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On-Demand Webinar — Building a Resilient Insurance Portfolio Through Geospatial Data

Risk & Insurance

Learn how Geographic Information Systems (GIS) and geospatial data can help you build a resilient insurance portfolio. The post

Posted: Aug 26, 2024

How to Protect Your Fleet from Phishers Posing as the FMCSA

Insurance Journal

This post is part of a series sponsored by IAT Insurance Group. The Federal Motor Carrier Safety Administration (FMCSA) has issued a warning about a sophisticated phishing scam targeting motor carriers. Fraudulent emails, posing as official communica...

Posted: Aug 26, 2024

Let's Stop With the Gibberish

Insurance Thought Leadership

Let's Stop With the Gibberish PaulCarroll

Posted: Aug 26, 2024

Applied Systems Announces New Applied Pay Features

IIR

Applied Pay has experienced significant growth of 714 percent in premium dollars processed on the platform in last 12 months.

Posted: Aug 26, 2024

Sapiens Releases Latest Version of CoreSuite for P&C

IIR

Version 12.0 reflects Sapiens’ investment strategy and tech advancements to support the diverse needs of insurers across all personal and commercial lines of business

Posted: Aug 26, 2024

HazardHub Provides Critical Wildfire Risk Data and Maps

IIR

Guidewire HazardHub Enhanced Wildfire Risk Score data indicates that the top states for wildfire risk, based on the percentage of homes receiving an “F” rating for wildfire risk.

Posted: Aug 26, 2024

Smoke Plume Over Houston Fades After TPC Restores Power

Insurance Journal

Texas chemical producer TPC Group Inc. has restored normal operations at its facility that spewed thick, black smoke into the Houston sky for almost four hours Monday. The plant, which makes chemicals used to manufacture tires, lost power during a &#...

Posted: Aug 26, 2024

GEICO's latest agency appointment

coverager

The coverage is offered in partnership with Walnut Insurance.

Posted: Aug 26, 2024

Gallagher Power Broker Ian Ackerman on Authenticity and Finding Meaning in Work

Risk & Insurance

“Nonprofits are society’s last line of defense; they help when no one else can. Insurers know this and see the additional risks these organizations face — especially filling low-wage jobs with qualified personnel, which has always been a struggle....

Posted: Aug 26, 2024

Reciprocals managed by Kin publish second quarter results

coverager

The reciprocals were active in 9 states.

Posted: Aug 26, 2024

ANZ partners with Microsoft

coverager

ANZ partners with Microsoft to launch an AI Immersion Centre at the bank’s Melbourne headquarters.

Posted: Aug 26, 2024

CNBC global report names Vertafore as a top 150 InsurTech

coverager

InsurTech leader recognized for market impact and technological advancement

Posted: Aug 26, 2024

Nexus Underwriting launches new alternative risk transfer business

coverager

Nexus ART will offer multi-year structured (re)insurance solutions.

Posted: Aug 26, 2024

Climate finance firm Creatura raises $2.4 million

coverager

DBJ Capital and Mitsui Sumitomo Insurance Venture Capital participated in the round.

Posted: Aug 26, 2024

KOHO launches renters insurance

coverager

Assurant® TechPro provides residents with dedicated technical assistance for their connected devices.

Posted: Aug 26, 2024

Inaccurate Reports Involving Child Passenger Injuries Could Impact Crash Safety Strategies

Carrier Management

Inaccurate Reports Involving Child Passenger Injuries Could Impact Crash Safety Strategies A new study h...

Posted: Aug 26, 2024

2024 U.S. Weather Disasters Stack Up

Carrier Management

2024 U.S. Weather Disasters Stack Up The U.S. has sustained 395 weather and climate dis...

Posted: Aug 26, 2024

OMAC is Hull Carrier for Sunken Yacht in Sicily

Carrier Management

OMAC is Hull Carrier for Sunken Yacht in Sicily Yacht insurance provider OMAC is the carrier on the hull for the Bayesian, a 56-meter-long (184-ft) sailboat, that was hit by a ferocious storm earlier this month, sinking off the northern coast of ...

Posted: Aug 26, 2024

Report: Cargo Theft Soars 49% in First Half of 2024

Carrier Management

Report: Cargo Theft Soars 49% in First Half of 2024 A su...

Posted: Aug 26, 2024

Louisiana Insurers Required to Submit Hurricane Season Data by Aug. 30 Deadline

Insurance Journal

Insurers in Louisiana have until Friday, Aug. 30 to compete a data call relating to property and casualty homeowners’ insurance policies and commercial lines property policies during the 2024 hurricane season. Louisiana Insurance Commissioner T...

Posted: Aug 26, 2024

People Moves: Christensen Group Insurance Appoints Mazzanti to Spearhead Chicago Expansion

Insurance Journal

Christensen Group Insurance, headquartered in Eden Prairie, Minnesota, appointed Chuck Mazzanti to spearhead its expansion into the Chicago metropolitan area. Mazzanti is a commercial lines producer with over 15 years of industry experience. He most...

Posted: Aug 26, 2024

Cyber Threats Pose Growing Risk to Financial Services

Risk & Insurance

The financial services industry faces heightened cyber threats, with ransomware attacks and zero-day vulnerabilities posing significant risks. The post

Posted: Aug 26, 2024

Texas DWC to Hold Brown Bag Series on Dispute Resolution

Insurance Journal

The Texas Department of Insurance, Division of Workers’ Compensation will hold a Brown Bag Series with stakeholders in the workers’ compensation system this fall, with a half dozen meetings scheduled across the state. The series will focu...

Posted: Aug 26, 2024

AM Best Assigns Issue Credit Rating to Church Mutual’s Surplus Notes

Insurance Journal

AM Best said it has assigned and placed under review with negative implications a Long-Term Issue Credit Rating of bbb+ (Good) to the $40 million, 9.5% surplus notes due 2044 issued by Church Mutual Insurance Company, S.I. Additionally, AM Best &#823...

Posted: Aug 26, 2024

US Justice Department Accuses RealPage of Driving Up Rents

Insurance Journal

The U.S. Department of Justice and eight states sued RealPage on Friday, accusing the property management software company of using algorithms to help landlords illegally collude and drive up rents for apartments. The lawsuit filed in North Carolina...

Posted: Aug 26, 2024

Scientists at Iowa Research Facility Race to Halt Spread of Bird Flu

Insurance Journal

AMES, Iowa (AP) — At first glance, it looks like an unassuming farm. Cows are scattered across fenced-in fields. A milking barn sits in the distance with a tractor parked alongside. But the people who work there are not farmers, …

Posted: Aug 26, 2024

Judge: EPA Can’t Use Civil Rights Act to Fight Industrial Pollution in Louisiana

Insurance Journal

A federal judge has weakened the Biden administration’s effort to use a historic civil rights law to fight industrial pollution alleged to have taken a heavier toll on minority communities in Louisiana. U.S. District Judge James David Cain of L...

Posted: Aug 26, 2024

Alabama High School Football Player Dies From Brain Injury in Season Opener

Insurance Journal

A high school football player in Alabama died after he suffered a brain injury in a Friday night game, according to multiple news reports. Caden Tellier, whose mom once held an Alabama insurance producer license, played quarterback for Morgan Academy...

Posted: Aug 26, 2024

Halliburton Probes Impact of Cyberattack With Law Enforcement

Insurance Journal

Top U.S. oilfield services firm Halliburton said on Friday it was working with law enforcement to determine the extent of a computer systems breach and was yet to determine if the incident would have a material impact on its business. …

Posted: Aug 26, 2024

New Jersey Raises Workers’ Compensation Attorney Fee Cap to 25%

Insurance Journal

New Jersey has raised the cap on fees for attorneys handling workers’ compensation cases from 20% to 25% of settlements. The primary sponsors of S2822/A3986 were Senator Joseph Lagana and Assemblymen Anthony Verrelli and Robert Karabinchak. The...

Posted: Aug 26, 2024

How Political Risk and Credit Insurance Protects Enterprises Doing Business in Emerging and Develope...

Risk & Insurance

Carriers see room for growth in political risk and credit lines whose rates have remained relatively stable. The post

Posted: Aug 26, 2024

Hawaiian Electric Raises Going Concern Doubts on Uncertainties Over Wildfire Settlement Financing

Insurance Journal

Utility firm Hawaiian Electric raised going concern doubts on Friday after disclosing that it did not have a financing plan in place for the $1.99 billion Maui wildfire settlement it reached earlier this month. The company and its parent Hawaiian &#8...

Posted: Aug 26, 2024

Conflicting Federal Policies May Cost Residents Near Dams More on Flood Insurance

Insurance Journal

Conflicting federal policies may force thousands of residents in flood-prone areas to pay more for flood insurance or be left unaware of danger posed by dams built upstream from their homes and worksites, according to an Associated Press review of &#...

Posted: Aug 26, 2024

Overweight Dump Truck Left Hole in Covered Bridge When It Crashed Into River

Insurance Journal

The driver of a dump truck learned the hard way that it’s best not to tempt fate on a covered bridge originally built before the Civil War. The loaded vehicle crashed into the Presumpscot River on Friday afternoon, leaving a …

Posted: Aug 26, 2024