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Beyond the hype: Promising AI use cases for MGAs

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From faster underwriting to smarter pricing—find out how AI is reshaping MGA operations

Posted: Dec 09, 2025

AM Best assigns ratings to Florida Insurance and Reinsurance Company

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The company plans to begin writing business by the end of 2025 and was capitalized through a cash contribution from its owner.

Posted: Dec 09, 2025

RLI partners with Netradyne

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RLI Transportation is expanding its camera telematics program.

Posted: Dec 09, 2025

SunCar expands EV insurance footprint

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SunCar acts as a data layer and operating system for Tesla.

Posted: Dec 09, 2025

WTW launches Radar Fusion

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Radar is an analytics and model deployment solution.

Posted: Dec 09, 2025

Bennie raises $50 million

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Bennie serves medium to large businesses across the U.S.

Posted: Dec 09, 2025

DUAL partners with CyberCube

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DUAL’s underwriting teams will gain cyber insights to support brokers and clients.

Posted: Dec 09, 2025

Progressive and Best Egg deepen relationship

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Best Egg will be made available through Progressive’s ecosystem. 

Posted: Dec 09, 2025

Police Recover Swallowed Fabergé Pendant 6 Days After it Was Stolen

Carrier Management

Police Recover Swallowed Fabergé Pendant 6 Days After it Was Stolen New Zealand Police said Friday they...

Posted: Dec 09, 2025

Ryan Specialty launches public entity MGU

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Ryan Specialty Public Entity will serve tax-funded public sector risks across the US.

Posted: Dec 09, 2025

Hong Kong Fire Reveals Contractor Safety Breaches, Residents’ Revolt

Carrier Management

Hong Kong Fire Reveals Contractor S...

Posted: Dec 09, 2025

Parametrix raises $27 million

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The company provides parametric insurance for digital business interruption.

Posted: Dec 09, 2025

Water Leaks, Frozen Pipes Top List of Small Business Claims: The Hartford

Carrier Management

Water Leaks, Frozen Pipes Top List of Small Business Claims: The Hartford Damage from water l...

Posted: Dec 09, 2025

Swiss Re sets 2026 target of $4.5 billion in net income

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Swiss Re is on track to cut $300 million in operating expenses by 2027.

Posted: Dec 09, 2025

New York Workers’ Comp Board to Require Video for All Testifying in Virtual Hearings

Insurance Journal

Beginning February 2, 2026, all claimants and lay witnesses testifying in virtual hearings before the New York State Workers’ Compensation Board will be required to appear and testify by video with their faces fully visible on screen, and not j...

Posted: Dec 09, 2025

Strengthen Oklahoma Homes Grant Program Completes 100th Home

Insurance Journal

The Oklahoma Insurance Department (OID) announced the completion of the 100th home through its OKReady, Strengthen Oklahoma Homes (SOH) Program, a significant achievement in the state’s ongoing efforts to build stronger, safer, and more resilie...

Posted: Dec 09, 2025

Jury Finds Agent Guilty of Twice Misappropriating Client’s Insurance Funds

Insurance Journal

A Baltimore County jury has found Michael C. Okolo, of Parkville, Maryland, guilty of two counts of insurance fraud and one count of obstruction of justice. According to Maryland Attorney General Anthony G. Brown Okolo was found to have twice …

Posted: Dec 09, 2025

A&E Reserves Continue Steady Decline, Even As Asbestos Losses Surge for Second Consecutive Year

Risk & Insurance

Despite steady reserve declines over a decade, concentrated asbestos losses among major insurers are pressuring the industry's $146 billion ultimate A&E exposure, AM Best reports. The post

Posted: Dec 09, 2025

Nearly two-thirds of organisations to increase cybersecurity investments in 2026: Marsh

Reinsurance News

Nearly two-thirds (66%) of organisations worldwide plan to increase their cybersecurity investments in the coming year amid today’s evolving threat landscape, according to new research by Marsh, an insurance broker, risk advisor, and business of M...

Posted: Dec 09, 2025

Trump Ban on Wind Energy Projects Ruled Illegal by Federal Judge

Insurance Journal

Less than a year after President Donald Trump banned new wind projects, a federal judge ruled the president’s executive order was illegal. US District Judge Patti Saris said Monday the order is “arbitrary and capricious and contrary to la...

Posted: Dec 09, 2025

November Ivans Index reveals workers’ comp renewal rates decrease, major commercial lines up

Reinsurance News

Ivans, a division of Applied Systems, has released the November 2025 results of the Ivans Index, showing that average premium renewal rates increased year over year for Commercial Auto, Business Owner’s Policy (BOP), General Liability, Comme...

Posted: Dec 09, 2025

People Moves: Chubb Overseas General Insurance Promotes Shead to Head of Property; QBE Taps AIG’s Sm...

Insurance Journal

This edition of International People Moves details appointments at Chubb and QBE. A summary of these new hires follows here. Chubb Promotes Shead to Head of Property, Overseas General Insurance Chubb announced that Aaron Shead has been appointed to e...

Posted: Dec 09, 2025

Chubb, The Hartford, Liberty and Travelers Team Up on Surety Tech Launch

Insurance Journal

Four surety companies—Chubb, The Hartford, Liberty Mutual and Travelers—announced the launch of a technology company that will feature a shared digital infrastructure to advance the surety industry. According to a brief media statement, the formation...

Posted: Dec 09, 2025

Fidelis backed Navium Marine launches satellite pre-launch consortium at Lloyd’s

Reinsurance News

Navium Marine, a marine-focused specialty managing general agent (MGA) operating through The Fidelis Partnership’s Pine Walk platform, has launched Constellation Consortium, the largest satellite pre-launch consortium in the Lloyd’s market. The co...

Posted: Dec 09, 2025

National Council of Insurance Legislators Adopts Louisiana Anti-Fraud Law as New Model

Insurance Journal

A Louisiana anti-fraud law will serve as the new national model for fighting insurance fraud. The National Council of Insurance Legislators (NCOIL) has adopted Louisiana‘s amended insurance fraud law as its new national benchmark, the Louisiana...

Posted: Dec 09, 2025

Zhuang Qianzhi approved as new Chairman of China Re’s Board

Reinsurance News

China Reinsurance (Group) Corporation (China Re) has announced that it received approval from the National Financial Regulatory Administration for the qualification of Zhuang Qianzhi as chairman of the Board of Directors on 8 December 2025. This f...

Posted: Dec 09, 2025

Historic Minnesota Resort Owner Charged with Arson and Insurance Fraud

Insurance Journal

The owner of a historic Minnesota resort has been charged with arson and insurance fraud more than a year after a fire destroyed the property. Bryce Campbell, 41, of Two Harbors, Minn., was taken into custody last Wednesday in Southfield, …

Posted: Dec 09, 2025

WalkerHughes Acquires Illinois’ Benhoff Insurance Agency

Insurance Journal

WalkerHughes Insurance, a privately held, founder-led retail insurance brokerage, announced its expansion into Illinois with the acquisition of Benhoff Insurance Agency, well-established personal lines brokerage based in Breese, Illinois. Benhoff Ins...

Posted: Dec 09, 2025

Aviva Seeks Partner for New City of London Skyscraper Project

Insurance Journal

Aviva Plc has kicked off the search for a partner to help fund a planned new skyscraper in the heart of the City of London’s insurance district, as it aims to tempt investors willing to make a bold bet that …

Posted: Dec 09, 2025

Bankers Readying US IPOs at ‘Overwhelming’ Pace Ahead of 2026

Insurance Journal

Behind the scenes activity in the US IPO market is reaching a fever pitch, according to dealmakers, as companies lured by stock markets near record highs prepare to go public. The industry has been busy lining up underwriting mandates from …

Posted: Dec 09, 2025

Ledger Investing to bring AI and efficiency to reinsurance & ILS market with Korra

Reinsurance News

Ledger Investing has launched Korra, a separate SaaS platform company that aims to bring efficiency, transparency, and intelligence to the casualty reinsurance and insurance-linked securities (ILS) market. Korra connects insurers, MGAs, reinsurers...

Posted: Dec 09, 2025

EU Strikes Deal to Weaken Corporate Sustainability Laws

Insurance Journal

The European Union reached a deal on Tuesday to scale back its corporate sustainability laws, after months of pressure from companies and governments including the United States and Qatar. The changes agreed by EU governments and the European Parliam...

Posted: Dec 09, 2025

Europe Agrees to Drastic ESG Cuts After US Pressure Intensifies

Insurance Journal

The European Union reached a tentative deal to slash ESG requirements, as the bloc faces intensifying pressure from the US to rein in such rules amid ever-present trade tensions. In late-night talks, representatives of member states and the EU parlia...

Posted: Dec 09, 2025

CSMV Underwriting Launches in Florida: Part Brokerage, Part Program Manager

Insurance Journal

After seeing some of the frustration that insurance agents run into, the head of a well-known south Florida agency has launched a hybrid vehicle – part brokerage and part program manager. CSMV Underwriting Managers, based in Tamarac, near Fort Lauder...

Posted: Dec 09, 2025

MNK’s Florida Re gets A- rating from AM Best

Reinsurance News

Credit ratings agency AM Best has assigned Florida Insurance and Reinsurance Company (Florida Re), a subsidiary of global independent re/insurance conglomerate, MNK Group Holdings, a Financial Strength Rating of A- (Excellent) and a Long-Term Issu...

Posted: Dec 09, 2025

Predict & Prevent® Podcast 26: How AI and Cameras Prevent Cold Chain Disasters

Risk & Insurance

Technova Industries is helping to prevent shipping errors that can result millions of dollars in waste, health risks and liability disputes. The post

Posted: Dec 09, 2025

Archdiocese of New York Pledges $300M to Settle Clergy Sex Abuse Claims

Insurance Journal

The Archdiocese of New York announced it is establishing a $300 million fund that it intends to use to pay for a global settlement of most of the 1,300 lawsuits it still faces from victims of clergy sexual abuse. The …

Posted: Dec 09, 2025