A few of the victims of the Los Angeles wildfires in January are asking California Gov. Gavin Newsom to call for the resignation of California Insurance Commissioner Ricardo Lara over reforms Lara pushed that were designed to help ease the state’s homeowners insurance crisis. The calls for Lara’s resignation follow a New York Times article […]
World’s largest inclusive insurance initiative could reach 2.7 million people Related Stories Hiscox to accelerate roll out of AI-enhanced underwriting KCC pegs Melissa insured loss at $2.4bn Data centre boom will require specialised insurance: Allianz
Inclusive insurance programme reaches milestone Read More »
In This Article This article is presented by Steadily. If you opened your insurance renewal notice lately and had to read the number twice, you’re not alone. Landlord insurance premiums jumped nearly 8% in the first quarter of 2025 alone. You read that right; that’s not annual growth spread across 12 months; that’s just one
Insurance Premiums Up Big Across the Country—What’s Driving the Insurance Crisis? Read More »
This edition of International People Moves details appointments at AXA XL and Fidelis Insurance Group. A summary of these new hires follows here. AXA XL Promotes Lahrmann to Head of International Property AXA XL announced the promotion of Sabrina Lahrmann to head of International Property, UK & Lloyd’s. Based in London, she started her new
Global renewable energy capacity will nearly double to 8.5 terawatts by 2030, pushing insurers to adapt as solar, wind, and… Related Stories Specialty MGAs Nirvana and Pulse complete merger Carbon names Bright underwriting director IGI trims COR to 76.5% in Q3
Global renewable energy insurance premiums could reach $26bn by 2030 Read More »
UK Chancellor of the Exchequer Rachel Reeves will meet CEOs from top insurers in Downing Street on Wednesday, as she seeks to encourage more investment in the City ahead of a tricky budget later this month. The meeting, whose attendees will include Lloyds of London Chair Charles Roxburgh, Swiss Re AG CEO Andreas Berger and
UK’s Reeves to Meet Insurance CEOs in Pre-Budget Growth Pitch Read More »
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Jamaica cat bond will not shake ILS market: Fitch :: Insurance Day Read More »
Arthur J. Gallagher & Co. acquired Denver, Colorado-based Surescape Insurance Services LLC. Doug Rothey and his team will remain in their current location under the direction of Bret VanderVoort, head of Gallagher’s South Central retail property/casualty brokerage operations. Surescape is a surety specialist and insurance agency serving the construction industry across the U.S. Arthur J.
Arthur J. Gallagher Acquires Surescape Insurance Services in Colorado Read More »
A group of Dow Inc. investors filed a lawsuit at the end of August accusing the chemical manufacturer of failing to properly disclose the impact of tariffs on its business. This is the first investor class action linked to President Donald Trump’s tariff onslaught that upended global trade, according to lawyers, forced companies to reevaluate
Tariff-Linked Class Action Suits to Boost D&O Insurance Demand Read More »
The use of artificial intelligence (AI) could increase the risk of physical cyber attacks in the marine sector, a joint Insurance Day/Lloyd’s List podcast has heard. William Altman, director of cyber threat intelligence services at CyberCube, said AI-based coding tools could help “novice” threat actors exploit critical operational technology (OT) – which interfaces digital infrastructure
AI increasing physical cyber risk in shipping :: Insurance Day Read More »