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News Archives - Insurance Journal
California Department of Insurance Completes Final Review of Wildfire Model
The California Department of Insurance completed a review of the state’s first wildfire catastrophe model, marking a dramatic change in the state’s property/casualty insurance ratemaking process. The new model for use by insurers in assessing wildfire risk in property insurance …
POSTED JULY 24, 2025 5:50 PM |
Kentucky DOI Posts Rules on Wind-Mitigation Grant Program
The Kentucky Department of Insurance has posted new rules on the Strengthen Kentucky Homes wind-mitigation grant program, in keeping with statutes approved in 2024. The regulations spell out eligibility requirements for homeowners, grant procedures, reinspection procedures, and eligibility requirements for …
POSTED JULY 24, 2025 5:40 PM |
People Moves: Pharmacists Mutual Appoints Mosher to Board of Directors
Pharmacists Mutual Insurance Company announced the appointment of Matthew Mosher, former President and CEO of AM Best Rating Services, Inc., to its Board of Directors. Mosher brings decades of leadership experience and industry understanding that will be instrumental in guiding …
POSTED JULY 24, 2025 4:15 PM |
People Moves: Alliant Names Beach as SVP Within Employee Benefits Team
Alliant Insurance Services named Stephanie Beach, ASA, MAAA, as Senior Vice President within its employee benefits group, based in Austin, Texas. With more than 25 years of experience advising mid- to large-sized employers, Beach brings extensive expertise in designing and …
POSTED JULY 24, 2025 3:19 PM |
Wildfires in Mediterranean Leave a Dozen Dead as Heat Soars
Wildfires fueled by soaring temperatures and strong winds across the eastern Mediterranean left a dozen people dead in Turkey and Cyprus. Ten forest workers and search and rescue volunteers were killed in Turkey’s Eskisehir province and 14 others were hospitalized …
POSTED JULY 24, 2025 3:08 PM |
Brown & Brown (Europe) Agrees to Acquire UK-Based Bloodstock Broker
Brown & Brown (Europe) Ltd., part of Brown & Brown, Inc., has agreed to acquire Weatherbys Hamilton LLP, a leading UK-based insurance broker specializing in private client, bloodstock, and farm & estate insurance. Financial details of the transaction, which has …
POSTED JULY 24, 2025 2:55 PM |
People Moves: Everest Promotes Beggs as EVP and Reinsurance CEO; Allianz Commercial Appoints Key Global and Regional Leaders, Creating New Nordics Region
This edition of International People Moves details appointments at Everest Group and Allianz Commercial. A summary of these new hire follows here. Everest Promotes Beggs as EVP and CEO of Reinsurance Everest Group Ltd., the Bermuda-based property, casualty, and specialty …
POSTED JULY 24, 2025 2:39 PM |
Microsoft Says Some SharePoint Server Hackers Now Using Ransomware
A cyber-espionage campaign centered on vulnerable versions of Microsoft’s server software now involves the deployment of ransomware, Microsoft said in a late Wednesday blog post. In the post, citing “expanded analysis and threat intelligence,” Microsoft said a group it dubs …
POSTED JULY 24, 2025 2:35 PM |
Video Shows Florida Deputies Punching Man. Was He Reaching for Knife?
A video showing Florida deputies punching and dragging a Black man from his car during a traffic stop has sparked nationwide outrage, with civil rights lawyers accusing authorities of fabricating their arrest report. The footage shows that William McNeil Jr., …
POSTED JULY 24, 2025 2:17 PM |
MS Amlin Names Former Brit CUO Dart as CEO, Succeeding Carrier
MS Amlin, the Lloyd’s global re/insurer, announced the appointment of Christiern Dart as chief executive officer (CEO). Dart, previously group chief underwriting officer (CUO) at Brit, will take up the role in January 2026, subject to regulatory approval. Dart succeeds …
POSTED JULY 24, 2025 1:39 PM |
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