All Posts

Magnitude-7.0 Earthquake Hit Remote Area Along Alaska-Canada Border

Insurance Journal

A powerful, magnitude-7.0 earthquake struck in a remote area near the border between Alaska and the Canadian territory of Yukon on Saturday. There was no tsunami warning, and officials said there were no immediate reports of damage or injury. The &#8...

Posted: Dec 08, 2025

QBE taps Velocity Frequent Flyer for new insurance rewards play

coverager

The partnership marks a notable cross-sell effort between a major insurer and a leading airline rewards program.

Posted: Dec 08, 2025

Tesla partners With Oona Insurance

coverager

Customers receive the policy as part of their Model Y purchase, with activation handled directly by Tesla and Oona during the handover process.

Posted: Dec 08, 2025

Ping An opens its first self-operated hospital in Shenzhen

coverager

The hospital will offer a range of rehabilitation services, from acute and critical care to long-term home-based support, with capacity to serve around 100,000 patients a year.

Posted: Dec 08, 2025

Ageas to take full ownership of AG Insurance

coverager

Ageas is acquiring the outstanding 25% stake in its Belgian subsidiary AG Insurance.

Posted: Dec 08, 2025

GAINSCO introduces 12-month auto policies in six states

coverager

The move offers price stability at a time of frequent auto insurance repricing.

Posted: Dec 08, 2025

EPIC acquires Sentry’s direct writing operation

coverager

The deal expands EPIC’s transportation platform and deepens its presence in the trucking sector.

Posted: Dec 08, 2025

Hildene to acquire SILAC for $550 million

coverager

The deal builds on Hildene’s 2022 minority investment in SILAC.

Posted: Dec 08, 2025

Westfield appoints Lloyd Scholz as Enterprise CIO

coverager

Scholz joins from Markel.

Posted: Dec 08, 2025

Advisory firm joins Prudential

coverager

Premier Planning Partners, an Indiana-based all-female firm, joins Prudential Advisors.

Posted: Dec 08, 2025

Allianz partners with Oaktree

coverager

By partnering with Oaktree and leveraging the Lloyd’s platform, Allianz secures multi-year, AA-rated capacity. 

Posted: Dec 08, 2025

Todd Combs leaves GEICO

coverager

FlowStone’s team and strategies will fold into WTW’s global Investments business.

Posted: Dec 08, 2025

The Injured Worker: An Essential, Sometimes Overlooked Partner in Improving Pharmacy Network Utiliza...

Risk & Insurance

In workers’ compensation, pharmacy network utilization has always been an evolving challenge. For a variety of reasons, injured workers in some states are filling their prescriptions via out-of-networ The post

Posted: Dec 08, 2025

‘Dream Is in Sight:’ Chamber, Reinsurers, Insurers Urge Florida to Stay the Course

Carrier Management

‘Dream Is in Sight:’ Chamber, Reinsurers, Insurers Urge Florida to Stay the Course The message from the Florid...

Posted: Dec 08, 2025

Swiss Re Shares Drop After New Profit Target Falls Short of Expectations

Carrier Management

Swiss Re Shares Drop After New Profit Target Falls Short of Expectations Swiss Re shares dropped 7...

Posted: Dec 08, 2025

Wear and Tear: A Breakdown of Degenerative Comorbid Conditions

Risk & Insurance

Degenerative comorbid conditions are present in 19% of claims and can drive up claim costs and disability duration. The post Wear and Tea...

Posted: Dec 08, 2025

Allianz, Oaktree Set Up Reinsurance Syndicate on Lloyd’s Market

Insurance Journal

Allianz SE and Oaktree Capital Management agreed to set up a reinsurance syndicate on the Lloyd’s of London market, the latest example of a private capital firm pushing into the non-life sector. The vehicle, named “Syndicate 1890,”...

Posted: Dec 08, 2025

Should Captives Be Allowed to Insure Homeowners Risks?

Insurance Journal

Most states and U.S. territories permit the establishment of captive insurance companies to insure a variety of commercial risks. However, no state or territory allows them to insure personal auto risks, and before mid-2024, no state or territory all...

Posted: Dec 08, 2025

Use of Automated Track Technology Will Allow Railroads to Reduce Inspections

Carrier Management

Use of Automated Track Technology Will Allow Railroads to Reduce Inspections The nation's freight railr...

Posted: Dec 08, 2025

Global Warming Likely to Push Future Hurricane Seasons to Extremes: Study

Carrier Management

Global Warming Likely to Push Future Hurricane Seasons to Extremes: Stud...

Posted: Dec 08, 2025

Chubb, The Hartford, Liberty and Travelers Team up on Surety Tech Co. Launch

Carrier Management

Chubb, The Hartford, Liberty and Travelers Team up on Su...

Posted: Dec 08, 2025

Trump to Issue Order Creating National AI Rule

Insurance Journal

President Donald Trump said on Monday he would sign an executive order this week that he said would create a single national rule for artificial intelligence, which the industry has said is necessary to override disparate laws passed by U.S. …

Posted: Dec 08, 2025

People Moves: Westfield Appoints Scholz as Enterprise CIO; Mosaic Hires Warty to Lead FinPro Lines f...

Insurance Journal

Westfield Appoints Scholz as Enterprise CIO Westfield, a U.S.-based property and casualty insurance company headquartered in Westfield Center, Ohio, appointed Lloyd Scholz as enterprise chief information officer (CIO). Reporting directly to CEO and B...

Posted: Dec 08, 2025

Missouri Contractor Charged in Alleged Bathroom Remodeling Scam

Insurance Journal

Missouri Attorney General Catherine Hanaway announced that her office has filed felony charges against James G. Bennett, operating as Bath Planet, for allegedly defrauding consumers by accepting payments for bathroom remodeling services he never comp...

Posted: Dec 08, 2025

Delaware Supreme Court Ruling Leaves Firefighter Without Benefits After Claim Commutation

Risk & Insurance

Decision reinforces that original carriers remain liable for injury recurrences, illustrating how prior claim settlements can permanently bar future compensation when old injuries resurface. The post

Posted: Dec 08, 2025

People Moves: BMB Names Martinez to Surety Team

Insurance Journal

Bowen, Miclette & Britt Insurance Agency, LLC has continued the expansion of its Surety team with the addition of John Anthony Martinez, who brings nearly 20 years of experience in contract and commercial surety, bonding strategy, and risk adviso...

Posted: Dec 08, 2025

Berkshire Hathaway overhauls insurance leadership, Nancy Pierce named GEICO CEO

Reinsurance News

Berkshire Hathaway, the Warren Buffett-run holding company and conglomerate, has named Nancy L. Pierce as Chief Executive Officer (CEO) of GEICO, effective immediately. She currently serves as Chief Operating Officer of GEICO and, since joining th...

Posted: Dec 08, 2025

People Moves: Aon Names Norman as Senior Broker in Global ReSpecialty Property Team; AHJ Miller Taps...

Insurance Journal

This edition of International People Moves details appointments at the brokers Aon plc and AHJ Miller. A summary of these new hires follows here. Aon Names Norman as Senior Broker in its Global ReSpecialty Property Team Insurance broker Aon plc &#823...

Posted: Dec 08, 2025

Afore Acquires Virginia’s Resolve Insurance Group

Insurance Journal

Afore Insurance Services said it has acquired Resolve Insurance Group, an independent insurance agency headquartered in Virginia Beach, Virginia that is known for its marine insurance specialty. Resolve will become part of Afore’s Mid-Atlantic...

Posted: Dec 08, 2025

Waymo Issues Recall After Illegal Passing of School Buses in Texas

Insurance Journal

Waymo said Friday it would issue a recall for its self-driving vehicles after Texas officials said the Alphabet GOOGL.Ounit’s vehicles had illegally passed school buses at least 19 times in recorded incidents since the start of the school year....

Posted: Dec 08, 2025

Federal Funding Shortage Delays Progress on ‘Ike Dike’ Project in Texas Gulf Coast

Insurance Journal

The district charged with overseeing the construction of a massive set of gates across the mouth of Galveston Bay — known as the “Ike Dike” — announced last week that it has approved contracts with two global engineering firms to …

Posted: Dec 08, 2025

Summit Commercial Solutions secures $7.5m Series A investment

Reinsurance News

Sorathia Holdings and Greenlight Re Innovations have joined as new investors for a Series A round of investment led by a group of strategic insurance and technology investors, including existing investor IA Capital which has invested $7.5 million...

Posted: Dec 08, 2025

Bobby Le Blanc to retire from Ryan Specialty’s Board as Onex fully exits investment

Reinsurance News

Following Onex Corporation’s sale of its remaining shares of Ryan Specialty Holdings, Inc., an international specialty insurance firm, Bobby Le Blanc will retire from his position on the Board of Directors, effective February 11th, 2026. Le Blanc,...

Posted: Dec 08, 2025

2025 marks fifth year in a row of $100bn+ cat claims, less damaging for reinsurers: J.P. Morgan

Reinsurance News

2025 will mark the fifth consecutive year in which global catastrophe claims have exceeded $100 billion, but this has been less damaging for reinsurers due to a shift in who is responsible for paying claims, with reinsurers remaining in line with...

Posted: Dec 08, 2025