All Posts
Workers’ compensation remained a healthy and profitable line in 2024 but claims severity grew with an increase of 6% for medical claim severity and 6% for indemnity claim severity. That’s according to the National Council on Compensation...
Posted: May 15, 2025
Xiaomi Corp. electric vehicle sales in China have taken a hit since March after a fatal highway accident and consumer unhappiness around the marketing of one version of its car. Orders for Xiaomi’s SU7 sedan plunged to around 36,000 units ̷...
Posted: May 15, 2025
AXA XL, the property and casualty (P&C) and specialty risk division of global insurer AXA, has strengthened its Indian Branch with the appointments of Saurabh Bhootara, Priya Manchanda, Vinod Kumar, Saumitra Sharma, and Akash Jain in Mumbai. T...
Posted: May 15, 2025
Conduit Re, a Bermuda-based reinsurer specialising in property, casualty, and specialty lines, has made some notable changes to its outward reinsurance strategy, aiming to better shield its portfolio from increasingly volatile secondary perils suc...
Posted: May 15, 2025
Reinsurance broker Gallagher Re has announced the appointment of Henrik Hoppendorff as Senior Facultative Broker, EMEA. Based in Stockholm, Hoppendorff will be working within the Nordic team, but also serving the broader EMEA region. His 14 years...
Posted: May 15, 2025
British insurer Aviva has reported general insurance (GI) premium growth of 9% to £2.9 billion in the first quarter of 2025, compared to £2.7 billion in the comparative prior year quarter. Country-wise, UK&I GI premiums grew by 12% to £2 billi...
Posted: May 15, 2025
Insurance Advisory Partners (IAP), the specialised investment bank focused exclusively on insurance, insurance services, and the insurtech industry, has announced the appointment of Benjamin James as Partner in the firm’s London office, effective...
Posted: May 15, 2025
Despite significant large loss payments, Talanx generated group net income of €604 million in Q1 2025, the strongest quarterly result in its history, highlighting its robust position with a balanced mix of Primary Insurance and Reinsurance. Accord...
Posted: May 15, 2025
Much has been written about how technologies can make work a safer place. These are the tech tools that are helping post injury. The post
Posted: May 15, 2025
French President Emmanuel Macron said on Thursday that getting European regulation to be more in sync with the United States and the United Kingdom was one of his priorities for the banking and insurance sectors. Speaking at JPMorgan’s markets...
Posted: May 15, 2025
Starwind Specialty Insurance Services, a CRC Group company, has expanded its underwriting expertise with the launch of four new insurance programs: Starwind Environmental, Starwind PVT (Political Violence & Terrorism), Starwind Equipment, and...
Posted: May 15, 2025
WTW, an advisory, broking, and solutions firm, has expanded Luke Ware’s role to include serving as Head of Asia, effective immediately. He currently serves as the Head of Corporate Risk & Broking, Asia. In his new dual capacity, Ware wil...
Posted: May 15, 2025
Allianz has reported a record operating profit of €4.2 billion for Q1 2025, marking a 6.3% increase from Q1 2024, keeping the firm on track to meet its full-year operating profit target of €16 billion. The Property & Casualty (P&C) segment...
Posted: May 15, 2025
Bermuda-based insurer and reinsurer Fidelis Insurance Holdings Limited has reported a net loss of $42.5 million and a higher combined ratio of 115.6% for the first quarter of 2025, as catastrophe losses, driven by the California wildfires, dented...
Posted: May 15, 2025
AM Best, a credit rating agency, has released a new report showing continued growth in the premiums generated by non-admitted insurers within the US surplus lines market. This rise in premiums highlights significant opportunities spurred by ongoin...
Posted: May 15, 2025
Aon, the global insurance and reinsurance broking group, has appointed Lambros Lambrou as its Chief Strategy Officer, where he will be responsible for key Aon Executive Committee initiatives, effective immediately. Aon explains that these initiati...
Posted: May 15, 2025
Expedia is expanding its B2B business with new APIs and advertising features.
Posted: May 15, 2025
The appointments reflect AXA XL’s commitment to India as a strategic growth market in Asia.
Posted: May 15, 2025
Latest Info on Food Poisoning Illnesses Caused by Listeria A listeria outbreak linked to ready-to-eat s...
Posted: May 15, 2025
More Companies Propose Voting “Dexit” to Leave Delaware In the coming weeks,...
Posted: May 15, 2025
Indictments Announced in $4.6M New York Vehicle Theft Ring Twenty defendants have been indicted and charged in a wide-ranging scheme to steal cars throughout New York City and its suburbs, according to an announcement by the Queens District Attorney'...
Posted: May 15, 2025
Markel Insurance, the insurance arm of Markel Group Inc., has strengthened its International War and Terrorism unit in the US with the appointment of Joshua Watson as Senior Underwriter and Bridget Canderelli as Underwriting Support Specialist. Th...
Posted: May 15, 2025
With combined ratios for personal and commercial lines landing only 0.4 points apart last year, the property/casualty insurance industry’s aggregate 2024 combined ratio was 96.5—marking the lowest figure since 2013, a new report shows. Fine-tun...
Posted: May 15, 2025
With combined ratios for personal and commercial lines landing only 0.4 points apart last year, the property/casualty insurance industry’s aggregate 2024 combined ratio was 96.5—marking the lowest figure since 2013, a new report shows. Fine-tun...
Posted: May 15, 2025
It’s not just a few Florida-domiciled insurance carriers that have allegedly altered field adjusters’ reports on property damage in recent years. It’s also major national insurers, including Allstate and State Farm, adjusters and po...
Posted: May 15, 2025
Inland marine managing general underwriter TIMBY Specialty Insurance Solutions launched its Warehouse Legal Liability Coverage, a product specifically for public and contract warehouses that handle third-party property. With limits up to $5 million p...
Posted: May 15, 2025
In the coming weeks, investors in nine public companies worth at least $1 billion each will vote on proposals to ditch Delaware as their place of incorporation, potentially denting the state’s longtime reputation as Corporate America’s ca...
Posted: May 15, 2025
Four brokerage firms, Aon Polska, GrECo Polska, Marsh, and Smartt Re, are to support Poland’s state-owned SPV Polskie Elektrownie Jadrowe (PEJ) in the purchase of insurance for the country’s first nuclear project in Pomerania, among other op...
Posted: May 15, 2025
Paul Roberts joined Alliant Insurance Services, headquartered in Irvine, California, as senior vice president within its employee benefits group. Based in Boston, Massachusetts, the consultant has expertise in employee benefits, risk management and r...
Posted: May 15, 2025
Capital One was sued on Wednesday by New York Attorney General Letitia James, who accused the bank of cheating depositors with its flagship “high interest” savings accounts out of millions of dollars in interest. The lawsuit followed the...
Posted: May 15, 2025
A technological glitch caused an emergency alert to be mistakenly sent to millions of Los Angeles County residents in January rather than only those in the proximity of a wildfire, according to a congressional report. The mistaken alert on Jan. ̷...
Posted: May 15, 2025
Fionna Kossmann joins as product owner to support AI-driven claims development.
Posted: May 14, 2025
The homeowners insurer chooses BriteCore to support coastal market growth.
Posted: May 14, 2025
The firm, which helps organizations bring products and programs to market quicker and more efficiently, will use the funding to grow its technology platform and team.
Posted: May 14, 2025
Despite rising concerns, 26% of commercial property owners admit to knowingly carrying inadequate insurance coverage to account for severe weather events, an 8-point increase from 2023.
Posted: May 14, 2025
Insurance Information Institute
For Immediate Release Triple-I: Loretta Worters, [email protected] Milliman: Jeremy Engdahl-Johnson, [email protected] MALVERN, Pa., May 15, 2025 – The U.S....
Posted: May 14, 2025
The life insurer will use the platform to expand flexible payment options for policyholders.
Posted: May 14, 2025
As AI transforms insurance, empathy must be redefined around outcomes, personalization, and thoughtful human-machine interaction.
Posted: May 14, 2025
Alphabet’s Waymo is recalling more than 1,200 self-driving vehicles to update software and address risks of collisions with chains, gates and other roadway barriers after U.S. auto safety investigators opened a probe last year. The recall affec...
Posted: May 14, 2025
More than 200 firefighters battled a massive blaze that broke out at a west Baltimore warehouse, disrupting Amtrak service in the area and prompting officials to move dozens of area residents. Commuter rail service was canceled Tuesday amid fears the...
Posted: May 14, 2025
The offering is expected to close on May 16, 2025, subject to the satisfaction of customary closing conditions.
Posted: May 14, 2025
American Integrity serves over 385,000 policyholders across Florida, Georgia, and South Carolina.
Posted: May 14, 2025