Breaking News
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Amwins expands ancillary benefits reach with Nelligan deal
“We’re committed to becoming the premier Ancillary General Agency partner in the market,” said Riva Dumeny, president of Amwins group benefits. “Nelligan’s deep expertise and…
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Verisk Buy of Nasdaq Subsidiary Gains Access to Hundreds of Catastrophe Models
Verisk said today it has acquired Nasdaq subsidiary Simplitium Limited, the owner and operator Nasdaq Risk Modelling for Catastrophes (NRMC). NRMC is a software-as-a-service platform…
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Auto insurers brace for cost surges as global tariffs take effect
Insurify projects average auto premiums could rise 19% in 2025, up from 5% before the tariffs were factored in. Of that increase, 7% is attributed…
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Macy’s to Claw Back Executive Bonuses Due to Accounting Scandal
Macy’s Inc. is clawing back more than $600,000 in cash bonuses from executives after an accounting scandal led to inflated pay. The department-store operator tied…
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WTW strengthens credit risk services with new deal
“This acquisition is part of our strategic effort to scale high-growth broking businesses and expand our capabilities across the insurance value chain,” said Scott Burnett,…
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Suspended Driver Facing Multiple Charges in Brooklyn Crash that Killed Mom, Kids
NEW YORK (AP) — A woman is facing multiple charges after she crashed into a family out for a walk in Brooklyn, killing a mother…
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Federal prosecutors to seek death penalty against Mangione
Mangione, who was arrested in Altoona, Pennsylvania, after a nationwide manhunt, reportedly expressed hostility toward the health insurance sector in a “manifesto” found during his…
Top Stories
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Tokio Marine Launches Green Unit, Eyes $1 Billion Revenues by 2030
Japanese insurer Tokio Marine has set up a unit to insure activities linked to the low-carbon transition such as green hydrogen, shipping and cement and is targeting $1 billion in revenues by the end… More
Hot Issues
Recent Articles
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Insurers harness cloud power and reduce tech debt | Insurance Blog
With all the buzz around ChatGPT and generative AI, it’s important to remember that cloud is the underpinning.…
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Small, Medium-Sized Firms Lacking in ëContinuityi Planning: Survey
Mid- and small-market businesses (SMBs) face a lot of the same big-picture challenges, but how they prioritize risk,…
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OIP Insurtech unveils unified brand and new identity
Previously operating as two entities, OIP and OIP Robotics, the company said that it has brought its services…
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Life insurers reveal tech strategies to boost CX | Insurance Blog
The tech-powered operating model research shows that a broad enterprise technology strategy is crucial for business success. Part…
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Florida OIR Wants More Data, Warns Insurers About Concurrent Causation Denials
By William Rabb As consumer complaints have apparently mounted over unpaid hurricane losses, Floridais top insurance regulator and…
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Consumer Watchdog settlement cuts proposed insurance rate hike in half
According to the Consumer Federation of America, Proposition 103 has saved California drivers over $154 billion since 1989.…
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Generative AI reveals 6 insurance industry innovation trends | Insurance Blog
We are delighted once again to see the spirit of innovation on display in the Qorus-Accenture Innovation in…
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I Don’t Need No Stinkin’ Insurance Agent
This is obviously a warped paraphrase of the famous line from ìThe Treasure of the Sierra Madre,î ìBadges!…
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Heath Kidd joins W. R. Berkley as executive vice president
30-year P&C industry vet to support strategy, underwriting, and product development
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Insurance News: The heat is on—from climate change to claims | Insurance Blog
From catastrophic events linked to climate change to social unrest, the insurance industry is seeing big claims. While…