All Posts

People Moves: Allianz Commercial Expands US Construction With Hires; IMA Hires Lockton’s Wargo to L...

Insurance Journal

Allianz Commercial, headquartered in New York City, expanded its U.S. construction team with five new hires who will join Allianz Commercial’s Master Builder’s Risk team by mid-April. Kristen Hoskinson was appointed executive underwriter...

Posted: Apr 09, 2025

People Moves: Allianz Commercial Expands US Construction With Hires; IMA Hires Lockton’s Wargo to Le...

Insurance Journal

Allianz Commercial, headquartered in New York City, expanded its U.S. construction team with five new hires who will join Allianz Commercial’s Master Builder’s Risk team by mid-April. Kristen Hoskinson was appointed executive underwriter...

Posted: Apr 09, 2025

Justice Department Disbands Cryptocurrency Enforcement Team

Insurance Journal

The U.S. Justice Department is disbanding its National Cryptocurrency Enforcement Team and ordering prosecutors to narrow crypto investigations to focus on drug cartels and terrorist groups, according to a memo seen by Reuters. The memo from Deputy A...

Posted: Apr 09, 2025

Viewpoint: EEOC Documents on DEI Programs Increase Pressure on Employers

Insurance Journal

On March 19, 2025, the U.S. Department of Justice (DOJ) Office of Public Affairs issued a press release announcing two technical assistance documents jointly released by the U.S. Equal Employment Opportunity Commission (EEOC) and the DOJ. The stated...

Posted: Apr 09, 2025

Report Shows California Workers’ Comp Medical Review Denials Still Rarely Overturned

Insurance Journal

The rate of California workers’ compensation medical treatment request denials being overturned was up slightly last year, but they are still a relatively rare occurrence, a new report shows. Denials were overturned at a rate of 12.7%, an incre...

Posted: Apr 09, 2025

Singer Sues Metropolitan Opera Over Her Dismissal After Giving Birth

Insurance Journal

Mezzo-soprano Anita Rachvelishvili sued the Metropolitan Opera and her union, alleging the company unlawfully terminated her contracts because of a vocal issue that developed after she gave birth. She also accused the union of failing to pursue a gri...

Posted: Apr 09, 2025

Broker Insights launches major update to VISION platform

Reinsurance News

Broker Insights, a provider of insurance data analytics and market intelligence, has revealed a major update to its insurance decision intelligence platform, Broker Insights VISION. 2024 marked a milestone year for Broker Insights, with Gross Writ...

Posted: Apr 09, 2025

‘CJ’s Death Was Completely Avoidable,’ Say Parents Suing Bucknell Over Son’s Death

Insurance Journal

The parents of a freshman Bucknell University football player who died after his first day of football practice in 2024 have filed a wrongful death lawsuit against the school, its administrators, and athletic coaches who, they allege, could have prev...

Posted: Apr 09, 2025

People Moves: Reeder Joins Alliant Employee Benefits as Vice President

Insurance Journal

Danny Reeder joined Alliant Insurance Services as vice president within its employee benefits group. Based in Utah, Reeder has more than 13 years of leadership experience in executive consulting, account management and benefits strategy. Prior to All...

Posted: Apr 09, 2025

Public Companies: Facing More SEC Scrutiny Over the Disclosure of Cyber Incidents? Your Insurance Ca...

Risk & Insurance

QBE launches two new coverage enhancements in the face of regulatory enforcement of cyber incident reporting shortcomings. The post

Posted: Apr 08, 2025

Optalitix Partners with SortSpoke to Streamline Underwriting

IIR

The integration aims to accelerate risk assessment and quoting with AI-powered document processing.

Posted: Apr 08, 2025

Ushur Earns HITRUST r2 Recertification for Security Standards

IIR

The certification affirms Ushur’s adherence to rigorous data protection protocols.

Posted: Apr 08, 2025

PZU Develops AI Governance Framework with SAS Advisory

IIR

The insurer worked with SAS to align AI oversight with ethics and compliance, to protect customers, strengthen regulatory compliance, and position the insurer for responsible innovation.

Posted: Apr 08, 2025

EIS Earns MACH Alliance Certification for Cloud-Native Platform

IIR

The recognition affirms EIS OneSuite’s alignment with modern architecture standards.

Posted: Apr 08, 2025

‘Above-Average’ Atlantic Hurricane Season Predicted

IA Magazine

Colorado State University (CSU) hurricane researchers are predicting 17 named storms during the Atlantic hurricane season.

Posted: Apr 08, 2025

8 Strategies for Improving Client Retention

IA Magazine

Keeping an existing client is far more cost-effective than chasing down a new one. But with more competition and less opportunity for face-to-face contact with customers, how can you stay top of mind?

Posted: Apr 08, 2025

Boeing Settles Lawsuits With Two 737 MAX Crash Victims’ Families

Carrier Management

Boeing Settles Lawsuits With Two 737 MAX Crash Victims’ Families U.S. plane maker Boeing Co reached...

Posted: Apr 08, 2025

USDA Opens 59% of Federal Forest for Logging to Manage Wildfire Risk

Carrier Management

USDA Opens 59% of Federal Forest for Logging to Manage Wildfire Risk Agriculture Secretary Brooke Rollins plac...

Posted: Apr 08, 2025

Orion180 launches FLEX Home Insurance in Florida

coverager

In February, Orion180 launched the coverage in Texas.

Posted: Apr 08, 2025

Global Reinsurance Reaches Record Numbers in 2024: Gallagher Re

Risk & Insurance

Global reinsurance capital surged in 2024 and looks to grow by 6% in 2025, according to Gallagher Re's 2024 Reinsurance Market Report. The post

Posted: Apr 08, 2025

New Mexico Insurance Department Moving to Increase FAIR Plan Limits

Insurance Journal

New Mexico Superintendent of Insurance Alice Kane increased maximum residential property insurance limits for policies from $350,000 to $750,000 through the New Mexico Fair Access to Insurance Requirements Plan. The move was adopted by the NM FAIR Pl...

Posted: Apr 08, 2025

US Trade Rep Faces Bipartisan Questions on Scope and Duration of Tariffs

Insurance Journal

U.S. Trade Representative Jamieson Greer told U.S. senators on Tuesday that President Donald Trump’s administration has no plans to change tactics on the global tariff program in the near term, prompting some light push back from Republican law...

Posted: Apr 08, 2025

Gov. Moore Swears In Executive Team Including Insurance Commissioner Grant

Insurance Journal

Maryland Governor Wes Moore this week swore in eight new executive leaders, each confirmed by the Senate during the 2025 legislative session, to fill key positions across state government. Among them was Insurance Commissioner Marie Grant, who joined...

Posted: Apr 08, 2025

Sutton National & Bamboo complete reinsurance renewal with new sidecar & cat bond

Reinsurance News

Property and casualty insurer Sutton National and Bamboo Ide8 Insurance Services, LLC., part of White Mountains Insurance Group, Ltd., have announced the completion of Bamboo’s reinsurance programme, which includes a debut catastrophe bond a...

Posted: Apr 08, 2025

People Moves: NFP Names D’Agostino Senior Vice President

Insurance Journal

NFP, an Aon company headquartered in New York City, named Joseph D’Agostino as senior vice president, property and casualty. D’Agostino has nearly two decades of experience supporting hundreds of companies in navigating IPOs, acquisitions...

Posted: Apr 08, 2025

Maine’s United Insurance Acquires Barresi Financial

Insurance Journal

Portland, Maine-based United Insurance announced it has acquired Barresi Financial, a financial services and retirement advisory firm with offices in Bangor and Presque Isle. Barresi’s 10 associates will join United, according to Zack Frechette...

Posted: Apr 08, 2025

Singapore Customer Data Exposed After Ransomware Attack on Vendor of DBS, BoC

Insurance Journal

Some customer information from Singapore’s DBS Group and Bank of China’s branch in the country has potentially been compromised after a ransomware attack on their data vendor Toppan Next Tech (TNT). DBS said on Monday customer statements...

Posted: Apr 08, 2025

SageSure and Auros close upsized $150m cat bond

Reinsurance News

SageSure, a managing general underwriter (MGU) focused on catastrophe-exposed markets, and Auros Reciprocal Insurance Exchange, a policyholder-owned insurer, have closed their Gateway Re Series 2025-2 catastrophe bond, securing $150 million in cov...

Posted: Apr 08, 2025

Louisville, Other Parts of Kentucky Brace for More Flooding as Rivers Crest

Insurance Journal

The Ohio River is expected to crest Tuesday night at historically high levels, exacerbating flooding that has already swamped hundreds of homes, businesses and restaurants in Louisville and other parts of Kentucky. While heavy rains have moved on, ri...

Posted: Apr 08, 2025

Insurance Industry Contemplates Knock-On Effect of Tariffs to Claims, Consumers

Insurance Journal

Insurance industry analysts, economists, and trade associations have continued to look at the potential effect of President Trump’s tariffs. About a month after Trump looked to impose steep tariffs on China, Mexico, and Canada, the administrati...

Posted: Apr 08, 2025

S&P upgrades Global Atlantic’s ratings on strong capital

Reinsurance News

S&P Global Ratings has raised the financial strength and issuer credit ratings of Global Atlantic Financial Group’s (GAFG) operating insurance entities to ‘A’ from ‘A-‘, assigning a stable outlook. Concurrently, t...

Posted: Apr 08, 2025

UK Urged to Give Companies Incentives to Hire the Long-Term Sick

Insurance Journal

The UK government needs to consider more perks for businesses and employees if it’s serious about getting the long-term sick back into the country’s workforce, two think-tanks said. Chancellor of the Exchequer Rachel Reeves should give fi...

Posted: Apr 08, 2025

Triple figure growth for Wrisk

coverager

Insurtech Wrisk achieves third consecutive year of revenue growth, with triple figure increase in 2024

Posted: Apr 08, 2025

Making the Case for Investing in Your Distribution Channel Management

coverager

Every day that you bootstrap your producer licensing could be the day that a license lapses and costs you $20,000 in state fines.

Posted: Apr 08, 2025

Lockton partners with Axio

coverager

The integration will empower Lockton's cyber brokers with detailed and real-time analysis.

Posted: Apr 08, 2025

Resilience expands capacity with Accredited Insurance

coverager

The company is expanding its cyber risk solutions to serve large enterprise accounts with revenue greater than $10 billion.

Posted: Apr 08, 2025

Willis launches new professional indemnity solution

coverager

The exclusive ProXS solution includes competing panels from Lloyds and company markets.

Posted: Apr 08, 2025

Guardian and Janus Henderson announce partnership

coverager

In February, Orion180 launched the coverage in Texas.

Posted: Apr 08, 2025