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PERILS AG, a Zurich-based catastrophe insurance data provider, has announced the inclusion of Severe Convective Storm (SCS) industry loss reporting for Europe, Japan, and New Zealand. The new service builds on PERILS’ existing SCS coverage in Aust...
Posted: Jul 31, 2025
The Allstate Corporation, a provider of personal property and casualty insurance in the United States, has announced robust financial results for the second quarter of 2025, highlighted by substantial underwriting income improvement across the bus...
Posted: Jul 31, 2025
Aon has appointed Andrew Laing as UK CEO of Reinsurance, succeeding Rupert Moore, who will become CEO of Reinsurance for Asia Pacific and Chairman of the region for Aon’s Strategy and Technology Group. Subject to regulatory approval, Laing will al...
Posted: Jul 31, 2025
A federal judge temporarily blocked on Monday Arkansas’ first-in-the-nation law that would have prohibited pharmacy benefit managers from owning pharmacies in the state. U.S. District Judge Brian Miller issued a preliminary injunction against t...
Posted: Jul 31, 2025
Insurance Business Magazine - US
Posted: Jul 31, 2025
Avatar MGA Ltd., a next generation managing general agent (MGA), has received Lloyd’s coverholder and UK regulatory approval to begin binding business from Aug. 1, 2025. The US D&F property-focused MGA is backed by three market-leading synd...
Posted: Jul 31, 2025
Insurer Markel Group’s total operating income for the second quarter of 2025 grew to $1.1 billion from $409 million in Q2’24, largely driven by market value movements within its equity portfolio. In the insurance segment in Q2’25, operating income...
Posted: Jul 31, 2025
Thierry Léger, Chief Executive Officer (CEO) of SCOR, one of Europe’s big four reinsurers, said this morning that although there’s not been an influx of new entrants in the reinsurance market, competition was high at the mid-year renew...
Posted: Jul 31, 2025
This post is part of a series sponsored by Expert Insured. Managing General Agents (MGAs) in the Property & Casualty (P&C) insurance space are under increasing pressure to scale, comply, and remain competitive. Between manual processes, compl...
Posted: Jul 31, 2025
Everest’s reinsurance segment again led the business in Q2 2025, posting $436 million in underwriting income and a combined ratio of 85.6%, despite $98 million in pre-tax aviation losses tied to the Russia–Ukraine war, which added 3.2 points to th...
Posted: Jul 31, 2025
French reinsurer SCOR has announced its financial results for the second quarter of 2025, reporting a rise in net income to EUR 226 million, reversing the loss of EUR 308 million recorded in the second quarter of 2024. This improvement was driven...
Posted: Jul 31, 2025
Lockton, a privately held insurance brokerage, has appointed Kelly Thoerig as U.S. Directors and Officers Liability (D&O) and Employment Practices Liability (EPL) Product Leader within its Professional & Executive Risk division. Based in V...
Posted: Jul 31, 2025
Strong storms that brought hurricane-force winds to an area stretching from the Upper Plains to the Midwest have been preliminarily classified by the National Weather Service as a derecho, defined as a long-lived line of storms with extreme winds. Th...
Posted: Jul 31, 2025
Even today, more than five years later, residents still talk about the fire. The chemical facility burned for three days, leaked toxic runoff into the waterways, forced schools and businesses to close and prompted a shelter-in-place order for everyon...
Posted: Jul 31, 2025
Columbus-domiciled Nationwide, a diversified financial services and insurance company in the United States, has entered into a definitive agreement to acquire the renewal rights of Markel Insurance’s Global Reinsurance business, signalling Markel&...
Posted: Jul 31, 2025
On July 23, 2025, the White House released its policy document entitled Winning the Race: America’s AI Action Plan. The Action Plan provides a thorough analysis of strategies, measures, and potential concerns to guide the future development of...
Posted: Jul 31, 2025
Ping An Insurance (Group) Company of China, Ltd., an integrated financial services provider with a presence in insurance, banking, and asset management, has appointed Ray Wang as the Group’s Chief Technology Officer (CTO) and General Manager...
Posted: Jul 31, 2025
Itasca MGA Limited, an aviation-focused managing general agent (MGA), has structured a new insurance policy to support an aircraft debt facility for Allegiant Air, LLC, helping finance the delivery of new 737 MAX 8-200 aircraft. The aircraft deliv...
Posted: Jul 31, 2025
The women-only U.S. dating advice app Tea has suspended direct messaging following a series of security breaches that exposed its users’ personal details and sensitive communications, the company said on Tuesday. In a series of posts to TikTok,...
Posted: Jul 31, 2025
From roof-mounted solar panels and automated warehouses to electric vehicle depots, green technologies are transforming commercial property risk profiles. While these innovations improve energy efficiency and sustainability, they also introduce new c...
Posted: Jul 31, 2025
Risk Strategies acquired the assets of Santa Fe, New Mexico-based firms Zia Insurance Services, Tyra Enterprises Inc. and Capitol Insurance Services Inc. The firms will become part of the Risk Strategies West Region, and report to Pat Roth, west regi...
Posted: Jul 31, 2025
A Michigan prosecutor filed a terrorism charge this wek against a man accused of stabbing 11 people at a Walmart store. The charge has been rarely used in the state’s courts since it was adopted more than 20 years ago …
Posted: Jul 31, 2025
A California city has filed a civil lawsuit against a former police officer who went skiing and attended a music festival while collecting workers’ compensation. Westminster filed the suit against a former police officer who was charged with 15...
Posted: Jul 31, 2025
A woman who died in a car accident while driving intoxicated after a company-mandated wine tasting was responsible for her own death, lawyers for those who served her wine told a Connecticut court this week. The estate of Nicole Silva …
Posted: Jul 31, 2025
Sompo, a global provider of property, casualty, and specialty re/insurance, has announced the appointment of Andy Zoller as Senior Vice President (SVP), Head of Multinational, North America. Based in Dallas, Zoller will be responsible for the stra...
Posted: Jul 31, 2025
Ames & Gough, headquartered in Washington, D.C., appointed equity partners Allison Barefoot and Marguerite Parent as senior vice presidents. Appointed an equity partner of Ames & Gough in 2023, Barefoot, who is based in the Washington D.C. of...
Posted: Jul 31, 2025
Brown University has reached an agreement with President Donald Trump’s administration to restore research funding, becoming the latest elite university to strike a deal in the White House’s campaign to remake higher education. Brown said...
Posted: Jul 31, 2025
Brown University has reached an agreement with President Donald Trump’s administration to restore research funding, becoming the latest elite university to strike a deal in the White House’s campaign to remake higher education. Brown said...
Posted: Jul 31, 2025
Allstate Corp. second quarter 2025 net income applicable to common shareholders was about $2.1 billion, far exceeding the $301 million booked for the same quarter a year ago. The result this year reflects an after tax gain of $643 million …
Posted: Jul 30, 2025
Stripe’s payment infrastructure is now embedded into Allianz Trade pay.
Posted: Jul 30, 2025
CAReS combines a self-serve risk dashboard with tailored consulting services.
Posted: Jul 30, 2025
The action follows Nationwide’s July 1, 2025 acquisition of Direct General from Allstate.
Posted: Jul 30, 2025
The transaction is subject to customary closing conditions and is expected to close in August 2025.
Posted: Jul 30, 2025
California Department of Insurance Completes Final Review of Wildfire Model The...
Posted: Jul 30, 2025
Future Cheyenne AI Data Center Will Use More Power Than All Wyoming Homes Combined An artificial intell...
Posted: Jul 30, 2025
8.8 Russia Quake Triggers Tsunami Warnings for Hawaii, Ca...
Posted: Jul 30, 2025
Hybrid Work, Cybersecurity Threats Expose Urgent Gap in Device Manageme...
Posted: Jul 30, 2025
The three cybersecurity assessments aim to strengthen client defenses and speed recovery after ransomware attacks.
Posted: Jul 30, 2025
Wang is appointed to lead Ping An’s AI and technology strategy, supporting its integrated finance and health services platform.
Posted: Jul 30, 2025
The new solution aims to streamline risk management and improve return-to-work outcomes for self-insured organizations.
Posted: Jul 30, 2025
Total U.S. annuity sales were $223 billion in the first half of 2025, 3% above … Read more
Posted: Jul 30, 2025
Enterprise CCMs promise control but create friction for the claims department, forcing adjusters into risky workarounds. AI like Voltaire is changing the equation and the outcomes.
Posted: Jul 30, 2025
Sainsbury's is Britain's second largest grocer.
Posted: Jul 30, 2025
Distinguished’s partnership with Wright Flood adds another layer of protection to its Community Associations program.
Posted: Jul 30, 2025
Partnership builds on CMT’s momentum in Asia to advance driver safety in South Korea July 30, 2025, Seoul, South Korea & Cambridge, MA — Samsung Fire & Marine Insurance (SFMI), South...
Posted: Jul 30, 2025
Insurance Business Magazine - US
Posted: Jul 30, 2025