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A Michigan lawmaker has proposed legislation that would mandate auto insurance premium reductions of at least 10% on any new or renewed policy, a bill that the American Property Casualty Insurance Association (APCIA) says would destabilize the state&...
Posted: Jun 17, 2025
Global marine insurer Skuld has announced that Kjell-Åke Augustsson will retire as Senior Vice President, Head of Skuld Piraeus, on 28th February 2026, with Leandros Kotsakis set to assume leadership of the Piraeus office from 1st March 2026. Augu...
Posted: Jun 17, 2025
The Texas Department of Transportation said a compromise of an account led to a data breach of a large number of crash records. On May 12, TxDOT identified unusual activity in its Crash Records Information System (CRIS) originating from a …
Posted: Jun 17, 2025
Local officials warned more than half a million Iowans in the state’s capital city and suburbs on Thursday that near-record level of pollutants in its rivers could make drinking water dangerous if immediate steps are not taken to reduce demand....
Posted: Jun 17, 2025
St. Louis Mayor Cara Spencer signed an executive order to waive a 25% holdback of insurance payouts for property damage claims related to the May 16 tornado that damaged at least 10,000 properties in the city. The order instructs the …
Posted: Jun 17, 2025
Cowbell, a cyber insurer focused on small to medium-sized enterprises and the middle market, has appointed Kirsten Maley into a newly created role of Director of Claims, UK, aligning with the insurers commitment to scale its presence in a growing...
Posted: Jun 17, 2025
Victor Insurance, a managing general underwriter, has introduced Victor Extended Warranty—a new international service offering that supports insurers and reinsurers with underwriting solutions for extended warranty programmes. This initiative cove...
Posted: Jun 17, 2025
The death toll from heavy rains that inundated parts of San Antonio has risen to 13, and all those missing have been found, authorities said. More than 7 inches (18 centimeters) of rain fell over a span of hours on …
Posted: Jun 17, 2025
The Board of Directors of Athene, a retirement services company and subsidiary of Apollo Global Management, Inc., has appointed Grant Kvalheim as Chief Executive Officer (CEO), effective July 1st, 2025, while Co-founder Jim Belardi was named Execu...
Posted: Jun 17, 2025
The American Bar Association sued the Trump administration on Monday, seeking an order that would bar the White House from pursuing what the ABA called a campaign of intimidation against major law firms. The lawsuit, filed in federal court in …
Posted: Jun 17, 2025
John Hamer, president of Rodgers Wade Manufacturing in Paris, Texas, makes store fixtures for big retailers like Ross Dress for Less and Ulta Beauty. He sources many of the goods from China, which until recently meant he paid 70% in …
Posted: Jun 17, 2025
India’s deadliest plane crash in more than decade is set to send shock waves through the aviation insurance industry and trigger one of the country’s costliest claims, estimated at around $475 million. “This aviation insurance claim...
Posted: Jun 17, 2025
Newly posted data from Florida regulators show that, in the last three years, the number of property insurance policies in the state has risen only slightly while direct premium written and average premiums have climbed significantly. The first-quart...
Posted: Jun 17, 2025
Newly posted data from Florida regulators show that, in the last three years, the number of property insurance policies in the state has risen only slightly while direct premium written and average premiums have climbed significantly. The first-quart...
Posted: Jun 17, 2025
Newly posted data from Florida regulators show that, in the last three years, the number of personal property insurance policies in the state has risen only slightly while direct premium written and average premiums have climbed significantly. The fi...
Posted: Jun 17, 2025
ZestyAI has announced a four-year extension of its partnership with the California FAIR Plan. The Golden State’s insurer of last resort has tapped ZestyAI’s Z-FIRE wildfire risk model for risk assessment since 2021. That model leverages A...
Posted: Jun 17, 2025
Taiwan’s domestic non-life insurance premiums continued to rise in 2024, increasing by 10.5% to TWD 278.5 billion (USD 9.2 billion), according to a recent report by AM Best. All of AM Best’s rated entities recorded premium growth during the year,...
Posted: Jun 17, 2025
MoneyGram agreed to pay a $250,000 fine to settle a New York state lawsuit over its remittance transfers, two months after the U.S. Consumer Financial Protection Bureau withdrew from the civil case. The accord announced on Monday by New York …
Posted: Jun 17, 2025
MoneyGram agreed to pay a $250,000 fine to settle a New York state lawsuit over its remittance transfers, two months after the U.S. Consumer Financial Protection Bureau withdrew from the civil case. The accord announced on Monday by New York …
Posted: Jun 17, 2025
“Don’t say this is going to be the worst fire season,” Nevada Gov. Joe Lombardo jokingly told State Forester and Fire Warden Kacey KC at a June 10 wildfire briefing in Carson City. “You say that every year.” KC smiled &#...
Posted: Jun 17, 2025
Mercury Insurance, headquartered in Los Angeles, California, appointed Steve Bennett as its senior director of climate and catastrophe science. In this new position, Bennett will build and lead a team focused on identifying ways Mercury and its polic...
Posted: Jun 17, 2025
Not one but two class action lawsuits have been filed against Erie Insurance even as the insurer continues to investigate its cyber security incident. One lawsuit was filed by an Illinois customer, Neil Plascencia; the other by Amy Haas, a …
Posted: Jun 17, 2025
Wafa Assurance has agreed to acquire a majority stake in Egypt’s Delta Insurance from its current owner Egypt Kuwait Holding Company, as it targets an expansion of its operations in the Egyptian market, it said on Monday. Wafa Assurance, a R...
Posted: Jun 17, 2025
For the first time ever, parts of Alaska are under a heat advisory — but you can put an asterisk at the end of that term. It’s not the first instance of unusually high temperatures in what many consider the …
Posted: Jun 17, 2025
This post is part of a series sponsored by AgentSync. Since his inauguration in late January, President Donald Trump has imposed (and pledged to impose) several tariffs affecting nearly all U.S. imports. While the somewhat sporadic nature of these ac...
Posted: Jun 16, 2025
President Donald Trump has repeatedly said he intends to whittle down or phase out the Federal Emergency Management Agency, and last week he gave a rough timeline for that: “after hurricane season.” “We want to wean off of FEMA, and...
Posted: Jun 16, 2025
Insurance Business Magazine - US
Posted: Jun 16, 2025
Insurance Business Magazine - US
Posted: Jun 16, 2025
Insurance Business Magazine - US
Posted: Jun 16, 2025
Insurance Business Magazine - US
Posted: Jun 16, 2025
The enhanced partnership introduces a tailored insurance product for specialized small business service providers through Simply Business’s digital platform.
Posted: Jun 16, 2025
Mereo Insurance will use Northern Trust for custody, brokerage, and investment solutions.
Posted: Jun 16, 2025
Chris Kopser, former President & CUO at AXA XL, joins Findevor as Executive Advisor to help accelerate adoption of its AI-powered legal system abuse prevention platform. His deep casualty expertise...
Posted: Jun 16, 2025
The MRS-NA life science team will work with wholesalers and retailers.
Posted: Jun 16, 2025
Industry leading insurance technology company, Quility, has now helped one million families find the life insurance coverage they need. This accomplishment comes on the heels of the company’s “InsurTech of...
Posted: Jun 16, 2025
The facility is supported by a panel of insurers from Lloyd’s and company markets in London and Europe.
Posted: Jun 16, 2025
Global revenue grew 13% to $4 billion.
Posted: Jun 16, 2025
ALKEME was founded in 2020 through the consolidation of several brokerages in Southern California.
Posted: Jun 16, 2025
This PL offering includes coverage for a wide range of businesses.
Posted: Jun 16, 2025
What's Going on With FEMA? PaulCarroll Mon, 06/16/2025 - 14:07 David Richardson, the acting he...
Posted: Jun 16, 2025
AI Risks, Climate And Legislation Lead Verisk’s Emerging Issues Bracket Col...
Posted: Jun 16, 2025
Flash flooding caused by torrential rains killed five people in northern West Virginia and rescue crews were searching for three other people who were missing Sunday as authorities assessed damage to roads, bridges, natural gas lines and other infras...
Posted: Jun 16, 2025
The U.S. Supreme Court agreed on Monday to hear a bid by Chevron, Exxon Mobil and other oil and gas companies to have lawsuits brought by two Louisiana localities accusing them of harming the state’s coast over a period of …
Posted: Jun 16, 2025
Purdue Pharma has won support from the attorneys general of 55 U.S. states and territories for its $7.4 billion settlement to resolve thousands of opioid lawsuits against the drugmaker and its owners, members of the Sackler family. A framework for &#...
Posted: Jun 16, 2025
Wipro Limited, a provider of AI-powered technology services and consulting, has released a report which shows that AI spending is set to grow significantly within insurers’ IT budgets. The study, “The AI Advantage: Building Tomorrow’s Insura...
Posted: Jun 16, 2025