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People Moves: SCM Names Valenzuela VP and Bond Manager; Breiter Joins Alliant in California

Insurance Journal

Valenzuela Joins SCM as Vice President and Bond Manager SullivanCurtisMonroe Insurance Services named Adriana Valenzuela vice president and bond manager. Before joining SCM, Valenzuela managed the surety department for Alliant Insurance Services&#821...

Posted: Apr 24, 2025

Nexus appoints Ana Ortega Lamaignère as Broker & Partner Manager, Spain

Reinsurance News

Nexus Underwriting, a specialty Managing General Agent (MGA), has announced the appointment of Ana Ortega Lamaignère as Broker & Partner Manager for Spain in its Trade Credit business in Europe, effective April 1st, 2025. In her new role, Lama...

Posted: Apr 24, 2025

Viewpoint: What Tariffs and Steel Prices Mean for E&S Construction Insurance in California

Insurance Journal

Steel prices have been anything but steady in recent years. With renewed discussions around tariffs and trade restrictions, another wave of volatility may be on the horizon. While much attention is paid to how rising material costs impact builders an...

Posted: Apr 24, 2025

Viewpoint: What Tariffs, Steel Prices Mean for E&S Construction Insurance in California

Insurance Journal

Steel prices have been anything but steady in recent years. With renewed discussions around tariffs and trade restrictions, another wave of volatility may be on the horizon. While much attention is paid to how rising material costs impact builders an...

Posted: Apr 24, 2025

A California New Car Group is Suing Volkswagen and Affiliate for Violating Franchise Laws

Insurance Journal

The California New Car Dealers Association filed a lawsuit against Volkswagen and its affiliate, Scout Motors, for allegedly violating California’s franchise laws. The CNCDA lawsuit, filed in in San Diego County Superior Court, asserts that Vol...

Posted: Apr 24, 2025

A California New Car Group Sues Volkswagen and Affiliate for Violating Franchise Laws

Insurance Journal

The California New Car Dealers Association filed a lawsuit against Volkswagen and its affiliate, Scout Motors, for allegedly violating California’s franchise laws. The CNCDA lawsuit, filed in in San Diego County Superior Court, asserts that Vol...

Posted: Apr 24, 2025

Maryland Slashes Damages Amount Allowed in Child Sex Abuse Cases

Insurance Journal

Maryland, which in 2023 passed the Child Victims Act (CVA) that allows survivors who were victims of sexual abuse as minors to sue their abusers anytime, has now cut by half the amounts that may be awarded in such claims. …

Posted: Apr 24, 2025

Maryland Slashes Damages Amounts Allowed in Child Sex Abuse Cases

Insurance Journal

Maryland, which in 2023 passed the Child Victims Act (CVA) that allows survivors who were victims of sexual abuse as minors to sue their abusers anytime, has now cut by half the amounts that may be awarded in such claims. …

Posted: Apr 24, 2025

Transforming MGA and Wholesaler Accounting with Expert Insured’s Tailored Accounting Solution

Insurance Journal

This post is part of a series sponsored by Expert Insured. Accounting is often one of the most challenging aspects of managing an MGA or wholesaler operation. Built on 15 years of proven use by insurance professionals, Expert Insured’s accounti...

Posted: Apr 23, 2025

Wildfire Losses Cut Chubb Q1 Net Income 38%; Tariffs Create ‘Confusion’

Carrier Management

Wildfire Losses Cut Chubb Q1 Net Income 38%; Tariffs Create ‘Confusion’ First quarter 2025 net in...

Posted: Apr 23, 2025

15 Years After Deepwater Horizon Oil Spill, Lawsuits Stall and Restoration Is Incomplete

Carrier Management

15 Years After Deepwater Horizon Oil Spill, Lawsuits Stall and Restoration Is Incomplete Fifteen years...

Posted: Apr 23, 2025

Dog Bite Claims Soar in Frequency and Cost: Report

Carrier Management

Dog Bite Claims Soar in Frequency and Cost: Report Insurers in the US paid out $1.57 billion in dog-related in...

Posted: Apr 23, 2025

Many Canadian ‘Snowbirds’ Selling US Homes, Heading North for Good

Carrier Management

Many Canadian ‘Snowbirds’ Selling US Homes, Heading North for Good The n...

Posted: Apr 23, 2025

Political, Global Uncertainty Influence C-Suite Turnover: Survey

Carrier Management

Political, Global Uncertainty Influence C-Suite Turnover: Survey While C-Suite executives re...

Posted: Apr 23, 2025

Southern Marine launches admitted ocean cargo program

coverager

This marks Southern Marine’s expansion beyond E&S into admitted capacity.

Posted: Apr 23, 2025

The Competitive Advantage of Smarter Payouts

Insurance Thought Leadership

The Competitive Advantage of Smarter Payouts Customer Experience

Posted: Apr 23, 2025

ERISA Lawsuits Surge Refocuses Risk Management

Insurance Thought Leadership

ERISA Lawsuits Surge Refocuses Risk Management Life & Health

Posted: Apr 23, 2025

Georgia Cracks Down on Legal System Abuse with Comprehensive Reforms

IA Magazine

This week, Georgia Gov. Brian Kemp signed into law a comprehensive package of legal reform measures designed to restore balance and fairness to the state’s troubled civil justice system.

Posted: Apr 23, 2025

Equisoft Expands VP Simon Richardson’s Role in U.K. and Europe

IIR

Richardson will lead sales and account management to accelerate regional growth and adoption of Equisoft’s digital solutions.

Posted: Apr 23, 2025

Smart Communications Acquires Joisto to Expand Archival Capabilities for Insurance

IIR

The deal adds cloud-based document storage and compliance tools to the Smart Communications’ Conversation Cloud platform.

Posted: Apr 23, 2025

Big ‘I’ Legislative Conference: Issues Briefing Released, Speakers Announced

IA Magazine

Get up to speed on the key issues that will be the focus of the 2025 Big "I" Legislative Conference and check out the lineup of congressional speakers.

Posted: Apr 23, 2025

How the NAIC’s RBC Overhaul Will Reshape Insurance in 2025

IIR

Insurers must prepare for major shifts in capital adequacy rules as the NAIC advances a principles-based framework for evolving market risks.

Posted: Apr 23, 2025

Why AI Is Game-Changer for Insurance Compliance

Insurance Thought Leadership

Why AI Is Game-Changer for Insurance Compliance Commercial Lines

Posted: Apr 23, 2025

Buckle files for Chapter 7 bankruptcy

coverager

Buckle disclosed 50-99 creditors, $0-$50k in assets, and $10M-$50M in liabilities.

Posted: Apr 23, 2025

Texas-Based Insurtech Steadily Secures $30M Series C Round

Insurance Journal

Steadily, a provider of landlord insurance in the U.S., announced $30 million in Series C funding led by Two Sigma Ventures at a $355 million valuation. Steadily serves 18 million individual rental property owners who collectively own the majority of...

Posted: Apr 23, 2025

Tinubu acquires Innoveo

coverager

Innoveo is a no-code enterprise software company.

Posted: Apr 23, 2025

Millennial Shift Technologies expands partnership with Indemn

coverager

The platform builds on their recent launch of an AI-powered personal cyber product for high-net-worth individuals.

Posted: Apr 23, 2025

Protected: The Critical Role of Defense Counsel in Securities Class Actions: BHSI’s Approach

Risk & Insurance

There is no excerpt because this is a protected post. The post Protected: The Critical Role of Defense Counsel i...

Posted: Apr 23, 2025

Navigating the Storm: Effective Strategies for Natural Disaster Preparedness and Recovery

Risk & Insurance

Understanding effective disaster preparedness, and how to navigate insurance claims following a disaster, has never been more critical, says Beau Bishop of Charles Taylor. The post

Posted: Apr 23, 2025

Workers’ Comp ERP Changes Reinforce the Value of Proactive Risk Mitigation

Risk & Insurance

Agents play a critical role in helping businesses prevent claims and more effectively manage their workers' compensation costs. The post

Posted: Apr 23, 2025

Insurance Industry Charitable Foundation Establishes Minnesota Chapter

Insurance Journal

The Insurance Industry Charitable Foundation, a nonprofit organization dedicated to helping communities and enriching lives, recently announced the establishment of the IICF Minnesota Chapter, part of the IICF Midwest Division. Based in Minneapolis a...

Posted: Apr 23, 2025

Texas Farmers Fear Proposed Legislation Could Devastate Hemp Economy

Insurance Journal

Andrew Hill, who studied and farmed hemp in California before it was legal in Texas, was a keynote speaker at the state’s first-ever agricultural hemp expo in Dallas in 2019. Amid considerable hype and excitement that followed the recent federa...

Posted: Apr 23, 2025

AXA proposes renewal of CEO Thomas Buberl’s mandate in 2026

Reinsurance News

Large French insurer AXA’s Board of Directors has proposed the renewal of Thomas Buberl’s mandate as a director and intends to reappoint him as the company’s Chief Executive Officer (CEO). Buberl has served as CEO and Director of AXA s...

Posted: Apr 23, 2025

Class Action Accuses Toyota of Illegally Sharing Drivers’ Data with Progressive

Insurance Journal

A federal class action lawsuit filed this week in Texas accuses Toyota and an affiliated telematics aggregator of unlawfully collecting drivers’ information and then selling that data to Progressive. The lawsuit alleges that Toyota and Connecte...

Posted: Apr 23, 2025