All Posts

Kansas City Family Dollar Store’s Roof Collapses, Killing 65-Year-Old Man

Insurance Journal

Part of the roof and front facade of a Family Dollar store in Kansas City, Missouri, collapsed Sunday, killing a 68-year-old man and seriously injuring a 50-year-old woman, authorities said. The building’s partial collapse occurred about 2:45 p...

Posted: Jul 30, 2025

Cincinnati reports net written premium growth of 11% in Q2’25

Reinsurance News

Cincinnati Financial Corporation has reported growth of 11%, or $274 million in property and casualty (P&C) net written premiums to $2.7 billion for the second quarter of 2025, driven by price increases, premium growth initiatives and a higher...

Posted: Jul 30, 2025

Mosaic launches tailored cyber and crime coverage for digital asset companies

Reinsurance News

Mosaic Insurance, a specialty insurer known for underwriting complex and emerging risks, has expanded into the digital asset space with a new insurance solution designed specifically for this fast-growing industry. The offering combines cyber and...

Posted: Jul 30, 2025

Viewpoint: Trucking Companies Face Growing Wage & Hour Class Action Risks

Insurance Journal

Are you a trucking company? If so, you may be exposed to class action lawsuits for minimum wage, break time, and overtime violations. Trucking companies are essential to our national economy and security. However, trucking companies often risk violat...

Posted: Jul 30, 2025

Aon appoints Natalie Rose as Bermuda Insurance Vertical Leader, Reinsurance Solutions

Reinsurance News

Global insurance and reinsurance brokerage Aon has appointed Natalie Rose as its new Bermuda Insurance Vertical Leader, part of the firm’s Reinsurance Solutions segment. In the new role, she will focus on strengthening the broker’s client relation...

Posted: Jul 30, 2025

More Than $360M in CFPB Compensation ‘at Risk,’ Say Consumer Groups

Insurance Journal

Recent actions by the U.S. Consumer Financial Protection Bureau have reversed or jeopardized more than $360 million in compensation paid to consumers allegedly harmed by financial companies, an analysis by consumer groups said on Tuesday. The compens...

Posted: Jul 30, 2025

AI May Be Needed to Fight Back Against Deepfakes Threat

Insurance Journal

The phone rings. It’s the secretary of state calling. Or is it? For Washington insiders, seeing and hearing is no longer believing, thanks to a spate of recent incidents involving deepfakes impersonating top officials in President Donald Trump&...

Posted: Jul 30, 2025

Demotech’s Petrelli Responds to WSJ Article. Others Say it Echoes Old Concerns

Insurance Journal

Reactions to a recent Wall Street Journal article, which faulted the Demotech rating agency for giving top marks to a number of insurance carriers before the insurers went insolvent in recent years, has been mixed and muted. After outrage from &#8230...

Posted: Jul 30, 2025

Swiss Re highlights growing health and mortality protection gaps across Asia

Reinsurance News

Swiss Re, a reinsurer known for its expertise in risk management and insurance solutions, has released a detailed report exposing the widening gaps in health and mortality protection across Asia. The report includes findings from a survey involvin...

Posted: Jul 30, 2025

Commercial Auto MGA Cover Whale Obtains $40M Equity Financing

Insurance Journal

Cover Whale Insurance Solutions, Inc., a managing general agency (MGA) focused on commercial auto isurance, announced $40 million in new equity financing from Morgan Stanley Expansion Capital. Founded in 2020, Cover Whale’s proprietary driver s...

Posted: Jul 30, 2025

Connecticut Firefighter Killed in Accident While Fighting House Fire

Insurance Journal

A Connecticut firefighter was killed after a piece of a fire truck broke free and struck him, state police said. Raymond Moreau, 60, a 35-year veteran of the Plainville Fire Department, suffered severe leg injuries on Sunday while at the …

Posted: Jul 30, 2025

NYC Shooting Has Security Experts Asking ‘What Else Can We Do?’

Insurance Journal

A deadly shooting at a New York City office tower on Monday exposed the vulnerability of corporate executives and employees even inside the commercial core of America’s financial capital, prompting reviews of security procedures at buildings ac...

Posted: Jul 30, 2025

Most Affordable Sedans And Subcompacts to Insure This Year, According to Mercury in California

Insurance Journal

Sedan and subcompact crossover models are listed among the year’s most affordable vehicles to insure, including two from Hyundai Motor Group and two Nissans, according to a list out on Tuesday from Mercury Insurance. The California-based carrie...

Posted: Jul 30, 2025

Former Baltimore County Insurance Agent Charged With Crimes for 4th Time

Insurance Journal

In the fourth set of criminal charges filed against him since last September, a former Baltimore County insurance agent and financial advisor has been charged with obstruction of justice and fabricating physical evidence, Maryland Attorney General An...

Posted: Jul 30, 2025

Inszone Acquires Beasy Insurance Services in California

Insurance Journal

Inszone Insurance Services acquired Beasy Insurance Services in California. Founded by Wendy Beasy in 2002, Beasy Insurance Services specializes in personal lines coverage placement throughout California and the Southwest. Sacramento, California-base...

Posted: Jul 30, 2025

Verisk to Acquire AccuLynx for $2.35 Billion

IIR

The deal will strengthen Verisk’s network in insurance claims and restoration.

Posted: Jul 29, 2025

Insurity Advances Claims Platform with New AI and UX Investments

IIR

The vendor’s ongoing investments in automation, digital FNOL, and integration architecture aim to help insurers improve resolution times, reduce costs, and enhance service for adjusters and policyholders.

Posted: Jul 29, 2025

Clearwater Analytics Expands Mortgage Support for Prosperity Life Group

IIR

The enhanced solution helps Prosperity manage complex residential tranche loans.

Posted: Jul 29, 2025

UCLA to Pay Over $6 Million to Settle Lawsuit on Antisemitism

Insurance Journal

The University of California at Los Angeles agreed to pay more than $6 million to settle discrimination complaints brought by Jewish students and faculty members who assailed the school for allowing a “Jew Exclusion Zone” on campus during...

Posted: Jul 29, 2025

Construction Projects Facing Delays Under Threat of ICE

Carrier Management

Construction Projects Facing Delays Under Threat of ICE Under a broiling Al...

Posted: Jul 29, 2025

Women’s Dating App Tea Reports 72,000 Images Stolen in Security Breach

Carrier Management

Women’s Dating App Tea Reports 72,000 Images Stolen in Security...

Posted: Jul 29, 2025

More AI Seen as the Answer to Defeating Deepfakes

Carrier Management

More AI Seen as the Answer to Defeating Deepfakes The phone r...

Posted: Jul 29, 2025

Illinois State Police Report Vehicle Theft Down Slightly in Q2 2025

Carrier Management

Illinois State Police Report Vehicle Theft Down Slightly in Q2 2025 The effects o...

Posted: Jul 29, 2025

U.S. Crash Fatalities Dip 6% in First Quarter 2025

Carrier Management

U.S. Crash Fatalities Dip 6% in First Quarter 2025 The number of people killed in U.S road crashes was down by...

Posted: Jul 29, 2025

NAMIC Throws Support Behind Bill to Reaffirm State Regulation of Insurance

Insurance Journal

The National Association of Mutual Insurance Companies (NAMIC) is supporting a bill first introduced more than 18 months ago to limit the authority of the Consumer Financial Protection Bureau and protect state regulation of the insurance industry. Re...

Posted: Jul 29, 2025

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

Insurance Journal

The National Association of Mutual Insurance Companies (NAMIC) is supporting a bill first introduced more than 18 months ago to limit the authority of the Consumer Financial Protection Bureau and protect state regulation of the insurance industry. Re...

Posted: Jul 29, 2025

Instnt enters California market

coverager

Last month the company announced a partnership with Munich Re.

Posted: Jul 29, 2025

Carol Voorhees elected NJM President & CEO

coverager

Voorhees most recently served as Executive Vice President & Chief Operating Officer. 

Posted: Jul 29, 2025

AXA XL launches cybersecurity assessments in partnership with Fenix24

coverager

AXA XL's cyber insurance clients now have access to three assessments from Fenix24.

Posted: Jul 29, 2025

Top 5 Strategies To Stabilize Commercial Property Market

Rough Notes

Operating in a market where premium increases are moderating from major hardening of a year ago  [T]here are still likely potholes ahead. What is certain is that strategic layering, tech-driven storytelling, and creative risk solutions are no longer...

Posted: Jul 29, 2025

PE Is Reinventing Life Insurance

Insurance Thought Leadership

PE Is Reinventing Life Insurance Future of Risk sradomski Tue, 07/29/2025 - 13:47 ...

Posted: Jul 29, 2025

Michigan Manufacturer Sued for Sexual Harassment

Insurance Journal

East Jordan Plastics, Inc., a manufacturer of plastic horticultural containers, violated federal law when it subjected female production employees to sexual harassment before taking untimely remedial action, the U.S. Equal Employment Opportunity Comm...

Posted: Jul 29, 2025

AM Best Upgrades Credit Rating of Texas’ New Horizon

Insurance Journal

AM Best has upgraded the Financial Strength Rating to A- (Excellent) from B++ (Good) and the Long-Term Issuer Credit Rating to “a-” (Excellent) from “bbb+” (Good) of New Horizon Insurance Company based in Houston, Texas. The o...

Posted: Jul 29, 2025

Marsh Japan Agrees to Acquire Mitsubishi Electric’s Insurance Agency

Insurance Journal

Marsh Japan has agreed to purchase Mitsubishi Electric Corp.’s in-house insurance agency, Mitsubishi Electric Insurance Service Co. Ltd., in a share transfer agreement that will be completed on Nov. 4. Financial details of the transaction were...

Posted: Jul 29, 2025

World Acquires Louisiana’s Lighthouse Insurance Agency

Insurance Journal

World Insurance Associates LLC announced that it acquired the business of Lighthouse Insurance Agency of Madisonville, Louisiana on March 1, 2025. Terms of the transaction were not disclosed. Lighthouse Insurance Agency specializes in writing persona...

Posted: Jul 29, 2025

People Moves: Guy Carpenter Taps RenRe’s Flynn as Head of Global Clients, Global Specialties; Tokio...

Insurance Journal

This edition of International People Moves details London-based appointments at the reinsurance broker Guy Carpenter and the insurer Tokio Marine HCC International. A summary of these new hires follows here. Carpenter Taps RenRe’s Flynn as Head...

Posted: Jul 29, 2025