Insurance Journal

JULY 20, 2025

The U.S. cyber insurance market witnessed a surge in reported claims, reaching a record 33,561 incidents, according to the 2024 NAIC Cyber Insurance Report. This escalation underscores the growing complexity and frequency of cyber threats for businesses across all sectors.

Cyber

Insurance Journal

JULY 16, 2025

Global insured losses during the first half of this year were at least $100 billion with more than 90% of that total – or approximately $92 billion – driven by wildfires and severe convective storms in the U.S.

Insured

Insurance Journal

JULY 15, 2025

The UK Chancellor of the Exchequer Rachel Reeves announced today that the UK will introduce a captive insurance company regime – a decision that was welcomed by brokers and trade associations across the London market.

Broker

Insurance Journal

JULY 15, 2025

Leaders at one of the largest national insurance defense firms believe they have identified the causes of nuclear verdicts—and developed a comprehensive litigation strategy that negates them.

Insured

Insurance Journal

JULY 6, 2025

The Oklahoma Insurance Department said that it has expanded its second pilot launch of OKReady, a program that allocates up to $10,000 in grant funds to residents to strengthen homes to the IBHS Fortified standard.

Insured

Insurance Journal

JUNE 19, 2025

Bad faith litigation has long posed both legal and reputational risks for insurers operating in Florida.

Claim

Insurance Journal

JUNE 4, 2025

The crew of a cargo ship carrying around 3,000 vehicles, including 800 electric vehicles, abandoned it off the coast of Alaska after a fire broke out onboard, its operator Zodiac Maritime said on Wednesday.

Risk

Insurance Journal

JUNE 3, 2025

Long COVID cases accounted for 82.1% of the treatment payments on COVID claims and 73.7% of all COVID-19 claim payments in California’s workers’ compensation system, according to a study.

Claim

Insurance Journal

JUNE 1, 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 policyholders who spoke at a recent U.S.

Property Damage

Insurance Journal

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.

Insurance Journal

MARCH 20, 2025

The European Union’s law enforcement agency cautioned Tuesday that artificial intelligence is turbocharging organized crime that is eroding the foundations of societies across the 27-nation bloc as it becomes intertwined with state-sponsored destabilization campaigns.

Crime

Insurance Journal

MARCH 19, 2025

Extreme weather last year including typhoons, heatwaves and flooding led to the biggest displacement of people since 2008, and exacerbated a food crisis in more than a dozen countries, according to a report.

Insurance Journal

JULY 22, 2025

Chubb followed up a challenging first quarter due to the California wildfires with second quarter net income of nearly $3 billion, up about 33% compared to the same quarter a year ago.

Underwriting

Insurance Journal

JULY 16, 2025

Collaboration between the public and private sectors, beyond just insurance, is essential to narrowing the so-called protection gap, as losses from natural disasters increase, said the head of a global insurance supervisors’ organization.

Protection

Insurance Journal

JULY 15, 2025

Strategic partnerships between re/insurers and alternative investment managers, the use of offshore platforms, and a fourth consecutive record year of annuity sales led to continued reinsurance growth in the U.S. in 2024.

Insured

Insurance Journal

JULY 11, 2025

Insurance broker Aon plc announced the launch of its Data Center Lifecycle Insurance Program (DCLP), a proprietary multi-line insurance facility designed to help clients manage risk across every stage of data center development and operations.

Insurance Broker

Insurance Journal

JUNE 26, 2025

An Illinois chiropractor was sentenced to 20 months in prison and ordered to repay more than $2.3 million, following convictions on multiple charges related to a scheme to defraud Medicare and twelve other insurance companies, the U.S.

Insurance Companies

Insurance Journal

JUNE 10, 2025

Alliant Insurance Services acquired Johnson Benefit Planning in Oregon. The Johnson Benefit Planning team will join Alliant. Johnson Benefit Planning is an employee benefits consulting firm with offices in Bend and West Linn, Oregon. Alliant is headquartered in Irvine, California.

Insured

Insurance Journal

JUNE 4, 2025

The European Union and the US are headed in the “right direction” in trade talks, though new American levies on steel and aluminum imports aren’t helpful if both sides want to maintain momentum, Maros Sefcovic said after meeting with US …

Insurance Journal

JUNE 4, 2025

Smoke from Canadian wildfires carried another day of poor air quality south of the border to the Midwest, where conditions in parts of Minnesota, Wisconsin and Michigan were rated “very unhealthy” on Tuesday.

Insurance Journal

JUNE 3, 2025

Victoria’s Secret on Tuesday disclosed that a security incident relating to its information technology systems had led it to temporarily shut down its website for a few days last week.

Cyber

Insurance Journal

JUNE 3, 2025

Pennsylvania Attorney General Dave Sunday announced a settlement with Home365, LLC, regarding the Las Vegas-based property management company’s alleged failures to timely address Pennsylvania tenants’ maintenance needs. The voluntary compliance settlement also alleges Home365 failed to return tenant security deposits.

Liability

Insurance Journal

JUNE 3, 2025

The number of former rugby players taking legal action against sports governing bodies on claims they suffered brain injuries during their careers has grown to more than 1,000, a British law firm said on Monday.

Injury

Insurance Journal

JUNE 3, 2025

Staff of the Federal Emergency Management Agency were left baffled on Monday after the head of the U.S. disaster agency said he had not been aware the country has a hurricane season, according to four sources familiar with the situation.

Insurance Journal

JUNE 1, 2025

Premium renewal rates increased year-over-year for all major commercial lines except workers’ compensation, according to first-quarter 2025 results of the Ivans Index. Compared to fourth-quarter 2024, all lines experienced a decrease in average premium renewal rates except umbrella.

Commercial

Insurance Journal

MAY 29, 2025

When a series of deadly storms and tornadoes pummeled Arkansas in mid-March, downing power lines and tearing up homes, Governor Sarah Huckabee Sanders asked the federal government for money to not only help repair the damage, but also boost the …

Damage

Insurance Journal

MAY 23, 2025

The Missouri Department of Commerce and Insurance released preliminary uninsured estimates for properties in the St. Louis in response to the F3 tornado that struck the region on Friday, May 16.

Insured

Insurance Journal

MAY 2, 2025

In a first-of-its kind move, Hawaii lawmakers are ready to hike a tax imposed on travelers staying in hotels, vacation rentals and other short-term accommodations and earmark the new money for programs to cope with a warming planet.

Insurance Journal

MAY 2, 2025

Denmark plans to set aside almost $1 billion to insure its merchant fleet in the event of a war or major crisis. The government proposed the new legislation as a “timely precaution,” according to a statement on Thursday.

Insured

Insurance Journal

APRIL 29, 2025

Six weeks after Tampa-based Heritage Property & Casualty Insurance Co. filed a libel suit against a whistleblower claims adjuster, the adjuster’s lawyer has pushed back, arguing that the suit is an attempt to silence those who question insurers’ damage estimates.

Casualty Insurance

Insurance Journal

APRIL 23, 2025

A Thai-Chinese company denied Monday allegations its steel rods did not pass safety standard tests after nationwide criticism prompted an investigation into the collapse of a high-rise building under construction after an earthquake last month in Bangkok.

Building

Insurance Journal

APRIL 17, 2025

UK fraud cops have charged an insurance broker with bribery, after a four-year probe into alleged corruption involving state-run insurance contracts in Ecuador. The Serious Fraud Office accused United Insurance Brokers Ltd.

Broker

Insurance Journal

APRIL 16, 2025

China is tightening regulations on battery-powered vehicles and will require its automakers to comply with higher battery safety standards, aiming to reduce risks of fire and explosions in the fast-growing sector.

Risk

Insurance Journal

APRIL 6, 2025

The average woman working in the UK financial sector earns about a fifth less than their male colleagues, a reflection of how the gender pay gap has stubbornly persisted even during a period when businesses pledged to address workplace inequity …

Insurance Journal

MARCH 26, 2025

Insurers are betting on a suite of new AI-driven techniques to better predict surging losses from climate-driven weather catastrophes ranging from unprecedented wildfires to hurricanes and floods.

Insured

Insurance Journal

MARCH 20, 2025

Soundview Transportation faces a series of penalties and payments totaling $350,000 over a November 2022 oil tanker accident in Norfolk, Connnecticut, announced state Attorney General William Tong.

Insurance Journal

MARCH 18, 2025

Baloise Holding AG and Helvetia Holding AG have been exploring a possible combination that could create one of Switzerland’s largest insurers, according to people familiar with the matter.

Insured