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Discover how to overcome key return-to-work challenges—like mental health, social factors, and delays—using data-driven strategies that accelerate recovery and improve outcomes in workers’ compensation. The post
Posted: Apr 07, 2025
A multiday severe weather outbreak in the central U.S. caused an estimated $80 billion to $90 billion in total damage and economic loss, according to a preliminary estimate from AccuWeather. From April 2 to April 6, a rare weather system …
Posted: Apr 07, 2025
California’s strict regulatory environment, coupled with high reinsurance costs, has intensified challenges for insurers in the aftermath of the January 2025 wildfires, according to Morningstar DBRS. The wildfires, which burned over 16,000 s...
Posted: Apr 07, 2025
Majority of Small Biz Leaders Think AI Will Play ‘Crucial Role’ in...
Posted: Apr 07, 2025
Severe Storms, Flash Floods Continue to Batter Parts of the US Parts of the South and Midwest, still...
Posted: Apr 07, 2025
Bayer Renews Bid for US High Court to Curb...
Posted: Apr 07, 2025
resident Donald Trump’s sweeping tariff plans battered global markets again on Monday after he said foreign governments would have to pay “a lot of money” to get the levies removed, while U.S. stocks got a brief lift on hints of ...
Posted: Apr 07, 2025
Dutch Broker HW International Completes Management Buyout HW International BV (HWI BV), the privately held, Dutch insurance broker, has completed a management buyout with the backing of OBL Investments BV, a privately held company. Financial details...
Posted: Apr 07, 2025
Retail insurance brokerage Maury Donnelly & Parr has partnered with CyberCube, a provider of cyber risk analytics, to enhance its sales enablement process. As part of the agreement, Maury Donnelly & Parr will license CyberCube’s Broking Ma...
Posted: Apr 07, 2025
Umbrella/excess liability and commercial auto lead with 6.7% hikes; small businesses and transportation sector hit hardest: MarketScout. The post
Posted: Apr 07, 2025
Cattle Raisers Insurance, in partnership with Higginbotham, announced a new offering that provides qualified Texas & Southwestern Cattle Raisers Association members with an exclusive 10% discount on Travelers property insurance coverage. The anno...
Posted: Apr 07, 2025
Viatris said on Monday it would pay up to $335 million over nine years as part of a nationwide settlement to resolve opioid-related claims against the drugmaker. Shares of the Pennsylvania-based company, formed by the merger of Mylan and Pfizer’...
Posted: Apr 07, 2025
Brit Re, the Bermuda-based reinsurance platform of Brit, has joined the Association of Bermuda Insurers and Reinsurers (ABIR), as the organisation’s membership reaches record high. ABIR represents the public policy interests of Bermuda’s int...
Posted: Apr 07, 2025
In a March memo to lawmakers, Florida’s Office of Insurance Regulation sharply criticized the state’s rather unique two-agency insurance regulatory structure, arguing that the Department of Financial Services has dropped the ball on consu...
Posted: Apr 07, 2025
SecurityScorecard and Willis, a WTW business, announced a collaboration to enhance cyber risk quantification, improve insurance modeling, and strengthen enterprise security strategies for organizations worldwide. As part of this partnership, Security...
Posted: Apr 07, 2025
GREENSBORO, N.C. (AP) — A federal lawsuit alleging North Carolina’s new electronic courts records and case management system contributed to unlawful arrests or extended jail detainments can continue against the system’s developer and a co...
Posted: Apr 07, 2025
Ambac Financial Group, Inc., an insurance holding company, has announced that it has met all necessary pre-closing conditions under the purchase agreement for the sale of Ambac Assurance Corporation (AAC) and Ambac UK (AUK) to funds managed by Oak...
Posted: Apr 07, 2025
NASHVILLE, Tenn. (AP) — Workers at an East Tennessee plastics company who died in flooding from last year’s Hurricane Helene had time to evacuate, albeit by “makeshift routes,” according to an investigation from the Tennessee Occupa...
Posted: Apr 07, 2025
Start Network has received a significant insurance payout of $727,855 through the African Risk Capacity (ARC) Replica programme. This crucial funding will enable rapid cash transfers to 10,500 households in Somalia grappling with the devastating e...
Posted: Apr 07, 2025
As the insurance landscape evolves, MGAs are presented with opportunities to capture business in new markets
Posted: Apr 07, 2025
The CarAdvise Fuel Program card is powered by Corpay.
Posted: Apr 07, 2025
This rebrand follows The Hartford's primary rebrand.
Posted: Apr 07, 2025
FRANKFORT, Ky. (AP) — A 9-year-old Kentucky boy who died in floodwaters while walking to catch his school bus was remembered by his classroom teacher as the “sweetest, kindest boy.” The death of Gabriel Andrews stunned residents in the Bl...
Posted: Apr 07, 2025
According to the MarketScout Market Barometer, the composite rate for U.S. personal lines kept rising in the first quarter to 4.9%, up from 4% during the prior three-month period. Richard Kerr, CEO of Novatae Risk Group, said the increase was …
Posted: Apr 07, 2025
Chubb Arabia, part of the global insurance carrier, has appointed Kamran Mazhar as its new Chief Executive Officer (CEO). In his role, Mazhar will lead Chubb Arabia’s strategic direction and business operations. Additionally, he will focus o...
Posted: Apr 07, 2025
The European Commission is considering counting international carbon credits towards its next climate target, a move that could weaken the CO2-cutting efforts it demands from domestic industries, sources familiar with the matter told Reuters. The ide...
Posted: Apr 07, 2025
Global credit markets began to come under fire on Monday, driving the cost of insuring against corporate and sovereign default higher, as recession fears rippled across equities, commodities and currencies. Trillions of dollars have been wiped off gl...
Posted: Apr 07, 2025
Facing a mature domestic market with limited growth potential due to a shrinking and aging population, Japanese insurers are expanding into international markets, like the US and Australia, and making acquisitions to diversify revenue and sustain...
Posted: Apr 07, 2025
Leading governance adviser Institutional Shareholder Services (ISS) has recommended Generali investors vote to hand CEO Philippe Donnet another term at a general meeting on April 24. Donnet has been put forward as a candidate by the insurer’s m...
Posted: Apr 07, 2025
Reinsurance broker Gallagher Re has announced the appointment of Thomas Dubecq as Head of International Regional Retro. Dubecq joins Gallagher Re from Guy Carpenter, where he spent the past five years, most recently serving as Chairman, Africa, ov...
Posted: Apr 07, 2025
As the marine re/insurance sector marks the one-year anniversary of the Baltimore Bridge collapse, the industry continues to navigate the long-term implications of what has been one of its most significant loss events for the industry in recent ye...
Posted: Apr 07, 2025
CelsiusPro Group is strengthening its Climate Resilience Solutions offerings with the addition of a highly experienced Disaster Risk Finance (DRF) team. Joining Global Parametrics, a CelsiusPro Group company since September 2023, the team brings e...
Posted: Apr 07, 2025
Technology is greatly amplifying the capabilities of criminals to deceive employees and produce outsized, illegitimate gains. The post
Posted: Apr 07, 2025
Specialty insurer Beazley has promoted Sydonie Williams to Head of International Cyber Risks. Williams will assume the role immediately, having previously held the position of Focus Group Leader, RoW, Cyber Risks. Beazley highlighted that since jo...
Posted: Apr 07, 2025
Insurance Business Magazine - US
Posted: Apr 07, 2025
The European Commission has approved, under EU State aid rules, a €1.5 billion (PLN 6.4 billion) Polish scheme to provide State-supported reinsurance of insurance for transport on the territory of Ukraine. Poland, through its public export credit...
Posted: Apr 07, 2025
Plymouth Rock Home Assurance Corp., headquartered in Boston, appointed Kevin Zygmunt as its chief operating officer. In his new role, he oversees operations for the marketing, underwriting, service, and claims teams for the home group. Zygmunt most r...
Posted: Apr 07, 2025
The reinsurance arm of Vienna Insurance Group, VIG Re, has reported preliminary, unaudited full-year 2024 gross written premiums (GWP) growth of 9.2% to €983.3 million, driven by its third-party reinsurance and VIG business segments. The reinsurer...
Posted: Apr 07, 2025
Growth in the insurance sector driven by generative artificial intelligence (gen AI) has the potential to inject up to £59 billion to the UK annual Gross Domestic Product (GDP) by 2038, according to a recent report by Accenture. According to the &...
Posted: Apr 07, 2025
Swiss Re Insurance-Linked Investment Advisors Corporation (SRILIAC), a registered investment adviser and subsidiary of global reinsurer Swiss Re, will become co-investment manager of GAM’s insurance-linked securities (ILS) fund range, including th...
Posted: Apr 07, 2025
Oil company Chevron must pay $744.6 million to restore damage it caused to southeast Louisiana’s coastal wetlands, a jury ruled on Friday following a landmark trial more than a decade in the making. The case was the first of dozens …
Posted: Apr 07, 2025
Meta Platforms Inc. plans to spend nearly $1 billion on the development of a data center project in central Wisconsin, underscoring a larger effort from the social media giant to ramp up investments in AI and cloud infrastructure. In February, …...
Posted: Apr 07, 2025
Dallas, TX, April 7, 2025 — At Risk Theory, evolution is at the core of who we are, and our brand should reflect that. We are excited to announce a refresh of our member company logos—a step forward in strengthening …
Posted: Apr 07, 2025
Posted: Apr 07, 2025