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North Carolina Auto Insurance Rates Rising 5% on Average in Settlement North Carolina automobile insu...
Posted: Jun 17, 2025
Structured Settlements Preferred Over Lump Sums, Survey Finds Over 90 percent of structured settlement annu...
Posted: Jun 17, 2025
US Supreme Court to Hear Chevron, Exxon Appeal Over Louisiana Coastal D...
Posted: Jun 17, 2025
Insurance Business Magazine - US
Posted: Jun 17, 2025
Insurance Business Magazine - US
Posted: Jun 17, 2025
War risk insurance premiums for shipments to Israel are as much as three times higher than a week ago as the war between Israel and Iran entered its fifth day, industry sources said on Tuesday. The cost of a seven-day …
Posted: Jun 17, 2025
Markel Insurance, the insurance operations within Markel Group Inc., appointed new leadership within its U.S. wholesale and specialty division. The company is simplifying its structure from six U.S. wholesale and two U.S. retail regions to four integ...
Posted: Jun 17, 2025
Louisiana Governor Jeff Landry vetoed a bill last week that would have limited bad faith lawsuits against insurers, a move that raised criticism from the insurance industry. SB 111, sponsored by Sen. Alan Seabaugh, R-Many, intended to bring clarity t...
Posted: Jun 17, 2025
Battery Ventures, a global technology-focused investment firm, has made a strategic investment in Descartes Underwriting, a global corporate parametric insurance specialist. The transaction was executed at a premium to Descartes’ most recent Serie...
Posted: Jun 17, 2025
The US has spent nearly $1 trillion dollars on disaster recovery and other climate-related needs over the 12 months ending May 1, according to an analysis released Monday by Bloomberg Intelligence. That’s 3% of GDP that people likely would have...
Posted: Jun 17, 2025
Mereo Insurance Limited has selected Northern Trust to provide asset servicing and asset management solutions. Mereo is a Bermuda-based integrated reinsurance platform that launched in the first quarter of 2025 and underwrites a wide range of casu...
Posted: Jun 17, 2025
With only 11% of cryptocurrency holders insured despite strong demand, insurers face both significant challenges and substantial opportunities, according to commentary from AM Best. The post
Posted: Jun 17, 2025
Appeals court decision underscores the critical distinction between 'Named Insureds' and 'Additional Named Insureds' in construction insurance policies. The post
Posted: Jun 17, 2025
Karen Clark & Company (KCC), a provider of catastrophe risk modelling solutions, has released a new set of High Velocity (HV) models aimed at streamlining the analysis of hurricane and severe convective storm (SCS) losses. These models are des...
Posted: Jun 17, 2025
Developing markets-focused re/insurance group Africa Specialty Risks (ASR) has partnered with Asset Performance Partners (APP), a graduate of the 2024 Lloyd’s Lab, to enhance data insights and risk management in the energy insurance sector. APP re...
Posted: Jun 17, 2025
An Atlanta family whose home was wrongly raided by the FBI will get a new day in court, the Supreme Court ruled unanimously on Thursday. The decision revives a lawsuit filed after a predawn 2017 raid in which armed members …
Posted: Jun 17, 2025
An Atlanta family whose home was wrongly raided by the FBI will get a new day in court, the Supreme Court ruled unanimously on Thursday. The decision revives a lawsuit filed after a predawn 2017 raid in which armed members …
Posted: Jun 17, 2025
McGill and Partners, a specialist insurance and reinsurance broker, has announced the launch of a new cybersecurity insurance solution tailored to the Battery Energy Storage Systems (BESS) sector. With growing digitisation across the energy indust...
Posted: Jun 17, 2025
Within changes submitted by U.S. Senate Republicans to President Donald Trump’s tax bill is language that would close a tax “loophole” for third-party litigation funders. According to text released Monday by U.S. Senate Finance Comm...
Posted: Jun 17, 2025
When Foreign Policy Becomes Economic Policy Regulation & Public Policy sradomski Tu...
Posted: Jun 17, 2025
A company that has spent years battling conservationists as it seeks a permit to mine outside the Okefenokee Swamp and its federally protected wildlife refuge needs to do just one thing before regulators make a final decision: set aside $2 …
Posted: Jun 17, 2025
Markel Insurance, the insurance operations within Markel Group, has made new leadership appointments within its US Wholesale and Specialty division as part of a strategic regional realignment. Namely, Markel has revealed it is simplifying its stru...
Posted: Jun 17, 2025
B.P. Marsh and Partners Plc, the specialist private equity investor in early-stage financial services businesses, announced it has acquired a 27% shareholding in Cameron Specialty, a London-based underwriting agency. B.P. Marsh has agreed to provide...
Posted: Jun 17, 2025
B.P. Marsh & Partners, a specialist private equity investor, has acquired a 27% shareholding in Cameron Specialty, a London-based underwriting agency. Founded in 2021, Cameron Specialty focuses on UK property insurance across the commercial co...
Posted: Jun 17, 2025
Bermuda-based insurance and reinsurance company, Hamilton Insurance Group, has today announced that Adrian Daws will succeed Megan Graves as Chief Executive Officer (CEO) of Hamilton Re, with Alex Baker taking over from Daws as CEO of Hamilton Glo...
Posted: Jun 17, 2025
Cyber events that cause reputation risks can lead to an average 27% drop in shareholder value, according to Aon’s 2025 Global Cyber Risk Report. The report analysed more than 1,400 cyber events globally, identifying which types are most like...
Posted: Jun 17, 2025
Deloitte reports that 84% of executives cite gaps in managing risk tied to authority and controls. McKinsey has found that 60% of financial processes remain manual, leaving room for error and exposure.
Posted: Jun 17, 2025
Autonomize AI builds AI agents and copilots that help healthcare organizations manage unstructured data.
Posted: Jun 17, 2025
Pano offers AI-powered wildfire detection and situational awareness platform.
Posted: Jun 17, 2025
Economists predict tariff-based price increases will lead to higher claims payouts for P&C carriers in the short term and ultimately increase premiums for homeowners.
Posted: Jun 17, 2025
How technology and a proactive approach are yielding innovative risk management for carriers and policyholders alike.
Posted: Jun 17, 2025
The Hartford, a provider of insurance and financial services, has appointed Stephanie Lynch as Head of Ceded Reinsurance. Lynch brings 15 years of industry experience to the role. She joined The Hartford in September 2023 as Cyber Underwriting Off...
Posted: Jun 17, 2025
Fitch Ratings has noted that the European insurance sector outlook remains ‘neutral’ at mid-year 2025, driven by stable business conditions despite a weaker economic outlook and increased financial market volatility. At the same time,...
Posted: Jun 17, 2025
The European Central Bank is embedding climate risk into regular reviews of how well banks can absorb losses, marking a new chapter in its supervisory approach. The intention is to “incorporate, more decisively and in a more business-as-usual w...
Posted: Jun 17, 2025
WTW, an advisory, broking, and solutions firm, has appointed Farah Ismail as Senior Director, Head of Commercial Lines within its Insurance Consulting and Technology (ICT) business in North America. Based in New York, Ismail will report to Laura D...
Posted: Jun 17, 2025
The International Underwriting Association (IUA), the representative body for London company market insurers, has announced the appointment of three new directors as part of a wider organisational restructure, with these changes coming under the d...
Posted: Jun 17, 2025
New findings from Insurtech provider hyperexponential (hx) show that data ingestion is the most commonly adopted AI application in the insurance sector, with 95% of UK and 89% of US insurers incorporating it into their operations. The study, which...
Posted: Jun 17, 2025
Two tankers collided in waters off the United Arab Emirates and caught fire in the early hours of Tuesday, rattling global oil and shipping markets that have been closely monitoring navigation in the region since Israel began strikes on Iran …
Posted: Jun 17, 2025
Two giant ocean-going tankers collided and caught fire and two other ships were approached by Iranian boats near the Strait of Hormuz energy chokepoint, rattling global oil and shipping markets already on high alert. The Front Eagle, an 1,100-foot (3...
Posted: Jun 17, 2025
A climate ratings firm created at French business university EDHEC has become the first to estimate projected financial losses for thousands of infrastructure assets under various climate change scenarios, its founder and chief executive said. Better...
Posted: Jun 17, 2025
IICF Legacy Leaders honored for contributions to the foundation and local communities LOS ANGELES – June 16, 2025 – The Insurance Industry Charitable Foundation (IICF), a nonprofit organization dedicated to helping communities and enriching lives, ho...
Posted: Jun 17, 2025
Bermuda International Long Term Insurers and Reinsurers (BILTIR) and the Association of British Insurers (ABI) have signed a Memorandum of Understanding (MoU) to enhance collaboration by sharing information and insights on critical industry issues...
Posted: Jun 17, 2025
Commercial insurer QBE has announced the appointment of Henrik Larsen as General Manager for the Nordics, effective 23rd June 2025. Based in Copenhagen, Larsen will lead QBE’s team across Denmark and Sweden to strengthen the company’s market posit...
Posted: Jun 17, 2025
Kin Insurance has revealed that the reciprocal exchanges it manages, Kin Interinsurance Network and Kin Interinsurance Nexus Exchange, have completed their reinsurance programs for the period of June 1, 2025, through May 31, 2026. For Florida, Kin...
Posted: Jun 17, 2025