All Posts

Bunker launches new brand

coverager

Founded in 2015, Bunker focuses on business insurance solutions and compliance monitoring for small businesses.

Posted: Sep 17, 2024

RAS Selects CLARA Analytics to Leverage AI for Greater Claims Impact

IIR

The service provider for workers’ compensation and loss litigation management has deployed CLARA’s entire product suite to enhance performance.

Posted: Sep 17, 2024

Zywave Names Martin Simoncic CEO, Chris Kasper CFO

IIR

The industry veterans together bring over three decades of SaaS experience to help fuel Zywave’s next stage of growth.

Posted: Sep 17, 2024

Seguros Lagun Aro Selects Akur8 to Streamline Insurance Pricing Process

IIR

By adopting Akur8’s pricing technology, the vendor says Seguros Lagun Aro will significantly streamline its pricing process, allowing for faster and more accurate model creation.

Posted: Sep 17, 2024

3 Unusual Agency Financing Solutions

IA Magazine

With the right banking partner, independent agency owners can be creative about how they finance their growth goals.

Posted: Sep 17, 2024

Agency Nation Meets: Graham Blackwell

IA Magazine

Blackwell is responsible for Applied Systems’ strategic growth business units, including Ivans, EZLynx and Applied Pay, as well as Applied’s corporate financial functions.

Posted: Sep 17, 2024

Big ‘I’ Installs New Chairman

IA Magazine

The Big “I” installed Indiana’s Todd Jackson, owner and partner at McGowan Insurance Group in Indianapolis, as the 2024-2025 Big “I” chairman.

Posted: Sep 17, 2024

Vouch partners with Vanta

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Vanta is used by over 8k companies from 58 countries.

Posted: Sep 17, 2024

Newline Group expands UK operations with new office in Manchester

coverager

This is Newline's second regional office in the UK.

Posted: Sep 17, 2024

SelectQuote’s Q4 2024: Revenue soars 39%, but growth faces new challenges in 2025

coverager

The flagship product, LifeScore360, was a comprehensive mortality risk score offering detailed visualizations of contributing factors and suggested ranges for each risk class.

Posted: Sep 17, 2024

Rising Home Insurance Rates Drive Increase in Policy Shopping, Drop in Customer Satisfaction

Carrier Management

Rising Home Insurance Rates Drive Increase in Policy Shopping, Drop in Customer Satisfaction Homeowners and re...

Posted: Sep 17, 2024

California Insurance Commissioner and Cal Poly Humboldt Working on Public Wildfire Cat Model

Insurance Journal

California Insurance Commissioner Ricardo Lara and Cal Poly Humboldt plan to form a strategy group to undertake what Lara says will be the nation’s first public wildfire catastrophe model. The plan is for the group to draw from California&#8217...

Posted: Sep 17, 2024

California Commissioner, Cal Poly Humboldt Working on Public Wildfire Model

Insurance Journal

California Insurance Commissioner Ricardo Lara and Cal Poly Humboldt plan to form a strategy group to undertake what Lara says will be the nation’s first public wildfire catastrophe model. The plan is for the group to draw from California&#8217...

Posted: Sep 17, 2024

Würk partners with The Baldwin Group

coverager

Würk and The Baldwin Group will introduce clients to Employee Benefit Captives, Predictive Risk Scoring and forward-looking claim projections.

Posted: Sep 17, 2024

Roots Automation raises $22.2 million

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Roots Automation offers AI tools tailored for specific tasks.

Posted: Sep 17, 2024

NN Group partners with Rubio Impact Ventures

coverager

The companies announced the launch of the NN Social Innovation Startup Awards.

Posted: Sep 17, 2024

Gerent & Herald Revolutionize Workflows for Insurance Brokerages 

coverager

Herald and Gerent unifying in an effort to better serve the growing needs of brokerages that seek to leverage Salesforce’s advanced capabilities. 

Posted: Sep 17, 2024

Parsyl launches new brand

coverager

Parsyl operates out of Denver, CO, and London, England.

Posted: Sep 17, 2024

Hotel Engine raises $140 million

coverager

Hotel Engine's network includes more than 750k hotels, 300 airlines and 40 rental car companies.

Posted: Sep 17, 2024

Swiss Re selects Mea’s GenAI solution

coverager

The expanded contract will see mea’s generative artificial intelligence technology applied to process complex data formats.

Posted: Sep 17, 2024

Arachas Group buys M & H Insurance Agency

coverager

M & H Insurance Agency will keep its brand name and will be integrated into Árachas Group.

Posted: Sep 17, 2024

Report Finds No Evidence Hawaii Officials Prepared for Deadly Wildfire

Carrier Management

Report Finds No Evidence Hawaii Officials Prepared for Deadly Wildfire Investigators reviewing the emer...

Posted: Sep 17, 2024

IIHS: Drivers Take Advantage of Partially Automated Vehicle Systems to Multitask

Carrier Management

IIHS: Drivers Take Advantage of Partially Automated Vehicle Systems to Multitask Drivers are more l...

Posted: Sep 17, 2024

Registration for Next Round of Louisiana Fortified Homes Program to Open Wednesday

Insurance Journal

The Louisiana Department of Insurance announced that registration for the next round of Louisiana Fortified Homes Program grants will open at 8 a.m. CT, Wednesday, Sept. 18, and close at 5 p.m. CT, on Friday, Sept. 20. Registration for this …

Posted: Sep 17, 2024

An 8-Year-Old Girl in Ohio Drove an SUV to a Target: Authorities

Insurance Journal

BEDFORD, Ohio (AP) — An 8-year-old girl took an SUV from her Ohio home and drove for miles to a store where she was later found unharmed, authorities said. The girl, whose name was not released, and the vehicle — …

Posted: Sep 17, 2024

Multi-Vehicle Crash on Dallas Interstate Kills 4

Insurance Journal

DALLAS (AP) — A vehicle crossed into oncoming traffic on a Dallas interstate and collided with two other vehicles in a crash that left four people dead, police said. The multi-vehicle accident happened about 1 p.m. Saturday on Interstate 45 …

Posted: Sep 17, 2024

Nebraska Certifies Ballot Measures to Legalize Medical Marijuana

Insurance Journal

Nebraska certified two ballot measures Friday to legalize medical marijuana even though the state’s Republican attorney general said their supporters may have submitted at least several thousand invalid signatures, which could keep them from be...

Posted: Sep 17, 2024

Iowa and Iowa State Athletes Join Civil Lawsuit Over State Gambling Sting

Insurance Journal

DES MOINES, Iowa (AP) — Ten more Iowa and Iowa State athletes and an Iowa basketball equipment manager ensnared in a 2023 state gambling sting joined a civil lawsuit Tuesday seeking unspecified monetary damages from the state and its public …

Posted: Sep 17, 2024

Pipe Fire Near Houston Forces Residents to Evacuate

Insurance Journal

Firefighters in the Houston suburb of La Porte were working to extinguish a pipeline fire that forced residents to evacuate some areas. The blast occurred at a valve station on a 20-inch (51-centimeter) pipeline operated by Energy Transfer LP, the &#...

Posted: Sep 17, 2024

Generali offloads Turkish operation

Reinsurance News

Large Italian insurer Generali has agreed to sell its Turkish operation as part of its “Lifetime Partner 24: Driving Growth” strategic plan, with Kiler Holding A.Ş. and Arex Yatırım Holding A.Ş. taking a 42% and 48% stake of the business, respecti...

Posted: Sep 17, 2024

US P&C sector’s net income skyrockets to $97.6bn in H1’24: AM Best

Reinsurance News

According to AM Best, the US property & casualty (P&C) industry recorded a $3.8 billion net underwriting gain in the first six months of 2024, a major improvement from the $24 billion loss reported in the previous year. The agency stated t...

Posted: Sep 17, 2024

Beware of Hidden Email Addresses: TN School Transferred $3M to Fake Account

Insurance Journal

A school district in Tennessee temporarily lost more than $3 million after a district employee was duped into sending funds to a fake vendor. The finance director for the Johnson County Board of Education, in northeast Tennessee, in March wired &#823...

Posted: Sep 17, 2024

MSIG USA names Mark Thorogood Head of Reinsurance

Reinsurance News

MSIG USA, an insurance subsidiary under MSIG Holdings, has announced the appointment of Mark Thorogood as its new Head of Reinsurance. In his new role, Thorogood will be responsible for leading the company’s reinsurance strategy, encompassin...

Posted: Sep 17, 2024

U.S. P&C Insurers Post Significant Underwriting Gain in H1 2024

Risk & Insurance

Rebounding from a $24 billion loss, the U.S. property & casualty insurance industry posted a $3.8 billion net underwriting gain in H1 2024. The post

Posted: Sep 17, 2024

Lloyd’s grants in principle approval for Awbury Syndicate 2025 to start underwriting

Reinsurance News

The Awbury Group and Polo Managing Agency Limited have confirmed that Lloyd’s has granted “in principle” approval for Awbury Syndicate 2025 to commence underwriting from January 1st, 2025. The syndicate will be managed by Polo Managing Agency Limi...

Posted: Sep 17, 2024

Cigna Sues Federal Trade Commission Over ‘Defamatory’ Report

Insurance Journal

Cigna Group’s Express Scripts sued the US Federal Trade Commission over a recent report that the company said demonizes pharmacy benefit managers and asked the court to order the agency to retract it. The lawsuit escalates the conflict between...

Posted: Sep 17, 2024