All Posts

Washington Excavator Fined $140K for Workplace Safety Violations

Insurance Journal

A Clark County, Washington excavating company was fined $140,500 for knowingly putting workers in danger after a Washington Labor & Industries inspector witnessed employees pulling co-workers out of a 12-foot-deep trench where they were installin...

Posted: Sep 19, 2025

UK Teenager Charged by US for Role in Yearslong Hack Spree

Insurance Journal

The US Justice Department accused a British teenager on Thursday of engaging in a yearslong spree of cyberattacks that targeted 47 American organizations and netted more than $100 million in ransom payments. Thalha Jubair, 19, from London, participat...

Posted: Sep 18, 2025

Transforming Insurance with Heritage Systems and Agentic AI

Risk & Insurance

By preserving the strengths of heritage systems while leveraging the power of agentic AI, insurers can conquer capability debt, streamline processes, and unlock new opportunities for growth. The post

Posted: Sep 18, 2025

BHSI’s Jill Salmon on AI, Social Inflation, and the Future of Professional Liability

Risk & Insurance

Social inflation, AI adoption, and product innovation are shaping the future of the professional liability market. The post

Posted: Sep 18, 2025

Inside Plymouth Rock’s Push to Modernize Claims with AI

IIR

Generative AI is accelerating claims modernization at Plymouth Rock, cutting training times, strengthening FNOL, and transforming customer interactions.

Posted: Sep 18, 2025

Banks Should NOT be Asking for Additional Insured Status

Insurance Journal

We welcome back to the Academy Journal Christopher Boggs, Chief Consultant with Boggs Risk & Insurance Consulting. Banks (well, their attorneys or risk managers) are making improper requests of commercial borrowers. I’ve said what I’v...

Posted: Sep 18, 2025

Want to Stay Motivated? Think About Time, Not Money

Carrier Management

Want to Stay Motivated? Think About Time, Not Money When struggling to achieve our goals, it's easy to give...

Posted: Sep 18, 2025

Smarter life underwriting through patented automation

Insurance Thought Leadership

Smarter life underwriting through patented automation From Our Partners sradomski

Posted: Sep 18, 2025

Roundabout Week Highlights Road Safety Benefits

Carrier Management

Roundabout Week Highlights Road Safety Benefits National Roundabouts Week begins on September 22 to rai...

Posted: Sep 18, 2025

Microsoft Seizes 340 Websites Linked to Growing Phishing Subscription Service

Carrier Management

Microsoft Seizes 340 Websites Linked to Growing Phishing Subscription Service Microsoft Inc. said on Tuesd...

Posted: Sep 18, 2025

New Report: Distracted Driving Raises Crash Risk by 240% — A New Action Plan for States to Reduce Ri...

coverager

GHSA and CMT encourage use of predictive data to stop crashes before they happen.

Posted: Sep 18, 2025

Goosehead Insurance and Nan & Company Properties expand franchise arrangement

coverager

Nan & Company Properties has more than 200 agents and nearly $1 billion in annual sales volume.

Posted: Sep 18, 2025

Imagine Pediatrics raises $67 million Series B

coverager

The Nashville-based company cares for ~40,000 children nationwide.

Posted: Sep 18, 2025

Penn Mutual refreshes ACE platform

coverager

Currently, more than 90% of eligible life insurance applications are submitted through ACE.

Posted: Sep 18, 2025

State Farm appoints Joe Park as EVP & CDIO

coverager

Park joins from Yum! Brands.

Posted: Sep 18, 2025

Sompo names Alessa Quane CEO of International Markets

coverager

Most recently Alessa was Chief Insurance Officer at US healthcare insurer Oscar Health.

Posted: Sep 18, 2025

Simplicity acquires Professional Planning Services

coverager

PPS will rebrand under the Simplicity Wealth Advisors platform.

Posted: Sep 18, 2025

Renaissance to acquire Ansel Health

coverager

Ansel Health is a supplemental health insurance company.

Posted: Sep 18, 2025

Radian to acquire Inigo

coverager

This acquisition represents another step in Howden’s strategy to expand in the US.

Posted: Sep 18, 2025

Allstate estimates $213m in catastrophe losses for August

Reinsurance News

The Allstate Corporation, a provider of personal property and casualty insurance in the US, has estimated catastrophe losses of $213 million, or $168 million after tax, for the month of August. The losses included 10 events, with approximately 70%...

Posted: Sep 18, 2025

Facing Stiff Competition, Remote Workers Up Their Game

Carrier Management

Facing Stiff Competition, Remote Workers Up Their Game When Kate Smith worked a 9-to-5 office job, she was...

Posted: Sep 18, 2025

Texas Cities and Counties Prepare for Budget Shortfalls

Insurance Journal

Last year, Fort Worth gained a new distinction as Texas’ fourth city with more than 1 million people. While other major Texas cities grew at a slower clip or struggled to regain residents it lost during the COVID-19 pandemic, Fort …

Posted: Sep 18, 2025

OpenAI Fixed ChatGPT Security Flaw That Put Gmail Data at Risk

Insurance Journal

OpenAI patched a ChatGPT security flaw that could have allowed hackers to extract Gmail data from its users, according to researchers at cyber firm Radware. The issue was found in ChatGPT’s Deep Research agent, a tool launched in February to &#...

Posted: Sep 18, 2025

West Texas Gas Falls to 14-Month Low as Negative Prices Persist

Insurance Journal

Natural gas cash prices in West Texas, which dipped below zero in recent days, sank to the lowest in almost 14 months, as traders expect pipeline maintenance in the area to stifle movement of the fuel for some time. Gas …

Posted: Sep 18, 2025

Bulgaria Arrests Russian Owner of Ship at Center of Beirut Port Blast in 2020

Insurance Journal

The Russian owner of a cargo ship linked to a cargo of ammonium nitrate at the center of the massive Beirut port explosion in 2020 has been arrested in Bulgaria, Lebanese judicial officials said Monday. The arrest of Igor Grechushkin …

Posted: Sep 18, 2025

Researchers Uncover 140-Year-Old Shipwreck at Bottom of Lake Michigan

Insurance Journal

After decades of scouring the bottom of Lake Michigan, searchers have finally found the wreckage of a “ghost ship” that sank during a ferocious storm almost 140 years ago off the Wisconsin coastline. The Wisconsin Historical Society and t...

Posted: Sep 18, 2025

CSB Issues Update on Fatal Explosion at Nebraska Biofuels Facility

Insurance Journal

The U.S. Chemical Safety and Hazard Investigation Board (CSB) provided an update this week on the agency’s ongoing investigation into the fatal July 29, 2025 explosion and fire at the Horizon Biofuels facility in Fremont, Nebraska. The incident...

Posted: Sep 18, 2025

People Moves: Sompo Appoints Quane as CEO, International Markets; The Fidelis Partnership Announces...

Insurance Journal

This edition of International People Moves details appointments at Sompo and The Fidelis Partnership. A summary of these new hires follows here. Sompo Appoints Quane as CEO, International Markets Sompo, a leading global provider of commercial and con...

Posted: Sep 18, 2025

Howden Acquiring Entertainment Broker Gravitas in California

Insurance Journal

Howden is acquiring Gravitas Insurance Agency LLC, a Los Angeles-based retail brokerage specializing in contingency insurance for music, sports and live events. The deal, which is subject to customary closing conditions, follows Howden’s other...

Posted: Sep 18, 2025

Beacon Hill Associates Rebrands to SPG Environmental

Insurance Journal

Beacon Hill Associates, a division of Specialty Program Group LLC, will now operate as SPG Environmental under Specialty Program Group’s unified division, SPG Wholesale. SPG Environmental will still provide superior expertise, established carri...

Posted: Sep 18, 2025

Funded reinsurance and offshore financing a concern for the PRA

Reinsurance News

The Bank of England (BoE) is hardening its approach on the use of funded reinsurance and offshore financing by UK life insurers, aiming to balance innovation with financial stability as the bulk purchase annuity (BPA) market continues its rapid ex...

Posted: Sep 18, 2025

Appeals Court Stems Oakes Farms’ Free Speech Claim Over Lost School Contract

Insurance Journal

The owner of Florida-based Oakes Farms, known for his political views and conspiracy theories, has no legitimate legal claim against a Florida school district that terminated the farm’s food-supply contract over COVID-19 concerns, a federal app...

Posted: Sep 18, 2025

Inigo CEO highlights measured growth plans following Radian acquisition

Reinsurance News

Richard Watson, CEO of Lloyd’s specialty insurer Inigo Limited, has highlighted the significant growth opportunities following his firm’s acquisition by US-based Radian Group, noting that this growth will be measured and focused as Inigo continues...

Posted: Sep 18, 2025

kWh Analytics closes Munich Re-backed parametric wind proxy hedge for Apex Clean Energy

Reinsurance News

kWh Analytics, a provider of climate insurance and risk management for renewable energy projects, has closed a parametric Wind Proxy Hedge risk transfer deal, backed by Munich Re, for Apex Clean Energy’s 79MW wind project in Virginia. The financia...

Posted: Sep 18, 2025

Billionaire Ross Lures ServiceNow for South Florida Expansion

Insurance Journal

ServiceNow Inc. is expanding to West Palm Beach, Florida, opening a location for several hundred employees in a planned office tower being developed by billionaire Stephen Ross, the famed New York real estate magnate who broke from Related Cos. last...

Posted: Sep 18, 2025

Where Are the Hurricanes This Season as the Atlantic Remains Quiet

Insurance Journal

Not a single named storm has formed in the Atlantic Ocean in nearly three weeks, even though it’s the peak of hurricane season. “Where the heck are the Atlantic #hurricanes?” Philip Klotzbach, a meteorologist at Colorado State Unive...

Posted: Sep 18, 2025

Stein Wants $13.5B From Congress for NC Hurricane Helene Recovery

Insurance Journal

North Carolina Gov. Josh Stein on Monday requested $13.5 billion more from Congress in recovery aid for Hurricane Helene almost a year after the historic storm, saying additional help is needed from Washington to address record amounts of damage and...

Posted: Sep 18, 2025