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Mississippi Lawmakers Revive Wind-Mitigation Program with $15,000 Grants

Insurance Journal

Mississippi will soon become the latest state to provide wind-mitigation grants for homeowners if the governor signs bills approved by lawmakers this week. Senate Bill 2049 revives a 20-year-old retrofit plan and creates the Strengthen Mississippi Ho...

Posted: Apr 02, 2026

Aon’s Reinsurance Solutions names Jukgrid Treesuttamas as Senior Advisor, Thailand

Reinsurance News

Aon’s Reinsurance Solutions, the reinsurance division of global broker Aon, has appointed Jukgrid Treesuttamas as Senior Advisor, Thailand, effective 1st April 2026. Based in Bangkok, Treesuttamas will focus on strengthening the company’s capabili...

Posted: Apr 02, 2026

Markel Insurance appoints James Shankland as Head of Ocean Cargo, US

Reinsurance News

Markel, the insurance operations within Markel Group Inc., has announced the appointment of James Shankland as Head of Ocean Cargo, U.S. In his new role, Shankland will lead the growth of Markel’s U.S. cargo portfolio, overseeing underwritin...

Posted: Apr 02, 2026

Liberty Mutual unveils new leadership structure to align global risk and capital capabilities

Reinsurance News

Tim Sweeney, President and Chief Executive Officer of Liberty Mutual Insurance, has announced a new leadership structure across the company’s Global Risk Solutions (GRS) and Liberty Mutual Investments (LMI) businesses, bringing them into closer st...

Posted: Apr 02, 2026

NAIC Issues Nationwide Data Call to Homeowners Insurers

Carrier Management

NAIC Issues Nationwide Data Call to Homeowners Insurers The National Asso...

Posted: Apr 02, 2026

Georgia Boards Owe $3M to Military Spouses With Out-of-State Licenses

Insurance Journal

The state of Georgia must pay some 5,000 military service members and their spouses a total of $3 million to settle charges that state boards failed to recognize out-of-state professional licenses. The U.S. Department of Justice announced this week t...

Posted: Apr 02, 2026

US Exempts Gulf of Mexico Drillers From Endangered Species Rules

Insurance Journal

A committee of senior officials in President Donald Trump’s administration voted on Tuesday to exempt the Gulf of Mexico oil and gas industry from a federal law meant to protect endangered species including whales, birds and sea turtles. The de...

Posted: Apr 02, 2026

AXA UK & Ireland appoints Caroline Riddy as General Counsel

Reinsurance News

AXA UK & Ireland has announced the appointment of Caroline Riddy as General Counsel, effective 7th April 2026. Riddy succeeds Emily Coupland, who left the company in December after 24 years working across AXA’s various UK entities. Riddy bring...

Posted: Apr 02, 2026

Kroger Houston Division Faces Lawsuit for Disability Discrimination

Insurance Journal

Kroger Texas L.P. – Houston Division, operator of Kroger grocery store #300 in Houston’s Clear Lake/NASA area, violated federal employment law when it failed to accommodate and then fired an employee because of her disability, the U.S. Equal Em...

Posted: Apr 02, 2026

Texas Woman Loses Wrongful Arrest Lawsuit in Controversial Abortion Case

Insurance Journal

A Trump-appointed federal judge in South Texas this week dismissed a lawsuit filed by a woman in the Rio Grande Valley who alleged that her rights were violated after prosecutors charged her with murder in a controversial case that made …

Posted: Apr 02, 2026

B.P. Marsh buys additional 2% equity stake in Pantheon

Reinsurance News

B.P. Marsh, the specialist venture capital investor in early-stage financial services businesses, has acquired an additional 2% equity stake in Pantheon, a full-service London market wholesale insurance broker, based on an equity valuation of £275...

Posted: Apr 02, 2026

Tugboat Captain Charged in Crash That Killed 3 Girls from Miami Sailing Camp

Insurance Journal

A tugboat captain has been charged in a deadly Miami collision in July that killed three girls from a sailing camp, federal prosecutors said Tuesday. Yusiel Lopez Insua, 46, of Miami, faces a charge of seaman’s manslaughter in the crash, &#8230...

Posted: Apr 02, 2026

Fleet Lender Pays $1.64M to California to Settle False Claims Allegations

Insurance Journal

A commercial fleet lender is paying $1.64 million to settle allegations it made false claims to take advantage of a loan loss insurance program. California Attorney General Rob Bonta settled with Crossroads Equipment Lease and Finance over alleged fa...

Posted: Apr 02, 2026

New York Restaurateur Charged In No-Fault Auto Insurance Fraud Scheme

Insurance Journal

Federal law enforcement officials report they arrested Zhan Petrosyants, charging him with operating an extensive no-fault automobile insurance fraud scheme that involved submitting tens of millions of dollars in fraudulent medical claims and launder...

Posted: Apr 02, 2026

Jury Can’t Reach Verdict in Corruption Trial of Fired FirstEnergy Execs

Insurance Journal

Jurors failed to reach a verdict on Tuesday in the corruption trial of two fired FirstEnergy Corp. executives charged with alleged roles in a $60 million scheme to bribe politicians for a $1 billion nuclear bailout and other favors. The …

Posted: Apr 02, 2026

Warmer Winters Causing Costly Water Pollution Crisis

Insurance Journal

When pollution gets bad enough in the rivers supplying Iowa’s largest city with drinking water, it costs Des Moines around $16,000 a day to run a special system to filter out dangerous nitrates. It’s a fact of life in the …

Posted: Apr 02, 2026

AM Best revises outlooks to positive for Canopius US and Canopius Re

Reinsurance News

AM Best has revised the outlooks to positive from stable for Canopius US Insurance, Inc. and Bermuda-based Canopius Reinsurance Limited. At the same time, the rating agency also affirmed the Financial Strength Rating of A- (Excellent) and the Long...

Posted: Apr 02, 2026

ARPC CUO Mike Pennell to retire after long-standing service

Reinsurance News

The Australian Reinsurance Pool Corporation (ARPC), a government-backed organisation that manages national reinsurance schemes designed to support the availability and affordability of insurance in Australia, has announced that its Chief Underwrit...

Posted: Apr 02, 2026

Hail a Growing Loss Driver on Rising Tide of Severe Convective Storms, Allianz Says

Insurance Journal

Hailstorms drove record insured damages as severe convective storms become more common and damaging, popping up in new places, a new report shows.

Posted: Apr 02, 2026

Santam Syndicate 1918 appoints Nigel Tatlock as Head of Property

Reinsurance News

Africa’s largest non-life insurer, Santam Group, has appointed Nigel Tatlock as Head of Property at its recently established subsidiary, Santam Syndicate 1918. This appointment aligns with the syndicate’s long-term growth plans as it continu...

Posted: Apr 02, 2026

CatIQ lowers final Ontario & Quebec ice storm loss estimate to CAD 466m

Reinsurance News

CatIQ, a Toronto-based independent catastrophe insurance data provider and subsidiary of PERILS, has released its fifth and final industry loss estimate for the ice storm that affected Ontario and Quebec between 28th and 31st March 2025, decreasin...

Posted: Apr 02, 2026

Macro trends drive market softening in Asia & India at April 1 renewals: Guy Carpenter

Reinsurance News

Guy Carpenter, the reinsurance broking arm of Marsh, reports that both Asia and India witnessed continued softening at the April 1, 2026, reinsurance renewals, as the ongoing conflict in the Middle East threatens to drive significant losses for va...

Posted: Apr 02, 2026

Banyan Risk secures Coverholder Status at Lloyd’s

Reinsurance News

Banyan Risk Services Ltd., a subsidiary of Bermuda-based specialty insurance managing general agent (MGA) Banyan Risk Ltd., has secured Coverholder Status at Lloyd’s. Through this partnership, the company gains unparalleled access to the ext...

Posted: Apr 02, 2026

Canada Life secures £40m bulk annuity deal for financial sector pension scheme

Reinsurance News

Canada Life, an insurance and financial services company, has completed a £40 million full-scheme buy-in transaction with a financial services sector pension scheme. According to the announcement, this deal secures the future benefits for more tha...

Posted: Apr 02, 2026

Stolen Renoir, Cézanne and Matisse Were Probably Uninsured, Market Sources Say

Insurance Journal

Three paintings by French masters Pierre-Auguste Renoir, Paul Cézanne and Henri Matisse stolen from a museum in northern Italy last week were probably not insured, according to market sources. One fine art underwriter told the Reuters publication The...

Posted: Apr 02, 2026

Accelerant names Linda S. Huber as CFO

Reinsurance News

Accelerant, a data-led risk exchange platform connecting specialty insurers with capital partners through the Accelerant Risk Exchange, has appointed Linda S. Huber as Chief Financial Officer, following a previously announced leadership transition...

Posted: Apr 02, 2026

Acrisure UK Broking expands footprint with four new acquisitions

Reinsurance News

Acrisure UK Broking has expanded its footprint with the acquisition of four businesses: London-based managing general agent Confidas, alongside established brokers Heathwoods Insurance & Financial Services, Marrs Insurance Brokers and Smith Gr...

Posted: Apr 02, 2026

UK Motor Finance Scandal to Cost Lenders $12 Billion

Insurance Journal

The motor finance industry must pay around 9.1 billion pounds ($12 billion) to compensate UK motorists for unfair vehicle loans under the market regulator’s trimmed, final bill for one of Britain’s costliest financial mis-selling scandals...

Posted: Apr 02, 2026

Level-Up Your Management Skills with the Self-Paced CIC Agency Management Course

Insurance Journal

The Risk & Insurance Education Alliance is excited to announce the release of its popular Certified Insurance Counselor (CIC) Agency Management course in a self-paced format. Complete this course on your time and at a pace that fits your busy &#8...

Posted: Apr 02, 2026

Momentum to moderate for leading European insurers amid economic uncertainty: Moody’s

Reinsurance News

Despite strong 2025 results from Europe’s four largest primary insurers, Allianz, AXA, Generali and Zurich, Moody’s Ratings has warned that their momentum may slow as key growth drivers fade and geopolitical and economic risks begin to weigh on ea...

Posted: Apr 02, 2026

Secret Codes and Yuan Fees Get Ships Through Iran’s Hormuz Tollbooth

Insurance Journal

In recent days, the operator of an oil tanker stuck in the Persian Gulf received a compelling proposal. After weeks at anchor with missiles and drones passing overhead, it could finally sail safely out through the Strait of Hormuz and …

Posted: Apr 02, 2026

Arrowhead Programs launches new portfolio leadership function and appoints Brandon Schall

Reinsurance News

Arrowhead Programs, part of Arrowhead Intermediaries, has established a dedicated leadership function to oversee portfolio strategy at a broader level. Brandon Schall has been named Chief Portfolio Officer and will take responsibility for shaping...

Posted: Apr 02, 2026

James Kalbassi named The Ardonagh Group’s new representative on Brokerslink Board

Reinsurance News

Global broking business Brokerslink has announced a change to its Board of Directors relating to the representative of shareholder The Ardonagh Group. The Ardonagh Group has named James Kalbassi as its new representative on the Brokerslink Board....

Posted: Apr 02, 2026

Hopes Dim for Swift End to Iran War After Trump Speech, Oil Prices Surge

Insurance Journal

Hopes for a swift end to the Middle East war faded on Thursday after U.S. President Donald Trump vowed more aggressive strikes on Iran, disappointing investors hoping for clearer signals of a way out of the month-long conflict. Stocks slid, …

Posted: Apr 02, 2026

Update: Hopes Dim for Swift End to Iran War After Trump Speech, Oil Prices Surge

Insurance Journal

Hopes for a swift end to the Middle East war faded on Thursday after U.S. President Donald Trump vowed more aggressive strikes on Iran, sending oil prices back well over $100 a barrel in a blow to consumers around the …

Posted: Apr 02, 2026

Oil Prices Surge, Allies Discuss Securing Hormuz, as Trump Vows to Step Up Iran Attacks

Insurance Journal

Hopes for a swift end to the Middle East war faded on Thursday after U.S. President Donald Trump vowed more aggressive strikes on Iran, sending oil prices back well over $100 a barrel in a blow to consumers around the …

Posted: Apr 02, 2026

Price Forbes Singapore appoints Rajiv Ramakrishnan as Head of A&H

Reinsurance News

Price Forbes, a specialist insurance and reinsurance broker, has strengthened its Singapore team with the addition of Rajiv Ramakrishnan as Head of Accident & Health (A&H). He will report directly to Dick Heath, Head of Reinsurance and Who...

Posted: Apr 02, 2026