All Posts

Trump Administration Is Rolling Out a New Way to Shrink FEMA’s Role

Insurance Journal

When a series of deadly storms and tornadoes pummeled Arkansas in mid-March, downing power lines and tearing up homes, Governor Sarah Huckabee Sanders asked the federal government for money to not only help repair the damage, but also boost the &#823...

Posted: May 30, 2025

Georgia Insurance Office Uses Appointment Fees to Help Fund New Elevator Inspectors

Insurance Journal

Elevator inspections in Georgia have been an issue for years, exacerbated by the death of an 18-year-old athlete who was trapped and crushed between floors in a faulty elevator in 2021. Now, the Georgia insurance commissioner says his office has &#82...

Posted: May 30, 2025

After Years of Losses, Florida Insurers Saw Underwriting Profits in 2024, AM Best Says

Insurance Journal

After eight years of losses, Florida’s personal property insurance market reported an underwriting profit and a considerable jump in operating income in 2024, the AM Best rating and analytics firm said in a report this week. The firm examined 4...

Posted: May 30, 2025

Liberty Mutual Settles With Travelers Over New York Subcontractor Liability Coverage

Insurance Journal

Liberty Mutual reported that it has reached a settlement with Travelers Insurance in a case involving a construction firm being sued by a man who was injured when he fell down an elevator shaft on a construction site. Liberty Mutual …

Posted: May 30, 2025

Liberty Mutual Settles With Travelers Over New York Subcontractor Coverage

Insurance Journal

Liberty Mutual reported that it has reached a settlement with Travelers Insurance in a case involving a construction firm being sued by a man who was injured when he fell down an elevator shaft on a construction site. Liberty Mutual …

Posted: May 30, 2025

Viewpoint: California’s Property Insurance Crisis And The Path to Reform

Insurance Journal

California’s property insurance market remains in turmoil, exacerbated by escalating wildfire risks, insurer withdrawals, and systemic shortcomings in the state’s safety net—the California FAIR Plan. As homeowners confront rising premiums...

Posted: May 30, 2025

Viewpoint: California’s Property Insurance Crisis and the Path to Reform

Insurance Journal

California’s property insurance market remains in turmoil, exacerbated by escalating wildfire risks, insurer withdrawals, and systemic shortcomings in the state’s safety net—the California FAIR Plan. As homeowners confront rising premiums...

Posted: May 30, 2025

Ex-Connecticut Governor Rowland Pardoned by President Trump Was Insurance Agent

Insurance Journal

Former Connecticut Gov. John Rowland, whose promising political career was upended by a corruption scandal and two federal prison stints, has been pardoned by President Donald Trump. The Republican governor, who served from 1995 until 2004, was among...

Posted: May 30, 2025

kWh Analytics appoints Anthemis founder Amy Nauiokas to board

Reinsurance News

kWh Analytics, a provider of climate insurance and risk management for renewable energy projects, has appointed Amy Nauiokas—Founder and Group CEO of Anthemis Group—to its Board of Directors. The move reinforces kWh Analytics’ ambition to scale it...

Posted: May 30, 2025

Near Space Labs Soars with Insurance Backing

IIR

The company’s high-altitude imagery platform has seen sixfold revenue growth and attracted major insurers as customers and investors.

Posted: May 29, 2025

MetLife Launches MyLeaveNavigator to Simplify Leave Experience

IIR

The new digital platform empowers employees and eases HR burdens by guiding users through complex leave events with clarity and transparency.

Posted: May 29, 2025

INTX Launches in U.S. With End-to-End Insurance Platform

IIR

The Austin, Texas-based vendor offers a unified alternative to best-of-breed systems, eliminating integration costs and streamlining policy lifecycle management.

Posted: May 29, 2025

Employee and Family Injured in Company Car: How Do PIP, PAP, BAP and Workers Comp Interact?

IA Magazine

If an employee drives a regularly furnished company car and the employee and family members are injured in an accident while using that car, how is that claim covered?

Posted: May 29, 2025

Trump’s Tariffs to Remain in Effect After Appeals Court Grants Stay

Insurance Journal

A federal appeals court temporarily reinstated the most sweeping of President Donald Trump’s tariffs on Thursday, a day after a trade court had ruled Trump had exceeded his authority in imposing the duties and ordered an immediate block on them...

Posted: May 29, 2025

Cyber Attack Surge Creates Opportunity for Insurers, Prompts Rethink on Premiums

Carrier Management

Cyber Attack Surge Creates Opportunity for Insurers, Prompts Rethink on Premiums A recent s...

Posted: May 29, 2025

A Review of Global Climate Lawsuits Against Fossil Fuel Companies

Carrier Management

A Review of Global Climate Lawsuits Against Fossil Fuel Companies A German court ruled against a Peruvi...

Posted: May 29, 2025

U.S. Court Blocks Most Trump Tariffs; Says President Exceeded His Authority

Carrier Management

U.S. Court Blocks Most Trump Tariffs; Says President Exceeded His Authority...

Posted: May 29, 2025

California Theft Crackdown Leads to Recovery of Nearly 5000 Vehicles

Carrier Management

California Theft Crackdown Leads to Recovery of Nearly 5000 Vehicles...

Posted: May 29, 2025

GPS Helps Older Drivers Stay on Roads

Carrier Management

GPS Helps Older Drivers Stay on Roads New research shows satellite navigation...

Posted: May 29, 2025

How Leaders Can Promote Gender Equity Without Deepening Polarization

Carrier Management

How Leaders Can Promote Gender Equity Without Deepening Polarization Americans largely agree that women h...

Posted: May 29, 2025

Stellantis Financial Services UK partners with Wrisk

coverager

Stellantis Financial Services UK today announced it has chosen embedded insurance specialist Wrisk, to deliver its branded direct-to-customer car and van insurance proposition in a multiyear deal.

Posted: May 29, 2025

Empathy raises $72 million

coverager

The round was led by Adams Street Partners.

Posted: May 29, 2025

Plymouth Rock Home Assurance names Colleen Finn as CMO

coverager

Finn will be responsible for the marketing and distribution strategy for Plymouth Rock’s Home company across all six states in which it does business.

Posted: May 29, 2025

The Hartford and Nayya announce integration

coverager

The Hartford will deliver Nayya as a solution that integrates with other leading HR technology platforms.

Posted: May 29, 2025

Martz appointed at Mutual of Omaha

coverager

Before joining Mutual, Martz was a partner at Baylor, Evnen, Wolfe & Tannehill, LLP in Lincoln, Nebraska.

Posted: May 29, 2025

Guardian announces organizational and leadership changes

coverager

Guardian is restructuring its Individual Markets business into two distinct business units.

Posted: May 29, 2025

Pain Points: Chronic Pain and the Injured Worker

Risk & Insurance

Chronic pain affects millions and has direct consequences for injured workers and in the workplace, from absenteeism to higher healthcare costs. The post

Posted: May 29, 2025

Searing Heat in California and West Threatens to Break Temperature Records

Insurance Journal

A short-lived heat wave will send temperatures soaring across California and the U.S. West through the weekend, elevating power demand and raising the risk of health impacts. At least 26 daily records may be broken or tied across the West …

Posted: May 29, 2025

Cotality: Over 33 Million Properties at Risk of Hurricanes, Creating ‘Liquidity Traps’

Insurance Journal

Cotality said it has identified more than 33.1 million residential properties from Texas to Maine with a combined reconstruction cost value of $11.7 trillion at least moderate risk of sustaining damage from hurricane-force winds. The property data pr...

Posted: May 29, 2025

AM Best Revises Outlook to Negative for Oklahoma Farm Bureau Mutual

Insurance Journal

AM Best has revised the outlook to negative from stable for the Long-Term Issuer Credit Rating (Long-Term ICR) and affirmed the Financial Strength Rating (FSR) of B++ (Good) and the Long-Term ICRs of “bbb+”(Good) for the members of the Ok...

Posted: May 29, 2025

Generali gets €200m of windstorm & quake reinsurance with return to ILS market

Reinsurance News

Italian headquartered insurer Generali has returned to the insurance-linked securities (ILS) market sponsoring a catastrophe bond issued by Lion Re DAC that comprises two classes of notes for a total of €200 million covering windstorms in Europe a...

Posted: May 29, 2025

Global Shipping Losses Hit Record Low Despite Rising Geopolitical Tensions

Risk & Insurance

Allianz report shows 75% decline in vessel losses over past decade, but warns new challenges from conflicts, cargo theft and alternative fuel transition could offset safety gains. The post

Posted: May 29, 2025

Gallagher Re appoints Lisa Duncan as SVP, NA Program Solutions

Reinsurance News

Global reinsurance broker Gallagher Re has announced the appointment of Lisa Duncan as Senior Vice President (SVP), NA Program Solutions. Duncan brings more than 16 years of re/insurance experience to her new role. She joins Gallagher Re from BMS...

Posted: May 29, 2025

Victoria’s Secret Website Down as Lingerie Seller Addresses ‘Security Incident’

Insurance Journal

Victoria’s Secret has taken down its U.S. website and says some in-store services will be unavailable as it addresses an unspecified “security incident.” A message to customers remained in place of the popular lingerie brand’s...

Posted: May 29, 2025

June renewals reflect market transitioning from disruption to disciplined recalibration: Howden Re

Reinsurance News

Howden’s global reinsurance, capital markets, and strategic advisory arm, Howden Re, has noted a continued moderation in property-catastrophe reinsurance pricing at 1 June 2025, while underwriting rigour reportedly persisted, especially in s...

Posted: May 29, 2025

New York Times Agrees to License Content to Amazon for AI Use

Insurance Journal

The New York Times Co. has reached a deal to license its editorial content to Amazon.com Inc. for use across its artificial intelligence platforms, marking the first such agreement the newspaper company has struck after years of battles between the &...

Posted: May 29, 2025

Hurricane associated risks are driving unexpected challenges: Cotality

Reinsurance News

Hurricane associated risks are distorting property markets in locations previously considered stable, not due to direct storm impact, but due to escalating insurance challenges, a recent report by Cotality has revealed. The 2025 Hurricane Risk Rep...

Posted: May 29, 2025