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Verisk acquires Nasdaq’s NRMC platform to expand catastrophe risk modelling

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NRMC will become part of Verisk’s Extreme Event Solutions.

Posted: Apr 12, 2025

Amplify launches instant-issue IUL

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Amplify Life Insurance is backed by Munich Re.

Posted: Apr 12, 2025

Zurich partners with Ominimo

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The collaboration begins with a motor insurance launch in Poland via Zurich’s DA Direkt in Q2 2025.

Posted: Apr 12, 2025

MNK Group launches unified brand

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NRMC will become part of Verisk’s Extreme Event Solutions.

Posted: Apr 12, 2025

From Individual to Collective: Transforming Resilience Strategies for a Safer Future

Risk & Insurance

Increasingly severe weather demands a new risk management approach. The post From Individual to Collective: Transfor...

Posted: Apr 12, 2025

Revolutionizing Policy Management for MGAs and Wholesalers: How Expert Insured Drives Efficiency Acr...

Insurance Journal

This post is part of a series sponsored by Expert Insured. Managing policies within a multi-carrier distribution model can be a complex and resource-intensive task for MGAs and wholesalers. The need to oversee the entire policy lifecycle, combined wi...

Posted: Apr 11, 2025

California’s Bill to Hold Oil Companies Liable for Natural Disaster Damage Stalls

Carrier Management

California’s Bill to Hold Oil Companies Liable for Natural Disaster Damage Stalls California lawmakers...

Posted: Apr 11, 2025

Judge Rules Administration Violated Court Order by Pausing FEMA Grants

Carrier Management

Judge Rules Administration Violated Court Order by Pausing FEMA Grants A federal judge ruled on Friday th...

Posted: Apr 11, 2025

People Moves: Arch Insurance Taps Seip From LSM as Head of Fine Art & Specie, Europe; Berkshire Hath...

Insurance Journal

Arch Insurance Taps Seip From LSM as Head of Fine Art & Specie for Europe Arch Insurance announced the appointment of Paul Seip as head of Fine Art & Specie, European Markets, with immediate effect. Seip joins Arch Insurance (EU) …

Posted: Apr 11, 2025

NAMIC, Big ‘I’ Join Call to Do Away With Federal Insurance Office

Insurance Journal

The National Association of Mutual Insurance Companies and the Independent Insurance Agents & Brokers of America are the latest from the industry to join a call in support of a measure to abolish the Federal Insurance Office. The trade groups &#8...

Posted: Apr 11, 2025

Aon introduces profitable growth tool to help insurers achieve sustainable growth

Reinsurance News

Aon plc, a provider of professional services, has introduced the Profitable Growth Tool, a new benchmarking and advisory service aimed at assisting insurers in identifying and cultivating key traits that enhance their value to customers and shareh...

Posted: Apr 11, 2025

Hays County, Texas Sheriff’s Office Recovers $220K of ‘Cloned’ GMC Denalis

Insurance Journal

The Hays County, Texas Sheriff’s Office said it has recovered four stolen trucks with cloned vehicle identification numbers. The Hays County Sheriff’s Auto Theft Unit worked with the Hays County Tax Assessor’s Office and partnering...

Posted: Apr 11, 2025

Apex Star enters Florida insurance market

Reinsurance News

Florida insurers regulators have approved Apex Star Reciprocal Exchange as the 12th insurer to enter the state since legislative reforms were passed in the last two years to stabilise the market. Apex Star Reciprocal Exchange is a property and cas...

Posted: Apr 11, 2025

Trump’s Trade War Is Making US Farmers Anxious About Demand Risk

Insurance Journal

Josh Yoder, a fifth-generation farmer in Ohio, has been watching gyrations in the crop markets as Donald Trump moved to dramatically escalate his trade war with China this week. Yoder is still an ardent Trump supporter, but he’s also getting &#...

Posted: Apr 11, 2025

Morten Hübbe and George Quinn join Swiss Re’s Board

Reinsurance News

Swiss Re’s shareholders approved all motions put forward by the Board of Directors at its Annual General Meeting (AGM) 2025, including the election of Morten Hübbe and George Quinn as new Board members and the distribution of an ordinary div...

Posted: Apr 11, 2025

Ransomware Surges as Third-Party Risks Expand Cyber Threat Landscape

Risk & Insurance

Technology choices and security controls directly impact an organization's cybersecurity risks, At-Bay analysis shows. The post Ran...

Posted: Apr 11, 2025

Arizona Reported 15% Decrease in Vehicle Thefts in 2024

Insurance Journal

The Arizona Automobile Theft Authority reported that Arizona vehicle thefts decreased by 15% in 2024, marking a second straight year of decline. Data compiled by the AATA’s Auto Crime Tracking shows that Arizona had 17,010 vehicles reported sto...

Posted: Apr 11, 2025

AXA XL Announces Promotions on Americas Cyber Insurance Team

Risk & Insurance

The latest people news in the industry today. The post AXA XL Announces Promotions on Americas Cyber Insurance Team appeared first on

Posted: Apr 11, 2025

Marsh Appoints Lindsay Roos as CEO of Bowring Marsh Bermuda

Risk & Insurance

The latest people news in the industry today. The post Marsh Appoints Lindsay Roos as CEO of Bowring Marsh Bermuda appeared first on

Posted: Apr 11, 2025

Brown & Brown Charges Former VP With Poaching Clients, Breaching Agreements

Insurance Journal

Florida-headquartered Brown & Brown, one of the largest insurance brokerages in the country, this week filed a federal lawsuit against a former vice president, charging him with secretly setting up a competing business and poaching clients. The l...

Posted: Apr 11, 2025

Munich Re Specialty Appoints Vincent Baldo as Head of Health Care for Excess & Surplus Lines

Risk & Insurance

The latest people news in the industry today. The post Munich Re Specialty Appoints Vincent Baldo as Head of...

Posted: Apr 11, 2025

Flood insurance protection gap widening in central Appalachia: Neptune

Reinsurance News

Catastrophic flooding in early 2025 has highlighted the growing flood risk across Kentucky, Tennessee, and West Virginia, however, flood insurance participation is rapidly declining from an already low base, leaving the region financially exposed,...

Posted: Apr 11, 2025

Lawsuit Alleging Environmental Racism in Louisiana Parish Allowed to Proceed

Insurance Journal

A civil rights lawsuit alleging a south Louisiana parish engaged in racist land-use policies by placing polluting industries in majority-Black communities can move forward, a federal appellate court says. On Thursday, the 5th U.S. Circuit Court of Ap...

Posted: Apr 11, 2025

Cleanup Underway in Keystone Oil Pipeline Spill in North Dakota

Insurance Journal

Trucks and workers started cleaning up the Keystone oil pipeline spill in rural North Dakota, though its cause and the project timing is unclear. The pipeline ruptured Tuesday morning in southeastern North Dakota and was shut down within two minutes...

Posted: Apr 11, 2025

Amish Communities Quickly Repair Tornado Damage in Michigan and Indiana

Insurance Journal

No contractors, no repair estimates, no haggling with the insurance company: After a tornado struck an Amish community in Michigan, the work was underway even before the National Weather Service could assess the damage. Meteorologists make site visit...

Posted: Apr 11, 2025

Helix establishes new Professional Lines led by Matt Irvine as CUO

Reinsurance News

Bermuda-domiciled independent, multi-line managing general agent, Helix Underwriting Partners Ltd., has expanded its specialist offering by launching a new Professional Lines unit, led by Matt Irvine as Chief Underwriting Officer (CUO). Backed by...

Posted: Apr 11, 2025

UN Shipping Agency Strikes Deal on Fuel Emissions, Pollution Fees

Insurance Journal

Countries at the U.N. shipping agency struck a deal on Friday on a global fuel emissions standard for the maritime sector, which will impose an emissions fee on ships that breach it and reward vessels burning cleaner fuels. The U.S. …

Posted: Apr 11, 2025

Update: UN Shipping Agency Strikes Deal on Fuel Emissions, CO2 Fees

Insurance Journal

Countries at the U.N. shipping agency struck a deal on Friday on a global fuel emissions standard for the maritime sector, which will impose an emissions fee on ships that breach it and reward vessels burning cleaner fuels. The U.S. …

Posted: Apr 11, 2025

North American insurers poised to withstand current market volatility: S&P

Reinsurance News

North American insurers’ robust capital and liquidity buffers will allow them to withstand the current market volatility, including tariff-related downturns, without an immediate impact to ratings or outlooks, S&P Global Ratings highlighted in...

Posted: Apr 11, 2025

ISC acquires TravelInsurance.com

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ISC will leverage its capacity, resources, and technology to expand TravelInsurance.com’s footprint.

Posted: Apr 11, 2025

No Insurance Needed, Amish Quickly Repair Tornado Damage in Michigan and Indiana

Carrier Management

No Insurance Needed, Amish Quickly Repair Tornado Damage in Michigan and Indiana No contractors, no r...

Posted: Apr 11, 2025

Poor Background Music Choices Can Negatively Impact Work Performance

Carrier Management

Poor Background Music Choices Can Negatively Impact Work Performance A new study shows that when b...

Posted: Apr 11, 2025

Remote Access Tools, Supply Chain Key Drivers of Cyber Claims: Report

Carrier Management

Remote Access Tools, Supply Chain Key Drivers of Cyber Claims: Report Ransomware incidents continue t...

Posted: Apr 11, 2025

Roof Repair and Replacement Costs Up Nearly 30% Since 2022: Verisk

Carrier Management

Roof Repair and Replacement Costs Up Nearly 30% Since 2022: Verisk Roof repair and replacement cost...

Posted: Apr 11, 2025

Liberty Mutual CEO Sweeney Elected Chairman, Long Steps Away

Carrier Management

Liberty Mutual CEO Sweeney Elected Chairman, Long Steps Away Liberty Mutual's Timothy M. Sweeney, preside...

Posted: Apr 11, 2025

Rising Civil Unrest, Political Violence Remain Top 10 Risk for Global Businesses: Allianz

Carrier Management

Rising Civil Unrest, Political Violence Remain Top 10 Risk for Global Businesses...

Posted: Apr 11, 2025