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UK P&I Club and TT Club target growth and stability with proposed merger

Reinsurance News

The UK P&I Club, a provider of Protection & Indemnity insurance to the global shipping industry, and the TT Club, an insurance and risk management provider for the international transport and logistics industry, have announced that they ar...

Posted: Dec 01, 2025

AI in insurance is now mainstream, says WTW’s Doddington

Reinsurance News

WTW, an advisory, broking, and solutions firm, has been closely tracking the adoption of artificial intelligence (AI) in insurance, and has highlighted how carriers are now deploying related technologies at a more rapid pace. Laura Doddington, WTW...

Posted: Dec 01, 2025

US E&S Outlook No Longer Positive: AM Best

Insurance Journal

AM Best is revised its market segment outlook on the U.S. excess and surplus lines segment to stable from positive, the rating agency announced in mid-November. The change comes as rates soften and premium growth moderates. “Although favorable...

Posted: Dec 01, 2025

Ace Insurance Brokers adds Mercer India’s Laddha as President

Reinsurance News

Ace Insurance Brokers, an Indian composite insurance broker, delivering comprehensive life and general insurance solutions to individuals, corporates, and institutions, has appointed Arvind Laddha as President. Earlier this year, Blackstone acquir...

Posted: Dec 01, 2025

Lawsuit Over Burger King’s Whopper Ads Set Back by Federal Judge

Insurance Journal

A federal judge dealt a setback to customers suing Burger King over advertising for its Whopper sandwiches, saying their claims were too disparate to justify certifying a nationwide class action. The lawsuit by 19 customers in 13 U.S. states accused...

Posted: Dec 01, 2025

Deadly Bear Attacks in Japan Prompt New Products From Insurers

Insurance Journal

Hardly a day goes by in Japan without news of another bear attack, but a problem that’s worrying local residents, tourists and farmers and hampering leisure-related businesses is presenting an opportunity for insurers. Tokio Marine & Nichid...

Posted: Dec 01, 2025

Why Reciprocal Insurance Exchanges Are Back in Fashion

Insurance Journal

Reciprocal insurance exchanges have been increasingly popular in recent years, with third-party investor interest in the fee-for-service businesses that manage RIEs and waning property insurance capacity in catastrophe-prone regions supporting the re...

Posted: Dec 01, 2025

Product Liability Verdicts Are on The Rise But There Are Ways to Avoid Them

Insurance Journal

Nuclear verdicts in product liability suits are on the rise. But manufacturers and their insurance companies can take multiple steps to prevent and defend against large jury verdicts, insurance and legal experts said at a recent webinar hosted by Tra...

Posted: Dec 01, 2025

DOJ Investigating SeaWorld, Busch Gardens Firm After Ban on Some Wheeled Walkers

Insurance Journal

The Trump Administration’s Department of Justice, not known for its support of minorities and disabled people, announced it is investigating the company that runs SeaWorld Orlando and Busch Gardens Tampa Bay for potential violations of the Amer...

Posted: Dec 01, 2025

Washington Workers’ Comp Average Premium Going up 4.9% in 2026

Insurance Journal

The average cost of workers’ compensation insurance in Washington is set to rise 4.9% for 2026. The Washington State Department of Labor & Industries announced that employers and workers will pay on average $1.37 a week more for each full-t...

Posted: Dec 01, 2025

California Labor Commissioner Cites Janitorial Companies, OptumCare $468K

Insurance Journal

The California Labor Commissioner’s Office has cited several janitorial companies, their owners, and OptumCare Management LLC $468,204 for wage theft violations that reportedly impacted more than 90 janitors who cleaned manufacturing, laborator...

Posted: Dec 01, 2025

Litigation Finance Hits a Wall After Bets on Huge Gains Falter

Insurance Journal

Litigation finance is having a bad year. After predicting huge growth as recently as January 2024, the industry is now finding that hedge funds and other sources of capital are pulling back. The situation has led some litigation finance firms …

Posted: Dec 01, 2025

State Audit Finds Delays and Gaps in Vermont’s Food and Lodging Inspections

Insurance Journal

The Office of the State Auditor found significant shortcomings with how the Vermont Department of Health reviews complaints related to food and lodging establishments, according to a recent report. The report is the first audit of four planned for th...

Posted: Dec 01, 2025

People Moves: Vermont Captive Insurance Commissioner Bigglestone to Retire

Insurance Journal

Sandy Bigglestone, deputy commissioner of the captive insurance division the Vermont Department of Financial Regulation (DFR), is retiring from her position as of Jan. 1, 2026. Bigglestone’s career in state government began in 1997. As deputy c...

Posted: Dec 01, 2025

S&P lifts Africa Re ratings to ‘A’ due to consistent strong performance

Reinsurance News

S&P Global Ratings has raised the long-term issuer credit and insurer financial strength ratings for African Reinsurance Corp. (Africa Re) and its South African subsidiary, African Reinsurance Corp. (South Africa) Ltd., to ‘A’ from...

Posted: Dec 01, 2025

CME Data Center Bolsters Backup Cooling After 10-Hour Outage

Insurance Journal

The data center that supports CME Group Inc., one of the world’s largest derivatives exchanges, said it has bolstered its backup cooling capacity after overheating sparked a catastrophic 10-hour outage that roiled world markets on Friday. Cyrus...

Posted: Dec 01, 2025

Texas Adds ID Restrictions on Vehicle Registrations, Renewals

Insurance Journal

The Texas Department of Motor Vehicles is implementing more stringent photo identification requirements for all vehicle registrations and renewals in an abrupt shift that could shut out undocumented residents from legally owning vehicles. Current pho...

Posted: Dec 01, 2025

Insurance Customers Skeptical About AI Processes and Benefits

Carrier Management

Insurance Customers Skeptical About AI Processes and Benefits While insurance...

Posted: Nov 30, 2025

GEICO Can’t Squirm Out of South Carolina Lawsuit That Claims the Company Owes $70 Million in Back Ta...

Insurance Journal

GEICO insurance companies can’t dismiss a South Carolina lawsuit that demands they pay almost $70 million in back taxes and penalties, a federal judge ruled in a case that could ultimately affect how insurance taxes are collected by cities in &...

Posted: Nov 30, 2025

Jury Awards $10 Million to Virginia Teacher Shot by 6-Year-Old Student

Insurance Journal

A jury in Newport News, Virginia, has awarded $10 million to a teacher who was shot by a 6-year-old student. Abby Zwerner, who was shot in January 2023 in her first-grade classroom, originally asked for $40 million against a former …

Posted: Nov 30, 2025

New York Now Requires Algorithmic Pricing Disclosure

Insurance Journal

New York Attorney General Letitia James recently issued a consumer alert encouraging New Yorkers to report companies not disclosing their use of algorithmic pricing, as a new state law requires. Algorithmic pricing allows companies to automatically a...

Posted: Nov 30, 2025

Every Superman Has His Kryptonite: How to Protect Key Executives with Specialized Coverage

Insurance Journal

The success of any great company often traces back to the grit and determination of the person leading the charge. The corporate world can be a rock fight, and the one calling the plays must have an almost Superman-like belief …

Posted: Nov 30, 2025

Industry Trends to Exploit for 2026: Part One

Insurance Journal

Agency owners must stay informed about significant new trends in the insurance industry. The following is part one of a two-part article highlighting seven industry trends insurance agencies should track for 2026. 2025 M&A Activity & Pricing...

Posted: Nov 30, 2025

Does Private Equity Create True Value?

Insurance Journal

A study published by Pitchbook (10/4/2025), a trade publication and data source for private equity, showed that private equity buyouts improve portfolio outcomes by 0.64% in annualized excess returns for the last 25 years. However, once the returns w...

Posted: Nov 30, 2025

‘Clear’ Soft Market Pricing

Insurance Journal

Commercial lines premiums across all account sizes rose by less than 2% on average in the third quarter of 2025–a clear indication of soft market conditions across the board. That’s according to The Council of Insurance Agents & Broke...

Posted: Nov 30, 2025

Fortegra on the Growth Path for MGAs

Insurance Journal

At the recent Target Markets Annual Summit in Scottsdale, Arizona, a gathering of 2,000 MGAs, program administrators, and carrier executives, Insurance Journal sat down with Abbie Taylor, executive vice president and chief operating officer of Jackso...

Posted: Nov 30, 2025

Study: Insurance, Other Factors Lead to ‘Hidden Costs’ of Home Ownership

Insurance Journal

Rising insurance costs are contributing to “hidden costs” that are putting more pressure on household incomes, a new study shows. A new study from Zillow and Thumbtack finds hidden costs of homeownership add up to $15,979. These costs inc...

Posted: Nov 30, 2025

Parkland Shooting Wasn’t Multiple Incidents with Multiple Deductibles, Court Says

Insurance Journal

In an age of frequent mass shootings, insurers cannot escape coverage by arguing that each pull of the trigger was a “separate occurrence” unless the policy unambiguously says so, a federal appeals court held last month in a case stemming...

Posted: Nov 30, 2025

Coverage Lawsuit Trends Signal a New Era of Insurance Litigation

Insurance Journal

A new wave of insurance coverage litigation has taken shape in U.S. federal courts, with lawsuit activity in insurance disputes since 2022 diverging sharply from the patterns of both the pandemic years and the decade preceding them. Recent analysis f...

Posted: Nov 30, 2025

Kansas County to Pay $3M Over a Raid on a Small-Town Newspaper

Insurance Journal

By John Hanna and Heather Hollingsworth A rural Kansas county has agreed to pay a little more than $3 million and apologize over a law enforcement raid on a small-town weekly newspaper in August 2023 that sparked an outcry over …

Posted: Nov 30, 2025

WC and GL Outlook 2026: The Hidden Force Influencing Profitability

IIR

As WC and GL remain profitable, slowing growth, shrinking reserves, and regulatory pressure make exposure accuracy increasingly critical to results.

Posted: Nov 30, 2025

Lab Stewardship Reduces Healthcare Costs

Insurance Thought Leadership

Lab Stewardship Reduces Healthcare Costs ITL Editorial Team

Posted: Nov 30, 2025

NRMA Insurance adds bundled roadside assistance in South Australia

coverager

The move follows NRMA Insurance’s broader push in the state, including partnerships with Adelaide Oval, Adelaide Fringe, and the SA State Emergency Service.

Posted: Nov 29, 2025

Patriot adds JM Brassill Group to deepen New York benefits footprint

coverager

Patriot partners with employee benefits and P&C agencies across the US.

Posted: Nov 29, 2025

Zurich Resilience Solutions debuts energy advisory service in Canada

coverager

The service is built to help energy producers strengthen the resilience of renewable power assets as the country expands its clean-energy infrastructure.

Posted: Nov 28, 2025

Adelaïde Group launches corporate university to drive growth and develop talent

coverager

Adelaïde Group launched a corporate university as part of its Better Future 28 strategy.

Posted: Nov 28, 2025

Trucordia acquires Breezy Seguros

coverager

Sypher develops insurance, reinsurance, and analytics products for catastrophe-exposed property markets.

Posted: Nov 28, 2025

Jordan Villiers Kluckow Promoted to Head of GTS, Canada at Liberty Global Transaction Solutions

Risk & Insurance

The latest people news in the industry today. The post Jordan Villiers Kluckow Promoted to Head of GTS, C...

Posted: Nov 28, 2025