Insurance Journal delivers the latest business news for the Property/Casualty insurance industry
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Viewpoint: California Needs Regulatory Reform and Quick Rate Review to Halt Personal Lines Meltdown

The regulation of property/casualty insurance in California has been an epic failure—look no further than the state of the market for personal automobile and homeowners insurance. California Insurance Commissioner Ricardo Lara’s automobile insurance rate moratorium and refusal to process rate …

Fri Jun 2, 2023 20:59
Crypto Insurer Evertas Authorized to Offer Largest Single Crypto Insurance Policy

London-based Arch Insurance International has authorized cryptocurrency insurer Evertas to increase the coverage limit for a single policy to $420 million for custodians or exchanges in what the U.S firm said is the highest in the industry. The move is …

Fri Jun 2, 2023 20:00
People Moves: Alliant Adds McGrath to Chicago Team; UFG Appoints Allsup as Assistant VP

Alliant Insurance Services Names Matt McGrath as Vice President, Americas Division Matt McGrath has joined Alliant Insurance Services’ Alliant Americas division as vice president. Based in Chicago, McGrath will focus on designing, implementing, and managing comprehensive risk and insurance solutions …

Fri Jun 2, 2023 20:00
Texas Lawmakers Allocated $2 Billion to Increase Water Supply, Reduce Flooding

During this year’s legislative session, Texas lawmakers allocated part of the state’s historic $32.7 billion surplus toward better protecting the state against droughts and floods — an investment that followed one of the hottest summers on record and the worst …

Fri Jun 2, 2023 19:49
MGA Volante Global Launches Branch in Singapore, Managed by Asta

Volante Global, a multi-class, multi-territory international MGA and Lloyd’s syndicate, has launched Volante Singapore, according to Asta, the Lloyd’s third-party managing agent. “The launch of Volante Singapore is an early milestone in our own expansion into Asia. The region represents …

Fri Jun 2, 2023 19:49
People Moves: Stephens Insurance Adds Bettina to Houston Team as P&C SVP

Stephens Insurance Adds Bettina to Houston Team as P&C SVP Stephens Insurance, LLC, an affiliate of Stephens Inc., has hired Chris Bettina as a senior vice president within the property and casualty practice. Bettina brings nearly 15 years of experience …

Fri Jun 2, 2023 19:30

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