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Marsh McLennan names Renee McGowan as Chief Commercial Officer, International

Reinsurance News

Global insurance and reinsurance broker Marsh McLennan has announced the appointment of Renee McGowan as Chief Commercial Officer, International, effective October 1, 2025. McGowan will also continue to serve as CEO of Marsh McLennan India, Middle...

Posted: Sep 18, 2025

Lyft, Waymo to Offer Driverless Rides in Nashville in 2026

Insurance Journal

Lyft Inc. is partnering with Waymo for the first time to offer robotaxi service in Nashville starting next year, a deal that helps it better compete with rival Uber Technologies Inc. Alphabet Inc.-owned Waymo, which has been conducting testing in &#8...

Posted: Sep 18, 2025

Re/insurer profits at risk from climate-driven health impacts without adaptation: WEF

Reinsurance News

According to a new report from the World Economic Forum, developed in collaboration with Boston Consulting Group (BCG), without adaptive action, climate-driven health impacts could erode insurer profitability and push coverage costs higher for con...

Posted: Sep 18, 2025

People Moves: Wolf Joins Alliant in New England, Stein Joins in Maryland

Insurance Journal

Benefits consultant Rob Wolf has joined Alliant Insurance Services as vice president within its employee benefits group. Based in New Hampshire, Wolf has more than 25 years of experience spaning strategy, planning, underwriting, cost containment, and...

Posted: Sep 18, 2025

NICB: Vehicle Thefts in First Half 2025 Down 23% From Last Year

Insurance Journal

U.S. vehicle thefts fell 23% in the first six months of 2025 from the first half of last year, a report out Wednesday from the National Insurance Crime Bureau shows. There were 334,114 vehicle thefts reported in the first half …

Posted: Sep 18, 2025

Apollo Seeks $10 Billion From Insurers With Complex Debt Vehicle

Insurance Journal

Apollo Global Management Inc. is set to use a rare structure to raise $10 billion from insurers, people with knowledge of the matter said, in the latest illustration of the increasing ties between private capital and annuity providers. The New &#8230...

Posted: Sep 18, 2025

Radian to become global multi-line specialty insurer with $1.7bn Inigo acquisition

Reinsurance News

Radian Group Inc., a US-based company primarily known for mortgage insurance, has reached a definitive agreement to acquire Inigo Limited, a Lloyd’s specialty insurer, in a transaction valued at $1.7 billion, mostly in cash, with the acquisition b...

Posted: Sep 18, 2025

Supercede sees steady growth as it streamlines brokers’ workflows and extends focus: Ben Rose

Reinsurance News

Ben Rose, Co-Founder and President of Supercede, highlighted that the company has seen steady growth since its launch, with much of the expansion driven by brokers recognising the platform’s ability to streamline time-consuming, ‘table-stakes’ tas...

Posted: Sep 18, 2025

Challenging outdated perceptions necessary to address re/insurance talent gap: MS Amlin

Reinsurance News

The London reinsurance market faces a looming crisis due to a lack of new talent. A recent survey by MS Amlin revealed that 68% of Britons would not consider an insurance career, while London Market Group figures show as many staff over 50 as unde...

Posted: Sep 18, 2025

Sompo appoints Alessandrea Quane as CEO, International Markets

Reinsurance News

Sompo, a provider of commercial and consumer property and casualty re/insurance, has announced the appointment of Alessandrea Quane as Chief Executive Officer, International Markets. In this role, Quane will report to James Shea, CEO of Sompo P&#3...

Posted: Sep 18, 2025

Beetle That Threatens Australia’s Grains Industry Found in Imported Diapers

Insurance Journal

Australia has detected the larvae of khapra beetles in imported nappies sold in supermarkets nationwide, the agriculture ministry said, raising concerns the pest could infest grain storages and disrupt agricultural exports. The ministry said in a sta...

Posted: Sep 18, 2025

GLP-1 drugs could cut mortality rates in US and UK, Swiss Re says

Reinsurance News

Swiss Re, a reinsurance company based in Zurich, has released new research suggesting that GLP-1 weight-loss medications could substantially reduce mortality rates in the United States and the United Kingdom over the next two decades. According to...

Posted: Sep 18, 2025

BHSI launches Group Personal Accident and Business Travel Insurance in the UK

Reinsurance News

Berkshire Hathaway Specialty Insurance (BHSI) has entered the Accident & Health Market in the UK, expanding the company’s global A&H footprint. BHSI launched Group Personal Accident and Business Travel Insurance, a new product tailored for...

Posted: Sep 18, 2025

RT Specialty’s RT Connector gets brand refresh and upgraded digital solutions

Reinsurance News

RT Specialty, the wholesale brokerage division of Ryan Specialty, an international specialty insurer, has refreshed the brand and enhanced RT Connector, the digital marketplace streamlining specialty insurance marketing and placement for retail ag...

Posted: Sep 18, 2025

Christina Montes De Oca to lead Coface North America region

Reinsurance News

Trade Credit insurer Coface has announced the appointment of Christina Montes De Oca as the new CEO in the North America Region, taking over the role from Oscar Villalonga who is pursuing a career outside the Group. Montes De Oca will also be join...

Posted: Sep 18, 2025

NEXT Insurance gets A+ Superior rating from AM Best

Reinsurance News

NEXT Insurance, a digital insurtech specialising in small businesses, has secured an A+ Superior rating and an AA Superior long-term rating from credit rating agency, AM Best. NEXT’s upgraded rating, according to AM Best, demonstrates its financia...

Posted: Sep 18, 2025

People Moves: Allianz Commercial Names Stewart Head of Liability, N.A.; Alliant Hires Martin to Lead...

Insurance Journal

Allianz Commercial Appoints Stewart as North American Head of Liability Global insurer Allianz Commercial, with U.S. headquarters in New York City, appointed Mary Ann Stewart as regional head of liability, North America, effective September 22. Based...

Posted: Sep 18, 2025

Climate Change Led to At Least 16,500 Heat Deaths in Europe This Summer

Insurance Journal

Climate change fueled scorching summer temperatures that killed an estimated 16,500 people in European cities this summer, pushing overall heat deaths to more than three times what might otherwise have occurred, according to a new study. The analysis...

Posted: Sep 18, 2025

Bamboo Insurance and Accredited Partner to Expand Homeowners Coverage in California

Insurance Journal

Bamboo Insurance entered into a partnership with Accredited the companies say will provide availability and coverage options to homeowners across California. Bamboo’s E&S Signature product combines Bamboo’s tech-enabled underwriting p...

Posted: Sep 18, 2025

Storage Facility Employee Dies in Golf Cart Rollover

Insurance Journal

Police and rescue personnel in Marlborough, New Hampshire were dispatched earlier this month to the local Extra Space storage facility for a reported golf cart rollover and entrapment. The crews found the single occupant of the golf cart still pinned...

Posted: Sep 18, 2025

New York Executives Blast State Over Regulatory ‘Black Hole’

Insurance Journal

At a recent roundtable with New York executives, Heather Briccetti Mulligan remembers the frustration of a businessman who compared trying to file a permit for a $200 million construction project with ordering a pizza. The pizza could be tracked by &...

Posted: Sep 18, 2025

New York Financial Firm Invests $37.4 Million in New Jersey MGA Leap

Insurance Journal

Syracuse, New York based financial services firm Community Financial System, Inc. is expanding its commitment to insurance by investing $37.4 million in the insurance business of Leap Holdings, Inc. Leap’s wholly owned subsidiary, Leap Insuranc...

Posted: Sep 18, 2025

People Moves: IMA Appoints Boothroyd Chief People Officer; bolt Names Scott Head of Strategy and Ind...

Insurance Journal

IMA Financial Group Appoints Boothroyd as Chief People Officer IMA Financial Group, Inc. named Greg Boothroyd chief people officer. He leads IMA’s people strategy, focusing on programs and practices that invest in talent, preserve the firm&#821...

Posted: Sep 18, 2025

Lockton names Rapciewicz as US Casualty Leader & Cullen as Head, Excess Casualty & Operations

Reinsurance News

Lockton, a global independent insurance brokerage, has appointed Peter Rapciewicz as US Casualty Leader, and Jessica Cullen as Head of Excess Casualty and Operations, based in New York City. In his new role, Rapciewicz will oversee the strategic d...

Posted: Sep 18, 2025

Update: SEC Hands Victory to IPO Issuers Who Want to Avoid Class-Action Lawsuits

Insurance Journal

The U.S. securities regulator on Wednesday said it would allow companies seeking to go public to require that investors resolve claims of fraud or other false statements through arbitration rather than court litigation, handing a victory to companies...

Posted: Sep 17, 2025

Travelers, Nationwide Leap in J.D. Power Rent Insurance Ranks

Carrier Management

Travelers, Nationwide Leap in J.D. Power Rent Insurance Ra...

Posted: Sep 17, 2025

Qover and Helvetia expand partnership

coverager

The companies began working together in 2023.

Posted: Sep 17, 2025

Bamboo and Accredited expand homeowners coverage in California

coverager

The partnership enhances availability and coverage options for homeowners across California.

Posted: Sep 17, 2025

Nestimate raises $3 million

coverager

PruVen Capital participated in the round.

Posted: Sep 17, 2025

Rapid Risk Assessment Software Platform alitheia Granted U.S. Patents for Technology Enabling Life U...

coverager

New York, NY (September 17, 2025) – Munich Re Life US has received United States Patents 12,321,683 and 12,067,3431 for the innovative technology behind alitheia, a rapid-risk assessment and decisioning...

Posted: Sep 17, 2025

InsureMO Becomes Official ServiceNow Partner, Ushering in the Agentic AI Era for Insurance

coverager

Singapore, September 04, 2025 InsureMO, the world’s leading Insurance Middleware Platform, today announced it has become an official ServiceNow Partner, creating new opportunities for insurers, brokers, and MGAs to accelerate...

Posted: Sep 17, 2025

Liberty Mutual launches global infrastructure solutions practice

coverager

The Infrastructure Solutions practice will encompass construction through physical, digital and energy projects.

Posted: Sep 17, 2025

Zurich launches Zurich Plus with Onsi

coverager

Onsi is a Zurich portfolio company.

Posted: Sep 17, 2025

Westchester appoints Tim Antonov to lead property & inland marine

coverager

Tim joined Westchester in 2012.

Posted: Sep 17, 2025

Vienna Life launches vLife Portal

coverager

vLife Portal consolidates all sales tools of the merged companies into a single login.

Posted: Sep 17, 2025

Progressive reports 83.1% CR for August

coverager

A single-contract household policy.

Posted: Sep 17, 2025

Rapciewicz Named U.S. Casualty Leader at Lockton; Cullen Appointed as Head of Excess Casualty and Op...

Risk & Insurance

The latest people news in the industry today. The post Rapciewicz Named U.S. Casualty Leader...

Posted: Sep 17, 2025

Liam Caffrey Named Chief Executive Officer at White Mountains Insurance Group Ltd.

Risk & Insurance

The latest people news in the industry today. The post Liam Caffrey Named Chief Executive Officer at White Mountains I...

Posted: Sep 17, 2025

 YOUR CGL INSURER CAN WALK AWAY FROM YOU

Rough Notes

A federal court lets a CGL insurer settle a case on its own terms  In North Carolina, an insured under a CGL policy recently learned the hard way how a high deductible combined with the insurer’s discretion regarding settlements can severely reduce c...

Posted: Sep 17, 2025

Jefferson Parish’s Improved Flood Rating to Bring Cost Savings for Residents

Insurance Journal

Residents of Jefferson Parish, Louisiana could soon see a reduction in flood insurance premiums, after the parish improved its class rating for the National Flood Insurance Program (NFIP). Jefferson Parish’s Community Rating System (CRS) will i...

Posted: Sep 17, 2025