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Lingala most recently served as vice president of business lines technology for Liberty Mutual.
Posted: May 14, 2025
As of May 12, State Farm paid more than $3.51 billion related to the wildfires and it is handling more than 12,692 claims.
Posted: May 14, 2025
If the deal is approved, it would create the UK’s largest motor insurer.
Posted: May 14, 2025
InsurTech leader recognized the brokerage with its Agency Impact Leader Award
Posted: May 14, 2025
Written premiums in California stabilized in 2022 through 2024 after the large swings during the pandemic, while the combined ratio rose to the highest level in 14 years, a new report shows. The Workers’ Compensation Insurance Rating Bureau of...
Posted: May 14, 2025
As mental health takes center stage in both workplace culture and public policy, the workers' compensation industry must evolve to meet new challenges in claims management, causation, and care coordination. The post
Posted: May 14, 2025
As the re/insurance market enters into a more competitive phase, it presents Conduit Re with an opportunity to deploy more capacity into casualty risks, Neil Eckert, who was recently appointed as the company’s new CEO, highlighted during the reins...
Posted: May 14, 2025
State Farm’s Emergency Homeowners Rate Hike Gets OK in California...
Posted: May 14, 2025
Too Late? S&P Downgrades State Farm General While a feared downgrade by "multiple notches"...
Posted: May 14, 2025
German Insurtech wefox has agreed to sell its Italian businesses, wefox MGA S.r.l. and wefox Services Italy S.r.l., to U.S. private equity firm J.C. Flowers & Co. Financial details of the deal were not disclosed. Founded in 2015, wefox has …...
Posted: May 14, 2025
Property and Casualty insurer Skyward Specialty Insurance Group Inc. has appointed Corey LaFlamme as President, Captives & Specialty Programs, as Kirby Hill becomes Chairman of the segment. The appointment of LaFlamme aligns with the company’s...
Posted: May 14, 2025
Missouri’s attorney general sued a natural gas company Monday over the explosion of a home in a small town that killed a 5-year-old boy, accusing the utility of violating a state safety law. Attorney General Andrew Bailey’s lawsuit came l...
Posted: May 14, 2025
AXIS/Harris Poll finds widespread stress and anxiety affecting 88% of insurance industry workers. The post Insurance Industry Fac...
Posted: May 14, 2025
S&P Global Ratings has affirmed Bermuda’s long-term sovereign credit rating at ‘A+’ and its short-term rating at ‘A-1’, with a stable outlook. This reflects expectations of a steady macroeconomic environment underpinned...
Posted: May 14, 2025
Plover has raised $10 million to date, including a $5 million seed round last year.
Posted: May 14, 2025
Texas Attorney General Ken Paxton last week announced a judgment of more than $60 million against David Polston and his companies, Inland Environmental and Remediation, Inland Recycling, and Boundary Ventures, for allegedly dumping pollutants in Texa...
Posted: May 14, 2025
Capacity for student accident insurance is ample and pricing is generally reasonable. The post Education’s Little-Known Safety Net appeared first on
Posted: May 14, 2025
A Michigan county has settled a lawsuit over an elected official who flashed a rifle during a COVID-19-era public meeting on Zoom. Patricia MacIntosh accused Ron Clous of trying to silence her right to free speech when he displayed the …
Posted: May 14, 2025
A Michigan county has settled a lawsuit over an elected official who flashed a rifle during a COVID-19-era public meeting on Zoom. Patricia MacIntosh accused Ron Clous of trying to silence her right to free speech when he displayed the …
Posted: May 14, 2025
A bill aimed at limiting the spread of toxic chemicals on Texas farmland has hit a political wall — missing a key deadline that decreases its likelihood of passage this session. House Bill 1674, introduced by Rep. Helen Kerwin, R-Cleburne, …
Posted: May 14, 2025
Canada Life Reinsurance, part of Canadian headquartered international financial services holding company, Great-West Lifeco, experienced robust year on year growth in the first quarter of 2025 and also reduced its exposure to weather-related catas...
Posted: May 14, 2025
Alliant Insurance Services has announced the appointment of reinsurance expert Dan Powers as Senior Vice President within the Value-Based Healthcare and Risk Management Solutions practice of Alliant’s Employee Benefits Group. Bringing over 20 year...
Posted: May 14, 2025
New Jersey officials announced a landmark settlement of up to $450 million with 3M Company to resolve the state’s lawsuits and address damage to the state’s water and other natural resources from dangerous chemicals. New Jersey Attorney G...
Posted: May 14, 2025
FORSYTH, Ga. (AP) — Georgia’s governor signed a law Thursday to exempt federal crop insurance and disaster payments following Hurricane Helene damage from Georgia state income taxes, but it could be months more before some federal money starts...
Posted: May 14, 2025
Cyber risk solutions company Resilience has launched Cyber Risk Calculator, an AI-powered tool that translates cyber risk into financial terms to provide security and risk practitioners, as well as C-Suite executives, with a common, data-driven la...
Posted: May 14, 2025
Nucor Corp., the biggest steel manufacturer in North America, shut down production at some of its facilities after detecting an unauthorized intrusion into its computer systems. The company took potentially affected systems offline and implemented ot...
Posted: May 14, 2025
The U.S. Consumer Financial Protection Bureau has canceled a 2023 settlement with the financing arm of Toyota over allegations the auto giant illegally steered thousands of consumers into costly and unwanted product bundles, according to documents pu...
Posted: May 14, 2025
LARGO, Fla. (AP) — Miami Hurricanes linebacker Adarius Hayes was one of the drivers in a two-vehicle crash that left three people dead and at least two others injured, police said. The three who died as a result of the …
Posted: May 14, 2025
Miami Hurricanes linebacker Adarius Hayes was one of the drivers in a two-vehicle crash that left three people dead and at least two others injured, police said. The three who died as a result of the crash were all in …
Posted: May 14, 2025
S&P Global Ratings has lowered State Farm General Insurance’s (SFGI) financial strength and issuer credit ratings to ‘A+’ from ‘AA’, citing a significant deterioration in the company’s capital regulatory solvency ratios...
Posted: May 14, 2025
The U.S. Department of Agriculture restored on May 13 some climate change-related webpages that the agency had deleted since President Donald Trump’s inauguration, after being sued by farm and environmental groups, one of the groups said. The T...
Posted: May 14, 2025
In a victory for global agrochemical maker Bayer, Georgia has become the second state to shield pesticide manufacturers from some lawsuits claiming that they failed to warn customers of potential dangers. The legislation signed Friday by Georgia Gov....
Posted: May 14, 2025
Overall, the market is moving on multiple fronts to improve sustainability, including enhancing underwriting practices and leveraging technology. The post
Posted: May 14, 2025
CLARA Analytics, an AI-driven solutions provider for the insurance industry, has rolled out advanced subrogation detection features in its flagship product, CLARA Triage, aimed at helping insurers recover significant funds lost through overlooked...
Posted: May 14, 2025
Bermuda-domiciled legacy reinsurer Compre Group Holdings Limited has completed an insurance business transfer of a portfolio of European casualty and motor liabilities from Ethias S.A. (Ethias). The transfer follows a prior Ethias Loss Portfolio T...
Posted: May 14, 2025
Medical malpractice insurer EmPRO Insurance Co. has opened its first office in Massachusetts. The new Boston office marks EmPRO’s further expansion into the New England market, following prior entries into New Jersey, Pennsylvania and Connectic...
Posted: May 14, 2025
New Energy Risk (NER), a specialist managing general underwriter and a wholly owned division of Paragon Insurance Group, has announced the promotion of George Schulz to Chief Executive Officer (CEO), effective June 1. Schulz will be succeeding out...
Posted: May 14, 2025
Cyber insurance is progressing toward maturity, but key challenges remain, according to insights shared during a recent webinar hosted by S&P Global Ratings, a provider of credit ratings, research, and risk analysis. During the session, titled...
Posted: May 14, 2025
Willis, a WTW business, has appointed Brian Vosloh as Head of Cyber for the Europe, the Middle East and Africa (EMEA) region. The broker continues to invest in cyber as it rises to one of the top risks facing businesses. The appointment strengthen...
Posted: May 14, 2025
Bermuda-domiciled global specialty re/insurer Ascot Group has priced the offering of $350 million aggregate principal amount of 6.349% fixed-rate reset senior notes due in 2035, as the carrier looks to be more financially flexible. The senior note...
Posted: May 14, 2025
Creating truly safe roads requires a comprehensive approach that addresses vehicle technology, transportation policy and the risky behaviors that contribute to these preventable tragedies. The post
Posted: May 14, 2025
Legislation is being crafted in various states to curb legal system abuse. The post Tort Reform Heats Up as States Confront...
Posted: May 14, 2025
The Financial Conduct Authority (FCA) has announced plans to remove outdated or duplicate requirements from its insurance rulebook, aiming to reduce costs and improve access for businesses and consumers who rely on insurance to manage risk, while...
Posted: May 14, 2025
Aviva Plc faces a review by the UK’s merger watchdog into its plan to buy Direct Line Insurance Group Plc for roughly £3.7 billion ($4.9 billion) in a deal that would create the UK’s largest motor insurer. The Competition and …
Posted: May 14, 2025
Aviva Plc faces a review by the UK’s merger watchdog into its plan to buy Direct Line Insurance Group Plc for roughly £3.7 billion ($4.9 billion) in a deal that would create the UK’s largest motor insurer. The Competition and …
Posted: May 14, 2025
Westfield Specialty International, the London-based specialty insurance arm of Westfield, has expanded its offshore energy team with the appointment of Michael Poulteney as Class Underwriter and Manraj Kailia as Senior Underwriter. Poulteney and K...
Posted: May 14, 2025
Markel Insurance, the insurance operations within Markel Group Inc., launched a specialist cyber product to provide up to US$5 million of cover per risk for indirect losses arising from an act of war. Cyber risks are a significant concern for …
Posted: May 14, 2025
Bermuda-based Conduit Re has reported gross premiums written of $410.2 million for Q1 2025, marking a 15% increase over Q1 2024, with growth achieved across all three of its segments. Of the total Q1 2025 premium, the Property segment contributed...
Posted: May 14, 2025
Bay Harbor Re, a provider of reinsurance solutions for the US property and casualty market, has announced the appointment of José Olivares as Sr. Treaty Underwriter, effective June 30, 2025. Olivares brings 15 years of insurance and reinsurance ex...
Posted: May 14, 2025
By implementing AI-driven technologies across the claims life cycle and integrating real-time analysis, P/C insurers could reduce fraudulent claims and save between $80 billion and $160 billion by 2032.
Posted: May 14, 2025