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Tag: insurance-journal

Viewpoint: Who Gets Credit for Successful Renewal During Soft Reinsurance Market?
Insurance Journal | July 30, 2026
Viewpoint: Who Gets Credit for Successful Renewal During Soft Reinsurance Market?
One theme that has come up repeatedly in conversations with reinsurance brokers recently is that achieving a good renewal outcome is no longer always enough to demonstrate value. That would have sounded like a strange concern a few years ago. …
Lemonade Posts $43M Loss for Q2 as it Continues to Grow Customer Base
Insurance Journal | July 30, 2026
Lemonade Posts $43M Loss for Q2 as it Continues to Grow Customer Base
Insurtech Lemonade reported a second quarter 2026 net loss of about $43 million compared with a loss of about $44 million during the same time in 2025. Lemonade said its topline growth was positive, with 76% increase in year-over-year gross …
Florida’s Universal Basking in the Sunshine of Legislative Changes
Insurance Journal | July 30, 2026
Florida’s Universal Basking in the Sunshine of Legislative Changes
Universal Property & Casualty Insurance Co., now Florida’s second-largest property insurer behind only State Farm Florida, continues to rebound from the dark days of Florida’s insurance crisis, with new policies, higher profits and an improved combined ratio. CEO Stephen Donaghy …
Utica National Teams Up With NFL’s Buffalo Bills
Insurance Journal | July 29, 2026
Utica National Teams Up With NFL’s Buffalo Bills
Utica National Insurance Group announced a partnership with the National Football League’s Buffalo Bills. Utica will become the “official home, auto, and business insurance partner” of the team. As the football season approaches, Utica National said it will roll out …
Inszone Insurance Acquires Pennsylvania Hospitality Specialist Progress Brokerage
Insurance Journal | July 29, 2026
Inszone Insurance Acquires Pennsylvania Hospitality Specialist Progress Brokerage
Inszone Insurance Services, a national provider of commercial, personal, and benefits insurance, announced the acquisition of Progress Brokerage Group, LLC, a specialized insurance agency based in Springfield, Pennsylvania. Founded in 2013 by Ed Snow, Progress Brokerage Group has built a …
Verisk Buys McKenzie Intelligence Services, a UK-Based Catastrophe Analysis Firm
Insurance Journal | July 29, 2026
Verisk Buys McKenzie Intelligence Services, a UK-Based Catastrophe Analysis Firm
Verisk, the data analytics and technology firm, announced it has acquired UK-based McKenzie Intelligence Services (MIS), a geospatial intelligence and event response company that specializes in global real-time catastrophe and conflict event analysis. Financial details of the transaction, which was …
Brown & Brown Estimates Cost of Howden-Driven Talent War Could Hit $60M in 2026
Insurance Journal | July 29, 2026
Brown & Brown Estimates Cost of Howden-Driven Talent War Could Hit $60M in 2026
Brown & Brown anticipates that the cost of the Howden-driven talent war for the full-year 2026 could hit $60 million – an increase from the $31 million it estimated last quarter. “Based on currently available information, we anticipate the full-year …
Aon Ups Data Center Lifecycle Program Capacity Again: Now $5B
Insurance Journal | July 20, 2026
Aon Ups Data Center Lifecycle Program Capacity Again: Now $5B
Aon plc is expanding its proprietary Data Center Lifecycle Insurance Program (DCLP) with an additional $1.5 billion, increasing the program’s first-party coverage capacity to $5.0 billion. In addition, Aon is offering integrated risk solutions that support digital infrastructure assets from …
Nominate Your Agency as a Best Agency to Work For
Insurance Journal | July 20, 2026
Nominate Your Agency as a Best Agency to Work For
Once again, Insurance Journal is seeking the best retail insurance agencies to recognize for the annual Best Agencies to Work For awards. Does your retail insurance agency stand out as a great place to work? Does it foster a strong …
Former Italian Motorway Boss Among 32 Convicted Over 2018’s Genoa Bridge Tragedy
Insurance Journal | July 20, 2026
Former Italian Motorway Boss Among 32 Convicted Over 2018’s Genoa Bridge Tragedy
The former head of Italian motorway operator Autostrade per l’Italia was sentenced to 12 years in prison on Thursday [July 16] for his role in a disaster that killed 43 people when a bridge collapsed near the city of Genoa …