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On the Ohio River in Wood County, officials are clearing hurdles to prepare sites for new businesses. Two locations, 70 acres of farmland and a sprawling industrial park, are set to become suitable for development, thanks to the first $150,000 …...
Posted: Aug 27, 2025
On the Ohio River in Wood County, officials are clearing hurdles to prepare sites for new businesses. Two locations, 70 acres of farmland and a sprawling industrial park, are set to become suitable for development, thanks to the first $150,000 …...
Posted: Aug 27, 2025
Florida law enforcement will begin asking commercial truck drivers about their immigration status during inspections at highway weigh stations after a turnpike crash killed three people earlier this month. State Agriculture Commissioner Wilton Simpso...
Posted: Aug 27, 2025
Bermuda’s reinsurance sector maintained its global prominence in 2024, with several of its leading players climbing the premium rankings for non-IFRS 17 reporters, according to data from global rating agency AM Best. Our directory of the top 50 gl...
Posted: Aug 27, 2025
Munich Re analysis reveals mounting threats despite infrastructure investments and improved building codes. The post Hurricane Risk...
Posted: Aug 27, 2025
Insurance Business Magazine - US
Posted: Aug 27, 2025
TransUnion: Aggressive Shopping Continues for Home, Auto Coverage More and more cons...
Posted: Aug 27, 2025
Specialty insurer Beazley has announced the appointment of Jenny Han as Focus Group Leader, Environmental Liability, effective immediately. Han will be based in San Francisco and report to Jerry Sullivan, Head of Professional, Environmental and Me...
Posted: Aug 27, 2025
Sompo Holdings, a subsidiary of Sompo International Holdings, said it has an agreement in place to acquire Aspen Insurance Holdings for about $3.5 billion to further its geographical reach outside of its home territory. Tokyo-based Sompo early this y...
Posted: Aug 27, 2025
A wholly owned subsidiary of Sompo International Holdings (SIH) has agreed to acquire all outstanding Class A ordinary shares of Aspen Insurance in a $3.5 billion deal. The transaction has reportedly been unanimously approved by both companiesR...
Posted: Aug 27, 2025
Liberty Mutual Reinsurance (LM Re), part of Liberty Mutual Insurance Group, and Safehub, a provider of seismic sensor and risk management technology, have launched ShakeNet Parametric, an earthquake parametric insurance solution. The move builds o...
Posted: Aug 27, 2025
The parents of a teen who died by suicide after ChatGPT coached him on methods of self harm sued OpenAI and CEO Sam Altman on Tuesday, saying the company knowingly put profit above safety when it launched the GPT-4o version …
Posted: Aug 27, 2025
WTW, an insurance and reinsurance broking group, has significantly expanded its capabilities in the Kingdom of Saudi Arabia, underscoring the market’s strategic importance. This expansion is the result of the company securing separate licenses for...
Posted: Aug 27, 2025
Parametric insurtech Sola, a company providing data-driven property insurance solutions, has announced that it has secured $8 million in Series A funding, bringing its total funding to $11.7 million. The round was led by FINTOP Capital and JAM FIN...
Posted: Aug 27, 2025
According to the latest AM Best analysis, global reinsurers met the cost of capital for a second consecutive year in 2024, after four years of failing to do so, despite catastrophes like the California wildfires, driven by strong market performanc...
Posted: Aug 27, 2025
Swiss reinsurer SIGNAL IDUNA Reinsurance Ltd (SI Re) has appointed Simone Debono as Underwriting Manager for Italy and Northern Europe. Debono joins SI Re from Helvetia Re, where she spent more than a decade as Senior Underwriter, managing a portf...
Posted: Aug 27, 2025
Moody’s Corporation has disclosed that Moody’s RMS US Wildfire Model v2.0 has completed the review process established by the California Department of Insurance (CDI), enabling insurers to use the catastrophe model in their residential rate filing...
Posted: Aug 27, 2025
Insurance Business Magazine - US
Posted: Aug 27, 2025
Insurance Business Magazine - US
Posted: Aug 27, 2025
Helios Underwriting, a publicly listed company providing direct access to a range of syndicates at Lloyd’s of London, has released updated mid-point forecasts for its syndicate portfolio covering the 2023 and 2024 years of account, based on second...
Posted: Aug 27, 2025
When the Washington Commanders’ quarterback Marcus Mariota landed a last-second touchdown pass to clinch victory against the Dallas Cowboys in January, it’s unlikely devastated Cowboys fans were thinking about turf underlay, or the small...
Posted: Aug 27, 2025
Vienna Insurance Group has announced that its profit before taxes increased to €531.4 million in H1 2025, representing a 10.5% rise compared to the same period in the previous year, driven in part by a substantially lower overall claims developmen...
Posted: Aug 27, 2025
European Union targets to cut CO2 emissions from vehicles, including a 100% reduction for cars by 2035, are no longer feasible, the heads of the European automobile manufacturers’ and automotive suppliers’ associations said on Wednesday....
Posted: Aug 27, 2025
Lockton, a global independent insurance brokerage, has appointed Ryan Bond in the newly created role of Head of Property and Casualty (P&C) for Bermuda, effective September 8th, 2025, based on the island. In his new role, Bond will report to P...
Posted: Aug 27, 2025
Apple can no longer advertise its Apple Watch as a “CO2-neutral product” in Germany, following a court ruling on Tuesday that upheld a complaint from environmentalists, finding that the U.S. tech company had misled consumers. Apple had pr...
Posted: Aug 27, 2025
The four largest European reinsurers – Munich Reinsurance Company (Munich Re), Swiss Reinsurance Company Ltd (Swiss Re), Hannover Rueck SE (Hannover Re) and SCOR SE – achieved a record average return on equity (ROE) of 21.1% in the first half of 2...
Posted: Aug 27, 2025
Moody’s Corporation has appointed Andy Frepp as Interim President of Moody’s Analytics, effective immediately, succeeding Stephen Tulenko, who has resigned to pursue another opportunity. Most recently, Freep served as the Chief Operating Officer o...
Posted: Aug 27, 2025
Another HO Insurer, Viceroy, Approved for Florida Market, Regulators Say Yet another property...
Posted: Aug 27, 2025
Insurance Business Magazine - US
Posted: Aug 27, 2025
Lists published every hurricane season, adjusting the amounts of insurance losses for past events for inflation to current-dollar levels, give a misleading picture of the potential for a single event costing insurers $100 billion. Karen Clark & C...
Posted: Aug 27, 2025
Artificial intelligence company Anthropic said in a court filing on Tuesday that it has resolved a class action lawsuit from a group of U.S. authors who argued that its AI training infringed their copyrights, marking the first settlement in a …
Posted: Aug 27, 2025
A North Carolina woman was sentenced to as much as 12 years in prison after she pleaded guilty to setting six fires in Onslow County, on the state’s southeast coast. Chasity Dawn Keeter, 37, of Jacksonville, pleaded guilty to five …
Posted: Aug 27, 2025
Wealthspire Advisors LLC, an NFP company, has entered into an agreement to acquire Marin Financial Advisors in Larkspur, California. Marin Financial Advisors has provided individuals and families with financial services since 1987. The firm is led by...
Posted: Aug 27, 2025
Grange Insurance Association has submitted an application to the Washington State Office of the Insurance Commissioner to convert to a mutual holding company structure. The plan calls for two new parent entities to be formed, Granwest Mutual Holding...
Posted: Aug 27, 2025
California-based Mercury Insurance compiled a list of the most affordable electric vehicles to insure. The list includes 2025 and 2026 model-year vehicles. Factors examined for the list include claims on similar vehicles, costs to repair and vehicle...
Posted: Aug 27, 2025
Marissa Loewen first started using artificial intelligence in 2014 as a project management tool. She has autism and ADHD and said it helped immensely with organizing her thoughts. “We try to use it conscientiously though because we do realize t...
Posted: Aug 27, 2025
According to AM Best’s analysis, the rating agency’s Asia-Pacific composite (which includes 33 reinsurers domiciled in the region reporting under IFRS 17 accounting standards) recorded an improved combined ratio overall in 2024 of 91.4%, com...
Posted: Aug 27, 2025
A ban on assault weapons that Connecticut put in place after the Sandy Hook Elementary School shooting is constitutional, a federal appeals court said Friday, as it rejected challenges by gun rights advocates who claim it violates the Second Amendmen...
Posted: Aug 27, 2025
The Trump administration’s order to halt work on a nearly completed wind farm off the coast of Rhode Island threatens grid reliability and jobs and defies explanation, business and government leaders from New England said on Monday. State leade...
Posted: Aug 27, 2025
For more than 150 years, horse-drawn carriages have been trotting through Manhattan’s Central Park, weathering the arrival of the automobile, years of criticism from animal rights activists and even a mayoral administration that vowed to ban th...
Posted: Aug 27, 2025
The Federal Aviation Administration on Tuesday touted the reopening of a runway at Philadelphia International Airport through the installation of a system to stop a runaway airplane. The FAA awarded $8.5 million last year for the airport’s firs...
Posted: Aug 27, 2025
OneShield announced the launch of the OneShield AI Hub, the industry’s first centralized environment for the secure development, deployment, and governance of artificial intelligence (AI) solutions within the insurance software ecosystem.
Posted: Aug 26, 2025