Premium renewal rates increased year-over-year for all major commercial lines, except workers’ compensation, according to second quarter 2025 results of the Ivans Index. The Chicago-based technology provider for insurance carriers, agents, and managing general agents said the average premium renewal …
People Moves: HDI Global Canada Appoints Reedie as Head of Engineering and Construction; QBE Promotes Connolly as European Property Product Manager
This edition of International People Moves details appointments at HDI Global Canada and QBE Europe. A summary of these new hires follows here. HDI Global Canada Appoints Reedie as Head of Engineering and Construction Derek Reedie has been appointed head …
People Moves: Triple-I’s Porfilio New Head of Personal, Commercial Development at WTW’s ICT; Aspen Names Welch as Group CUO
WTW appointed Dale Porfilio as senior director and head of personal and commercial lines business development in its insurance consulting & technology (ICT) business. Based in Chicago, Porfilio will be responsible for driving growth, market share and profitability in both …
Trump’s Auto Safety Pick Promises Rapid Self-Driving Deployment
President Donald Trump’s choice to lead the nation’s top car safety regulator pledged to prioritize safety while at the same time making it easier for automakers to deploy-self driving cars. Jonathan Morrison, who was nominated by Trump on February 11 …
Credit Insurer Atradius Gets In-Principle Approval to Launch Lloyd’s Syndicate
Atradius, the Amsterdam-based global credit insurer, announced that Lloyd’s on July 15 granted “in principle” approval for a new syndicate, due to launch on Jan. 1, 2026. Atradius Syndicate 1864 will focus on trade credit risks, initially targeting new and …
Police: Florida Man Firebombed Insurance Agency, Is Linked to Competing Agency
A central Florida man has been charged with shooting at and throwing Molotov cocktails into an insurance agency office in Lake Wales last spring. Lake Wales Police said Jason Roberts was tracked down last week in Jasper, Georgia, after surveillance …
Flood Re’s Reinsurance Costs Surge on UK Claims Frequency and Severity
Flood Re, a joint initiative between the UK government and insurers designed to make flood cover more affordable for homeowners, has reported a precipitous increase in reinsurance rates and claims costs. “The global cost of reinsurance is increasing and Flood …
Orion180 Offering Flexible Home and Flood Insurance in Coastal Massachusetts
Orion180 Insurance, a provider of homeowners and flood insurance coverages, has launched its FLEX Home Insurance product in nine eastern counties of Massachusetts. FLEX provides customizable coverage, allowing homeowners to adjust coverages and deductibles to align with their individual risk …
Transgender Woman Sues Princeton for ‘Humiliating’ Removal From Track Meet
A transgender woman has sued Princeton University claiming she was illegally removed shortly before her race in a school-hosted track meet in May due to her gender identity. An attorney for Sadie Schreiner filed the complaint in New Jersey Superior …
The Dossier That Warned Credit Suisse About Sanjeev Gupta
The report that landed on the desks of Credit Suisse executives was a bombshell: Sanjeev Gupta, a global steel tycoon and one of the bank’s key borrowers, was a “clear participant” in a multi-billion dollar fraud, it claimed. It was …