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. Less than three months into the year, natural disasters are already causing major …

Insured 280

Insured Insurance Insurer 280

Insurance Journal

FEBRUARY 23, 2025

As consumer complaints have apparently mounted over unpaid hurricane losses, Florida’s top insurance regulator and some lawmakers are signaling new scrutiny on insurance carriers’ claims-handling and other practices. Florida Insurance Commissioner Michael Yaworsky late last week posted a memo, demanding …

Insurance Carrier 290

Insurance Carrier Insured Insurance Insurer 290

Insurance Journal

JULY 1, 2025

Relation Insurance Services acquired the assets of Advantage Insurance Group. Advantage Insurance Group, a family-owned business based in El Reno, Oklahoma, offers a mix … The transaction went into effect on May 31, 2025; terms of the transaction were not disclosed.

Insured 227

Insured Insurance Insurer 227

Insurance Journal

JULY 10, 2025

A Maryland husband and wife have been sentenced to 12 years in prison and four years in prison, respectively, after their convictions for a $20 million scheme to commit insurance fraud. In addition to their prison sentences, a judge for …

Insured 275

Insured Insurance Insurer 275

Insurance Journal

JULY 7, 2025

North Dakota Insurance Commissioner Jon Godfread announced last week that the state’s Insurance and Securities are unifying into following the passage of Senate Bill 2214 during the 2025 legislative session. The new law allows the insurance commissioner to assume the …

Insured 253

Insured Insurance Insurer 253

Insurance Journal

JUNE 29, 2025

Two more property insurers have put their toes in the Florida market this summer, bringing to 14 the number of new carriers in the state since 2023. It’s another sign that legislative discouragement of claims litigation has made a difference …

Property Insurance 272

Property Insurance Claim Insured Insurance 272

Insurance Journal

JUNE 17, 2025

Erie Insurance said it has “seen no evidence of ransomware and there is no indication of ongoing threat actor activity” in a June 17 update on its 10-day long network outage. That statement would appear to contradict claims in two …

Claim 261

Claim Insured Insurance Insurer 261

Insurance Journal

JUNE 23, 2025

Aon plc today announced the launch of Aon Broker Copilot, a platform that uses artificial intelligence, large-language models and predictive analytics in the commercial insurance placement process. “Aon Broker Copilot equips our brokers with the tools to lead with insight …

Commercial Insurance 274

Commercial Insurance Broker Commercial Insured 274

Insurance Journal

JUNE 17, 2025

California Insurance Commissioner Ricardo Lara named new leadership of the Insurance Diversity Task Force. The 15-member task force elected its newest chair to be Vikita Poindexter, CEO of Poindexter Consulting Group, and vice chair to be Dr. Fabiola Cobarrubias, CEO …

Insured 239

Insured Insurance Insurer 239

Insurance Journal

JULY 6, 2025

A report submitted to the Washington State Legislature examines the state of the liability insurance market for adult family homes in Washington, finding the market to be largely sustainable—but it does provide suggestions for increasing the appeal of AFHs to …

Liability Insurance 259

Liability Insurance Liability Insured Insurance 259

Insurance Journal

JULY 2, 2025

New York City Mayor Eric Adams has signed into law legislation reducing the auto insurance liability coverage that for-hire vehicles must carry. The new law reduces the amount of personal injury protection (PIP), or no-fault, insurance coverage that the city’s …

Auto Insurance 275

Auto Insurance Injury Liability Insured 275

Insurance Journal

JUNE 16, 2025

With flight cancellations, delays and other disruptions on the rise, leisure travelers are being increasingly discerning over the level and type of insurance they buy and businesses are turning to specialist advisory services to limit risk. Since 2019, travel disruptions …

Premium 241

Premium Insured Insurance Insurer 241

Insurance Journal

JUNE 19, 2025

The cost of insurance for ships sailing in the Persian Gulf jumped as attacks between Iran and Israel raised risks for vessels in the area. Underwriters are now charging 0.2% of the value of a ship for calls into the …

Underwriter 247

Underwriter Underwriting Insured Insurance 247

Insurance Journal

JUNE 10, 2025

The rise of autonomous vehicles will force a reconfiguration of the $400 billion US auto-insurance industry, as accidents caused by human error decrease and costs are slashed, but questions about liability remain, according to Goldman Sachs. “Autonomy has the potential …

Auto Insurance 251

Auto Insurance Liability Insurance Industry Insured 251

Insurance Journal

JULY 7, 2025

Erie Insurance reports that it has restored full business operations that have been affected by a month long network outage. The company also said there is “no evidence” of a breach of any sensitive personal information, financial records or legally …

Insured 254

Insured Insurance Insurer 254

Insurance Journal

JUNE 20, 2025

Foundational learning remains a high priority for insurance and risk management professionals, according to The Institutes Knowledge Group’s annual Skills Report. Risk assessment, coverage analysis, and insurance operations education were among the top courses chosen by industry professionals. Based on …

Risk 238

Risk Insured Insurance Insurer 238

Insurance Journal

JULY 10, 2025

the AI-driven managing general agent, has launched in London to serve the smart-follow insurance market. The MGA was founded by Chief Executive Officer Daniel Prince, a leading executive in the London insurance market, who was formerly CEO … Augmented UW Ltd.,

Agents 265

Agents Insured Insurance Insurer 265

Insurance Journal

JUNE 23, 2025

When school begins at the University of Nevada, Las Vegas, students will have a chance to undertake a bachelor’s degree program in insurance and risk management. The school got the new program approved this month. The first cohort of 35 …

Risk 257

Risk Insured Insurance Insurer 257

Central Insurance

JUNE 11, 2025

Learn how business interruption insurance protects your business stability and income during a temporary closure. The post What is Business Income Insurance? appeared first on Central Insurance Blog.

Business Interruption 228

Business Interruption Insured Insurance Insurer 228

Insurance Journal

JUNE 26, 2025

Marine, aviation, cyber, and terrorism insurers face immediate underwriting pressures and potential accumulation losses as a result of heightened hostilities between Iran and Israel, according to Morningstar DBRS. In addition, the report said, reinsurance capacity in certain business lines could …

Underwriter 236

Underwriter Underwriting Cyber Risk 236

Insurance Journal

JUNE 17, 2025

homeowners insurance rates rose 40.4% LendingTree’s 2025 State of Home Insurance Report shows rates from 2019 through 2021 remained stable, … over the past six years, with the biggest increases hitting in the last two years, a new report shows.

Home Insurance 277

Home Insurance Insured Insurance Insurer 277

Insurance Journal

MAY 16, 2025

Insurance agency Davis & Towle Insurance Group, headquartered in Concord, New Hampshire, announced its acquisition of Tobey & Merrill Insurance in Hampton. While the agency will operate under Davis & Towle’s ownership, it will keep the Tobey & Merrill name …

Insurance Agency 265

Insurance Agency Insured Insurance Insurer 265

Insurance Journal

JUNE 19, 2025

Deal volume is down but the total value of the deals that were made is up, according an analysis by PwC of mergers and acquisitions in the insurance sector. The look at M&A activity showed total deal value within the …

Insured 266

Insured Insurance Insurer 266

Insurance Journal

JULY 10, 2025

Property/casualty insurers have started to broadcast the fact that they have earned spots on Ward’s list of 50 top-performing insurance companies for 2025, but only one was named for 35 straight years—RLI Corp. In addition, there were three newcomers to …

Casualty Insurance 264

Casualty Insurance Insurance Companies Insured Insurance 264

Insurance Journal

MARCH 5, 2025

Florida legislative leaders, facing increasing pressure from the public and the press, this week pledged to investigate property insurers’ financial structures. And bills filed before the 2025 Legislature began this week also would require executive pay disclosure by carriers, along …

Insurance Industry 263

Insurance Industry Property Insurance Insured Insurance 263

Insurance Journal

JULY 2, 2025

Washington Insurance Commissioner Patty Kuderer convened her first Artificial Intelligence Advisory Board meeting in Seattle this week to look at the insurance industry’s use of AI and to get recommendations on policy development, regulatory oversight and consumer education efforts. The …

Insurance Industry 249

Insurance Industry Insured Insurance Insurer 249

Insurance Journal

JULY 6, 2025

homeowners insurance rates rose 40.4% LendingTree’s 2025 State of Home Insurance Report shows rates from 2019 through 2021 remained stable, … over the past six years, with the biggest increases hitting in the last two years, a new report shows.

Home Insurance 253

Home Insurance Insured Insurance Insurer 253

Insurance Journal

JUNE 16, 2025

Artemis Insurance, the parent brand of Texan Insurance, Ozark Insurance, and Marek Insurance, announced the acquisition of Baton Rouge-based Tyner Jeter Insurance. Formerly part of McInnis Tyner Agency since 1972, the team launched Tyner Jeter Insurance in August 2012. Earlier …

Insured 218

Insured Insurance Insurer 218

Insurance Journal

JULY 1, 2025

First Mid Insurance Group, a provider of comprehensive insurance solutions, announced its acquisition of certain assets from AAdvantage Insurance, including the former Waterman-Neely agency based in Chatham, Illinois. This strategic acquisition advances FMIG’s growth strategy by expanding its presence in …

Insured 255

Insured Insurance Insurer 255

Insurance Journal

MARCH 19, 2025

Concerns about Florida-based insurance carriers masking profits with the help of affiliated companies has spilled across the border into Georgia, with one state senator calling for an investigation. Nabilah Islam Parkes, D-Duluth, this week sent a letter to Georgia …

Insurance Carrier 263

Insurance Carrier Insured Insurance Insurer 263

Insurance Journal

JULY 2, 2025

California’s private self-insured employers reported 7.4% fewer workers’ compensation claims in 2024 than in 2023, pushing private self-insured claim frequency to a four-year low, a new report shows. However, for the second straight year, the average paid and incurred losses …

Workers Comp 229

Workers Comp Claim Compensation Insurance Claim 229

Insurance Journal

APRIL 10, 2025

A new bill introduced in California aims to increase transparency and accountability in California’s insurance market by bolstering consumer privacy protections and establishing a privacy rights framework for insurance licensees and their third-party service providers. Senate Bill 354, the Insurance …

Protection 260

Protection Insured Insurance Insurer 260

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. The funding …

Insured 230

Insured Insurance Insurer Risk 230

Insurance Journal

MAY 23, 2025

Owners of dangerous dogs in Florida will soon have to secure at least $100,000 in liability insurance coverage after the governor signed House Bill 593 into law this week. Also known as the Pam Rock Act after a mail carrier …

Liability Insurance 264

Liability Insurance Liability Insured Insurance 264

Property Insurance Coverage Law

JUNE 25, 2025

In my recent Claim Game interview with Professor Jay Feinman, one moment in particular captured what many in the insurance world know, but rarely say out loud: insurers get away with bad faith because courts or court-made law let them. appeared first on Property Insurance Coverage Law Blog.

Property Insurance 255

Property Insurance Claim Insured Insurance 255

Insurance Journal

JUNE 19, 2025

’s insurance unit has pulled back from investments in private credit as surging demand from rival bidders pushes yields down. Brookfield Corp.’s Brookfield Wealth Solutions started to reduce its allocation to private credit six months ago, and is almost no longer …

Insured 222

Insured Insurance Insurer 222

Central Insurance

MAY 13, 2025

The post How to Start a Clothing Boutique: Insurance Edition appeared first on Central Insurance Blog. Protect your clothing boutique from day one with essential insurancecovering liability, property, cyber risks, workers comp, and more.

Workers Comp 245

Workers Comp Cyber Liability Insured 245