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July 4, 2025 – Arch Insurance North America has named Jeff Kaufmann as Executive Vice President, Head of Marine, effective July 7, 2025, in a newly created role to spearhead its U.S. marine business. Based in New York, Kaufmann will report to Valerie Turpin, Chief Underwriting Officer for Property, and lead the development of Arch’s … Read more
Revealed: The Insurance Industry’s 5-Star Technology and Service Providers of 2025 New York, NY – July 29, 2025 – Insurance Business has unveiled its highly anticipated list of the Global 5-Star Technology and Software Providers for 2025, recognizing the top insurtech companies driving innovation in the insurance sector. The selection, announced on July 29, 2025, … Read more
If you want to choose the best auto insurance policy, it is important that you do a thorough study and review of the auto insurance companies prevalent in the market. The next step is to read the auto insurance reviews posted about the company. This will certainly give you a fair idea of the reputation … Read more
If you have a spouse, children or both and their present and future standard of living is dependent on the money you bring home every month, term life insurance is one of the best financial purchases you can make! For only a few cents a day you can guarantee that if something unexpected happens to … Read more
Boeing Faces Class-Action Lawsuit Over Alleged Blocking of Disability Benefits by Hartford and Alight A whistleblower’s explosive claims have thrust Boeing into the spotlight, with a proposed class-action lawsuit accusing the aerospace giant, along with insurers Hartford and benefits administrator Alight, of systematically denying disability benefits to injured and ill employees. Filed on September 10, … Read more
Flash flooding strikes without warning, turning streets into rivers and homes into ruins in mere hours, and insurers are now zeroing in on this escalating threat like never before. With events like the deadly July 2025 Texas floods causing up to $22 billion in damages, carriers are rethinking underwriting, premiums, and coverage to manage the … Read more
First Internet Bank Sues American General Over $1.4 Million Life Insurance Claim Chicago, IL — August 8, 2025 — First Internet Bank of Indiana has filed a lawsuit against American General Life Insurance Company, alleging the insurer failed to pay a $1.4 million claim tied to a life insurance policy used as collateral for a … Read more
Depending on what you define as a “drug”, drug use is non-existent in Canada. Eleven per cent of the Canadian population “have a drug or alcohol problem” according to a CBC survey, but this does not include people who use drugs recreationally without a “problem”. That number, especially when you include alcohol and cannabis, is … Read more
Insurers Launch Federal Fight to Void $2 Million Yacht Insurance Policy In a significant legal battle, Accelerant Specialty Insurance Company, Texas Insurance Company, and Certain Underwriters at Lloyd’s of London have filed a complaint in the U.S. District Court for the Middle District of Florida to void a $2 million commercial yacht insurance policy issued … Read more
Insurers Face Tipping Point as Climate Losses Climb and Capital Strains Deepen New York, August 9, 2025 – The global insurance industry is grappling with an unprecedented crisis as climate-driven catastrophes push it toward a potential tipping point, with insured losses soaring and capital reserves under severe strain. A new World Economic Forum report paints … Read more