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World Court Is Poised to Mark Future Course of Climate Litigation

Insurance Journal

The United Nations’ highest court will deliver an opinion on Wednesday that is likely to determine the course of future climate action across the world. Known as an advisory opinion, the deliberation of the 15 judges of the International Court...

Posted: Jul 23, 2025

Texas Senate Doubles Down on THC Ban

Insurance Journal

The Texas Senate is doubling down with its attempt to ban hemp-derived THC, setting up another showdown with the House, where lawmakers are more amenable to regulating the substance than eliminating it from recreational use. Senate Bill 5 by Sen. &#8...

Posted: Jul 23, 2025

S&P: Toa Re’s operating performance shows clear signs of recovery

Reinsurance News

S&P Global Ratings, a credit rating agency, has affirmed its A/Stable ratings on Toa Reinsurance Group’s core subsidiaries, reflecting a firm view that the group’s operating performance is improving, with signs of profitability returning after...

Posted: Jul 23, 2025

Big I: Independent Agencies’ Market Share Shows Small Decline

Insurance Journal

The independent agency channel placed 61.5% of all property/casualty insurance written in the U.S. in 2024, a slight decline from 2023 where independent agents placed 62.2% of property/casualty lines nationwide. That’s according to the 2025 Mar...

Posted: Jul 23, 2025

Italy’s Top Court Says Climate Case Against Eni Can Continue

Insurance Journal

A climate change case against Italian energy group Eni can continue, the country’s top appeals court has ruled, in a jurisdiction case that had been raised by environmental groups Greenpeace Italia and ReCommon. The judgment, which the two orga...

Posted: Jul 23, 2025

AI Should Run on 100% Renewable Energy by 2030, UN Chief Says

Insurance Journal

Major tech firms should commit to fully powering data centers with renewable energy by 2030, said United Nations Secretary-General António Guterres. Big tech also must be responsible in its use of water for cooling, Guterres said Tuesday in New York...

Posted: Jul 23, 2025

‘We’ll Have to See How This Plays Out,’ Says CEO Berkley on MGA Competitors

Insurance Journal

The leader of W.R. Berkley Corp. has seen it before—some version of the MGA movie in which delegated underwriting authority is given to market participants whose ambitions aren’t always aligned with capacity providers. President and Chief Execu...

Posted: Jul 23, 2025

11th Circuit Upholds $1.75M Verdict Against Church Mutual on Georgia Roof Claim

Insurance Journal

Central Baptist Church of Albany, Georgia, suffered roof damage during a hailstorm in 2014. Its insurance carrier, Church Mutual Insurance, determined that the roof had only minor damage that could be repaired. It offered $2,300 for the work. After t...

Posted: Jul 23, 2025

People Moves: Wolfenberger Joins Alliant as VP in California

Insurance Journal

Steve Wolfenberger joined Alliant Insurance Services, headquartered in Irvine, California, as vice president within its employee benefits group. Based in California, Wolfenberger focuses on delivering customized benefits strategies for mid-sized empl...

Posted: Jul 23, 2025

Heffernan Insurance Brokers Acquires Pac Global Insurance Brokerage, Inc.

Insurance Journal

Heffernan Insurance Brokers has acquired Pac Global Insurance Brokerage and formally added marine cargo expertise to its suite of services. Located in El Segundo, California, Pac Global joined as Heffernan’s marine cargo specialty practice on A...

Posted: Jul 23, 2025

Novatae appoints Anju Arora VP of data, business intelligence & innovation

Reinsurance News

Novatae Risk Group, a managing general agent (MGA) and underwriting manager, has announced the appointment of Anju Arora as Vice President of data, business intelligence and innovation, a newly created role. Arora has been tasked with driving Nova...

Posted: Jul 23, 2025

New Hampshire Gunmaker Immunity Law Could Factor Into Sig Sauer Lawsuit

Insurance Journal

A 2-month-old law in New Hampshire that makes it harder to sue gunmaker Sig Sauer was discussed in court Monday, but it hasn’t yet been incorporated into the latest case accusing the company of negligence. Attorneys for Sig Sauer argue …

Posted: Jul 23, 2025

Homes Charred to Rubble in LA Fires Are Given New Life Through Recycling

Insurance Journal

Candace Frazee recently walked through the burnt remains of The Bunny Museum, searching for anything that could be salvaged before workers cleared the land. The Eaton Fire in Southern California in January scorched more than 60,000 bunny objects and...

Posted: Jul 23, 2025

8th Circuit Upholds Verdict Against Nebraska Trucking Company in ADA Violation Case

Insurance Journal

The 8th U.S. Circuit Court of Appeals affirmed a judgment in favor of the U.S. Equal Employment Opportunity Commission (EEOC) and against Omaha, Nebraska-based Werner Trucking on July 10, the EEOC announced last week. The EEOC’s lawsuit alleged...

Posted: Jul 22, 2025

Chubb Q2 Net Income Jumps 33% on Premium Growth, Underwriting

Insurance Journal

Chubb followed up a challenging first quarter due to the California wildfires with second quarter net income of nearly $3 billion, up about 33% compared to the same quarter a year ago. Second quarter P/C underwriting income was up 15% …

Posted: Jul 22, 2025

Neutrinos Unveils AI Agent Library for Insurers

IIR

The enterprise-ready library includes more than 50 AI agents designed to streamline insurance operations across claims, underwriting, servicing, and distribution.

Posted: Jul 22, 2025

AXA XL Names Ed Totten Head of Construction Casualty

IIR

Totten assumes leadership of both primary and excess casualty lines as AXA XL consolidates its construction insurance offerings.

Posted: Jul 22, 2025

Duck Creek Finds Its Voice for the AI Era

IIR

With the appointment of Tyler Jones as CMO, the prominent core systems provider plans to raise its profile in cloud and AI.

Posted: Jul 22, 2025

AXA XL consolidates casualty insurance for contractors

coverager

Totten brings over 20 years of construction and casualty insurance experience to his new role.

Posted: Jul 22, 2025

Aviva launches enhanced freight liability insurance

coverager

The updated proposition now offers greater flexibility.

Posted: Jul 22, 2025

High tech/high touch: reimagining the future of insurtech

coverager

This article was originally published via Business Reporter. Find the original article here.  In a rapidly evolving industry, designing a future of insurtech where agents remain at the heart of...

Posted: Jul 22, 2025

Quility Expands Pathfinder, Brings First-of-Its-Kind Illustration Tool to Market

coverager

Quility has enhanced its illustration software, Quility® Pathfinder™.

Posted: Jul 22, 2025

Native introduces Native Risk Collective

coverager

The new initiative is backed by Lloyd’s underwriters Mosaic Insurance and Chaucer Group.

Posted: Jul 22, 2025

Counterpart launches allied healthcare product

coverager

The MGA shared that it placed more than 20,000 policies through its network of over 2k brokers.

Posted: Jul 22, 2025

Lawsuit Says Clorox Hackers Got Passwords Simply by Asking

Insurance Journal

Bleach maker Clorox said Tuesday it has sued information technology provider Cognizant over a devastating 2023 cyberattack, alleging that the hackers pulled off the intrusion simply by asking the tech company’s staff for employees’ passwo...

Posted: Jul 22, 2025

Authors Suing Anthropic Can Band Together in Copyright Suit, Judge Rules

Carrier Management

Authors Suing Anthropic Can Band Together in Copyright Suit, Judge R...

Posted: Jul 22, 2025

Last Week’s Alaskan Earthquake One of Several in Recent Years

Carrier Management

Last Week’s Alaskan Earthquake One of Several in Recent Years Wednesday's magnitude 7.3 earthquake off Alaska's Aleutian Islands chain struck in a region that has experienced a handful of powerful quakes within the last five years — including one tha...

Posted: Jul 22, 2025

‘We’ll Have to See How This Plays Out,’ Says CEO Berkley on MGA Competitors

Carrier Management

‘We’ll Have to See How This Plays Out,’ Says CEO Berkley on MGA Competitors The leader of W.R. Ber...

Posted: Jul 22, 2025

Deadly Crash Prompts NTSB Reminder to Put Cell Phone Down While Driving

Carrier Management

Deadly Crash Prompts NTSB Reminder to Put Cell Phone Down While Driving Earlier this month, the NTSB ur...

Posted: Jul 22, 2025

A Third of Americans Haven’t Prepared Financially for a Natural Disaster: Survey

Carrier Management

A Third of Americans Haven’t Prepared Financially for a Natural Disas...

Posted: Jul 22, 2025

Cyber Insurance, Decoded

Insurance Thought Leadership

Cyber Insurance, Decoded Cyber PaulCarro...

Posted: Jul 22, 2025

Aviation Industry Faces Challenges in Long-Term Preparedness for Emerging Risks

Risk & Insurance

WTW survey of 130 senior aviation leaders reveals only 29% believe their business models will be resilient to withstand emerging risks a decade from now. The post

Posted: Jul 22, 2025

Demex reopens aggregate loss reinsurance market for frequent storm losses with new solution

Reinsurance News

Demex, a climate risk MGA and data analytics firm based in Washington, D.C., is driving a shift in how the reinsurance industry handles the financial burden of severe convective storms (SCS). With a new aggregate, working-layer reinsurance structu...

Posted: Jul 22, 2025

Business Moves: Coverys Agrees to Sell Italy MGA to AnaCap-Backed Edge Group; Portuguese Insurance B...

Insurance Journal

Coverys, the Boston-based medical professional liability and healthcare insurer, has signed an agreement for the sale of its Italian managing general agent, AEC Agenzia di Assicurazione e Riassicurazione SpA (AEC), to Edge Group, a leading Italian in...

Posted: Jul 22, 2025