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Brown& Brown, an insurance brokerage and risk management firm, has completed its previously announced acquisition of RSC Topco, Inc., the holding company for Accession Risk Management Group, Inc. The deal, first announced in June 2025, was fin...
Posted: Aug 04, 2025
GEICO was the only one of Berkshire Hathaway’s major property/casualty reporting divisions to post higher underwriting profit in the second quarter of 2025. But a 2% rise in underwriting profit for the personal auto insurance operation was not...
Posted: Aug 04, 2025
High Noon announced a recall of vodka seltzer drinks that it says were mislabeled as Celsius energy drinks, according to a posting on the U.S. Food and Drug Administration’s website. “Consumption of the liquid in these cans will result in...
Posted: Aug 04, 2025
Chicago-domiciled insurer CNA Financial Corporation reported net income of $299 million for the second quarter of 2025, down from $317 million in the same period last year. Core income in Q2’25 rose to $335 million, up from $326 million in Q2’24....
Posted: Aug 04, 2025
Atrium, a specialty insurance group at Lloyd’s, has entered the weather and climate insurance market with the appointment of weather insurance veteran Dr Ed Byrns as of Weather & Climate. Led by Byrns, the Weather and Climate Insurance team wi...
Posted: Aug 04, 2025
Aspen Insurance Holdings Limited has announced the appointment of Ryan Cushway as Head of International and UK Casualty Insurance, a newly established position effective August 1, 2025. Cushway, who joined Aspen in 2017, has held several senior un...
Posted: Aug 04, 2025
Aon has called for a coordinated, whole-of-government approach to regulating artificial intelligence amid a rapidly evolving risk landscape, urging the establishment of a national policy framework to ensure insurability and effective risk manageme...
Posted: Aug 04, 2025
Everest Insurance International, a division of Bermuda-based insurer and reinsurer Everest Group, Ltd., has appointed James McPartland as Head of Property, Asia. McPartland brings over 15 years of industry experience to the role. He joined Everest...
Posted: Aug 04, 2025
A small earthquake rattled the New York metropolitan area Saturday night. The U.S. Geological Survey said the tremor had a magnitude of 3.0. It hit in the New Jersey suburb of Hasbrouck Heights, less than 8 miles (13 kilometers) west …
Posted: Aug 04, 2025
Bermuda-based carrier SiriusPoint has reported a rise in core underwriting income to $67.6 million for the second quarter of 2025, compared with $36.9 million a year earlier, as catastrophe losses decreased and favorable prior year loss reserve de...
Posted: Aug 04, 2025
The European Court of Justice on Friday dealt a blow to environmental groups trying to stop wind farms from being built in Spain’s northwestern Galicia region, in a ruling affecting billions of euros of investment. Companies developing wind far...
Posted: Aug 04, 2025
Saudi Reinsurance Company (Saudi Re) has reported a net profit after zakat attributable to shareholders of SAR 52.6 million for the second quarter of 2025, representing a 20.9% increase compared to the same quarter a year earlier. The company attr...
Posted: Aug 04, 2025
South Africa is studying whether some of its largest cities should take out flood insurance after a series of disasters in recent years led to bailouts from the government. The insurance being considered is parametric, a type of cover that …
Posted: Aug 04, 2025
Jeffrey Jones has joined Mercury Insurance, a property and casualty insurer, as Vice President & Chief Reinsurance Officer, a newly created role, following a 30-year tenure as a reinsurance broker at Aon. The executive’s arrival comes at a tim...
Posted: Aug 04, 2025
The UK’s Financial Conduct Authority will consult on a redress scheme to guide firms on how they should compensate motor finance customers that were missold car loans, which it estimates could leave such lenders on the hook for at least …
Posted: Aug 04, 2025
This post is part of a series sponsored by Expert Insured. Your underwriters want to quote-fast. But instead, they’re sifting through messy emails, chasing missing info, and trying to clean up broker submissions just to get started. That bottle...
Posted: Aug 04, 2025
AI12 Ltd., a global specialist insurance and reinsurance brokerage, has received authorisation from the Dubai Financial Services Authority (DFSA) and is now officially established as a regulated entity within the Dubai International Financial Cent...
Posted: Aug 04, 2025
QBE, an insurer with operations in over 25 countries, has announced the appointment of Paul Peerdeman to lead the launch of its marine insurance portfolio in the Netherlands. The move is part of QBE’s strategy to strengthen its presence in key Eur...
Posted: Aug 04, 2025
In a recent study, MAPFRE explores the future role of insurance in a world shaped by artificial intelligence (AI) by 2023 provisioning four plausible future scenarios to understand how these technology advances could affect people’s daily interact...
Posted: Aug 04, 2025
Aon, a global insurance and reinsurance broker, has appointed Sushant Sarin as Head of Strategy and Commercial Risk Solutions for India, effective immediately, based in Mumbai. Sarin reports to Rishi Mehra, Chief Executive Officer, Aon India, and...
Posted: Aug 04, 2025
The Natural Disaster Fund (NDF), managed by the Global Parametrics team (a CelsiusPro Group company), has expanded access to parametric hurricane protection by increasing its risk capacity allocation to Corp-EFF Insurance Company Limited. NDF has...
Posted: Aug 04, 2025
AAA – The Auto Club Group (ACG), headquartered in Dearborn, Michigan, added three senior leaders. Vincent Fusco joined ACG as executive vice president, chief distribution officer. Fusco will oversee insurance and direct sales, including those of Mich...
Posted: Aug 04, 2025
Concert Group Holdings, Inc., a specialised insurance holding company known for providing tailored solutions to programme insurance markets, has introduced a new executive leadership structure aimed at steering the company through its next phase o...
Posted: Aug 04, 2025
A consortium including Allianz, BlackRock, Generali Financial Holdings, Hannover Re and T&D Holdings, have completed the acquisition of Viridium Group, a European life insurance consolidation platform, from Cinven. The transaction was initiall...
Posted: Aug 04, 2025
Jury Decides Tesla Partly Responsible in Autopilot Crash Case; Must Pay $24...
Posted: Aug 04, 2025
Berkshire Insurance Units Report Lower Q2 Operating Income Overall GEIC...
Posted: Aug 04, 2025
PartnerRe, a reinsurer providing capital and risk solutions, has appointed Matthew Doherty as Head of Underwriting Insurance Programs, effective August 1, 2025. In this role, Doherty will oversee underwriting activities related to insurance progra...
Posted: Aug 04, 2025
The head of the U.S. securities regulator unveiled sweeping plans to overhaul capital markets regulations on Thursday to accommodate cryptocurrencies and blockchain-based trading, in a major win for the digital asset industry, which has long pushed f...
Posted: Aug 04, 2025
Tesla Inc. was told to pay $243 million in a lawsuit over a 2019 Autopilot crash in Florida that killed a young woman and seriously injured her boyfriend, the first significant court loss for the automaker in litigation related to …
Posted: Aug 04, 2025
A Spanish developer is planning an $880 million workforce housing project in Miami that would include more than 4,000 apartments, childcare, and even a test kitchen — an ambitious bid to offer below-market housing in a city known for ultra-luxury ...
Posted: Aug 04, 2025
SHREWSBURY, Pa. (AP) — A truckload of hot dogs spilled across a Pennsylvania interstate Friday after a crash that briefly clogged the heavily traveled artery in both directions. Crews were stuck with a job they did not relish — rolling …
Posted: Aug 04, 2025
Marsh McLennan Agency acquired Olympic Insurance Agency in a Simi Valley, California. All Olympic employees, including principals Don and Bob Barberie, will remain working out of their existing Simi Valley office. Olympic primarily provides business...
Posted: Aug 04, 2025
McGowan Companies, a provider of specialised insurance programmes, has acquired the assets associated with the Aegis Professional Risk division from Aegis General Insurance Agency, Inc. This transaction was completed through an asset purchase agre...
Posted: Aug 04, 2025
A federal judge in Texas largely denied a request by the world’s largest asset managers to dismiss a lawsuit brought by Republican state attorneys general claiming they colluded to reduce coal output, in a case that threatens how the U.S. ̷...
Posted: Aug 04, 2025
Wang previously held senior roles at Google, Bloomberg, Baidu, and Ant Group.
Posted: Aug 04, 2025
Pinnacol was founded in 1915 as the State Compensation Insurance Fund.
Posted: Aug 04, 2025
More than 22,100 suspects were arrested, nearly 17,100 cases were referred for prosecution and roughly $150 million in stolen property was recovered in two years though state-funded work with law enforcement agencies, according to the California gove...
Posted: Aug 04, 2025
More than 22,100 suspects were arrested, nearly 17,100 cases were referred for prosecution and roughly $150 million in stolen property was recovered in two years though state-funded work with law enforcement agencies, according to the California gove...
Posted: Aug 04, 2025
In this fictional scenario, a fast-growing beverage company’s dream acquisition turns into a nightmare when a cyber attack cripples its operations and exposes the devastating consequences of an untested business continuity plan. The post
Posted: Aug 03, 2025
Managing Vendor Risks in Cyber Insurance Cyber
Posted: Aug 03, 2025
Hydrogen: Opportunities, Uses, Risks in the Energy Transition Emerging Technologies
Posted: Aug 03, 2025
The pilots of a U.S. Army helicopter that collided with a passenger jet over Washington in January would’ve had difficulty spotting the plane while wearing night vision goggles, experts told the National Transportation Safety Board on Friday. T...
Posted: Aug 03, 2025
By Ezra Amacher Under a new state law, Louisiana insurers will be required to give mandatory disclosure of prior policy premium when issuing a renewal policy to a policyholder. Louisiana Insurance Commissioner Tim Temple sent an advisory letter to in...
Posted: Aug 03, 2025
In today’s competitive market, independent insurance agencies are under increasing pressure to grow. Organic growth is harder to achieve, client expectations are evolving, and technology is reshaping how agencies operate. The agencies that succ...
Posted: Aug 03, 2025
This year marks the 21st annual publication of Insurance Journal’s Top 100 Independent Agencies special report. Nearly all of the firms in the Top 100 saw notable increases in total property/casualty revenue year-over-year. From 2023 to 2024 th...
Posted: Aug 03, 2025
This hard market is the longest and hardest in generations. Historically, hard markets occurred every seven years or so and lasted two to three years. Agents that sold price and represented carriers who sold price worked hard during the soft …
Posted: Aug 03, 2025
For many young professionals, the insurance industry isn’t exactly top of mind when plotting a career path. But for 23-year-old twins Sam and Noah Zickefoose, it’s where they’ve found purpose, opportunity, and a surprising sense of...
Posted: Aug 03, 2025
In urban centers across the U.S., property owners and managers are welcoming a return to pre-2020 levels of foot traffic in retail corridors, mixed-use developments, and multifamily buildings. While this rebound signals a healthy recovery for local e...
Posted: Aug 03, 2025
By Ezra Amacher Mark Gilmartin grew up around golf, playing in national tournaments from a young age and competing in college. When his amateur golf career didn’t translate into a spot on the professional tour, he turned his love of …
Posted: Aug 03, 2025
As a commercial lines insurance producer in a very competitive industry, I looked for every advantage I could uncover to build my book of business. Like most successful agents, I tried a multitude of different ideas and strategies as I …
Posted: Aug 03, 2025