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News Archives - Insurance Journal

TSLA Announces Election of Officers & Directors at 2025 Annual Meeting
The Texas Surplus Lines Association, Inc. announced the election of the following Officers and Directors at its 70th Annual Meeting held at the Four Seasons Hotel Austin on November 10, 2025. President – Terence Babler, Vice President, Property Broker Brown …

POSTED DECEMBER 04, 2025 8:17 PM
Amynta Group Completes Acquisition of Louisiana’s International Sureties
Amynta Group has completed its acquisition of commercial surety broker Global Surety, LLC, International Sureties Limited and International Sureties SARL (collectively, “International Sureties”). International Sureties is a Louisiana-based specialty surety broker, providing a broad range of commercial surety products, including …

POSTED DECEMBER 04, 2025 7:57 PM
Hong Kong Fire to Hurt Taiping Insurance Earnings, Fitch Says
The deadly fire that ripped through seven high-rise towers in Hong Kong is expected to result in a surge in near-term claims among insurers, and hit earnings of the complex’s main underwriter, an affiliate of China Taiping Insurance Holdings 0966.HK, …

POSTED DECEMBER 04, 2025 5:06 PM
People Moves: Westfield Specialty International Taps Zurich’s Watson to Lead New Cyber Offering; Liberty Names Delvos From Corvus as Head of Cyber and Tech E&O, Europe
This edition of International People Moves details appointments at Westfield Specialty International and Liberty Specialty Markets. A summary of these new hires follows here. Westfield Specialty Int’l Taps Zurich’s Watson to Lead New Cyber Offering Westfield Specialty International has named …

POSTED DECEMBER 04, 2025 4:42 PM
Applied Systems, Comulate Spar Over Trade Secret Theft Allegations
Competitors in the insurance technology market are now warring through litigation, with each company bringing hard-hitting allegations against the other. Late last month, insurance software provider Applied Systems sued Comulate on allegations that Comulate created a fake agency to take …

POSTED DECEMBER 04, 2025 4:20 PM
Texas’ Camp Mystic Announces New Safety Upgrades Following Tragic Flood
The owners of an all-girls summer camp in the Texas Hill Country, where 25 campers and two teenage counselors died in catastrophic July 4 flooding, announced plans on Tuesday for new safety upgrades that will be in place when a …

POSTED DECEMBER 04, 2025 4:01 PM
ZestyAI’s Z-Water Approved in Five States
ZestyAI announced that its non-weather water risk model, Z-WATER, has been reviewed and accepted for use in underwriting and rating in Illinois, Indiana, Iowa, Louisiana, and Wisconsin. Insurers in these states will now be able to set property-specific rates, align …

POSTED DECEMBER 04, 2025 3:43 PM
King Risk Partners Acquires Ohio’s Arnold Insurance Agency
King Risk Partners announced the acquisition of Arnold Insurance Agency, an independent firm based in Reynoldsburg, Ohio. The Arnold Insurance Agency is recognized throughout Ohio as one of the premier providers of construction insurance, small business insurance, personal insurance, risk …

POSTED DECEMBER 04, 2025 3:37 PM
Construction Firm Owner Pleads Guilty to $600K Workers’ Compensation Fraud
The owner of an iron and erection construction company was sentenced this week for underreporting payroll to avoid paying $600,000 in workers’ compensation policy premiums. According to Nassau County District Attorney Anne T. Donnelly, business owner Mahendranauth Khargie of Rockville …

POSTED DECEMBER 04, 2025 2:50 PM
Nevada Governor Signs Sweeping Crime Bill as State Seeks to Boost Tourism
Nevada Gov. Joe Lombardo signed his sweeping crime package into law over the weekend that will help revive a unique court program that barred offenders of some crimes from the Las Vegas Strip and will stiffen penalties for smash-and-grab robberies, …

POSTED DECEMBER 04, 2025 2:50 PM

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