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Posted: Dec 04, 2025
Posted: Dec 04, 2025
Insurance Business Magazine - US
Posted: Dec 04, 2025
The deadly fire that ripped through seven high-rise towers in Hong Kong is expected to result in a surge in near-term claims among insurers, and hit earnings of the complex’s main underwriter, an affiliate of China Taiping Insurance Holdings 09...
Posted: Dec 04, 2025
Fitch Ratings maintains a ‘neutral’ sector outlook for North American life insurers in 2026 despite a more challenging backdrop, citing that strong balance sheets will help mitigate a potential slowdown in economic growth, heightened macroeconomic...
Posted: Dec 04, 2025
World Economic Forum survey reveals misinformation enters top five risks for first time as social fragmentation worries intensify. The post
Posted: Dec 04, 2025
This edition of International People Moves details appointments at Westfield Specialty International and Liberty Specialty Markets. A summary of these new hires follows here. Westfield Specialty Int’l Taps Zurich’s Watson to Lead New Cybe...
Posted: Dec 04, 2025
The U.S. Federal Emergency Management Agency (FEMA) has now reported the participants on the National Flood Insurance Program’s (NFIP) reinsurance placement for 2025, with a 50% increase in the number of participants when compared with the p...
Posted: Dec 04, 2025
Competitors in the insurance technology market are now warring through litigation, with each company bringing hard-hitting allegations against the other. Late last month, insurance software provider Applied Systems sued Comulate on allegations that C...
Posted: Dec 04, 2025
The owners of an all-girls summer camp in the Texas Hill Country, where 25 campers and two teenage counselors died in catastrophic July 4 flooding, announced plans on Tuesday for new safety upgrades that will be in place when a …
Posted: Dec 04, 2025
Marco Capital Holdings Limited, a European property and casualty (P&C) insurance run-off group, has acquired Stewart Title Europe Limited, which has been in run-off since the start of 2025. Marco Capital provides reinsurance and finality solut...
Posted: Dec 04, 2025
ZestyAI announced that its non-weather water risk model, Z-WATER, has been reviewed and accepted for use in underwriting and rating in Illinois, Indiana, Iowa, Louisiana, and Wisconsin. Insurers in these states will now be able to set property-specif...
Posted: Dec 04, 2025
King Risk Partners announced the acquisition of Arnold Insurance Agency, an independent firm based in Reynoldsburg, Ohio. The Arnold Insurance Agency is recognized throughout Ohio as one of the premier providers of construction insurance, small busin...
Posted: Dec 04, 2025
AM Best has upgraded the credit ratings of Chicago-based insurer CNA Financial Corporation (CNAF) and its property/casualty (P/C) subsidiaries, collectively known as CNA Insurance Companies (CNA), and the members of Western Surety Group (WSG). Fin...
Posted: Dec 04, 2025
Christopher Gray, Divisional Director, Reinsurance at Westfield Specialty International, emphasised that reinsurers will need to be creative to succeed in 2026, offering multi-class expertise, cross-class relationships, and the ability to develop...
Posted: Dec 04, 2025
N-able partnered with Cysurance to offer MSPs a warrantied cyber-protection program.
Posted: Dec 04, 2025
The owner of an iron and erection construction company was sentenced this week for underreporting payroll to avoid paying $600,000 in workers’ compensation policy premiums. According to Nassau County District Attorney Anne T. Donnelly, business...
Posted: Dec 04, 2025
Nevada Gov. Joe Lombardo signed his sweeping crime package into law over the weekend that will help revive a unique court program that barred offenders of some crimes from the Las Vegas Strip and will stiffen penalties for smash-and-grab robberies, &...
Posted: Dec 04, 2025
Aberdeen Group plc, an investment manager overseeing more than £200 billion in assets for pension, insurance, and other institutional clients, has agreed to become the sponsoring employer for the Stagecoach Group Pension Scheme (SGPS). This strate...
Posted: Dec 04, 2025
Trucordia today said it has acquired Global Financial & Insurance Services, a provider of tailored insurance and financial solutions for individual, families, and business in all 50 states. Terms of the deal were not disclosed. Felix Morgan, CEO...
Posted: Dec 04, 2025
Strategic Risk Solutions (SRS), an independent insurance company manager, has announced the appointment of Sandy Bigglestone as Managing Director/Chief Governance, Regulatory & Compliance Officer (CGRCO), effective January 2026. In her new rol...
Posted: Dec 04, 2025
The Lloyd’s Market Association (LMA) anticipates 2026 will be a “year of significant transition” particularly in claims management and the market’s business planning approach amid softening rates and new regulatory expectations. The Associat...
Posted: Dec 04, 2025
Camp Mystic Announces Enhanced Safety Plans After Deaths The owners of an all-girls summer camp in the...
Posted: Dec 04, 2025
AI Companies’ Safety Practices Fail to Meet Global Standards: Study...
Posted: Dec 04, 2025
Posted: Dec 04, 2025
Chocolate, String Top Things Pets Swallow Leading to Costly Vet Bills From chocolate and turke...
Posted: Dec 04, 2025
Florida, East Coast to See Big Insured Losses From More Cat 5 Storms, Resear...
Posted: Dec 04, 2025
State Farm Sued Over Policies Backed by Distressed Insurer PHL State Farm Mutual Automobile...
Posted: Dec 04, 2025
Howden, the global insurance and reinsurance broking group, has announced the appointment of Elizabeth Neumann as Executive Vice President (EVP), Financial Lines Claims Leader. Based in New York, Neumann will form part of the US Financial Lines ma...
Posted: Dec 04, 2025
K2 Rubicon Specialty, a division of K2 International and K2 Insurance Services, has announced the appointment of Vicky Hayward as Head of Hull. With this new hire, K2 Rubicon Specialty strengthens its marine underwriting capabilities, as well as i...
Posted: Dec 04, 2025
The UK is reviving a plan to make it easier for employees to switch jobs, putting financial firms on edge, as some of the most controversial non-compete clauses in their hiring contracts come under scrutiny once again. The government published …...
Posted: Dec 04, 2025
Fitch Ratings expects the recent Wang Fuk Court fire in Hong Kong to result in a surge in near-term claims, but says these should be manageable and unlikely to affect the rating of China Taiping Insurance Group Ltd. (TPG, A-/Stable), whose Hong Ko...
Posted: Dec 04, 2025
Property and casualty insurer Skyward Specialty Insurance Group Inc. has secured the required regulatory and minority shareholders’ approvals for the 100% acquisition of Lloyd’s specialist, Apollo Group Holdings Limited. As announced in Sept...
Posted: Dec 04, 2025
Ryan Specialty Underwriting Managers (RSUM), the underwriting management division of Ryan Specialty, has formally rebranded its North American Professional Liability (NAPL) team to Ryan Financial Lines. This addition aims to significantly strength...
Posted: Dec 04, 2025
Vienna Insurance Group, the multinational insurer operating across Central and Eastern Europe, has set out its aims for the next three years as it introduces its new strategic programme, evolve28. The company has detailed quantitative targets desi...
Posted: Dec 04, 2025