All Posts

AXA XL premiums up 6% in H1’25 to €34bn

Reinsurance News

French insurer AXA recorded a rise in underlying earnings of 5% to €4.5 billion and 7% growth in gross written premium (GWP) and other revenues to €64.3 billion in the first half of 2025, driven by growth at AXA XL, the firm’s property and c...

Posted: Aug 01, 2025

Indianapolis Man Sentenced to 8 Years for Setting Fire to Bus and Station

Insurance Journal

An Indianapolis man has been sentenced to eight years in federal prison after pleading guilty to setting fire to an IndyGo bus and bus station, causing approximately $1.8 million in damage. Demarcus McCloud, 46, was sentenced to eight years in &#8230...

Posted: Aug 01, 2025

Oklahoma Man Charged with Damaging TV Station’s Weather Radar

Insurance Journal

An Oklahoma man is facing charges for damaging the weather radar equipment of a local TV station, the office of Attorney General Gentner Drummond announced. Anthony Tyler Mitchell, 39, allegedly vandalized the power supply of News 9’s NextGen l...

Posted: Aug 01, 2025

London Market Group reports stronger confidence in UK financial regulators

Reinsurance News

The London Market Group (LMG), a collective body representing the specialist commercial re/insurance market in London, has published the results of its second Regulatory Sentiment Indices. The data shows a clear improvement in how firms view the p...

Posted: Aug 01, 2025

CelsiusPro appoints Allianz’s Isa Ennadifi as Group CUO

Reinsurance News

Parametric insurtech CelsiusPro has appointed Isa Ennadifi, formerly of global insurers Allianz and AXA and reinsurer SCOR, as its new Group Chief Underwriting Officer (CUO). Ennadifi has over 15 years of industry experience, having held senior ro...

Posted: Aug 01, 2025

People Moves: CFC Appoints Laudadio US Healthcare Practice Leader

Insurance Journal

CFC, a specialist insurance provider headquartered in London, appointed Kyle Laudadio as healthcare practice leader in the U.S. Laudadio will lead the expansion of strategic broker relationships onshore in the U.S. Laudadio has over 15 years of indus...

Posted: Aug 01, 2025

Avatar MGA launches with Lloyd’s coverholder and FCA approval

Reinsurance News

Managing general agent (MGA), Avatar MGA Ltd (Avatar), has received Lloyd’s coverholder and Financial Conduct Authority (FCA) approval, and is set to commence binding business from August 1st, 2025. The new MGA is backed by three market-leading sy...

Posted: Aug 01, 2025

EEOC Sued Over Handling of Transgender Worker Discrimination Complaints

Insurance Journal

Legal groups sued the U.S. Equal Employment Opportunity Commission on July 29, claiming it is unlawfully refusing to enforce federal workplace protections for transgender workers. Led by Acting Chair Andrea Lucas, a Republican, the federal agency cha...

Posted: Aug 01, 2025

US Reversal on Key Climate Finding Spells Uncertainty for Business

Insurance Journal

The Trump administration has billed its plan to undo U.S. climate regulation as a way to cut costs for industry, but it may backfire by forcing automakers, utilities, and manufacturers into a future of regulatory uncertainty and litigation risk, acco...

Posted: Aug 01, 2025

Florida OIR Approves 31.5% ‘Catch-up’ Rate Increase for TRUE, Despite Missed Filings

Insurance Journal

Florida’s Office of Insurance Regulation this week approved an average 31.5% increase in homeowner rates for Trusted Resource Underwriters Exchange – one of the largest Florida rate hikes in two years – despite questions about irregularities by...

Posted: Aug 01, 2025

Demolition Begins on Last Pieces of Baltimore’s Collapsed Key Bridge

Insurance Journal

Demolition crews are using giant saws, backhoes and other heavy equipment to remove large sections of the remaining pieces of Baltimore’s Francis Scott Key Bridge, which collapsed last year after a container ship lost power and veered off cours...

Posted: Aug 01, 2025

Assisted Living Facility Where 10 Died in Fire Was Cited for Mistreatment

Insurance Journal

A Massachusetts assisted-living facility where a fire killed 10 people earlier this month temporarily lost its certification nearly a decade ago due to resident mistreatment, according to state regulators. The documents obtained by The Associated Pre...

Posted: Aug 01, 2025

Insurer’s $120M Contribution Finalizes Rochester Diocese Claims Fund

Insurance Journal

The Catholic Diocese of Rochester, its insurers, and survivors of clergy sexual abuse have agreed on a $246 million fund to pay abuse claims as part of the diocese’s Chapter 11 plan to emerge from bankruptcy. The plan came together …

Posted: Aug 01, 2025

As the Floods Hit, Kerrville Officials’ Messages Show Lack of Information About What Was Coming

Insurance Journal

As the floods hit, Kerrville officials’ messages show lack of information about what was coming” was first published by The Texas Tribune, a nonprofit, nonpartisan media organization that informs Texans — and engages with them — about pub...

Posted: Aug 01, 2025

CNA’s $120M Contribution Finalizes Rochester Diocese Claims Fund

Insurance Journal

The Catholic Diocese of Rochester, its insurers, and survivors of clergy sexual abuse have agreed on a $246 million fund to pay abuse claims as part of the diocese’s Chapter 11 plan to emerge from bankruptcy. The plan came together …

Posted: Aug 01, 2025

Kerrville Officials’ Messages Show Lack of Information About Coming Floods

Insurance Journal

As the floods hit, Kerrville officials’ messages show lack of information about what was coming” was first published by The Texas Tribune, a nonprofit, nonpartisan media organization that informs Texans — and engages with them — about pub...

Posted: Aug 01, 2025

Alex Bonds named Co-President of Starwind Specialty

Reinsurance News

Starwind Specialty Insurance Services, a CRC Group company, has announced that Alex Bonds, currently serving as President and Chief Underwriting Officer of CRC Insurisk, will be joining Starwind Specialty as Co-President. In his new position, Bond...

Posted: Aug 01, 2025

Missouri’s 2025 Insured Losses From Severe Weather Approaching $2 Billion

Insurance Journal

The Missouri Department of Commerce and Insurance (DCI) reported Thursday that severe weather has already caused nearly $1.6 billion in damage throughout the state this year. “The insurance industry continues to respond and assist Missourians a...

Posted: Aug 01, 2025

Former Insurance Agent Arraigned in Investment Scam for Fake Cannabis Business

Insurance Journal

Formerly licensed insurance agent was arraigned this week on multiple felony charges involving fraud for duping people to invest in a non-existent marijuana business. Matthew Evans, 36, of Palmdale, pleaded not guilty to multiple felony charges invol...

Posted: Aug 01, 2025

Former Insurance Agent Arraigned in Scam for Fake Cannabis Business

Insurance Journal

A formerly licensed insurance agent was arraigned this week on multiple felony charges involving fraud for duping people to invest in a non-existent marijuana business. Matthew Evans, 36, of Palmdale, pleaded not guilty to multiple felony charges inv...

Posted: Aug 01, 2025

Two Men Charged with Staging Car Crashes for Insurance Money in New York City

Insurance Journal

Two Brooklyn men have been charged with staging three automobile accidents and then seeking insurance payouts from Allstate Insurance Co. for damages and purported injuries. Queens District Attorney Melinda Katz announced that Jaime Huiracocha and Vi...

Posted: Aug 01, 2025

Uber Says New New York City Courier Rule ‘Singles Out’ Immigrant Workers

Insurance Journal

Uber Technologies Inc. is pushing back on a new NYC proposal requiring delivery app workers to display company-issued identification numbers on reflective vests, saying it “singles out” immigrant workers for “heightened surveillance...

Posted: Aug 01, 2025

Uber Says New York City Courier Rule ‘Singles Out’ Immigrant Workers

Insurance Journal

Uber Technologies Inc. is pushing back on a new NYC proposal requiring delivery app workers to display company-issued identification numbers on reflective vests, saying it “singles out” immigrant workers for “heightened surveillance...

Posted: Aug 01, 2025

Delta Jet Makes Emergency Landing After Severe Turbulence Injures 25

Insurance Journal

At least two dozen people were taken to hospitals after a Delta Air Lines Inc. flight hit severe turbulence that forced it to make an emergency landing in Minneapolis. Delta Flight 56 was less than an hour into its nine-hour …

Posted: Aug 01, 2025

Wide-Ranging Risks

Risk & Insurance

The miscellaneous professional liability market is comprised of hundreds of different professions. Westfield Specialty makes a point of being an insurance solution for the professions with unique and specialized risk. The post

Posted: Jul 31, 2025

KKR launches Ascend Asia

coverager

The deal has received in-principle approval from Singapore’s Monetary Authority and is expected to close in Q3 2025.

Posted: Jul 31, 2025

Great American Insurance Group acquires Radion Health

coverager

The new unit will continue to operate under its existing leadership team.

Posted: Jul 31, 2025

Safe raises $70 million

coverager

Safe is a cyber risk management company.

Posted: Jul 31, 2025

Industry Trades Throw Support Behind Bill to Affirm State Regulation of Insurance

Carrier Management

Industry Trades Throw Support Behind Bill to Affirm State Regulation of Insurance The National Association of...

Posted: Jul 31, 2025

Smarty Turns FEMA Hazard Scores Into Address-Level Risk Intelligence

Carrier Management

Smarty Turns FEMA Hazard Scores Into Address-Level Risk Intelligence Smarty, an address intelligence provi...

Posted: Jul 31, 2025

Sedgwick Expands Lightning App to Improve Property Claims Efficiency

IIR

The redesigned mobile property inspection platform enables real-time field reporting and streamlines adjuster workflows.

Posted: Jul 31, 2025

NJM Names Carol Voorhees President and CEO

IIR

The board selected Voorhees based on her decades of operational leadership, technology expertise, and commitment to NJM’s policyholder-focused mission.

Posted: Jul 31, 2025

Guidewire Offers Regulator-Approved Risk Scores via Milliman Appleseed

IIR

Insurers gain faster access to risks scores to enhance underwriting accuracy and streamline rate filings, starting with HazardHub FSS 2.0.

Posted: Jul 31, 2025

Applied Underwriters Launches Innovation Risk as Independent MGA Platform

IIR

The new venture will use proprietary technology and analytics to underwrite complex casualty, accident, and life risks.

Posted: Jul 31, 2025

Equitable Builds Out Digital Broker Ecosystem

IIR

The company’s Employee Benefits division advances its digital transformation with new API functionality and a focus on the broker experience.

Posted: Jul 31, 2025

Cytora Achieves ISO 42001 Certification for AI Governance

IIR

Accreditation recognizes company’s adherence to global standards for responsible AI use in risk processing.

Posted: Jul 31, 2025

California Commissioner Takes Legal Action Against FAIR Plan for Smoke Damage Claims

Insurance Journal

California Insurance Commissioner Ricardo Lara is taking legal action against the California FAIR Plan Association for reportedly denying and limiting smoke damage claims from wildfire survivors. The California Department of Insurance filed an order...

Posted: Jul 31, 2025

California Commissioner Takes Action Against FAIR Plan for Smoke Damage Claims

Insurance Journal

California Insurance Commissioner Ricardo Lara is taking legal action against the California FAIR Plan Association for reportedly denying and limiting smoke damage claims from wildfire survivors. The California Department of Insurance filed an order...

Posted: Jul 31, 2025

Jewelers Mutual names Mike Alexander as President

coverager

The news follows Jewelers Mutual’s acquisition of the personal jewelry insurance business of Jewelry Insurance Brokerage of North America (JIBNA).

Posted: Jul 31, 2025

Obie partners with Visio Lending

coverager

Embedding landlord insurance at closing.

Posted: Jul 31, 2025

bolttech, OMRON, and QBE launch health plan in Singapore

coverager

New Omron Premium Care subscribers get the first month free.

Posted: Jul 31, 2025

Brookfield to acquire Just Group

coverager

Brookfield will acquire UK-based Just Group for approximately $3.2 billion.

Posted: Jul 31, 2025

Car IQ taps FT Partners to lead new round

coverager

Existing backers include Visa, RBC, Citibank, and State Farm.

Posted: Jul 31, 2025

Ascot Group and Antares Capital announce partnership

coverager

The companies are launching Wayfare Re.

Posted: Jul 31, 2025

Adaptive Insurance and Whisker Labs announce partnership

coverager

The integration will allow Adaptive to leverage power outage data from Ting's ~ 1 million sensors. 

Posted: Jul 31, 2025

Aviva appoints Navinder Dhillon as CEO of Aviva Canada

coverager

Appointment effective as of August 1.

Posted: Jul 31, 2025