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People Moves: Venbrook Names Myers President of New Practice; Yuen Appointed Vice President, West Re...

Insurance Journal

Venbrook Group launched a new corporate benefits and specialty health division and named Alison Myers its president. The division is an expansion of the firm’s employee benefits practice. Myers was most recently executive vice president of the...

Posted: Apr 16, 2025

Flood Cleanup Continues at Kentucky Distillery

Carrier Management

Flood Cleanup Continues at Kentucky Distillery Signs of renewal are underway at the Buffalo Trace Dis...

Posted: Apr 15, 2025

Apps With Goals, Incentives May Hold Key to Safer Driving: AAA

Carrier Management

Apps With Goals, Incentives May Hold Key to Safer Driving: AAA More tha...

Posted: Apr 15, 2025

US House Committee Seeks Testimony From 23andMe Co-founder After Bankruptcy

Carrier Management

US House Committee Seeks Testimony From 23andMe Co-founder After Bankruptcy...

Posted: Apr 15, 2025

InsurTech Profile: Tech Innovation Guides Work at Turvi

Carrier Management

InsurTech Profile: Tech Innovation Guides Work at Turvi M...

Posted: Apr 15, 2025

Businesses Turn to Captives for Health Insurance

Insurance Thought Leadership

Businesses Turn to Captives for Health Insurance Life & Health

Posted: Apr 15, 2025

AI Agents Will Transform Insurance Operations

Insurance Thought Leadership

AI Agents Will Transform Insurance Operations AI & Machine Learning

Posted: Apr 15, 2025

Why Trade Credit Insurance Is Crucial Now

Insurance Thought Leadership

Why Trade Credit Insurance Is Crucial Now ITL Editorial Team Tue, 04/15/2025 - 20:57 ...

Posted: Apr 15, 2025

How Does a Divorce Impact Your Agency Value?

IA Magazine

For business owners experiencing divorce, 57% say their company has taken a financial hit and 70% couldn’t focus on their work the same way.

Posted: Apr 15, 2025

Universal Life of Cyprus to Modernize Core Systems With Sapiens

IIR

The Cyprus-based insurer will implement Sapiens CoreSuite to replace legacy systems and support strategic growth.

Posted: Apr 15, 2025

EIS Launches AbsenceLink to Streamline Leave and Disability Management

IIR

The new solution integrates claims and compliance functions for insurers and employers through a unified digital platform.

Posted: Apr 15, 2025

Triple-I/State Farm: US Dog-Related Injury Claim Payouts Hit $1.57 Billion in 2024

Insurance Information Institute

Media Contacts Triple-I: Janet Ruiz, 707-490-9365, [email protected] State Farm: Gina Morss-Fischer, [email protected]     SAN DIEGO, April 16, 2025—U.S. insurers paid out $1.57 billion in dog-related injury claims in 2024, according...

Posted: Apr 15, 2025

Roof Claim Costs Increased 30% from 2022 to 2024

IA Magazine

Roof repair and replacement cost value totaled nearly $31 billion in 2024, according to a report from Verisk.

Posted: Apr 15, 2025

VIG acquires stake in Polish broker Phinance

coverager

The acquisition was approved by Poland’s Office for Competition and Consumer Protection (UOKiK).

Posted: Apr 15, 2025

Hertz Says Hackers Stole License Numbers, Credit Card Data

Insurance Journal

Hertz is alerting customers to a data breach involving drivers’ license numbers and other personal information following a hack in its supply chain. The car-rental company said in a posting on its website that it completed an analysis of the &#...

Posted: Apr 15, 2025

14 Questions for Bardavon CEO Alex Benson

Risk & Insurance

A little over a year into his role as CEO, Bardavon's Alex Benson reflects on how the company is doing so far and what he would like to see it achieve. The post

Posted: Apr 15, 2025

MassMutual collaborates with Benefit Harbor

coverager

This collaboration brings a streamlined, user-friendly solution for offering group whole life insurance.

Posted: Apr 15, 2025

Insly achieves ISO/IEC 27001 and ISO/IEC 27017 certifications

coverager

Insly, the low-code software provider to the insurance industry, has been awarded both ISO/IEC 27001 and ISO/IEC 27017 certifications, demonstrating the company’s commitment to security across its operations.

Posted: Apr 15, 2025

Munich Re Digital Partners names new head

coverager

Prosiegel joined Munich Re in 2014.

Posted: Apr 15, 2025

Octane closes $700 million forward-flow deal

coverager

The proceeds of this deal will support Octane’s continued momentum.

Posted: Apr 15, 2025

Tune Protect launches ticket refund insurance with Ticket2U

coverager

An optional Sports Personal Accident add-on is also available for those participating in sporting events.

Posted: Apr 15, 2025

Ardonagh Advisory acquires Liverpool based ALP Holdings

coverager

The Ardonagh Group is a top 20 global broker.

Posted: Apr 15, 2025

SiriusPoint announces new collaboration with Irwin Siegel Agency

coverager

SiriusPoint will collaborate with ISA on the launch of a new Casualty and Excess program.

Posted: Apr 15, 2025

Real Estate Insurance Market Shows Mixed Signals

Risk & Insurance

Gallagher report reveals double-digit rate decreases for catastrophic-exposed property placements, while casualty lines face continued hardening with rising deductibles and shrinking carrier capacity. The post

Posted: Apr 15, 2025

United Risk Launches Multi-Line Reinsurance MGA, Names Cahill as CEO

Insurance Journal

United Risk, a subsidiary of Applied Underwriters, announced it has formed a multi-line reinsurance managing general agent. Jay Cahill, previously United Risk’s chief financial officer, has been named chief executive officer of the new MGA. He...

Posted: Apr 15, 2025

Judge Orders Bank of America to Pay $540 Million in FDIC Lawsuit

Insurance Journal

A federal judge ordered Bank of America to pay $540.3 million in a long-running Federal Deposit Insurance Corporation lawsuit accusing the second-largest U.S. bank of underpaying what it owed for deposit insurance. In a decision made public on Monday...

Posted: Apr 15, 2025

Texas Lawsuit Accuses Copart of Gender Discrimination and Sexual Harassment

Insurance Journal

A lawsuit filed in Texas this month accuses online vehicle auction provider Copart of gender discrimination, retaliation and sexual harassment. Christine Arnold, a former global vice president of human resources for Copart, says she was fired in reta...

Posted: Apr 15, 2025

NSM completes sale of US commercial insurance division to New Mountain

Reinsurance News

NSM Insurance Group, a global specialty insurance provider, has completed the previously announced sale of its US commercial insurance division to New Mountain Capital, a growth-oriented investment firm. The definitive agreement for the sale was f...

Posted: Apr 15, 2025

Texas Measles Cases Increase 4% as Spread Appears to Be Slowing

Insurance Journal

Texas reported 20 new confirmed measles cases on Tuesday, a 4% increase from Friday’s data as the virus’ spread appears to be slowing in the hardest-hit US state. The state now has 561 total cases, with 58 people hospitalized since &#8230...

Posted: Apr 15, 2025

MarshBerry’s FirstChoice Expands to Minnesota and Arizona

Insurance Journal

MarshBerry announced that FirstChoice, a MarshBerry Company (FirstChoice), has expanded into Minnesota and Arizona. This strategic move provides independent insurance agency owners in these states with the opportunity to join FirstChoice’s thri...

Posted: Apr 15, 2025

Hadron Acquires Michigan’s The Guarantee Company of North America

Insurance Journal

Hadron, an Arkansas-based carrier, announced its intent to acquire The Guarantee Company of North America USA (GCNA), a Michigan-domiciled insurance company, from Atlantic Specialty Insurance Company, a subsidiary of Intact Financial Corporation (TSX...

Posted: Apr 15, 2025

2024 Saw Second Most Tornadoes on Record in the US

Insurance Journal

New analysis indicates there were 1796 confirmed tornadoes in 2024, the second highest on record, according to NOAA’s Storm Prediction Center. The busy tornado season was driven by an active April and May in the Plains (notably quiet for much &...

Posted: Apr 15, 2025

Lockton names Devin Beresheim as US Risk Solutions Leader to drive expansion

Reinsurance News

Lockton, a privately owned independent insurance brokerage, has announced the appointment of Devin Beresheim as US Risk Solutions Leader. In this newly created role, Beresheim will oversee both the Property & Casualty and Professional and Exec...

Posted: Apr 15, 2025

SiriusPoint and Ryan Specialty’s ISA to provide new casualty and excess solution

Reinsurance News

Bermuda-domiciled insurer and reinsurer SiriusPoint has strategically collaborated with New York-based human and social service managing general underwriter (MGU), Irwin Siegel Agency (ISA), part of the Ryan Specialty family, to launch a new casua...

Posted: Apr 15, 2025

Vantage appoints Natalie Yuen as West Region Distribution Leader

Reinsurance News

Vantage Group Holdings Ltd., a provider of insurance and reinsurance solutions, has announced the appointment of Natalie Yuen as Vice President, West Region Distribution Leader. In her new role, Yuen will lead the implementation of Vantage’s U.S....

Posted: Apr 15, 2025

Central European Foot-and-Mouth Disease Leads to Animal Culls and Border Closures

Insurance Journal

Authorities in several countries in Central Europe are working to contain an outbreak of foot-and-mouth disease among cattle populations that has caused widespread border closures and required the killing of thousands of animals. The outbreak was fir...

Posted: Apr 15, 2025

BHSI names new leaders to drive growth in E&P Lines

Reinsurance News

Berkshire Hathaway Specialty Insurance (BHSI) has announced the promotion of two US Executive & Professional (E&P) lines leaders. Based in Chicago, Shelley Norman has been appointed US E&P Lines Field Leader, and will be working with a...

Posted: Apr 15, 2025

Lemonade lines up homeowners launch in Texas

coverager

The company wrote $121 million in premiums in the state in 2024.

Posted: Apr 15, 2025

Agentic AI Agents: Transforming Desk and Field Adjuster Workflows in P&C Property Claims

coverager

Ten Things to Know About Agentic AI in P&C Claims: Why the Future of Claims Belongs to Adjusters with Digital Coworkers

Posted: Apr 15, 2025

Insight Risk partners with Great American Insurance Company

coverager

Insight Risk is a managing general agent focused on the builder’s risk market.

Posted: Apr 15, 2025