All Posts

Judge Nixes Gender Bias Claim by Woman Denied Job as Top Pastor of Black Church

Insurance Journal

A federal judge has dismissed a gender discrimination lawsuit filed by a professor and minister who lost her bid to become the first woman to serve as senior pastor of New York City’s prominent Abyssinian Baptist Church. The Rev. Eboni …

Posted: Apr 08, 2025

Salama appoints Mohamed Ali Bouabane as Group CEO

Reinsurance News

Regional insurer Salama Islamic Arab Insurance Company (Salama) has appointed Mohamed Ali Bouabane as its new Group Chief Executive Officer (CEO), effective immediately. Salama is one of the longest-established Sharia-compliant Takaful solutions p...

Posted: Apr 08, 2025

New Jersey Law Targets ‘Near Crime Wave’ of Retail Theft

Insurance Journal

New Jersey Governor Phil Murphy has signed a bill into law setting stricter penalties for retail theft and calling for a dedicated effort to combat organized retail theft. The new law establishes and upgrades certain crimes related to retail theft, &...

Posted: Apr 08, 2025

Inside LA County’s $4B Agreement to Settle Sex Abuse Claims at Juvenile Facilities

Insurance Journal

Los Angeles County has reached a $4 billion agreement to settle nearly 7,000 claims of sexual abuse in juvenile facilities since 1959, officials said. The agreement, which still needs approval from the Los Angeles County Board of Supervisors, far sur...

Posted: Apr 08, 2025

Winning Brokers and Agents: How Expert Insured Empowers Wholesalers and MGAs

Insurance Journal

This post is part of a series sponsored by Expert Insured. Returning from WSIA in Phoenix, one message was clear: wholesalers and MGAs are more focused than ever on delivering exceptional experiences to their broker/agents. In today’s market, b...

Posted: Apr 07, 2025

Fraud Coalition Opposes Texas Bill Mandating Auto Insurance Payout When Insured is Unresponsive

Carrier Management

Fraud Coalition Opposes Texas Bill Mandating Auto Insurance Payout When Insured is Unresponsive New...

Posted: Apr 07, 2025

No Comment: Berkshire’s Buffett Not Opining on Tariffs, Economy Yet

Carrier Management

No Comment: Berkshire’s Buffett Not Opining on Tariffs, Economy Yet As the stock m...

Posted: Apr 07, 2025

Optimalex Forms Partnership With Sunlight Simplify

IIR

The agreement aims to expand analytics and automation for Medical Professional Liability insurers.

Posted: Apr 07, 2025

Sapiens Adds Multi-Company Features to StatementPro

IIR

The update simplifies NAIC reporting and reduces administrative workload.

Posted: Apr 07, 2025

Insight Risk Launches Alert Response Credit for Builder’s Risk

IIR

The new feature offers up to a 50 percent reduction in water damage deductibles for Builder’s Risk policyholders.

Posted: Apr 07, 2025

Guardian and Janus Henderson Announce Strategic Partnership

IIR

As part of the agreement, Janus Henderson will manage Guardian’s $45 billion fixed income portfolio.

Posted: Apr 07, 2025

Network Matters: Helping CIOs Navigate Insurance IT’s Next Era

IIR

Building strong internal networks supports career growth within an organization, while external networks provide perspective, flexibility, and long-term protection.

Posted: Apr 07, 2025

Appeals Court Blocks Trump From Removing Democrats From Labor Boards

Insurance Journal

A federal appeals court blocked U.S. President Donald Trump from removing Democratic members from two federal labor boards on Monday, setting aside its earlier ruling. The decision by the U.S. Court of Appeals for the District of Columbia Circuit fur...

Posted: Apr 07, 2025

How to Understand Trump's Tariffs

Insurance Thought Leadership

How to Understand Trump's Tariffs PaulCarroll Mon, 04/07/2025 - 18:25 Pity the poor underwrite...

Posted: Apr 07, 2025

On-Demand Drivers Need Better Insurance

Insurance Thought Leadership

On-Demand Drivers Need Better Insurance Auto Insurance

Posted: Apr 07, 2025

Acrisure hires chief technology officer and chief administrative officer

coverager

Both Wassersug and Pelsinger will report to Greg Williams, Co-Founder, Chairman, and CEO of Acrisure.

Posted: Apr 07, 2025

Genworth names Morris Taylor Chief Information Officer

coverager

Taylor joins Genworth most recently from Markel.

Posted: Apr 07, 2025

USAA launches fuel discount program

coverager

The CarAdvise Fuel Program card is powered by Corpay.

Posted: Apr 07, 2025

MS&AD offloads stake in Challenger

coverager

Challenger's business includes annuities and fund management. 

Posted: Apr 07, 2025

Minnesota Lawmakers Propose Auto Insurance Program for Low-Income Residents

Insurance Journal

Minnesota lawmakers have introduced a bill that would establish a low-cost auto insurance program for low-income residents. HF 2215 would establish the Minnesota Lifeline Insurance Program, a state-sponsored, alternative auto insurance option for mot...

Posted: Apr 07, 2025

From Setback to Comeback: Effective Solutions for Delayed Recovery

Risk & Insurance

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

AccuWeather: Severe Storms in Central US Cause $80-90B in Damages, Economic Loss

Insurance Journal

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

Regulatory landscape & reinsurance costs a challenge post LA wildfires: Morningstar DBRS

Reinsurance News

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 Work Safety

Carrier Management

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

Carrier Management

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 Roundup Cases

Carrier Management

Bayer Renews Bid for US High Court to Curb...

Posted: Apr 07, 2025

Trump’s Tariff ‘Medicine’ Engulfs Markets, US Stocks in Spin After Talk of Pause

Insurance Journal

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 &#8...

Posted: Apr 07, 2025

Business Moves: Dutch Broker HW International Completes MBO; Jewelers Mutual Buys Australia’s Q Repo...

Insurance Journal

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

CyberCube tools to boost Maury Donnelly & Parr sales enablement process

Reinsurance News

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

Commercial Insurance Rates Rise 3% on Average in Q1 2025

Risk & Insurance

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 to Offer 10% Discount on Travelers Property Coverage

Insurance Journal

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 to Pay Up to $335 Million to Resolve Opioid-Related Claims

Insurance Journal

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&#8217...

Posted: Apr 07, 2025

Brit Re becomes one of ABIR’s latest members

Reinsurance News

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

Florida OIR Faults DFS in Move to Combine Regulatory Functions. DFS Pushes Back

Insurance Journal

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 Names Willis as Official Cyber Broker as Part of Partnership

Insurance Journal

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

Suit Over NC eCourts Management System Can Continue, Judge Says

Insurance Journal

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 meets pre-closing conditions for $420m sale to Oaktree

Reinsurance News

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

Tennessee Safety Agency Says Plastics Workers Were Given Time to Evacuate

Insurance Journal

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 receives $727K ARC Replica insurance payout for drought relief in Somalia

Reinsurance News

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