Insurance Journal
Before dawn Friday morning, city manager Dalton Rice went for a jog along the Guadalupe River in Kerrville, Texas. He finished his run around 4 a.m. as a light rain set in. An hour later, he began receiving emergency calls: …
Posted: Jul 06, 2025
By Andrew G. Simpson The state-created captive insurer handling Connecticut homeowners’ claims for crumbling foundations is in line for another $100 million in bond funding in the biennial budget now awaiting Gov. Ned Lamont’s approval. L...
Posted: Jul 06, 2025
By Chad Hemenway A proposed decade-long moratorium on state regulation of artificial intelligence has gained the attention of many, including those within the insurance industry. The 10-year prohibition of AI regulation is contained within the sweepi...
Posted: Jul 06, 2025
When was the last time you watched someone’s eyes light up when you mentioned policy exclusions, aggregate limits, or automated underwriting? Here’s the thing–insurance is fundamentally about stories. Every policy represents a narra...
Posted: Jul 06, 2025
In an era where billion-dollar disasters are becoming the norm, one truth stands above the wreckage: strong building codes save buildings–and lives. Yet despite mounting risks, the U.S. remains caught in a paradox. We have the knowledge and too...
Posted: Jul 06, 2025
Insurance professional across the country know how to adapt. From rising catastrophic weather events to shifting carrier appetites and increased regulatory and legal complexity, today’s market is putting more pressure–and more work–...
Posted: Jul 06, 2025
Changing careers ranks right up there with some of life’s biggest decisions–it’s not something people take lightly. Every year, my team connects with thousands of insurance professionals who are exploring the job market. While every...
Posted: Jul 06, 2025
U.S. homeowners insurance rates rose 40.4% over the past six years, with the biggest increases hitting in the last two years, a new report shows. LendingTree’s 2025 State of Home Insurance Report shows rates from 2019 through 2021 remained stab...
Posted: Jul 06, 2025
By Andrea Wells Renewable energy is growing in the U.S. In fact, wind and solar energy generated more electricity in the U.S. than coal for the first time ever in 2024. Growth extends far beyond wind and solar, renewable energy …
Posted: Jul 06, 2025
Grid stability and system strength have become major issues around the world. At press time, New York is in the midst of rolling blackouts. Blistering heat is straining power grids across the eastern half of the U.S., leading to a …
Posted: Jul 06, 2025
Every once in a while, I believe revisiting fundamental industry principles is beneficial. One such essential principle is diversity, especially for insurance carriers. “Diversity” in this case has nothing to do with race, religion, or po...
Posted: Jul 06, 2025
One of the things I love about the insurance business is that anyone–regardless of where they start–can build a meaningful, lifelong career. I am proof of that. In our industry, your ability to reach your potential is a function of …...
Posted: Jul 06, 2025
By Ezra Amacher A Michigan lawmaker has proposed legislation that would mandate auto insurance premium reductions of at least 10% on any new or renewed policy, a bill that the American Property Casualty Insurance Association (APCIA) says would destab...
Posted: Jul 06, 2025
A fire that shut London’s Heathrow airport in March, stranding thousands of people, was caused by the UK power grid’s failure to maintain an electricity substation, an official report said on Wednesday, prompting the energy watchdog to op...
Posted: Jul 03, 2025
For insurance producers, changing agencies might be as simple as signing a waiver. Other times, a producer changing agencies may leave the producer, agency officials, and even carriers with a legal maze of contracts, agreements, and state reports to...
Posted: Jul 03, 2025
Ki Appoints Ex-PartnerRe Exec Bonneau as Chair Ki, the algorithmically powered Lloyd’s digital follow platform, announce the appointment of Jacques Bonneau as non-executive chair for Ki Financial Ltd., effective July 1, 2025. Bonneau was previo...
Posted: Jul 03, 2025
One of the US largest exporters of liquefied natural gas, Venture Global Inc., is raising questions over how to share a common waterway with a planned neighbor — it’s a move that underscores a coming bottleneck for shipping space in …
Posted: Jul 03, 2025
A Dallas County district judge dismissed state Attorney General Ken Paxton’s suit against the State Fair of Texas and the City of Dallas, for gun restrictions that were enacted following a 2023 shooting that injured three people at the fairgrou...
Posted: Jul 03, 2025
Crystal Ridge Ski Area, LLC, doing business as The Rock Snowpark, a winter sports park and summer events venue in Franklin, Wisconsin, violated federal law when it terminated a lift operations manager because of his religion, the U.S. Equal Employmen...
Posted: Jul 03, 2025
Rockford Mutual Insurance Company (RMIC), headquartered in Rockford, Illinois, promoted Ann Kriens to the position of claims vice president. Kriens joined RMIC in 2014 with 20 years of claims experience at Economy/MetLife, serving as an adjuster, sup...
Posted: Jul 03, 2025
Contractors from Maine, Connecticut and New York will pay $1.37 million to resolve allegations concerning false claims for payment related to the rehabilitation of a Westfield-Barnes Regional Airport runway in Westfield, Massachusetts. As part of the...
Posted: Jul 03, 2025
Brazil’s central bank said on Wednesday that technology services provider C&M Software, which serves financial institutions lacking connectivity infrastructure, had reported a cyberattack on its systems. The bank did not provide further det...
Posted: Jul 03, 2025
Specialist Risk Group Acquires Generation Underwriting From WF Risk Group Specialist Risk Group (SRG), the London-based insurance intermediary, announced the acquisition of managing general agent Generation Underwriting, which has offices in Newcastl...
Posted: Jul 03, 2025
This post is part of a series sponsored by Cotality. Crime thrives in chaos, making natural disasters the perfect backdrop for insurance claims fraud. When the ashes have settled after a wildfire or when hail stops falling and flood waters …
Posted: Jul 03, 2025
Relation Insurance Services said late last month that it acquired Aon’s Albert G. Ruben, a brokerage for the entertainment industry for the last 65 years. Terms of the deal were not disclosed. The Albert G. Ruben name and team will …
Posted: Jul 03, 2025