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Washington Insurance Commissioner Recovered $100M for Consumers Over 2 Years

Insurance Journal

The Washington Office of the Insurance Commissioner reported it recovered more than $100 million for consumers during a two-year period. The Office of the Insurance Commissioner’s Consumer Advocacy Program closed out the biennium from 2023 to 2...

Posted: Jul 10, 2025

How MyInsuranceGuy Gets a Third of Their Day Back

Insurance Journal

This post is part of a series sponsored by EZLynx. Time is the most valuable asset in any service business — and as an independent agent, you know all too well that your time is often in short supply. MyInsuranceGuy, …

Posted: Jul 09, 2025

CLARA Analytics Launches AI Tools to Improve Claims Oversight

IIR

The company says its new Risk Notes and Claim Event Indicators will help insurers shift from reactive to proactive claims management.

Posted: Jul 09, 2025

Triple-I/Milliman: 2025 US P/C Insurance Outlook Shows Strength in Personal Auto, Ongoing Pressure i...

Insurance Information Institute

For Immediate Release  Triple-I: Loretta Worters, [email protected]  Milliman: Jeremy Engdahl-Johnson, [email protected]      MALVERN, Pa., July 10, 2025 – The U.S. property/casualty (P/C) insurance industry began 2025 with a mixed u...

Posted: Jul 09, 2025

Media Advisory: Triple-I Statement on Recent Flooding in Texas Hill Country

Insurance Information Institute

The Insurance Information Institute (Triple-I) extends its deepest condolences to those impacted by the recent flooding in Texas Hill Country. As insurers continue to serve as financial first responders, it is critical for homeowners to understand th...

Posted: Jul 09, 2025

Real-Time AI Customer Service: Enhancing CX

IIR

AI-driven support anticipates needs, personalizes interactions, and frees humans for empathy, redefining customer experience and loyalty.

Posted: Jul 09, 2025

Disability Claims Lead Online Injury Fraud as Carpe Data Maps U.S. Hot Spots

IIR

Las Vegas, Jacksonville, and Los Angeles top cities for suspected fraud; Gen Z claimants frequently flagged via Instagram.

Posted: Jul 09, 2025

Florida Reinsurance Buyers Found Ample Property Capacity at Mid-Year Renewals

Carrier Management

Florida Reinsurance Buyers Found Ample Property Capacit...

Posted: Jul 09, 2025

World Court to Issue Climate Change Opinion on July 23

Carrier Management

World Court to Issue Climate Change Opinion on July 23 The top United Nations court...

Posted: Jul 09, 2025

Florida Teen Drivers Required to Take New Education Course Beginning August 1

Carrier Management

Florida Teen Drivers Required to Take New Education Course Beginning August 1 A new law...

Posted: Jul 09, 2025

Several San Francisco City Buildings Remain at Risk of Earthquake-Caused Collapse

Carrier Management

Several San Francisco City Buildings Remain at Risk of Earthquake-Caused Collapse There are at least two...

Posted: Jul 09, 2025

Three Insurers Join Ward’s Annual Top 50 P/C Ranking for 2025

Carrier Management

Three Insurers Join Ward’s Annual Top 50 P/C Ranking for 2025 Property/casualty insurer...

Posted: Jul 09, 2025

Aon launches data center program

coverager

DCLP delivers an integrated solution that spans construction, cargo, cyber and operational exposure under one coordinated program. 

Posted: Jul 09, 2025

Neptune Flood secures $400 Million of premium capacity

coverager

Neptune's capacity panel now includes more than 30 insurance and reinsurance partners.

Posted: Jul 09, 2025

Sunrise launches travel and cyber insurance

coverager

Sunrise is a Swiss telecommunications company.

Posted: Jul 09, 2025

Trinity Capital commits $35 million to INSHUR

coverager

This capital will help grow INSHUR's continued expansion across the US.

Posted: Jul 09, 2025

Sunsetting of Toggle

coverager

Carpe Data conducted a wide-scale national review of injury claims fraud found online, uncovering geographic hot spots, fraudulent tactics, and claim patterns in 2024.

Posted: Jul 09, 2025

Texas Counties Have Little Power to Stop Building in Flood-Prone Areas

Insurance Journal

Camp Mystic, the private summer camp that now symbolizes the deadly Central Texas floods, sat on a tract of land known to be at high risk for a devastating flood. Nearly 1.3 million Texas homes are similarly situated in parts …

Posted: Jul 09, 2025

Kansas Insurance Commissioner Schmidt Announces Run for Governor

Insurance Journal

Kansas Insurance Commissioner Vicki Schmidt announced her bid to run for Governor of Kansas in 2026. Schmidt, a lifelong Republican, began her career as a pharmacist after graduating from the University of Kansas. She has worked for over 40 years &#8...

Posted: Jul 09, 2025

Lemonade Expands Car Insurance to Indiana

Insurance Journal

Lemonade announced this week the expansion of its car insurance product in Indiana. With this addition, Lemonade Car is now available in states representing approximately 42% of the U.S. car insurance market. Lemonade’s existing customers in th...

Posted: Jul 09, 2025

Riverstone appoints Enstar’s Brockman as Group CEO, to succeed Tanzer

Reinsurance News

Paul Brockman has been appointed as the new group chief executive officer of RiverStone International Holdings, succeeding Luke Tanzer who will be retiring later this year. Additionally, the company also announced the appointment of Andrew Creed a...

Posted: Jul 09, 2025

People Moves: RiverStone Taps Enstar’s Brockman as Group CEO, Succeeding Tanzer; MS Reinsurance Rest...

Insurance Journal

This edition of International People Moves details appointments at RiverStone International and MS Reinsurance. A summary of these new hires follows here. RiverStone Taps Enstar’s Brockman as Group CEO, Succeeding Tanzer RiverStone Internationa...

Posted: Jul 09, 2025

AM Best maintains stable outlook for global cyber insurance in 2025 amid growth, AI, and rising thre...

Reinsurance News

AM Best, the credit rating agency, has reaffirmed a Stable outlook for the global cyber insurance market heading into 2025, underscoring a combination of factors that will influence the sector’s performance in the coming years. Despite a moderate...

Posted: Jul 09, 2025

Covenir Continues Innovation Spree to Better Serve Insurer Needs Amidst Industry Headwinds

Insurance Journal

New IntelliClaims Advantage Solution Helps Insurers Close Claims Faster, Improve Customer Satisfaction and Reduce Costs by up to 60% BOSTON, MA, July 9, 2025 — CovenirBPO, the leading provider of onshore business process outsourcing services for clai...

Posted: Jul 09, 2025

AM Best Revises Outlook to Negative for Texas’ Service Insurance Group

Insurance Journal

AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Service Lloyds Insurance Company, a Stock Company and Serv...

Posted: Jul 09, 2025

Focus on First Responders’ Mental Health Grows in Texas Flood Recovery

Insurance Journal

Riding on horseback through brush and over numerous dead turkeys, Margo Mellon spent Tuesday scanning the flood-ravaged ground of Texas’ Hill Country for dead bodies. As she and her rescue mates trudged through the muddy terrain, state official...

Posted: Jul 09, 2025

Commercial Insurance Rates Moderate in Q2 as Market Shows Signs of Stabilization

Risk & Insurance

Average rate increases ease to 2.8% from first quarter's 3% rise, with commercial property insurance showing improvement, according to Novatae's Market Barometer. The post

Posted: Jul 09, 2025

ImageCat partners with Green Shield to expand wildfire risk data offerings

Reinsurance News

ImageCat, a technology firm focused on risk and exposure analytics for the insurance, finance, and emergency management sectors, has partnered with Green Shield Risk Solutions, a specialist in wildfire risk assessment and mitigation data, to integ...

Posted: Jul 09, 2025

Trump Vows No Tariff Extension, Hardens Threats on Copper, Drugs

Insurance Journal

President Donald Trump vowed to push forward with his aggressive tariff regime in the coming days, stressing he would not offer additional extensions on country-specific levies set to now hit in early August while indicating he could announce substan...

Posted: Jul 09, 2025

US Tariffs Projected to Slow Global Economy and Insurance Premium Growth: Swiss Re

Insurance Journal

Global growth is slowing as US tariff policy reduces trade and heightens geopolitical uncertainty, which ultimately will lead to decelerating growth in insurance premiums, according to Swiss Re. Global GDP growth (adjusted for inflation) is expected...

Posted: Jul 09, 2025

Hungenberg joins Sompo as Head of Strategy Insurance – Continental Europe

Reinsurance News

Emilie Hungenberg has joined Sompo, a provider of commercial and consumer property and casualty re/insurance, as Head of Strategy Insurance – Continental Europe. Commenting on her appointment, Hungenberg said:“I’m excited to contribute to Sompo’s...

Posted: Jul 09, 2025

MSIG USA appoints Philip Wray as Head of Property

Reinsurance News

MSIG USA, a provider of specialty commercial insurance solutions, has announced the appointment of Philip Wray as Head of Property. In this role, Wray will lead MSIG USA’s national property portfolio, overseeing underwriting strategy, product deve...

Posted: Jul 09, 2025

Amwins SRU launches all-risk property solution for habitational market

Reinsurance News

Amwins Special Risk Underwriters (SRU), Amwins’ in-house MGA, has launched HabVantage, an exclusive all-risk property solution tailored for the habitational market. In a fluctuating property market, HabVantage is designed to meet evolving ne...

Posted: Jul 09, 2025

House Swept Away as Flash Flooding Hits Mountain Village in New Mexico

Insurance Journal

At least three people were missing in a mountain village in southern New Mexico that is a popular summer retreat after monsoon rains triggered flash flooding Tuesday that was so intense an entire house was swept downstream. Emergency crews carried &#...

Posted: Jul 09, 2025

Villages Health System Sees $350 Million in Medicare Overcharges

Insurance Journal

A health-care system serving the largest retirement community in the US has filed for bankruptcy after disclosing it potentially overbilled Medicare by at least $350 million, according to court filings. The Villages Health System LLC, which operates...

Posted: Jul 09, 2025

Ken Griffin-Backed Florida Bill for Non-Competes Becomes Law

Insurance Journal

Florida enacted legislation allowing non-competes of up to four years, handing a victory to Citadel’s Ken Griffin, who pushed for the policy. Labor lawyers say it’s one of the most employer-friendly policies in the country. It also goes i...

Posted: Jul 09, 2025