Insurance Journal

People Moves: Miller Taps Menn From Intact/RSA as Head of France; Aon UK Promotes Beverely as Chief...

This edition of International People Moves details appointments at the re/insurance brokers Miller and Aon in the UK. A summary of these new hires follows here. Miller Taps Menn From Intact/RSA as Head of France Miller, the London-based independent s...

Posted: Oct 15, 2025

Texas Ag Commissioner at Odds with USDA Over Screwworm Control Methods

USDA slaps down Texas Agriculture Commissioner Sid Miller over New World Screwworm Kate McGee and Berenice Garcia, The Texas Tribune October 14, 2025 Texas Agriculture Commissioner Sid Miller is trading barbs with the Trump Administration over its re...

Posted: Oct 15, 2025

Stellantis to Invest $13B in the US, Focused on Midwest Plants

Stellantis STLAM.MI announced a $13 billion investment in the U.S. on Tuesday, a move it said will bring five new models to the market and add 5,000 jobs in plants across the Midwest over the next four years. The plan, …

Posted: Oct 15, 2025

Specialist Risk Group Acquires Wholesale Team From Lockton

Specialist Risk Group (SRG), the London-based insurance intermediary, announced it has acquired a new wholesale team from Lockton. SRG said the move further strengthens SRG’s London market capability and expands its specialist proposition acros...

Posted: Oct 15, 2025

Alliant Expands Transportation Risk and Cross-Border Expertise in Texas

Alliant Insurance Services acquired Texas Insurance Agency in Laredo, one of the U.S.’s busiest international trade ports, specializing in cross-border trucking risk and insurance; as well as McAfee Insurance Agency in Mabank, a leading insuran...

Posted: Oct 15, 2025

UK Is Making It Easier to Assess Public Flood-Defense Funding

The UK is making it easier for flood defense projects to access public funds as climate change increases the risk to homes. On Tuesday, the government announced changes to the way that funds are allocated to protect homes from river, …

Posted: Oct 15, 2025

North Carolina Plan Wipes Out $6.5B in Medical Debt for 2.5M People

More than 2.5 million North Carolina residents are getting over $6.5 billion in medical debt eliminated through a state government effort that offered hospitals extra Medicaid funds from Washington if they gave low- and middle-income patients the fin...

Posted: Oct 15, 2025

Semi-Trailer Crash Into Van Kills 7 on Northeast Georgia Highway

Seven people were killed in a fiery crash on a highway in Georgia on Monday afternoon when a semi-trailer struck a van and it burst into flames, according to law enforcement. The semi-trailer was following too close to the Dodge …

Posted: Oct 15, 2025

Volvo, State Farm Partner on Point-of-Sale Auto Insurance

There has been another announcement of a relationship between insurance and an auto manufacturer. State Farm and Volvo are collaborating to provide Volvo customers across the U.S. with access to car insurance options when they buy a car. Volvo custom...

Posted: Oct 15, 2025

IMF Warns of Elevated Risk of ‘Disorderly’ Global Market Correction

Global markets are too comfortable with risks, including trade wars, geopolitical tensions and yawning government deficits, which, combined with already overpriced assets, increase the chance of a “disorderly” market correction, the Inter...

Posted: Oct 15, 2025

Delaware Supreme Court Hears Musk’s $56 Billion Pay Package Appeal

Elon Musk’s lawyers will urge the Delaware Supreme Court on Wednesday to restore his $56 billion pay package from Tesla, as one of the biggest corporate legal battles enters its final stage nearly two years after a lower court judge …

Posted: Oct 15, 2025

1 Dead, 2 Missing And Dozens Rescued After Remnants of Typhoon Lashed Alaska

One person was dead and two were missing in western Alaska after the remnants of Typhoon Halong over the weekend brought hurricane-force winds and ravaging storm surges and floodwaters that swept some homes away, authorities said. More than 50 people...

Posted: Oct 15, 2025

SIAA Launches New Data Driven AI Tool to Boost Agency, Carrier Growth

The agency network, SIAA, today announced the launch of a new artificial intelligence optimization platform called SIAA NXT, a platform that combines a suite of solutions and services designed to help members and partners connect and grow in an incre...

Posted: Oct 15, 2025

New Hampshire’s Davis & Towle Acquires Tassey Group

Davis & Towle Insurance Group, headquartered in Concord, New Hampshire, has acquired Tassey Group Insurance in Berlin, which is about 115 miles north of Concord. Davis & Towle also announced the merger of Tassey Group with Davis & Towle a...

Posted: Oct 15, 2025

8 Auto Insurance Providers to Pay New York $19M Over Data Breaches

New York State is securing more than $19 million in penalties from eight auto insurance providers for violations of the state’s cybersecurity regulation. Department of Financial Services (DFS) Superintendent Adrienne A. Harris said that inadequ...

Posted: Oct 15, 2025

US Sanctions Online Scammers Who Stole Billions From Victims

The Trump administration sanctioned more than a hundred companies and individuals in Southeast Asia linked to online investment scams that have fleeced US victims of billions of dollars in recent years. The Treasury Department — in collaboration with...

Posted: Oct 15, 2025

People Moves: Chamberlain to Lead Nationwide’s Small Commercial Operations; Duck Creek Gains New CEO...

Chamberlain Named Small Commercial Operations and Service Solutions Leader Nationwide has tapped Joe Chamberlain to lead its small commercial operations and service solutions organization. Chamberlain has over 30 years of underwriting and operations...

Posted: Oct 15, 2025

US Government Shutdown Threatens Home Sales in Flood-Prone Areas: Report

A shutdown of the U.S. government could hinder the accessibility of insurance coverage to prospective homeowners in flood-prone areas, and cost the already struggling housing market billions of dollars in delayed contract closings, data showed on Tue...

Posted: Oct 15, 2025

Government Shutdown Threatens US Home Sales in Flood-Prone Areas: Report

A shutdown of the U.S. government could hinder the accessibility of insurance coverage to prospective homeowners in flood-prone areas, and cost the already struggling housing market billions of dollars in delayed contract closings, data showed on Tue...

Posted: Oct 15, 2025

Viewpoint: Strong In-House Claims Functions Help Build Trust in MGA Sector

The managing general agent (MGA) market is in the spotlight as one of the most agile and innovative arrows of growth for the insurance sector. But as with any arrow, direction and precision matter. Fired without the right discipline, it …

Posted: Oct 15, 2025

Agents Struggle to Find Capacity, Meet Customer Timing Expectations: Survey

A new property/casualty insurance industry survey report reveals some of the key challenges that independent agents are facing, including providing quotes within customers’ expected time frames—or finding insurance capacity at all in some areas...

Posted: Oct 15, 2025

Viewpoint: Can Parametric Insurance Bridge the FEMA Gap?

The way communities nationwide recover from natural disasters may never be the same. The National Flood Insurance Program (NFIP) expired on September 30. Simultaneously, pending congressional legislation stands to transform the Federal Emergency Mana...

Posted: Oct 15, 2025

Miss. Supreme Court Won’t Budge on $15M Bad-Faith Decision Against USAA

The Mississippi Supreme Court this month declined to reconsider its 2024 decision to uphold almost $15 million in punitive damages and attorney fees against USAA in one of the longest-running claims disputes to come out of Hurricane Katrina. The cour...

Posted: Oct 15, 2025

Mississippi Supreme Court Won’t Budge on $15M Bad-Faith Decision Against USAA

The Mississippi Supreme Court this month declined to reconsider its 2024 decision to uphold almost $15 million in punitive damages and attorney fees against USAA in one of the longest-running claims disputes to come out of Hurricane Katrina. The cour...

Posted: Oct 15, 2025

Insureds Need Early ACV Estimate to Claim Breach of Contract, Fla. Appeals Court Says

In what is being seen as a significant win for property insurers, a Florida appeals court last week found that Universal Property and Casualty Insurance Co. did not breach the insurance contract when it paid just $8,125 on a homeowner’s …

Posted: Oct 15, 2025