Insurance Industry Newswire

Quebec’s corruption police raiding headquarters of auto insurance board

Open this photo in gallery:Society d’Assurance Automobile du Quebec headquarters in Quebec City on Wednesday.Jacques Boissinot/The Canadian Press Quebec’s corruption police are searching the headquarters of the province’s auto insurance board. The auto …

Canceled PMI? Don’t Expect a Insurance Refund, Says Court

Bye-Bye Prepaid PMI Refunds? Fourth Circuit Weighs In If you’ve refinanced your home recently to score a better interest rate—or just to ditch private mortgage insurance (PMI)—you might ask a big question. What happens to all that money you prepaid for PMI …

Zurich Kotak General Insurance brings in 2 new faces for commercial insurance team

String of Cyberattacks Against Insurance Industry Could Disrupt Home and Auto Policyholders | Insurify

Scattered Spider, a hacker group known for its recent string of cybersecurity attacks on retailers, has seemingly set its sights on a new target — the U.S. insurance industry. The threat group has targeted the U.S. and U.K. retail industries since April, …

Israel’s gov-backed insurance scheme to cover majority of conflict losses

S&P has indicated that Israel’s government-backed insurance scheme is expected to absorb most losses related to the conflict with Iran, and the agency does not currently anticipate taking negative rating actions on the country’s insurance or banking …

How SPECTRA is Connecting MSPs to Cyber Insurance Outcomes

Channel Insider content and product recommendations are editorially independent. We may make money when you click on links to our partners. View our editorial policy here. Cyber insurers and brokers are pushing the security vertical towards a unified …

Car insurance excess explained: What you're paying for

GUEST OPINION: When you hear about your car insurance, the word "excess" might come to mind; often, most motorists wonder what excess means. Knowing what this means and how it impacts your policy is essential for making informed decisions. This …

Ahmedabad Crash: Insurers Puzzled as Both Policyholders, Nominees Died

Ahmedabad- Insurance companies are facing challenges in settling claims of the Ahmedabad Air India plane crash victims last week as in many cases the policyholders and nominees both have died in the tragedy. There are instances of an entire family …

60% of New Zealanders think insurers should raise premiums for those that face more weather risk

As New Zealanders are expecting more extreme weather events as a result of climate change, they want more to be done to reduce the risks and costs of these events to help keep insurance affordable and available. According to the latest climate change poll, …

Understanding borehole insurance and compliance for homeowners

For many reasons, including the desire to build more drought-resilient homes, South Africa has seen an upsurge in residential borehole installations. According to the Department of Water and Sanitation, between 80,000 and 100,000 boreholes are installed …

AI Update: Insurance Commissioners Challenge One Big Beautiful Bill Act’s Definition of Artificial Intelligence

The Zelle Lonestar Lowdown June 18, 2025 One Big Beautiful Bill Act (“OBBA”) which would impose a 10-year freeze on new state-level artificial intelligence regulations and suspend enforcement of existing ones is being challenged by several state insurance …

If you're about to renew your car insurance then you could be in for a nice surprise

Millions of motorists are benefitting from cheaper insurance - but the research also shows those who stick with the same provider might actually be stung with a rise The cost of car insurance has tumbled to a more than two year low, welcome figures have …

Strait of Hormuz Vessel Insurance Rates Jump 60% over Rising Geopolitical Risks

Thu 19 Jun 2025 | 12:39 AM Insurance premiums for vessels transiting the Strait of Hormuz have surged more than 60% in recent days, as rising geopolitical tensions between Iran and Israel cast a shadow over one of the world’s most vital oil shipping lanes. …

Insurance Costs for Ships in Strait of Hormuz Rise Over 60%

Insurance prices for ships travelling through the Strait of Hormuz have jumped more than 60% since the start of the war between Israel and Iran as the conflict threatens shipping in a key chokepoint for crude oil, the Financial Times newspaper wrote on …

German insurer Allianz slashes 650 British jobs amid 'higher claims costs and softening market conditions'

By DAILY MAIL CITY & FINANCE REPORTER Updated: 17:01 EDT, 18 June 2025 Allianz has told staff that it is slashing 650 jobs in the UK. The German insurer is making cuts to its commercial, speciality and personal insurance business teams. It employs …

Comparing Turo’s Protection Plans With Your Personal Auto Insurance

Peer-to-peer car-sharing platforms like Turo have transformed California’s driving scene. Many California residents are choosing to rent out their personal vehicles or book rides through the Turo app.  While Turo offers convenience and flexibility, it also …

Municipal – Retirement – Insurance

Where (1) a plaintiff served as a firefighter for the town of Mashpee before leaving in 2004 as a “deferred retiree,” (2) in 2021, after turning 55 and beginning to collect retirement benefits from the town, the plaintiff sought to re-enroll in the town’s …

Australia: Insurers report more than 68,000 claims in relation to cyclone Alfred

Australia's Cyclone Reinsurance Pool (cyclone pool) has released an updated summary following cyclone Alfred, which brought rainfall and destructive winds to communities in southeast Queensland and northern New South Wales. Insurers participating in …

 Using Entertainment To Promote Insurance Education In Africa 

1  When Suits, the globally acclaimed American television series hit the screens in 2011, no one could have predicted the cultural phenomenon it would become. Centered around the glamorous world of corporate attorneys and set against the fast-paced …

Energy Bill Relief Fund Extended to Support Households and Small Businesses

MELBOURNE, VICTORIA, AUSTRALIA, June 19, 2025 /⁨EINPresswire.com⁩/ -- From July 1st 2025, eligible households and small businesses will receive up to $150 in electricity rebates, delivered as two $75 quarterly credits. Rising energy costs are …

Wemhoff Tile and Remodeling Expands Service Area to Include Gretna, Blair, and And Communities Throughout Omaha Region

Wemhoff Tile and Remodeling expands bathroom remodeling and tile services to Gretna, Blair, and surrounding Omaha communities to meet growing demand. OMAHA, NE, UNITED STATES, June 18, 2025 /⁨EINPresswire.com⁩/ -- Experienced contractor extends …

Innovative Tracheostomy Recovery is at the Forefront at Cherrydale Health and Rehabilitation

Innovative Tracheostomy Recovery is at the Forefront at Cherrydale Health and Rehabilitation MARLTON, NJ, UNITED STATES, June 18, 2025 /⁨EINPresswire.com⁩/ -- Cherrydale Health and Rehabilitation Center opened its doors to local healthcare and …

Messner Reeves Expands Arizona Office through ADR and Mediation Services and Hiring of Mediator Jeffrey R. Finley

Messner Reeves LLP launches ADR and mediation practice with in-person and virtual services and hires new partner Jeffrey R. Finley in Arizona. PHOENIX, AZ, UNITED STATES, June 18, 2025 /⁨EINPresswire.com⁩/ -- Messner Reeves LLP, an award-winning …

Madison Insurance Group Sponsors Feldman Automotive Children’s Miracle Celebrity Invitational

Madison Insurance Group proudly supports causes that give back to children, families, and the communities we serve SAN JUAN, PUERTO RICO, PUERTO RICO, June 18, 2025 /⁨EINPresswire.com⁩/ -- Madison Insurance Group proudly participated as a sponsor …

Call for Presentations Now Open for Secondary Life Markets Conference 2025

Submit your presentation for SLM 2025—Europe’s leading life settlement event. To be held in Zurich, Switzerland on 15th September 2025. LONDON, LONDON, UNITED KINGDOM, June 18, 2025 /⁨EINPresswire.com⁩/ -- The European Life Settlement Association …

Patriot Select Assumes About 12,000 Policies from Citizens, Places Full Reinsurance Program to Increase Market Presence

ST. PETERSBURG , FL, UNITED STATES, June 18, 2025 /⁨EINPresswire.com⁩/ -- Patriot Select Property and Casualty Insurance Company has successfully assumed nearly 12,000 homeowners multi-peril insurance policies from Citizens Property Insurance …

High-Risk Pedestrian Intersections: Report Reveals 10 Dangerous California Crossings from 2024 Crash Data

BANA LAW, PC identifies high-risk California intersections with significant pedestrian injury and wrongful death rates LOS ANGELES, CA, UNITED STATES, June 18, 2025 /⁨EINPresswire.com⁩/ -- BANA LAW, PC, a California personal injury law firm with …

Alexander T. Lewis Inducted into Multi-Million Dollar Advocates Forum

We are proud to announce that our attorney, Alexander T. Lewis, has been inducted into the Multi-Million Dollar Advocates Forum. ST PETERSBURG, FL, UNITED STATES, June 18, 2025 /⁨EINPresswire.com⁩/ -- A Prestigious Recognition for Exceptional …

21CP Solutions Launches 21CP Risk

Firm's New Division Focused on Protecting Public Servants While Preserving Public Access CHICAGO, IL, UNITED STATES, June 18, 2025 /⁨EINPresswire.com⁩/ -- 21CP Solutions today announced the launch of 21CP Risk, a new division dedicated to …

Human-Centered Insurance Has Arrived: Adjusto Debuts FairMatch™ — First AI Platform Purpose-Built for Contents Claims

Today, Adjusto announces the launch of FairMatch™, the first AI-powered platform purpose-built to resolve contents claims with accuracy, empathy, intelligence. BOULDER, CO, UNITED STATES, June 18, 2025 /⁨EINPresswire.com⁩/ -- As catastrophic …

OnPointe Software Launches Industry’s Most Accurate Roth Conversion Software with a Built-In Lead Generation Tool

Most accurate Roth conversion software with built-in lead generation, helping advisors attract prospects and deliver precise, customizable planning. FORT MYERS, FL, UNITED STATES, June 18, 2025 /⁨EINPresswire.com⁩/ -- OnPointe Software is …

Reliance Global Group Announces Up To $6.75 Million Private Placement Priced At-The-Market Under Nasdaq Rules

LAKEWOOD, NJ, June 18, 2025 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (Nasdaq: RELI) (“Reliance,” “we,” “us,” “our” or the “Company”), today announced that it has entered into definitive agreements for the issuance and sale of an aggregate of 1,488, …

Trupanion Announces Winners of the Veterinary Appreciation Day™ Awards

SEATTLE, June 18, 2025 (GLOBE NEWSWIRE) -- In honor of Veterinary Appreciation Day on June 18, Trupanion, the leading provider of medical insurance for cats and dogs in North America, held its annual awards event to celebrate and recognize the veterinary …

WCIT Financial Services Technology Panel Announces Inaugural Annual Event with Dame Julia Hoggett as Keynote Speaker

City Livery company promotes the use of technology for good in society LONDON, UNITED KINGDOM, June 18, 2025 /⁨EINPresswire.com⁩/ -- The Financial Services Technology Panel of the Worshipful Company of Information Technologists (WCIT) is proud to …

Home Warranty Service Market to Grow from $7.3 Billion in 2020 to $13.6 Billion by 2030, with a CAGR of 6.3%

Home Warranty Service Market to Grow from $7.3 Billion in 2020 to $13.6 Billion by 2030, with a CAGR of 6.3% WILMINGTON, DE, UNITED STATES, June 18, 2025 /⁨EINPresswire.com⁩/ -- Home Warranty Service Market: Trends, Growth, and Forecast (2021–2030 …

Fifth annual AIFinTech100 reveals the top AI innovators reshaping financial services

As financial services continue to embrace the transformative power of AI, FinTech Global has announced the 2025 edition of its prestigious AIFinTech100 list. LONDON, UNITED KINGDOM, June 18, 2025 /⁨EINPresswire.com⁩/ -- Now in its fifth year, the …

Rate Insurance Awarded Platinum Level 2025 Bell Seal Award for Workplace Mental Health

CHICAGO, June 18, 2025 (GLOBE NEWSWIRE) -- Rate Insurance, LLC, a subsidiary of Rate and one of the fastest-growing national personal lines and small commercial insurance brokers, has been awarded the Platinum Level 2025 Bell Seal for Workplace Mental …

Tokio Marine HCC Appoints Elizabeth Geary to Lead North America P&C Businesses

HOUSTON, June 18, 2025 (GLOBE NEWSWIRE) -- Tokio Marine HCC (TMHCC), based in Houston, Texas, today announced the appointment of Elizabeth Geary to the newly created role of President & CEO of North America P&C. She will be responsible for the …

Progressive Reports May 2025 Results

MAYFIELD VILLAGE, OHIO, June 18, 2025 (GLOBE NEWSWIRE) -- The Progressive Corporation (NYSE:PGR) today reported the following results for the month ended May 31, 2025:   May (millions, except per share amounts and ratios; unaudited)   2025     2024   …