6+ hour, 29+ min ago   (481+ words) The brokerage argues this exposes homeowners to co-insurance clause penalties that can reduce claim payouts even on partial losses, and points to rising construction costs as the underlying driver. "We're seeing this constantly in client feedback right now: people who…...

6+ hour, 44+ min ago   (528+ words) Two insurance organizations announced leadership changes this week. Below is a roundup of the moves, with a look at what each means for brokers and producers. Ameritas has promoted Shannon Berry (pictured, left) to senior vice president of sales and…...

2+ hour, 4+ min ago   (419+ words) More than 330,000 passengers were affected by the National Air Traffic Services failure that disrupted UK aviation on September 8 and 9, according to trade body Airlines UK, which put the breakdown at over 155,000 passengers facing cancelled flights and around 180,000 experiencing delays. That…...

6+ hour, 59+ min ago   (280+ words) ScienceSoft, a McKinney, Texas-based IT consulting and software development firm, has published research projecting that by 2028, 60% to 80% of new policies and renewals in errors and omissions, directors and officers, employment practices liability, and cyber insurance will factor AI risk into…...

7+ hour, 8+ min ago   (448+ words) The Connecticut Insurance Department has finalized 2027 rate decisions for fully insured individual and small group health plans, approving an average 11.3% increase in the individual market and 15.1% in the small group market. Both figures came in below what insurers originally requested,…...

2+ hour, 29+ min ago   (314+ words) Zurich has appointed Anita Gabat (pictured) as head of commercial insurance in the UK, subject to regulatory approval. Gabat currently serves as head of property in Zurich's UK commercial business and will take on responsibility for the full commercial insurance…...

2+ day, 13+ hour ago   (573+ words) If you've followed Lloyd's start-up news over the past couple of years, you'll have noticed a pattern. A Bermuda-based re/insurance group announces it's heading to London. It picks up in-principle... Why Bermuda's newest Lloyd's entrants keep renting someone else's…...

2+ day, 21+ hour ago   (583+ words) A recent Ontario court decision is a reminder that boat owners cannot simply assume their homeowner's or cottage insurance automatically extends to a new watercraft, according to Adam Wagman (pictured), partner at Howie, Sacks & Henry LLP, who represented the family…...

3+ day, 5+ hour ago   (482+ words) Carbon Underwriting has named Phil Wooldridge (pictured, left) head of US casualty and deputy active underwriter, effective September 28. Wooldridge joins from Gallagher Re, where he was head of reinsurance for program solutions, with prior roles as head of London US…...

2+ day, 15+ hour ago   (251+ words) Saudi Arabia has shut down the pipeline that has kept its oil flowing since the Strait of Hormuz effectively closed earlier this year. For the marine and energy insurance markets, that's the story, not the oil price. To most readers,…...