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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 Prolonged wind events that unleash heavy rainfall...
Posted: Aug 04, 2025
Data Suggests 60% of Enterprise Firewalls Fail Compliance Checks New data derived from FireMon custo...
Posted: Aug 04, 2025
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 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
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
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
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
This edition of International People Moves details appointments at Berkshire Hathaway Specialty Insurance and Aspen Insurance Holdings. A summary of these new hires follows here. BHSI Launches Program Business in Canada Led by Tran Berkshire Hathaway...
Posted: Aug 04, 2025
This edition of International People Moves details appointments at Berkshire Hathaway Specialty Insurance (BHSI) and Aspen Insurance Holdings. A summary of these new hires follows here. BHSI Launches Program Business in Canada Led by Tran Berkshire H...
Posted: Aug 04, 2025
Applied Systems, a provider of cloud-based insurance software and services, has released its second-quarter 2025 edition of the Applied Commercial Index, offering detailed insights into premium renewal trends across Canada’s commercial insur...
Posted: Aug 04, 2025
The Senate confirmed Andrea Lucas to another term as commissioner of the country’s workplace civil rights agency, demonstrating firm Republican support for her efforts to root out diversity programs, roll back protections for transgender worker...
Posted: Aug 04, 2025
United Risk has acquired specialized property/casualty managing general agent Verita CSG, Inc. from global risk advisor WTW and rebranded the venture as Verist LLC. Industry veteran Michael Chang will become CEO of Verist, now based at 50 Rockefeller...
Posted: Aug 04, 2025
FortressFire, a provider of wildfire analytics and property-specific wildfire risk management services, has announced the appointment of Hemant Shah as the company’s vice chairman of the board and senior advisor. Shah, considered a pioneerin...
Posted: Aug 04, 2025
Insurance industry intermediary, Specialist Risk Group (SRG), has completed the previously announced acquisition of German broker Ecclesia’s businesses in the Netherlands and Belgium, marking its formal entry into mainland Europe. The acquired bus...
Posted: Aug 04, 2025
Technology Transforms Independent Insurance Agencies Agent & Broker
Posted: Aug 04, 2025
Matthew Washington has been appointed CEO of Probitas 1492, a specialist Lloyd’s syndicate focused on property, casualty and specialty re/insurance, owned outright by UK insurer Aviva following its acquisition in mid‑2024. Washington assumes the n...
Posted: Aug 04, 2025
CEDARTOWN, Ga. (AP) — A federal receiver is on the hunt to recover $140 million lost in an alleged Ponzi scheme that benefited some Republicans in the top ranks of their party in Georgia and Alabama. He’s looking to claw …
Posted: Aug 04, 2025
How AI Is Reshaping Risk Management Risk Management
Posted: Aug 04, 2025
A wildfire in California has prompted evacuation orders and threatened hundreds of structures. The wildfire has grown to 65,062 acres, and was only 3% contained. Firefighters have been battling the Gifford fire in Santa Barbara and San Luis Obispo Co...
Posted: Aug 04, 2025
Corebridge Financial, Inc. has announced the successful closure of the largest portion of its previously announced reinsurance agreement with Corporate Solutions Life Reinsurance Company, an insurance subsidiary of Venerable Holdings, Inc. The tra...
Posted: Aug 04, 2025
Mississippians have until Tuesday to intervene in a proposal for a natural gas pipeline that would span nearly the full width of the state. The pipeline, called the “Mississippi Crossing Project,” would start in Greenville, cross through...
Posted: Aug 04, 2025
USI Insurance Services announced the acquisition of Miami, Oklahoma-based Rogers Insurance Center. Founded in 1997, Rogers Insurance Center is an independent brokerage firm specializing in commercial and personal risk insurance programs. Terms of the...
Posted: Aug 04, 2025
CyberCube, a provider of cyber risk analytics for the insurance sector, has entered into a strategic partnership with Wholesure, the wholesale brokerage arm of Acrisure, a global fintech and insurance brokerage firm. As part of the collaboration,...
Posted: Aug 04, 2025
The U.S. Department of Labor has cited an Appleton, Wisconsin paper products manufacturer for allegedly exposing employees to dangerous energy and machine guarding hazards after an employee suffered two finger-tip amputations. Investigators with the...
Posted: Aug 04, 2025
The Texas Senate on Friday approved its second attempt to ban hemp-derived THC, setting up a showdown with the House, where hemp industry members say they’ll be getting more support. Senate Bill 5 by Sen. Charles Perry, R-Lubbock passed the ...
Posted: Aug 04, 2025
TNT Crane & Rigging, Inc., one of the largest crane service providers in North America, will pay $525,000 and furnish other relief to settle a racial harassment and retaliation lawsuit filed by the U.S. Equal Employment Opportunity Commission (EE...
Posted: Aug 04, 2025
Chemours, DuPont and Corteva have agreed to pay $875 million over 25 years to the State of New Jersey to settle environmental claims including pollution linked to PFAS, or “forever chemicals,” the companies said on Monday. Lawsuits accusi...
Posted: Aug 04, 2025
Brown& Brown, an insurance brokerage and risk management firm, has completed its previously announced acquisition of RSC Topco, Inc., the holding company for Accession Risk Management Group, Inc. The deal, first announced in June 2025, was fin...
Posted: Aug 04, 2025
GEICO was the only one of Berkshire Hathaway’s major property/casualty reporting divisions to post higher underwriting profit in the second quarter of 2025. But a 2% rise in underwriting profit for the personal auto insurance operation was not...
Posted: Aug 04, 2025
High Noon announced a recall of vodka seltzer drinks that it says were mislabeled as Celsius energy drinks, according to a posting on the U.S. Food and Drug Administration’s website. “Consumption of the liquid in these cans will result in...
Posted: Aug 04, 2025
Chicago-domiciled insurer CNA Financial Corporation reported net income of $299 million for the second quarter of 2025, down from $317 million in the same period last year. Core income in Q2’25 rose to $335 million, up from $326 million in Q2’24....
Posted: Aug 04, 2025
Atrium, a specialty insurance group at Lloyd’s, has entered the weather and climate insurance market with the appointment of weather insurance veteran Dr Ed Byrns as of Weather & Climate. Led by Byrns, the Weather and Climate Insurance team wi...
Posted: Aug 04, 2025
Aspen Insurance Holdings Limited has announced the appointment of Ryan Cushway as Head of International and UK Casualty Insurance, a newly established position effective August 1, 2025. Cushway, who joined Aspen in 2017, has held several senior un...
Posted: Aug 04, 2025
Aon has called for a coordinated, whole-of-government approach to regulating artificial intelligence amid a rapidly evolving risk landscape, urging the establishment of a national policy framework to ensure insurability and effective risk manageme...
Posted: Aug 04, 2025
Everest Insurance International, a division of Bermuda-based insurer and reinsurer Everest Group, Ltd., has appointed James McPartland as Head of Property, Asia. McPartland brings over 15 years of industry experience to the role. He joined Everest...
Posted: Aug 04, 2025
A small earthquake rattled the New York metropolitan area Saturday night. The U.S. Geological Survey said the tremor had a magnitude of 3.0. It hit in the New Jersey suburb of Hasbrouck Heights, less than 8 miles (13 kilometers) west …
Posted: Aug 04, 2025
Bermuda-based carrier SiriusPoint has reported a rise in core underwriting income to $67.6 million for the second quarter of 2025, compared with $36.9 million a year earlier, as catastrophe losses decreased and favorable prior year loss reserve de...
Posted: Aug 04, 2025
The European Court of Justice on Friday dealt a blow to environmental groups trying to stop wind farms from being built in Spain’s northwestern Galicia region, in a ruling affecting billions of euros of investment. Companies developing wind far...
Posted: Aug 04, 2025
Saudi Reinsurance Company (Saudi Re) has reported a net profit after zakat attributable to shareholders of SAR 52.6 million for the second quarter of 2025, representing a 20.9% increase compared to the same quarter a year earlier. The company attr...
Posted: Aug 04, 2025
South Africa is studying whether some of its largest cities should take out flood insurance after a series of disasters in recent years led to bailouts from the government. The insurance being considered is parametric, a type of cover that …
Posted: Aug 04, 2025
Jeffrey Jones has joined Mercury Insurance, a property and casualty insurer, as Vice President & Chief Reinsurance Officer, a newly created role, following a 30-year tenure as a reinsurance broker at Aon. The executive’s arrival comes at a tim...
Posted: Aug 04, 2025