All Posts

Acrisure acquires payroll business from Global Payments for $1.1 billion

coverager

The purchase of Global Payments’ payroll business is expected to close in the second half of 2025.

Posted: May 28, 2025

Peak Re enters North America with new Bermuda-based entity

coverager

Founded in 2012, Peak Re serves clients in Asia, Europe, and the Americas, and is rated A- by AM Best.

Posted: May 28, 2025

Hyland appoints Michael Campbell as CPO

coverager

As CPO, he will oversee Hyland’s overall product portfolio and deliver on the company’s strategic content management vision with AI, cloud and open-source innovations.

Posted: May 28, 2025

Cyberwrite partners with Samsung Fire & Marine Insurance

coverager

The collaboration will focus on strengthening SFMI’s ability to assess the probability and economic impact of cyber attacks.

Posted: May 28, 2025

Markel expands partnership with Mea

coverager

Mea’s solution will be applied across Markel Canada’s underwriting operations.

Posted: May 28, 2025

Synchrony and Jewelers Mutual announce new sponsorship agreement

coverager

The companies will co-market both services to jewelry merchants looking to make customers aware of both financing and insurance coverage options.

Posted: May 28, 2025

Tokio Marine Group to launch GX business to support green transformation

coverager

TMGX will offer up to $500 million on any single risk and is committed to becoming a prominent lead underwriter.

Posted: May 28, 2025

Travelers to sell its Canadian personal insurance business and majority of Canadian commercial busin...

coverager

Oyster will now focus exclusively on its AI business.

Posted: May 28, 2025

Mortality Considerations for Underserved Markets

Insurance Thought Leadership

Mortality Considerations for Underserved Markets Life & Health

Posted: May 28, 2025

AI Races Forward

Best's Review

Posted: May 28, 2025

Past, Present, and Future of AI in Claims 

Insurance Thought Leadership

Past, Present, and Future of AI in Claims  Claims

Posted: May 28, 2025

Solar Farms Face Rising Storm Risks

Insurance Thought Leadership

Solar Farms Face Rising Storm Risks Commercial Lines

Posted: May 28, 2025

Geopolitical Tensions Raise Risks for Global Shipping

Insurance Thought Leadership

Geopolitical Tensions Raise Risks for Global Shipping Commercial Lines

Posted: May 28, 2025

Political Risk Cover Demand Rises, Profits Are Strong, but GWP Growth Lags: Report

Carrier Management

Political Risk Cover Demand Rises, Profits Are Strong,...

Posted: May 28, 2025

Keiretsu No More: What Japan’s Insurance Market Reforms Mean for U.S. Insurers

Carrier Management

Keiretsu No More: What Japan’s Insurance Market Reforms Mean for U.S. Insurers Long regarded as...

Posted: May 28, 2025

Overnight Truck Parking Shortage Contributed to Deadly Illinois Greyhound Bus Crash

Carrier Management

Overnight Truck Parking Shortage Contributed to Deadly Illinois Greyhound Bus Crash Overnight parking f...

Posted: May 28, 2025

Rearview Camera Software Issue Prompts Ford to Recall Nearly 1.1M Vehicles

Carrier Management

Rearview Camera Software Issue Prompts Ford to Recall Nearly 1.1M Vehicles Ford...

Posted: May 28, 2025

The Pressing Need for Small Business Risk Management and Risk Transfer

Risk & Insurance

In these challenging times, insurers can play a key role in advising small businesses. The post The Pressing Need for Small Busi...

Posted: May 28, 2025

Rehab Provider Resolves Discrimination Charge Following Employee Termination

Insurance Journal

Premiere Rehab (doing business as Infinity Rehab), a rehabilitation and therapy service provider with locations in 18 states, including Minnesota, has agreed to resolve a discrimination charge filed with the U.S. Equal Employment Opportunity Commissi...

Posted: May 28, 2025

Texas Wants Its Own Film Industry, and Some Creative Control

Insurance Journal

Taylor Sheridan calls his 2016 thriller Hell or High Water a love poem to Texas, but to film it, he had to go to New Mexico. The movie tracks brothers-turned-bank-robbers through West Texas oil country as they try to save …

Posted: May 28, 2025

Thousands Without Power in Houston After Strong Thunderstorms

Insurance Journal

Thousands in the Houston area are without power after hefty thunderstorms with 70-mile-per-hour winds, hail and lightning rolled in early Tuesday morning, downing power lines and shutting off electricity for more than 160,000 people. A line of storms...

Posted: May 28, 2025

People Moves: Miller Rejoins Lockton to Lead Stop Loss, Pharmacy Practices; Zurich Alum Andrejko Ret...

Insurance Journal

Miller Returns to Lockton as a National Practice Leader With People Solutions Jeff Miller rejoined Lockton, headquartered in Kansas City, Missouri, as national practice leader for the stop loss and pharmacy practices. Miller has over three decades of...

Posted: May 28, 2025

Insurance Europe leaders present five priorities to boost EU competitiveness and climate resilience

Reinsurance News

Insurance Europe, the organisation representing the European insurance and reinsurance sector, has outlined key priorities ahead of the 15th International Conference. According to a statement from Insurance Europe’s leadership — Frédéric de Courto...

Posted: May 28, 2025

People Moves: NI Holdings, Inc. Makes Executive Leadership Appointments

Insurance Journal

NI Holdings, Inc., headquartered in Fargo, North Dakota, appointed and promoted new leadership. Kevin Elfstrand has been promoted to senior vice president and chief accounting officer. He will continue to oversee the accounting department and lead ex...

Posted: May 28, 2025

Texas Likely to Expand Medical Marijuana Program as Hemp Ban Looms

Insurance Journal

The Texas Senate advanced a bill Tuesday that will expand the conditions eligible for the state’s medical marijuana program, including chronic pain and Crohn’s disease, and allow for vaporized and aerosol products to be sold by prescripti...

Posted: May 28, 2025

Inflation Impacting Workers Comp Medical Costs: WCRI

Insurance Journal

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 Dr. Rebecca Yang an...

Posted: May 28, 2025

Fidelis MEASA sees strong growth, delivering $88m in GWP to TFP in 2024

Reinsurance News

Celebrating one year since the launch of The Fidelis Partnership’s (TFP) Abu Dhabi Global Market office, Fidelis MEASA has delivered strong growth, contributing a significant $88 million in Gross Written Premium (GWP) to TFP’s group-wide GWP of $4...

Posted: May 28, 2025

Connecticut Expands Cancer Relief Program for Firefighters

Insurance Journal

Gov. Ned Lamont recently signed into law legislation (Senate Bill 1426) making several updates to the Connecticut Firefighters Cancer Relief Program, including adding skin cancer to the types of cancer covered under the program, and modifying the lan...

Posted: May 28, 2025

Why to Hire Female Retirees

Insurance Thought Leadership

Why to Hire Female Retirees Talent Gap

Posted: May 28, 2025

Aegis Energy and Everspan launch Excess program for Petroleum Gasoline Haulers

Reinsurance News

Aegis Energy, a division of Aegis General Insurance Agency and K2 Insurance Services, has partnered with Everspan Group, a specialty property and casualty insurance platform, to launch a new Excess program for Petroleum Gasoline Haulers. The progr...

Posted: May 28, 2025

Best Practices for Conversational AI

Insurance Thought Leadership

Best Practices for Conversational AI ITL Editorial Team Wed, 05/28/2025 - 10:54 ...

Posted: May 28, 2025

FTC Drops Case Over Microsoft’s $69 Billion Activision Blizzard Deal

Insurance Journal

The U.S. Federal Trade Commission dropped a case that sought to block Microsoft’s $69 billion purchase of “Call of Duty” maker Activision Blizzard, saying on Thursday that pursuing the case against the long-closed deal was not in th...

Posted: May 28, 2025

Drones Revolutionize Property Insurance Claims

Insurance Thought Leadership

Drones Revolutionize Property Insurance Claims AI & Machine Learning

Posted: May 28, 2025

The Missing Link Between AI and Success

Insurance Thought Leadership

The Missing Link Between AI and Success AI & Machine Learning

Posted: May 28, 2025

Trident Reciprocal Names Hodges CEO

Insurance Journal

Lake Mary, Florida-based Trident Reciprocal Exchange, launched in 2024, recently named Ryan Hodges chief executive officer. Hodges has 25 years in the property and casualty insurance business and was previously vice president of commercial insurance...

Posted: May 28, 2025

High-Dividend Equity Strategy Ideal For Insurers

Insurance Thought Leadership

High-Dividend Equity Strategy Ideal For Insurers Leadership

Posted: May 28, 2025

US personal lines market returns to profit in 2024 amid improved conditions: Fitch

Reinsurance News

Fitch Ratings, a global credit ratings agency and financial information provider, reports that the US personal lines insurance market returned to underwriting profitability in 2024 after three consecutive years of losses. Fitch reports that the se...

Posted: May 28, 2025

Nuclear Verdicts Skyrocket: Corporate Lawsuit Awards Surge 116% to $31.3 Billion in 2024

Risk & Insurance

Marathon Strategies report reveals 52% increase in multi-million dollar awards, even as several states pursue legislative reforms to curb rising liability. The post

Posted: May 28, 2025

Memorial Day Boat Explosion Sends 11 to the Hospital in Florida

Insurance Journal

A fiery boat explosion near Fort Lauderdale, Florida, on Memorial Day sent 11 people to the hospital, many suffering from burns, officials said Tuesday. The 39-foot (12-meter) Sea Ray boat had 15 people on board when the explosion happened at …

Posted: May 28, 2025

Markel to accelerate underwriter insights with mea AI platform expansion to Canada

Reinsurance News

Insurer and reinsurer Markel is expanding mea Platform’s generative AI (GenAI) solution to Canada, where it will be applied across Markel Canada’s underwriting operations to automate the extraction of unstructured data from submission-related docu...

Posted: May 28, 2025

Novel launches with Bredahl as CEO, Bonneau as Chairman

Reinsurance News

Novel Financial Holdings, a new independent holding company that will oversee insurance carriers supporting managing general underwriters (MGUs), has launched with former PartnerRe CEO Jacques Bonneau as Chairman and Howden Re’s Rob Bredahl as CEO...

Posted: May 28, 2025