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Viewpoint: Commercial P/C Talent Gap 5 Years On—Are We Asking the Right Question For more than four decades, I have worked across the commercial property/casualty insurance ecosystem. Over those years, I have watched our industry attract people, develop underwriters, transfer knowledge, promote talent, lose experienced practitioners, and adapt as the way we work …
POSTED SEPTEMBER 03, 2026 5:11 AM |
Florida Judge Cans Investment Funds’ Lawsuit vs. Lighthouse Insurance Exec A Florida judge this week effectively dismissed a lawsuit brought by private equity firms who charged that Lighthouse Property Insurance executives misled investors about the extent of losses from Hurricane Ida in 2021. By entering into a 2021 note purchase …
POSTED SEPTEMBER 03, 2026 5:02 AM |
Judge Strikes Down New York Plan to Charge Fossil-Fuel Firms $75B for Climate Damages New York’s attempt to make fossil fuel-producing industries pay into a $75 billion fund to repair the damage wrought by climate change was struck down by a federal judge, who said the sweeping law reaches beyond a state’s responsibility and …
POSTED SEPTEMBER 03, 2026 5:00 AM |
Insurance Again Dominates Number of Complaints to Oregon Consumer Advocates Insurance continued to be the biggest generator of complaints to the Oregon Division of Financial Regulation, according to the division, which reported it recovered $3.88 million through the first six months of 2026. Insurance produced the majority of complaints filed …
POSTED SEPTEMBER 03, 2026 5:00 AM |
Starbucks Dress Code Didn’t Violate NYC Workers’ Labor Rights, US Court Rules A U.S. appeals court on Wednesday reversed a federal labor board ruling that said Starbucks broke the law by barring workers at a flagship Manhattan store with a “steampunk hipster vibe” from wearing t-shirts or multiple pins supporting a union. …
POSTED SEPTEMBER 03, 2026 5:00 AM |
Amwins Acquires Firearms Insurance Specialist Joseph Chiarello & Co. Specialty insurance wholesale broker Amwins reports it has acquired Joseph Chiarello & Co., Inc., a managing general agent (MGA) specializing in commercial insurance for the firearms industry. Terms of the deal were not disclosed. Chiarello will join Amwins Underwriting, adding …
POSTED SEPTEMBER 02, 2026 7:30 PM |
US-Iran Clashes Escalate as Fears Grow of Extended Conflict Fighting between the US and Iran over control of the Strait of Hormuz intensified after a period of relative calm, triggering a fresh jump in energy prices as fears grow of an open-ended war. The US military carried out a …
POSTED SEPTEMBER 02, 2026 4:44 PM |
People: Builders Insurance Names Jasmund Board Chairman Atlanta-based Builders Insurance Group has named David Jasmund, a longtime board member and investment banker, as chairman of the board. Jasmund succeeds Charles Potok, who retired last month after three years as chairman, the company said in a news release. …
POSTED SEPTEMBER 02, 2026 4:41 PM |
Tech Update: Howden Re Offers Property-Level Modeling for SRCC Risks Howden Re, the reinsurance arm of insurance broker Howden, is partnering with the modeling company Synthetik Insurance Technologies, to launch an analytical tool designed to help insurers and reinsurers better understand, quantify, and manage strikes, riots and civil commotion (SRCC) …
POSTED SEPTEMBER 02, 2026 4:24 PM |
Texas A&M Forest Service Launches Prescribed Burn Manager Insurance Program The Texas A&M Forest Service launched an insurance program this week to provide liability protection for qualified certified and insured prescribed burn managers (CIPBMs). The Texas Prescribed Burn Manager Insurance Program was created in response to a recent House Bill …
POSTED SEPTEMBER 02, 2026 3:41 PM |
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