Insured Losses From Hurricane Melissa Could Reach $4.2 Billion, Verisk Estimates November 3, 2025 Insured losses from Hurricane Melissa’s strike on Jamaica are expected to range between $2.2 billion and $4.2 billion, according to...
Markets/Coverages: AXA XL Offers Cyber Solution for Europe, APAC Construction Firms November 3, 2025 AXA XL announced the launch of a new cyber solution designed to provide construction firms in Europe, Asia and Australia...
People Moves: H.W. Kaufman Group Promotes 16 Across Executive and North American Teams; Howden US Names Dallal EVP, Financial Lines November 3, 2025 H.W. Kaufman Group Makes Promotions Across Executive and North American Teams H.W. Kaufman Group, headquartered in Farmington Hills, Michigan, promoted...
LP Expands into Oregon With Acquisition of Mountain West November 3, 2025 LP Insurance Services is expanding into Oregon with the acquisition of Mountain West Insurance Services Inc., based in Salem. The...
NTSB Agrees With Requiring Inspections of 2,000 Learjets After Arizona Crash November 3, 2025 The National Transportation Safety Board wants the owners of nearly 2,000 Learjets—which have long been associated with the rich and...
Workers’ Comp Continues to Lead P/C industry With Strong Profits November 3, 2025 Although economic uncertainty could affect insurers in the near to midterm, workers’ compensation continues to be a key driver of...
Rates in Review November 3, 2025 Global commercial insurance rates during the third quarter decreased 4%–driven by property–which follows a 4% decline in Q2 2025, said...
New Cargo Theft Tactics Driving Claims November 3, 2025 Cargo theft losses are also driving up costs for truckers. According to data from Verisk CargoNet, cargo theft surged 27%...
Declarations November 3, 2025 Shock to the System “Climate-related shocks are likely to be wide-reaching and secular, rather than narrow and cyclical. There’s a...
People November 3, 2025 National Boxx Insurance, headquartered in Miami, Florida, appointed Joe Gates head of distribution, central. Gates has over 20 years of...