Insurance Journal

FEBRUARY 20, 2025

This edition of International People Moves details appointments at Allianz Commercial and AXA XL. Allianz Commercial Names Martin as Chief Risk & Resilience Officer Allianz Commercial announced that Aymeric Martin, currently chief … A summary of these new hires follows here.

Commercial 241

Commercial Risk 241

Insurance Journal

JANUARY 9, 2025

The commercial property market is showing signs of stabilization, and buyers with favorable risk profiles will see rate decreases or low-single-digit increases this year, according to USI Insurance Services’ 2025 Commercial Property & Casualty Market Outlook. Accounts with unfavorable loss …

Commercial Property 264

Commercial Property Commercial Risk Insurer 264

Insurance Journal

JANUARY 26, 2025

The commercial property market is showing signs of stabilization, and buyers with favorable risk profiles will see rate decreases or low-single-digit increases this year, according to USI Insurance Services’ 2025 Commercial Property & Casualty Market Outlook. Accounts with unfavorable loss …

Commercial Property 246

Commercial Property Commercial Risk Insurer 246

Insurance Journal

DECEMBER 2, 2024

Rockford Mutual Insurance Company (RMIC) announced a strategic expansion into the state of Michigan for Commercial Lines products in 2025. This decision is part of the company’s ongoing efforts to diversify its portfolio and spread risk across different markets in …

Commercial 243

Commercial Insurance Companies Risk Insurer 243

Insurance Journal

NOVEMBER 13, 2024

North American specialty insurance brokerage Risk Strategies reports it has acquired Felsen Insurance Services, Inc., a New Jersey-based agency offering commercial and personal property/casualty insurance. Terms of the deal were not disclosed. Established in 1985, Felsen is based in Denville, …

Risk 264

Risk Personal Property Casualty Insurance Commercial 264

Insurance Journal

DECEMBER 3, 2024

Liberty Mutual Insurance, headquartered in Boston, named Marc Orloff as president of Global Risk Solutions (GRS) North America, effective Jan. Orloff will lead GRS North America’s financial and operational performance, which includes commercial and specialty businesses in the U.S., …

Risk 264

Risk Commercial Insurer Insurance 264

Insurance Journal

DECEMBER 18, 2024

King Risk Partners, one of the largest U.S. Talbert, in business in north Georgia since 1982, offers personal and commercial insurance. insurance brokers, has acquired Talbert Insurance Services in Duluth, Georgia, expanding King’s presence in the Southeast. Larry Talbert II …

Risk 246

Risk Commercial Insurance Insurance Broker Commercial 246

Insurance Journal

APRIL 8, 2025

Allianz Commercial, headquartered in New York City, expanded its U.S. construction team with five new hires who will join Allianz Commercial’s Master Builder’s Risk team by mid-April. Kristen Hoskinson was appointed executive underwriter team leader for Allianz Commercial. Based in …

Commercial 189

Commercial Underwriting Underwriter Risk 189

Insurance Journal

JANUARY 15, 2025

Cyber, business interruption and natural catastrophes are the top three risks that concern global businesses, according to the Allianz Risk Barometer 2025. Cyber incidents, such as ransomware attacks, data breaches and IT outages, is the top global risk for 2025, …

Business Interruption 324

Business Interruption Cyber Risk Commercial 324

Insurance Journal

SEPTEMBER 6, 2024

IRIS leverages data and adds predictive science to mitigate risk for commercial property carriers Yorba Linda, CA; September 06, 2024—Jetfile, a leading provider of insurance management solutions, today announced a strategic partnership with Aviana to provide IRIS, a revolutionary commercial …

Commercial Property 242

Commercial Property Risk Commercial Insurer 242

Insurance Journal

NOVEMBER 7, 2024

Marsh Names Fraser as Int’l Corporate & Commercial Leader Marsh, the insurance broker, risk adviser and Marsh … This edition of International People Moves details appointments at the brokers Marsh and Clear Group. A summary of these new hires follows here.

Commercial 246

Commercial Insurance Broker Broker Risk 246

Insurance Journal

MARCH 14, 2025

Specialty insurer Beazley appointed Lindsay Shipper as head of commercial property, North America, effective April 1. She will report to Richard Montminy, group head of property risks, and will be based in Atlanta. Shipper brings close to two decades experience …

Commercial Property 242

Commercial Property Commercial Risk Insurer 242

Insurance Journal

AUGUST 15, 2024

Powers Insurance & Risk Management, headquartered in St. Louis, recently promoted Rachel Winkelmann to commercial lines account executive and trainer. As Powers’ new trainer, Winkelmann handles training and onboarding for new commercial lines team members. Before her promotion, Winkelmann worked …

Risk 203

Risk Commercial Insurer Insurance 203

Protect Commercial Insurance

APRIL 11, 2025

Navigating the world of insurance can feel overwhelming, especially when it comes to understanding commercial property insurance. This friendly guide will walk you through the essentials of commercial property insurance, helping you protect your business premises and assets with confidence. What is Commercial Property Insurance?

Commercial Property 52

Commercial Property Property Insurance Commercial Insurer 52

Insurance Journal

OCTOBER 28, 2024

Costly reinsurance, inflation, tough regulations, and increasing weather-related claims are driving up property insurance prices—and in turn, that is impacting commercial real estate returns, valuations, and transactions, a new report shows. The Urban Land Institute and real estate investment management …

Risk 264

Risk Property Insurance Commercial Insurer 264

Insurance Journal

APRIL 7, 2025

Richard Kerr, CEO of Novatae Risk Group, said the increase was … According to the MarketScout Market Barometer, the composite rate for U.S. personal lines kept rising in the first quarter to 4.9%, up from 4% during the prior three-month period.

Commercial 233

Commercial Risk 233

Insurance Journal

AUGUST 5, 2024

Powers Insurance & Risk Management Adds Gaglioti and Hester Powers Insurance & Risk Management, headquartered in St. Louis, hired Brittany Gaglioti as a commercial account manager and Contina Hester as a personal lines marketer. Gaglioti oversees all aspects of the …

Risk 214

Risk Commercial Insurer Insurance 214

Insurance Journal

APRIL 6, 2025

For many years, agents and brokers have advised clients about the benefits of telematics in reducing commercial auto risks. So, why havenit market conditions improved, and why is distracted driving still so prevalent? The answer comes down to follow- through.

Risk 162

Risk Broker-Agent Commercial Broker 162

Shield Insurance Agency

MARCH 31, 2025

Running a warehouse in Michigan involves managing a variety of risks, from property damage to employee injuries. Commercial insurance plays a key role in mitigating these risks, providing crucial protection for warehouse operations. These risks can lead to significant financial losses if not properly managed.

Commercial Insurance 52

Commercial Insurance Commercial Insurance Agency Injury 52

Tosten Marketing

FEBRUARY 27, 2025

Water damage can wreak havoc on commercial properties, leading to costly repairs and business disruptions. Commercial property insurance water damage coverage is a complex topic with many nuances. What Water Damage Does Commercial Property Insurance Cover? What Water Damage Isn’t Covered?

Commercial Property 52

Commercial Property Property Insurance Damage Commercial 52

Insurance Journal

FEBRUARY 25, 2025

Allianz Commercial Appoints Contreras North American Portfolio Solutions Leader Allianz Commercial, headquartered in New York City, appointed Jenna Contreras to the North American distribution team in the newly created role of portfolio solutions leader for wholesale and managing general agents …

Commercial 147

Commercial Risk Agents 147

Insurance Journal

SEPTEMBER 24, 2024

surplus lines market for the first time surpassed the $100 billion mark in direct premiums written, and some of the risk that has found non-admitted insurers might stay there beyond an eventual turn in the market … In 2023 the U.S.

Risk 289

Risk Premium Insurer Insurance 289

Central Insurance

JULY 2, 2024

Learn how to navigate Arizona auto insurance for your commercial business by understanding essential coverage types and unique state risks. The post Navigating Arizona Auto Insurance for Your Commercial Business appeared first on Central Insurance Blog.

Auto Insurance 130

Auto Insurance Commercial Insurer Insurance 130

Central Insurance

AUGUST 29, 2024

Explore how high-risk business insurance affects different industries, the factors influencing rates, and strategies to reduce risk exposure and lower premiums. The post How Does High-Risk Business Insurance Differ by Industry? appeared first on Central Insurance Blog.

Business Insurance 217

Business Insurance Risk Premium Insurer 217

Insurance Journal

NOVEMBER 14, 2024

Underwriting carrier Emerald Bay Risk Solutions announced a partnership with Vanderbilt Properties Associates, Inc., a risk purchasing group comprising a large portfolio of high-end residential and commercial real estate properties as its members, to launch its inaugural casualty program. The …

Underwriting 245

Underwriting Underwriter Commercial Risk 245

Insurance Journal

JULY 31, 2024

When actuary Greg Fears attended a Western Region Captive Insurance Conference in April, he expected to learn and share information about emerging uses of captives for commercial risks, including trucking captives—a recent focus of his attention. But during the last …

Commercial 276

Commercial Risk Insurer Insurance 276

Paragon Independent Insurance Agencies

MARCH 28, 2025

While no two businesses are the same, many face similar types of risks. Risk is an inherent part of the landscape for business owners across all industries. Commercial Insurance Solutions for Diverse Business Risks Its type of work and industry typically dictates the risks that every business can potentially encounter.

Commercial Insurance 40

Commercial Insurance Commercial Risk Insurance Agency 40

Insurance Journal

JANUARY 13, 2025

has agreed to acquire CAPE Analytics, which provides geospatial AI intelligence for residential and commercial properties. Moody’s said the deal will create a property database capable of delivering instant, address-specific risk insights as it brings together Moody’s Intelligent … Moody’s Corp.

Commercial Property 264

Commercial Property Commercial Risk 264

Property Insurance Centre

FEBRUARY 10, 2025

What Perils Are Covered by Commercial Property Insurance? Commercial property insurance is essential for businesses to protect their assets from unforeseen events. But what exactly does commercial property insurance cover? ” If a peril is explicitly listed in the policy, the insurer will cover the damage it causes.

Commercial Property 52

Commercial Property Property Insurance Commercial Boiler and Machinery 52

Insurance Journal

OCTOBER 29, 2024

WTW announced the expansion of its Corporate Risk & Broking (CRB) business in Japan with the launch of an insurance brokerage service. The new service will offer insurance solutions to commercial clients, as well as wholesale facultative reinsurance placement services …

Commercial 263

Commercial Insurer Insurance Insured 263

Insurance Journal

OCTOBER 21, 2024

State-sponsored residual property markets have seen in influx of risks come in since 2018, with some states growing by more than 200%. According to insurance industry ratings firm AM Best, the policy counts of personal and commercial property Fair Access …

Policy 264

Policy Commercial Property Commercial Insurance Industry 264

Insurance Journal

OCTOBER 9, 2024

Munich Re Specialty announced it is entering the Spanish commercial market for primary specialty insurance, with an aim to begin underwriting in 2025. It has set up a Spanish branch of Munich Re Risk Solutions Ireland Ltd., which holds regulatory …

Underwriting 261

Underwriting Underwriter Commercial Insurer 261

Insurance Journal

AUGUST 8, 2024

IMA Financial Group, a large brokerage specializing in wealth management and risk advice, is moving into the Florida commercial property insurance market with the acquisition of Wallace Welch & Willingham Inc. WW&W, based in the St. Petersburg area, is considered …

Commercial Property 259

Commercial Property Commercial Property Insurance Risk 259

Insurance Journal

JANUARY 9, 2025

Broker McGill and Partners has launched a commercial property war risk reinsurance program for Ukraine, which it said on Thursday was the first of its kind since Russia’s invasion of the country in Feb 2022. Companies in Ukraine have found …

Broker 242

Broker Commercial Property Commercial Risk 242

Insurance Journal

NOVEMBER 8, 2024

You can’t go anywhere without hearing about the impact of generative artificial intelligence on … well, everything. The insurance industry is not immune from these impacts; it has been affected by AI in countless ways – from the use of …

Risk 264

Risk Insurance Industry Insurer Insurance 264

Insurance Journal

AUGUST 18, 2024

per $1 million in limits in the second quarter, according to Aon Commercial Risk Solutions. The average price for directors & officers liability insurance decreased 5.2% Aon said the decrease compared to the same quarter in 2023 was the ninth …

Liability Insurance 245

Liability Insurance Liability Commercial Risk 245

Insurance Journal

NOVEMBER 13, 2024

Corbo oversees the risk management and commercial casualty segments. Everest Insurance, the insurance division of Everest Group, headquartered in Warren, New Jersey, appointed Nina Corbo to lead U.S. primary casualty and Debbie Weiser to lead U.S. excess casualty. With nearly …

Commercial 245

Commercial Insurer Insurance Insured 245