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Loro Raises $1.1 Million to Expand Specialty Insurance Platform

IIR

Seed funding led by Markd supports Loro’s no-code platform for carriers, MGAs, and program managers with a free tier for up to $100,000 in annual GWP.

Posted: Jul 20, 2025

AM Best affirms A- rating for Everspan Group

coverager

Everspan operates as a fronting and specialty program carrier, partnering with managing general agents and highly rated reinsurers.

Posted: Jul 20, 2025

No Re-Entry? Blame Insurance

Risk & Insurance

Can't get back into a concert? Insurance might be to blame. The post No Re-Entry? Blame Insurance appeared first on Risk & I...

Posted: Jul 20, 2025

3 Vital Reminders for Complex Workplace Injury Claims

Risk & Insurance

A rideshare driver shares his workers' compensation story, sparking the need for three reminders for industry professionals. The post 3 Vital Rem...

Posted: Jul 19, 2025

Travelers Q2 Net Income Soars on Less Losses, Favorable Reserves

Carrier Management

Travelers Q2 Net Income Soars on Less Losses, Favorable Reserves The Tra...

Posted: Jul 18, 2025

Florida High-Tech 911 System Improves Response in Times of Weather Disasters

Carrier Management

Florida High-Tech 911 System Improves Response in Times of Weather Disasters When an emergency happens...

Posted: Jul 18, 2025

New Workers Comp Benchmarking Tool Will Lead to Refined Risk Analysis, Safer Workplaces

Carrier Management

New Workers Comp Benchmarking Tool Will Lead to Refined Risk Analysis, Safer Workplaces Member insurers in Pennsyl...

Posted: Jul 18, 2025

Los Angeles Sues Airbnb for Alleged Price Gouging Following Wildfires

Insurance Journal

Los Angeles sued Airbnb, accusing the home rental company of allowing price gouging affecting at least 2,000 properties during January’s wildfires in Southern California, City Attorney Hydee Feldstein Soto said on Friday. According to a complai...

Posted: Jul 18, 2025

Hagerty appoints Marc Burns as SVP of Brand and Marketing

coverager

Before joining Hagerty, Burns served as Vice President, Marketing, Advertising & Social Media at AT&T.

Posted: Jul 18, 2025

Zephyr Insurance partners with Hawaii Hurricane Relief Fund

coverager

Zephyr is part of Heritage, a super-regional P&C insurance holding company.

Posted: Jul 18, 2025

Heron Data raises $16.6 million

coverager

Heron is a 30-person team that has grown over 100% in the past year, according to LinkedIn data.

Posted: Jul 18, 2025

Howden expands in New Zealand with Sherpa acquisition

coverager

Sherpa is a Christchurch-based general insurance broker serving SME and corporate clients.

Posted: Jul 18, 2025

The Insurance Talent Crisis: A Race Against Time

Insurance Thought Leadership

The Insurance Talent Crisis: A Race Against Time From Our Partners sradomski Fri, 07/18/2025 -...

Posted: Jul 18, 2025

Balancing Growth and Risk: Brooke Shirazi’s Vision for Nationwide’s Property & Ocean Marine Strategy

Risk & Insurance

Vice President Brooke Shirazi shares how Nationwide is leveraging specialization and stability to navigate today’s complex ocean marine and property markets. The post

Posted: Jul 18, 2025

Commercial Insurance Rates Show Continued Market Softening in Q2 2025: Ivans

Risk & Insurance

Premium renewal rates declined quarter-over-quarter across nearly all major lines, signaling shift from hard market conditions, according to Ivans Index. The post

Posted: Jul 18, 2025

The Health Care Safety Imperative

Risk & Insurance

Violence against health care workers is showing no signs of slowing down. Health care organizations must lean into risk management, or face expensive and painful consequences. The post

Posted: Jul 18, 2025

People Moves: Encova Insurance Names Two New Senior Leadership Team Members; NI Holdings Inc. Names...

Insurance Journal

Encova Insurance Names Two New Senior Leadership Team Members Encova Insurance Executive Vice President and Chief Strategy Officer John Kessler will retire at the end of 2026 after more than 40 years of dedicated service to the company. As part &#823...

Posted: Jul 18, 2025

Survivors’ Lawyers Allege Decades of Systemic Abuse in Illinois Detention Facilities

Insurance Journal

Illinois has one of the nation’s worst problems with child sex abuse at juvenile detention centers, attorneys representing more than 900 survivors who have filed lawsuits said Wednesday. Dozens of complaints, including several filed this week i...

Posted: Jul 18, 2025

European insurers positioned for strong year-end, according to S&P

Reinsurance News

European insurers are expected to close the year in a solid position, supported by resilient underwriting results, robust capital buffers, and effective strategic adjustments across the sector, according to a midyear report by S&P Global Ratin...

Posted: Jul 18, 2025

Cayman Islands Approves 21 New International Insurance Licenses During H1

Insurance Journal

The Cayman Islands Monetary Authority (CIMA), which represents the international insurance industry in the British overseas territory, reported that licenses have been approved for 21 new international insurers during the first half of this year. Bet...

Posted: Jul 18, 2025

Neptune Adds Capacity to Bring Flood Insurance Product Nationwide

Insurance Journal

Flood insurer Neptune Flood said recently it secured over $400 million in premium capacity and has launched in Alaska to officially become available in all 50 states. Neptune said its capacity panel now includes more than 30 insurance and reinsurance...

Posted: Jul 18, 2025

Willis names Lockner as Strategic Client Advisor, North American AAIS team

Reinsurance News

Willis, a WTW business, has appointed Cecelia Lockner as Senior Director, Strategic Client Advisor within the North American Alternative Asset Insurance Solutions (AAIS) division. The appointment aligns with Willis’ strategy to provide insurance s...

Posted: Jul 18, 2025

Two Injury Types Drive 40% of America’s $58.78B Workplace Safety Bill

Risk & Insurance

Liberty Mutual's 25-year analysis reveals overexertion and same-level falls dominate workplace injury costs, while repetitive motion injuries plummet. The post

Posted: Jul 18, 2025

John Neal Appointed President at AIG

Risk & Insurance

The latest people news in the industry today. The post John Neal Appointed President at AIG appeared first on Risk &...

Posted: Jul 18, 2025

The Hartford Names Prateek Chhabra as Chief Risk Officer

Risk & Insurance

The latest people news in the industry today. The post The Hartford Names Prateek Chhabra as Chief Risk Officer appeared first on

Posted: Jul 18, 2025

Todd Kaminski Named Head of Direct Markets at Zurich North America

Risk & Insurance

The latest people news in the industry today. The post Todd Kaminski Named Head of Direct Markets at Zurich North America appeare...

Posted: Jul 18, 2025

David Carlson Appointed as Global Industrial and Manufacturing Leader at Aon

Risk & Insurance

The latest people news in the industry today. The post David Carlson Appointed as Global Industrial and Manufacturing Leade...

Posted: Jul 18, 2025

Former Tennessee Agent Sentenced For Continuing to Sell Insurance Products

Insurance Journal

A former Tennessee insurance agent who lost his license in 1999 but continued to sell insurance products has been sentenced to 10 years in prison. Most of that jail time was suspended by a judge. Johnny Ray Jackson, 55, of …

Posted: Jul 18, 2025

People Moves: Aon Appoints Key Leaders in EMEA Commercial Risk Team; AXA XL Promotes Wilkinson to He...

Insurance Journal

This edition of International People Moves details appointments at Aon and AXA XL. A summary of these new hires follows here. Aon Appoints Key Leaders in EMEA Commercial Risk Team Insurance broker Aon plc announced several key leadership appointments...

Posted: Jul 18, 2025

Pen Underwriting extends SiriusPoint partnership into PI

Reinsurance News

Pen Underwriting, a specialist underwriting agency in the UK, has expanded its partnership with global re/insurer SiriusPoint through a new capacity deal in support of international professional indemnity (PI) risks. As per the terms of the agreem...

Posted: Jul 18, 2025

Trump Nominates Two Lawyers to Seal Republican Control of US Labor Board

Insurance Journal

President Donald Trump has moved to install a Republican majority at the federal board that hears private-sector labor disputes and oversees union elections, which has been paralyzed by his unprecedented firing of a Democratic member. The White House...

Posted: Jul 18, 2025

King Risk Adds Equestrian Specialist Agency in South Carolina

Insurance Journal

King Risk Partners, a national insurance brokerage with home offices in Gainesville, Florida, has acquired Cummings Insurance Agency in Aiken, South Carolina. Cummings, founded in 2014, has specialized in agricultural and equestrian clients, the comp...

Posted: Jul 18, 2025

Alaska Tsunami Warning Had Residents Scrambling for High Ground After M7.3 Quake

Insurance Journal

Communities along a 700-mile stretch of Alaska’s southern coast ordered residents to higher ground after a powerful offshore earthquake Wednesday, but officials quickly downgraded and then canceled a tsunami warning for the region. There were n...

Posted: Jul 18, 2025

AI Models With Systemic Risks Given Pointers on How to Comply With EU AI Rules

Insurance Journal

The European Commission set out guidelines on Friday to help AI models it has determined have systemic risks and face tougher obligations to mitigate potential threats comply with European Union artificial intelligence regulation (AI Act). The move a...

Posted: Jul 18, 2025

Jury Awards $100M in Shooting Death of Former Florida State Senator’s Son

Insurance Journal

A Miami jury this week awarded a former Florida state senator $100 million in a wrongful death lawsuit brought against the condominium complex where her son was shot to death in 2021. Daphne Campbell, who served for eight years in …

Posted: Jul 18, 2025

Casualty insurers to be impacted by Los Angeles wildfires: Moody’s

Reinsurance News

The insurance industry is bracing for a multi-million dollar impact, with casualty insurers facing significant liabilities from various potential triggers following the devastating wildfires that impacted Los Angeles in January 2025 – which...

Posted: Jul 18, 2025

MassMutual Ventures and Crane Venture Partners announce expanded partnership

coverager

Crane to oversee $450 million in Europe and Asia-Pacific funds, strengthening global support for early-stage founders

Posted: Jul 18, 2025

Lightning Strike at New Jersey Archery Range Kills 1, Injures 13

Insurance Journal

A lightning strike at an archery range in Jackson, New Jersey killed a man and injured 13 others Wednesday evening, according to police. Around 7:15 p.m., police were notified that multiple people were struck by lightning at the Black Knight …

Posted: Jul 18, 2025

LSN Ré Walbaum names Heroui Director of P&C Reinsurance

Reinsurance News

French reinsurance broker, LSN Ré Walbaum, has announced the appointment of Lynda Heroui as Director of P&C Reinsurance, who will be reporting to Benoît Butel, the company’s President. LSN Ré Walbaum, a subsidiary of the LSN Assurances group,...

Posted: Jul 18, 2025

EU’s New Russia Sanctions Aim for More Effective Oil Price Cap

Insurance Journal

The European Union on Friday agreed an 18th package of sanctions against Russia over its war in Ukraine, including measures aimed at dealing further blows to the Russian oil and energy industry. The EU will set a moving price cap …

Posted: Jul 18, 2025

Tesla Settles Suit Over Autopilot Crash With Truck Crossing Highway

Insurance Journal

Tesla Inc. settled a high-profile lawsuit over a driver’s death in 2019 when the Autopilot system in his Model 3 allegedly failed to avoid a collision with a tractor-trailer crossing a Florida highway. The confidential settlement, disclosed in...

Posted: Jul 18, 2025