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Katrina 2005-2025: How Property Policies Changed

Insurance Journal

Hurricane Katrina made landfall on August 29, 2005, with the eye of the Category 3 hurricane centered on Bay St. Louis, Mississippi, though the storm is remembered largely because of the devastation to New Orleans, Louisiana. Over 1,800 people died &...

Posted: Oct 05, 2025

Private Equity vs. Industry Bank Financing

Insurance Journal

As mergers and acquisitions continue to reshape the insurance landscape, independent agency owners face increasingly complex decisions about financing growth. Among the most prominent capital sources are private equity (PE) and industry-focused bank...

Posted: Oct 05, 2025

Being Pleasant Is Key to Success at Small but Growing Southern California Firm

Insurance Journal

By Don Jergler Being pleasant may not sound like it’s part of a recipe for success at a firm operating in a space where people survive and thrive by making sales, but it’s among the core philosophies at Kulchin Ross …

Posted: Oct 05, 2025

Hurricane Katrina Impacts Then and Now

Insurance Journal

I recently read several articles marking the 20th anniversary of Hurricane Katrina. The articles covered a plethora of changes, including ISO form changes, the quality of claims serviced, the enormous financial cost, the unreal people cost, the impro...

Posted: Oct 05, 2025

Industry Reps Back Reauthorization of Federal Terrorism Backstop

Insurance Journal

By Chad Hemenway Michelle Sartain, president Marsh U.S. and Canada, who has worked at Marsh for more than 28 years, encouraged lawmakers on Capitol Hill last month to reauthorize the Terrorism Risk Insurance Act. More than two decades after Marsh &#8...

Posted: Oct 05, 2025

Customers Look to Alternatives as Home Insurance Premiums Rise

Insurance Journal

Homeowners’ insurance rates are rising at a pace not seen in more than a decade, so more customers are asking why they should stay loyal if they perceive their insurer isn’t reciprocating. According to a recent survey from J.D. Power, &#8...

Posted: Oct 05, 2025

Keeping the Independent Agent Channel Prominent in a Volatile Market

Insurance Journal

To say the independent agent–one of the lynchpins of the insurance industry–is operating in challenging and sometimes unforgiving times would be an understatement. Market volatility has remained a defining force for independent agents in...

Posted: Oct 05, 2025

3 Emerging Risks to Watch: Biogenic Materials, Modular Nuclear Reactors, Farm Technology

Insurance Journal

Lately, it seems as though we’re surrounded by discussions about how best to grow the American industrial sector. A key component of this discussion hinges on how to supply and power these industries in both cost-effective and environmentally c...

Posted: Oct 05, 2025

Be a Leader by Listening to Employees and Clients

Insurance Journal

By William Rabb For the second straight year, Brightway Insurance in Ponte Vedra Beach, Florida, has made the list of finalists for the Insurance Journal’s Best Agencies to Work For – Southeast. This year, the agency made it to the &#8230...

Posted: Oct 05, 2025

Six-Month Review

Insurance Journal

An early look by AM Best at the financial results of the U.S. property/casualty industry revealed insurers recorded an estimated $11.2 billion in net underwriting income in the first half of 2025. That’s a significant jump from last year when &...

Posted: Oct 05, 2025

How We’re Harnessing AI for Proactive Risk Management in Workers’ Compensation

Insurance Journal

Over the past decade, the insurance industry has undergone an increasingly rapid transformation, driven by advancements in machine learning, artificial intelligence, and now generative AI technologies. These advancements have enabled insurers to auto...

Posted: Oct 05, 2025

Higginbotham’s Extraordinary Growth Fueled by Recognizing Talent at Every Level

Insurance Journal

By Ezra Amacher It’s not by accident that Higginbotham continually finds itself on the shortlist of best independent insurance agencies to work for. The Fort Worth, Texas-based firm is intentional about every aspect of its business, from being...

Posted: Oct 05, 2025

Best Agencies to Work For 2025

Insurance Journal

The votes are in for the 2025 Best Independent Insurance Agency to Work For survey by Insurance Journal. Employees in 2025 highlighted the importance of competitive salaries, employee benefits, training and education, resources, and other employee pe...

Posted: Oct 05, 2025

DSP Doubles Down on Independence by Developing From Within

Insurance Journal

By Ezra Amacher As president of DSP Insurance Services, Taylor Virgil is proud to say that the Schaumburg, Illinois-based agency has taken the road less traveled. At a time when many agencies of its size are being bought out by …

Posted: Oct 05, 2025

AM Best: Commercial Auto Liability Drags Down Segment, and It Could Get Worse

Insurance Journal

Commercial auto has been a dark cloud hanging over the U.S. property/casualty industry for more than a dozen years–and things are getting worse. Commercial auto has posted an underwriting loss for the 14th consecutive year and has accumulated m...

Posted: Oct 05, 2025

Cleary Insurance: Supportive, Family Atmosphere That Puts Employees and Clients First

Insurance Journal

By Jahna Jacobson Cleary Insurance Inc. is an insurance company with a great team, a winning atmosphere, and a “family vibe.” That’s according to employees who nominated Cleary Insurance Inc., Insurance Journal’s Best Agency t...

Posted: Oct 05, 2025

Louisiana’s Jefferson Parish Improves Flood Rating

Insurance Journal

Residents of Jefferson Parish, Louisiana could soon see a reduction in flood insurance premiums, after the parish improved its class rating for the National Flood Insurance Program (NFIP). Jefferson Parish’s Community Rating System (CRS) will i...

Posted: Oct 05, 2025

Insurers Fighting $345 Million Georgia School Abuse Award, With Policy Wording Again at Issue

Insurance Journal

In one of the longest-running and most-litigated episodes of alleged child sexual abuse at a private school, the key question in a case now before the Georgia Court of Appeals is whether insurers’ recent policies barred coverage for incidents t...

Posted: Oct 05, 2025

Universal North America Adopts AI Tool for Roof Age Accuracy

IIR

The property insurer selected ZestyAI’s technology to improve risk decisions and reduce losses tied to inaccurate roof data.

Posted: Oct 05, 2025

Fletch Enables First Agentic AI Insurance Policy Purchase

IIR

The InsurTech firm completed a production transaction using AI to guide and execute a consumer insurance purchase.

Posted: Oct 05, 2025

Intelligent Automation Reduces Claims Leakage

IIR

Automation helps insurers cut fraud, recover losses, and strengthen compliance while protecting margins and reinforcing trust in the claims process.

Posted: Oct 05, 2025

HappyRobot partners with Tokio Marine

coverager

The affiliation will extend their reach across Virginia, Maryland, Pennsylvania, Delaware, the District of Columbia, and North Carolina, serving policyholders through more than 450 independent agencies.

Posted: Oct 05, 2025

A Lost Art: The Submission Letter

Insurance Journal

In the olden days, before Zoom or Microsoft TEAMS, or even before (gasp) email … when a surety agent would submit an account to a surety underwriter there was this weird thing that would be attached: a submission letter!!!! The …

Posted: Oct 05, 2025

NGL names Frank Robertson as CFO

coverager

National Guardian Life Insurance Company has appointed Frank Robertson as Senior Vice President and Chief Financial Officer.

Posted: Oct 04, 2025

Penn-America Underwriters launches reinsurance MGA

coverager

Penn-America Underwriters operates as a division of GBLI.

Posted: Oct 04, 2025

Entrata expands into insurance

coverager

The partnership extends TAG’s crisis management and food safety expertise to TMHCC – Specialty Group clients.

Posted: Oct 04, 2025

NFP launches Conduzco Seguros with Quálitas

coverager

NFP is expanding its cross-border portfolio with a Spanish-language auto insurance platform.

Posted: Oct 03, 2025

White Mountains to sell Bamboo to CVC

coverager

Conifer Holdings, Inc. was founded in 2009 and listed on the NASDAQ stock market (symbol: CNFR) in 2015.

Posted: Oct 03, 2025

California State University Targeted by EEOC Antisemitism Inquiry

Insurance Journal

Federal officials have opened inquiries into California State University for allegations of antisemitism and claims of racial discrimination tied to a diversity hiring initiative. The U.S. Equal Employment Opportunity Commission has launched an inves...

Posted: Oct 03, 2025

Rise in High-Profile Ransomware Attacks Adds to Airport Chaos

Carrier Management

Rise in High-Profile Ransomware Att...

Posted: Oct 03, 2025

Florida Authorities Nab Theft Ring for Stealing $800,000 Worth of Smoke Detectors

Carrier Management

Florida Authorities Nab Theft Ring for Stealing $800,000 Worth of Smoke Detectors A multi-department operation...

Posted: Oct 03, 2025

Opioid Use Drops While Specialty Drug Costs Surge in Workers’ Compensation

Risk & Insurance

Enlyte report reveals shifting prescription patterns in workers' compensation as pain management evolves. The post Opioid Use...

Posted: Oct 03, 2025