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NAMIC Voices Support for FEMA Reform Bill
It did not taking long for one of the industry’s trade associations to spring to action following Congress’s return to work after a lengthy government shutdown. The National Association of Mutual Insurance Companies (NAMIC) on Thursday called on U.S House …
POSTED NOVEMBER 13, 2025 5:27 PM |
Los Angeles Braces for Drenching Storms, Potential Flooding
California is set to be drenched in coming days as heavy rain and snowstorms uncoil off the Pacific Ocean, potentially bringing Los Angeles a month’s worth of rain and prompting evacuation warnings in areas burned by last January’s fires. The …
POSTED NOVEMBER 13, 2025 4:15 PM |
Business Moves: Trucordia Acquires 5 Local Agencies in 4 States
Trucordia on Thursday said it acquired five insurance businesses across the United States, marking a significant milestone in the agency’s strategy to build a values-driven, client-first national network. The newly acquired businesses include: Assured Insurance Consultants (Tennessee) Charles River Insurance …
POSTED NOVEMBER 13, 2025 3:54 PM |
Anzen in California Raises $16M to Scale AI Platform for Insurance Distribution
San Francisco, California-based Anzen announced a $16 million Series A funding round led by Madrona, with participation from Sandbox Industries, SNR, Andreessen Horowitz and other investors. The round brings Anzen’s total reported capital raised to $26 million. With this funding, …
POSTED NOVEMBER 13, 2025 3:27 PM |
Founders Fund Backs Startup Bringing AI to Plumbers and Roofers
Large companies have been stuffing artificial intelligence software into every possible product for years. Now, Founders Fund is backing a startup that wants to help small businesses use the technology, too. Netic, which just raised $23 million in a Series …
POSTED NOVEMBER 13, 2025 3:16 PM |
West Virginia Coal Miner Found Dead in Flooded Mine
The body of a coal miner was found inside a mine in southern West Virginia, four days after the stretch of mine was flooded when crews hit an unexpected pocket of water, officials said. It’s the third death this year …
POSTED NOVEMBER 13, 2025 3:02 PM |
People Moves: Rugge Named Chief Actuary at Selective as Senia Plans Retirement
Selective Insurance, headquartered in Branchville, New Jersey, named Nathan Rugge as executive vice president, chief actuary. Rugge, who currently serves as senior vice president, chief corporate actuary, reserving, will assume the role following the retirement of Executive Vice President Vincent …
POSTED NOVEMBER 13, 2025 2:02 PM |
Chubb Launches AI-Powered Embedded Insurance Engine in ‘Chubb Studio’
Chubb on Wednesday announced the debut of a new artificial intelligence-powered optimization engine within Chubb Studio, its global technology platform for embedded insurance distribution partnerships. The new capability uses proprietary AI to analyze data and deliver personalized insurance offerings at …
POSTED NOVEMBER 13, 2025 1:41 PM |
People Moves: Markel Int’l Promotes Davies as MD of Newly Created London Mkt Business; Lockton Re Taps Aon’s Khan as Head of Property Innovation & Solutions
This edition of International People Moves details appointments at insurer Markel International and broker Lockton Re. A summary of these new hires follows here. Markel International Promotes Davies as MD of Newly Created London Mkt Business Markel Insurance, the insurance …
POSTED NOVEMBER 13, 2025 1:16 PM |
UK’s Aviva Targets More Savings After Direct Line Takeover
British insurer on Thursday set itself new financial targets including nearly doubling cost savings from its combination with Direct Line, as CEO Amanda Blanc looks to convince investors the enlarged firm can deliver. The company said it would target growth …
POSTED NOVEMBER 13, 2025 12:34 PM |
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