Wed.Aug 06, 2025

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Global Insured Losses From Natural Disasters Could Top $150B in 2025: Swiss Re Report

Insurance Journal

Global insured losses from natural catastrophes hit US$80 billion in the first half of 2025, which is almost double the 10-year average between 2015 and 2024 and marks the fifth year in succession when H1 losses have exceeded $US50 billion, …

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Roles Of AI In The Human-Centered Business Of Insurance

Rough Notes

A focus on machine learning, deep learning, and generative AI Whether you are an early adopter of AI technologies in your workplace, trying to avoid them, or  somewhere in between, learning more about AI can help. By Lisa A. Gardner, Ph.D.

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Highstreet Adds $550M in Growth Capital for Acquisitions

Insurance Journal

Highstreet Insurance Partners announced with a new round of $550 million in capital to further its expansion and acquisition strategy.

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What’s the Difference Between Insurance Floater, Endorsement and Rider?

Top Insurance Blogs

My clients in the United States often ask me this question:  “What’s the difference between an insurance floater, endorsement, and rider?” These terms are commonly thrown around in the insurance world, and while they may seem interchangeable, they actually serve distinct purposes. Understanding their differences can help you better protect your valuable assets and customize […] The post What’s the Difference Between Insurance Floater, Endorsement and Rider?

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Leverage Trellis Court Data To Identify More Investment Opportunities

Finance teams find Trellis to be particularly effective in conducting comprehensive due diligence on both individuals and businesses. With our court data solution, financial experts can access critical litigation insights, making it an invaluable resource for informed decision-making in the financial sector.

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AIG General Insurance Underwriting Income Up 46% in Q2

Insurance Journal

Second quarter underwriting income in AIG’s General Insurance segment increased 46% compared with last year, to $626 million.

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Hiscox Agrees to Acquire US Specialist Insurtech

Insurance Journal

Global specialist insurer Hiscox announced its agreement to acquire a specialist insurtech business focused on addressing the insurance needs of small businesses operating in sectors such as technology start-ups, life sciences and professional services.

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Distinguished Programs Appoints Christina Ross as Vice President, Fine Art Expert in Fine Art and Collectibles Program

Distinguished

NEW YORK – Distinguished Programs (“Distinguished”), a national insurance program administrator and MGA, announced the appointment of Christina Ross as vice president, fine art expert, for its Fine Art & Collectibles program. Ross brings more than two decades of experience in the fine art insurance industry, with expertise in underwriting, art market analysis, and business development.

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People Moves: Resilience Hires Riviezzo to Expand Broker Network; NFP Adds Nordeen to Lead C&I Business

Insurance Journal

Resilience, headquartered in New York City, named James C. Riviezzo as head of North American distribution and strategy. Riviezzo has over 25 years of industry experience, joining Resilience from At-Bay where he served as head of national broker relations.

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Sorry, you owe a contribution

Rough Notes

INSURANCE-RELATED COURT CASESDigested from case reports published onlineCOURT DECISIONS   Sorry, you owe a contribution This matter was purely among insurers. Specifically, an insurance company, designated as a target insurer, sought contributions from others for a loss and defense costs it had solely paid.

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Take the Hassle Out of Claims Management

Insurance professionals use Trellis to streamline claims management by analyzing legal trends, predicting outcomes, and strategizing effectively to serve clients better. Adjusters can evaluate claim validity, estimate settlement amounts, and identify potential litigation risks. Trellis' extensive State Trial Court Data can be leveraged to identify opposing/outside counsel and top mediators for insurance matters, evaluate the risk of new claims by viewing similar claim litigation history, and mor

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Howden Re Granted License to Operate From Dubai International Financial Centre

Insurance Journal

Howden Re, the global reinsurance brokerage arm of Howden Group, announced it has secured a full reinsurance license from the Dubai Financial Services Authority (DFSA) to operate from Dubai International Financial Centre, the leading global financial center in the Middle …

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Aon Launches ‘Accelerate Programme’ to Help UK Tech Startups Manage Risk and Protect IP

Top Insurance Blogs

Aon, a global leader in professional services and risk management, has unveiled the Accelerate Programme, a tailored service aimed at helping fast-growing UK businesses, particularly those in the tech sector, navigate complex risk and insurance challenges. Targeted at startups and scale-ups working on cutting-edge solutions in artificial intelligence (AI) and automation, the programme addresses the […] The post Aon Launches ‘Accelerate Programme’ to Help UK Tech Startups Manage Risk and Pr

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Progressive Could Soon Breach Excess Profits in Florida Auto, Triggering Refunds

Insurance Journal

Despite a significant reduction in personal auto insurance rates in Florida this year, Progressive may soon find itself in the unenviable position of sending small refunds to thousands of current and former policyholders.

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What Are Cyber Alerts, and Why Do They Matter?

Corvus

When it comes to cyber risk, speed matters. The difference between an inconvenient security issue and a costly breach often comes down to how quickly a threat is identified and resolved. That’s why Travelers' alerting system is such a game-changer for policyholders—and for you as their trusted broker.

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Mercury Insurance and Safeco Insurance to Transition California Customers and Agents

Insurance Journal

Mercury Insurance is partnering with Liberty Mutual Insurance on a plan to provide coverage for thousands of California Safeco Insurance customers impacted by a shift in Liberty Mutual’s California personal lines product strategy.

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7 Powerful Video Marketing Ideas for Insurance Agents to Win More 

Agency Height

Effective video marketing for insurance agents: attract clients, simplify policies, and grow your agency with proven video ideas.

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People Moves: Lloyd’s Appoints Flaquet From Hiscox as Chief Operating Officer; Arch Insurance International Hires Byford as Senior Contingency Underwriter

Insurance Journal

This edition of International People Moves details appointments at Lloyd’s and Arch Insurance International. A summary of these new hires.

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YOUR RELATIONSHIP WITH RISK

Rough Notes

Rooted in your own experiences, your risk relationship can change over time     Your own relationship with risk is shaped by the experiences you’ve had: the beautiful, messy, complicated, and yet simple moments that when strung together, create your story.

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Arthur J. Gallagher & Co. Acquires Australian Broker MACK Insurance Services

Insurance Journal

Arthur J. Gallagher & Co., the Rolling Meadows, Ill.-based broker, announced the acquisition of Australia-based MACK Insurance Services. Terms of the transaction were not disclosed. MACK Insurance Services is a commercial insurance broker with a focus on the agriculture sector.

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Insurers battle over contribution after apartment fire

Rough Notes

INSURANCE-RELATED COURT CASESDigested from case reports published onlineCOURT DECISIONS Insurers battle over contribution after apartment fire A tragic fire occurred at an apartment building where four lives were lost. On the advice of one county 911 dispatcher, a building tenant kept a window in her second story apartment closed.

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New Hampshire Approves 6.1% Workers’ Comp Rate Cut for 2026

Insurance Journal

The New Hampshire Insurance Department (NHID) has approved an average 6.1% reduction in voluntary workers’ compensation loss costs effective January 1, 2026. The assigned risk pool for risks not insured in the voluntary market will see a reduction of 5.4%.

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Eternity C and Magic Seas both sunk by Houthis (#hull #cargo #liability)

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Eternity C and Magic Seas both sunk by Houthis (#hull #cargo #liability) appeared first on Insurance Marine News.

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Researchers Are Resurrecting Billion-Dollar Disaster Tool Trump Killed

Insurance Journal

A climate nonprofit is planning to revive a key federal database tracking billion-dollar weather disasters that the Trump administration formally stopped updating in May.

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GUARANTEED INCOME PRODUCTS IN A DC PLAN

Rough Notes

A promising option for creating retirement readiness “Most Americans who eventually will retire are extremely interested in some kind of retirement income that is protected or guaranteed for life.” —David Blanchett Portfolio Manager and Head, Retirement Income Research PGIM By Thomas A.

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Hartford Flood Relief Program Gets $4.7 Million More to Meet Demand

Insurance Journal

Connecticut has approved $4.7 million in new funding for a program that helps homeowners, businesses and tenants in the city of Hartford’s neighborhoods recover from flooding.

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Bulk carrier under scrutiny because of coal shipment to Israel

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Bulk carrier under scrutiny because of coal shipment to Israel appeared first on Insurance Marine News.

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Allstate to Pay Half Million on Georgia Claim Highlighted in Hearing, Senator Says

Insurance Journal

Three months after a U.S. senator chastized Allstate for its response to a Georgia woman’s storm claim, Allstate has paid more than 10 times its initial payout on the claim, U.S. Sen. Josh Hawley said Tuesday.

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You’re Not Too Expensive, You’re Just Not Valuable Yet

Rough Notes

Three producers share insights on when prospects claim your price is too high If you remember one thing, remember this: No one pays more for something they don’t believe is worth it. By Carolyn Smith, APR, TRA If your goal is to be a transactional, commoditized insurance agent … then sure. Sell on price.

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Idaho Man Pleads Guilty to Felony Workers’ Comp Fraud

Insurance Journal

An Idaho man pleaded guilty to one count of felony insurance fraud in connection with a workers’ compensation claim following an investigation led by the DOI’s Fraud Investigation Unit that showed he illegally collected benefits.

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Lancashire reports growth in marine

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Lancashire reports growth in marine appeared first on Insurance Marine News.

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Reliable Transportation Association Launches Lloyd’s Backed Physical Damage Program for Commercial Auto

Insurance Journal

New Physical Damage coverage now available in Pennsylvania, Ohio, New Jersey, Illinois, California, and Texas; Georgia, Florida, and additional states to follow. Warminster, PA.

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Group Clubs book average investment yield of around 6% on average: Gallagher report

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Group Clubs book average investment yield of around 6% on average: Gallagher report appeared first on Insurance Marine News.

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California’s Largest Wildfire of 2025 Threatens 870 Structures

Insurance Journal

A wildfire in California that has become the biggest fire in the state this year, prompting evacuation orders and threatening hundreds of structures, has grown to 83,933 acres. The fire, which started on Aug.