Insurance Journal
Philadelphia Insurance Companies announced the acquisition of the Collector Vehicle Division from Ignyte Insurance, a Carlyle backed portfolio company. The transaction, valued at $615 million, is the largest acquisition in the 63-year history of Phil...
Posted: Oct 31, 2025
New attributes—electrical panel location, roof life stage, and plumbing materials—enhance underwriting precision and deepen visibility into structural risk. Tampa, FL – October 14, 2025 — PGM Solutions today announced the expansion of its Home Factor...
Posted: Oct 31, 2025
The city of Detroit has agreed to pay $5.85 million to settle a lawsuit over the death of a pedestrian who was struck by a city bus, the second fatality involving the same driver since 2015. Wayne County Judge Kathleen …
Posted: Oct 31, 2025
The Texas State Office of Risk Management Board of Directors announced Sara Hays as the newly appointed Executive Director. Hays joins the Office after many years of state service, including Chief of Staff for two state representatives and Budget and...
Posted: Oct 31, 2025
A North Dakota judge has ordered Greenpeace to pay damages of $345 million, reducing an earlier jury award after it found the environmental group and related entities liable for defamation and other claims in connection with protests of an oil …...
Posted: Oct 31, 2025
Thick smoke blanketed a rural community in southern Texas and many residents were ordered to evacuate as firefighters worked to contain a blaze Wednesday evening, officials said. The Mill Fire in Gregory, Texas, about 150 miles (80.5 kilometers) sout...
Posted: Oct 31, 2025
AM Best has maintained the under review with negative implications status for the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of NASW Insurance Co. (NASWIC) headquartered in Washi...
Posted: Oct 31, 2025
Insurance broker Aon reported strong third quarter revenue of $4.0 billion, an increase of 7% from $3.7 billion reported for Q3 2024. Organic revenue rose 7% during Q3, which was level with last year’s third quarter, but beat Wall Street …...
Posted: Oct 31, 2025
A huge nuclear deal announced by the Trump administration earlier this week provides a multi-billion-dollar incentive for the U.S. government to issue permits and approvals for new Westinghouse reactors—an unprecedented structure that critics say pos...
Posted: Oct 31, 2025
North Carolina authorities on Thursday arrested a public adjuster, accusing him of absconding with a $133,000 payout from the insurance carrier following a contentious roof claim. Tyler Dionysius Englin, 26, of Garner, North Carolina, was charged wit...
Posted: Oct 31, 2025
Eight months after it declared a moratorium on the licensing of captive insurance companies and risk retention groups, the Alabama Department of Insurance has posted a clarification. The March bulletin and an extension of the moratorium issued in Sep...
Posted: Oct 31, 2025
A $180,000 Range Rover customized for NBA legend Shaquille O’Neal was stolen in Georgia earlier this month, and law enforcement is still on the hunt for it. The Lumpkin County Sheriff’s Office in northeast Georgia said investigators belie...
Posted: Oct 31, 2025
The Trump administration is moving to overrule any state laws that may protect consumers’ credit reports from medical debt and other debt issues. The Consumer Financial Protection Bureau has drafted what’s known as an interpretative rule...
Posted: Oct 31, 2025
In the rush to improve customer experience, many insurers have overlooked a critical group of stakeholders: the independent brokers and agents who sell their products every day. With this group now numbering over 1 million individuals in the U.S., th...
Posted: Oct 31, 2025
Web Connectivity Ltd. (WCL), a Zywave company, announced the launch of its enhanced platform for treaty risk placement in Bermuda, marking a milestone in the digital transformation of the reinsurance market. Developed in close collaboration with lead...
Posted: Oct 31, 2025
The Fidelis Partnership (TFP) announced the launch of Syndicate 2126 in partnership with funds managed by Blackstone, the alternative asset manager and private equity company, following in-principle approval from Lloyd’s. The syndicate will wri...
Posted: Oct 31, 2025
Hurricane Melissa is forecast to dissipate in the Atlantic Ocean next week, bringing wet and windy weather to northern Europe after wrecking havoc across the Caribbean. The record-setting storm left a trail of destruction in Cuba, Haiti and Jamaica,...
Posted: Oct 31, 2025
As Hurricane Melissa sweeps past Bermuda, new satellite data of Jamaica has revealed devastation for tourist center Montego Bay and much of the Western part of the country. At least 40% of the buildings and roads in the worst-hit areas …
Posted: Oct 31, 2025
Soaring temperatures are killing nearly 550,000 people around the world each year, part of a heat death toll that’s climbed more than 20% on a population-adjusted basis since the 1990s, according to the latest edition of the Lancet’s annu...
Posted: Oct 31, 2025
Canopius Group, headquartered in Chicago, named John Tiesi as U.S. Head of Financial Lines. Tiesi leads the financial lines portfolio across Canopius’ U.S. operations. Tiesi has over 25 years of experience in financial and professional liabilit...
Posted: Oct 31, 2025
Universal Music Group NV signed an agreement with artificial intelligence-powered music startup Udio to settle a copyright lawsuit and collaborate on a new commercial music creation and streaming service. Udio will launch the new platform next year,...
Posted: Oct 31, 2025
Five more people have been arrested in the Louvre heist case, the Paris prosecutor said Thursday, after two alleged members of the group that stole jewels from the museum were charged. Authorities linked one of the new individuals detained to …
Posted: Oct 31, 2025
After several years of competitive pricing and capacity expansion, cyber insurers appear to be reassessing coverage breadth. Asked whether carriers are beginning to restrict coverage, panelists at Zywave’s Cyber Risk Insights conference in New...
Posted: Oct 31, 2025
The California Attorney General filed felony charges against eight people in connection with the theft of 19 vehicles throughout the U.S. with a combined value of more than $800,000. The complaint, filed in Alameda County Superior Court by Attorney G...
Posted: Oct 31, 2025
Boston city councilors are proposing an ordinance that would require Alphabet Inc.’s Waymo and other autonomous ride-share services to have a human operator present in the vehicle. The legislation would mandate a study on the technology’s...
Posted: Oct 31, 2025