Tue.Jul 15, 2025

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London Market Brokers, Associations Welcome Move to Create UK Captive Domicile

Insurance Journal

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 130
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Strong Reinsurance Market Momentum Despite $70 Billion in Insured Losses in H1 2025

Top Insurance Blogs

Despite global economic headwinds and insured losses nearing $70 billion in the first half of 2025, reinsurance market dynamics remain resilient, according to Guy Carpenter, a leading global risk and reinsurance specialist under Marsh McLennan. In fact, renewal trends that emerged at the start of the year have continued to shape the market. These include […] The post Strong Reinsurance Market Momentum Despite $70 Billion in Insured Losses in H1 2025 appeared first on My Top Insurance Blogs

Insurer 52
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New Book Proposes Four-Prong Legal Strategy to Negate Nuclear Verdicts

Insurance Journal

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.

Insurance 130
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How the Mandatory Right to Appraisal Law Affects Your Auto Insurance

Paragon Independent Insurance Agencies

Our team at Paragon Independent Insurance Agency is closely monitoring the latest changes to Texas law that may affect your auto insurance policy. The newest law change aims to bring fairness in determining loss with Plano, TX auto insurance claims when your car needs repair. What Is the Mandatory Right to Appraisal? Senate Bill 458 became law on June 20 and takes effect on September 1.

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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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Viewpoint: US Life Reinsurance Driven by Insurers Seeking Growth, Capital Optimization

Insurance Journal

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.

Insurer 130

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Insured Losses From US Hurricanes Could Rise by 50% With Global Warming

Insurance Journal

Insured losses from U.S. hurricanes could rise by nearly 50% under a 2°C (3.6°F) global warming scenario, according to MS Amlin, the Lloyd’s global re/insurer.

Insurer 130
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Med Supp Is Evolving in Texas and Minnesota

PSM Brokerage

If you’re working in the Medicare market, now’s the time to stay sharp. Two newly passed state laws—one in Texas and another in Minnesota —are introducing changes that will impact how Medicare Supplement (Med Supp) plans operate in those states. While these shifts aim to expand access, they also signal a broader trend: states are beginning to reshape how Med Supp functions at a local level.

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Helvetia, Baloise Said To Tap McKinsey For Merger Help

Insurance Journal

Helvetia Holding AG and Baloise Holding AG hired strategy consultant McKinsey for advice on Europe’s biggest insurance deal this year, according to people familiar with the matter.

Insurance 130
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5 Types of Personal Insurance Explained

McMahon Insurance Agency

Key Takeaways Personal insurance protects your health, home, vehicle, and financial stability from unexpected events, injuries, or legal claims.

Injury 52
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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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California Insurance Commissioner OKs Higher Workers’ Pure Premium Filing

Insurance Journal

California Insurance Commissioner Ricardo Lara approved a higher September 1, 2025, pure workers’ compensation premium rate filing. The decision followed a filing by the Workers’ Compensation Insurance Rating Bureau of California.

Premium 130
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Frequency vs. Severity: Which Hits Your Work Comp Mod Harder?

AMAXX

When it comes to workers’ compensation costs, few topics spark more debate—and confusion—than the question: Which is worse for my experience mod: many small injuries or one big one? Employers, safety managers, and CFOs alike wrestle with this. It’s natural to assume a single large loss would always be the bigger problem. But that’s not necessarily true—especially for smaller employers.

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TWIA Actuarial Committee Recommends No Rate Change for 2026 Policies

Insurance Journal

The Texas Windstorm Insurance Association actuarial and underwriting committee on Monday voted to recommend no rate change for 2026 residential and commercial policies. The TWIA board of directors will consider the recommendation when they meet on August 5.

Policy 130
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2025 ACA Health Summit

PSM Brokerage

Catch Us at the 2025 ACA Health Summit in Salt Lake City! September 4, 2025 - Salt Lake City, Utah We’re excited to announce that PSM Brokerage is a proud sponsor of the upcoming ACA Health Summit , taking place this fall in Salt Lake City. If you’re an ACA-focused agent or looking to grow in the health insurance space, this is a must-attend event. 📍 Event Details: ACA Health Summit: Open Enrollment Stakeholder Meeting 📅 September 4, 2025 📍 Salt Lake City, Utah 🔗 Register here What to Expect

Agents 52
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Markets/Coverages: Liberty Specialty Launches Crypto Product for Financial Institutions

Insurance Journal

Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, announced the launch of a dedicated product for financial institutions operating in the burgeoning cryptocurrency market.

Insurance 130
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Afore Insurance Acquires TailoredRisk Insurance Advisors

Top Insurance Blogs

Afore Insurance Services has announced the acquisition of TailoredRisk Insurance Advisors. TailoredRisk Insurance Advisors is a respected Florida-based agency known for serving near-affluent and high-net-worth clients. While financial terms were not disclosed, the move marks another major milestone in Afore’s strategic expansion. This expansion move is within the personal lines insurance market.

Insurer 52
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California Surplus Lines Take-up Soars as Brokers Work to Find Coverage for Clients

Insurance Journal

The best way to tell that the California homeowners insurance market has been a bear is to see where buyers facing higher rates and lack of options in traditional markets are going for alternatives.

Broker 130
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Regulation Z and Blanket VSI: Simplifying Auto Loan Protection

Unitas Financial Services

Blanket VSI (Vendor’s Single Interest) continues to stand out as a compliant, cost-effective, and borrower-friendly solution for lenders seeking to protect their consumer loan portfolios—without the administrative burden of traditional Outsourced Insurance Tracking or Collateral Protection Insurance (CPI) programs.

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State Farm Implements 27% Rate Increase for Illinois Homeowners

Insurance Journal

State Farm is implementing a significant rate hike for Illinois homeowners, citing more frequent severe weather events and rising home replacement costs that are driving up the cost and frequency of claims.

Claim 130
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Meet John Hughes, Central’s Construction Underwriting Specialist

Central Insurance

With years of experience and a focus on collaboration, John Hughes brings deep expertise to construction underwriting. The post Meet John Hughes, Central’s Construction Underwriting Specialist appeared first on Central Insurance Blog.

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Pennsylvania Digital Forgery Law Targets AI Scams and Financial Exploitation

Insurance Journal

A new Pennsylvania law intended to crack down on AI-powered fraud and financial crimes makes it a felony to use artificial intelligence to produce non-consensual “forged digital likenesses” like deepfakes or voice clones to injure, financially exploit, or scam people.

Crime 130
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Melanie Muise Elected President of the Insurance Institute of Ontario

Top Insurance Blogs

The Insurance Institute of Ontario (IIO) has announced the appointment of Melanie Muise as its new president, succeeding outgoing leader Tracy Krunic. This transition marks the continuation of a long-standing tradition of leadership excellence within Ontario’s insurance education community. Bringing over 20 years of experience in Canada’s insurance sector, Muise steps into the role with […] The post Melanie Muise Elected President of the Insurance Institute of Ontario appeared first on My

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Texas Department of Insurance Issues Guidance for Insurers Following Deadly Floods

Insurance Journal

The Texas Department of Insurance shared a bulletin on flooding disaster guidance in light of the deadly floods in the Texas Hill Country.

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4 Digital Marketing Must-Haves For Insurance Agents | EverQuote

EverQuote

Think of digital marketing as your means of drawing interested customers to your business on a relatively steady basis. While digital marketing isn’t a “set it and forget it” style of attracting new business, it amounts to far less effort on your part than dialing the phone and reaching out to leads all day every day—especially if you hire some experts to help you out.

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Louisiana Insurers Must Disclose Prior Policy Premiums Under Controversial New Law

Insurance Journal

Under a new state law, Louisiana insurers will be required to give mandatory disclosure of prior policy premium when issuing a renewal policy to a policyholder.

Premium 130
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Cork residents have complaints about drug bust ship

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Cork residents have complaints about drug bust ship appeared first on Insurance Marine News.

Marine 52
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NFP Acquires Tennessee’s Levine Group

Insurance Journal

Global insurance and benefits broker NFP announced its acquisition of Levine Group, LLC, a financial services firm based in Brentwood, Tennessee. Levine Group has been serving Nashville and the surrounding area since 1963.

Broker 130
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Crane accident at Imabari Shipbuilding injures seven

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Crane accident at Imabari Shipbuilding injures seven appeared first on Insurance Marine News.

Marine 52
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Insurance Distribution Channels: A Top-Down Look at the Insurance Distribution Chain

Insurance Journal

This post is part of a series sponsored by AgentSync. The insurance distribution chain is the path from product production to consumer consumption.

Insurer 130
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Rescued Eternity C seafarers taken to Saudi Arabia

Insurance Marine News

The 10 mariners who were rescued following a multiple attack by Yemen’s Houthis on the bulk carrier Eternity C (IMO 9588249) have been taken to Saudi Arabia. Six of the 25 people on board – 22 crew and three security guards – are believed to have been taken hostage by the Houthis. The remaining nine. The post Rescued Eternity C seafarers taken to Saudi Arabia appeared first on Insurance Marine News.

Marine 52
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UK Farmers Face Increased Fire Risks as Dry Weather Persists

Insurance Journal

British farmers are facing increased fire risks to both their fields and harvesting machines, following a long spell of hot, dry weather.

Risk 165
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Marine round-up : 16th July 2025

Insurance Marine News

You need to be logged in to view this content. Please Log In. Not a Member? Join Us The post Marine round-up : 16th July 2025 appeared first on Insurance Marine News.

Marine 52
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ECB Stress Test to Ask Banks Which Geopolitical Risks Would Hurt

Insurance Journal

The European Central Bank’s next stress test will ask lenders to come up with hypothetical situations in which risks like trade disruptions or wars could hit their financial strength.

Risk 130