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Heathrow Fire Timeline Set Out as Grid Security Focus Sharpens

Insurance Journal

A detailed timeline of the events surrounding the unprecedented day-long blackout that hit London’s Heathrow Airport has been set out by the National Energy System Operator, as scrutiny of grid security intensifies. Heathrow was plunged into ch...

Posted: May 12, 2025

Broker Insights’ Vision platform hits £10bn in GWP

Reinsurance News

Broker Insights, a data analytics and digital distribution provider for commercial insurance, has reached £10 billion in gross written premium (GWP) uploaded to its Vision platform across the UK, EU, and US. According to the firm, this new milesto...

Posted: May 12, 2025

Creative, Connected, Client-First: What Sets the 2025 Rising Stars Apart

Risk & Insurance

The 2025 Rising Stars demonstrate what it means to put the customer first, striving to place their clients’ businesses at the heart of what they do each day. The post

Posted: May 12, 2025

Clare Francis named Non-Executive Director, AJ Gallagher Holdings (UK)

Reinsurance News

Insurance and reinsurance broking group Gallagher has appointed Clare Francis as an Independent Non-Executive Director of Arthur J. Gallagher Holdings (UK) Limited. Additionally, as part of her role, she will become the Chair of the Remuneration C...

Posted: May 12, 2025

Carrier Management announces agenda and speakers for its 2025 InsurTech Summit

Insurance Journal

San Diego, CA. May 12, 2025 — Today, Carrier Management announced the agenda and speakers for The InsurTech Summit 2025. The event is designed for: carrier executives, entrepreneurs and investors, insurance technologists, wholesale and retail agents,...

Posted: May 12, 2025

Extreme weather costs in Australia in 2025 hit AUD 1.5bn: ICA

Reinsurance News

According to new data released by the Insurance Council of Australia (ICA), the February North Queensland floods and ex-Tropical Cyclone Alfred in March have so far caused insured losses of almost AUD 1.5 billion. The ICA has clarified that these...

Posted: May 12, 2025

Rokstone names Bishop as Class Underwriter, UK & Ireland Casualty division

Reinsurance News

Rokstone, an international specialty re/insurance MGA and part of the Aventum Group, has appointed Matt Bishop as Class Underwriter for its new UK and Ireland Casualty division, which was launched last week. Bishop, who brings 35 years of industry...

Posted: May 12, 2025

North Dakota Insurance Commissioner Granted Authority to Require Restitution

Insurance Journal

The North Dakota insurance commissioner has the authority to require insurance companies to pay restitution to harmed policyholders under a bill signed into last month. House Bill 1088, signed into law on April. 10 by Gov. Kelly Armstrong, grants the...

Posted: May 12, 2025

UK cyber insurance claims in 2024 down YOY but still up on earlier years: Marsh

Reinsurance News

Cyber claims in the United Kingdom decreased by 20% in 2024 following a spike in 2023, although they remain around one-third higher than in 2020, 2021, and 2022, according to new research by Marsh, the insurance broking and risk advisor arm of Mar...

Posted: May 12, 2025

Ohio High School Lacrosse Player Dies from Injuries Suffered During Game

Insurance Journal

An Ohio high school lacrosse player died Thursday from injuries he suffered during a lacrosse game. The family of Dylan Veselic announced his death in a message posted to the Bay Village High School lacrosse team’s X account. Veselic, a …

Posted: May 12, 2025

Texas Woman Sentenced for Disaster Relief Fraud Scheme

Insurance Journal

A Texas woman has been sentenced for conspiracy to commit wire fraud which resulted in approximately $620,000 in losses, U.S. Attorney Nicholas J. Ganjei announced last week. Cora Chantail Custard, a 35-year-old who had resided in both Houston and Sa...

Posted: May 12, 2025

Insurwave and Osprey partner to modernise aviation insurance through real-time risk intelligence

Reinsurance News

Insurwave, the London-based insurtech platform focused on specialty insurance, has entered into a strategic partnership with Osprey Flight Solutions, a specialist in aviation risk management. The collaboration aims to transform how insurers and av...

Posted: May 12, 2025

Trisura reports strong operating ROE amid 20.4% lower Q1’25 net income

Reinsurance News

Specialty insurance provider Trisura Group has announced its financial results for the first quarter of 2025, reporting a net income of $29.0 million and strong operating return on equity (ROE) of 18.4% driven by operating net income of $34.2 mill...

Posted: May 12, 2025

American Coastal reports $21.3m net income in Q1’25

Reinsurance News

American Coastal Insurance Corporation, a property and casualty insurance holding company, has released its financial results for the first quarter of 2025, reporting net income of $21.3 million. While this figure represents a slight decrease comp...

Posted: May 12, 2025

Why Trump’s Plan to Stop Tallying Weather Losses Matters to the Insurance Industry

Carrier Management

Why Trump’s Plan to Stop Tallying Weather Losses Matters to the Insurance Industry Extr...

Posted: May 12, 2025

‘Don’t Get in My Way,’ the New Acting Head of FEMA Warns Staff

Carrier Management

‘Don’t Get in My Way,’ the New Acting Head of FEMA Warns...

Posted: May 12, 2025

Arch Insurance names Sophie Mansouri to lead newly unified UK Professional Indemnity team

Reinsurance News

Arch Insurance International, a part of the global Arch Capital Group and a provider of specialty insurance solutions across multiple lines, has appointed Sophie Mansouri as UK Professional Indemnity (PI) Underwriting Manager, effective immediatel...

Posted: May 12, 2025

White House Dismisses Democrats on Consumer Product Safety Commission

Insurance Journal

The Trump administration dismissed three Democrats on the five-member Consumer Product Safety Commission, a White House official confirmed Friday. The three Democratic commissioners said the firings were illegal. The CPSC issues product recalls to ad...

Posted: May 12, 2025

‘Don’t Get in My Way,’ the New Acting Head of FEMA Warns Staff

Insurance Journal

The new head of the federal agency tasked with responding to disasters across the country warned staff in a meeting Friday not to try to impede upcoming changes, saying that “I will run right over you” while also suggesting policy …

Posted: May 12, 2025

Authorities Arrest 100+ People on Tennessee Roads in Deportation Plan

Insurance Journal

NASHVILLE, Tenn. (AP) — More than 100 people have been taken into custody by federal immigration officials in a joint operation with the Tennessee Highway Patrol, leaving many in Nashville’s immigrant community uncertain and worried. “Non...

Posted: May 12, 2025

4.1 Magnitude Tennessee Earthquake Rattles Homes as Far Away as Atlanta

Insurance Journal

ATLANTA (AP) — A 4.1-magnitude earthquake in Tennessee woke up families and rattled homes as far away as Atlanta as it spread tremors across portions of the southern U.S. on Saturday morning. No injuries or major damage were immediately reported. &#8...

Posted: May 12, 2025

People Moves: Rothwell Joins Cowbell in California as Controller

Insurance Journal

Vivien Rothwell joined Cowbell as controller. Rothwell has more than 20 years of experience in corporate finance and accounting, working across the real estate, insurance, and FinTech sectors. Rothwell began her career at Deloitte & Touche LLP in...

Posted: May 12, 2025

Google Settles $1.4B Lawsuit with Texas Over Data Privacy Violations

Insurance Journal

Google will pay $1.4 billion to Texas to settle claims the company collected users’ data without permission, the state’s attorney general announced Friday. Attorney General Ken Paxton described the settlement as sending a message to tech...

Posted: May 12, 2025

Google Settles $1.4B Lawsuit With Texas Over Data Privacy Violations

Insurance Journal

Google will pay $1.4 billion to Texas to settle claims the company collected users’ data without permission, the state’s attorney general announced Friday. Attorney General Ken Paxton described the settlement as sending a message to tech...

Posted: May 12, 2025

FY 24/25 results show Skuld profit on premium and investment gains

Reinsurance News

Skuld, a global marine insurer, reported a solid financial result of USD 21 million for the financial year ending 20 February 2025. Despite a more demanding claims environment, the company’s performance was underpinned by a significant rise in gro...

Posted: May 12, 2025

Report Shows NYC Helicopter Breaking Apart in Midair Before Crash That Killed 6

Insurance Journal

Federal officials last Wednesday released images of a doomed New York City sightseeing helicopter as it broke apart in midair last month, killing six people. The series of still photographs taken from surveillance camera video shows the fuselage, con...

Posted: May 12, 2025

(Re)defining Empathy in Insurance

Insurance Thought Leadership

(Re)defining Empathy in Insurance Customer Experience ClareCarroll1 Mon, 05/12/2025 - 00:29...

Posted: May 11, 2025

Five Medication Management Trends to Watch in Workers’ Comp

Risk & Insurance

The most recent annual review of drug utilization data from Optum revealed key trends that could shape workers’ comp care and policy developments in 2025 and beyond. The post

Posted: May 11, 2025

NEXT Announces Multi-Location Workers Comp Coverage

IA Magazine

Coverage allows small business owners with multiple locations to easily secure coverage through a single policy, meeting the needs of businesses that are adding new locations and hiring more employees.

Posted: May 11, 2025

4 Tips for Working with Marine Underwriters

IA Magazine

Agents play an important role in working as trusted advisors to provide reliable and tailored coverage for their marine clients.

Posted: May 11, 2025

M&A Hits 5-Year First-Quarter Low But Big Deals Loom

IA Magazine

The first quarter of 2025 saw the number of mergers & acquisitions decline 15% to 141, down from 166 in the first quarter of 2024.

Posted: May 11, 2025

4 Tips for Working With Marine Underwriters

IA Magazine

Independent insurance agents can leverage their carrier relationships to provide reliable and tailored coverage for marine clients.

Posted: May 11, 2025

Mitsui Direct Migrates Claims Operations to Guidewire Cloud

IIR

Mitsui Direct has adopted Guidewire ClaimCenter in Japan’s first cloud-based deployment of the application to enhance IT operations and customer service.

Posted: May 11, 2025

John Hancock Marks 10 Years of Vitality Health Program

IIR

The life insurer reports improved health and financial outcomes for members and announces new partnerships with Function Health and Nutrisense.

Posted: May 11, 2025

Triple-I Report: Lower-Risk Parcels Can Be Found in Wildfire-Prone California Communities

Insurance Information Institute

California Press Office Janet Ruiz 707-490-9365 [email protected]   SAN DIEGO, May 12, 2025 - The Insurance Information Institute (Triple-I) today published a whitepaper addressing wildfire insurance access in underserved areas of California, one of the...

Posted: May 11, 2025

Why Small Businesses Are Struggling with Safety — and the Low-Cost Fixes That Work

Risk & Insurance

Here are three ways small businesses can imporve their approach to workplace safety. The post Why Small Businesses Are...

Posted: May 11, 2025

RISKWORLD™ 2025 Coverage: Arch’s Kyle Lutterman

Risk & Insurance

With ransomware such a pernicious, ongoing risk, tools that can better defend inboxes will be in demand. The post RISKWORLD™ 2025 Coverage: Arch’s Ky...

Posted: May 10, 2025

Rippling raises $450 million at $16.8 billion valuation

coverager

National independent agency stands out for leveraging integrations to simplify processes and drive growth

Posted: May 10, 2025

Deadly April Rainfall, Catastrophic Flooding Across US Intensified by Climate Change

Carrier Management

Deadly April Rainfall, Catastrophic Flooding Across US Intensified by Climate Change Human-caused clima...

Posted: May 09, 2025

US Labor Market Remains Resilient, But Employee Productivity Dropped in Q1

Carrier Management

US Labor Market Remains Resilient, But Employee Productivity Dropped in...

Posted: May 09, 2025

HCI Group eyes Exzeo spin-off

coverager

TypTap wrote $142.4 million in gross premiums during the quarter.

Posted: May 09, 2025

🦄 Rippling raises $450 million at $16.8 billion valuation

coverager

Paul Mahon to retire as President & CEO.

Posted: May 09, 2025