20 06, 2025

Pano AI in California Raises $44M Series B to Scale Early Detection

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San Francisco, California-based Pano AI announced the close of its $44 million Series B funding round. The round, which brings its total amount raised to $89 million, was led by new investor Giant Ventures, with additional new participation from Liberty …

13 06, 2025

European Homeowners Battle Insurers Over $2.9 Trillion Climate Risk

By | June 13th, 2025|Uncategorized|Comments Off on European Homeowners Battle Insurers Over $2.9 Trillion Climate Risk

When Bernard Weisse first noticed a tiny crack in the outer wall of his house on the outskirts of Paris, he dismissed it as little more than a nuisance. But in the four years since, a spiderweb of fissures has …

20 06, 2025

Former Connecticut Trooper Accused of Workers’ Compensation Fraud

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A former Connecticut state police trooper has been arrested and charged with collecting workers’ compensation benefits totaling $8,341.00 during his employment with the Connecticut Department of Emergency Services and Public Protection (DESPP). Jose Campos, age 32, of Winsted, was arrested …

13 06, 2025

California, 10 Other States Sue to Block Trump From Killing 2035 EV Rules

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A group of 11 states led by California on Thursday filed suit challenging a repeal by Congress of the state’s 2035 electric vehicle rules and heavy duty truck requirements. U.S. President Donald Trump on Thursday signed three resolutions approved by …

20 06, 2025

AmRisc Launches Reciprocal Exchange for Commercial E&S Market

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AmRisc, a subsidiary of Alabama-based CRC Group and Truist Insurance Holdings, has launched a reciprocal exchange, initally writing in Florida, Georgia, Alabama, California and Colorado, the company announced this week. Calais Reciprocal Insurance Exchange is domiciled in Illinois and plans …

13 06, 2025

New Oklahoma Law Limits Post-Loss Assignment of Benefits on Property Damage

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Oklahoma lawmakers this legislative session passed a bill limiting post-loss assignment of benefits for property damage under auto, residential or commercial property insurance policies. House Bill 1084 prohibits the solicitation or acceptance of an assignment of any post-loss insurance benefit …

20 06, 2025

People Moves: Circadian Risk Names Schools CFO

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Circadian Risk, headquartered in Ann Arbor, Michigan, named Frank Schools as chief financial officer (CFO). Schools will oversee the company’s financial strategy, planning, risk management and reporting functions. Schools previously worked with Circadian Risk principals while serving as CFO of …

13 06, 2025

People Moves: Beazley Taps Swiss Re’s Wunderlich as Head of Parametric Insurance; QBE Promotes Browne to UK Casualty Director

By | June 13th, 2025|Uncategorized|Comments Off on People Moves: Beazley Taps Swiss Re’s Wunderlich as Head of Parametric Insurance; QBE Promotes Browne to UK Casualty Director

This edition of International People Moves details appointments at Beazley and QBE Insurance. A summary of these executive hires follows here. Beazley, headquartered in London, appointed Stefan Wunderlich as head of parametric insurance. Reporting to Richard Montminy, group head of …

20 06, 2025

Ex-Shell US Oil Trading Boss Claims He’s Owed $29 Million Bonus

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Shell Plc’s former head of oil trading in the US was stiffed on his 2020 bonus by more than $29 million, he claims in a lawsuit that shines a light on compensation inside the oil major’s lucrative trading unit. John …

13 06, 2025

Insurer USAA Expands Presence in Virginia With Purchase of Building

By | June 13th, 2025|Uncategorized|Comments Off on Insurer USAA Expands Presence in Virginia With Purchase of Building

Insurer USAA, which serves military veterans and their families, has purchased a new, larger office space in Chesapeake, Virginia to accommodate its expanding membership and workforce. Through the expansion, USAA said it expects to add 500 new jobs to the …