All Posts
Insurance Business Magazine - US
Posted: Sep 04, 2025
Climate change made the extreme weather conditions that fueled the wildfires in Portugal and Spain about 40 times more likely to happen and the blazes themselves 30% more intense than if the world hadn’t warmed, research scientists said. The 10...
Posted: Sep 04, 2025
The European private credit market is gaining ground on the US, according to a report from Moody’s Ratings. Over the last several years, the depth of the market in Europe has lagged behind the US, mostly because of regulatory and …
Posted: Sep 04, 2025
Steadfast Group, an Australian insurance broker, has announced the acquisition of a majority stake in Novum Underwriting Partners LLC, an US-based specialty managing general agency (MGA) and wholesale brokerage. Established in Ohio in 2019, the bu...
Posted: Sep 04, 2025
Karen Clark & Company (KCC), a provider of catastrophe risk modelling solutions, has announced the appointment of Dr. Milan Simic as Global Strategy Advisor. In this role, Simic will lead global growth initiatives and manage international clie...
Posted: Sep 04, 2025
Neptune Insurance Holdings Inc., the parent company of Neptune Flood Incorporated, has announced the public filing of a registration statement with the U.S. Securities and Exchange Commission (SEC) for a proposed initial public offering (IPO) of i...
Posted: Sep 04, 2025
A U.S. judge on Wednesday held a three-hour hearing to consider objections to a deal between the Justice Department and Boeing that allows the planemaker to avoid prosecution on a charge stemming from two fatal 737 MAX plane crashes that …
Posted: Sep 04, 2025
A Carrier Management summary of earnings metrics for the year so far reveals a second-quarter average combined ratio of roughly 88, and a year-to-date ratio of just under 92 for a cohort of 27 insurers. Among the group, made up …
Posted: Sep 04, 2025
The European Union’s medicines regulator said on Wednesday there has been a surge in illegal medicines marketed as weight-loss and diabetes medicines online in recent months across the region, and warned about a serious risk to public health. G...
Posted: Sep 04, 2025
With inland flooding, storm surge losses and government cutbacks on the rise, parametric flood insurance may finally be having a moment in Florida and elsewhere in the Southeast. “It’s starting to get some traction. We’re seeing mor...
Posted: Sep 04, 2025
With inland flooding, storm surge losses and government cutbacks on the rise, parametric flood insurance may finally be having a moment in Florida and elsewhere in the Southeast. “It’s starting to get some traction. We’re seeing mor...
Posted: Sep 04, 2025
The U.S. property/casualty insurance industry recorded a net underwriting gain of $11.5 billion and net income of $49.1 billion for the first-half of 2025, according to a new report. “The lack of any significant natural catastrophes in the seco...
Posted: Sep 04, 2025
A chemical leak and fire at a suburban New York beauty products warehouse Tuesday may have been caused by a forklift mishap, officials said, warning neighbors to stay indoors. Commuter trains were temporarily stalled in the area ahead of the …
Posted: Sep 04, 2025
Descartes Underwriting, a specialist in corporate parametric insurance solutions for climate and emerging risks, has appointed Sébastien Bardy to the newly created role of Chief Financial Officer (CFO). Bardy will report to CEO Tanguy Touffut and...
Posted: Sep 04, 2025
A Pennsylvania man has been charged with tricking people into investing money he claimed would be used to buy thousands of automated teller machines, causing more than $400 million of investor losses, U.S. authorities said on Wednesday. Daryl Heller,...
Posted: Sep 04, 2025
U.S. states of California, Oregon and Washington said on Wednesday they have launched a new health alliance to provide unified vaccine recommendations amid growing tensions over federal immunization policies and public health directives. Under the We...
Posted: Sep 04, 2025
South Korea’s largest mobile operator was hit with a fine and stern criticism from the country’s privacy regulator after a cyberattack disclosed in April compromised the data of about half the nation’s population. The Personal Infor...
Posted: Sep 03, 2025
Goldman Sachs Group Inc. is fighting an £8.9 million ($11.9 million) claim from a former compliance manager who won a sex-discrimination ruling that he was unfairly fired after taking six months of paternity leave. Jonathan Reeves, who worked in Gold...
Posted: Sep 03, 2025
The funding will support regulatory expansion, new product development, and deeper partnerships with financial institutions and non-financial brands worldwide.
Posted: Sep 03, 2025
The combined organization will have $1.7+ billion in annual written premium.
Posted: Sep 03, 2025
When a vehicle is in storage, it needs insurance protection, but the needs differ from those of a car that’s driven.
Posted: Sep 03, 2025
Sedgwick’s majority shareholder is The Carlyle Group.
Posted: Sep 03, 2025
New capabilities enhance image and document analysis to support fraud prevention and streamline claims processing.
Posted: Sep 03, 2025
Coiteux will lead revenue strategy and market expansion for the cloud-based P&C software provider.
Posted: Sep 03, 2025
The seed round comes as industry readiness peaks, giving Elysian capital to expand its ‘Claim Conductor’ orchestration and accelerate customer growth.
Posted: Sep 03, 2025
Insurance Information Institute
FOR IMMEDIATE RELEASE: New York Press Office: (212) 346-5500; [email protected] MALVERN, Pa., Sept. 4, 2025 - An analysis published today by the Insurance Information Institute (Triple-I) revealed an estimated $42.8 billion in excess litigation value fro...
Posted: Sep 03, 2025
The new form expands terms and introduces coverage extensions tailored to modern construction projects.
Posted: Sep 03, 2025
A disciplined contrarian review process helps insurers uncover fragile assumptions in AI, cloud, and core system projects before they cause costly failures.
Posted: Sep 03, 2025
Young adults are entering their prime working years and reaching major life milestones—buying a house, … Read more
Posted: Sep 03, 2025
Relation Insurance Services announced their acquisition of the assets of Joseph M. Wiedemann & Sons, Inc. (JMWS). The transaction went into effect on August 1, 2025; terms of the transaction were not disclosed. JMWS, a fourth-generation family-ow...
Posted: Sep 03, 2025
U.S. P/C Insurance Industry First-Half Underwriting Profit Triples The U.S. property/casualty ins...
Posted: Sep 03, 2025
Apollo CEO David Ibeson and the management team will join Skyward Specialty.
Posted: Sep 03, 2025
The program begins September 10 in Valencia.
Posted: Sep 03, 2025
Ventis is a commercial and residential real estate MGA.
Posted: Sep 03, 2025
Tokio Marine already uses Salesforce for core operations.
Posted: Sep 03, 2025
MDP will acquire the businesses for a total consideration estimated to be $2.7 billion at the time of close.
Posted: Sep 03, 2025
Tropolis Insurance Services said it has completed eight agency acquisitions across the United States. Terms of the transactions were not disclosed. The tech-enabled brokerage providing property/casualty and employee benefits solutions out of Ann Arbo...
Posted: Sep 03, 2025
Facing increasing cyber risk exposure across their portfolios, private equity firms are tightening cybersecurity expectations, improving governance, and reevaluating insurance coverage. The post
Posted: Sep 03, 2025
One person was killed and three were injured when two small planes collided midair as they tried to land at an airport in northeastern Colorado, authorities said. A Cessna 172 and an Extra Flugzeugbau EA300 collided Sunday morning while trying …...
Posted: Sep 03, 2025
The insurance industry's future relies on attracting purpose-driven, tech-savvy talent and investing in people. The post The Future of Insurance Isn&#...
Posted: Sep 03, 2025
‘Do Not Drive’ Recalls Spike 65% Since Summer 2024 The nu...
Posted: Sep 03, 2025
What happens when a lifetime of insurance expertise is on the verge of walking out the door? At WAHVE (which stands for Work At Home Vintage Experts), we’ve built our business on ensuring that the industry doesn’t lose this invaluable ...
Posted: Sep 03, 2025
Everest Reinsurance, the reinsurance division of Everest Group, has announced the appointment of Jiten Voralia as Chief Underwriting Officer (CUO) for Global Reinsurance, effective immediately. Voralia will be succeeding Chris Downey, who was rece...
Posted: Sep 03, 2025
New Zywave survey reveals disconnects between evolving client expectations and broker delivery across employee benefits and commercial insurance. The post
Posted: Sep 03, 2025
Insurance Business Magazine - US
Posted: Sep 03, 2025