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Aon Promotes Fraccalvieri as CEO of Global Facultative Re, Succeeding Laing; Arch Insurance Int’l Pr...

Insurance Journal

This edition of International People Moves details appointments at Aon plc and Arch Insurance International. A summary of these new hires follows here. Aon Promotes Fraccalvieri as CEO of Global Facultative Re, Succeeding Laing Insurance broker Aon p...

Posted: Feb 20, 2026

Palantir Decamps to Miami Co-Working Space in Surprise Move

Insurance Journal

Palantir Technologies Inc.’s surprise announcement that it’s moving from Denver to Miami is even more surprising because, at least initially, it’s going to be anchored at a co-working space. A regulatory filing lists the company&#82...

Posted: Feb 20, 2026

Michigan AG Secures Judgment Against Construction Company

Insurance Journal

Michigan Attorney General Dana Nessel announced her office has secured a consent judgment against a Michigan construction company for accepting deposits for construction projects that were never finished and then failing to return the funds. Nessel f...

Posted: Feb 20, 2026

Erie Insurance CEO NeCastro to Retire at Year End

Insurance Journal

Erie Insurance said Tim NeCastro, president and chief executive officer, will retire on Dec. 31 after 10 years leading the company. NeCastro, who was named CEO in 2016, led the company’s growth to nearly $13 billion in premium and more …

Posted: Feb 20, 2026

Westfield Specialty appoints Will Chen as US CFO

Reinsurance News

Will Chen, a 30-plus year veteran of specialty insurance, has joined Westfield Specialty US as Chief Financial Officer (CFO), reporting to Westfield Specialty President Jack Kuhn. In his new role, Chen will be responsible for the US financial stra...

Posted: Feb 20, 2026

OSHA Fines Alabama Utility Contractor $257,700 After Deaths of 3 Workers

Insurance Journal

The U.S. Occupational Safety and Health Administration this week fined an Alabama utility contractor $257,700, six months after three workers died from sewage gas while installing sewer lines. Construction Labor Services, based in Eight Mile, near Mo...

Posted: Feb 20, 2026

Michael Lewis Promoted to President of Marsh Risk Canada

Risk & Insurance

The latest people news in the industry today. The post Michael Lewis Promoted to President of Marsh Risk Canada appeared first on

Posted: Feb 20, 2026

Matthew Moore Named President of Global Risk Solutions at Liberty Mutual Insurance

Risk & Insurance

The latest people news in the industry today. The post Matthew Moore Named President of Global Risk Solutions at Libe...

Posted: Feb 20, 2026

Robin Udhwan Named Head of Canada Programs at Munich Re Specialty – North America

Risk & Insurance

The latest people news in the industry today. The post Robin Udhwan Named Head of Canada Programs at Munich Re Specialty...

Posted: Feb 20, 2026

Jimmy Curcio Appointed Executive Vice President at Arrowhead Specialty

Risk & Insurance

The latest people news in the industry today. The post Jimmy Curcio Appointed Executive Vice President at Arrowhead Specialty...

Posted: Feb 20, 2026

Generali GC&C adds Zurich’s Mario Glanz as Head of Casualty

Reinsurance News

Italian insurance giant Generali’s Global Corporate & Commercial (GC&C) business unit has appointed Mario Glanz as its new Head of Casualty. In his new role, Glanz will focus on further expanding GC&C’s casualty business worldwide unde...

Posted: Feb 20, 2026

TotalEnergies Asked to End Oil and Gas Exploration in Paris Lawsuit

Insurance Journal

TotalEnergies SE is fighting a lawsuit in Paris that seeks to block one of Europe’s top oil and gas producers from starting new fossil fuel exploration and extraction projects. A group of non-governmental organizations and the Paris town hall a...

Posted: Feb 20, 2026

US Supreme Court Rejects Trump’s Global Tariffs

Insurance Journal

The U.S. Supreme Court struck down on Friday President Donald Trump’s sweeping tariffs that he pursued under a law meant for use in national emergencies, rejecting one of his most contentious assertions of his authority in a ruling with major &...

Posted: Feb 20, 2026

Former Broker, Co-Defendant Sentenced to 20 Years in Fraudulent ACA Sign-Ups

Insurance Journal

The leaders of a $180 million scheme to sell Affordable Care Act insurance plans to homeless people and others who did not qualify were sentenced to 20 years in federal prison and full restitution. Cory Loyd, 47, who was a …

Posted: Feb 20, 2026

Ategrity’s underwriting income rises 160.3% as CoR improves to 84.9% in Q4’25

Reinsurance News

Ategrity Specialty Insurance Company Holdings reported strong underwriting results for the fourth quarter of 2025, with underwriting income rising 160.3% to $15.5 million from $5.9 million in the same period a year earlier, alongside an improved c...

Posted: Feb 20, 2026

The Future of Auto Claims – Part 2: Operationalizing Claims for the Autonomous Era

Insurance Thought Leadership

The Future of Auto Claims – Part 2: Operationalizing Claims for the Autonomous Era From Our Partners sra...

Posted: Feb 20, 2026

Soft Market Emerges as Commercial Insurance Premiums Flatten in Q4 2025

Risk & Insurance

Capacity, competition and favorable loss ratios signal major shift across most lines of business, according to CIAB Q4 2025 Market Index. The post

Posted: Feb 20, 2026

Gallagher strengthens Romero Group with key appointments

Reinsurance News

Gallagher, a global insurance broking and risk management company, has announced two key leadership appointments in Romero Group, which includes the Club Insure, NDML and Sentient brands. Jonathan Webb will be joining the Romero Group as Regional...

Posted: Feb 20, 2026

The Future of Auto Claims – Part 1: Liability, Data, and the Changing Role of Insurers

Insurance Thought Leadership

The Future of Auto Claims – Part 1: Liability, Data, and the Changing Role of Insurers From Our Partners

Posted: Feb 20, 2026

Ski Trip Hit by Avalanche Was Led by Outfit Offering Mountain Adventures Globally

Insurance Journal

The group of 15 backcountry skiers headed out on a three-day trek organized by Blackbird Mountain Guides into pristine wilderness near Frog Lake in California’s Sierra Nevada as a powerful winter storm moved into the state. The skiers made thei...

Posted: Feb 20, 2026

Hedge Fund Fermat Says Surge in Cat-Bond Sales Is ‘Breathtaking’

Insurance Journal

The co-founder of Fermat Capital Management says the market for catastrophe bonds is drawing in new issuers at a rate that’s unlike anything he’s seen before. John Seo, managing director and co-founder of Connecticut-based Fermat — a hedg...

Posted: Feb 20, 2026

New York Governor Hochul Pulls Robotaxi Expansion Proposal

Insurance Journal

New York Governor Kathy Hochul has pulled her proposal to allow commercial robotaxi services in smaller cities outside New York, a spokesperson for the governor said on Thursday. “Based on conversations with stakeholders, including in the legis...

Posted: Feb 20, 2026

QBE FY25 net profit reaches $2.157bn with improved 91.9% CoR

Reinsurance News

International insurer and reinsurer QBE has announced its financial results for the full year 2025, reporting a net profit after tax of $2,157 million and an improved combined operating ratio of 91.9%. FY 2025 net profit after tax increased from $...

Posted: Feb 20, 2026

Two-Thirds of Independent Agencies Plan to Increase AI Use This Year, Survey Says

Insurance Journal

More than two-thirds of independent agencies plan to increase use of artificial intelligence in the next 12 month though just 8% said AI is currently embedded in their daily workflows, according to a new report from The Big “I” Agents &#8...

Posted: Feb 20, 2026

Asset-intensive reinsurance expands globally with competition intensifying: PwC

Reinsurance News

Asset-intensive reinsurance (AIR) is expanding globally, with activity still concentrated in the US, while transactions gain momentum in the Asia-Pacific, the UK, and Europe, according to PwC. AIR refers to reinsurance transactions of insurance pr...

Posted: Feb 20, 2026

Convex delivers strong underwriting performance in 2025 as GWP nears $6bn

Reinsurance News

Specialty insurer and reinsurer Convex achieved a 14% year-on-year rise in gross written premiums (GWP) to $5.9 billion in 2025, resulting in a three year compound annual growth rate of 25%, with expansion in most business lines despite the impact...

Posted: Feb 20, 2026

Climate Change Made Deadly Valencia Floods More Intense

Insurance Journal

Man-made climate change intensified the rain that fell over Spain’s Valencia region in 2024, when flash floods and landslides caused at least 230 deaths and an estimated €29 billion in damages ($34 billion). Global warming also meant that sudde...

Posted: Feb 20, 2026

American Coastal’s net income rises 437% in Q4’25

Reinsurance News

American Coastal Insurance Corporation (ACIC), a property and casualty insurance holding company, reported a net income of $26.6 million for the fourth quarter of 2025, representing a 437% increase from $4.9 million in the same period a year earli...

Posted: Feb 20, 2026

Marsh Risk new excess facility to support US digital infrastructure growth

Reinsurance News

Marsh Risk, a business of broker and risk advisor Marsh, has launched Nimbus Casualty, a dedicated insurance facility designed to provide excess general liability protection for digital infrastructure projects across the US during the construction...

Posted: Feb 20, 2026

Marsh Risk launches new excess facility to support US digital infrastructure growth

Reinsurance News

Marsh Risk, a business of broker and risk advisor Marsh, has launched Nimbus Casualty, a dedicated insurance facility designed to provide excess general liability protection for digital infrastructure projects across the US during the construction...

Posted: Feb 20, 2026

How the UK Is Keeping Flood Insurance Affordable – Until 2039

Insurance Journal

While floods are becoming more frequent in recent years, you should still be able to buy reasonably priced home insurance. That reassurance exists largely because of Flood Re. Launched in 2016, Flood Re is a national public–private reinsurance scheme...

Posted: Feb 20, 2026

Record underwriting profit in 2025 drives best ever year for Fairfax Financial

Reinsurance News

Fairfax Financial has revealed that all of its major insurance and reinsurance segments achieved combined ratios below 100% in 2025 for a consolidated combined ratio of 93% and record underwriting profit of $1.8 billion. Prem Watsa, Chairman and C...

Posted: Feb 20, 2026

India Grants One-Month Extension to 4 Russian Marine Insurers

Insurance Journal

India temporarily extended permission for four Russian insurers to cover tankers calling at its ports, as the government seeks to sustain crude imports while also managing US pressure to end shipments from Moscow. The stopgap move lasts for one month...

Posted: Feb 20, 2026

J.B. Boda & Co. appoints Rajesh Sinha as CEO & MD – APAC

Reinsurance News

J.B. Boda & Co., the overseas company of international re/insurance broker J.B. Boda Group, has announced the appointment of Rajesh Sinha as Chief Executive Officer & Managing Director – APAC. A globally recognised insurance and reinsuranc...

Posted: Feb 20, 2026

PERILS places first industry loss from Windstorm Goretti at €467m

Reinsurance News

PERILS, the Zurich-based catastrophe insurance data provider, has provided its first insurance industry loss estimate for extratropical windstorm Goretti, which affected southwestern England, northern France, and Belgium from 8 to 9 January 2026 a...

Posted: Feb 20, 2026

When Cyber Risk Becomes a Critical Risk in Health Care

Risk & Insurance

Rising ransomware attacks, third-party vulnerabilities and insurance exposure are transforming health care cyber security into an enterprise-wide resilience challenge. The post

Posted: Feb 20, 2026