All Posts

Lurking Risks Temper Institutional Investors’ Positive Outlook for 2025: Survey

Carrier Management

Lurking Risks Temper Institutional Investors’ Positive Outlook for 2025: Survey Institutional investors are h...

Posted: Dec 05, 2024

2024 Atlantic Hurricane Season Could Be Second Costliest on Record: Howden Re

Carrier Management

2024 Atlantic Hurricane Season Could Be Second Costliest on Record: Howden Re With eighteen named storm...

Posted: Dec 05, 2024

Alphabet’s Waymo Expands Robotaxi Service to Miami

Carrier Management

Alphabet’s Waymo Expands Robotaxi Service to Miami Alphabet's Waymo said on Thu...

Posted: Dec 05, 2024

Maryland to Require Security Guard Licensing, Proof of Insurance

Insurance Journal

Starting January 1, 2025, Maryland will begin requiring businesses employing security guards or in-house loss prevention personnel to meet new licensing and certification requirements and provide proof of insurance. According to the legislation (Sena...

Posted: Dec 05, 2024

Bullets in UnitedHealthcare CEO Death Inscribed With ‘Depose,’ ‘Delay’

Insurance Journal

The words “delay” and “depose” were written on a shell casing and a live round recovered in front of the New York Hilton Midtown, where UnitedHealth Group Inc. insurance chief Brian Thompson was fatally shot on Wednesday, acco...

Posted: Dec 05, 2024

GEICO Chooses North Texas as Operation Hub for Commercial Insurance Business

Insurance Journal

GEICO announced the addition 500 new jobs in North Texas in an expansion of its commercial insurance business. Of these positions, 300 will support GEICO’s commercial operations at its Richardson office, which has been designated as a main hub...

Posted: Dec 05, 2024

Protected: On-Demand Webinar — From Setup to Success: Operationalizing your Injury Triage Program

Risk & Insurance

There is no excerpt because this is a protected post. The post Protected: On-Demand Webinar — From Setup to Success:...

Posted: Dec 05, 2024

UK Insurer Aviva Said to Boost Direct Line Takeover Bid to £3.4 Billion

Insurance Journal

Aviva Plc has increased its offer for Direct Line Insurance Group Plc to about £3.4 billion ($4.4 billion), days after its initial proposal to buy the UK motor insurer was rejected, people with knowledge of the matter said. London-listed Aviva &#8230...

Posted: Dec 05, 2024

People Moves: Benekiva Makes Key Leadership Appointments

Insurance Journal

Benekiva, headquartered in West De Moines, Iowa, expanded its leadership team with several new appointments. Krista Eger, vice president of product, previously served as Benekiva’s director of product. Before joining Benekiva, she served as saf...

Posted: Dec 05, 2024

Drones Offer an Unparalleled View of the Biggest Wildfire Risks

Insurance Journal

Spotting dead and downed trees that can fuel explosive fires is like searching for a needle in a haystack for forestry crews. Not so for drones, which can survey thousands of acres in a single afternoon, easily accessing landscapes that …

Posted: Dec 05, 2024

2024 tropical cyclone losses among costliest of the past decade: Munich Re

Reinsurance News

A new white paper from reinsurance company Munich Re reveals that the 2024 tropical cyclone season, characterised by unusually severe storms, ranks among the costliest of the past decade, with losses significantly surpassing the ten-year average....

Posted: Dec 05, 2024

Clearcover Insurance Company reports Q3 2024 results

coverager

The carrier ended the period with $113 million in written premiums.

Posted: Dec 05, 2024

ConnectDER raises $35 million

coverager

MassMutual Ventures participated in the round.

Posted: Dec 05, 2024

AXA XL adds new client relationship leaders

coverager

Russell Caminske and Ryan Larson appointed as Client Relationship Leaders.

Posted: Dec 05, 2024

Sola raises $3.7 million

coverager

Sola offers a supplemental insurance policy for tornado damage.

Posted: Dec 05, 2024

GEICO selects North Texas as newest operations hub for its commercial insurance business

coverager

ePayPolicy, a leading provider of digital payment solutions for the insurance industry, is excited to announce its membership in the National Association of Mutual Insurance Companies (NAMIC).

Posted: Dec 05, 2024

Texas DWC Seeks Public Comment on Telemedicine Rule Proposal

Insurance Journal

The Texas Department of Insurance, Division of Workers’ Compensation (DWC) is seeking public comments for a proposed rule to allow treating doctors to perform maximum medical improvement examinations by telemedicine or telehealth. DWC said the...

Posted: Dec 05, 2024

AM Best Revises Outlook to Positive for CNA

Insurance Journal

AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICRs) of “a+” (Excellent) of the property/casualty (P/C) subsidi...

Posted: Dec 05, 2024

Texas Power Grid Operator Says State is Better Prepared for Extreme Cold

Insurance Journal

Texas’ grid operator warned that the state should prepare for extreme cold this winter but said the state’s main power grid is better equipped than in previous years to withstand a powerful winter storm. At a board meeting on Tuesday, &#8...

Posted: Dec 05, 2024

Texas Power Grid Operator Says State Is Better Prepared for Extreme Cold

Insurance Journal

Texas’ grid operator warned that the state should prepare for extreme cold this winter but said the state’s main power grid is better equipped than in previous years to withstand a powerful winter storm. At a board meeting on Tuesday, &#8...

Posted: Dec 05, 2024

Business Leaders Optimistic Despite Rising Risk Challenges

Risk & Insurance

Business leaders express strong optimism for 2025 despite mounting risks to profitability and operational resilience, HUB research shows. The post

Posted: Dec 05, 2024

Illinois Roofing Contractor Cited Eighth Time for Safety Violations

Insurance Journal

For the eighth time since 2020, federal workplace safety inspectors have cited a Lake Zurich, Illinois roofing contractor for exposing workers to falls from elevation, the leading cause of fatal and serious injuries among people employed in the const...

Posted: Dec 05, 2024

Ivans Index Shows Most Commercial Lines Renewal Rates Up in November

Insurance Journal

Most major commercial lines premium renewal rates were higher month over month, except general liability, which remained consistent with October and Commercial Property and Workers’ Compensation which saw a decrease, according to the November 2...

Posted: Dec 05, 2024

Antares announces Commercial Division leadership team

Reinsurance News

Antares Global Management Limited has announced its leadership structure for the newly created Commercial Division, consisting of Syndicate 1274 and Bermuda-based Antares Re, through new appointments. The division is headed by Mark Graham, CEO of...

Posted: Dec 05, 2024

Investors With $9.5 Trillion Seek Mandatory Scope 3 Emissions Disclosures

Insurance Journal

An influential coalition of pension funds and insurance companies holding a combined $9.5 trillion of assets called on regulators to mandate corporate disclosures of so-called Scope 3 emissions. The Net-Zero Asset Owner Alliance said in a report publ...

Posted: Dec 05, 2024

IAIS adopts global capital standard for insurance supervision

Reinsurance News

The International Association of Insurance Supervisors (IAIS) has adopted the global Insurance Capital Standard (ICS), aiming to promote a resilient insurance sector. IAIS members have also reportedly endorsed substantial updates to the IAIS Insur...

Posted: Dec 05, 2024

Slain UnitedHealth Executive Puts New Focus on CEO Safety Policy

Carrier Management

Slain UnitedHealth Executive Puts New Focus on CEO Safety Policy The UnitedHealth...

Posted: Dec 05, 2024

Personal Lines Results Drive U.S. P/C Insurance 9-Month Underwriting Profit

Carrier Management

Personal Lines Results Drive U.S. P/C Insurance 9-Month Underwriting Profit Growth i...

Posted: Dec 05, 2024

Alabama Singer/Public Adjuster Ordered to Wear Ankle Monitor, Stay Home

Insurance Journal

Austin Tanner, a claims adjuster and aspiring country singer from Alabama, has been confined mostly to his home and must wear an ankle monitor after he violated the terms of his bail bond and traveled to the Country Music Awards …

Posted: Dec 05, 2024

5 Client Retention Strategies for Insurance Agents

Insurance Thought Leadership

5 Client Retention Strategies for Insurance Agents Agent & Broker

Posted: Dec 05, 2024

Prudential Financial names Andrew Sullivan as next CEO

Reinsurance News

The Board of Directors of Prudential Financial, the US insurance and investment firm, have appointed Andrew Sullivan as the company’s next Chief Executive Officer (CEO), effective March 31st, 2025, succeeding Charles F. Lowrey Sullivan is cu...

Posted: Dec 05, 2024

As Providence Mutual Exits Auto Insurance Business, Plymouth Rock to Get Renewals

Insurance Journal

Providence Mutual recently notified state regulators that it is exiting the auto insurance business for both commercial and personal lines n the four states where it currently offers the coverages – Connecticut, Maine, New Hampshire and Rhode Island....

Posted: Dec 05, 2024

Florida Citizens Policy Count Dips Below 1 Million for First Time in Two Years

Insurance Journal

Florida’s Citizens Property Insurance Corp. has dropped below 1 million policies in force for the first time since July 2022, a milestone that officials said reflects an ongoing depopulation program and an improving market in the state. Since J...

Posted: Dec 05, 2024

Liability Loss Trends to Watch

Insurance Thought Leadership

Liability Loss Trends to Watch Claims

Posted: Dec 05, 2024

Zurich North America’s Joffre Mishall on Large Property Risks and Coverage

Risk & Insurance

Zurich North America's Joffre Mishall gives us his take on large property risks and the uncertainties of changing weather. The post

Posted: Dec 05, 2024

AXA joins the Stanford HAI Corporate Affiliate Program

Reinsurance News

Global insurance group AXA has become a new member of the Stanford Institute for Human-Centered AI (HAI) Corporate Affiliate Program. Through collaboration with Stanford faculty, the program aims to promote responsible artificial intelligence deve...

Posted: Dec 05, 2024