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Fire at Massachusetts Assisted Living Facility Takes 9 Lives, Injures 30

Insurance Journal

Nine people have died in a fire at an assisted living facility in Massachusetts, where people were hanging out of windows screaming for help, authorities said Monday. At least 30 people were injured. Firefighters responded to the Gabriel House assist...

Posted: Jul 14, 2025

90 Patients Safely Relocated Amid North Carolina Health Facility Fire

Insurance Journal

About 90 patients at a North Carolina rehabilitation facility that suffered a structure fire have been safely moved and housed in other facilities, first responders in Burke County reported last night. Crews were dispatched shortly before 1 p.m. to t...

Posted: Jul 14, 2025

Liberty Specialty Markets launches crypto insurance for financial institutions

Reinsurance News

Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has launched a new insurance product tailored for financial institutions operating in the cryptocurrency market. The product was developed in response to growing demand from...

Posted: Jul 14, 2025

4 Eastern Kentucky Communities Receive $14.4 Million for Flood Mitigation

Insurance Journal

Kentucky Gov. Andy Beshear announced more than $14.4 million to improve water and wastewater infrastructure in four communities across the eastern part of the state that were hit by historic floods in 2022. The cities of Beattyville in Lee County, &#...

Posted: Jul 14, 2025

UK Hiring Tumbles by Most in Nearly Two Years, KPMG Survey Shows

Insurance Journal

Hiring by UK businesses plunged at the fastest pace in nearly two years, according to a survey that suggested that the fallout from a hike in payroll taxes is showing little sign of letting up. Permanent staff appointments fell by …

Posted: Jul 14, 2025

Miller names Shim as Head of Specialty for newly launched Korean marine team

Reinsurance News

Miller, the independent specialist insurance and reinsurance broker, has launched its Korean marine unit with four senior hires to further build out its operations in the region, and has hired KyungSeop (KS) Shim to lead the team as Head of Specia...

Posted: Jul 14, 2025

CyberCube releases latest version of catastrophe model, PMv6

Reinsurance News

CyberCube, a provider of cyber risk analytics, has announced the launch of Portfolio Manager Version 6 (PMv6), the latest version of its catastrophe modelling platform. This new version has been designed to reflect the cyber insurance market’s evo...

Posted: Jul 14, 2025

Aon names Richard Tan as Chief Commercial Officer, Singapore

Reinsurance News

Global reinsurance and insurance broker Aon has expanded Richard Tan’s role to Chief Commercial Officer, Singapore. In the role, Tan will lead growth across Commercial Risk, Health, and Talent Solutions, while continuing to elevate Aon&#8217...

Posted: Jul 14, 2025

Introducing the 2025 Risk All Stars

Risk & Insurance

Risk All Stars represent the very best in risk management. The post Introducing the 2025 Risk All Stars appeared first on

Posted: Jul 14, 2025

Meet 2025 All Star Tricia Cottman of Greater Orlando Aviation Authority

Risk & Insurance

The Greater Orlando Aviation Authority transformed its risk management approach under the leadership of Tricia Cottman. The post

Posted: Jul 14, 2025

Meet 2025 Risk All Star Barbara Johnson-Bechthold of Clean Energy

Risk & Insurance

Barbara Johnson-Bechthold worked with underwriters to help them understand and support a novel approach to energy generation and distribution. The post

Posted: Jul 14, 2025

Meet 2025 All Star Hillary Jacques of REI

Risk & Insurance

REI’s Hillary Jacques overcame organizational chop to help the business find calmer waters. The post Meet 2025 All Star Hillary Jacques of REI appeared fi...

Posted: Jul 14, 2025

Meet 2025 Risk All Star Melissa Hollingsworth of Los Angeles Unified School District

Risk & Insurance

Building out the capabilities of a vital captive is LAUSD’s Melissa Hollingsworth’s handiwork. The post Meet 2025...

Posted: Jul 14, 2025

Meet 2025 Risk All Star Timothy Adam of ULCS/Asplundh

Risk & Insurance

Timothy Adam transformed a utility contractor's risk profile by addressing safety and cultural issues. The post Meet 2025 Risk All Star Timothy A...

Posted: Jul 14, 2025

WTW appoints Adrian Cousins as Head of London Market Claims

Reinsurance News

Willis, a WTW business, has announced the appointment of Adrian Cousins as Head of London Market Claims. In his new role, Cousins will report to Neil Harrison, Global Head of Claims. He will oversee and implement key elements of Willis’ global cla...

Posted: Jul 14, 2025

Meet 2025 Risk All Star Joselle Bamford of Erickson Senior Living

Risk & Insurance

Strengthening return-to-work and claims management in long-term care helps to protect some of society’s most vulnerable. The post Meet...

Posted: Jul 14, 2025

Meet 2025 Risk All Star David Cassity of Jacuzzi Brands

Risk & Insurance

David Cassity took a no-holds-barred approach to creating better alignment in the management of his company’s P&C risk management and insurance programs. The post

Posted: Jul 14, 2025

Meet 2025 Risk All Star Jill Alfano of Victoria’s Secret

Risk & Insurance

Jill Alfano transformed Victoria’s Secret’s risk management by building a comprehensive claims program from scratch in under four years. The post

Posted: Jul 14, 2025

Meet 2025 Risk All Star Heather Harrison of WESCO Distribution Inc.

Risk & Insurance

WESCO’s Heather Harrison created a massive risk management program from scratch with the help of key vendors. The post Meet 2025 Risk All...

Posted: Jul 14, 2025

Meet 2025 Risk All Star Josh Weisberg of SterlingRisk

Risk & Insurance

An education-focused approach to risk mitigation served this insurance brokerage very well. The post Meet 2025 Risk All Star Josh Weisberg of Ster...

Posted: Jul 14, 2025

HDI Global SE and Descartes Underwriting approved to offer parametric earthquake insurance in Japan

Reinsurance News

HDI Global SE’s Japan branch, part of Germany-based insurer Talanx AG, has been approved by the Japanese Financial Services Agency to introduce a parametric earthquake insurance product to the Japanese market. To create this product, HDI Global wo...

Posted: Jul 14, 2025

Meet 2025 Risk All Star LaVeta Breath of City of Oklahoma City

Risk & Insurance

LaVeta Breath built a comprehensive program to address the mental health needs of first responders. The post Meet 2025 Risk All Star LaV...

Posted: Jul 14, 2025

Meet 2025 Risk All Star Dr. Deeba Siddiqui of Hackensack Meridian Health

Risk & Insurance

Dr. Deeba Siddiqui orchestrated a streamlined approach to safety and risk management that saved millions. The post Meet 2025 Risk Al...

Posted: Jul 14, 2025

Guy Carpenter appoints Hakes as Global Head of Marine, Energy and Technical Lines

Reinsurance News

Guy Carpenter, a leading global risk and reinsurance specialist and a business of Marsh McLennan, has appointed Richard Hakes as the new Global Head of Marine, Energy and Technical Lines (METL). Hakes, who will also join the Global Specialties Lea...

Posted: Jul 14, 2025

Air India Crash Points to Cockpit Confusion as Fuel Flow Cut Out

Insurance Journal

The Air India jetliner that crashed on June 12 was doomed almost immediately upon taking off, after both engines lost fuel supply and the pilots ran out of time to regain control and avert catastrophe. A preliminary 15-page report filed …

Posted: Jul 14, 2025

Old Republic Surety Goes High-Tech with Pittsburgh Pirates Video Project

Insurance Journal

This post is part of a series sponsored by Old Republic Surety. A major league ballpark can be a feast for the senses, from colorful fan gear to a tasty barbecue sandwich. There’s always plenty of action down on the …

Posted: Jul 14, 2025

US hurricane losses could soar 50% in warming climate, MS Amlin study finds

Reinsurance News

Insured losses from US hurricanes could increase by nearly 50% if global temperatures rise by 2°C, MS Amlin, the Lloyd’s re/insurer, warns in its recently launched peer-reviewed study published in the Journal of Catastrophe Risk and Resilience. Ac...

Posted: Jul 14, 2025

Broussard to serve as a Director on Marsh McLennan’s Board

Reinsurance News

The Board of Directors of Marsh McLennan, a global insurance and reinsurance brokerage firm, has appointed Bruce Broussard as a Director, effective immediately. His appointment brings the total number of directors on the Board to 12. Broussard has...

Posted: Jul 14, 2025

Continued profitable growth for Hannover Re amid evolving risk landscape: CEO Jungsthöfel

Reinsurance News

Clemens Jungsthöfel, who took over as CEO of Hannover Re from Jean-Jacques Henchoz in early April, has outline his vision for the company’s future in a recent interview with Börsen-Zeitung, emphasizing continued profitable growth by leveraging its...

Posted: Jul 14, 2025

Search for Victims Resumes in Texas Floods After Severe Weather Halts Operations

Insurance Journal

Crews on Monday were expected to resume looking for victims of catastrophic flooding in Texas that killed at least 132 people after more heavy rains temporarily paused their search and rescue operations. Those efforts along the Guadalupe River were h...

Posted: Jul 14, 2025

GOP Lawmakers Press Trump to Speed Review of Chinese-Made Drones

Insurance Journal

Key House lawmakers are pressing the Trump administration to accelerate a congressionally mandated review of Chinese-made drones ahead of a potential US ban of the technologies later this year. Three House Republicans influential on national security...

Posted: Jul 14, 2025

FEMA Flood Maps Often Miss Flash Flood Risks, Leaving Homeowners Unprepared

Insurance Journal

Deadly and destructive flash flooding in Texas and several other states in July 2025 is raising questions about the nation’s flood maps and their ability to ensure that communities and homeowners can prepare for rising risks. The same region of...

Posted: Jul 14, 2025

Florida Meteorologist Predicts Where the Next Hurricane Will Hit, For a Price

Insurance Journal

Colorado State University’s hurricane research team, perhaps the best-known and most-often quoted forecasting service, last week revised its prediction for the 2025 Atlantic hurricane season downward slightly – to eight hurricanes, three of the...

Posted: Jul 14, 2025

Report Shows Excessive Heat Pushes Worker Injury Risk Sky High

Insurance Journal

It may come as no surprise that heat-related worker injury claims rise on hot days, but the magnitude of the increase is an eye-opener. As temperatures skyrocketed during early summer heat waves across the United States, the Workers Compensation Rese...

Posted: Jul 14, 2025

Flash Floods Once Again Hit Vermont, Damaging Homes and Roads

Insurance Journal

Communities in rural parts of Vermont on Friday woke up once again to damaged homes and washed-out roads due to heavy rainfall and flash flooding, making it the third consecutive summer that severe floods have inundated parts of the state. …

Posted: Jul 14, 2025

People Moves: Victor Names Damico President of Torrent; Alliant Hires Blake as Employee Benefits SVP

Insurance Journal

Victor appoints Damico President of Torrent Victor Insurance named Mark Damico president and chief operating officer of Torrent Technologies, Victor’s flood insurance technology and services business in the U.S. The appointment is effective Jul...

Posted: Jul 14, 2025

Trump Administration Targets George Mason University in Anti-DEI Campaign

Insurance Journal

The Trump administration last Thursday opened a civil rights investigation into the hiring practices at George Mason University, expanding a national campaign against diversity policies to Virginia’s largest public university. The Education Dep...

Posted: Jul 14, 2025

California Schools Facing Billion-Dollar Sex Abuse Payouts ‘Untenable’

Insurance Journal

When Samantha Muñoz was a second grader at Fancher Creek Elementary in Clovis, her teacher told her she “wasn’t that bright” and needed extra help with schoolwork. He’d make her stay in the classroom at recess, or tell her to...

Posted: Jul 14, 2025

DuPont Agrees to $27M Settlement in Polluted Water Lawsuit in Upstate New York

Insurance Journal

HOOSICK FALLS, N.Y. (AP) — Chemical maker DuPont has agreed to a $27 million settlement to resolve a nearly decade-long lawsuit over the contamination of an upstate New York village’s water supply. The deal was announced Wednesday by lawyers re...

Posted: Jul 14, 2025

Tax Hike on Litigation Funders Did Not Make Final Budget Bill

Carrier Management

Tax Hike on Litigation Funders Did Not Make Final Budget Bill When Trump's huge tax bill was signed into law Jul...

Posted: Jul 13, 2025

Zurich Australia secures naming rights to Perth skyscraper

coverager

The landmark building offers premium amenities and will serve as a new hub for Zurich’s WA operations.

Posted: Jul 13, 2025

RiverStone International names Paul Brockman as incoming CEO

coverager

His appointment is effective January 2026, pending regulatory approval.

Posted: Jul 13, 2025

PURE expands home coverage

coverager

Coverage is now available in 20 states, including California, Florida, and New York.

Posted: Jul 13, 2025

Patra appoints Pratap Sarker as CEO

coverager

Founder John Simpson becomes chairman.

Posted: Jul 13, 2025

Mutual of Omaha taps Penn River to launch new annuity

coverager

Mutual of Omaha plans to migrate additional annuity and life products to the Penn River platform.

Posted: Jul 13, 2025

Voya Investment Management announces leadership changes

coverager

The changes reflect Voya’s efforts to transition leadership and build long-term growth under a unified investment structure.

Posted: Jul 13, 2025

Canal Insurance Names Stachura Chief Claims Officer

IIR

Paul Stachura, who brings experience in commercial auto claims, joins Canal Insurance Company as vice president and chief claims officer.

Posted: Jul 13, 2025

Why Insurance AI Projects Fail

IIR

Four steps insurers can take to make their data AI-ready to ensure project success.

Posted: Jul 13, 2025