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Tangled: When Producers Change Agencies But Not Carriers

Insurance Journal

For insurance producers, changing agencies might be as simple as signing a waiver. Other times, a producer changing agencies may leave the producer, agency officials, and even carriers with a legal maze of contracts, agreements, and state reports to...

Posted: Jul 03, 2025

People Moves: Ki Appoints Ex-PartnerRe Executive Bonneau as Chair

Insurance Journal

Ki Appoints Ex-PartnerRe Exec Bonneau as Chair Ki, the algorithmically powered Lloyd’s digital follow platform, announce the appointment of Jacques Bonneau as non-executive chair for Ki Financial Ltd., effective July 1, 2025. Bonneau was previo...

Posted: Jul 03, 2025

P&C Carriers Can Win Against Insurance Fraud

Insurance Thought Leadership

P&C Carriers Can Win Against Insurance Fraud Claims

Posted: Jul 03, 2025

Tensions Are Starting to Brew Over Waterways for US LNG Cargoes

Insurance Journal

One of the US largest exporters of liquefied natural gas, Venture Global Inc., is raising questions over how to share a common waterway with a planned neighbor — it’s a move that underscores a coming bottleneck for shipping space in …

Posted: Jul 03, 2025

Judge Dismisses Texas Attorney General’s Lawsuit Over State Fair Gun Restrictions

Insurance Journal

A Dallas County district judge dismissed state Attorney General Ken Paxton’s suit against the State Fair of Texas and the City of Dallas, for gun restrictions that were enacted following a 2023 shooting that injured three people at the fairgrou...

Posted: Jul 03, 2025

Helping Clients Disaster-Proof Their Finances

Insurance Thought Leadership

Helping Clients Disaster-Proof Their Finances Agent & Broker

Posted: Jul 03, 2025

Athora to acquire Pension Insurance Corporation for £5.7bn

Reinsurance News

Pan-European savings and retirement services group, Athora, has reached an agreement to acquire Pension Insurance Corporation Group Limited, the parent of Pension Insurance Corporation plc, a specialist insurer of UK defined benefit pension scheme...

Posted: Jul 03, 2025

Lessons for Insurers From the LA Fires

Insurance Thought Leadership

Lessons for Insurers From the LA Fires Personal Lines

Posted: Jul 03, 2025

Wisconsin Sports Park Sued for Firing Christian Employee

Insurance Journal

Crystal Ridge Ski Area, LLC, doing business as The Rock Snowpark, a winter sports park and summer events venue in Franklin, Wisconsin, violated federal law when it terminated a lift operations manager because of his religion, the U.S. Equal Employmen...

Posted: Jul 03, 2025

People Moves: Rockford Mutual Promotes Kriens to Claims VP as Kennedy Retires

Insurance Journal

Rockford Mutual Insurance Company (RMIC), headquartered in Rockford, Illinois, promoted Ann Kriens to the position of claims vice president. Kriens joined RMIC in 2014 with 20 years of claims experience at Economy/MetLife, serving as an adjuster, sup...

Posted: Jul 03, 2025

Northeast Firms to Pay $1.37M to Settle Claims of Shoddy Runway Construction

Insurance Journal

Contractors from Maine, Connecticut and New York will pay $1.37 million to resolve allegations concerning false claims for payment related to the rehabilitation of a Westfield-Barnes Regional Airport runway in Westfield, Massachusetts. As part of the...

Posted: Jul 03, 2025

Secondary Perils Now Insurance's Primary Threat

Insurance Thought Leadership

Secondary Perils Now Insurance's Primary Threat ITL Editorial Team Thu, 07/03/2025 - 11:59 ...

Posted: Jul 03, 2025

Secondary Perils Are Now a Primary Threat

Insurance Thought Leadership

Secondary Perils Are Now a Primary Threat Personal Lines

Posted: Jul 03, 2025

Cyberattack on Brazil Tech Provider Hits Reserve Accounts of Some Financial Institutions

Insurance Journal

Brazil’s central bank said on Wednesday that technology services provider C&M Software, which serves financial institutions lacking connectivity infrastructure, had reported a cyberattack on its systems. The bank did not provide further det...

Posted: Jul 03, 2025

Business Moves: Specialist Risk Group Acquires Generation Underwriting From WF Risk Group; Ardonagh...

Insurance Journal

Specialist Risk Group Acquires Generation Underwriting From WF Risk Group Specialist Risk Group (SRG), the London-based insurance intermediary, announced the acquisition of managing general agent Generation Underwriting, which has offices in Newcastl...

Posted: Jul 03, 2025

Conquering claims chaos after natural disasters

Insurance Journal

This post is part of a series sponsored by Cotality. Crime thrives in chaos, making natural disasters the perfect backdrop for insurance claims fraud. When the ashes have settled after a wildfire or when hail stops falling and flood waters …

Posted: Jul 03, 2025

Aon’s Albert G. Ruben Joins Relation Insurance

Insurance Journal

Relation Insurance Services said late last month that it acquired Aon’s Albert G. Ruben, a brokerage for the entertainment industry for the last 65 years. Terms of the deal were not disclosed. The Albert G. Ruben name and team will …

Posted: Jul 03, 2025

Jacques Bonneau appointed Non-Executive Chair of Ki Financial

Reinsurance News

Ki, the fully digital and algorithmically-driven Lloyd’s syndicate, has appointed Jacques Bonneau as Non-Executive Chair for Ki Financial Limited, effective July 1st, 2025. Bonneau, who retired in March 2024, previously served as President &...

Posted: Jul 03, 2025

Wildfires: A Growing Global Threat

Insurance Thought Leadership

Wildfires: A Growing Global Threat Resilience & Sustainability

Posted: Jul 03, 2025

Florida Taps Contractors With No Detention Experience for ‘Alligator Alcatraz’

Insurance Journal

On June 20, nearly three weeks into the Atlantic hurricane season, Florida disaster-management officials assembled a group of emergency relief contractors in Tallahassee and asked them to do something they had never done before. Governor Ron DeSantis...

Posted: Jul 03, 2025

IDB expands disaster risk coverage by $2bn, introduces new instruments

Reinsurance News

The Inter-American Development Bank (IDB) has expanded disaster risk coverage by an additional $2 billion and introduced new instruments for both sovereign and private clients. The $2 billion expansion includes $1 billion for its Contingent Credit...

Posted: Jul 03, 2025

The New Cybersecurity Battleground

Insurance Thought Leadership

The New Cybersecurity Battleground Cyber

Posted: Jul 03, 2025

Data Call: South Carolina DOI Sets August Deadline for Liability Insurance Info

Insurance Journal

In keeping with state law, the South Carolina Department of Insurance is again asking carriers to submit extensive data on commercial liabilty and liquor liability coverage in the state. The data should be submitted by Aug. 31 and should include &#82...

Posted: Jul 03, 2025

Zurich Insurance Buys Canadian Insurance Technology Firm BOXX

Insurance Journal

Zurich Insurance Group AG agreed to buy BOXX Insurance Inc, a Canadian cyber risk management firm, marking the Swiss insurer’s latest push into the insurance technology sector. The acquisition will see BOXX becoming part of Zurich’s platf...

Posted: Jul 03, 2025

AXA XL appoints Victoria Killingsworth as Senior Underwriter, E&S

Reinsurance News

AXA XL, the property and casualty (P&C) and specialty risk division of global insurer AXA, has announced the appointment of Victoria Killingsworth as Senior Underwriter for Excess & Surplus (E&S) lines. In her new role, Killingsworth w...

Posted: Jul 03, 2025

Reinsurance Renewal Prices Moderate as Capacity Exceeds Cedent Demand: Brokers

Insurance Journal

Strong returns in the reinsurance sector are attracting capital and leading to favorable pricing outcomes for buyers — but underwriting discipline continues, according to renewal reports from three reinsurance brokers. Despite heavy natural cat...

Posted: Jul 03, 2025

Zurich acquires BOXX Insurance

coverager

BOXX offers bundled cyber protection products.

Posted: Jul 03, 2025

Brown & Brown taps WireX Systems to advance cyber insurance strategy

coverager

WireX is a network detection and response company.

Posted: Jul 03, 2025

Asset manager Janus Henderson partners with life insurer Guardian

Reinsurance News

The Guardian Life Insurance Company of America, one of America’s largest life insurers and providers of employee benefits, has partnered with Janus Henderson Group plc, a global asset manager. Under the terms of this agreement, Janus Henderson wil...

Posted: Jul 03, 2025

Zurich expands cyber capabilities with acquisition of BOXX Insurance

Reinsurance News

Global insurer Zurich Insurance Group has  entered into an agreement to acquire BOXX Insurance Inc., a Toronto-based cyber insurance and risk management insurtech, which will be integrated into Zurich Global Ventures (ZGV). This acquisition is set...

Posted: Jul 03, 2025

Q2 2025 cat bond issuance hits record $10.5bn: Artemis

Reinsurance News

The second quarter of 2025 was another record period for the catastrophe bond market, with issuance of $10.5 billion from 38 transactions comprised of 58 tranches of notes, ensuring that new annual records have been set for 144A property cat bond...

Posted: Jul 03, 2025

Retailers Sue New York to Block Algorithmic Pricing Law

Insurance Journal

New York state was sued on Wednesday by the National Retail Federation over a new law requiring retailers to tell customers when their personal data are being used to set prices, known as surveillance pricing. The world’s largest retail trade &...

Posted: Jul 03, 2025

Massachusetts High Court Orders Workers’ Comp Trust Fund Payments

Insurance Journal

In two separate rulings, the Massachusetts Supreme Judicial Court has found that an insurer in runoff and the state’s insolvency fund were both wrongly denied certain payments they are entitled from the state’s workers’ compensation...

Posted: Jul 03, 2025

Fire Safety Reinsurance Facility expands coverage limit to £70m

Reinsurance News

The insurance industry’s Fire Safety Reinsurance Facility, an initiative aimed at providing insurance coverage for multi occupancy buildings with fire safety issues, has increased its coverage limit from £50 million to £70 million, the Association...

Posted: Jul 03, 2025

It’s time to automate the ceded reinsurance process, says DXC Technology’s James Mahon

Reinsurance News

In a recent interview with Reinsurance News, James Mahon, Reinsurance Pre-Sales Lead at DXC Technology, highlighted a persistent issue facing the re/insurance industry: the continued reliance on manual processes for managing ceded reinsurance. DXC...

Posted: Jul 03, 2025

Liberty GTS appoints Hilary Weiss as Head of Americas

Reinsurance News

Liberty Global Transaction Solutions (GTS), part of Liberty Mutual Insurance, has announced the promotion of Hilary Weiss to Head of Americas, effective immediately. Weiss has been part of Liberty Mutual since 2018, when she joined the company as...

Posted: Jul 03, 2025

Trump Asks Supreme Court to Allow Removal of Consumer Product Safety Commissioners

Insurance Journal

President Donald Trump’s administration asked the U.S. Supreme Court on Wednesday to intervene in his bid to fire three Democratic Consumer Product Safety Commission members by putting on hold a judicial order calling for their reinstatement. I...

Posted: Jul 03, 2025

Trump Asks SCOTUS to Allow Removal of Consumer Product Safety Commissioners

Insurance Journal

President Donald Trump’s administration asked the U.S. Supreme Court on Wednesday to intervene in his bid to fire three Democratic Consumer Product Safety Commission members by putting on hold a judicial order calling for their reinstatement. I...

Posted: Jul 03, 2025

Reinsurance News Legacy Market Roundtable 2025

Reinsurance News

Around the annual meeting of the legacy re/insurance market in Brighton, UK, in May, we hosted our inaugural Legacy Market Roundtable, in partnership with global reinsurance company, Swiss Re, during which 11 experts from across the retrospective...

Posted: Jul 03, 2025

US property cat reinsurance market in favour of buyers at mid-year renewals: Aon

Reinsurance News

Conditions in the U.S. property catastrophe reinsurance market continued to shift in favour of buyers at the mid-year renewals, yet portfolio returns remain strong and attractive for reinsurers and investors alike, even with the rate reductions, a...

Posted: Jul 03, 2025

Ardonagh acquires majority stake in Hong Kong’s Apex Insurance

Reinsurance News

The Ardonagh Group has acquired a majority stake in Apex Insurance (Holdings) Limited in Hong Kong. The move strengthens Ardonagh’s footprint in the region, as it will operate Apex alongside PSC’s Hong Kong operations, PSC HK Insurance Group (PSC...

Posted: Jul 03, 2025

Sandeep Gopal named AIG’s Chief Risk Officer, APAC

Reinsurance News

Sandeep Gopal has joined global insurer American International Group (AIG) as Chief Risk Officer, Asia Pacific (APAC). In his new role, Gopal will lead the Enterprise Risk Management strategy in the region, focusing on strengthening risk governanc...

Posted: Jul 03, 2025