Insurance Journal
AUGUST 13, 2025
Nigeria increased capital requirements for insurance businesses fivefold and gave operators a year to comply or risk losing their licenses. The capital threshold for non-life insurers was raised to 15 billion naira ($9.
Triple-I: Homeowners Insurance
AUGUST 13, 2025
Global insured losses from natural catastrophes reached $80 billion in the first six months of 2025 alone, making it the second-costliest first half on record since data collection began decades ago, according to reports by reinsurance giants Munich Re and Swiss Re. Both reports called out the devastating wildfires that swept through Los Angeles County in January as the single most destructive event to date, with both firms estimating that these fires caused $40 billion in insured losses.
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Insurance Journal
AUGUST 13, 2025
Insurtech Superagent AI issued a press release yesterday to announce its goal of starting the first fully autonomous AI insurance agent by the end of the year. “We’re not just reshaping insurance.
Agency Height
AUGUST 13, 2025
Discover how workers’ compensation and health insurance differ in handling workplace injuries.
Advertiser: Trellis
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Property Insurance Coverage Law
AUGUST 13, 2025
In California, missing the 100-day deadline to challenge an appraisal award under the state’s arbitration-style appraisal law can instantly end an insurance dispute, no matter how strong the claim. A recent California post-appraisal ruling in Bansal v. Nationwide Mutual Insurance Company 1 offers an important reminder about the consequences of appraisal and the strict procedural rules … The post Miss the 100-Day Deadline?
Insurance Industry Brief brings together the best content for insurance professionals from the widest variety of industry thought leaders.
Property Insurance Coverage Law
AUGUST 13, 2025
In California, missing the 100-day deadline to challenge an appraisal award under the state’s arbitration-style appraisal law can instantly end an insurance dispute, no matter how strong the claim. A recent California post-appraisal ruling in Bansal v. Nationwide Mutual Insurance Company 1 offers an important reminder about the consequences of appraisal and the strict procedural rules … The post Miss the 100-Day Deadline?
Insurance Journal
AUGUST 13, 2025
Texas-based TWFG Insurance has expanded its national footprint with the acquisition of Angers & Litz Associates, Inc., a personal and commercial lines insurance agency based in Schenectady, New York. Angers & Litz has been family owned and operated since 1963.
Property Insurance Coverage Law
AUGUST 13, 2025
Randy Goodman’s keynote speech at the National Association of Public Insurance Adjusters (NAPIA’s) 75th Anniversary Celebration was more than just a ceremonial reflection on an organizational milestone. He made a speech that was a heartfelt journey through the struggles, triumphs, and unwavering dedication that have defined the public adjusting profession for three-quarters of a century. … The post Randy Goodman Provides a History of Public Adjusting and NAPIA appeared first on Property In
Insurance Journal
AUGUST 13, 2025
World Insurance Associates LLC announced that it acquired the business of Abacus Insurance and Financial Services of Irving, Texas on April 1, 2025. Terms of the transaction were not disclosed.
Advertiser: Trellis
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Triple-I: Homeowners Insurance
AUGUST 13, 2025
A climate nonprofit plans to revive a key federal database tracking billion-dollar weather and climate disasters that the Trump Administration stopped updating in May, Bloomberg reported. The database captures the financial toll of increasingly intense weather events and was used by insurers and others to understand, model, and predict weather perils across the United States.
Insurance Journal
AUGUST 13, 2025
Activist investor 7Square is pushing German insurer Nuernberger Beteiligungs AG to consider rival takeover offers, saying a potential acquisition by Vienna Insurance Group wouldn’t reflect its full value.
PSM Brokerage
AUGUST 13, 2025
Help Clients Secure Their Retirement with Ultra Advantage ℠ FIA For clients looking to preserve their assets, grow them over time, and protect against market downturns, the Ultra Advantage ℠ Fixed Index Annuity from United of Omaha Life Insurance Company offers a powerful solution. It’s built for flexibility, protection, and long-term confidence — all backed by Mutual of Omaha’s strong financial ratings.
Insurance Journal
AUGUST 13, 2025
A Michigan financial advisor will stand trial for insurance fraud after waiving preliminary examination, Attorney General Dana Nessel announced this week.
Insurance Marine News
AUGUST 13, 2025
Skip to content Main Navigation Facebook Twitter LinkedIn Google+ RSS Feed About Us Events Contact Us Free Plan Login Subscription Main Navigation Home Cargo Marine Hull Marine Liability Political Risk, Credit & Finance Legal More > Specie Retail People Offshore Energy Results Special Filter Articles Filters Insurance Marine News – Thursday August 14th 2025 By admin On August 14, 2025 August 13, 2025 In Insurance Marine News facebook tweet google+ Related Posts Round Up – Thursday 14t
Insurance Journal
AUGUST 13, 2025
Sen. Adam Schiff recently reintroduced his Incorporating National Support for Unprecedented Risks and Emergencies (INSURE) Act to create a federal catastrophic reinsurance program. The insurance industry promptly reintroduced their opposition.
Triple-I: Homeowners Insurance
AUGUST 13, 2025
Amid a summer full of deadly fires and storm-related flooding, the Trump Administration appears to be rolling back some of the spending cuts imposed upon the National Weather Service (NWS) by the Department of Government Efficiency (DOGE). The National Oceanic and Atmospheric Administration (NOAA) – of which NWS is a part – announced at an internal all-hands meeting earlier this month that they will hire 450 meteorologists, hydrologists, and radar technicians.
Insurance Journal
AUGUST 13, 2025
Cyber insurance remains an area of growth opportunity for property and casualty insurers, particularly in the face of large-scale risk factors.
The Insurance Pro
AUGUST 13, 2025
Despite critics calling it “old,” “expensive,” and “outdated,” whole life insurance is actually gaining popularity. Here's what sophisticated investors know that others don't. If you've been following financial discussions lately, you've probably heard the familiar refrain: whole life insurance is an outdated relic that modern investors should avoid.
Insurance Journal
AUGUST 13, 2025
It was supposed to simplify and speed the process for insurance agents trying to find private coverage for Citizens policyholders, a vital link in depopulating Florida’s oversized insurer of last resort.
LexisNexis
AUGUST 13, 2025
Evers Vetoes Insurance Reg Exemption for Direct Primary Care Doctors Wisconsin Gov. Tony Evers (D) vetoed a bill ( SB 4 ) that would have exempted primary care doctors who provide care to patients who are billed directly and pay a monthly membership fee from regulation as part of the insurance industry. Evers said in his veto message that the measure failed to provide sufficient protections for patients receiving care at such clinics, which have grown in popularity over the last few years. ( MIL
Insurance Journal
AUGUST 13, 2025
Former University of Georgia and NFL quarterback Jake Fromm has been hired as client advisor for Georgia-based insurance broker Sterling Seacrest Pritchard.
LexisNexis
AUGUST 13, 2025
SC Proposes Rate Cuts for Some Credit Property Insurance South Carolina’s Department of Insurance plans to cut the rates for some credit property insurance, which lenders sometimes require to protect personal property put up as collateral for loans. The department issued a bulletin stating that it was proposing “to hold the rate for household goods—single interest coverage at the 2025 level and to decrease the other rates ten percent from their current levels.
Insurance Journal
AUGUST 13, 2025
Greystar Real Estate Partners LLC reached a tentative settlement with the Department of Justice in an antitrust lawsuit accusing the landlord of colluding to increase rents across the US, in part, through widely used industry software.
Insurance Marine News
AUGUST 13, 2025
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Beazley warns that current softer market comes with new risks appeared first on Insurance Marine News.
Insurance Journal
AUGUST 13, 2025
A large-scale workers’ compensation fraud and tax evasion scheme that came to light when an employee was killed while removing a sign from a brewery has resulted in the sentencing of a construction firm owner.
Agency Revolution
AUGUST 13, 2025
We’re different because we can be—and while our technology solutions bring the wow factor, it’s the people who add the personal touch to our business that can’t be replicated. Every year, Agency Revolution hosts our annual Summer Summit. If you did not know, our team is fully remote, and we enjoy getting together to reconnect and collaborate on the year before and the year ahead.
Insurance Journal
AUGUST 13, 2025
This edition of International People Moves details appointments at the broker Aon and the Lloyd’s managing agent Blenheim Underwriting. A summary of these new hires follows here.
Insurance Marine News
AUGUST 13, 2025
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Pole Star Global acquires Clearwater Dynamics appeared first on Insurance Marine News.
Insurance Journal
AUGUST 13, 2025
The Hanover Appoints Mitchell President of Technology and Life Sciences Business The Hanover Insurance Group, Inc., headquartered in Worcester, Massachusetts, appointed Toni E. Mitchell as president of its technology and life sciences business.
LexisNexis
AUGUST 13, 2025
A few months ago we reported on state legislation targeting “predictive pricing,” the use of “data analytics, machine learning and algorithms to anticipate market demand and adjust prices in real time.” Some of those measures are progressing through the legislative process, while new ones have also been introduced, suggesting that algorithmic pricing legislation may have become a new frontier in states’ ongoing efforts to regulate artificial intelligence.
Insurance Journal
AUGUST 13, 2025
Brown & Brown Dealer Services has acquired the assets of Tire Shield. The Tire Shield team will join Brown & Brown Dealer Services and continue to operate from their offices in Las Vegas, Nevada.
Insurance Marine News
AUGUST 13, 2025
You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Round Up – Thursday 14th August appeared first on Insurance Marine News.
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