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S&P upgrades QBE’s credit rating

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The outlook on all ratings is stable.

Posted: May 27, 2025

Monarch raises $75 million

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Monarch offers a mobile app for tracking spending, investments and money goals.

Posted: May 27, 2025

Granen Insurance partners with EZLynx

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Granen Insurance selects EZLynx to support growth across personal and commercial lines.

Posted: May 27, 2025

Skyla Insurance acquires Policyline

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Skyla Insurance is a subsidiary of Skyla Credit Union.

Posted: May 27, 2025

The Institutes Introduces a New Designation to Meet Insurance Operations Challenges

Risk & Insurance

The Associate in Insurance Operations desigation equips both internal operations teams and outsourcing partners with the skills needed to drive consistency, efficiency, and service excellence. The post

Posted: May 27, 2025

Protected: On-Demand Webinar — Then and Now: Perspectives Across 50 Years of Risk Pooling

Risk & Insurance

There is no excerpt because this is a protected post. The post Protected: On-Demand Webinar — Then and Now: Perspectives Acr...

Posted: May 27, 2025

While FEMA Faces Overhaul, Mississippi Tornado Survivors Wait for Assistance

Carrier Management

While FEMA Faces Overhaul, Mississippi Tornado Survivors Wait for Assistance More than two months after...

Posted: May 27, 2025

Corporate Nuclear Verdicts Surged to New Record High in 2024, Report Says

Carrier Management

Corporate Nuclear Verdicts Surged to New Record High in 2024, Report Says Nuclear verdicts against corporat...

Posted: May 27, 2025

Southern California Edison to Pay $82.5M to Settle 2020 Bobcat Fire Claims

Carrier Management

Southern California Edison to Pay $82.5M to Settle 2020 Bobcat Fire Claims Southern Calif...

Posted: May 27, 2025

Commercial P&C Industry Leaders Say U/W Primed for Tech Transformation

Carrier Management

Commercial P&C Industry Leaders Say U/W Primed for Tech Transf...

Posted: May 27, 2025

22% Avoid Filing Claims Due to Frustration With Digital Processes: Survey

Carrier Management

22% Avoid Filing Claims Due to Frustration With Digital Processes: Survey Poor dig...

Posted: May 27, 2025

Insurance-Linked Securities And Their Role In Traditional Risk Transfer

Insurance Thought Leadership

Insurance-Linked Securities And Their Role In Traditional Risk Transfer ITL Editorial Team Tue, 05/27/202...

Posted: May 27, 2025

Role of ILS In Traditional Risk Transfer

Insurance Thought Leadership

Role of ILS In Traditional Risk Transfer Resilience & Sustainability

Posted: May 27, 2025

Trump Approves FEMA Disaster Relief for 8 States

Insurance Journal

President Donald Trump green-lit disaster relief for eight states on Friday, assistance that some of the communities rocked by natural disasters have been waiting on for months. The major disaster declaration approvals allow Arkansas, Iowa, Kansas, M...

Posted: May 27, 2025

People Moves: Fidelis Insurance Group Promotes Greenwood as CUO for Bermuda; Everest Names Former Ch...

Insurance Journal

This edition of International People Moves details appointments at Fidelis Insurance Group and Everest Group. A summary of these new hires follows here. Fidelis Insurance Group Promotes Greenwood as Chief Underwriting Officer for Bermuda Fidelis Insu...

Posted: May 27, 2025

Mechanic Sentenced to Prison, Must Pay $1.3M for Defrauding Missouri Customer

Insurance Journal

An auto mechanic was sentenced to 33 months in prison and ordered to repay $1.37 million to his victims for defrauding a Missouri customer, among others, the U.S. Attorney’s Office, Eastern District of Missouri announced last week. Beginning in...

Posted: May 27, 2025

How to Protect Your Rooftop Solar Panels From Hail Damage

Insurance Journal

As the US heads into peak hailstorm season, homeowners that have installed solar power face the prospect of chunks of ice damaging their panels. “Those instances of damage are rare, but the more extreme weather gets with climate change, it&#821...

Posted: May 27, 2025

Jon Colello elected Chair of Reinsurance Association of America Board

Reinsurance News

Jon Colello, President of PartnerRe Ltd., has been elected Chair of the Board of Directors for the Reinsurance Association of America (RAA)—a national trade association representing property and casualty reinsurers operating in the United States—d...

Posted: May 27, 2025

Florida’s Slide Insurance Files for Initial Public Stock Offering

Insurance Journal

Four years after it was founded, Florida-based Slide Insurance plans to go public. The holding company for the Tampa-headquartered company, which has more than 343,000 policies in Florida, last week filed registration paperwork with the U.S. Securiti...

Posted: May 27, 2025

Louisiana Stifles Community Air Monitoring With Threat of Million-Dollar Fines, Lawsuit Says

Insurance Journal

On days of heavy pollution in Sulphur, a southwest Louisiana town surrounded by more than 16 industrial plants, Cynthia “Cindy” Robertson once flew a red flag outside her home so her community knew they faced health hazards from high leve...

Posted: May 27, 2025

Louisiana Stifles Community Air Monitoring With Threat of Million-Dollar Fines: Lawsuit

Insurance Journal

On days of heavy pollution in Sulphur, a southwest Louisiana town surrounded by more than 16 industrial plants, Cynthia “Cindy” Robertson once flew a red flag outside her home so her community knew they faced health hazards from high leve...

Posted: May 27, 2025

United Risk expands with new promotions and hires, names Christofer President & CCO

Reinsurance News

United Risk, an international property and casualty insurance underwriting and a division of Applied Underwriters, has announced the appointment of Richard Christofer as President and Chief Commercial Officer, among a number of other promotions an...

Posted: May 27, 2025

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

Insurance Journal

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 than US$1 billion....

Posted: May 27, 2025

Boeing Agrees to Resolve US Criminal Case Over 737 Crashes

Insurance Journal

Boeing Co. has reached a tentative agreement with the US Justice Department that would allow the planemaker to avoid criminal charges for two fatal crashes of its 737 Max jets more than six years ago. The settlement was disclosed in …

Posted: May 27, 2025

Cyber risk and environmental issues lead reputational concerns in 2024/25: WTW

Reinsurance News

Willis, a WTW business, has released its Reputational Risk Readiness Survey 2024/25, highlighting a sharp rise in concerns around cyber threats and environmental challenges among global senior executives. Of the 500 respondents, 65% identified cyb...

Posted: May 27, 2025

Continental Re announces key leadership changes across Group

Reinsurance News

Pan-African reinsurer Continental Reinsurance Group has announced a number of leadership appointments, including Lawrence Nazare’s as Group Managing Director. In his new role, headquartered in Botswana, Nazare will oversee the Group’s pan-African...

Posted: May 27, 2025

GIC Re reports an underwriting loss of ₹392.3 crore for Q4

Reinsurance News

General Insurance Corporation of India (GIC Re), the Indian public sector reinsurer, has reported an underwriting loss of ₹392.3 crore for the fourth quarter ended March 31st, 2025, compared to a profit of ₹570.06 crore in the prior year fourth qu...

Posted: May 27, 2025

GIC Re reports underwriting loss of ₹392.3 crore for Q4

Reinsurance News

General Insurance Corporation of India (GIC Re), the Indian public sector reinsurer, has reported an underwriting loss of ₹392.3 crore for the fourth quarter ended March 31st, 2025, compared to a profit of ₹570.06 crore in the prior year fourth qu...

Posted: May 27, 2025

TVA Becomes First US Utility to Seek Permit for Small Nuclear Reactor

Insurance Journal

For the first time in the United States, a utility is asking federal regulators for a permit to build a small nuclear reactor. The nation’s largest public power company, the Tennessee Valley Authority, announced Tuesday it submitted a construct...

Posted: May 27, 2025

Industry Vet Plumeri Joins Insurance Advisory Partners as Chairman

Insurance Journal

Insurance veteran and former Willis Group Holdings CEO Joe Plumeri will occupy the new role of chairman at Insurance Advisory Partners (IAP). According to the investment bank focused on the insurance, insurance services and insurtech industries, Plum...

Posted: May 27, 2025

Southern California Edison Paying $82.5M to Settle Claims Over 2020 Bobcat Fire Damages

Insurance Journal

Southern California Edison, a unit of utility Edison International, agreed on Friday to pay $82.5 million to settle claims with the U.S. Forest Service for costs and damages resulting from the Bobcat Fire in 2020. The U.S. government had filed &#8230...

Posted: May 27, 2025

Southern California Edison Paying $82.5M to Settle Claims Over Bobcat Fire Damages

Insurance Journal

Southern California Edison, a unit of utility Edison International, agreed on Friday to pay $82.5 million to settle claims with the U.S. Forest Service for costs and damages resulting from the Bobcat Fire in 2020. The U.S. government had filed &#8230...

Posted: May 27, 2025

DIY Home Inspections Are Taking Over, Firms Say

Insurance Journal

The future of home inspections is here and it’s in the hands of…the homeowner, according to leaders of two firms that have developed DIY systems now being used by prospective insureds across the country for pre-policy property surveys. &#...

Posted: May 27, 2025

Venezuelan Workers at Disney Put on Leave After Losing Protective Status

Insurance Journal

ORLANDO, Fla. (AP) — Almost four dozen Venezuelan workers who had temporary protected status have been put on leave by Disney after the U.S. Supreme Court allowed the Trump administration to strip them of legal protections. The move was made …

Posted: May 27, 2025

Accelerant looks to reengineer specialty insurance amid market challenges: CEO Radke

Reinsurance News

Specialty insurance faces two key challenges, data loss due to a distended value chain and a lack of affordable and accessible technology, leading insurance service and data platform Accelerant to work to reengineer the business model, CEO Jeff Ra...

Posted: May 27, 2025

Progress is Slow for Chimney Rock, NC, Hit Hard by Hurricane Helene

Insurance Journal

The brightly colored sign along the S-curve mountain road beckons visitors to the Gemstone Mine, the “#1 ATTRACTION IN CHIMNEY ROCK VILLAGE!” But another sign, on the shop’s mud-splattered front door, tells a different story. &#8220...

Posted: May 27, 2025

Progress Is Slow for Chimney Rock, NC Hit Hard by Hurricane Helene

Insurance Journal

The brightly colored sign along the S-curve mountain road beckons visitors to the Gemstone Mine, the “#1 ATTRACTION IN CHIMNEY ROCK VILLAGE!” But another sign, on the shop’s mud-splattered front door, tells a different story. &#8220...

Posted: May 27, 2025

Chaucer appoints Jordan Ray as Head of Renewable Energy and Energy Transition

Reinsurance News

Chaucer Group, a global specialty insurance and reinsurance group, has announced the appointment of Jordan Ray as Head of Renewable Energy and Energy Transition. Based in London, Ray will report to and work closely with Simon Schnorr, Head of Mari...

Posted: May 27, 2025

Attractive returns amid property cat reinsurance rate pressure: Peel Hunt

Reinsurance News

Property catastrophe reinsurance post Q1 2025 results indicate that while there is ongoing rate pressure, market discipline and strong cedent demand are helping to maintain a healthy balance for the property catastrophe reinsurance market, accordi...

Posted: May 27, 2025

AM Best revises MS Reinsurance’s credit rating outlook to positive

Reinsurance News

AM Best has revised the outlook for the Long-Term Issuer Credit Rating of MS Reinsurance to positive from stable, reflecting the company’s increasing significance within the MS&AD group and its improving financial performance. The rating...

Posted: May 27, 2025

Wildfires Erupt Near Alberta Oil Well Sites Amid Hot Weather

Insurance Journal

Hot weather sparked a string of wildfires around Alberta over the weekend, including some near oil and gas wells operated by Canadian Natural Resources Ltd. and others. Four out-of-control fires were burning in Alberta at 4:15 p.m. Monday, including...

Posted: May 27, 2025

SiriusPoint appoints Philip Enan as Chief Strategy & Corporate Development Officer

Reinsurance News

Bermuda-based insurer and reinsurer SiriusPoint has announced the appointment of Philip Enan as Chief Strategy and Corporate Development Officer. Based in New York, Enan joins the company’s Executive Leadership Team and will report to Chief Execut...

Posted: May 27, 2025

India Races to Contain Oil Spill From Sunken Container Ship

Insurance Journal

Indian agencies detected an oil spill from a container ship that capsized off the coast of the southern state of Kerala early Sunday, triggering efforts to contain the environmental damage, the defense ministry said in a statement a day after …

Posted: May 27, 2025

ICA declares NSW floods ‘Insurance Catastrophe’ as claims received nears 5,000

Reinsurance News

The Insurance Council of Australia (ICA) has upgraded the Mid North Coast and Hunter flooding event classification to an “Insurance Catastrophe” due to updated feedback on ground information about local event severity. So far, insurers...

Posted: May 27, 2025

VIG posts 8.3% rise in GWP to €4.65bn in Q1’25

Reinsurance News

Vienna Insurance Group (VIG) has reported an 8.3% increase in gross written premiums (GWP) to EUR 4.65 billion for the first quarter of 2025, driven by growth across all lines of business. The highest premium growth rates were seen in the Special...

Posted: May 27, 2025

Slide files for IPO to support expansion and policy growth

Reinsurance News

Slide Insurance has filed with the SEC for an initial public offering and intends to use the net proceeds to underwrite additional policies, fund its business growth, and support general corporate purposes. While the technology-enabled insurance f...

Posted: May 27, 2025

Insurance Advisory Partners names Joe Plumeri as Chairman

Reinsurance News

Insurance Advisory Partners (IAP), an investment bank dedicated to the insurance, insurance services, and insurtech sectors, has announced the appointment of Joe Plumeri as Chairman. His appointment will take effect on September 1, 2025. In additi...

Posted: May 27, 2025

AM Best affirms stable outlook for Spain’s non-life insurance segment

Reinsurance News

AM Best has affirmed its Stable outlook for Spain’s non-life insurance segment, citing a number of positive trends that are expected to help improve the sector’s performance. These include the increasing prominence in health and catastrophic...

Posted: May 27, 2025