability of the current trading environment, according to Howden’s 2025 survey of multinational corporates with revenue of more tha...
Posted: Jun 15, 2025
By Andrea Wells Construction insurance specialists cite a number of factors in describing the 2025 construction industry as a market in transition. There is uncertainty about the year’s economic outlook, potential impacts of tariffs on the supp...
Posted: Jun 15, 2025
Machine learning models detect suspicious claims two weeks after submission–much faster than traditional methods, according to a new CLARA Analytics study on fraud detection in property/casualty insurance claims. The research, completed in Nove...
Posted: Jun 15, 2025
As best as I can recall, the first article I wrote about certificates of insurance (COIs) was in 2002, over two decades ago. For the next four years, I wrote more on that subject than any other property/casualty issue, culminating …
Posted: Jun 15, 2025
The reinsurance industry has shown significant improvements in operating performance in recent years. Despite facing substantial insured natural catastrophe losses globally, reinsurers achieved robust earnings growth in 2023 and 2024, exceeding their...
Posted: Jun 15, 2025
By Allen Laman From rising courtroom verdicts to notable underwriting shifts, here are six things independent agents and brokers need to understand about today’s umbrella market. What Is an Umbrella Policy? An umbrella liability policy is desig...
Posted: Jun 15, 2025
President Trump has ignited global trade tensions with the rollout of a sweeping new tariff regime to promote domestic manufacturing and aimed at what he calls restoring balance to America’s economic relationships. This includes placing elevate...
Posted: Jun 15, 2025
Embedded insurance is everywhere. From booking a flight or buying concert tickets to opening a bank account, insurance is now being offered to consumers at the point of need. It makes access quicker, simpler, and more appealing for people who …
Posted: Jun 15, 2025
A new study by the Workers Compensation Research Institute (WCRI) illustrates how rising inflation has impacted the system in recent years. The 2025 edition of the WCRI Medical Price Index for Workers’ Compensation, authored by Dr. Rebecca Yang...
Posted: Jun 15, 2025
By Allen Laman With a growing share of insurance executives viewing generative artificial intelligence as a tool for streamlining and improving functions like fraud detection, Deloitte predicts that AI technologies could save the property/casualty in...
Posted: Jun 15, 2025
Insurance Information Institute
For Immediate Release Loretta Worters New York Press Office 917-208-8842 [email protected] MALVERN, Pa., June 16, 2025 – The Insurance Information Institute (Triple-I) and Munich Reinsurance America, Inc. (Munich Re US) have released a new consu...
Posted: Jun 15, 2025
The insurer has migrated its claims operations to Guidewire Cloud Platform, extending the system to subsidiary Sovereign Insurance.
Posted: Jun 15, 2025
AXA Climate has evaluated Roquette’s value chain to help the company build a climate adaptation strategy in line with European regulatory requirements.
Posted: Jun 15, 2025
Insurers must rethink workforce strategy, career paths, and engagement to stay relevant as generational shifts reshape risk, values, and customer expectations.
Posted: Jun 15, 2025
Piquiaud brings over 25 years of experience in insurance and brokerage.
Posted: Jun 15, 2025
The insurer offers Ting at no cost to eligible policyholders.
Posted: Jun 15, 2025
She will report to CEO Ken Norgrove and take on full responsibility for the UK Commercial Lines strategy and performance.
Posted: Jun 15, 2025
Alongside the deal, HUK-COBURG and Neodigital are launching NDA Tech GmbH to support Neodigital Autoversicherung’s IT needs.
Posted: Jun 14, 2025
Starting January 1, 2026, Wellthy’s services will be included with Sun Life’s basic and voluntary group life insurance.
Posted: Jun 13, 2025
The new platform will offer insurance solutions for offshore and onshore wind, solar, battery storage, and other energy transition assets worldwide.
Posted: Jun 13, 2025
Caroline Smith has been promoted to Head of Financial Institutions, succeeding Driscoll after leading the team since 2014.
Posted: Jun 13, 2025
Insurance Business Magazine - US
Posted: Jun 13, 2025
Pasito is a New York-based startup offering AI-powered benefits guidance software for employees.
Posted: Jun 13, 2025
NGL markets preneed and individual life and annuities, as well as group markets products.
Posted: Jun 13, 2025