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Lemonade introduces standalone buildings insurance for UK homeowners

Reinsurance News

Lemonade, a digital insurance provider using AI and operating with a focus on social impact, has introduced a buildings-only Homeowners insurance product in the UK. This launch adds to the company’s existing UK offerings and reflects its gradual e...

Posted: Aug 05, 2025

Trump Media CEO Nunes Loses Defamation Lawsuit Over Rachel Maddow Show

Insurance Journal

A federal judge dismissed a defamation lawsuit by Devin Nunes, the former California congressman and now chief executive of Trump Media and Technology Group, against NBCUniversal over a comment by Rachel Maddow about his dealings with a suspected Rus...

Posted: Aug 05, 2025

US Weather Boss During ‘Sharpiegate’ Nears Return to NOAA

Insurance Journal

Days after floods killed at least 135 people in Texas Hill Country, weather scientist Neil Jacobs appeared before a Senate committee as the nominee to lead the US agency that oversees forecasting. He vowed to create a cutting-edge weather modeling &#...

Posted: Aug 05, 2025

Fla. Insurance Agent Charged With Premium Theft Now in Prison, Has Paid Restitution

Insurance Journal

A high-profile southwest Florida insurance agent who pleaded “no contest” to absconding with thousands of dollars in premiums has been sentenced to just over a year in prison. Reid J. McDaniel, 33, of North Fort Myers, was charged a year...

Posted: Aug 05, 2025

Trump Media CEO Nunes loses defamation lawsuit over Rachel Maddow show

Insurance Journal

A federal judge dismissed a defamation lawsuit by Devin Nunes, the former California congressman and now chief executive of Trump Media and Technology Group, against NBCUniversal over a comment by Rachel Maddow about his dealings with a suspected Rus...

Posted: Aug 05, 2025

California Defense Contractor and Private Equity Firm to Pay $1.75M Over Cybersecurity

Insurance Journal

Two California companies agreed to pay $1.75 million for failing to comply with cybersecurity requirements in an Air Force contract. Defense contractor Aero Turbine Inc., in Stockton, California, and private equity company Gallant Capital Partners LL...

Posted: Aug 05, 2025

People Moves: Aon Promotes West CCO Yim to Northern California Market Leader

Insurance Journal

Aon named Shelley Yim Northern California market leader. Yim has more 15 years of experience at Aon, currently serving as chief client officer for the West Region. She previously held regional leadership roles and managed global risk management clien...

Posted: Aug 05, 2025

Arch expands capabilities in India with two new offices and plans for a third

Reinsurance News

Bermuda-headquartered insurer and reinsurer Arch Capital Group Ltd. has opened two new “global capabilities centres” in India at Trivandrum and Pune. These centres will enhance Arch’s ability to service its insurance, reinsurance and m...

Posted: Aug 05, 2025

Optimal Coordination

Risk & Insurance

Poor care coordination after workers' comp surgery worsens recovery by adding stress to already fragmented healthcare delivery. The post Optimal Coordination appeared first on...

Posted: Aug 04, 2025

Parrish Named CEO of Howden U.S., Is Sued by Former Employer Marsh

Insurance Journal

Mike Parrish has been named the chief executive officer of Howden U.S., a new U.S. retail broking business of Howden, and he will start in September subject to his “fulfillment of relevant contractual obligations.” Meanwhile, Parrish—prev...

Posted: Aug 04, 2025

Parrish Named CEO of Howden US, Is Sued by Former Employer Marsh

Insurance Journal

Mike Parrish has been named the chief executive officer of Howden U.S., a new U.S. retail broking business of Howden, and he will start in September subject to his “fulfillment of relevant contractual obligations.” Meanwhile, Parrish—prev...

Posted: Aug 04, 2025

GM Insurance launches in Florida

coverager

Coverage is now available in 18 states.

Posted: Aug 04, 2025

GEICO ends Q2 with $1.8 billion profit

coverager

Premiums written increased $545 million in the second quarter and $1.3 billion in the first six months of 2025.

Posted: Aug 04, 2025

NiCE acquires Cognigy

coverager

Separately, Staysure is using NiCE’s CXone Mpower platform to streamline operations and enhance customer support across Europe.

Posted: Aug 04, 2025

Berkshire Hathaway Specialty Insurance launches program business in Canada

coverager

The company announced its entry into the programs market in Canada and named David Tran as Head of Programs, Canada.

Posted: Aug 04, 2025

Employee Navigator completes $100 million funding round

coverager

The minority investment was used in a subsequent $120 million tender offer to provide liquidity to existing shareholders.

Posted: Aug 04, 2025

CyberCube partners with Wholesure

coverager

Wholesure will license CyberCube’s Broking Manager and CyberConnect solutions.

Posted: Aug 04, 2025

Reliable Transportation Association Launches Lloyd’s Backed Physical Damage Program for Commercial A...

coverager

The program is underwritten by Lloyd’s of London and expands RTA’s commercial auto insurance solutions to include coverage for owner-operators and fleets against losses from collisions, rollovers, theft, vandalism, and weather-related events.

Posted: Aug 04, 2025

Atrium launches weather & climate insurance unit

coverager

Atrium is a specialty insurance group at Lloyd’s and a subsidiary of CRC Group.

Posted: Aug 04, 2025

Howden to build U.S. retail broking business

coverager

The company announced the appointment of Mike Parrish as Chief Executive Officer, Howden U.S., and of Jim Hays as Vice Chairman, Howden Group Holdings.

Posted: Aug 04, 2025

United Risk acquires Verita CSG from WTW

coverager

The MGU was launched in October 2023 to provide coverage to the real estate, hospitality & leisure, finance, and professional services industries.

Posted: Aug 04, 2025

London Underwriters Partners with LIO Insurance to Revolutionize Specialty P&C Access Through LU ONE...

coverager

Hallandale, FL – August 4th 2025 London Underwriters, a leading wholesale insurance broker, is excited to announce their newest partnership with LIO Insurance, a specialty insurance company recognized for its...

Posted: Aug 04, 2025

Navigating Delegation of Authority Software for Large Enterprises: Why Specialized Platforms Like Ap...

coverager

Despite its importance, delegation continues to be managed by many enterprises through legacy tools such as spreadsheets, SharePoint folders, and generic workflow modules appended to broader platforms.

Posted: Aug 04, 2025

Q&A with Brandon Ellison

coverager

QBE is the first insurer to partner with Humanity Insured.

Posted: Aug 04, 2025

Linqura AI Promotes Ryan Hanley to President

IIR

Hanley will oversee operations and drive growth strategy for the Hartford-based commercial insurance technology firm.

Posted: Aug 04, 2025

New York Life Group Benefit Solutions Joins Employee Navigator Platform

IIR

The integration aims to streamline benefits administration for brokers, employers, and employees through Employee Navigator’s Data Exchange.

Posted: Aug 04, 2025

Let's Not Get Carried Away

Insurance Thought Leadership

Let's Not Get Carried Away PaulCarroll Mon, 08/04/2025 - 19:49 Recent articles by a Wall Stree...

Posted: Aug 04, 2025

TO LICENSE OR NOT TO LICENSE: THAT IS THE QUESTION

Rough Notes

The do’s and don’ts when assigning tasks between licensees and non-licensees When in doubt, require every client-facing position to hold an appropriate license and always check with an attorney … for guidance. By Cheryl Koch, CPCU, ARM, AAI, ACSR, AF...

Posted: Aug 04, 2025

Court Limits Attorney-Client Privilege Claims in Insurance Discovery Case

Risk & Insurance

Federal judge orders insurers to produce internal documents while allowing redaction of legal advice, clarifying privilege boundaries for claims handling. The post

Posted: Aug 04, 2025

The Three Hidden Profit And Agency Valuation Drains

Rough Notes

Is your agency aware that these could be happening?  If you’re primarily concerned about valuation, what steps are you taking to drive growth and increase profits? By Roger Sitkins After lengthy conversations with my Private Client Group members and...

Posted: Aug 04, 2025

Federal Court Rules Insured Cannot Dismiss Coverage Case When Recoupment Agreement Exists

Risk & Insurance

Federal ruling establishes that recoupment agreements are binding contracts that preserve insurers' rights to judicial coverage determinations, even after underlying claims settle. The post

Posted: Aug 04, 2025

HEIGHTENED RISK PRACTICES

Rough Notes

Factors to consider while proactively and strategically planning mitigation for losses attributable to escalating property risks By Jeffrey C. Terry and Jason Trahan Catastrophic risk models are evolving rapidly. Such disastrous evidence manifested w...

Posted: Aug 04, 2025

PIVOTING TO SUCCESS

Rough Notes

Young employee benefits leader oversees firms expansion and initiatives By Christopher W. Cook In the insurance industry, certain dedicated young professionals stand out among their peers and are members of an elite squad of individuals. These are th...

Posted: Aug 04, 2025

Derechos Are Uncommon But Destructive Weather Events

Carrier Management

Derechos Are Uncommon But Destructive Weather Events Prolonged wind events that unleash heavy rainfall...

Posted: Aug 04, 2025

Data Suggests 60% of Enterprise Firewalls Fail Compliance Checks

Carrier Management

Data Suggests 60% of Enterprise Firewalls Fail Compliance Checks New data derived from FireMon custo...

Posted: Aug 04, 2025

Pennsylvania Court Affirms Workers’ Comp Eligibility for Nurse Terminated Over Vaccine Refusal

Risk & Insurance

The Commonwealth Court of Pennsylvania held that a nurse fired for refusing a COVID-19 vaccination is still entitled to workers' compensation benefits for a prior injury, clarifying the intersection of workplace vaccine mandates and post-injury te...

Posted: Aug 04, 2025

Beijing Faces More Torrential Rainfall Days After Deadly Floods

Insurance Journal

Beijing is getting drenched by another round of heavy rain, one week after torrential downpours across parts of the Chinese capital unleashed flooding that claimed at least 44 lives. The city’s meteorological service elevated its rainstorm warn...

Posted: Aug 04, 2025

Business Moves: Specialist Risk Group Acquires Ecclesia’s Dutch and Belgian Operations; Optio Comple...

Insurance Journal

Specialist Risk Group Acquires Ecclesia’s Dutch and Belgian Operations Specialist Risk Group (SRG), the London-based global insurance intermediary, announced it has completed the acquisition of German broker Ecclesia’s businesses in the N...

Posted: Aug 04, 2025

People Moves: Liberty GTS Names Remsen Head of East, Americas; Black Named National Property Leader...

Insurance Journal

Liberty GTS Appoints Remsen Head of East in the Americas Region Liberty Global Transaction Solutions (GTS), part of Liberty Mutual Insurance, promoted Jason Remsen to head of East, Americas. He will be based in New York City. Remsen has experience &#...

Posted: Aug 04, 2025

US captive insurance firms continue to outpace commercial market peers: AM Best

Reinsurance News

According to AM Best, the longstanding factors behind the captive composite’s outperformance of the broader commercial lines market remain intact, namely, effective claims and risk management, strict control over operating costs, and a disciplined...

Posted: Aug 04, 2025