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Global insurance and reinsurance broker BMS Group Ltd has officially launched BMS (DIFC) Ltd after the receipt of all necessary Licence and Regulatory Approval. The specialist re/insurance broker launched its Middle East operation with the acquisi...
Posted: Dec 16, 2025
Global insurer American International Group (AIG) has announced the appointment of Adam Clifford as Chief Executive Officer (CEO), International Commercial Insurance, effective January 5, 2026. Based in London, Clifford will leverage his nearly 30...
Posted: Dec 16, 2025
Venezuela’s state oil company is still struggling to restore key administrative systems after what it called a cyberattack that hit over the weekend. Petroleos de Venezuela SA’s network, which manages export and import data at the country...
Posted: Dec 16, 2025
Specialty insurer Beazley has announced the appointment of Nat Cross to the newly created role of Head of Digital Follow Underwriting, effective 1st February 2026. Since the launch of its dedicated follow syndicate, Smart Tracker 5623, in 2018, Be...
Posted: Dec 16, 2025
As an independent agent, you know the truth: acquiring new clients is often much more expensive than keeping the ones you already have. The old saying, “new business is king,” no longer entirely rings true. Today, retention is the new ...
Posted: Dec 16, 2025
2025 insurance and reinsurance industry losses from natural catastrophes are expected to exceed $100 billion for the sixth consecutive year, but at an estimated $107 billion, the total is 24% lower than the $141 billion seen in 2024, and 3% below...
Posted: Dec 16, 2025
Hamilton Insurance Group, Ltd, a specialty re/insurance company, has appointed Dwayne Hunt as Senior Vice President and Head of Property Insurance at Hamilton Re, its Bermuda-based underwriting platform, effective immediately, replacing Gavin Davi...
Posted: Dec 16, 2025
The non-bank financial sector’s share of global assets grew to 51%, or $256.8 trillion, last year and expanded at double the rate of the traditional banking industry, the Financial Stability Board said on Tuesday. Non-bank financial intermediar...
Posted: Dec 16, 2025
The Bondi Beach attack on December 14th has been declared a terrorism incident for insurance purposes under the Terrorism and Cyclone Insurance Act 2003 (TCI Act), activating the Terrorism Reinsurance Pool (TRP) as the Insurance Council of Austral...
Posted: Dec 16, 2025
Bjak Sdn, Malaysia’s largest online insurance aggregator, is mulling an initial public offering within the next two years as it seeks to enter Europe. Bjak is eyeing new markets in Spain and Germany in 2026 following its recent expansion in ...
Posted: Dec 16, 2025
XS Global, an independently owned managing general underwriting (MGU) platform, has expanded into the Asia Pacific region with the launch of XS Global Asia Pacific Ltd (XSGAP) in Hong Kong, with the office being led by APAC CEO and XS Global Execu...
Posted: Dec 16, 2025
Aon Adds to List of Brokers Suing Howden US for Alleged Poaching,...
Posted: Dec 16, 2025
As McKinsey & Co. partners gathered in the consulting giant’s birthplace in late October, Bob Sternfels delivered a rallying cry. “We will kick some ass as we start our second century,” the firm’s top executive told the th...
Posted: Dec 16, 2025
Posted: Dec 16, 2025
South Korea’s financial authorities have relaxed regulations on discount rates, a move expected to ease solvency pressures for the country’s non-life insurers, according to credit rating agency AM Best. Declining market interest rates, combined wi...
Posted: Dec 16, 2025
The U.S. Food and Drug Administration has sent warning letters to four major retailers for continuing to sell baby formula linked to a nationwide outbreak of bacterial illness in infants, even after the products were recalled, the health regulator...
Posted: Dec 16, 2025
he Alabama Medical Cannabis Commission on Thursday approved licenses for dispensaries, a key step to making medical marijuana available in the state after years of delay. Commission Chairman Rex Vaughn estimated the products will be available in the...
Posted: Dec 16, 2025
Miami-based NSI Insurance Group has acquired another Miami-headquartered brokerage, Mutual Insurance Group, adding another milestone for the company that has doubled in size in recent years. “We are pleased to welcome Mutual Insurance Group to...
Posted: Dec 16, 2025
Trucking coverage specialist Canal Insurance, based in Greenville, South Carolina, has named Matthew Grimm chief underwriting officer, effective this week. Grimm has more than 30 years of experience in the property-casualty insurance business, includ...
Posted: Dec 16, 2025
The president of the Los Angeles Angels baseball team testified in a wrongful death lawsuit that the fatal overdose of pitcher Tyler Skaggs was tough for the club and he wished he had known sooner about drug use by the …
Posted: Dec 16, 2025
Swiss Automation Inc. has agreed to pay $421,234 to resolve alleged False Claims Act violations relating to its failure to provide adequate cybersecurity for certain drawings of parts that the company machined and supplied to Department of Defense (D...
Posted: Dec 16, 2025
Tokio Marine Kiln (TMK), a global specialty insurer, has appointed Harry Gregory as an Underwriter within its Liability team, effective immediately. In the new role, he will report to Oliver Delaney, Departmental Head of Liability, and be responsi...
Posted: Dec 16, 2025
President Donald Trump issued an executive order seeking to limit the influence of proxy advisory firms, part of a push to curtail how third-party firms attempt to sway the direction of public companies. The executive order issued on Thursday directs...
Posted: Dec 16, 2025
World Insurance Associates announced this week that it acquired the business of The Fidella Agency of Lakewood, New Jersey in September. Fidella was founded in 2011 by Joseph Deutsch. The agency specializes in commercial property/real estate insuranc...
Posted: Dec 16, 2025
New York officials have told rideshare companies, driver representatives and others in the for-hire vehicle industry that insurance policy rates will rise by an average 25% over the next three years, according to people with knowledge of the state...
Posted: Dec 16, 2025
Washington Insurance Commissioner Patty Kuderer issued guidance for flood survivors and the insurance companies and adjusters handling their claims following the evacuation of thousands of Western Washington residents from their homes during the atmo...
Posted: Dec 16, 2025
Shock over a shooting rampage at Brown University over the weekend is giving way to frustration over the lack of video footage and suspects. Authorities in Providence, Rhode Island, said Monday they hadn’t identified any new persons of interest...
Posted: Dec 16, 2025
One of Michigan’s most enduring sagas in the Upper Peninsula — the grounding of a Russian cargo jet marooned near Marquette for 16 years — may soon come to an end after years of lawsuits, police investigations and feuding over …
Posted: Dec 16, 2025
Last week, the Oklahoma Insurance Department (OID) announced a comprehensive package of 2026 legislative policy proposals that it said are designed to provide Oklahomans with stronger consumer protections, enhanced transparency and meaningful relief...
Posted: Dec 16, 2025
YA Group announced the acquisition of the business of J.M. Reagan Consulting (JMR), a multidisciplinary consulting business specializing in property damage consulting and construction claims. The strategic acquisition strengthens YA’s presence...
Posted: Dec 16, 2025
The company says that the new rebrand reflects its "renewed focus and direction."
Posted: Dec 15, 2025
AI tools are transforming how end-insureds shop for coverage. Here’s how to evolve your digital strategies
Posted: Dec 15, 2025
The company has raised ~$7 million in a private equity offering.
Posted: Dec 15, 2025
Borde brings experience from roles at KPMG, Towers Watson and MACIF and most recently Onepoint where he was a Partner.
Posted: Dec 15, 2025
The deal is valued at ~$380 million.
Posted: Dec 15, 2025
Posted: Dec 15, 2025
Posted: Dec 15, 2025
Washington Faces Historic Floods That Have Washed Away Homes, Stranded Families Days of torrential rain in Washington state caused historic floods that have stranded families on rooftops, washed over bridges and ripped at least two homes from their f...
Posted: Dec 15, 2025
Bill Seeks Phase-Out of Chinese Sensors in Self-Driving Cars; Hack Risk Feared A U.S. la...
Posted: Dec 15, 2025
Insurance Covers Settlement Paid by Stocks Instead of Money: Delaware High Court A settl...
Posted: Dec 15, 2025
Jury Orders Johnson & Johnson to Pay $40M in Latest Talc Trial A California jury on Fr...
Posted: Dec 15, 2025