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Insurance Business Magazine - US
Posted: Jun 16, 2025
Insurance Business Magazine - US
Posted: Jun 16, 2025
Insurance Business Magazine - US
Posted: Jun 16, 2025
Climate insurer Blue Marble has announced the addition of reinsurance broker Guy Carpenter’s President and Chief Executive Officer, Dean Klisura, to its Board of Directors, representing Marsh McLennan. In the role, Klisura succeeds Alex Mocz...
Posted: Jun 16, 2025
Artemis Insurance, the parent brand of Texan Insurance, Ozark Insurance, and Marek Insurance, announced the acquisition of Baton Rouge-based Tyner Jeter Insurance. Formerly part of McInnis Tyner Agency since 1972, the team launched Tyner Jeter Insura...
Posted: Jun 16, 2025
A jury in federal court ruled that a New Orleans police officer who shot and killed a puppy had violated its owners’ constitutional rights but was shielded from punishment under qualified immunity because of his government role, according to th...
Posted: Jun 16, 2025
A jury in federal court ruled that a New Orleans police officer who shot and killed a puppy had violated its owners’ constitutional rights but was shielded from punishment under qualified immunity because of his government role, according to th...
Posted: Jun 16, 2025
A Wisconsin dairy farmer alleged in a federal lawsuit filed Monday that the Trump administration is illegally denying financial assistance to white farmers by continuing programs that favor minorities. The conservative Wisconsin Institute for Law and...
Posted: Jun 16, 2025
CFC, a specialist insurance provider focused on emerging risks and cyber, has named Nick Line as Chief Underwriting Officer (CUO). He will join the insurer in 2026, after spending 28 years at Markel where he most recently held the role of CUO sinc...
Posted: Jun 16, 2025
Everest announced its international insurance division has launched a unified specialties business, bringing together its offerings across marine, aviation, energy & construction, cyber, and industry practices. Paul Trueman has been appointed to...
Posted: Jun 16, 2025
The Washington Post is investigating a cyberattack on the email accounts of some journalists, prompting the newspaper to beef up its online security. The intrusion was discovered late Thursday and the company carried out a forced reset of login crede...
Posted: Jun 16, 2025
Lockton Re, the reinsurance arm of the independent insurance brokerage, achieved 29% revenue growth in the fiscal year ending April 30, 2025. According to the firm, in 2024, the business experienced extensive growth, having established a global fo...
Posted: Jun 16, 2025
College basketball turned heads in March. Now, we're have the final rounds of Verisk's emerging issues bracket that could hold the attention of insurance pros for years to come.
Posted: Jun 16, 2025
College basketball turned heads in March. Now, we're have the final rounds of Verisk's emerging issues bracket that could hold the attention of insurance pros for years to come.
Posted: Jun 16, 2025
The National Highway Traffic Safety Administration on Friday said it was streamlining reviews of requests filed by automakers seeking to deploy self-driving vehicles without required human controls like steering wheels, brake pedals or mirrors. NHTSA...
Posted: Jun 16, 2025
Florida’s governor has signed House Bill 1549 into law, eliminating the requirement that insurance agents make a “diligent effort” to find coverage before placing properties with a surplus lines carrier. Thanks to a late amendment t...
Posted: Jun 16, 2025
The fatal Air India plane crash on June 12, 2025, is expected to harden the aviation reinsurance market, with reinsurers likely to reassess risks related to wide-body aircraft, adjust pricing models, and impose stricter terms, according to GlobalD...
Posted: Jun 16, 2025
Canada’s WestJet Airlines is investigating a cybersecurity incident that has disrupted access to its mobile app and some internal systems, affecting an undisclosed number of users, the airlines said in a statement on Friday. WestJet said specia...
Posted: Jun 16, 2025
A 43-year-old North Carolina insurance agent is out on bond after she was charged with using clients’ identities to gain illicit commissions on life insurance policies, the state Department of Insurance announced. Ashley Barnhardt, of Locust, n...
Posted: Jun 16, 2025
Moody’s, a provider of risk modelling and analytics for the financial and insurance sectors, announced that Version 25 of its RMS North Atlantic Hurricane Models has been approved by the Florida Commission on Hurricane Loss Projection Methodology...
Posted: Jun 16, 2025
This edition of International People Moves details London-based appointments at the broker Specialist Risk Group and the managing general agent CFC Underwriting. A summary of these new hires follows here. Specialist Risk Group Names Former Lockton Ex...
Posted: Jun 16, 2025
Federal investigators found that a pilot’s medication use may have been a contributing factor in a 2023 medical helicopter crash that killed two in Alabama. The National Transportation Safety Board released the final report this month on the Ap...
Posted: Jun 16, 2025
Himanshu Garg has been promoted to Head of New Business Initiatives at Everest Reinsurance. Everest stated that Garg joined the firm in 2018 and has consistently demonstrated deep industry expertise, strategic thinking, and a strong track record o...
Posted: Jun 16, 2025
UK commercial banking group Lloyds has highlighted the growing role financial institutions could play in supporting the country’s long-term development, as firms prepare to expand and invest across key areas such as AI, digital infrastructure, and...
Posted: Jun 16, 2025
Reporting to Ken Norgrove, CEO UK & International, Tovah will have full responsibility for the strategy, P&L and performance of RSA’s Commercial Lines business in the UK.
Posted: Jun 16, 2025
Erie Insurance says it is making “steady progress” in its efforts to restore its computer systems that have been down since its information security team detected unusual activity on June 7. “Our teams—working alongside leading cybe...
Posted: Jun 16, 2025
Specialist global insurer Hiscox has appointed Harriet Hanna as Chief Operating Officer of Hiscox Syndicates Ltd (HSL), the Lloyd’s of London managing agent that underwrites capacity for Hiscox’s business units, including Hiscox London Market. Acc...
Posted: Jun 16, 2025
The fatal crash of Air India flight AI171 on June 12, 2025 is expected to send ripple effects across the global aviation insurance market, significantly affecting insurers and reinsurers in India and globally, according to GlobalData, the London-base...
Posted: Jun 16, 2025
Marsh, an insurance broker, risk advisor and business of Marsh McLennan, has launched Nimbus, its new insurance facility providing clients with comprehensive cover for the construction of large-scale data centres across the UK and Europe. Nimbus,...
Posted: Jun 16, 2025
Howden Re, the reinsurance and advisory division of Howden, and the UCL School of Management have been awarded £200,000 in government funding through a Knowledge Transfer Partnership (KTP), and the project is co-funded by Innovate UK and Howden Re...
Posted: Jun 16, 2025
Marsh, the insurance brokerage business of Marsh McLennan, announced the launch of Nimbus, a new insurance facility providing clients with comprehensive cover for the construction of large-scale data centers across the UK and Europe. The facility – s...
Posted: Jun 16, 2025
Reinsurance company Gallagher Re, through the expertise of its authors James Poynter, William Gildea, Mohit Motwani, and their Cyber Analytics team, presents a comprehensive analysis of how technographic data can be leveraged to enhance underwriti...
Posted: Jun 16, 2025
Finnish authorities have accused senior officers of a Russia-linked vessel that damaged undersea cables last year between Finland and Estonia of criminal offenses related to the wreckage. They say the oil tanker, the Eagle S, dragged its anchor to da...
Posted: Jun 16, 2025
Navigation signals from more than 900 vessels in the Strait of Hormuz and the Persian Gulf went awry over the weekend, creating confusion in the shipping chokepoint as the fighting between Iran and Israel intensified. Starboard Maritime Intelligence...
Posted: Jun 16, 2025
With flight cancellations, delays and other disruptions on the rise, leisure travelers are being increasingly discerning over the level and type of insurance they buy and businesses are turning to specialist advisory services to limit risk. Since 201...
Posted: Jun 16, 2025
Aon has announced the promotion of Brent Rieth to the role of Global Cyber Leader within Commercial Risk Solutions. Rieth, currently head of Cyber Solutions, North America, will now lead Aon’s global cyber strategy, overseeing growth, innovation,...
Posted: Jun 16, 2025
The Satanic Temple Iowa on Tuesday filed a complaint accusing state officials of discriminating against the group because of its members’ religion, having denied them access to the state Capitol building for a December holiday display and event...
Posted: Jun 16, 2025
Lockton, a privately held insurance brokerage, has strengthened its Professional and Executive Risk team with the appointments of Craig Claughton as National Manager – Financial Institutions (FI), based in Queensland and Dennis Moens as Client Man...
Posted: Jun 16, 2025
The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) has renewed its reinsurance treaty arrangement with the Compagnie Algérienne d’Assurance et de Garantie des Exportations (CAGEX) for the 2025 underwriting year. ICIE...
Posted: Jun 16, 2025
NYC Council Passes Bill to Lower Insurance Limits for For-Hire Vehicles With urging from a coalition of for-hire ve...
Posted: Jun 16, 2025
Class Action: Drivers Sour on Lemonade for Exposing License Numbers A new class...
Posted: Jun 16, 2025
Carrier Management is hosting the second event in a series of free “Demo Days”, designed to allow home insurers to experience rapid fire demos of cutting-edge risk tools. The latest online event offers insurance professionals risk assessm...
Posted: Jun 16, 2025
A federal judge in Chicago on Thursday refused to allow the U.S. Consumer Financial Protection Bureau to vacate a racial discrimination settlement reached last year with a mortgage lender, finding there was no basis for granting an extraordinary requ...
Posted: Jun 16, 2025
The auto insurance market is shifting gears. Last year, the sector saw premium growth, lower retention rates and improved loss ratios, leading to a softening market and increased profitability. However, it’s a winding road, according to the 202...
Posted: Jun 16, 2025
AM Best has downgraded the Financial Strength Rating (FSR) to A- (Excellent) from A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICRs) to “a-” (Excellent) from “a+” (Excellent) of the Vermont and California m...
Posted: Jun 16, 2025
The Liberty Company Insurance Brokers hired Connor Dann as vice president, producer. Dann is based in Liberty’s Woodland Hills, California, office. In his new role, Connor focuses on expanding Liberty’s presence in key markets, particular...
Posted: Jun 16, 2025