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California’s new take on wildfire loss models, and what this means for property insurers

Aug 26 2025 // The California Department of Insurance (CDI) has made some serious moves to tackle the state’s insurance crisis head on, last year launching its Sustainable Insurance Strategy (SIS). With the SIS came a set of...

Japan FSA Plans New Division to Oversee Asset Managers, Insurers

Aug 26 2025 // Japan’s financial regulator plans to set up a division to oversee the asset management and insurance industries, as part of its efforts to drive improvements in the sectors. The new bureau would seek to advance the...

Missouri’s Mutual Insurance Companies Report Stronger Results in 2024

Aug 22 2025 // The Missouri Department of Commerce and Insurance (DCI) announced the state’s mutual insurance companies reported a considerable reduction in net losses from $17.7 million in 2023 to just $4.8 million in 2024. In...

People Moves: Aon Commercial Risk Promotes Smaje as Specialty Leader, Transportation & Logistics; MGA Optio Names Deloitte’s Hallett Head of Insurer Partnerships

Aug 22 2025 // This edition of International People Moves details appointments at the broker Aon and the MGA Optio Group. A summary of these new hires follows here. Aon’s Commercial Risk Business Promotes Smaje to Lead...

Another HO Insurer, Viceroy, Approved for Florida Market, Regulators Say

Aug 22 2025 // Yet another property insurance carrier has been approved to do business in Florida, this one a sister company to Monarch National Insurance, based in Tallahassee. Viceroy Preferred Insurance Co. is at least the 15th new...

Bank of America Says Autonomous Vehicles Can Boost Insurers’ Profitability

Aug 22 2025 // The shift to autonomous vehicles represents a great unknown for the auto insurance industry, but to analysts at Bank of America Corp. it will be a potential goldmine. Investors are concerned about liability when driverless...

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