Tips & Guide
Descartes Underwriting has announced the launch of a parametric insurance product to protect utility-scale solar farms against tornado damage. According…
Zurich NA Appoints Bessette as Chief Data Officer Zurich North America, headquartered in Schaumburg, Illinois, appointed Kristen Bessette as chief…
Catastrophe modeler KCC said insured loss from privately insured and California FAIR plan policies to residential, commercial and industrial properties,…
2024 saw record-breaking cargo theft activity across the United States and Canada, with 3,625 reported incidents representing a 27% increase…
Two new wildfires that erupted in Southern California are spreading quickly over dry hillsides and forcing evacuations, stoking new fears…
A unit of Fanduel-owner Flutter Entertainment Plc illegally collected the data of a gambling-addicted customer to profile him for marketing…
The total number of insurance agency mergers and acquisitions in 2024 was down 10% compared to 2023, according to investment…
Highstreet Insurance Partners has continued its rapid growth with the acquisition of Winder Insurance Center in Winder, Georgia. Helmed by…
Across the US South, extreme weather usually means boarding up windows against hurricane winds and lining streets with sandbags to…
A top European insurance executive slammed a piece of regulation that has emerged as key driver behind a recent slate…
Everest Group Ltd., the Bermuda-based property/casualty and specialty re/insurer, announced that its Board of Directors has appointed Jim Williamson as…
Storm Éowyn will bring a “weather bomb” to Ireland and the UK, unleashing destructive winds and heavy rain, the Met…
The governing committee of the Automobile Insurers Bureau of Massachusetts (AIB) appointed William H. Scully as president. Scully served as…
China is guiding local mutual funds and insurers to boost their stock purchases in the government’s latest initiative to shore…
Dutch insurance companies and other financial institutions that want to invest in the defense industry can expect guidance from the…
India widened backing for Russian insurers as the largest buyer of Moscow’s seaborne crude strives to keep discounted barrels flowing,…
While the Los Angeles wildfires inch closer toward containment, estimates of insured losses continue to creep higher. CoreLogic said the…
After Hurricane Milton swept through parts of southwestern Florida in October, aerial drone images showed condominium buildings with large sections…
Washington State Insurance Commissioner Patty Kuderer made six additions to her executive team. Kuderer was sworn in as the state’s…
A cannabis growing company has lost its bid to have its insurer cover $1.3 million in claimed business income losses…
Toni Boucher threw up the first time she saw the charred remains of her home and neighborhood after this month’s…
A man broke into a Philadelphia church and stole a 125-year-old bejeweled crown from atop a marble statue of the…
This post is part of a series sponsored by Darkhorse Insurance. In the complex world of insurance, as an insurance…
Microsoft’s LinkedIn has been sued by Premium customers who said the business-focused social media platform disclosed their private messages to…
Specialty wholesaler Flow Specialty said its artificial intelligence model has passed the Registered Professional Liability Underwriter (RPLU) exams for cyber,…
Proposed legislation aimed at protecting South Dakota farmers from potential “agro-terrorism” activities could have a secondary effect of limiting access…
Highstreet Insurance Partners announced its acquisition of Siebert Agency Ltd, and its sister companies Russ Siebert Insurance and Mary Siebert…
Texas regulators have completed the first overhaul of oilfield waste rules in over 40 years. The Railroad Commission of Texas…
New estimates peg insured losses to property from the Palisades and Eaton fires in Los Angels together will fall between…
A historic winter storm threatened natural gas shipments from one the biggest US export plants while heavy snow shut schools…
The Travelers Cos. said fourth quarter 2024 and full year net income increased 28% and 67% on string underlying underwriting…
Among natural disasters, wildfires are the great unknown. Even the most-sophisticated scientific models fail to capture all the risk factors…
The U.S. Treasury’s Federal Insurance Office last week released what it called the “most comprehensive data on homeowners insurance in…
Lawley, headquartered in Buffalo, New York, appointed four new partners. Michael Jantzi II has worked in the insurance and business…
Average workers’ compensation loss costs for the voluntary market in Tennessee will drop by 3.6% starting March 1, marking the…
This edition of International People Moves details appointments at Arch Insurance International and Willis Towers Watson. A summary of these…
Italian insurer Societa Reale Mutua di Assicurazioni is looking to expand in Europe through acquisitions — and it’s ready to…
A federal judge on Tuesday rejected Citigroup’s bid to dismiss a lawsuit by New York Attorney General Letitia James claiming…
Federal employees in diversity, equity and inclusion roles will be placed on paid leave Wednesday as their offices related to…
AXA XL is partnering with London GreenCity, the UK’s first accelerator for development-stage climate tech entrepreneurs, to offer expertise in…
Winter Storm Éowyn is gathering strength, supercharged by the Arctic blast that moved through the US, and has the potential…
The European Union is set to scale back its highly contested ESG reporting requirements, as France prepares to unveil a…
An international institute that seeks to improve the safety of reservoirs that store toxic waste from mining known as tailings…
South Korea will extend runway safety areas and redesign infrastructure after the crash of a Jeju Air Co. flight last…
The Houthis said they will stop attacking US and UK vessels in the Red Sea area in response to the…
Allianz Commercial Makes North American Leadership Promotions in Financial Lines and Property Allianz Commercial, headquartered in New York City, made…
While the Los Angeles wildfires inch closer toward containment, estimates of insured losses continue to creep higher. CoreLogic said the…
A federal judge in Manhattan overseeing an insurance brokerage poaching case has blocked three Alliant Insurance Services employees from soliciting…
As southern California continues to suffer from wildfires, officials in another part of the country fear their area could be…
New York Governor Kathy Hochul proposed measures to stabilize the city’s taxi and rideshare insurance industry, which is reeling from…
Some wounds suffered by six Hawaii residents flown to Arizona for medical treatment after a deadly illegal fireworks explosion on…
Connecticut Governor Ned Lamont is proposing legislation aimed at improving the state’s resilience in the face of severe weather events,…
Two Vancouver, Washington, business owners are facing a combined $116,000 in fines for ignoring rules to protect workers, neighbors, and…
This post is part of a series sponsored by AgentSync. The 2024 hurricane season just wrapped, officially ending on Nov.…
TheU.S. Department of Labor has recovered $319,065 in back wages for 49 workers employed by a New Orleans landscaping company…
Tropolis, an insurance brokerage that provides property & casualty (P&C) and employee benefits solutions, announced it has completed the acquisitions…
Dangerous winds and drought will create extreme fire risk across Southern California Tuesday, putting more than 11 million people in…
The United States will recognize only two sexes, male and female, that are unchangeable, President Donald Trump ordered on Monday…
As a rare snowstorm was bearing down on northern Florida, Gov. Ron DeSantis on Monday declared a state of emergency…
Utah-based Trucordia, a top-20 U.S. insurance brokerage, has acquired the Rusty Healy Insurance Agency in Madison, Mississippi, the company said…
The U.S. National Highway Traffic Safety Administration said on Monday it is expanding and upgrading a probe into about 295,125…
The Federal Emergency Management Agency (FEMA) said its reinsurance renewal for the National Flood Insurance Program (NFIP) included the transfer…
Kaplansky Insurance has acquired two central Massachusetts insurance agencies and a third in the western part of the state. The…
Assicurazioni Generali SpA and BPCE have reached a preliminary deal to combine their investment units and create Europe’s second-largest asset…
This edition of International People Moves details appointments at SCOR UK and SCOR Syndicate as well as QBE. A summary…
A 6.4 magnitude earthquake struck a mountainous, rural area of Taiwan’s south on Tuesday near the city of Chiayi, the…
British finance minister Rachel Reeves said on Monday she would meet representatives from key financial services sectors, such as banking…
The U.S. Equal Employment Opportunity Commission on Jan. 17 sued two large automakers, accusing General Motors and the United Auto…
The Department of Justice sued Walgreens Boots Alliance Inc. for allegedly dispensing opioids and other controlled substances at pharmacies across…
PACE Southeast Michigan, a company providing all-inclusive care for the elderly, will pay $170,000 and furnish other relief to resolve…
A cold blast gripping the US South threatens to bring record-breaking snowfall to New Orleans and Houston and a deep…
While the Los Angeles wildfires inch closer toward containment, estimates of insured losses continue to creep higher. CoreLogic said the…
RALEIGH. N.C. (AP) — Base rates for North Carolina homeowners’ insurance premiums will increase on average by about 15% by…
ORLANDO, Fla. (AP) — Two insurance companies have asked a court to block a $19.7 million claim by owners of…
Rainbow, a digitally enabled managing general underwriter based in San Francisco, California, announced raising $8 million in Series A funding…
By David Voreacos Jan 17, 2025, 2:56 PM Word Count: 346 (Bloomberg) — The New Jersey attorney general’s office cleared…
Many drivers feel ready to tackle Pacific Northwest winter weather. A poll shows 59% of Northwest drivers report feeling comfortable…
The Professional Insurance Wholesalers Association (PIWA) and the New England Surplus Lines Association have merged. The combined organization will operate…
World Insurance Associates LLC acquired the business of Business Contractors Insurance Services in Santee, California. BCIS was founded more than…
Moody’s RMS Event Response said insured losses for the January 2025 Los Angeles fires will likely fall in the $20…
The tallest skyscraper in the City of London financial district has reached full occupancy just over four years after it…
Four of Canada’s biggest banks are leaving the industry’s top climate-finance alliance, joining Wall Street peers and extending an exodus…
Companies transporting their products around the world are not ready to return to the Red Sea trade route in the…
The European Commission intends to propose a ban on the use of PFAS, or “forever chemicals,” in consumer products, with…
The Louisiana Citizens Property Insurance Corporation (Louisiana Citizens) Board of Directors voted last week to end the 1.36% assessment it…
Rural Mutual Insurance Company and Badger Mutual Insurance Company, with a combined 227 years of providing farm, commercial, and personal…
Cleveland’s fight to keep the Browns from moving from downtown and into a proposed dome in the suburbs has taken…
Deere & Co. unfairly forces farmers to visit authorized dealers to repair their equipment, resulting in higher prices than if…
Homeowners with mortgages who are at risk of flooding from rivers and creeks are more likely to be underinsured for…
Texan Insurance, full-service insurance agency, announce its acquisition of Austin, Texas-based J&M Insurance, a trusted provider of personal and commercial…
The US Federal Trade Commission has reached a settlement with General Motors Co. over claims the automaker deceived drivers by…
The “gap is closing” between commercial lines and personal lines underwriting results as the insurance industry overall is expected to…
California politicians are rushing to make it easier for residents to rebuild their homes incinerated in the Los Angeles firestorms.…
RALEIGH, N.C. (AP) — The mother of a North Carolina university student killed while on a ride-along in a Highway…
President Joe Biden on Thursday is set to issue an executive order aimed at strengthening the federal government’s cybersecurity and…
There has been some question about whether California’s insurer of last resort – the FAIR Plan – has enough cash…
I watched as the skies over my home in Los Angeles turned an apocalyptic orange on January 7, 2025, as…
Litigation under the False Claims Act generated more than $2.9 billion in settlement and judgments the last fiscal year, according…
LOUISVILLE, Ky. (AP) — Spirits giant Brown-Forman Corp. said Tuesday it’s reducing its global workforce by about 12% and closing…
CHARLESTON, W.Va. (AP) — Republican Gov. Patrick Morrisey issued a slew of aggressive executive orders on his first full day…
