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Month: July 2025

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Insurance Journal

Markets/Coverages: Markel Launches Pre-Loss Services for UK Cyber Clients

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  • Post Date July 9, 2025
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Estimated read time 1 min read

Markel Insurance, the insurance operations within Markel Group Inc., announced the launch of its pre-loss services for UK Cyber360 policyholders. These new offerings include a [Read More…]

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Insurance Journal

Credit Fund’s Collapse Leads to $1 Billion Lawsuit Against EY

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  • Post Date July 9, 2025
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Estimated read time 1 min read

Bridging Finance Inc.’s receiver is suing Ernst & Young LLP for C$1.4 billion ($1 billion), alleging the auditor failed to detect fraud and misstatements that [Read More…]

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Three Killed in Houthi Attacks on Cargo Ships, One Vessel Sinks in Red Sea

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  • Post Date July 9, 2025
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Estimated read time 1 min read

Houthi attacks on cargo ships in the Red Sea killed three crew members, sank one vessel, and left a second without propulsion in signs the [Read More…]

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Insurance Journal

UK Companies Should Have to Disclose Major Cyberattacks, M&S Says

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  • Post Date July 9, 2025
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Estimated read time 1 min read

British businesses should be legally required to report material cyberattacks to the authorities, the chairman of retailer Marks & Spencer said on Tuesday, claiming two [Read More…]

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Insurance Journal

ePayPolicy Announces New Network Payables Features

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  • Post Date July 9, 2025
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Estimated read time 1 min read

Network Payables connects the insurance industry with a powerful hub for all outbound payments to thousands of pre-verified industry partners. The High-Level: Network Payables empowers [Read More…]

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Insurance Journal

No Alerts Heard in Deadly Texas Flash Flood as 161 Still Missing

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  • Post Date July 9, 2025
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Estimated read time 1 min read

In the early hours of July 4, the only sound many of the vacationers along the banks of the Guadalupe River would have heard was [Read More…]

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Insurance Journal

Time to Change North Carolina’s Unique (and Antiquated) Rate Bureau System?

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  • Post Date July 9, 2025
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Estimated read time 1 min read

Insurance markets differ in important ways from state to state, and North Carolina’s stands out for two reasons. First, insurers responded to an exceptionally catastrophic [Read More…]

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Insurance Journal

California Fails to Stop 23andMe Founder From Re-Acquiring Company

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  • Post Date July 9, 2025
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Estimated read time 1 min read

Genetic testing company 23andMe can proceed with a $305 million sale to the company’s co-founder Anne Wojcicki after a U.S. bankruptcy judge rejected California’s bid [Read More…]

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Insurance Journal

People Moves: ReSource Pro Appoints Hugh as CFO

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  • Post Date July 9, 2025
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Estimated read time 1 min read

ReSource Pro, headquartered in New York City, appointed Eugene “Gene” Hugh as chief financial officer (CFO). Hugh will lead the company’s accounting, financial planning and [Read More…]

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Insurance Journal

Viewpoint: Rising False Advertising Claims Reveal Major Coverage Protection Gap

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  • Post Date July 9, 2025
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Estimated read time 1 min read

The steady rise in false advertising claims against consumer-facing companies has exposed a major insurance protection gap. The drivers of these legal actions are many [Read More…]

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