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This is not simply about translation. It's about building bridges of understanding, fostering trust, and ushering in an era of inclusive claims management. The post
Posted: Apr 10, 2025
Markel Promotes Brooke to Senior Underwriter of War and Terrorism Markel, the insurance operations within Markel Group Inc., announced that Matthew Brooke has been promoted to senior underwriter, War and Terrorism, effective immediately. Reporting to...
Posted: Apr 10, 2025
London-based reinsurance firm, OAK Re has received Lloyd’s approval to increase the 2025 business plan of Syndicate 2843 to over $400 million of gross written premium. OAK Re’s syndicate business forecast (SBF) was resubmitted after the comp...
Posted: Apr 10, 2025
BroadStreet is a middle-market insurance brokerage focused on commercial and personal property & casualty and employee benefits.
Posted: Apr 10, 2025
The company's first offering is a whole life insurance product with premiums and claims entirely denominated in bitcoin.
Posted: Apr 10, 2025
Insurance Business Magazine - US
Posted: Apr 10, 2025
California Wildfires Had Little Impact on Reinsurers’ Risk Appetite...
Posted: Apr 10, 2025
The Department of Justice recently recovered approximately $5.3 million for a union hit by a business email compromise (BEC) scheme. The judgment was the result of a civil forfeiture complaint filed by the United States in June 2024 seeking the ̷...
Posted: Apr 10, 2025
The U.S. Department of Labor has cited Wisconsin roofing contractor Bacilio Rios Almanza for failing to protect employees atop a residential roof from fatal fall hazards in Appleton in September 2024. After its investigation, the department’s O...
Posted: Apr 10, 2025
The Hanover Insurance Group announced a collaboration with Hagerty to provide specialized insurance for classic cars. Hanover Collector Car, powered by Hagerty, combines the total account protection The Hanover is known for with Hagerty’s exper...
Posted: Apr 10, 2025
Rhonda Hasell has been appointed to lead Hannover Re Bermuda as General Manager and Chief Financial Officer. Hasell brings to her new role over two decades of experience across New Zealand, Australia and the UK. In the past decade, she has focused...
Posted: Apr 10, 2025
Soaring levels of civil unrest and political violence are a key concern for businesses of all sizes as well as their insurers, according to report published by Allianz Commercial. The impact of civil unrest or strikes, riots and civil commotion ̷...
Posted: Apr 10, 2025
With capacity at an all-time high, the energy insurance market continues to soften, driven by a delicate balance between profitability concerns and the pursuit of market share, a recent Willis report has stated. According to the Energy Market Revi...
Posted: Apr 10, 2025
A new bill introduced in California aims to increase transparency and accountability in California’s insurance market by bolstering consumer privacy protections and establishing a privacy rights framework for insurance licensees and their third...
Posted: Apr 10, 2025
The acting chief of the top federal agency for protecting worker rights has signaled a pivot toward prioritizing President Donald Trump’s campaign to stamp out diversity, equity and inclusion programs in the private and public sectors. The init...
Posted: Apr 10, 2025
Global insurance and reinsurance broker Howden has announced the appointment of Kirk Southern as Group Chief People Officer, and will be reporting to David Shalders, Group Chief Operating Officer. Southern has been leading the Group’s People...
Posted: Apr 10, 2025
When President Donald Trump boasted about falling oil prices on social media early Monday, the Texas oil and gas industry didn’t cheer along with him. Trump’s latest round of tariffs set off unease among industry groups representing Texas...
Posted: Apr 10, 2025
ZestyAI, a company specialising in property and climate risk analytics, has disclosed that over 12.6 million US properties are at high risk of hail-related roof damage, costing about $189.5 billion in potential replacement costs. The information w...
Posted: Apr 10, 2025
“Drill, baby, drill” may be Texas’s unofficial motto, but “store, baby, store” is becoming more accurate. The Lone Star State may be the heart of America’s oil and gas map, but it’s quickly becoming the bigge...
Posted: Apr 10, 2025
Early estimates from the National Highway Traffic Safety Administration for traffic fatalities in 2024 indicate that the number of people who died in traffic crashes will reach the lowest point in five years. The NHTSA estimates project that 39,345 p...
Posted: Apr 10, 2025
Totalis Program Underwriters, an underwriting platform providing specialty expertise and solutions for challenging and underserved areas of the market. announced the acquisition of Brownyard MacLean Security Insurance Services, LLC. Brownyard MacLean...
Posted: Apr 10, 2025
A powerful storm system that stalled over states from Texas to Ohio for several days in early April 2025 wreaked havoc across the region, with deadly tornadoes, mudslides and flooding as rivers rose. More than a foot of rain fell …
Posted: Apr 10, 2025
FRANKFORT, Ky. (AP) — After days of deluges overfilled rivers to near-record levels across Kentucky, residents were anxious Tuesday to return to their flooded homes and assess what’s salvageable, even as stubbornly high waters kept some of them...
Posted: Apr 10, 2025
Former Northwestern University football players are finalizing an agreement with the school to settle lawsuits alleging hazing and abuse that led to longtime coach Pat Fitzgerald’s firing, a school spokesman and attorneys said Tuesday. The pres...
Posted: Apr 10, 2025
Jef Van In, CEO of iptiQ, has announced the signing of an agreement to sell iptiQ’s Australian business to Hannover Re, pending regulatory approvals. iptiQ, a digital B2B2C insurance company powered by Swiss Re, is a provider of re/insurance...
Posted: Apr 10, 2025
MONTGOMERY, Ala. (AP) — Alabama lawmakers on Tuesday voted to put new regulations on pharmacy benefit managers in an effort to curb the closure of small pharmacies across the state. The Alabama House of Representatives voted 102-0 for the proposal &#...
Posted: Apr 10, 2025
The Army has made changes to how its helicopters use a safety system that broadcasts aircraft location and has reduced the number of flights over Washington following a collision with a passenger jet that killed 67 people, the head of …
Posted: Apr 10, 2025
WTW, an advisory, broking, and solutions firm, has announced the next step in the rollout of its digital trading platform, Neuron. Liberty Specialty Markets (LSM) is now live on the platform, bringing real-time trading capability for Cyber and Dir...
Posted: Apr 10, 2025
At-Bay, a cyber insurance and security firm known for its integrated “InsurSec” approach, has released its 2025 InsurSec Report, revealing significant shifts in the cyber threat landscape. Drawing on data from its own claims portfolio,...
Posted: Apr 10, 2025
The Cayman Islands is poised to become an increasingly significant player in the global reinsurance market, according to Greg Mitchell, Chair of CIRCA (the Cayman International Reinsurance Companies Association). Speaking ahead of the ReConnect C...
Posted: Apr 10, 2025
Roof repair and replacement cost value totaled nearly $31 billion last year — up nearly 30% since 2022, according to a new report from Verisk. The strategic data analytics and technology provider reported that roof-related line items made up more ...
Posted: Apr 10, 2025
The Fidelis Partnership (TFP) has announced the appointments of Suzanne Wells as Chief Operating Officer (COO) and Erik Manning as Head of Ceded Reinsurance. Effective July 2025, Wells will be based in London. She joins TFP from Arch Insurance Int...
Posted: Apr 10, 2025
Cytora, a digital risk processing platform, has entered into a partnership with Vāyuh, an AI-driven weather forecast and climate analytics company. This collaboration will seamlessly integrate Vāyuh’s advanced climate and weather data models into...
Posted: Apr 10, 2025
Arch Insurance, a division of Bermuda-based re/insurer Arch Capital Group, has appointed Paul Seip as Head of Fine Art & Specie, European Markets, effective immediately. Seip will be based in Rotterdam, and joins Arch Insurance (EU) dac (AIEU)...
Posted: Apr 10, 2025
Coalition, an active insurer focused on preventing digital risks, has launched its new Active Cyber Policy, a reimagined US surplus lines cyber policy designed to protect businesses amid an ever-evolving digital threat landscape. Shawn Ram, Chief...
Posted: Apr 10, 2025
A lesson in how good intentions can go awry. The post The Law of Unintended Consequences: How UK Insurance Regulation M...
Posted: Apr 10, 2025
Report: 75% of Small Businesses Had Workplace Injuries; Mental Health a Growing Concern Three-qu...
Posted: Apr 10, 2025
Allianz Trade, a trade credit insurer, has appointed Matt Williams as Chief Executive Officer (CEO) for UK & Ireland, effective July 1st, 2025, succeeding Sarah Murrow. Murrow will become CEO of Allianz Trade in the Americas also effective Jul...
Posted: Apr 10, 2025
Industry standards body ACORD has launched GRLC Generation 2.0, updating its Global Reinsurance & Large Commercial Standards to support digitalisation throughout the global re/insurance industry. Providing some background, ACORD noted that GRL...
Posted: Apr 10, 2025
Marsh, the insurance brokerage business of Marsh McLennan, announced the launch of CyberShore Bermuda, an exclusive, excess cyber insurance facility that provides Marsh clients with enhanced protection and a streamlined client experience. CyberShore...
Posted: Apr 10, 2025