Insurance Journal

APRIL 24, 2025

The UK’s driest start to the year in four decades is threatening the country’s grain crops and increasing the risk of wildfires. Total precipitation of about 20.5 centimeters (8.1 inches) during the first quarter was the lowest since 1985, according …

Risk 217

Risk Insurance Insured Insurer 217

Insurance Journal

JUNE 9, 2025

The Orlando-based boutique agency and brokerage Hatcher Insurance is now part of Unison Risk Advisors, Unison announced this week. Hatcher, founded almost 80 years ago, offers property and liability insurance, surety bonding, employee benefits and personal insurance services. Industry veterans …

Insurance Agency 147

Insurance Agency Risk Liability Insurance Liability 147

Insurance Journal

JUNE 12, 2025

[no_auto_dropcap]“It’s Now a Buyer’s Market for Auto Insurance, J.D. Auto Insurance Study this week summed up a key takeaway of the customer … Power Finds.” ” That headline on top of an announcement about the release of the J.D. Power 2025 U.S.

Auto Insurance 240

Auto Insurance Risk Insured Insurer 240

Insurance Journal

FEBRUARY 7, 2025

This edition of International People Moves details appointments at Willis and Arch Insurance UK. Willis Promotes Easton to Global Head of ART and Head of Western Europe, Risk & Analytics Willis, a … A summary of these new hires follows here.

Risk 235

Risk Insured Insurer Insurance 235

Insurance Journal

JUNE 13, 2025

When Bernard Weisse first noticed a tiny crack in the outer wall of his house on the outskirts of Paris, he dismissed it as little more than a nuisance. But in the four years since, a spiderweb of fissures has …

Risk 204

Risk Insured Insurer Insurance 204

Insurance Journal

JUNE 11, 2025

Florida-based insurance brokerage King Risk Partners announced it has acquired Cameron Group, Inc., an independent insurance agency located in Nanuet, New York. Cameron Group serves New York, New Jersey, and Connecticut with personal and commercial insurance. The Cameron acquisition is …

Risk 176

Risk Commercial Insurance Commercial Insurance Agency 176

Insurance Journal

MARCH 4, 2025

Specialist Risk Group (SRG), the London-based insurance intermediary, announce the acquisition of Brentacre Insurance, a specialist broker with deep expertise in providing insurance for modified and performance vehicles, subject to regulatory approval. Financial details of the transaction were not disclosed.

Broker 140

Broker Risk Insured Insurer 140

Insurance Journal

JUNE 4, 2025

Austin, TX June 04,2025 The Risk & Insurance Education Alliance is proud to announce the launch of AlliBot 3.0, the newest generation of its groundbreaking AI-powered knowledge bot designed exclusively for risk and insurance professionals. Building upon AlliBot’s …

Risk 130

Risk Policy Building Insured 130

Central Insurance

MAY 13, 2025

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

Workers Comp 242

Workers Comp Cyber Liability Insured 242

Insurance Journal

JUNE 9, 2025

For analysts at Fitch Ratings, the recent demolition of a Swiss village by a glacier is fresh proof that climate change is altering the laws of mortgage risk. The world looked on in shock last month as 3 million cubic …

Risk 158

Risk Insurance Insured Insurer 158

Insurance Journal

JUNE 9, 2025

Lawyers have cited fake cases generated by artificial intelligence in court proceedings in England, a judge has said — warning that attorneys could be prosecuted if they don’t check the accuracy of their research. High Court justice Victoria Sharp said …

Risk 293

Risk Cyber Liability Insurance 293

Insurance Journal

APRIL 10, 2025

Soaring levels of civil unrest and political violence are a key concern for businesses of all sizes as well as their insurers, according to report published by Allianz Commercial. The impact of civil unrest or strikes, riots and civil commotion …

Commercial 263

Commercial Risk Insurance Insured 263

Insurance Journal

JUNE 12, 2025

For decades, Taiwan’s life insurance companies boasted of above-average returns from their heavy investment in US bonds. That reliance is now a major risk threatening more than $700 billion of assets. Unlike insurers in other countries like Japan where diversification …

Life Insurance 202

Life Insurance Insurance Companies Insured Insurer 202

Insurance Journal

JUNE 5, 2025

A senior executive at the UK’s National Wealth Fund has criticized the country’s banks and money managers for what he characterized as their failure to embrace the risk levels needed to drive the low-carbon transition. “What I’m not seeing is …

Risk 172

Risk 172

Property Insurance Coverage Law

MARCH 23, 2025

Every once in a while, a piece of nerdy insurance legislation catches my eye, not because it disrupts the industry overnight, but because it signals a trend about risk and how property insurance is going to operate. Colorados newly passed HB 25-1182 is a bill that may not make national headlines, but it should.

Risk 140

Risk Property Insurance Insurance Insured 140

Insurance Journal

DECEMBER 2, 2024

Private equity’s advance into the insurance sector exacerbates the risk of “fire sales” that disrupt the functioning of financial markets, the Bank of England warned. A growing number of PE firms in the US have acquired life insurers, while British …

Risk 286

Risk Life Insurance Insured Insurer 286

Insurance Journal

JANUARY 16, 2025

While 2024 brought record-breaking data-breach costs and evolving cyber risk, all signs point to stable rates and ample capacity in 2025. Intense competition among cyber insurance carriers has resulted in higher limits, enhanced cyber risk management services, flexibility in insurance …

Cyber 264

Cyber Risk Insurance Carrier Insured 264

Insurance Journal

JUNE 12, 2025

UK risk managers identified five key themes that could affect their businesses, topped by “technology, AI and cyber,” according to AIRMIC, the British risk management group, which conducted a survey of its members. Nearly 90% of respondents pointed to tech, …

Cyber 147

Cyber Risk 147

Insurance Journal

FEBRUARY 10, 2025

China’s National Financial Regulatory Administration on Saturday issued guidelines for insurance groups to manage “concentration risks,” asking insurers to hold sufficient capital and liquidity buffers.

Insured 192

Insured Insurer Insurance Risk 192

Insurance Journal

MAY 8, 2025

As weather-driven catastrophes become more common and severe, commercial property owners and the agents who serve them are reassessing risks and coverage to get more build for their buck. The new Nationwide Agency Forward Commercial Lines Protection Survey surveyed commercial …

Commercial Property 273

Commercial Property Commercial Risk Building 273

Insurance Journal

JUNE 8, 2025

South Africa’s central bank plans to expand its examination of climate risk to the insurance industry, as it seeks to anticipate threats that can do far-reaching economic harm. “This year we put out our first climate-risk scenario, common stress test, …

Insurance Industry 158

Insurance Industry Risk Insured Insurer 158

Property Insurance Coverage Law

MAY 2, 2025

Millions Have No Idea Theyre at Risk,shed … The post Underinsured and Unprotected: Are California Insurance Agents to Blame? appeared first on Property Insurance Coverage Law Blog. A recent in-depth investigative report by theSan Francisco Chronicle,A Broken System is Keeping California Homes Underinsured.

Insurance Agent 200

Insurance Agent Insurance Agents Agents Property Insurance 200

Insurance Journal

SEPTEMBER 2, 2024

California, Oregon, Colorado, Washington and Arizona are the states most at risk for wildfires, earning an “F” rating, according to a new analysis by Guidewire detailing wildfire risk in the U.S. at local, state, and national levels. Guidewire’s HazardHub data …

Risk 311

Risk Property Insurance Insurance Insured 311

Insurance Journal

JUNE 10, 2025

Following the “paradigm-shifting” Los Angeles wildfires in January, the 2024-2025 wildfire season will be remembered as a turning point for the insurance industry, and a warning that “wildfire is no longer a seasonal or rural phenomenon,” a new outlook asserts.

Risk 192

Risk Insurance Industry Insurance Insured 192

Insurance Journal

JANUARY 15, 2025

Cyber, business interruption and natural catastrophes are the top three risks that concern global businesses, according to the Allianz Risk Barometer 2025. Cyber incidents, such as ransomware attacks, data breaches and IT outages, is the top global risk for 2025, …

Business Interruption 324

Business Interruption Cyber Risk Commercial 324

Insurance Journal

MAY 8, 2025

Connecticut-based Paragon Insurance Holdings announced that its specialty media and contingency platform, Reel Media Insurance Services, has acquired WISE Risk, a wholesaler for event-driven and specialty insurance products. WISE Risk, based in Needham, Massachusetts, is focused on the entertainment, sports, …

Risk 263

Risk Insurance Insured Insurer 263

Insurance Journal

MAY 9, 2025

Electric providers in New Mexico told the state’s utility regulator at citizens at a hearing on Thursday in Santa Fe that residents should be prepared to potentially lose power when high winds and dry conditions raise wildfire risk in their …

Risk 158

Risk Liability Insurance Insured 158

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. The Ministry of Industry and Information Technology on Monday …

Risk 140

Risk Liability 140

Insurance Journal

APRIL 15, 2025

United Risk, a subsidiary of Applied Underwriters, announced it has formed a multi-line reinsurance managing general agent. Jay Cahill, previously United Risk’s chief financial officer, has been named chief executive officer of the new MGA. He will be succeeded as …

Risk 140

Risk Underwriting Underwriter Agents 140

Insurance Journal

JUNE 12, 2025

OVERLAND PARK, KS (June 12, 2025) – Alta Risk today announced the addition of two seasoned excess casualty underwriters, Robert … New underwriting talent brings decades of expertise and strong broker relationships to support Alta’s continued growth in the excess space.

Risk 130

Risk Underwriting Underwriter Broker 130

Insurance Journal

SEPTEMBER 18, 2024

Hannah Whyte is one of thousands of Californians who have struggled to insure their property in the event of wildfire. Her 77-acre farm nestled deep in a wildfire-vulnerable forest lost its coverage from State Farm after the mountainous region burned …

Risk 305

Risk Insured Insurer Insurance 305

Insurance Journal

JANUARY 6, 2025

Inside faceless office buildings scattered around London, a niche corner of the insurance market is keeping hundreds of billions of dollars in commodity trade moving through some of the world’s most dangerous waters. As conflicts rage in the Middle East …

Risk 278

Risk Building Insured Insurer 278

Prof. Allan Manning

FEBRUARY 10, 2025

I recall the very first business interruption claim I did was for a risk in Toowoomba and to my horror found that the Insured had only declared 3 months insurable gross profit with a 3-month Indemnity Period. Where a client, sought to insure for less than 12 months they would offer a discount on the premium rate.

Business Interruption 189

Business Interruption Claim Insured Insurer 189

Insurance Journal

JUNE 13, 2025

A culture of risk aversion and mission creep among UK financial regulators is undermining trust and placing costly burdens on banks and insurers, an influential group of parliamentarians found. The House of Lords Financial Services Regulation Committee said officials need …

Risk 243

Risk Insurance Insured Insurer 243

Insurance Journal

SEPTEMBER 4, 2024

In an unassuming white and blue office building in Freeport, a few miles into Nassau County, sits the headquarters of American Transit Insurance Co. The 52-year-old, family-owned firm is hardly a household name, but it’s vital to how New Yorkers …

Risk 312

Risk Building Insured Insurer 312

Insurance Journal

MAY 29, 2025

California’s property insurance market remains in turmoil, exacerbated by escalating wildfire risks, insurer withdrawals, and systemic shortcomings in the state’s safety netthe California FAIR Plan.

Property Insurance 150

Property Insurance Premium Insured Insurer 150

Insurance Journal

JUNE 11, 2025

Aurora, the London-based digital managing general agent, has launched a property owners insurance product, aiming to enhance the way brokers access and place property risks. The new product, backed by Lloyd’s, leverages Aurora’s digital insurance platform and real-time data enrichment …

Property Insurance 158

Property Insurance Broker-Agent Agents Broker 158