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New Mexico Village Rebuilds All Over Again After Record-Breaking Flash

Insurance Journal

The mountain village of Ruidoso returned to the grim rituals of rebuilding after flash flooding and a deadly natural disaster, just one year after wildfire and intense flooding reshaped the popular vacation getaway and its surroundings. Broken tree l...

Posted: Jul 11, 2025

People Moves: Rosenberg & Parker Name Three New Partners

Insurance Journal

Rosenberg & Parker (R&P), headquartered in Wayne, Pennsylvania, named three new partners who join CEO Matt Rosenberg and Sr. Partner Chad Rosenberg as owners. New partner President Jack Rosenberg joined R&P as a producer in 2018 after beg...

Posted: Jul 11, 2025

People Moves: Gaines Named Acting Commissioner at Nevada Division of Insurance

Insurance Journal

The Nevada Department of Business named Ned Gaines acting commissioner at the Nevada Division of Insurance. The appointment follows the departure of Scott Kipper, who had served as commissioner since 2023. Recruitment to fill the position on a perman...

Posted: Jul 11, 2025

People Moves: Rosenberg & Parker Names Three New Partners

Insurance Journal

Rosenberg & Parker (R&P), headquartered in Wayne, Pennsylvania, named three new partners who join CEO Matt Rosenberg and Sr. Partner Chad Rosenberg as owners. New partner President Jack Rosenberg joined R&P as a producer in 2018 after beg...

Posted: Jul 11, 2025

New Mexico Village Rebuilds All Over Again After Record-Breaking Flash Flood

Insurance Journal

The mountain village of Ruidoso returned to the grim rituals of rebuilding after flash flooding and a deadly natural disaster, just one year after wildfire and intense flooding reshaped the popular vacation getaway and its surroundings. Broken tree l...

Posted: Jul 11, 2025

Smith Brothers Has Acquired Charter Oak Agency in Connecticut

Insurance Journal

Glastonbury, Connecticut-based Smith Brothers Insurance LLC announced that it acquired Charter Oak Agency effective July 1, 2025. Charter Oak Agency, an independent insurance agency with offices in Westport and Derby, Connecticut, will retain these l...

Posted: Jul 11, 2025

EPA Orders Cleanup Following Battery Fire at California Energy Storage Facility

Insurance Journal

A company has entered into a settlement agreement with the U.S. Environmental Protection Agency to conduct a cleanup in the wake of a lithium-ion battery fire that occurred at the company’s energy storage facility in San Diego, California. A fi...

Posted: Jul 11, 2025

Politics Surrounding Texas Flooding Underscore Challenges in Replacing FEMA

Carrier Management

Politics Surrounding Texas Flooding Underscore Challenges in Replacing FEMA Just weeks ago, President D...

Posted: Jul 10, 2025

CSU Issues Slight Downgrade in Atlantic Hurricane Season Forecast

Carrier Management

CSU Issues Slight Downgrade in Atlantic Hurricane Season Forecast Weather resear...

Posted: Jul 10, 2025

Tesla to Expand Robotaxis to San Francisco Within Two Months

Carrier Management

Tesla to Expand Robotaxis to San Francisco Within Two Months Tesla w...

Posted: Jul 10, 2025

AI-Driven MGA ‘Augmented UW’ Launches to Serve Smart-Follow Insurance Market

Carrier Management

AI-Driven MGA ‘Augmented UW’ Launches to Serve Smart-Follow Insurance Market Augmented UW Ltd., the AI-drive...

Posted: Jul 10, 2025

Arizona Approves ZestyAI Storm Models for Property-Level Risk Insights

IIR

The state becomes the 19th to authorize the AI platform’s severe convective storm suite designed to help insurers improve underwriting and pricing accuracy.

Posted: Jul 10, 2025

AI Advances Help Address D&O Coverage Gaps

IIR

Jason Bishara of NSI Insurance Group says insurers and distributors face new opportunities as technology enables tailored Directors and Officers coverage for small businesses historically underinsured due to complexity and cost.

Posted: Jul 10, 2025

Can Technology Prevent Disasters Like the Texas Floods?

IIR

Previsico’s Jonathan Jackson discusses how precision flood forecasting offers insurers new tools for risk mitigation, claims reduction, and customer protection.

Posted: Jul 10, 2025

AI Advances Help to Address D&O Coverage Gaps

IIR

Jason Bishara of NSI Insurance Group says insurers and distributors face new opportunities as technology enables tailored Directors and Officers coverage for small businesses historically underinsured due to complexity and cost.

Posted: Jul 10, 2025

Protected: Wide-Ranging Risks

Risk & Insurance

There is no excerpt because this is a protected post. The post Protected: Wide-Ranging Risks appeared first on Risk & Insuranc...

Posted: Jul 10, 2025

Deadly History of Flooding in ‘Flash Flood Alley’ Along Guadalupe River

Insurance Journal

Cindy Manley was a summer camp counselor in 1987 when a different devastating flood scarred the Texas Hill Country. The Heart O’ the Hills camp is on the Guadalupe River, where a massive search continues for more than 160 people …

Posted: Jul 10, 2025

Nebraska Sues GM Over Alleged Unauthorized Collection of Driving Data

Insurance Journal

Nebraska Attorney General Mike Hilgers filed a lawsuit this week alleging General Motors and its telematics service provider OnStar collected driving data without consumers’ knowledge or consent to create driving scores that were later sold to...

Posted: Jul 10, 2025

Michigan Nursing Homes to Pay $4.5M Settlement Over Substandard Care Allegations

Insurance Journal

Michigan Attorney General Dana Nessel announced a $4.5 million settlement with six Detroit-area nursing homes and their ownership companies, Villa Financial Services LLC and Villa Olympia Investment LLC, over allegations that they accepted taxpayer f...

Posted: Jul 10, 2025

Bermuda/US re/insurers maintain underwriting profitability amid high cat losses: Fitch

Reinsurance News

Fitch has released its Peer Credit Analysis for Bermuda/US re/insurers, revealing that all companies maintained underwriting profitability in 2024, despite increases in combined ratios due to higher catastrophe losses. The peer group includes Arch...

Posted: Jul 10, 2025

People Moves: McLarens Appoints Miller as Chief Global Strategy Officer

Insurance Journal

Global claims services provider McLarens has appointed Danny Miller as Chief Global Strategy Officer (CGSO), a newly created role within the firm’s Global Management Team (GMT). This strategic addition to the leadership team reflects McLarens&#...

Posted: Jul 10, 2025

Insurance Fraud Reaches Billions as Traditional Detection Methods Miss Majority of Clues

Risk & Insurance

Carpe Data analysis shows continuous monitoring uncovers fraudulent activity in 8% of injury claims that internal systems failed to flag. The post

Posted: Jul 10, 2025

Arch Insurance North America promotes five senior leaders as Division Presidents

Reinsurance News

Arch Insurance North America has appointed five of its well-established executives to the newly created roles of Division Presidents, effective August 1st, 2025. Linda Fallon has been named Division President of Consumer Business, which includes t...

Posted: Jul 10, 2025

What Flood Insurance Does and Does Not Cover

Insurance Journal

Though natural disasters cycle across seasons and regions in the U.S., it’s often a shocking discovery for property owners how expansive and expensive flood and water damage can be when a major storm devastates their homes, businesses and commu...

Posted: Jul 10, 2025

Global MGA/MGU sector surges to $29.25bn in 2024, Insuramore reports

Reinsurance News

Insuramore, a provider of market intelligence for the insurance industry, has released its latest findings on the size and structure of the global managing general agent (MGA), managing general underwriter (MGU), and coverholder market. According...

Posted: Jul 10, 2025

Stitch raises $3 million

coverager

The Oregon-based startup allows companies to automate workflows across underwriting, claims, and operations.

Posted: Jul 10, 2025

L&G and Blackstone announce partnership

coverager

L&G’s annuities business will leverage Blackstone’s private credit origination platform to access a pipeline of diversified investment-grade assets.

Posted: Jul 10, 2025

Allianz UK partners with Volkswagen Financial Services

coverager

The company hired Benjamin Faerestrand to spearhead LSM’s launch into the HNW market.

Posted: Jul 10, 2025

Honduran Woman Sentenced for Defrauding NorGUARD of Comp Premiums

Insurance Journal

A Honduras woman this week was sentenced to less than two years in federal prison for her role in paying Florida construction workers off the books and avoiding $1.2 million in workers’ compensation premiums and almost $2 million in federal &#8...

Posted: Jul 10, 2025

US Sanctions Target North Korean Fake-Tech-Worker Scheme

Insurance Journal

The US slapped sanctions on individuals and companies linked to a scheme that involves recruiting North Koreans to pose as American tech workers and help fund Kim Jong Un’s regime. The Treasury Department’s Office of Foreign Assets Contro...

Posted: Jul 10, 2025

Roamly gets approved as Lloyd’s of London Coverholder

Reinsurance News

Roamly, a digital insurance technology and solutions provider, has been appointed as a Lloyd’s Coverholder. With this approval, Roamly will be able to underwrite and insure customers directly on Lloyd’s balance sheet, along with being backed by th...

Posted: Jul 10, 2025

US Chamber Report Examines Copyright Value and Piracy Harms

Insurance Journal

Copyright protections don’t just help individuals, they hold up a good part of the U.S. economy, according to a report from the U.S. Chamber of Commerce. The U.S. Chamber of Commerce’s 2023 report highlights industries like architecture,...

Posted: Jul 10, 2025

Chubb and Marsh McLennan CEOs call for urgent litigation reform in the US

Reinsurance News

In a recent op-ed in the Wall Street Journal, Chubb’s CEO Evan Greenberg and Marsh McLennan’s CEO John Doyle highlight the urgent need for litigation reform, particularly third party litigation funding. The piece argues that this funding mechanism...

Posted: Jul 10, 2025

6 Firefighters Injured Battling Fire in 3-Story Building in New Jersey

Insurance Journal

Six firefighters suffered minor injuries in a blaze Thursday that partially collapsed a three-story building in a New Jersey neighborhood, authorities said. The fire in Jersey City, which started at about 1:30 a.m., also spread to nearby buildings, d...

Posted: Jul 10, 2025