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Berkshire Hathaway Specialty Insurance (BHSI), a provider of commercial property, casualty, and specialty insurance solutions, has launched a Programs business in Canada, which will be led by David Tran. Tran has been appointed Head of Programs, C...
Posted: Aug 06, 2025
Wildfires ravaged vineyards and farms in southern France, leaving one person dead and forcing residents to flee as flames shut roads and cut power to thousands of homes. About 1,800 firefighters, assisted by aircraft, are working to control the outbr...
Posted: Aug 06, 2025
France’s biggest wildfire in about two decades ravaged vineyards and farms in southern France, leaving one person dead and forcing residents to flee. About 2,100 firefighters, assisted by aircraft, are working to control the blaze in the southw...
Posted: Aug 06, 2025
As AI reshapes the risk landscape, insurers, tech firms, and businesses must break down data silos and collaborate to anticipate emerging threats and build safer, smarter systems. The post
Posted: Aug 06, 2025
How to Fix Behavioral Health Coverage Life & Health
Posted: Aug 06, 2025
CatIQ, a Toronto-based independent catastrophe insurance data provider and subsidiary of PERILS, has released its fifth industry loss estimate for the hailstorm that affected Calgary, Alberta, on 5th August 2024, raising the total to CAD 3.29 bill...
Posted: Aug 06, 2025
Connecticut has approved $4.7 million in new funding for a program that helps homeowners, businesses and tenants in the city of Hartford’s neighborhoods recover from flooding. The Hartford Flood Compensation & Relief Programs (HFCRP) was la...
Posted: Aug 06, 2025
In late March, Pamela Moe was at her dining room table, skimming the local paper when something caught her eye. A legal notice, by a company she had never heard of, for a facility near the city of Thomas. Curious, …
Posted: Aug 06, 2025
Gallagher’s Josh Daly emphasizes education, data-driven strategies, and trust to manage public sector insurance risks. The post Brilliance in F...
Posted: Aug 06, 2025
Insurance market conditions remain favourable with most lines of business well priced, and while rates have come down from recent highs, Alex Maloney, CEO of Bermuda-based insurer and reinsurer Lancashire, has said after seven years of aggregate r...
Posted: Aug 06, 2025
A federal judge has granted the request of 20 states to block the Trump administration’s attempt to terminate a multibillion-dollar grant program meant for states’ infrastructure upgrades and disaster mitigation. U.S. District Judge Richa...
Posted: Aug 06, 2025
Resilience, a provider of cyber risk solutions, has appointed James C. Riviezzo as Head of North American Distribution and Strategy. The appointment follows a time of significant growth for Resilience as it continues to expand its enterprise clien...
Posted: Aug 06, 2025
A wildfire in California that has become the biggest fire in the state this year, prompting evacuation orders and threatening hundreds of structures, has grown to 83,933 acres. The fire, which started on Aug. 2 and covers San Luis Obispo …
Posted: Aug 06, 2025
A wildfire in California that has become the biggest fire in the state this year, prompting evacuation orders and threatening hundreds of structures, has grown to 83,933 acres. The fire, which started on Aug. 2 and covers San Luis Obispo …
Posted: Aug 06, 2025
Insurance carriers are facing a growing pressure to modernize by re-examining how they work, make decisions, and engage employees. Enter AI. The post
Posted: Aug 06, 2025
Home insurance firm Hippo reported a 31% year over year increase in revenue to $117 million in the second quarter of 2025, driven by growth in gross earned premium and higher premium retention. Gross written premium rose 16% to $299 million, suppo...
Posted: Aug 06, 2025
Global insured losses from natural catastrophes hit US$80 billion in the first half of 2025, which is almost double the 10-year average between 2015 and 2024 and marks the fifth year in succession when H1 losses have exceeded $US50 billion, …
Posted: Aug 06, 2025
Global insured losses from natural catastrophes hit US$80 billion in the first half of 2025, which is almost double the 10-year average between 2015 and 2024 and marks the fifth year in succession when H1 losses have exceeded $US50 billion, …
Posted: Aug 06, 2025
First half of 2025 sees artificial intelligence-related filings on pace to far exceed 2024 totals, according to a report from Cornerstone Research and Stanford Law School. The post
Posted: Aug 06, 2025
The Retail International division of European insurer Talanx Group has sold its Argentinian and Uruguayan entities to BARBUSS, a global holding company providing a range of insurance, claims management and financing solutions. Both entities are no...
Posted: Aug 06, 2025
Resilience, headquartered in New York City, named James C. Riviezzo as head of North American distribution and strategy. Riviezzo has over 25 years of industry experience, joining Resilience from At-Bay where he served as head of national broker rela...
Posted: Aug 06, 2025
The Baldwin Group, an independent insurance distribution firm, has announced its financial results for the second quarter of 2025, reporting total revenue growth of 11% year-over-year despite a net loss of $5.1 million. The company’s total revenue...
Posted: Aug 06, 2025
Nexus Mutual, a decentralised risk protection platform that provides crypto-native cover, responded swiftly following a smart contract exploit on Arcadia Finance that occurred on July 15, which led to losses of approximately $3.6 million. The expl...
Posted: Aug 06, 2025
American Financial Group, Inc. (AFG) reported net earnings of $174 million for the second quarter of 2025, down from $209 million in the same quarter a year earlier. Net earnings included after-tax non-core losses of $5 million, compared to $6 mil...
Posted: Aug 06, 2025
Joanne Musselle, Group Chief Underwriting Officer (CUO) of specialist insurer and reinsurer Hiscox, has explained that although the Hiscox Re & ILS business saw aggregate rates decline 6% in the first half of the year, the firm did see a ̶...
Posted: Aug 06, 2025
The owners of the cargo ship that crashed into the Francis Scott Key Bridge are suing the company that built the vessel, alleging negligence in the design of a critical switchboard on the ship. Grace Ocean Private and Synergy Marine …
Posted: Aug 06, 2025
Guidewire, a provider of software solutions for the insurance industry, has released Niseko, its latest update aimed at offering insurers improved visibility into financial performance and risk exposure. Niseko provides developers with tools desig...
Posted: Aug 06, 2025
Pan-African reinsurer Continental Reinsurance has promoted Moadh Derbali to Head of Underwriting for its Facultative Business. According to the reinsurer, his “extensive experience in claims handling, field expertise as a loss adjuster, and...
Posted: Aug 06, 2025
Insurance Business Magazine - US
Posted: Aug 06, 2025
Insurance Business Magazine - US
Posted: Aug 06, 2025
Insurance Business Magazine - US
Posted: Aug 06, 2025
Heritage Insurance has reported Q2 2025 net income of $48 million, up from $18.9 million in the prior year quarter, primarily driven by a reduction in losses and loss adjustment expenses and a reduction in other operating expenses, with an increas...
Posted: Aug 06, 2025
WTW, an advisory and broking firm, is working with UK-based health data analytics company Klarity to test whether wearable technology can improve how life insurers assess and price individual risk. Current life insurance underwriting methods typic...
Posted: Aug 06, 2025
UIB International Ltd, the holding company for the UIB Group’s global investments, has announced the sale of its minority shareholding in UIB Insurance Brokers (India) Private Ltd (UIB India) to Edme Services Private Ltd, an affiliate of Samara Ca...
Posted: Aug 06, 2025
Corebridge Financial, an American multinational financial services company, has announced its financial results for the first quarter of 2025, reporting an adjusted pre-tax operating income (APTOI) of $942 million despite a net loss of $660 millio...
Posted: Aug 06, 2025
Optio Group, a specialty managing general agent (MGA), has completed its acquisition of the Luxembourg-based MGA Circles Group (Circles). The transaction, initially announced in October 2024, reportedly marks Optio’s largest acquisition in Europe...
Posted: Aug 06, 2025
GREENWOOD VILLAGE, Colo., Aug. 6, 2025 — Mile High Markets, a specialty commercial auto program administered by Arrowhead General Insurance Agency, Inc. and supported by Arrowhead Programs, is marking 40 years of continuous service in the rental vehi...
Posted: Aug 06, 2025
New Physical Damage coverage now available in Pennsylvania, Ohio, New Jersey, Illinois, California, and Texas; Georgia, Florida, and additional states to follow. Warminster, PA., August 5, 2025 — Reliable Transportation Association (RTA) is a p...
Posted: Aug 06, 2025
Lancashire has reported insurance revenue of $930.1 million for the first half of 2025, an increase of $76 million, or 8.9%, compared to the same period in 2024. Of that total, the reinsurance segment contributed $450.6 million, while the insuranc...
Posted: Aug 06, 2025
Howden Re, the global reinsurance broking arm of Howden Group, has received a full reinsurance license from the Dubai Financial Services Authority (DFSA) to operate from the Dubai International Financial Centre (DIFC), with Julian Samengo-Turner a...
Posted: Aug 06, 2025
Howden Re, the global reinsurance brokerage arm of Howden Group, announced it has secured a full reinsurance license from the Dubai Financial Services Authority (DFSA) to operate from Dubai International Financial Centre, the leading global financial...
Posted: Aug 06, 2025
This post is part of a series sponsored by Old Republic Surety. Antarctica is one of the most remote and isolated places on Earth. As the coldest and windiest continent on the planet according to the United States Antarctic Program, …
Posted: Aug 06, 2025
The Swiss Re Institute has revealed that global insured losses from natural catastrophes hit $80 billion in H1 2025, which is almost double the 10-year average and more than half of the firm’s projected full-year figure of $150 billion. Acco...
Posted: Aug 06, 2025
Arthur J. Gallagher & Co., the Rolling Meadows, Ill.-based broker, announced the acquisition of Australia-based MACK Insurance Services. Terms of the transaction were not disclosed. MACK Insurance Services is a commercial insurance broker with a...
Posted: Aug 06, 2025
Rothesay, a pensions insurance specialist, has completed a £900m buy-in with the National Grid UK Pension Scheme in July 2025, securing the benefits of 7,130 pensioners and their dependents. The transaction brings the total value of the Scheme’s d...
Posted: Aug 06, 2025