California Gov. Gavin Newsom said a group of major banks have agreed to extend mortgage relief for Los Angeles wildfire victims, as the area struggles to rebuild one year after the devastating blazes. Wells Fargo & Co., JPMorgan Chase & …
JPMorgan, Citi Extending Mortgage Relief for LA Wildfire Victims Read More »
Trucordia announced the acquisition of the First Texas Agency business, based in Houston, Texas. With a commitment to guiding clients with education about insurance solutions, First Texas Agency builds strong client relationships throughout the Houston area and beyond. Helfer & …
Trucordia Acquires First Texas Agency Read More »
A federal appeals court has ruled that the government is liable for damage to homes that flooded upstream of the Addicks and Barker dams after Hurricane Harvey unleashed more than 50 inches of rainfall on the Houston region in 2017. …
Houston Homeowners Win Hurricane Harvey Appeal Against Feds Read More »
Zurich North America and Players Health, a provider of athlete safety and insurance solutions, have teamed up to introduce a Critical Injury Protection Insurance solution for colleges, universities, collectives and their student athletes who receive name, image and likeness (NIL) …
Zurich and Players Health Form Injury Insurance for NIL era of College Sports Read More »
Westfield Specialty announced the appointment of Cornelia Röskau as chief executive officer of the newly formed Europe company market, Westfield Specialty Europe, which will begin underwriting business in April, subject to regulatory approval. She will be based in Luxembourg and …
People Moves: Westfield Specialty Taps Sompo’s Röskau for New Company Market Unit Read More »
In a report one year on from the Los Angeles area wildfires in 2025, which started on Jan. 7, Morningstar DBS Research issued a perspective that called the fires “a significant stress event” for California’s property/casualty insurance sector. The industry …
Xceedance, a global provider of technology-driven business solutions for the insurance industry, today announced its acquisition of Marble Box, a company delivering tailored operational support and process optimization solutions to independent insurance agencies and brokers. This acquisition marks Xceedance’s entry …
Xceedance Acquires Illinois-Based Marble Box Read More »
Millions of people living on the expanding outskirts of Australia’s major cities face an increasing risk of urban wildfires similar to the deadly blazes in Los Angeles last year. Suburbs on the fringes of centers including Sydney, Melbourne and Perth …
Millions at Risk of Los Angeles-Style Wildfires in Australia Read More »
American International Group said on Tuesday CEO Peter Zaffino will step down by mid-year and move into the role of executive chair of the board. It named insurance industry veteran Eric Andersen as its new president and CEO-elect to replace …
AIG CEO Zaffino to Transition to Executive Chair, Replaced by Aon’s Andersen Read More »
Heavy rain, flooding, storms and hail – also known as severe convective storms (SCS) – brought below-average claims for German insurers in 2025, defying the long-term trend for such perils, given the impact of climate change, according to the German …
German Insurers Report Below-Average Natural Disaster Claims in 2025 Read More »
