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The U.S. Environmental Protection Agency announced a settlement for alleged violations of the Clean Air Act with Nalco Production LLC and Nalco Co. LLC. The companies manufacture polymer blend chemicals at their facility at 6216 W. 66th Place in Chic...
Posted: May 09, 2025
Patriot Growth Insurance Services announce its partnership with Ladd Gardner Aviation Insurance (LGA), an aviation insurance agency based in Addison, Texas. Founded in 2007 by aviation enthusiast and industry veteran, Ladd Gardner, the agency brings...
Posted: May 09, 2025
Texas lawmakers hope to rein in homeowners’ rising insurance bills even as they acknowledge there’s only so much they can do to tackle costs. Legislators have advanced bills to limit how much insurance companies can hike rates and help ho...
Posted: May 09, 2025
The Supervisory Board of DEVK Rückversicherungs- und Beteiligungs-AG-DEVK RE has announced the appointment of Annette Hetzenegger and Dr. Fabian Pütz as new members of the Executive Board, effective June 1, 2025. Hetzenegger will be fully responsi...
Posted: May 09, 2025
SiriusPoint Promotes Fenn to Global Head of Marine SiriusPoint Ltd., the Bermuda-based specialty insurer and reinsurer, announced the promotion of Chris Fenn to global head of Marine, in addition to two strategic appointments to strengthen its global...
Posted: May 09, 2025
kWh Analytics, a provider of climate insurance, has partnered with Nextracker, a provider of solar tracking solutions, to help secure improved insurance terms for a solar project in Arkansas—cutting the severe convective storm deductible by 50%. T...
Posted: May 09, 2025
Clear Group’s Shape Underwriting Acquires HNW Specialist Protect Underwriting Shape Underwriting, the London-headquartered managing general agent, has acquired Protect Underwriting LLP, a specialist MGA in private client high-net-worth business...
Posted: May 09, 2025
The St. Cloud Area Family YMCA will pay $140,000 and provide other relief to settle a sexual harassment lawsuit filed by the U.S. Equal Employment Opportunity Commission (EEOC), the federal agency announced this week. The EEOC charged in its suit ...
Posted: May 09, 2025
Reinsurance market dynamics are seemingly more favourable to buyers in 2025, with Palomar Holdings CEO Mac Armstrong reporting that all placements so far have exceeded the company’s initial forecast of flat to down 5%. “All placements to-dat...
Posted: May 09, 2025
International Holding Co., Abu Dhabi’s largest listed company that’s overseen by a key member of the emirate’s royal family, is setting up a $1 billion reinsurance venture with BlackRock Inc. The yet-to-be-named firm will launch wit...
Posted: May 09, 2025
Personal lines lead sector's recovery with 10-point improvement in combined ratio, while commercial segment shows mixed performance, S&P reports. The post
Posted: May 09, 2025
Global insurance and reinsurance broker Aon has announced that Carlo Clavarino, Executive Chairman, International, will continue in his role until 2029, following a contract extension. “Carlo is widely recognized and admired as one of the leading...
Posted: May 09, 2025
The latest people news in the industry today. The post Lloyd’s Names Patrick Tiernan Chief Executive Officer appeared first on
Posted: May 09, 2025
The latest people news in the industry today. The post Kapil Mohan Appointed Chief Client Offic...
Posted: May 09, 2025
The latest people news in the industry today. The post Marsh Names Jim Dunn as U.S. Construction Practice Leader appeared first on
Posted: May 09, 2025
The latest people news in the industry today. The post Aon Names Amanda Lyons CEO of Reinsurance Solutions Limited in Bermuda...
Posted: May 09, 2025
New York law enforcement officials reported that 20 men and women have been indicted and charged with participating in a scheme to steal cars throughout New York City and its suburbs. The vehicles — which officials said were valued at …
Posted: May 09, 2025
Armilla Insurance Services, a specialist managing general agent and Lloyd’s Coverholder focused on emerging technologies, has launched a new AI Liability Insurance policy designed specifically to address the growing legal and operational risks tie...
Posted: May 09, 2025
InsurTech leader's Power of Partnership Award celebrates the agency's commitment to innovation and collaboration
Posted: May 09, 2025
Chubb offers home insurance to Vivo’s customers in Brazil.
Posted: May 09, 2025
Higginbotham’s Day Two Services® to be integrated with CCI’s CompCorrect® AI platform.
Posted: May 09, 2025
Terms of the transaction were not disclosed.
Posted: May 09, 2025
The two companies will enter a joint venture to deliver technology-enabled embedded solutions to distribution partners across a number of markets in Asia.
Posted: May 09, 2025
Wichita National Life implements Hexure’s FireLight to power annuity sales and market expansion.
Posted: May 09, 2025
Electric providers in New Mexico told the state’s utility regulator at citizens at a hearing on Thursday in Santa Fe that residents should be prepared to potentially lose power when high winds and dry conditions raise wildfire risk in their ...
Posted: May 09, 2025
Electric providers in New Mexico told the state’s utility regulator at citizens at a hearing on Thursday in Santa Fe that residents should be prepared to potentially lose power when high winds and dry conditions raise wildfire risk in their ...
Posted: May 09, 2025
Extreme weather is an increasingly expensive problem in the US. Last year, fires, droughts and storms caused more than $182 billion in damages — but going forward, the federal government won’t be keeping track. The National Oceanic and Atmosphe...
Posted: May 09, 2025
Global Indemnity Group has announced its financial results for the first quarter of 2025, reporting a net loss available to common shareholders of $4.1 million, which includes $12.2 million after tax of net loss attributed to California Wildfire e...
Posted: May 09, 2025
A federal judge narrowed but stopped short of dismissing a lawsuit by investors seeking to hold celebrities like sports stars Tom Brady, Stephen Curry and Shohei Ohtani liable for promoting the collapsed cryptocurrency exchange FTX. The investors sai...
Posted: May 09, 2025
The threats of sexual harassment and other forms of workplace abuse are no longer limited to physical proximity. The post RISKWORLD™ 2025 Coverage: Navig...
Posted: May 09, 2025
Monument Re Limited, a life insurance reinsurer and insurance holding company, has completed the transfer of a legacy €1.4 billion reinsurance portfolio, comprising annuity and other life insurance liabilities from its 2020 Greycastle acquisition,...
Posted: May 09, 2025
According to a recent commentary published by AM Best, the credit rating agency, the Taiwan dollar has strengthened against the US dollar at a speed not previously recorded, gaining approximately 8% within a two-day span. AM Best states that this...
Posted: May 09, 2025
Human-caused climate change intensified deadly rainfall in Arkansas, Kentucky, Tennessee and other states in early April and made those storms more likely to occur, according to an analysis released Thursday by the World Weather Attribution group of...
Posted: May 09, 2025
Ken Griffin’s Citadel is putting its Florida lobbying muscle behind an effort to allow four-year non-compete clauses and garden leaves in its home state, tightening employers’ hold on well-paid staffers and executives considering defectio...
Posted: May 09, 2025
Florida-domiciled insurtech HCI Group, Inc. has reported a 17% rise in consolidated gross premiums earned to $300.4 million for the first quarter of 2025, up from $256.6 million in Q1 2024, driven primarily by assumptions of policies from Citizens...
Posted: May 09, 2025
Zurich Insurance P/C Revenue Rises in 1st Quarter; Targets Affirmed Zu...
Posted: May 09, 2025
President Donald Trump’s immigration crackdown is making it harder for foreigners to buy and rent homes, threatening a key pillar of Miami’s half-decade-long economic boom. Miami, like much of the US, had already been seeing a real estate...
Posted: May 09, 2025
When quarterback Shedeur Sanders slid to the fifth round of the 2025 NFL Draft, many football fans were left shocked that the much-hyped University of Colorado product was passed over time and again. Now one fan is suing the NFL …
Posted: May 09, 2025
MSIG USA, an insurance subsidiary under MSIG Holdings, has strengthened its analytics and enterprise risk governance leadership with the appointment of Tony Beirne as Chief Actuary and Dale James as Chief Risk Officer. These appointments align wit...
Posted: May 09, 2025
The European Union’s plan to slash the scope of new ESG regulations opens the door to a wave of litigation, as companies would no longer be required to act in a way that lives up to the bloc’s climate law. …
Posted: May 09, 2025
Saudi Re has reported a net profit after zakat attributable to shareholders of SAR 35.4 million for Q1 2025, up from SAR 31.8 million in the same period last year. The company attributed the increase in net profit primarily to a 56% rise in reinsu...
Posted: May 09, 2025
AXA XL, the property and casualty (P&C) and specialty risk division of global insurer AXA, has announced the promotion of Ben Kinsella to Head of Risk Managed Underwriting, Retail, UK & Lloyd’s. In his new role, Kinsella will leverage his...
Posted: May 09, 2025
The Association of British Insurers (ABI), the trade body representing the UK’s insurance and long-term savings industry, has revealed that insurance claims related to extreme weather have reached a record high in the first quarter of 2025 — inten...
Posted: May 09, 2025
Insurance needs to put up a better fight in the court of public opinion. The post Insurance: Face Your Enemy appeared first on Ris...
Posted: May 09, 2025
Amwins, a distributor of specialty insurance products and services, has announced the launch of CoverCap, a proprietary E&S solution providing primary property coverage tailored for the middle-market segment. Built for efficiency and backed by...
Posted: May 09, 2025
Charlie Clarke fell severely ill in late summer 2023 after a swim at Clevedon Marine Lake in southwest England while training for a Triathlon. The next day he collapsed on the street near his home and was taken to the …
Posted: May 09, 2025
Commenting on the trade deal between the US and UK, as well as the Bank of England’s interest rate cut, Alex Bertolotti, Insurance Leader at PwC UK, noted that while UK insurance companies do not anticipate a direct impact, they are likely to welc...
Posted: May 09, 2025
Australian insurer QBE has reported strong gross written premium growth in Q1 2025, up 7% compared to the same period of 2024 to $8.3 billion. Excluding premium rate increases of 3.4%, QBE noted that ex-rate growth of 7% was driven by ongoing and...
Posted: May 09, 2025
Heritage Insurance Holdings, a super-regional P&C insurer, purchased $2.479 billion of catastrophe reinsurance limit at its 2025 renewal, which is up on last year’s $2.194 billion of limit, while this year’s placement included a hi...
Posted: May 09, 2025
Global insurer Chubb has announced the appointment of Carla Orejas as Head of Major Accounts and Distribution for Continental Europe, Middle East and North Africa (CEMENA), effective June 2, 2025. In her new role, Orejas will work in partnership w...
Posted: May 09, 2025