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News Archives - Insurance Journal

People Moves: Canopius Appoints Moore US CEO; Sogliuzzo Hired to Head Howden Re North America Marine, Energy; ACORD Solutions Announces New Board of Directors
Canopius Appoints Moore US CEO Canopius Group, headquartered in Chicago, Illinois, appointed Nadine Moore as CEO of its U.S. business. Based in Chicago, Moore will lead Canopius’ U.S. operations across both its retail and wholesale businesses. Moore will assume leadership …

POSTED JULY 16, 2026 6:11 AM
Farmers Looks to Make it Easier for Consumers to Understand Insurance
Farmers Insurance has launched a new initiative designed to make insurance easier to understand and more transparent for consumers. Farmers said the enterprise-wide effort reflects its continuing commitment to helping consumers better understand their options so they can make more …

POSTED JULY 16, 2026 5:41 AM
Cover Genius Raises $100M in Capital From Vista Credit Partners
Cover Genius, the insurtech for embedded insurance, said on July 15 it raised $100 million in capital, backed by Vista Credit Partners, a subsidiary of Vista Equity Partners. The raise ups the business to a $1.9 billion valuation, said Cover …

POSTED JULY 16, 2026 5:11 AM
Progressive Q2 2026 Net Income Up 4%
Second quarter 2026 net income at Progressive Corp. increased 4% compared to the same period a year ago to about $3.3 billion. Progressive reports results monthly. Net income for June was down 31% to about $779 million. The Mayfield Village, …

POSTED JULY 16, 2026 5:07 AM
Florida Regulators Mulling New Rules on Market Conduct Exams, Reporting
Florida regulators are considering three rule changes, one on how market-conduct examinations are triggered, one on an expanded claims-dispute mediation system, and one that would require certain quarterly reports even when the insurer has not engaged in the type of …

POSTED JULY 16, 2026 5:02 AM

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