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Opinion: RISKWORLD™ 2025 Impressions from Risk & Insurance Editor Dan Reynolds

Risk & Insurance

The RISKWORLD™ event in Chicago this year took a step forward. We'll see where it goes from here. The post Opinion: RISKWORLD™ 2025 Impressions f...

Posted: May 06, 2025

Facing the Silver Tsunami: How Agentic AI Can Help Carriers Overcome the Adjuster Workforce Crisis w...

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As the insurance industry grapples with an aging workforce and increasing claims volumes, Agentic AI emerges as a transformative solution.

Posted: May 06, 2025

Insurance + APIs: How Superior Data Is Key to Distribution Channel Management

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Your distribution channel is filled with data on every downstream partner you work with. If that data isn’t flowing through your existing systems, it’s not doing you any good.

Posted: May 06, 2025

Berkshire Hathaway Specialty Insurance enters UK Programs market

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Rob Munden will be responsible for building and leading BHSI’s Programs business in the UK.

Posted: May 06, 2025

QBE backs AI Fund’s $190M venture studio raise

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The fund reflects corporate demand for early access to enterprise AI solutions.

Posted: May 06, 2025

Aflac expands partnership with Empathy

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LifeVault streamlines the creation and management of essential documents.

Posted: May 06, 2025

MetLife and Aura introduce new offering for parents

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The new solution provides parents with the summarized insights they need to know their kid is okay.

Posted: May 06, 2025

Turris partners with Loro

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Loro is a SaaS platform that enables online quoting, binding, and policy issuance for specialty insurance products.

Posted: May 06, 2025

AmTrust appoints Bruce Shuman as chief marketing officer

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Shuman joins AmTrust with over 20 years of experience in insurance and financial services.

Posted: May 06, 2025

Lemonade reports Q1 results

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Travel Well is Pulse’s first retail travel proposition.

Posted: May 06, 2025

World Insurance Acquires Upstate New York Agencies

Insurance Journal

Insurance broker World Insurance Associates LLC has acquired the business of Christopher Williams Agency and Barrett Millard LLC of Pittsford, New York. The Christopher Williams Agency began in 1961, and it purchased Barrett Millard in 2023. The agen...

Posted: May 06, 2025

After Fan’s Fall, Safety Measures Examined Across MLB

Carrier Management

After Fan’s Fall, Safety Measures Examined Across MLB When a fan flipped over the railing and fell off the 21-foot-high Clemente Wall in right field at Pittsburgh's PNC Park on Wednesday night, it elicited memories of spectators who have died from .....

Posted: May 06, 2025

M&S, Co-op Cyberattackers Duped IT Help Desks into Resetting Passwords

Carrier Management

M&S, Co-op Cyberattackers Duped IT Help Desks into Rese...

Posted: May 06, 2025

Escalating Construction Costs Point to NFIP Rate Shortfalls: Report

Carrier Management

Escalating Construction Costs Point to NFIP Rate Shortfalls: Report Recent analysis indicates that...

Posted: May 06, 2025

New Louisiana Law Mandates Discount Disclosures for Insurance Companies

Insurance Journal

Louisiana Insurance Commissioner Tim Temple sent out an announcement this week to all property and casualty insurance companies notifying of a statue that requires insurers to disclose all available discounts that could lead to reduced premiums for c...

Posted: May 06, 2025

Benefit Advisors Network Adds Texas’ Carroll Insurance as New Member

Insurance Journal

Benefit Advisors Network (BAN), an international network of progressive and visionary employee benefit brokers and consulting firms from across the United States and Canada, announced Houston, Texas-based Carroll Insurance has been accepted for membe...

Posted: May 06, 2025

Rivian Deepens Illinois Ties With $120 Million EV Supplier Park

Insurance Journal

Rivian Automotive Inc. is investing $120 million in a new supplier park in Illinois, another win for Governor JB Pritzker after the company announced a $1.5 billion plan to expand its plant in the state. The 1.2 million-square-foot park in …

Posted: May 06, 2025

TWIA says rates on line ‘potentially down’ as June 1 reinsurance renewal nearly placed

Reinsurance News

Jim Murphy, Chief Actuary of the Texas Windstorm Insurance Association (TWIA), said during a Board meeting today that rates on line that the association is seeing in the market right now are flat, if not potentially down when compared with last ye...

Posted: May 06, 2025

People Moves: Encova Insurance Names Lingala EVP and CIO

Insurance Journal

Encova Insurance, headquartered in Columbus, Ohio, hired Ramu Lingala as the successor to Tony Laska, executive vice president and chief information officer. Laska announced his plans for retirement at the end of 2025 last year. Lingala joined Encova...

Posted: May 06, 2025

Renewal Rates Continue Upward YOY for Most Commercial Lines: Ivans Index

Insurance Journal

Premium renewal rates increased year-over-year for all major commercial lines, except workers’ compensation, according to first quarter 2025 results of the Ivans Index. Compared to fourth quarter 2024, all lines experienced a decrease in averag...

Posted: May 06, 2025

Gilliland and Higgins to lead Atrium’s Strategic Distribution team

Reinsurance News

Atrium, a specialty insurance group at Lloyd’s, has announced the appointment of a new Strategic Distribution team to be led by Chance Gilliland as Group Head and Maureen Higgins as Deputy Group Head. The newly formed team will look for growth opp...

Posted: May 06, 2025

People Moves: Aon Promotes Lyons to Bermuda CEO of Reinsurance; BHSI Appoints Munden to Lead New UK...

Insurance Journal

Aon Promotes Lyons to Bermuda CEO of Reinsurance Insurance broker Aon plc announced that Amanda Lyons had been appointed CEO of Aon Reinsurance Solutions Ltd. in Bermuda, effective July 1. The appointment is subject to regulatory and immigration appr...

Posted: May 06, 2025

Everest Reinsurance names Jonathan Mesagaes as Head of Renewable Energy

Reinsurance News

Everest Reinsurance, the reinsurance division of Everest Group, has announced the appointment of Jonathan Mesagaes as Head of Renewable Energy. With more than two decades of experience in underwriting, risk management, and actuarial pricing, Mesag...

Posted: May 06, 2025

NYC Lost $9 Billion of Income to Miami, Palm Beach in Five Years

Insurance Journal

A net 30,000 New Yorkers fled the city for Florida’s Palm Beach and Miami-Dade counties in the five years through 2022, taking with them a combined $9.2 billion in income, a new report shows. The two Florida counties gained households …

Posted: May 06, 2025

Aon promotes Amanda Lyons to Bermuda CEO of Reinsurance

Reinsurance News

Amanda Lyons has been appointed CEO of Aon Reinsurance Solutions Limited in Bermuda, effective July 1, 2025, subject to regulatory and immigration approvals. Based in Bermuda, Lyons is reportedly expected to lead the growth of Aon’s reinsurance pl...

Posted: May 06, 2025

Hurricane Forecasts Are Better Than Ever But NOAA Cuts Could Change That

Insurance Journal

(THE CONVERSATION) The National Hurricane Center‘s forecasts in 2024 were its most accurate on record, from its one-day forecasts, as tropical cyclones neared the coast, to its forecasts five days into the future, when storms were only beginnin...

Posted: May 06, 2025

Corebridge Financial reports strong operating income despite net loss in Q1’25

Reinsurance News

Corebridge Financial, an American multinational financial services company, has announced its financial results for the first quarter of 2025, reporting $649 million in adjusted after-tax operating income despite a net loss of $664 million. Q1 202...

Posted: May 06, 2025

Burger King Must Face Lawsuit Over Whopper Ads

Insurance Journal

Burger King must face a lawsuit claiming it misleads customers with advertisements that make its Whopper sandwich and other products appear larger than they are. In a decision on Monday, U.S. District Judge Roy Altman in Miami found it plausible &#82...

Posted: May 06, 2025

Lena Kettler named Global Head of Claims (P&C) for Hannover Re

Reinsurance News

European reinsurer Hannover Re has announced the appointment of Lena Kettler as Global Head of Claims (P&C), a newly created position based in Hannover. Kettler is joining Hannover Re with close to two decades of industry experience with exten...

Posted: May 06, 2025

People Moves: Dunn Joins Marsh as US Construction Practice Leader

Insurance Journal

Marsh, a business of Marsh McLennan headquartered in New York City, appointed Jim Dunn as U.S. construction practice leader. Based in Atlanta, Georgia, Dunn will report to Michael Pellegrini, U.S. and Canada specialty leader, Marsh. Dunn has over 30...

Posted: May 06, 2025

People Moves: Dunn Joins Marsh as US Construction Practice Leader; Canopius Appoints Varghese as Hea...

Insurance Journal

Marsh, a business of Marsh McLennan headquartered in New York City, appointed Jim Dunn as U.S. construction practice leader. Based in Atlanta, Georgia, Dunn will report to Michael Pellegrini, U.S. and Canada specialty leader, Marsh. Dunn has over 30...

Posted: May 06, 2025

Envelop Risk adds Jacquelynn Morley to its Bermuda-based team

Reinsurance News

Envelop Risk, a data-driven cyber reinsurance and analytics specialist, has expanded its Bermuda presence with the addition of Jacquelynn Morley to the team. A reinsurance expert with 18 years of experience, Morley brings extensive capabilities in...

Posted: May 06, 2025

Lemonade Posts Q1 Loss on Wildfires, Spending; Auto Product Positioned to Grow

Insurance Journal

Insurtech Lemonade reported a first quarter 2025 net loss of about $62.4 million compared to a loss of $47.3 million a year ago during the same time. The decline, according to a letter to shareholders, was due primarily to losses …

Posted: May 06, 2025

People Moves: Mutual of Enumclaw Hires Otis as President and CEO

Insurance Journal

Mutual of Enumclaw, hired insurance industry veteran Bob Otis as its new president and CEO. Otis has more than 30 years of executive-level experience in property/casualty insurance with several firms, including Allstate, USAA and National Lloyds. Mos...

Posted: May 06, 2025