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Progressive added around 318k policies to its overall count.
Posted: Aug 20, 2025
Artificial intelligence (AI) has made enormous strides in recent years and is now used in almost every industry. From education to cybersecurity and marketing, organizations are finding uses for generative AI...
Posted: Aug 20, 2025
Rising Rates, Shrinking Capacity Highlight Commercial Transportation Woes: Report The fleet m...
Posted: Aug 20, 2025
New vulnerabilities surface as electric vehicle adoption accelerates toward projected 200 million units by 2030: Allianz Commercial The post
Posted: Aug 20, 2025
Analysis of data reveals construction workers are nearly four times more likely to die from heat exposure than workers in other industries, with fatalities climbing 77% over the past decade, the CPWR reports. The post
Posted: Aug 20, 2025
Fitch Ratings has reported that property and casualty (P&C) reinsurance has reached peak profitability, with a record low average combined ratio of 81.5% for Europe’s big four reinsurers. This “reflects healthy attritional performance an...
Posted: Aug 20, 2025
Small Biz Customers Rank Erie, Cincy, Philly Top Insurers; Industry Sco...
Posted: Aug 20, 2025
States Reconsider Setting Speed Limits Based on the 85% Rule Rose Hammond pushed authorities for years...
Posted: Aug 20, 2025
The CPCU’s Society’s flagship event, In2Risk, held in New Orleans, will feature sessions about emerging topics, AI applications, and technical deep dives. The post
Posted: Aug 20, 2025
AM Best has maintained the under review with negative implications status for the Financial Strength Rating of B (Fair) and the Long-Term Issuer Credit Rating of “bb” (Fair) of Universal North America Insurance Company (UNAIC) based in Ar...
Posted: Aug 20, 2025
Doug Cogan, of Cypress, Texas, has been elected to the Texas Mutual Insurance Company board of directors. He was elected at the company’s annual policyholder meeting. Cogan’s board terms for Texas Mutual, the state’s leading provide...
Posted: Aug 20, 2025
Kwik Trip Inc., a family-owned gasoline station and convenience store with over 800 locations in the upper Midwest, agreed to resolve a discrimination charge filed with the U.S. Equal Employment Opportunity Commission (EEOC), the federal agency annou...
Posted: Aug 20, 2025
NFP, an Aon company and leading property and casualty broker, benefits consultant, wealth manager and retirement plan advisor, has appointed Tom Ryan as managing director of Complex Risk for its Central and West regions. Based in the Chicago area, Ry...
Posted: Aug 20, 2025
A days-long heat wave rolling across parts of the US West is expected to ramp up wildfire risk, prompting California to pre-deploy crews as record-dry vegetation potentially acts as kindling for blazes. Temperatures in Southern California are expecte...
Posted: Aug 20, 2025
Trucordia, headquartered in Lindon, Utah, promoted Leslie Greve to senior vice president of marketing. Greve previously served as vice president of marketing. Greve will continue to support the growth of the business along with the Trucordia brand am...
Posted: Aug 20, 2025
China’s largest online-only insurer, ZhongAn Online P&C Insurance Co., Ltd., reported a net profit attributable to shareholders of RMB 668 million (~USD 93 million) in the first half of 2025, soaring 1,103.5% year over year. The company attrib...
Posted: Aug 20, 2025
Insurance Business Magazine - US
Posted: Aug 20, 2025
Delta Air Lines and United Airlines were sued on Tuesday by passengers who claimed they paid extra money to sit in “window” seats, only to find themselves placed in seats next to a blank wall. Proposed class actions were filed …
Posted: Aug 20, 2025
In a conversation with National Comp Chair Michelle Kerr, this year's keynote speaker Noah Galloway shares insights on the critical role of mental health, and why compassion should be at the core of workers' compensation. The post
Posted: Aug 20, 2025
FPG Insurance Co Inc (FPG) and The Mercantile Insurance Co Inc, two of the largest non-life insurance providers in the Philippines, have announced their plans to merge, forming FPG Mercantile. With a combined GWP of PHP 10 billion, FPG Mercantile...
Posted: Aug 20, 2025
Maryland’s first-in-the-nation tax on digital advertising violated the Constitution, a federal appeals court says, because blocking Big Tech from telling customers about the tax violates the companies’ right to free speech. Supporters say...
Posted: Aug 20, 2025
Karen Clark & Company (KCC), a provider of catastrophe risk modelling, has examined the likelihood of hurricanes causing insured losses exceeding $100 billion in the United States, highlighting the most vulnerable regions and what these exposu...
Posted: Aug 20, 2025
A fast-moving fire roared through a Connecticut home early Monday, killing two adults and two children and injuring five other people, including a firefighter, authorities said. The fire in Hartford broke out around 2:30 a.m., and firefighters found...
Posted: Aug 20, 2025
The Asian Development Bank (ADB), the United Nations Capital Development Fund (UNCDF), and the UN Development Programme (UNDP) have partnered to develop parametric insurance solutions for extreme weather for micro, small, and medium-sized enterpri...
Posted: Aug 20, 2025
Kentucky Gov. Andy Beshear took emergency action Monday to ban the sale of “designer Xanax,” responding to a request from his state’s attorney general who is leading a broader effort to combat the highly potent synthetic drug linked...
Posted: Aug 20, 2025
Chaucer Group is now live with Web Connectivity Limited’s (WCL) messaging solution Alternate, in preparation for Blueprint 2, the transformation project in the London market that plans to update the central market messaging infrastructure. Alterna...
Posted: Aug 20, 2025
Africa Specialty Risks (ASR), a developing markets-focused re/insurance group, announced it will now offer reinsurance capacity and support to the Rwandan insurance market, following accreditation by the National Bank of Rwanda (NBR). This signifi...
Posted: Aug 20, 2025
Wildfires, once primarily associated with a seasonal pattern, are now a year-round threat across the Western United States, according to the 2025 Cotality Wildfire Risk Report: Priced Out & Burned Out. The report, released today by Cotality, a...
Posted: Aug 20, 2025
Pivix Specialty Insurance Services Inc., a Scottsdale-based excess and surplus managing general agent distributing through wholesale brokers, has opened a brokerage division. Pivix, which is backed by Ambac Financial Group, Inc., entered the market l...
Posted: Aug 20, 2025
This edition of International People Moves details appointments at Markel Canada and Hiscox. A summary of these new hires follows here. Markel Canada Taps Berkeley’s Paris as VP, Product Line Leader – Primary Casualty Markel Insurance, th...
Posted: Aug 20, 2025
Rose Hammond pushed authorities for years to lower the 55 mph speed limit on a two-lane road that passes her assisted living community, a church, two schools and a busy park that hosts numerous youth sports leagues. “What are you …
Posted: Aug 20, 2025
AM Best has noted that the property reinsurance market remains stable at mid-year 2025, with modest softening appearing at the highest attachment layers, yet the agency expects overall conditions to remain robust through year-end. Following years...
Posted: Aug 20, 2025
Ventis, a commercial and residential real estate MGA, has increased its underwriting limits and can now cover single buildings or assets up to £70 million per location. Despite the higher limits, Ventis is committed to keeping things simple. The c...
Posted: Aug 20, 2025
Coalition, the San Francisco-based cyber managing general agent and cybersecurity firm, announced the launch of its Active Cyber Insurance in France through its subsidiary, Coalition Insurance Solutions GmbH. French companies with revenues of up to €...
Posted: Aug 20, 2025
Coalition, an active insurer focused on preventing digital risks, has announced the launch of its Active Cyber Insurance in France through its subsidiary, Coalition Insurance Solutions GmbH. With capacity provided by Allianz Commercial via Allianz...
Posted: Aug 20, 2025
Rokstone Agriculture, a MGU specialising in agriculture and livestock, part of re/insurance MGA Rokstone, has secured new capacity to launch a new equine mortality product line for the US market across 19 states. The new product has USD 1,000,000...
Posted: Aug 20, 2025
CNA Financial Corp., headquartered in Chicago, made several leadership appointments across key business segments. David Haas has been appointed president global specialty, where he will oversee financial lines, healthcare, affinity and warranty. A se...
Posted: Aug 20, 2025
Australian insurer QBE has announced the promotion of Virginie Massé to Head of European Claims, effective 1st September 2025. In her new role, Massé will remain based in Paris and report to Mike East, Claims Director at QBE European Operations (E...
Posted: Aug 20, 2025
As Russia held its Victory Day parade this year, hackers backing the Kremlin hijacked an orbiting satellite that provides television service to Ukraine. Instead of normal programing, Ukrainian viewers saw parade footage beamed in from Moscow: waves o...
Posted: Aug 20, 2025
Aon, a global insurance and reinsurance broking group, has hired Tony DeMarco from Gallagher Re as Managing Director within its Reinsurance Solutions division, based in New York. In his new role, DeMarco will support the design and execution of ca...
Posted: Aug 20, 2025
Allianz SE sold $1.25 billion of perpetual notes Tuesday, the German insurer’s latest batch of risky bonds that investors said could set the tone for the subordinated debt market. The Restricted Tier 1 bond has an annual coupon of 6.55%, …...
Posted: Aug 20, 2025