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Ryan Specialty Underwriting Managers Forms International Renewable Energy MGU

Insurance Journal

Ryan Specialty Underwriting Managers (RSUM), the specialty underwriting segment of Ryan Specialty, has launched Ryan Specialty Renewables, an international renewable energy managing general underwriter. The MGU is formed from the unification of exist...

Posted: Jun 10, 2025

New Push to Reframe DEI in London Shifts Away from Diversity

Insurance Journal

A new study aims to reframe the global debate surrounding diversity, equity and inclusion in the City of London by focusing less on demographics and more on hiring people with diverse experiences. The report, published on Monday by the Diversity &#82...

Posted: Jun 10, 2025

New Push to Reframe DEI in London Shifts Away From Diversity

Insurance Journal

A new study aims to reframe the global debate surrounding diversity, equity and inclusion in the City of London by focusing less on demographics and more on hiring people with diverse experiences. The report, published on Monday by the Diversity &#82...

Posted: Jun 10, 2025

Multi-Million Dollar Staged Crash Scheme Busted in Louisiana

Carrier Management

Multi-Million Dollar Staged Crash Scheme Busted in Louisiana A suspected staged crash led invest...

Posted: Jun 10, 2025

InsurTech Slide Targets $2B-Plus Valuation in IPO

Carrier Management

InsurTech Slide Targets $2B-Plus Valuation in IPO Insurance tech company Slide i...

Posted: Jun 10, 2025

Hedge Funds Face California Rebuke Over Role in Wildfire Claims

Carrier Management

Hedge Funds Face California Rebuke Over R...

Posted: Jun 10, 2025

Erie Insurance Dealing With Network Outage Affecting All Systems

Carrier Management

Erie Insurance Dealing With Network Outage Affecting All Systems...

Posted: Jun 10, 2025

U.S. P/C Industry Posts $1.1B Q12025 Underwriting Loss: AM Best

Carrier Management

U.S. P/C Industry Posts $1.1B Q12025 Underwriting Loss: AM Best Growth in net earned premiums during the f...

Posted: Jun 10, 2025

Waymo Halts LA Service After Cars Destroyed During Protests

Carrier Management

Waymo Halts LA Service After Cars Destroyed During Pr...

Posted: Jun 10, 2025

Canopius names Tom Losquadro VP of Underwriting for National Hull & Liability US

Reinsurance News

Canopius Group, a specialty and property & casualty insurer and reinsurer, has announced the appointment of Tom Losquadro as Vice President (VP) of Underwriting for National Hull & Liability in the United States. Losquadro joined the firm...

Posted: Jun 10, 2025

UK Judge Warns of Risk to Justice After Lawyers Cited Fake AI-Generated Court Cases

Insurance Journal

Lawyers have cited fake cases generated by artificial intelligence in court proceedings in England, a judge has said — warning that attorneys could be prosecuted if they don’t check the accuracy of their research. High Court justice Victoria Sh...

Posted: Jun 10, 2025

USI Mid-Year Update: Ongoing Trends to Continue

Insurance Journal

Mid-year insurance industry assessments indicate that the ongoing trends of the last six months are likely to persist through the end of the year, even if the conditions in question are defined as unstable or unpredictable. The new USI report, &#8230...

Posted: Jun 10, 2025

Fitch Warns of Rising Mortgage-Bond Risk Due to Extreme Weather

Insurance Journal

For analysts at Fitch Ratings, the recent demolition of a Swiss village by a glacier is fresh proof that climate change is altering the laws of mortgage risk. The world looked on in shock last month as 3 million cubic …

Posted: Jun 10, 2025

Financier Lex Greensill Decries ‘Code of Silence’ Around SoftBank Deals

Insurance Journal

Financier Lex Greensill said there was a “code of silence” around a series of transactions with SoftBank Group Corp. to keep potential losses hidden, in his first public court appearance since the high-profile collapse of his firm. Greens...

Posted: Jun 10, 2025

Unison Risk Advisors Acquires Boutique Hatcher Insurance Agency in Orlando

Insurance Journal

The Orlando-based boutique agency and brokerage Hatcher Insurance is now part of Unison Risk Advisors, Unison announced this week. Hatcher, founded almost 80 years ago, offers property and liability insurance, surety bonding, employee benefits and pe...

Posted: Jun 10, 2025

Connecticut Crumbling Foundation Insurer Seeks $100 Million to Close

Insurance Journal

The state-created captive insurer handling Connecticut homeowners’ claims for crumbling foundations is in line for another $100 million in bond funding in the biennial budget now awaiting Gov. Ned Lamont’s approval. Lawmakers are promisin...

Posted: Jun 10, 2025

People Moves: Campbell Joins Alliant Insurance Services as Northwest Benefits Team VP

Insurance Journal

Alliant Insurance Services namedMary Campbellvice president within its employee benefits group. Based in the Pacific Northwest, Campbell has nearly three decades of experience designing and deploying alternative funding strategies for large, multi-st...

Posted: Jun 10, 2025

Britam acquired 30% stake in Continental Re in 2024 to diversify earnings

Reinsurance News

Britam Holdings has acquired a 30% stake in Continental Reinsurance Company (Kenya) Limited (Continental Re) for Sh763.78 million in the financial year ended December 2024, representing a strategic move to diversify its revenue streams. The stake...

Posted: Jun 10, 2025

Pennsylvania House Advances Bills on Child Sex Abuse Lawsuits

Insurance Journal

Proposals that would let survivors of childhood sexual abuse file lawsuits in Pennsylvania beyond the state’s current statute of limitations passed the state House on Monday, the latest development in a yearslong lobbying campaign. One of the t...

Posted: Jun 10, 2025

On-Demand Webinar — Strategic Health Solutions for Brokers: Delivering Measurable Value for Your Cli...

Risk & Insurance

Discover strategies to strengthen your broker portfolio, deliver better client outcomes and increase retention. The post

Posted: Jun 09, 2025

Bronek Masojada Joins Elysian as Strategic Advisor

IIR

The former Hiscox CEO will support the AI-native TPA’s commercial claims expansion.

Posted: Jun 09, 2025

Encova Selects Sapiens Decision to Support Digital Strategy

IIR

The insurer will use Sapiens software to streamline agent operations and centralize decision-making.

Posted: Jun 09, 2025

Beazley Appoints Head of Parametric Insurance

IIR

Stefan Wunderlich will lead development of property parametric solutions from Beazley’s offices in Zurich.

Posted: Jun 09, 2025

Mylo Partners with UENI to Offer Embedded Business Insurance

IIR

The InsurTech and website builder will jointly provide small businesses with insurance and digital services.

Posted: Jun 09, 2025

Eat Cake rebrands to Milly Books

coverager

The company has a team of 35, according to LinkedIn, reflecting a 17% increase in headcount over the past year.

Posted: Jun 09, 2025

Insurance agency website must haves for 2025

coverager

Why it’s time to update your agency’s site. Here’s how to get started

Posted: Jun 09, 2025

Slide Insurance Holdings announces launch of IPO

coverager

The initial public offering price is currently expected to be between $15 and $17 per share.

Posted: Jun 09, 2025

Guardz raises $56 million

coverager

The startup offers cyber insurance quotes from Cowbell Cyber, Coalition, and Telivy. 

Posted: Jun 09, 2025

Q&A: Strategies for avoiding AI implementation roadblocks with CIO Danielle Conklin

coverager

Written by Dr. Tim Sandle AI has a transformative influence on the business landscape, reshaping operations across diverse sectors and amplifying efficiency, productivity, and decision-making capabilities. Yet in 2024, amidst these...

Posted: Jun 09, 2025

Waymo Halts LA Service After Cars Destroyed During Protests

Insurance Journal

Waymo has suspended service of its ride-hailing service in downtown Los Angeles after its vehicles were set on fire during protests against immigration raids in the area. Waymo doesn’t believe the protests are related to the company specificall...

Posted: Jun 09, 2025

Mary Meeker Weighs in on AI

Insurance Thought Leadership

Mary Meeker Weighs in on AI PaulCarroll Mon, 06/09/2025 - 15:11 Mary Meeker, a high-profile an...

Posted: Jun 09, 2025

Homeowners Suing USAA and AAA Insurers Over LA Wildfires

Carrier Management

Homeowners Suing USAA and AAA Insurers Over LA Wildfires Some h...

Posted: Jun 09, 2025

Tropical Storms Barbara, Cosme Gather Strength in the Pacific

Carrier Management

Tropical Storms Barbara, Cosme Gather Strength in the Pacific Two tropical storms gathered strength off...

Posted: Jun 09, 2025

Several Reasons Why Americans Are Slow to Adopt EVs: Survey

Carrier Management

Several Reasons Why Americans Are Slow to Adopt EVs: Survey U....

Posted: Jun 09, 2025

US Official Reports NOAA ‘Fully Staffed’ With Forecasters, Scientists

Carrier Management

US Official Reports NOAA ‘Fully Staffed’ With Forecasters, Scientists U.S. Commerce Secretary Howard...

Posted: Jun 09, 2025

Million-Dollar Medical Claims Soar, Putting Employers Under Pressure

Risk & Insurance

High-cost health claims jumped 29% in the past year and 61% over four years, with cancer leading the surge and nearly 90% of self-funded employers hit by catastrophic expenses, Sun Life reports. The post

Posted: Jun 09, 2025

Insurance Companies Urged to Respond to TDI Data Call by July 11

Insurance Journal

The Texas Department of Insurance (TDI) said it has issued a data call to Insurance companies writing personal automobile and residential property policies to gather information for the HelpInsure.com website. TDI said in a commissioner’s bulle...

Posted: Jun 09, 2025

Report Reveals Delay in Deploying Specialized Plane in Ohio Train Derailment

Insurance Journal

A specialized plane equipped with advanced sensors that the government deploys to chemical disasters could have helped authorities avoid needlessly blowing open five rail tank cars and burning their toxic contents after the disastrous 2023 East Pales...

Posted: Jun 09, 2025

McDonald’s Keeps ‘Core’ Inclusion Programs Despite DEI Backlash

Insurance Journal

McDonald’s Corp. said it’s sticking to its most important inclusion initiatives, even as the Trump administration and conservative activists attack diversity, equity and inclusion practices. McDonald’s earlier this year retired &#82...

Posted: Jun 09, 2025

EPA Reaches $1.1M Settlement With Illinois Chemical Solutions Company

Insurance Journal

The U.S. Environmental Protection Agency announced a settlement with chemicals solutions company Stepan Co. of Northbrook, Illinois, for allegedly distributing or selling a misbranded pesticide in violation of the Federal Insecticide, Fungicide, and...

Posted: Jun 09, 2025

Predict & Prevent® Podcast Episode 18: Wearable Allies: Transforming Workplace Safety

Risk & Insurance

MākuSafe's Glynn on how sensor technology captures environmental and motion data to help safety professionals address hazards before injuries occur. The post

Posted: Jun 09, 2025

Louisiana Police Officer Who Fatally Shot a Puppy Will Face a Jury Lawsuit Trial

Insurance Journal

A New Orleans police officer who shot and killed a puppy while responding to a call is set to go to trial Monday in a federal lawsuit filed by the dog’s owners. The Catahoula Leopard dog ran up to Officer …

Posted: Jun 09, 2025