Breaking News
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My New Markets
Service Contractor Surety Bond Market Detail: RevBond writes an extensive line of surety products on A.M. Best Rated A- (Excellent) paper and is licensed in…
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World Insurance Associates Acquires Royalty Insurance Services in California
World Insurance Associates LLC has acquired Royalty Insurance Services in Van Nuys, California. Royalty has been providing commercial trucking insurance for over 23 years. World…
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EU Weighs International CO2 Credits to Meet New Climate Goal, Sources Say
The European Commission is considering counting international carbon credits towards its next climate target, a move that could weaken the CO2-cutting efforts it demands from…
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Ludovic Gros to lead Allianz Partners’ worldwide medical community
Cross-border collaboration to benefit from proven military coordination
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People & Places
National WSIA members elected Phillip McCrorie to serve as 2025-2026 WSIA Chair. McCrorie serves as CEO and chairman of RSUI. He joined the WSIA Board…
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Global Credit Starts to Wobble as Market Pain Spreads
Global credit markets began to come under fire on Monday, driving the cost of insuring against corporate and sovereign default higher, as recession fears rippled…
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Declarations
“Monster” Event Inevitable “Climate change may have been announcing its arrival. However, no ‘monster’ event occurred during 2024. Someday, any day, a truly staggering insurance…
Top Stories
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SC Governor Celebrates Dram Shop-Tort Reform Law But Some Want More
South Carolina’s governor has signed a liquor liability and tort-reform bill into law, but some lawmakers said broader changes to the state’s legal system are needed. Senate Majority Leader Shane Massey, who helped push… More
Hot Issues
Recent Articles
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State Farm tells Lara that it “doesn’t make sense” to issue new policies in California
California’s largest property insurer, State Farm General, has warned that it will not resume writing new policies in…
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J.P. Morgan Economist Sees 40% Chance of US Recession
There is about a 40% chance of a U.S. recession this year and a risk of lasting damage…
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Insurer Payouts Now at $12B for LA Wildfires, Report Shows
Insurance companies have so far paid out more than $12 billion for losses from the two biggest of…
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Arch Insurance Names 2 Senior Leaders for Casualty Team in Spain
Arch Insurance Names 2 Senior Leaders for Casualty Team in Spain Arch Insurance announced the appointments of Carmen…
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Hawaii Senate introduces bill allowing insurers to subrogate claims against polluters
Lee said that, if enacted, the law would likely be the first of its kind in the US.…
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Insurance moves: Alera Group, Brown & Riding
“Talicia is an executive who leads with both focus and empathy – for clients and colleagues,” said Gary…
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NTSB ‘Urgently’ Recommends Alternative Route for Helicopters at DC Airport
A report from the National Transportation Safety Board on Tuesday urgently recommends that the Federal Aviation Administration (FAA)…
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Global insurance M&A hits 16-year low amid economic uncertainty – Clyde & Co
High interest rates and regulatory hurdles slow deals
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Allstate and NACDA unveil inaugural Good Works Team to honor student-athletes’ impact on and off the field
NORTHBROOK, Ill., March 12, 2025 – Today, Allstate and the National Association of Collegiate Directors of Athletics (NACDA)…
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Meta Faces Legal Challenge by French Publishers Over AI Training
French publishers and authors are suing Meta Platforms Inc. for copyright infringement, accusing the tech giant of using…