All Posts

5 Things to Remember When Setting Up Social Media Accounts

IA Magazine

Setting up business accounts and maintaining a consistent presence on various platforms can significantly boost your online visibility and engagement.

Posted: Feb 04, 2025

Triple-I Launches its 2025 Campaign Raising Awareness for Legal System Abuse Reform in Georgia

Insurance Information Institute

Media Contact: Florida Press Office Mark Friedlander 904-806-7813 [email protected]   ATLANTA, Feb. 4, 2025 – The Insurance Information Institute (Triple-I) recently launched another comprehensive awareness campaign in Atlanta, raising awareness about th...

Posted: Feb 03, 2025

Nationwide Expands Smart Home Offerings with LeakBot

IA Magazine

The new product enables smart home technology to help customers add an extra layer of protection against water damages.

Posted: Feb 02, 2025

3 Tips for Agents to Increase Their Environmental Insurance Expertise

IA Magazine

Here are three tips for agents looking to navigate the environmental market and assist clients in meeting their sustainability goals.

Posted: Feb 02, 2025

4 Strategies for Agents to Enhance Customer Value in the Current Market

IA Magazine

How independent agents can add value through comprehensive consultation and risk mitigation.

Posted: Feb 02, 2025

Back Up Your Metadata

IIR

By recognizing metadata as a critical asset and incorporating it into backup plans, businesses can enable vendor portability, enhance system resilience, ensure continuity in the face of disruptions, and strategically iterate on their business practic...

Posted: Feb 02, 2025

Agency Nation Meets: Brenden Corr

IA Magazine

As the co-founder of Project 55, a nonprofit launched in January, Brenden Corr is committed to reshaping how mental health is addressed in workplaces.

Posted: Jan 31, 2025

Service Is King: GIC Underwriters Automates Broker Inquiries with Indemn AI

IIR

The tech-oriented commercial and personal lines broker saw the opportunity for Indemn’s AI-driven Broker Portal Assistant to bring its home-grown chat-based technology to a new level.

Posted: Jan 30, 2025

Building Demo: Coverage for Damage to Surrounding Buildings?

IA Magazine

An insured has hired a company to demolish an old building, on which they have liability coverage, that has a common wall with the property next door.

Posted: Jan 30, 2025

House Takes Action to Address Wildfires and Study Insurance Market

IA Magazine

As legislation to reduce wildfire risk moves through the U.S. House of Representatives, the Big “I” has created a Q&A to address questions about the California wildfires and their impact on the overall insurance market.

Posted: Jan 29, 2025

Legislation to Eliminate FIO Introduced in House

IA Magazine

The Big “I" endorsed the “Federal Insurance Office Elimination Act" introduced in the U.S. House of Representatives by Rep. Troy Downing (R-MT).

Posted: Jan 28, 2025

5 Cybersecurity Prevention Steps Businesses Can Take Now

IA Magazine

Cyber risks are the top concern for U.S. businesses, according to the “2024 Travelers Risk Index," with 1 in 4 businesses reporting that they have been victimized by a cyber event or data breach.

Posted: Jan 26, 2025

Concierge Cyber Launches Companion D&O Risk Management Product

IA Magazine

The new policies provides access to managed threat intelligence to protect against cyber, reputational and physical risks, helping organizations reduce their digital exposure.

Posted: Jan 26, 2025

Agency M&A Down 10% in 2024

IA Magazine

Insurance agency and brokerage mergers and acquisitions in 2024 were down 10% from the 833 reported in 2023, according to a report from OPTIS Partners.

Posted: Jan 26, 2025

Considering AI and Real-World Consequences

IIR

The need for guardrails and effective governance mechanisms has likely never been greater than it is now, lest insurance carriers land on the front page of the Wall Street Journal for all the wrong reasons.

Posted: Jan 26, 2025

Creating Products that Customers are Desperate for at Boston Mutual Life

IIR

Director of Innovation Natalie Neelan talks about coming up with viable, desirable and feasible ideas, and communicating their value internally.

Posted: Jan 23, 2025

LA Wildfires: A Tipping Point for the Insurance Industry?

IIR

This may well be the tipping point for a complete transformation of the property insurance market and the federal and state agencies who need to become part of the solution.

Posted: Jan 23, 2025

Consumers Want Phone Communication But Often Don’t Pick Up

IA Magazine

Consumers believe phone calls are important for communicating with businesses, but fear of fraud prevents many from answering calls, according to a TransUnion study.

Posted: Jan 21, 2025

More Reforms Needed to Stem Legal System Abuse in Louisiana Insurance Market; Households Pay Signifi...

Insurance Information Institute

For Immediate Release  New York Press Office: 917-208-8842, [email protected]    MALVERN, Pa., Jan. 22, 2025 – Legislative reforms made in 2024 are a positive first step toward repairing Louisiana’s insurance market, which has long suffered from exces...

Posted: Jan 21, 2025

Work From Home Must Be a Two-Way Street

IIR

Successful WFH requires being passionately dedicated to constant, open, honest, transparent, two-way sharing of information between employers, employees and customers/stakeholders.

Posted: Jan 19, 2025

Top 10 Business Risks in 2025

IA Magazine

While the top 10 business risks are increasingly complex and interdependent, ​cyber risks, business interruption and natural catastrophes are the risks that most concern businesses for the year ahead.

Posted: Jan 15, 2025

Triple-I-Milliman: P/C Insurance Market Profitability Improves in 2024; Expected to Continue in 2025...

Insurance Information Institute

For Immediate Release Triple-I: Loretta Worters, [email protected] Milliman: Jeremy Engdahl-Johnson, [email protected]     MALVERN, Pa., Jan. 16, 2025 – The U.S....

Posted: Jan 15, 2025

The LA Fires: Loss Control, Pricing Properly, and the California FAIR Plan

IIR

If anything good is to result from the personal and financial tragedy that is the 2025 Los Angeles fires, both the public and private sector should focus on better loss control, pricing properly, and putting the FAIR plan on a sound actuarial foundat...

Posted: Jan 13, 2025

5 Trends: How the Insurance Industry Can Navigate a Dynamic 2025 Marketplace

IIR

The continued growth of AI and its rapid adoption by businesses and customers alike present exciting opportunities for innovation and growth, even as our industry continues to navigate the challenges of inflation and difficult markets.

Posted: Jan 12, 2025

Ibexis introduces WealthDefender Series

coverager

Ibexis is a fixed annuities provider.

Posted: Jan 11, 2025

The Most Important 2025 Los Angeles Wildfire Stories; Latest Loss Estimates

Carrier Management

The Most Important 2025 Los Angeles Wildfire Stories; Latest Loss Estimates As firefighter...

Posted: Jan 11, 2025

Significant But ‘Manageable’ Insurance Losses Expected From LA Fires: S&P

Carrier Management

Significant But ‘Manageable’ Insurance Losses Expected From LA Fires:...

Posted: Jan 11, 2025

USAA announces Juan C. Andrade as President and CEO

coverager

Hallandale, FL – January 10th, 2025 London Underwriters (LU), a leader in the wholesale insurance industry, is thrilled to announce its partnership with Draftrs Insurance, a cutting-edge InsurTech company dedicated...

Posted: Jan 10, 2025

London Underwriters (LU) Announces Partnership with Draftrs Insurance

coverager

Hallandale, FL – January 10th, 2025 London Underwriters (LU), a leader in the wholesale insurance industry, is thrilled to announce its partnership with Draftrs Insurance, a cutting-edge InsurTech company dedicated...

Posted: Jan 10, 2025

Greater Than and Smart Eye partner to advance driver safety

coverager

The project will use Smart Eye's AIS system to detect fatigue and distraction.

Posted: Jan 10, 2025

GuideOne appoints Wei Huang to board of directors

coverager

GuideOne is a mutual insurer offering property, casualty, and risk management solutions to religious, nonprofit, human services, and small business markets.

Posted: Jan 10, 2025

Leadership changes at Fairfax Insurance and Odyssey

coverager

Fairfax is primarily engaged in property and casualty insurance and reinsurance and the associated investment management.

Posted: Jan 10, 2025

Heffernan acquires Green Financial

coverager

The team joins Heffernan Insurance' small business division - HeffDirect.

Posted: Jan 10, 2025

IAG secures 2025 reinsurance program

coverager

IAG will release its financial results for the six months ending December 31, 2024, on February 13, 2025.

Posted: Jan 10, 2025

Envelop Risk hits $1 billion gross written premiums

coverager

The company now supports 30 partners underwriting cyber risks in multiple regions.

Posted: Jan 10, 2025

Checkbook acquires Sureti

coverager

Sureti is no stranger to Checkbook, having utilized its digital endorsement technology to simplify multi-party payments.

Posted: Jan 10, 2025

CRC welcomes Cristina Varner

coverager

Cristina Varner was appointed Executive Vice President, Life Sciences and Healthcare Broker.

Posted: Jan 10, 2025

Direct Line Group launches program to boost vehicle repair standards

coverager

Direct Line Group is UK's largest retail general insurer, owning brands such as Direct Line, Churchill and Green Flag.

Posted: Jan 10, 2025

Mercury Insurance returns to Paradise, offering home coverage

coverager

In 2024, Mercury also stepped in to provide coverage for thousands of Californians after Tokio Marine America exited the personal lines market.

Posted: Jan 10, 2025

Mercury reports damage from Southern California wildfires

coverager

The wind-driven wildfires have caused substantial damage, with losses expected to exceed Mercury’s $150 million reinsurance retention.

Posted: Jan 10, 2025

Cytora partners with Moody’s RMS

coverager

The integration will enable P&C underwriters to gain insights into climate and natural disaster risk.

Posted: Jan 10, 2025

Transcarent to acquire Accolade

coverager

Transcarent will acquire Accolade for $7.03 per share in cash, which represents a total equity value of approximately $621M.

Posted: Jan 10, 2025

Acera Insurance expands into Saskatchewan

coverager

BMA Group, established in 2012, specializes in designing competitive plans for local businesses and will transition into Acera Benefits.

Posted: Jan 10, 2025

Hub International expands in New Mexico

coverager

Terms of the transaction were not disclosed.

Posted: Jan 10, 2025

Helvetia unveils 10-year strategy focused on retail, specialty lines, and operational efficiency

coverager

Both executives bring decades of experience in financial management, strategy, and leadership across major organizations.

Posted: Jan 10, 2025

U.S. Opens Probe of 2.6M Million Teslas Over Remote Driving Feature

Carrier Management

U.S. Opens Probe of 2.6M Million Teslas Over Remote Driving Feature The National Highway Traffic Safety...

Posted: Jan 10, 2025

Study Finds Large Floods Linked to Higher Death Rates From Multiple Causes

Carrier Management

Study Finds Large Floods Linked to Higher Death Rates From Multiple Causes Over the last 20 years, l...

Posted: Jan 10, 2025

Reinsurers in Growth Mode Brought Capacity, Flexibility to 1/1/ Renewals

Carrier Management

Reinsurers in Growth Mode Brought Capacity, Flexibility to 1/1/ Renewals Reinsurance buyers generally found a...

Posted: Jan 10, 2025