Insurance Journal
Severe storms battered islands in Greece for a second day on Tuesday [April 1], with Crete experiencing the heaviest rainfall. Authorities on Paros and Mykonos, meanwhile, worked to clear overturned cars and debris following hailstorms and torrential...
Posted: Apr 03, 2025
Liberty Mutual Insurance, based in Boston, appointed Dieter Korte as president, middle market, Global Risk Solutions North America (GRS NA), reporting to GRS NA President Marc Orloff. “These companies have the same exposures as larger organizat...
Posted: Apr 03, 2025
The fragmented auto insurance customer experience is set for disruption, according to a new report by Deloitte. The report, “Reinventing the insurance customer experience for loyalty,” highlights how collaboration among original equipment...
Posted: Apr 03, 2025
Workers’ compensation specialist insurer MEMIC, based in Maine, has recognized three agencies in the Northeast for top service to policyholders. HUB International Northeast, with offices in New York City; Brown & Brown, in Dedham, Massachus...
Posted: Apr 03, 2025
A huge natural gas-powered data center that will serve the growing demands of artificial intelligence is being planned for the site of a former coal-fired power plant in Pennsylvania. The 3,200-acre (1,295-hectare) data center campus, located about 5...
Posted: Apr 03, 2025
Nashville-based FB Financial Corp., parent company of FirstBank and FirstBank Insurance Agency, plans to merge with Southern States Bancshares, the parent of Southern States Bank, headquartered in Anniston, Alabama, the bank announced this week. Sout...
Posted: Apr 03, 2025
Nashville-based FB Financial Corp., parent company of FirstBank and FirstBank Insurance Agency, plans to merge with Southern States Bancshares, the parent of Southern States Bank, headquartered in Anniston, Alabama, the bank announced this week. Sout...
Posted: Apr 03, 2025
Vivere Partners, a specialty insurance platform focused on niche lines of insurance, completed a $7.5 million Series A funding round led by General Catalyst, Pathlight Ventures and Greenlight Re. The funding is intended to accelerate the company̵...
Posted: Apr 03, 2025
Sentry Insurance announced that Pete Anhalt will lead The General following Sentry’s acquisition of the brand from American Family Insurance. Anhalt currently serves as president of Sentry’s Dairyland brand and brings decades of leadershi...
Posted: Apr 02, 2025
Sentry Insurance announced that Pete Anhalt will lead The General following Sentry’s September 2024 acquisition of the brand from American Family Insurance. Anhalt currently serves as president of Sentry’s Dairyland brand and brings decad...
Posted: Apr 02, 2025
Laura Beckmann of AmRisc honored with 2025 Philanthropic Leadership Award Dallas, TX, April 2, 2025 –The Insurance Industry Charitable Foundation (IICF), a unique nonprofit organization dedicated to helping communities and enriching lives, raised a r...
Posted: Apr 02, 2025
A bill that aims to enable the California FAIR Plan to seek additional claims paying capacity is making its way through state Legislature. Assembly Bill 226, the FAIR Plan Stabilization Act, passed out of the Assembly 72-0. Related: California OKs &#...
Posted: Apr 02, 2025
Specialist insurer CFC announced a new cyber product – Cyber Proactive Response (CPR) – aimed at businesses with revenues up to $250 million. CFC said the new product includes two firsts for the cyber insurance industry. Policyholders will not only &...
Posted: Apr 02, 2025
An Iowa man was sentenced last week to ten years in prison after pleading guilty to Insurance Fraud (Class D Felony) and Fraudulent Practice (Class D Felony), following an investigation conducted by the Iowa Insurance Division’s Fraud Bureau. B...
Posted: Apr 02, 2025
The US Supreme Court largely sided with the Food and Drug Administration in its rejection of applications to sell flavored vaping products, backing actions the agency took during Joe Biden’s presidency amid uncertainty about the approach it wil...
Posted: Apr 02, 2025
The Texas Department of Insurance said in a March 28 bulletin that it accepted the National Council on Compensation Insurance (NCCI) advisory loss cost filing proposal of an overall average decrease of 11.5% to the current loss cost level. The …...
Posted: Apr 02, 2025
The Florida Hurricane Catastrophe Fund will not have to pay some $30 million to Universal Property & Casualty Insurance Co., after the carrier settled a civil suit that alleged the insurer had backdated claims to boost reimbursement from the fund...
Posted: Apr 02, 2025
National restaurant chain Chipotle Services, Inc. will pay $20,000 and furnish other relief to settle a U.S. Equal Employment Opportunity Commission (EEOC) religious harassment, retaliation, and constructive discharge lawsuit, the federal agency anno...
Posted: Apr 02, 2025
Heavy rain, severe thunderstorms and the risk of tornadoes are threatening more than 40 million people from Michigan to Texas as a slow-moving cold front hovers over the region. There’s a rare high risk for damaging winds and long-lasting power...
Posted: Apr 02, 2025
The insurance issued to dozens of aging oil tankers used by Russia to skirt international sanctions was bogus, according to Norwegian authorities now investigating the small firm behind the forged documents. Norway-registered Romarine AS purported to...
Posted: Apr 02, 2025
The insurance issued to dozens of aging oil tankers used by Russia to skirt international sanctions was bogus, according to Norwegian authorities now investigating the small firm behind the forged documents. Norway-registered RO Marine AS, purported...
Posted: Apr 02, 2025
The insurance issued to dozens of aging oil tankers used by Russia to skirt international sanctions was bogus, according to Norwegian authorities now investigating the small firm behind the forged documents. Norway-registered Romarine AS purported to...
Posted: Apr 02, 2025
Verisk said today it has acquired Nasdaq subsidiary Simplitium Limited, the owner and operator Nasdaq Risk Modelling for Catastrophes (NRMC). NRMC is a software-as-a-service platform that supports an open ecosystem where specialized model partners ma...
Posted: Apr 02, 2025
A man accused of setting fire to Tesla vehicles in Las Vegas will remain jailed until his trial on federal charges of arson and possessing an explosive device, a judge ruled Monday. U.S. Magistrate Judge Elayna Youchah concluded no pretrial …
Posted: Apr 02, 2025
While Allstate’s CEO Tom Wilson named GEICO and Progressive when asked about the ability to grow auto insurance in 2025 as competitors do the same, no one on Allstate or Progressive’s earning calls addressed competition from Lemonade. The...
Posted: Apr 02, 2025