Insurance Journal
When Tampa-based Slide Insurance registered for an initial public stock offering last week, one page of the filing quickly had people talking in the Florida insurance industry. On page 132 of the filing with the U.S. Securities and Exchange Commissio...
Posted: Jun 02, 2025
The Oregon Occupational Safety and Health Division fined Hillsboro-based Renner Trucking and Excavating Inc. $80,804 for repeatedly violating rules intended to protect workers from trenches caving in. Oregon OSHA issued a citation to the company on M...
Posted: Jun 02, 2025
AM Best has removed from under review with developing implications and upgraded the Financial Strength Rating to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) to “a” (Excellent) from “a-...
Posted: Jun 02, 2025
It’s not just some Florida-domiciled insurance carriers that have allegedly altered field adjusters’ reports or low-balled property damage estimates in recent years. It’s also major national insurers, according to adjusters and poli...
Posted: Jun 01, 2025
The U.S. higher education insurance market is as diverse as the academic degrees these institutions offer. But one recent challenge facing the sector is a downturn in public trust that may be contributing to the increased frequency and severity of &#...
Posted: Jun 01, 2025
Recruitment doesn’t have to be a dull subject. Imagine discussing it in a more enjoyable way at your next management meeting. Viral work trends are an excellent starting point. TikTok alone has 115,000 videos tagged with #CareerTok and over 1 &...
Posted: Jun 01, 2025
By Allen Laman As commercial property insurance rates moderate, the value and relevance of captive insurance companies isn’t expected to fade away. A panel of experts discussed the state and evolution of the captive sphere during a presentation...
Posted: Jun 01, 2025
When Mr. Best of AM Best created the combined ratio, he did the industry and arguably the world a great favor. After all, what business would only measure part of their cost and ignore the other 30% when determining profitability? …
Posted: Jun 01, 2025
Vendor-related risks, whether from technology suppliers or non-technology partners, have always been a concern and often drive a large number of cyber insurance claims notifications. Vendor risks have traditionally come in the form of data breaches,...
Posted: Jun 01, 2025
If you write personal lines–or own a home–then you know. Homeowners insurance rates are up–significantly in some states such as Texas. But better news is around the corner judging by a new industry report. For the first time in five...
Posted: Jun 01, 2025
It’s not just some Florida-domiciled insurance carriers that have allegedly altered field adjusters’ reports or low-balled property damage estimates in recent years. It’s also major national insurers, according to adjusters and poli...
Posted: Jun 01, 2025
A former West Virginia volunteer fire official who pleaded guilty to fraud after burning down his home and misusing the fire department’s credit card has been sentenced to 33 months in prison. Donald A. Ennis, 44, of St. Albans, also …
Posted: May 30, 2025
ZestyAI announced that the Michigan Department of Insurance and Financial Services has approved its severe convective storm suite. The approval comes as Michigan contends with rising weather-related insurance losses. According to NOAA’s Nationa...
Posted: May 30, 2025
The Texas House gave a thumbs Wednesday to a bill allowing smaller homes on smaller lots in Texas’ biggest cities, part of a broad push by state lawmakers to put a dent in the state’s high home prices. But the …
Posted: May 30, 2025
The Republican-led House of Representatives has narrowly passed a giant tax and spending bill that would end Inflation Reduction Act subsidies for clean power years early. The proposed changes threaten to unravel a variety of incentives that would re...
Posted: May 30, 2025
The European Commission will propose a new EU climate target in July that includes flexibilities for how countries meet it, as Brussels attempts to fend off mounting criticism of Europe’s environmental aims, EU diplomats told Reuters. The Europ...
Posted: May 30, 2025
Wildfires are threatening about 5% of Canada’s crude output as a blaze in Alberta’s oil sands region spreads and approaches major production sites. A total of 26 out-of-control fires are burning in the province amid hot, dry weather, brin...
Posted: May 30, 2025
This edition of International People Moves details executive appointments at Markel and AXA XL Reinsurance. A summary of these new hires follows here. Markel Taps Former RSA Exec Mooney to Succeed Galjaard Who Will Step Down Markel, the insurance ope...
Posted: May 30, 2025
After losing their biggest export market due to Donald Trump’s trade wars, US farmers are now counting on the president’s support for biofuels to prevent their next crop from piling up in storage. The administration is set to soon unveil...
Posted: May 30, 2025
CVS and Express Scripts asked a federal judge on Thursday to block a law prohibiting pharmacy benefit managers from owning or operating pharmacies in Arkansas, challenging the first such restriction enacted by a state. The lawsuits come a little over...
Posted: May 30, 2025
CVS and Express Scripts asked a federal judge on Thursday to block a law prohibiting pharmacy benefit managers from owning or operating pharmacies in Arkansas, challenging the first such restriction enacted by a state. The lawsuits come a little over...
Posted: May 30, 2025
The Honolulu Police Department said it will review all impaired driving arrests after the American Civil Liberties Union of Hawaii filed a lawsuit alleging officers are arresting sober drivers in an overzealous focus on making drunk-driving arrests....
Posted: May 30, 2025
The Czech Republic has accused China of being “responsible” for cyberattacks against a a communication network of its Foreign Ministry, officials said on Wednesday [May 28]. The Foreign Ministry in Prague said the malicious activities sta...
Posted: May 30, 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 …
Posted: May 30, 2025