MGAs by the Numbers: Fronting Biz, Nonaffiliated MGAs Drive Growth July 9, 2025 By Susanne Sclafane Direct premiums written by U.S. managing general agents jumped to over $114 billion in 2024, according to the latest installment...
Insurtech Inshur Raises $35 Million From Trinity Capital for US Expansion, AI Tech July 9, 2025 Inshur said it as received a $35 million capital raise from alternative asset manager Trinity Capital to invest in research...
Online Ticket Seller to Pay $85K for Violating Connecticut’s New Data Privacy Law July 9, 2025 Connecticut Attorney General William Tong announced a settlement with TicketNetwork, Inc. as a result of an investigation into violations of...
Markets/Coverages: Markel Launches Pre-Loss Services for UK Cyber Clients July 9, 2025 Markel Insurance, the insurance operations within Markel Group Inc., announced the launch of its pre-loss services for UK Cyber360 policyholders....
Credit Fund’s Collapse Leads to $1 Billion Lawsuit Against EY July 9, 2025 By Paula Sambo Bridging Finance Inc.’s receiver is suing Ernst & Young LLP for C$1.4 billion ($1 billion), alleging the auditor failed to...
Houthi Attacks in Red Sea Sink Two Cargo Ships, Leave Three Dead July 9, 2025 By Mohammed Hatem and Erik Olsson Houthi attacks in the Red Sea left three crew members dead and sank two cargo vessels in a fresh wave...
UK Companies Should Have to Disclose Major Cyberattacks, M&S Says July 9, 2025 By James Davey British businesses should be legally required to report material cyberattacks to the authorities, the chairman of retailer Marks & Spencer...
ePayPolicy Announces New Network Payables Features July 9, 2025 Network Payables connects the insurance industry with a powerful hub for all outbound payments to thousands of pre-verified industry partners....
No Alerts Heard in Deadly Texas Flash Flood as 161 Still Missing July 9, 2025 By Brian K. Sullivan, Kara Carlson and Joe Lovinger In the early hours of July 4, the only sound many of the vacationers along the banks of the Guadalupe...
Time to Change North Carolina’s Unique (and Antiquated) Rate Bureau System? July 9, 2025 By Jerry Theodorou Insurance markets differ in important ways from state to state, and North Carolina’s stands out for two reasons. First, insurers...