Along with analyzing risk, a risk manager’s core function is to offload as much risk as possible as cost-effectively as possible. While meeting this goal is generally thought of as assembling the right insurance portfolio at the best price, transferring …

If you’ve felt a shift in driver behavior on Pacific Northwest roads, a recent poll suggests you’re not alone. A survey of Washington and Oregon residents by PEMCO Mutual Insurance found that many motorists are seeing increases in rudeness on …

The Trump Administration has denied Maryland’s request for federal disaster aid for damage caused by severe storms and flooding on May 13 and 14 in Allegany and Garrett Counties in the western part of the state. Gov. Wes Moore said …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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., …