Insurance Journal
Scientists were bracing for high lava fountains during the latest episode of an ongoing eruption of Hawaii’s Kilauea volcano. Lava fountains have reached heights of 1,000 feet (305 meters) during eruptive episodes in recent weeks, drawing visit...
Posted: Apr 10, 2025
Marsh McLennan Agency (MMA), a business of Marsh, announced the acquisition of Arthur Hall Insurance, a West Chester, Pennsylvania-based insurance agency. Terms of the acquisition were not disclosed. Founded in 1966, Arthur Hall provides commercial a...
Posted: Apr 10, 2025
Inszone Promotes Western Leadership Inszone Insurance Services made a series of leadership promotions in its Western region. Layne Bowen has been promoted to vice president of Utah. Formerly the owner of L.A. Bowen Insurance in Orem, Utah, Layne join...
Posted: Apr 10, 2025
This post is part of a series sponsored by Expert Insured. In the fast-paced world of insurance, the ability to swiftly launch new programs can be a game-changer for MGAs and wholesalers. Expert Insured, a robust platform developed by Selectsys ̷...
Posted: Apr 09, 2025
Liberty Mutual’s Timothy M. Sweeney, president and chief executive officer, has been elected chairman of Liberty Mutual Holding Co. Sweeney succeeds, David H. Long, who is retiring. Long has been with Boston-based Liberty Mutual for 40 years. H...
Posted: Apr 09, 2025
Liberty Mutual’s Timothy M. Sweeney, president and chief executive officer, has been elected chairman of Liberty Mutual Holding Co. Sweeney succeeds, David H. Long, who is retiring. Long has been with Boston-based Liberty Mutual for 40 years. H...
Posted: Apr 09, 2025
This post is part of a series sponsored by IAT Insurance Group. The Federal Motor Carrier Safety Administration (FMCSA) is revamping its Compliance, Safety and Accountability system to consolidate violations, simplify severity weights, update interve...
Posted: Apr 09, 2025
This post is part of a series sponsored by Old Republic Surety. A Medicare bond from Old Republic Surety can protect suppliers of durable medical equipment, prosthetics, orthotics and supplies (DMEPOS) from financial risks, ensure compliance with reg...
Posted: Apr 09, 2025
U.S. President Donald Trump said on Wednesday he would temporarily lower new tariffs on many countries, even as he raised them further on imports from China, in a sudden reversal that sent U.S. stocks sharply higher. Trump’s announcement came l...
Posted: Apr 09, 2025
MNK Group has launched a new unified brand, which integrates its broking, MGA, and risk-taking entities to ensure a consistent customer experience. The new group website (groupmnk.com) connects all underlying entities across the UK, Europe, North Ame...
Posted: Apr 09, 2025
China’s financial regulator plans to raise limits for insurance funds’ investment in the stock market, as part of action taken to increase support for capital markets and the real economy. It will raise the upper limit of the equity asset...
Posted: Apr 09, 2025
Inszone Insurance Services, headquartered in Rancho Cordova, California, made a series of leadership promotions in its Midwestern region. Jared Strong is now vice president of Illinois. Strong has been with Inszone for five years, previously serving...
Posted: Apr 09, 2025
Property-catastrophe capacity remained adequate to meet demand during the April 1 renewals for US reinsurance buyers, despite the record losses from California’s January wildfires, according to Aon and Gallagher Re in their renewal reports. Rei...
Posted: Apr 09, 2025
The angry mutterings at the Permian Basin Petroleum Association’s “Spring Swing” golf tournament this week weren’t all about missed putts or lost balls. The Texas oilmen on the fairways had a more serious concern: The presiden...
Posted: Apr 09, 2025
A bond market designed around natural catastrophes is proving remarkably resilient to a man-made market meltdown. While most markets have seen deep selloffs since Donald Trump’s “Liberation Day” tariff announcement, investors in cat...
Posted: Apr 09, 2025
Hackers intercepted about 103 bank regulators’ emails for more than a year, gaining access to highly sensitive financial information, according to two people familiar with the matter and a draft letter to Congress seen by Bloomberg News. The at...
Posted: Apr 09, 2025
Helix Underwriting Partners Ltd., the Bermuda-based managing general agent (MGA), has launched a professional lines program with a maximum line limit of $10 million. Backed by Somers Re, the Bermuda-based program is writing a portfolio of professiona...
Posted: Apr 09, 2025
PointeNorth Insurance Group, one of the largest and fastest-growing independent agencies in the Southeast, has acquired three agencies in Alabama, the latest move in the group’s expansion plans. The acquisitions include Holloway and Hunt Insura...
Posted: Apr 09, 2025
PointeNorth Insurance Group, one of the largest and fastest-growing independent agencies in the Southeast, has acquired three agencies in Alabama, the latest move in the group’s expansion plans. The acquisitions include Holloway and Hunt Insura...
Posted: Apr 09, 2025
JACKSON, Miss. (AP) — A judge has dismissed a lawsuit by former Mississippi Gov. Phil Bryant that claimed a local news outlet defamed him in public comments about its Pulitzer Prize-winning reporting on the misspending of $77 million in federal ̷...
Posted: Apr 09, 2025
DORAL, Fla. (AP) — Wilmer Escaray left Venezuela in 2007 and enrolled at Miami Dade College, opening his first restaurant six years later. Today he has a dozen businesses that hire Venezuelan migrants like he once was, workers who are …
Posted: Apr 09, 2025
Lawyers for State Farm General, the California Department of Insurance and Consumer Watchdog presented opening arguments in a hearing to determine the fate of State Farm’s request for an emergency homeowners rate increase yesterday. The public...
Posted: Apr 09, 2025
With the Los Angeles fires in January and last week’s severe storms that brought flooding and tornadoes to the Midwest, extreme weather is already battering US homes in 2025. Homeowners should expect their insurance rates to jump accordingly, s...
Posted: Apr 09, 2025
About 50% more pedestrians were killed during the first six months of 2024 compared to a decade ago, although the number is down 2.6% from the prior year. According to a report breaking down deaths by state published by the …
Posted: Apr 09, 2025
About 50% more pedestrians were killed during the first six months of 2024 compared to a decade ago, although the number is down 2.6% from the prior year. According to a report breaking down deaths by state published by the …
Posted: Apr 09, 2025