1 month ago
Farmers Insurance has launched a new initiative designed to make insurance easier to understand and more transparent for consumers. Farmers said the enterprise-wide effort reflects its continuing commitment to helping consumers better understand their options so they can make more …
1 month ago
Cover Genius, the insurtech for embedded insurance, said on July 15 it raised $100 million in capital, backed by Vista Credit Partners, a subsidiary of Vista Equity Partners. The raise ups the business to a $1.9 billion valuation, said Cover …
1 month ago
Second quarter 2026 net income at Progressive Corp. increased 4% compared to the same period a year ago to about $3.3 billion. Progressive reports results monthly. Net income for June was down 31% to about $779 million. The Mayfield Village, …
1 month ago
Florida regulators are considering three rule changes, one on how market-conduct examinations are triggered, one on an expanded claims-dispute mediation system, and one that would require certain quarterly reports even when the insurer has not engaged in the type of …
William Rabb
1 month ago
The New Jersey Supreme Court has ruled unanimously that insurance brokers, producers, and agents are not entitled to a professional exemption from liability under the state’s Consumer Fraud Act (CFA). The court found that “extending the learned professional exception to …
Andrew G. Simpson
1 month ago
Risk Theory Insurance Services launched Jupiter Platinum Home, a primary excess and surplus product for high-net-worth homeowners in California. The program, with capacity from Amherst Specialty Insurance, is built for homes with a $750,000 dwelling limit up to $25 million …
1 month ago
It’s already been a deadly year for firefighters, and authorities have been putting resources where they can more quickly pounce on wildfires before they get out of hand and increase the possibility of additional loss of life and property. Fire …
Admin
1 month ago
PG&E Corp. warned that power shutoffs will be required on Wednesday and Thursday in three California counties as dry conditions and gusty winds increase fire risks. PG&E is taking steps to preemptively shut off electricity to homes and businesses in …
Admin
1 month ago
A coalition of public health organizations, pediatricians and parents sued the U.S. Food and Drug Administration on July 14, challenging a new policy that allow some manufacturers to sell vapes and nicotine without the legally required license. The lawsuit, filed …
1 month ago
The UK has lagged behind many of its insurance market competitors in that it does not have a not have a tailored regime to allow the formation of captive insurers, which has led many corporations to establish their captives overseas, …
L.S. Howard
1 month ago
NFP, an Aon company and leading property and casualty (P&C) broker and benefits consultant, today announced the acquisition of Total Benefits Advisors, a Cleveland, Ohio-based advisory firm specializing in retirement services and employee benefits solutions for business owners and wealth …
1 month ago
Holmes Murphy announced that Jay Reavis has been named President of Holmes Murphy and HMA Group Holdings. This appointment reflects the company’s ongoing commitment to the power of its independence, leadership development, thoughtful succession planning, and positioning the organization for …
1 month ago
W.R. Berkley Corp., one of the largest commercial lines writers, has named Paul Stock president of its subsidiary, Carolina Casualty, a provider of coverage products for the transportation industry. Stock has been divisional president at Carolina Casualty since May 2025. …
1 month ago
One year after the tragic fire at Gabriel House in Fall River claimed the lives of 10 residents and injured dozens more, Massachusetts has finalized a set of new safety regulations to better protect those living in assisted living residences …
1 month ago
In Arizona, dead fish lie in the dry bed of a reservoir. To the north, a small Utah town could run out of water in months. And in Colorado, a rancher has sold a fifth of her herd as stock …
Admin
1 month ago
Managing general agent and specialist cyber insurer Coalition said it has launched Active Cyber Insurance for Enterprises, with up to USD $25 million in cyber limits for U.S. large businesses. This follows the May announcement of Coalition’s expanded strategic relationship …
1 month ago
A helicopter helping fight a Colorado wildfire has crashed into a reservoir, killing the pilot, authorities said. The aircraft was reported down Sunday in the Silver Jack Reservoir and the pilot’s body was recovered by divers. The Gunnison County Sheriff’s …
1 month ago
The U.S. will formally bring together AI developers and essential services providers to share information on cybersecurity vulnerabilities identified by advanced AI systems and coordinate responses, according to a White House statement, fulfilling U.S. President Donald Trump’s order from June. …
Admin
1 month ago
A vote in Palm Beach County on whether to allow the construction of a digital infrastructure hub to house AI data centers and warehouses is set to show the strength of Florida’s efforts to rein in the technology industry. Project …
Admin
1 month ago
Insurance industry software-as-a-service provider Duck Creek Technologies said it has acquired commercial underwriting platform Send Technology Solutions. Duck Creek said together the companies will create the “first and only agentic solution to unite core insurance operations and intelligent underwriting workflows …