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Insurance Industry Embraces Tech, Trust in 2025

Insurance Thought Leadership

Insurance Industry Embraces Tech, Trust in 2025 Customer Experience

Posted: Dec 12, 2024

Rhino to offer Loss of Employment Protection

coverager

Qualified renters can enroll in the program at any point during their lease.

Posted: Dec 12, 2024

The Hartford expands partnership with Workday

coverager

The Hartford is becoming a strategic Workday Wellness partner.

Posted: Dec 12, 2024

Intact Financial Corporation partners with PWHL

coverager

Intact will be the official home and auto insurance partner of the PWHL in Canada.

Posted: Dec 12, 2024

Miller appoints Elizabeth McGonagle as Head of Power, Asia Pacific

coverager

McGonagle brings over a decade of sector expertise from roles at Howden Singapore and Willis Towers Watson.

Posted: Dec 12, 2024

Prudential plc launches AI lab in Singapore

coverager

The lab underscores Prudential’s commitment to leveraging AI to deliver innovative solutions across its markets.

Posted: Dec 12, 2024

Allstate to withdraw motorhome insurance in Virginia, offering replacement coverage through affiliat...

coverager

Sage plans to enhance its dynamic care management system.

Posted: Dec 12, 2024

Blending AI With Human Interaction

Insurance Thought Leadership

Blending AI With Human Interaction Claims

Posted: Dec 12, 2024

AI Revolutionizes Insurance Underwriting

Insurance Thought Leadership

AI Revolutionizes Insurance Underwriting AI & Machine Learning

Posted: Dec 12, 2024

Why Isn’t Work-Life Balance Working for Women?

Carrier Management

Why Isn’t Work-Life Balance Working for Women? About half of working...

Posted: Dec 12, 2024

New York Considers Making Property Insurers Cover Taxi Claims Losses

Insurance Journal

New York is considering asking property and casualty insurers to cover the claims of insolvent taxi insurer American Transit Insurance Co., according to people familiar with the plans. That measure is one of several options under discussion as the st...

Posted: Dec 12, 2024

Pennsylvania Courts Top Judicial Hellholes Ranking for 2024-2025

Risk & Insurance

Pennsylvania courts top ATRA's list of unfair legal venues, as nuclear verdicts and lawsuit abuse plague multiple jurisdictions. The post P...

Posted: Dec 12, 2024

People Moves: HDI Global Promotes Schulte as Global Head of Marine; Amwins Global Risks Hires Ewing...

Insurance Journal

This edition of International People Moves details appointments at HDI Global and Amwins Global Risks. A summary of these new hires follows here. HDI Global Promotes Schulte as Global Head of Marine HDI Global has promoted Dr. Carsten Schulte as &#82...

Posted: Dec 12, 2024

Texas Sues Chemical Manufacturers for Deceptive PFAS Marketing

Insurance Journal

Texas Attorney General Ken Paxton filed a lawsuit on Dec. 11 against manufacturers 3M and DuPont for misrepresenting the health risks of products made with forever chemicals The lawsuit alleges the companies for decades manufactured, marketed, and so...

Posted: Dec 12, 2024

Florida Board Revokes Butt-Lift Doctor’s License, Three Years After Patient Died

Insurance Journal

Florida’s Board of Medicine has revoked the medical license of a doctor who performed Brazilian butt-lift surgery, three years after his license was restricted after a botched surgery killed a patient. Dr. Christopher Walker, who had operated a...

Posted: Dec 12, 2024

Digital Lloyd’s Syndicate Ki to Become Standalone Business Within Fairfax Group

Insurance Journal

Brit Ltd. and Ki announced that Ki will operate as a standalone company within the Fairfax Group, effective Jan. 1, 2025. Ki was incubated and launched by Brit in 2020 and began writing business on Jan. 1, 2021 with its …

Posted: Dec 12, 2024

New York Life Investments to acquire minority interest in Andera Partners

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New York Life Investments and its subsidiary Candriam will acquire a 40% minority equity interest in Andera.

Posted: Dec 12, 2024

Ki to operate as standalone Fairfax company starting 2025

coverager

Ki was incubated and launched by Brit in 2020.

Posted: Dec 12, 2024

MetLife leverages ChatGPT to name its new strategy

coverager

Qualified renters can enroll in the program at any point during their lease.

Posted: Dec 12, 2024

Cyber risk to intensify in 2025 as attackers switch tactics: Moody’s

Reinsurance News

Cyber risk is set to intensify next year as attackers switch tactics in response to better corporate cyber defences, and as advances in artificial intelligence (AI) increase the volume and effectiveness of their strikes, says Moody’s Ratings...

Posted: Dec 12, 2024

Federal Court Affirms $14M Penalty Against Exxon for Pollution in Texas

Insurance Journal

A federal court on Wednesday affirmed a federal judge’s 2021 ruling imposing a $14.25 million penalty on Exxon Mobil for thousands of violations of the federal Clean Air Act at the company’s refinery and chemical plant complex in Baytown....

Posted: Dec 12, 2024

Aon and EBRD Launch €110M Facility to Provide Cover for War-Related Risks in Ukraine

Insurance Journal

Insurance broker Aon and the European Bank for Reconstruction and Development (EBRD) have structured a €110 million (US$115.6 million) facility to provide reinsurance capacity for international reinsurers and Ukrainian insurance companies to cover wa...

Posted: Dec 12, 2024

Ryan Companies to Pay $350K Over Sexual Harassment at Iowa Site

Insurance Journal

The U.S. Department of Labor announced that its Office of the Federal Contract Compliance Programs has entered into a conciliation agreement with Ryan Companies US Inc. to resolve allegations that the federal contractor’s employees faced sexual...

Posted: Dec 12, 2024

HDI Global SE names Dr Schulte as Global Head of Marine

Reinsurance News

Commercial and specialty lines insurer HDI Global has appointed Dr Carsten Schulte as the Global Head of Marine of its industrial insurer, HDI Global SE, effective January 1st, 2025. The company confirmed that Alexander Schlei will succeed Dr Schu...

Posted: Dec 12, 2024

ALKEME Acquires Iowa’s Relion

Insurance Journal

ALKEME announced the acquisition of Relion Insurance Solutions, one of Iowa’s largest insurance agencies with over 140 years of history serving Iowa and surrounding areas. Relion Insurance Solutions, formed through the merger of two of Iowa&#82...

Posted: Dec 12, 2024

Regal Re enters Ghana’s insurance market with new Accra office

Reinsurance News

Regal Reinsurance Brokers has officially launched in Ghana, opening an office at Achimota, Mile 7, in Accra, according to a report by The Multimedia Group. Specialising in all lines of insurance for clients in Ghana and abroad, Regal Re is regulat...

Posted: Dec 12, 2024

Virginia Approves 12% Loss Cost Decrease for Workers Compensation

Insurance Journal

Virginia has approved a 12.0% loss cost decrease in the workers’ compensation voluntary market along with rate decreases in the assigned risk market, effective April 1, 2025. The State Corporation Commission (SCC) approved the proposed voluntar...

Posted: Dec 12, 2024

Virginia Approves 12% Loss Cost Decrease for Workers’ Compensation

Insurance Journal

Virginia has approved a 12.0% loss cost decrease in the workers’ compensation voluntary market along with rate decreases in the assigned risk market, effective April 1, 2025. The State Corporation Commission (SCC) approved the proposed voluntar...

Posted: Dec 12, 2024

Alliant Taps Two SVPs to Lead Government Contractors Segment

Risk & Insurance

The latest people news in the industry today. The post Alliant Taps Two SVPs to Lead Government Contractors Segment appeared first on

Posted: Dec 12, 2024

Ryan Specialty Announces Two Executive Appointments

Risk & Insurance

The latest people news in the industry today. The post Ryan Specialty Announces Two Executive Appointments appeared first on

Posted: Dec 12, 2024

Swiss Re’s Frederico Knapp joins IRB (Re) as CFO

Reinsurance News

Swiss Re’s Frederico Knapp has been appointed Chief Financial Officer (CFO) of IRB-Brasil Resseguros S.A. (IRB Re). Knapp will reportedly join the firm on December 20, 2024, replacing Marcos Pessôa de Queiroz Falcão, who will remain as Chief...

Posted: Dec 12, 2024

Senators Say US Must Boost Security After Chinese Salt Typhoon Telecom Hacking

Insurance Journal

The United States must do more to address hacking threats after China’s alleged efforts known as Salt Typhoon to infiltrate American telecommunications companies and steal data about U.S. calls, senators said at a hearing Wednesday. “This...

Posted: Dec 12, 2024