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Sensors collecting hyper-localized data on dozens of environmental factors are helping to build a better understanding of exposure to extreme weather events, and giving insureds more opportunities to predict and prevent losses. The post
Posted: Apr 04, 2025
Canada Life, an insurance and financial services company, has announced the appointment of Shreyas Sridhar as Managing Director of Bulk Purchase Annuities (BPA), effective from 7 April 2025 and subject to regulatory approval. Additionally, Sridhar...
Posted: Apr 04, 2025
French reinsurance company SCOR said on Friday it has been placed under examination by a Paris court for facts alleged against its former chairman, Denis Kessler, in relation to Covéa Group’s acquisition of PartnerRe in 2022. SCOR said it firml...
Posted: Apr 04, 2025
Legacy acquirer DARAG Group has announced that its German insurance carrier, DARAG Deutschland AG, has entered into a portfolio transfer agreement (PTA) with Protector Forsikring ASA for its entire Danish workers’ compensation portfolio, enabling...
Posted: Apr 04, 2025
AXA XL, the property and casualty (P&C) and specialty risk division of global insurer AXA, has appointed Lindsay Hermann as the Head of Property for its Central Zone, based in Chicago. In the new role, Hermann reports to Michele Sansone, AXA X...
Posted: Apr 04, 2025
Global insurance and reinsurance broker Aon has launched its Severe Convective Storm (SCS) Five-Step Framework, a structured approach designed to help insurers mitigate weather volatility across their portfolios. Since 2015, annual US SCS insured...
Posted: Apr 04, 2025
Texas, the nation’s top trading state, is facing a weakening economic outlook as the Trump administration’s sweeping trade and immigration policies fuel worries among businesses about higher costs, reduced demand and labor shortages, acco...
Posted: Apr 04, 2025
AmRisc, a subsidiary of CRC Group, has successfully renewed Trouvaille Re Ltd., its insurance sidecar, to provide continued collateralized reinsurance capacity for its coastal commercial E&S property insurance portfolio for another underwritin...
Posted: Apr 04, 2025
Posted: Apr 04, 2025
French reinsurance company SCOR has been placed under examination for facts alleged against Denis Kessler, its former Chairman and CEO, related to alleged attempts by an association to obstruct the takeover of Bermuda-based reinsurer PartnerRe by...
Posted: Apr 04, 2025
Microsoft Corp. has pulled back on data center projects around the world, suggesting the company is taking a harder look at its plans to build the server farms powering artificial intelligence and the cloud. The software company has recently halted &...
Posted: Apr 04, 2025
Qatar Insurance Group’s UK and Bermuda-domiciled insurance subsidiary, Antares Group, recorded 54% year-on-year growth in gross written premiums (GWP) for 2024 in its core ongoing business to $1.1 billion, boosted by the addition of a sizeable rei...
Posted: Apr 04, 2025
Insurance and reinsurance broker BMS Group has announced the appointment of Manoela Barbi Kukli as the new Head of Facultative Reinsurance for its Brazilian office, effective April 1st, reporting directly to Jose Leão, CEO of BMS Brazil. Kukli, wh...
Posted: Apr 04, 2025
A report published this week by a Washington, D.C.-based think tank ranks Louisiana as the worst state for social mobility, and links the state’s lawsuit abuse climate as a factor for why many residents never get ahead. Archbridge Institute pub...
Posted: Apr 04, 2025
Reinsurance supply and demand in Greater China are well-balanced at the start of 2025, with reinsurance conditions at the April 1 renewals building on the favourable trends seen at 1.1, according to global insurance and reinsurance broker Aon. In...
Posted: Apr 04, 2025
A U.S. judge said several companies including Walmart, Beech-Nut and Gerber must face a nationwide lawsuit claiming that toxic heavy metals contaminated their baby food, causing brain and neurodevelopmental damage to children who ate it. In a decisio...
Posted: Apr 04, 2025
SecurityScorecard has entered a strategic partnership with Willis, a WTW business, to enhance cyber risk quantification, improve insurance modelling, and strengthen security strategies for organisations globally. As part of the partnership, Securi...
Posted: Apr 04, 2025
Key Insurance, a Kansas-based insurer specializing in non-standard auto, was placed into liquidation this week after a court ruled the company insolvent. The Shawnee County District Court ordered the liquidation of Key on March 31 after reviewing sig...
Posted: Apr 04, 2025
The Supreme Court on Wednesday sided with a truck driver who wants to sue for triple damages over a CBD hemp product he says was falsely advertised as being free from marijuana’s active ingredient and resulted in him getting fired. …
Posted: Apr 04, 2025
Risk digitization was cited as the primary technology priority for revenue growth in a recent study from insurtech Cytora. Cytora surveyed 200 senior leaders from global insurance firms and found that 76% of respondents saw risk digitization (encompa...
Posted: Apr 04, 2025
A Florida House of Representatives panel went straight to the source of a consultant’s report that has caused widespread concern among lawmakers about insurance company profit-shifting. But the hour-long, web interview with Arizona-based consul...
Posted: Apr 04, 2025
A Florida House of Representatives panel went straight to the source of a consultant’s report that has caused widespread concern among lawmakers about insurance company profit-shifting. But the hour-long, web interview with Arizona-based consul...
Posted: Apr 04, 2025
The South Carolina Department of Insurance named Andy Noga, formerly CEO and general counsel of GuideOne Insurance Group, as director of captives, underscoring the state’s commitment to fostering captive insurance companies, the DOI said Wednes...
Posted: Apr 04, 2025
Sherlyn Kok has joined Sompo Asia Pacific (APAC) as Vice President, Head of Compliance, a role based in Singapore. Reporting to Todd Corey, Executive Vice President, General Counsel, Asia Pacific, Kok will lead the regional and local-market compli...
Posted: Apr 04, 2025
Justin Bayern joined Alliant Insurance Services as senior vice president within its Alliant Americas division. Based in Denver, Colorado, Bayern has more than 20 years of experience in finance and insurance. Before joining Alliant, Bayern was most re...
Posted: Apr 04, 2025
A bill that would have given Washington’s insurance commissioner the power to order restitution to harmed policyholders failed to pass out of a House committee this week. Substitute Senate Bill 5331 failed to pass out of the House Consumer Prot...
Posted: Apr 04, 2025
A Los Angeles, California, couple was sentenced after an investigation reportedly found they underreported more than $21 million in employee payroll for their delivery companies. John Nemandoust, 70, was sentenced to 60 days in county jail, and Annet...
Posted: Apr 04, 2025
Katie Scheuer has been promoted to the newly created position of Division Revenue Leader for the Great Lakes Region at World Insurance Associates. She was formerly the Division Growth Leader for the Great Lakes and West Regions, and continues to R...
Posted: Apr 03, 2025
Trump’s Auto Tariffs to Cover Hundreds of Billions of Dollars of Veh...
Posted: Apr 03, 2025
IRC Finds Personal Auto Insurance Affordability Better Than in the 2000s According to a new repor...
Posted: Apr 03, 2025
The InsurTech Entrepreneur and Growth Expert joins Friendly to lead revenue strategy and broaden the use of AI in life insurance.
Posted: Apr 03, 2025
The companies say their program improves coverage access, simplifies certification, and ties security practices to underwriting decisions.
Posted: Apr 03, 2025
The partnership supports automation of direct bill reconciliation for agencies.
Posted: Apr 03, 2025
Inspired by a personal crisis, Horvath launched a pet benefits company that combines digital convenience, preventive care, and B2B2C distribution to reimagine the pet insurance experience.
Posted: Apr 03, 2025
15% of W.R. Berkley Shares Being Acquired by Mitsui Sumitomo Insurance...
Posted: Apr 03, 2025
Insurance Business Magazine - US
Posted: Apr 03, 2025
AXA Travel Eye is a travel risk management platform.
Posted: Apr 03, 2025
The startup helps employers offer ICHRA to employees.
Posted: Apr 03, 2025
Strategic Priorities 2025: A Modern Era of Insurance Comes First From Our Partners sradomski T...
Posted: Apr 03, 2025
Tiffany Diamonds Worth $770K Recovered 2 Weeks After Suspect Swallowed Them Detectives have recovered f...
Posted: Apr 03, 2025
Posted: Apr 03, 2025
Posted: Apr 03, 2025