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Starr Acquiring IQUW; Starr Managing Agency to Be Among 10 Largest at Lloyd’s

Insurance Journal

Starr, a global investment and insurance organization, announced it has entered a definitive agreement to acquire IQUW Group, a specialty insurance and reinsurance business that combines data and analytics with underwriting expertise. Financial terms...

Posted: Oct 29, 2025

Acrisure appoints Benjamin Funk as Chief Technology & Chief AI Officer

coverager

Funk joins Acrisure from Palantir, where he served as Global Head of Insurance.

Posted: Oct 29, 2025

Zurich launches AI lab

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The lab will tap into some of "Europe’s brightest minds."

Posted: Oct 29, 2025

Amwins launches cyber insurance coverage

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Cyber+ offers cyber security services from Upfort Shield.

Posted: Oct 29, 2025

Pacific Life expands to Charlotte, North Carolina

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The company plans to create 300 jobs over the next five years.

Posted: Oct 29, 2025

Starr to acquire IQUW Group

Reinsurance News

Starr, the global investment and insurance company has entered into a definitive agreement to acquire IQUW Group, the specialty insurance and reinsurance organisation. The deal is expected to expand Starr’s underwriting capabilities and position t...

Posted: Oct 29, 2025

Mutual Re expands ownership group with Mutual Assurance Society of Virginia addition

Reinsurance News

Mutual Re, a Chicago-based reinsurance underwriting association writing business through reinsurance intermediaries, has announced the addition of Mutual Assurance Society of Virginia will be added to its ownership group. Effective January 1, 2026...

Posted: Oct 29, 2025

Update: Jamaica Catastrophe Bondholders Now Face Full-Trigger Event

Carrier Management

Update: Jamaica Catastrophe Bondholders Now Face Full-Trigger Event Investors in Jamaica's catastrophe bond now face a full trigger event that would force payment of the entire $150 million bond to help the island deal with fallout from Hurricane Mel...

Posted: Oct 29, 2025

Reinsurers Hold Bulk of Jamaica’s Property Exposures From Hurricane Melissa: Reports

Carrier Management

Reinsurers Hold Bulk of Jamaica’s Property Exposures From Hurricane Meli...

Posted: Oct 29, 2025

LA County Moves to Limit License Plate Tracking

Carrier Management

LA County Moves to Limit License Plate Tr...

Posted: Oct 29, 2025

U.S. Appeals Court Revives $2.5B Opioid Lawsuit in West Virginia

Carrier Management

U.S. Appeals Court Revives $2.5B Opioid Lawsuit in West Virginia A U.S. appeals court on T...

Posted: Oct 29, 2025

South Dakota Survival Bunker Renters Sue Owner Over Alleged Deceptive Practices

Insurance Journal

A new class-action lawsuit, if successful, could require the California owner of former military munitions bunkers near Edgemont to pay more than $17 million to people who rent the so-called igloos for use as homes or shelters to protect them …

Posted: Oct 29, 2025

Breaking: Florida Appeals Court Reverses $216M Jury Verdict in Maya Kowalski Case

Insurance Journal

A Florida appeals court today struck down the $216 million verdict against John’s Hopkins All Children’s Hospital in the Maya Kowalski negligence lawsuit, a case that had gained worldwide attention and was the subject of a Netflix documen...

Posted: Oct 29, 2025

Breaking: Florida Appeals Court Reverses $200M Jury Verdict in Maya Kowalski Case

Insurance Journal

A Florida appeals court today struck down the $200 million verdict against John’s Hopkins All Children’s Hospital in the Maya Kowalski negligence lawsuit, a case that had gained worldwide attention and was the subject of a Netflix documen...

Posted: Oct 29, 2025

Fermi Orders Four Big Nuclear Reactors in Texas

Insurance Journal

Fermi Inc. has signed deals to begin production of four big nuclear-power reactors that would be used for a private data center grid campus in the Texas Panhandle. Shares rose as much as 9% after the announcement and a slew …

Posted: Oct 29, 2025

mea platform introduces mea Operations to enhance re/insurance efficiency

Reinsurance News

mea Platform, a company specialising in AI solutions for the insurance industry, has announced the launch of mea Operations, a suite of AI products tailored to improve operational efficiency in re/insurance. Building on its experience helping clie...

Posted: Oct 29, 2025

Lawsuit Leads to Surrender of Texas Physician’s License over Gender-Affirming Care

Insurance Journal

A Dallas pediatrician has surrendered her medical license, a year after becoming the first target of a law that banned providing gender-transitioning hormones to minors. Last October, Texas Attorney General Ken Paxton filed a lawsuit against adolesce...

Posted: Oct 29, 2025

People Moves: Alliant Names Lapinski to Employee Benefits Group

Insurance Journal

Alliant announced the hiring of John Lapinski as Senior Vice President in its employee benefits group. Based in Michigan, Lapinski will serve a diverse client base throughout the Midwest with a focus on plan design, compliance, cost management, and e...

Posted: Oct 29, 2025

RenRe CEO optimistic Jan 1 property cat renewal will be a pricing shift rather than T&Cs

Reinsurance News

Kevin J. O’Donnell, President and Chief Executive Officer of global property and casualty reinsurer, RenaissanceRe (RenRe), said today that he is optimistic the January 1 renewals will be a pricing shift in the property catastrophe space, wi...

Posted: Oct 29, 2025

Florida Jury Awards $20 Million in J&J Talcum Powder Mesothelioma Lawsuit

Insurance Journal

A jury in Fort Lauderdale on Tuesday awarded $20 million to the family of a physician who died in 2022, finding that his mesothelioma was caused by his longtime use of Johnson & Johnson talcum powder. Internal company documents and …

Posted: Oct 29, 2025

Canopius Group adds Michelle Rudd and Vanessa Hall to APAC team

Reinsurance News

Canopius Group, a global specialty and property & casualty re/insurer, has announced the appointments of Michelle Rudd as Chief Operating Officer, APAC, and Vanessa Hall as Casualty Underwriter. Both based in Sydney, these hires reinforce Cano...

Posted: Oct 29, 2025

ARC launches Shariah-compliant climate protection facility to strengthen Africa’s resilience

Reinsurance News

African Risk Capacity Limited, the commercial insurance affiliate of the African Union’s African Risk Capacity Group, has announced the launch of new Shariah-compliant protection solutions designed to strengthen climate resilience and expand acces...

Posted: Oct 29, 2025

Verisk Cuts 2025 Revenue Forecast Below Wall Street Estimates

Insurance Journal

Data analytics firm Verisk Analytics cut its annual revenue forecast below Wall Street estimates on Wednesday, sending shares down 8.7% in premarket trading. A slowdown in severe weather events weighed on demand for Verisk’s catastrophe risk mo...

Posted: Oct 29, 2025

Verisk Misses Quarterly Revenue Estimates, Trims 2025 Revenue Forecast

Insurance Journal

Verisk Analytics cut its annual revenue forecast on Wednesday and reported third-quarter revenue below Wall Street estimates, as mild weather conditions weighed on demand for the data analytics firm’s property claims estimating tool. The compan...

Posted: Oct 29, 2025

Aviva Ventures Backs Indico Data’s Insurance Operations AI

Insurance Journal

Boston-based Indico Data, which offers AI-based automation for insurance operations, has received an investment from Aviva Ventures, the corporate venture capital fund for Aviva, one of the UK’s largest insurers. The amount of the investment wa...

Posted: Oct 29, 2025

Ascot launches new US yacht product

Reinsurance News

Global specialty insurer and reinsurer Ascot has expanded its specialty marine offering with the launch of its new US yacht product, Ascot Admiralty Reserve. This new product has been built to offer comprehensive, bespoke coverage for fully captai...

Posted: Oct 29, 2025

Rebuilding Begins After Drenching Rains Flood Parts of Central, South Florida

Insurance Journal

Intense rains that stalled over Central Florida unleashed nearly 20 inches (508 millimeters) of rain in 24 hours, triggering dangerous flash floods that stranded cars and inundated roadways, leaving some closed to traffic into Monday. Forecasters sai...

Posted: Oct 29, 2025

Vietnam Logs Five Feet of Rain in One Day, Nearing World Record

Insurance Journal

Widespread flooding across central Vietnam killed at least nine people and damaged more than 100,000 homes in the tourist hubs of Hue and Da Nang, as the Southeast Asian nation endures another bout of extreme weather. Rainfall in the city …

Posted: Oct 29, 2025

Kentucky Supreme Court Affirms Jurisdiction in Cross-State Workers’ Comp Case

Risk & Insurance

Ruling establishes hearing injury occurred where employee had at least one year of hazardous exposure, regardless of final work location in another state. The post

Posted: Oct 29, 2025

Administration Backs Off Bid for Atlantic Oil Drilling, But Gulf Still on Table

Insurance Journal

The Trump administration is ruling out selling offshore oil and gas leases along the US East Coast, after its initial plan for auctioning them drew alarm from Republican strongholds in the Southeast. The shift in thinking comes after the White &#8230...

Posted: Oct 29, 2025

US L/A insurers boosted private credit holdings 6% in 2024: AM Best

Reinsurance News

US life and annuity (L/A) insurers expanded their private credit portfolios by 6% in 2024, according to a new report from the credit rating agency AM Best, marking a doubling of such holdings over the past decade. AM Best attributes this growth to...

Posted: Oct 29, 2025

Financial Wellbeing a Growing Priority as Employers Reshape Retirement Benefits

Risk & Insurance

SECURE 2.0 provisions and holistic financial support strategies drive significant changes in workplace benefits landscape: Gallagher. The post

Posted: Oct 29, 2025

US Appeals Court Revives $2.5 Billion Opioid Lawsuit in West Virginia

Insurance Journal

A U.S. appeals court on Tuesday revived a $2.5 billion lawsuit against drug distributors accused of contributing to an opioid addiction crisis in West Virginia communities, overturning a 2022 victory at trial by the largest drug suppliers in the U.S....

Posted: Oct 29, 2025