1 month 1 week ago
Bold Penguin announced a partnership with Adaptive Insurance, expanding coverage options available through the Bold Penguin Placement Desk. Adaptive is pioneering the path to resilience in the face of emerging climate risks, starting with their GridProtect parametric power outage coverage. …
1 month 1 week ago
The cyber insurance market is reaching an inflection point where underwriting companies must differentiate healthcare from other industries in how the risk is evaluated, priced, and how claims are managed. Healthcare cyber claims data tells a consistent and troubling story: …
Admin
1 month 1 week ago
Nearly all leading artificial intelligence developers are focused on building AI models that mimic the way humans reason, but new research shows these cutting-edge systems can be far more energy intensive, adding to concerns about AI’s strain on power grids. …
Admin
1 month 1 week ago
The message from the Florida Chamber of Commerce Insurance Summit was loud and clear: Don’t mess with legislative changes that have all but restored the state’s property insurance market. And while you’re at it, don’t repeal Florida’s personal injury protection …
William Rabb
1 month 1 week ago
Affordable American Insurance Inc. naned Ross Haskett vice president of sales. Haskett has a decade of experience in insurance-industry lending and agency financing, including senior leadership roles at Westfield Bank and Live Oak Banking Company. His background includes positions ranging …
1 month 1 week ago
A report from a regulator-created group found that a multifaceted approach to addressing wildfires and lack of insurance affordability in Arizona should be tackled with a multifaceted approach that includes homeowners, communities and the state working in tandem to implement …
1 month 1 week ago
California Attorney General Rob Bonta settled with a national cleaning and sanitation company to resolve allegations that the company used unlawful no poach agreements. The settlement is against Packers Sanitation Services Inc. LTD., now doing business as Fortrex. As part …
1 month 1 week ago
New York’s Suffolk County, home to the ultra-wealthy Hamptons and the bucolic North Fork, must pay $112 million in damages to immigrants after a court ruled that their detention in local jails violated their rights. The Long Island county disclosed …
Admin
1 month 1 week ago
Keystone, headquartered in Mechanicsburg, Pennsylvania, will appoint Mike Walsh as president in the coming months. Patrick Kinney will continue to serve as CEO of the independent agency network and platform during this period. Once the transition is complete, Walsh will …
1 month 1 week ago
A political consultant who sent artificial intelligence-generated robocalls mimicking former President Joe Biden to New Hampshire Democrats said he will not pay $22,500 to three voters despite a recent federal court order. The order, issued November 21 n a lawsuit …
Admin
1 month 1 week ago
The Texas Surplus Lines Association, Inc. announced the election of the following Officers and Directors at its 70th Annual Meeting held at the Four Seasons Hotel Austin on November 10, 2025. President – Terence Babler, Vice President, Property Broker Brown …
1 month 1 week ago
Amynta Group has completed its acquisition of commercial surety broker Global Surety, LLC, International Sureties Limited and International Sureties SARL (collectively, “International Sureties”). International Sureties is a Louisiana-based specialty surety broker, providing a broad range of commercial surety products, including …
1 month 1 week ago
The deadly fire that ripped through seven high-rise towers in Hong Kong is expected to result in a surge in near-term claims among insurers, and hit earnings of the complex’s main underwriter, an affiliate of China Taiping Insurance Holdings 0966.HK, …
Admin
1 month 1 week ago
This edition of International People Moves details appointments at Westfield Specialty International and Liberty Specialty Markets. A summary of these new hires follows here. Westfield Specialty Int’l Taps Zurich’s Watson to Lead New Cyber Offering Westfield Specialty International has named …
1 month 1 week ago
Competitors in the insurance technology market are now warring through litigation, with each company bringing hard-hitting allegations against the other. Late last month, insurance software provider Applied Systems sued Comulate on allegations that Comulate created a fake agency to take …
Chad Hemenway
1 month 1 week ago
The owners of an all-girls summer camp in the Texas Hill Country, where 25 campers and two teenage counselors died in catastrophic July 4 flooding, announced plans on Tuesday for new safety upgrades that will be in place when a …
Admin
1 month 1 week ago
ZestyAI announced that its non-weather water risk model, Z-WATER, has been reviewed and accepted for use in underwriting and rating in Illinois, Indiana, Iowa, Louisiana, and Wisconsin. Insurers in these states will now be able to set property-specific rates, align …
1 month 1 week ago
King Risk Partners announced the acquisition of Arnold Insurance Agency, an independent firm based in Reynoldsburg, Ohio. The Arnold Insurance Agency is recognized throughout Ohio as one of the premier providers of construction insurance, small business insurance, personal insurance, risk …
1 month 1 week ago
The owner of an iron and erection construction company was sentenced this week for underreporting payroll to avoid paying $600,000 in workers’ compensation policy premiums. According to Nassau County District Attorney Anne T. Donnelly, business owner Mahendranauth Khargie of Rockville …
1 month 1 week ago
Nevada Gov. Joe Lombardo signed his sweeping crime package into law over the weekend that will help revive a unique court program that barred offenders of some crimes from the Las Vegas Strip and will stiffen penalties for smash-and-grab robberies, …
Admin