All Posts

1033 Waivers in Insurance – What Are They, and How Do They Work?

coverager

The 1033 waiver provides you a lifeline for getting into—or staying in—the insurance industry after trust or money shenanigans, but it’s a lot easier to just not have to jump through those hoops to begin with.

Posted: Sep 02, 2025

Allianz UK launches ‘ALL’ ad

coverager

Developed with Edelman.

Posted: Sep 02, 2025

Predict & Prevent® Podcast Episode 22: Network Effect: From Protecting Homes to Preventing Grid Faul...

Risk & Insurance

The same Ting sensor protecting your home from electrical fires could also help prevent billion-dollar wildfires that devastate entire communities. The post

Posted: Sep 02, 2025

Frequency Perils Helping to Boost Global Insured Losses to $152B, Verisk Report Says

Insurance Journal

The average estimated annual insured property loss from natural events around the world has risen to $152 billion – up sharply from recent years – and much of that is from severe thunderstorms, winter storms, wildfires and floods, not large …

Posted: Sep 02, 2025

Caffrey to take over as White Mountains CEO in 2026

Reinsurance News

White Mountains Insurance Group, Ltd. has announced the appointment of Liam Caffrey as Chief Executive Officer, effective January 1, 2026, succeeding current CEO Manning Rountree. Caffrey, who currently serves as President and Chief Financial Offi...

Posted: Sep 02, 2025

Musk Comments Misled Jury, Tesla Says in Bid to Have Big Damage Award Thrown Out

Carrier Management

Musk Comments Misled Jury, Tesla Says in Bid to Have Big Damage Award Thrown Out The car company run by E...

Posted: Sep 02, 2025

Insurance Fraud Linked to Identity Theft Likely to Rise Significantly in 2025: NICB

Carrier Management

Insurance Fraud Linked to Identity Theft Likely to Rise Significantly in 2025:...

Posted: Sep 02, 2025

The Customer Revolution in Insurance

Insurance Thought Leadership

The Customer Revolution in Insurance Data Analytics

Posted: Sep 02, 2025

September 2025 ITL FOCUS: Resilience and Sustainability

Insurance Thought Leadership

September 2025 ITL FOCUS: Resilience and Sustainability Resilience & Sustainability sradomsk...

Posted: Sep 02, 2025

Cut Costs & Strengthen Security by Tackling Technical Debt 

Insurance Thought Leadership

Cut Costs & Strengthen Security by Tackling Technical Debt  From Our Partners sradomski

Posted: Sep 02, 2025

Average annual insured losses from nat cats rise to $152bn: Verisk

Reinsurance News

The global modelled insured average annual property loss (AAL) from natural catastrophes has increased to $152 billion, according to the latest annual report from Verisk’s Extreme Event Solutions business. This means that the insurance industry sh...

Posted: Sep 02, 2025

Disputed Ballots Could Swing Union Vote Outcome at EV Battery Plant in Kentucky

Insurance Journal

An election to determine whether workers unionize an electric vehicle battery manufacturing complex in Kentucky was in limbo due to a few dozen disputed ballots that could swing the outcome. The United Auto Workers claimed it secured a narrow victory...

Posted: Sep 02, 2025

Automating the Garbage Can

Insurance Thought Leadership

Automating the Garbage Can AI & Machine Learning

Posted: Sep 02, 2025

Continued reinsurance capital growth hinges on sustained profitability: Gallagher Re

Reinsurance News

Global reinsurance capital has climbed to a record $805 billion and is set to grow a further 8% this year on the back of retained earnings, but despite the rising capacity, pricing momentum remains tied to structural profitability rather than new...

Posted: Sep 02, 2025

Florida’s Once-Pristine Springs Threatened by Pollution, Development, Climate

Insurance Journal

Seen from the air, a Florida freshwater spring is a bit of liquid heaven, luring humans and wildlife to enjoy its aquamarine cool. With at least 1,000 of them — more than any other state — the springs serve as …

Posted: Sep 02, 2025

20 Years Later, Hurricane Katrina’s Impact Echoes in Models, Mitigation and Reforms

Carrier Management

20 Years Later, Hurricane Katrina’s Impact Echoes in Models, Mitigation and Reforms Twenty years after...

Posted: Sep 02, 2025

Katrina 2005-2025: Property Policy Evolution

Carrier Management

Katrina 2005-2025: Property Policy Evolution Hurricane Katrina made landfall on August 29, 2005, with...

Posted: Sep 02, 2025

Fitch revises global reinsurance sector outlook to deteriorating

Reinsurance News

Fitch Ratings has revised its global reinsurance sector outlook to ‘deteriorating’ from ‘neutral,’ anticipating moderately weaker, but still sound, operational and business conditions in 2026. The ratings agency expects abundant capacity and risin...

Posted: Sep 02, 2025

What to Know About Massive Dust Storms Called Haboobs in Southwest

Insurance Journal

Massive walls of dust and debris called haboobs that roll through the U.S. Southwest can be awe-inspiring and terrifying, especially for motorists caught in their path. Thunderstorms spawn the phenomenon and can create a wall of dust thousands of fee...

Posted: Sep 02, 2025

EU Chief’s Plane Affected by Alleged Russian GPS Jamming

Insurance Journal

A plane carrying European Commission President Ursula von der Leyen was disrupted by what authorities suspect was Russian signals interference in Bulgaria. Authorities in Bulgaria have determined that the GPS jamming incident, which affected the plan...

Posted: Sep 02, 2025

AvonRisk Acquires Texas’ AS&G Claims Administration and Care Logic

Insurance Journal

AvonRisk, a national provider of risk management, claims administration, and managed care services, announced today that it has acquired AS&G Claims Administration, Inc., and Care Logic, Inc., a Houston, Texas-based third-party administrator spec...

Posted: Sep 02, 2025

CyberCube launches Exposure Manager to transform cyber portfolio assessment

Reinsurance News

CyberCube, a provider of cyber risk analytics, has launched Exposure Manager (XM), a first-of-its-kind tool that enables re/insurers to efficiently evaluate cyber risk across entire portfolios with powerful, quantified data. CyberCube said the lau...

Posted: Sep 02, 2025

Nestle Plunged Into Turmoil as CEO Fired Over Undisclosed Relationship

Insurance Journal

Nestle has fired its CEO Laurent Freixe after just one year in the job after an investigation into an undisclosed “romantic relationship,” ousting its second CEO in a year and throwing the Swiss food giant into its deepest leadership chao...

Posted: Sep 02, 2025

People Moves: Caffrey to Become CEO of White Mountains in 2026

Insurance Journal

White Mountains Insurance Group said today that its Board of Directors unanimously promoted Liam Caffrey as chief executive officer, effective January 1, 2026. Caffrey will succeed CEO Manning Rountree, who will retire at the end of the year. Caffrey...

Posted: Sep 02, 2025

S&P maintains stable reinsurance outlook but says pricing has passed its peak

Reinsurance News

S&P Global Ratings suggests that reinsurance pricing has passed its peak, likely tempering earnings prospects for global reinsurers over 2025–2026; nevertheless, the ratings agency maintains a stable outlook for the sector. The stable outlook...

Posted: Sep 02, 2025

Reinsurance Market Shifts to Buyers’ Favor as Cat Bond Issuance Shatters Records

Risk & Insurance

Despite $40 billion in wildfire losses, competitive pressures drive pricing down while ILS capacity surges toward $114 billion in 2025: AM Best. The post

Posted: Sep 02, 2025

Envelop Risk welcomes new hires in Bermuda and London

Reinsurance News

Envelop Risk, a data-driven cyber reinsurance and analytics specialist, has announced three new appointments: Michael Murdoch-Smith and JayLynn Hines, who will be based in Bermuda; and Sarah Kennerley, who will be based in London. Murdoch-Smith ha...

Posted: Sep 02, 2025

Markets/Coverages: Willis Launches Specialty Bloodstock Insurance Solution in UK

Insurance Journal

Willis, a business of WTW, has launched the first specialty bloodstock insurance solution with Equine MediRecord to make the purchasing of bloodstock insurance more accessible and efficient for horse owners and trainers in the UK. Willis have signed...

Posted: Sep 02, 2025

Tesla Asks Court to Throw Out $243M Award; Says Comments About Musk Misled Jury

Insurance Journal

The car company run by Elon Musk asked a federal court Friday to dismiss massive damages awarded to victims of a deadly crash, arguing that their lawyers had misled the jury by improperly bringing up the billionaire during the trial. …

Posted: Sep 02, 2025

Delaware Governor Vetoes Bill to Loosen Marijuana Zoning Regulations

Insurance Journal

Gov. Matt Meyer vetoed a bill last Thursday that would have loosened regulations around where marijuana businesses can locate in Delaware, likely further delaying the growth of the weeks-old industry. But the governor also offered a competing proposa...

Posted: Sep 02, 2025

Moody’s shifts reinsurance sector outlook to stable as market tilts toward buyers

Reinsurance News

Moody’s has changed its outlook on the global reinsurance sector to stable from positive, noting that pricing for property reinsurance is declining as the supply/demand balance shifts toward reinsurance buyers. According to Moody’s, abundant...

Posted: Sep 02, 2025

Gallagher Re to enhance APAC footprint with acquisition of Steadfast Re

Reinsurance News

Global reinsurance broker Gallagher Re has further invested in the Asia Pacific region by agreeing to acquire Sydney, Australia-based reinsurance broking firm Steadfast Re Pty Limited. Terms of the deal, which is expected to close in the final qua...

Posted: Sep 02, 2025

Global reinsurance capital rises to new high of $805bn: Gallagher Re

Reinsurance News

At the halfway point of 2025, global reinsurance industry capital hit a new high of $805 billion, reflecting growth of 4.8% from the end of 2024, as the underlying return on equity (ROE) of a subset of 16 reinsurers reduced but remained healthy at...

Posted: Sep 02, 2025

Bonjay Koo to lead Enterprise Client solutions for Aon South Korea

Reinsurance News

Aon, a global re/insurance broking group, has announced the appointment of Bonjay Koo as Enterprise Client Leader, Asia Pacific in South Korea. In his new Seoul-based role, Koo will be responsible for the delivery of integrated Risk Capital and Hu...

Posted: Sep 02, 2025