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Amazon Faces UK Lawsuits Worth Up to $5.4 Billion From Retailers, Consumers

Insurance Journal

Amazon faces two mass lawsuits from retailers and consumers worth up to 4 billion pounds ($5.4 billion) for allegedly abusing its dominant position, after a London tribunal on Thursday certified the cases could proceed. Andreas Stephan, a competition...

Posted: Jul 25, 2025

Russia’s Ust-Luga Port Orders Vessel Checks After Mystery Blasts

Insurance Journal

Ust-Luga, Russia’s largest port in the Baltic Sea, is insisting that ships’ hulls are inspected before the vessels are allowed to enter the facility, a sign of how a string of mystery blasts involving tankers that went to Russia are &#823...

Posted: Jul 25, 2025

Kazakh Black Sea Oil Exports Halted by New Russian Regulations, Sources Say

Insurance Journal

Foreign oil tankers are being temporarily barred from loading at Russia’s main Black Sea ports following new regulations, two industry sources said on Wednesday [July 23], effectively blocking exports from Kazakhstan handled largely by a consor...

Posted: Jul 25, 2025

Universal’s direct premiums written grows 3.2% to $597m in Q2’25

Reinsurance News

Florida-domiciled and expansive primary insurance company, Universal Insurance Holdings, has reported a 3.2% increase in direct premiums written to $596.7 million in the second quarter of 2025, from $578.2 million a year earlier, driven by a 25.4%...

Posted: Jul 25, 2025

Cayman Islands Monetary Authority issued 21 new international insurance licences in H1’25

Reinsurance News

The Cayman Islands Monetary Authority (CIMA) granted a total of 21 new international insurer licenses in the first half of 2025, as commercial insurance, reinsurance, and captive sectors continue to expand in the region. This was reported in the r...

Posted: Jul 25, 2025

Everest’s Glen Browne joins AIG as Global Head of Accident & Health

Reinsurance News

Global insurer American International Group, Inc. (AIG) has appointed Glen Browne as its new Global Head of Accident & Health (A&H), effective September 3rd, 2025. He will be based in Zurich, Switzerland and report to Jon Hancock, Executiv...

Posted: Jul 25, 2025

Lloyd’s, IUA, and LIIBA report drop in trade credit insurance claims for 2024, with Africa leading t...

Reinsurance News

A new report recently released has highlighted a significant reduction in the number and value of trade credit insurance claims worldwide. The data comes from an annual market survey conducted by A2Z Risk Services on behalf of the Lloyd’s Market A...

Posted: Jul 25, 2025

LMA, IUA, and LIIBA report drop in trade credit insurance claims for 2024, with Africa leading total...

Reinsurance News

A new report recently released has highlighted a significant reduction in the number and value of trade credit insurance claims worldwide. The data comes from an annual market survey conducted by A2Z Risk Services on behalf of the Lloyd’s Market A...

Posted: Jul 25, 2025

Jensten names Kathleen Durling Director of Underwriting

Reinsurance News

Jensten Underwriting, a managing general agent within the Jensten Group, has announced the appointment of senior industry specialist Kathleen Durling as Director of Underwriting. In her new role, Durling will spearhead two of Jensten Underwriting’...

Posted: Jul 25, 2025

What InsurTech MGAs are and why they are thriving

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Discover how these niche experts are compounding growth opportunities.

Posted: Jul 25, 2025

Third Point secures $400m of investible capital for Insurance Solutions Fund

Reinsurance News

Third Point LLC has secured $400 million of investible capital for the first close of the Third Point Insurance Solutions Fund I, its first dedicated and rated structured private credit fund for insurance companies. According to Third Point, the F...

Posted: Jul 25, 2025

Intel Beats Shareholder Lawsuit Over $32 Billion Stock Plunge

Insurance Journal

A federal judge dismissed a lawsuit accusing Intel of defrauding shareholders by concealing problems in a business where it manufactured chips for outside customers, leading to a $32 billion one-day plunge in its market value. While saying she &#8220...

Posted: Jul 25, 2025

Starr appoints David Wang as Head of Financial Lines, Asia Pacific

Reinsurance News

Starr Insurance, a provider of commercial property and casualty insurance, has announced the appointment of David Wang as Head of Financial Lines, Asia Pacific. Based in Singapore, Wang will lead the company’s growing Asia Pacific Financial Lines...

Posted: Jul 25, 2025

AIUC Emerges From Stealth With $15M Seed to Help Enterprises Deploy AI Safely

Insurance Journal

Artificial Intelligence Underwriting Company (AIUC) is coming out of stealth mode with a $15 million seed round. The San Francisco-based company said July 23 that it seeks to unlock the “next wave of artificial intelligence (AI) progress by bui...

Posted: Jul 25, 2025

Viewpoint: Back to Basics – Risk Transfer Through Contracts and Insurance

Insurance Journal

Along with analyzing risk, a risk manager’s core function is to offload as much risk as possible as cost-effectively as possible. While meeting this goal is generally thought of as assembling the right insurance portfolio at the best price, tra...

Posted: Jul 25, 2025

Poll Shows Pacific Northwest Drivers Are Seeing Increases in Roadway Rudeness

Insurance Journal

If you’ve felt a shift in driver behavior on Pacific Northwest roads, a recent poll suggests you’re not alone. A survey of Washington and Oregon residents by PEMCO Mutual Insurance found that many motorists are seeing increases in rudenes...

Posted: Jul 25, 2025

Poll: Pacific Northwest People Are Seeing An Increase in Roadway Rudeness

Insurance Journal

If you’ve felt a shift in driver behavior on Pacific Northwest roads, a recent poll suggests you’re not alone. A survey of Washington and Oregon residents by PEMCO Mutual Insurance found that many motorists are seeing increases in rudenes...

Posted: Jul 25, 2025

FEMA Denies Maryland Disaster Aid Request for Western Counties Hit by May Floods

Insurance Journal

The Trump Administration has denied Maryland’s request for federal disaster aid for damage caused by severe storms and flooding on May 13 and 14 in Allegany and Garrett Counties in the western part of the state. Gov. Wes Moore said …

Posted: Jul 25, 2025

Donegal reports $16.9m Q2’25 net income with slight net premium decrease

Reinsurance News

Donegal Group Inc., the US insurance company, has announced its financial results for the second quarter of 2025, reporting a rise in net income to $16.9 million and an improved combined ratio of 97.7%, while net premiums saw a slight decrease of...

Posted: Jul 25, 2025

Chubb Q2 Net Income Jumps 33% on Premium Growth, Underwriting

Carrier Management

Chubb Q2 Net Income Jumps 33% on Premium Growth,...

Posted: Jul 24, 2025

As Oregon Wildfire Approaches 100,000-Acre Mark, a Look at Other Megafires

Carrier Management

As Oregon Wildfire Approaches 100,000-Acre Mark, a Look at Other Megafires A wildfire burning in a spar...

Posted: Jul 24, 2025

Labor Department Proposes Over 60 Rule Changes in Push to Deregulate Workplaces

Carrier Management

Labor Department Proposes Over 60 Rule Changes in Push to Deregulate Workplaces Th...

Posted: Jul 24, 2025

Ransomware Now Being Used by Some Microsoft SharePoint Server Hackers

Carrier Management

Ransomware Now Being Used by Some Microsoft SharePoint Server Hackers A...

Posted: Jul 24, 2025

Despite Often Being Banned, Workplace Romances Continue

Carrier Management

Despite Often Being Banned, Workplace Romances Continue The media attention and fallout surrounding two h...

Posted: Jul 24, 2025

CLARA Analytics Turns AI Toward Subrogation, Targeting Missed Opportunities

IIR

CLARA Analytics expands its AI platform to subrogation, aiming to reduce leakage and help insurers identify overlooked recovery opportunities.

Posted: Jul 24, 2025

Engineering Change at TruStage: CIO Pat Lawicki

IIR

Drawing on her automation and transformation background, Lawicki is leading an enterprise-wide modernization effort grounded in customer needs, operational scale, and applied innovation.

Posted: Jul 24, 2025

AXA Selects SimCorp to Enhance Risk and Portfolio Oversight

IIR

AXA will implement SimCorp One and managed services to unify investment operations and strengthen financial risk management across global entities.

Posted: Jul 24, 2025

Brilliance in Focus: Fine Arts Power Broker Mary Pontillo

Risk & Insurance

From an art teacher to a fine arts broker, snippets of the career journey of Mary Pontillo. The post Brilliance in Focus: Fine Arts Power Broke...

Posted: Jul 24, 2025

Berkley One Classics updates collector car coverage in Georgia

coverager

The updates mark Berkley One Classics’ 51st year in the market and reflect its continued investment in flexible, collector-focused coverage.

Posted: Jul 24, 2025

Enstar goes private in $5.1 billion deal

coverager

Backed by Sixth Street.

Posted: Jul 24, 2025

Hagerty announces new fronting arrangement with Markel

coverager

Hagerty has increased risk sharing from 0% in 2016 to 80% of the underwriting economics today.

Posted: Jul 24, 2025

Eagleview rebrands

coverager

EagleView is a U.S.-based provider of ultra‑high-resolution aerial imagery, property analytics, and precision 3D measurement solutions.

Posted: Jul 24, 2025

Investment Planning Counsel to acquire De Thomas Wealth Management

coverager

IPC is an integrated wealth management company founded in 1996.

Posted: Jul 24, 2025

Christiern Dart appointed as CEO of MS Amlin

coverager

Dart succeeds Andrew Carrier who after three years as CEO.

Posted: Jul 24, 2025

Accelerant raises $724 million in upsized IPO

coverager

The company announced the pricing of its upsized initial public offering.

Posted: Jul 24, 2025

Goosehead Insurance partners with Baird & Warner

coverager

Baird & Warner is a real estate brokerage.

Posted: Jul 24, 2025

Westwood Insurance Agency partners with Legend Homes

coverager

Legend Homes is a Texas-based builder ranked as a top 40 home builder in the country.

Posted: Jul 24, 2025

Chubb posts Q2 results

coverager

Honda Insurance Solutions is available in all fifty states.

Posted: Jul 24, 2025

California Department of Insurance Completes Final Review of Wildfire Model

Insurance Journal

The California Department of Insurance completed a review of the state’s first wildfire catastrophe model, marking a dramatic change in the state’s property/casualty insurance ratemaking process. The new model for use by insurers in asses...

Posted: Jul 24, 2025

Kentucky DOI Posts Rules on Wind-Mitigation Grant Program

Insurance Journal

The Kentucky Department of Insurance has posted new rules on the Strengthen Kentucky Homes wind-mitigation grant program, in keeping with statutes approved in 2024. The regulations spell out eligibility requirements for homeowners, grant procedures,...

Posted: Jul 24, 2025

People Moves: Pharmacists Mutual Appoints Mosher to Board of Directors

Insurance Journal

Pharmacists Mutual Insurance Company announced the appointment of Matthew Mosher, former President and CEO of AM Best Rating Services, Inc., to its Board of Directors. Mosher brings decades of leadership experience and industry understanding that wil...

Posted: Jul 24, 2025

RenRe built one of its largest & most profitable property cat portfolios at mid-year renewal: CEO O’...

Reinsurance News

Bermuda-based reinsurer RenaissanceRe (RenRe) had a strong mid-year renewal and constructed one of its largest and most profitable net retained property catastrophe portfolios, with the firm’s President and Chief Executive Officer (CEO), Kev...

Posted: Jul 24, 2025