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Texas Gov. Greg Abbott named Amanda Crawford Commissioner of Insurance to replace Cassie Brown. Brown retired after more than four years overseeing the Texas Department of Insurance. Crawford was appointed for a term set to expire on Feb. 1, 2027. &#...
Posted: Jan 08, 2026
Building Financial Resilience Against Hyper-Volatility Risk Management
Posted: Jan 08, 2026
Swedish automaker Volvo Cars is recalling 413,151 vehicles in the United States over an issue with the rearview camera, the U.S. National Highway Traffic Safety Administration (NHTSA) said on Thursday. The software will be updated by a dealer or thro...
Posted: Jan 08, 2026
Specialist insurer CFC, said it launched a new extension to its Cyber Proactive Response cover for small- to medium-sized enterprises. Customer business interruption responds to contingent business interruption (BI) events, delivering protection for...
Posted: Jan 08, 2026
Global reinsurer SCOR has announced the successful cross-border conversion of its Irish subsidiary, SCOR Global Reinsurance Ireland dac (SGRI), into a French entity. The company will now operate under the name SCOR Global Reinsurance France SA (SG...
Posted: Jan 08, 2026
Compared to new entrants from previous decades, today's younger workers are much more focused on charitable giving. The post Focus on Charit...
Posted: Jan 08, 2026
Property rates soften amid competitive capacity while social inflation and emerging risks pressure casualty lines, creating a bifurcated market in 2026: USI. The post
Posted: Jan 08, 2026
Record levels of reinsurance capital supply from traditional and alternative sources outpaced incremental demand from buyers at the January 1st, 2026, renewals, and as pricing “reverted broadly to 2022 levels”, analysts at Fitch Rating...
Posted: Jan 08, 2026
Posted: Jan 08, 2026
Pilot Commended for Safely Landing Plane After Panel Blow Out Pushes Back Against Boeing, Lawsuits The...
Posted: Jan 08, 2026
US Weather Agency Sees 75% Chance of a La Nina Transition by Early 2026...
Posted: Jan 08, 2026
Surge of Supercharged Hurricanes Prompt Call for Cat 6 Classification...
Posted: Jan 08, 2026
Posted: Jan 08, 2026
Alphabet’s Google and artificial-intelligence startup Character.AI have agreed to settle a lawsuit from a Florida woman who alleged a Character chatbot led to the suicide of her 14-year-old son, according to a Jan. 7 court filing. The filing sa...
Posted: Jan 08, 2026
Guy Carpenter, a global risk and reinsurance specialist and a business of Marsh, has announced the launch of its global Sidecar Center of Excellence (COE), to be led by Ed Hochberg. The COE has been designed to provide clients with dedicated resou...
Posted: Jan 08, 2026
The value of the 10 highest class-action settlements in 2025 exceeded $70 billion for the first time ever. In fact, the total was nearer to $80 billion across all areas of litigation, according to law firm Duane Morris. For the …
Posted: Jan 08, 2026
The value of the 10 highest class-action settlements in 2025 exceeded $70 billion for the first time ever. In fact, the total was nearer to $80 billion across all areas of litigation, according to law firm Duane Morris. For the …
Posted: Jan 08, 2026
A winter storm is set to lash northern Europe with hurricane-force winds, along with heavy rain and snow as it moves through the region late on Thursday and Friday. Storm Goretti is expected to gather energy as low pressure deepens …
Posted: Jan 08, 2026
Storm Goretti lashed England and France with hurricane-force winds, causing widespread disruption as it swept through northwest Europe and cut power to hundreds of thousands of homes. Amber and yellow warnings were in place for parts of the UK, Franc...
Posted: Jan 08, 2026
A federal judge sentenced a Pembroke Pines insurance broker to almost three years in prison and millions of dollars in restitution for leading a scheme that fraudulently enrolled thousands of people—many of them homeless—in Affordable Care Act health...
Posted: Jan 08, 2026
AM Specialty Insurance Group has announced the appointment of Kevin Stephenson as Chief Finance Officer (CFO) and Viren Patel as Chief Risk Officer (CRO) of AM Specialty Insurance Company (UK). An FCA/ACA-qualified accountant, Stephenson brings ov...
Posted: Jan 08, 2026
Bermuda-based Mosaic Insurance has announced excess casualty as its eighth global product line, appointing April Andruczyk as Head of Bermuda, Excess Casualty to lead the new unit. The facility begins underwriting immediately, and will provide sup...
Posted: Jan 08, 2026
Munich Re Specialty – Global Markets, Syndicate (Munich Re Syndicate Limited), the managing agent of Syndicate 457, has announced the appointment of Stephanie Ogden to lead the organisation, effective 1st March 2026. Ogden will be succeeding...
Posted: Jan 08, 2026
Two utility workers in North Charleston were killed when the scissor lift they were using struck live power lines, causing a fire. Local news outlets reported that witnesses said the 25-year-old men, working at night Jan. 6, did not have …
Posted: Jan 08, 2026
Cytora, a digital risk processing platform for the insurance industry, has partnered with Climatig, a provider of an innovative solution for calculating detailed physical climate risks. This integration embeds Climatig’s advanced climate analysis...
Posted: Jan 08, 2026
New York Regulates Consumer Litigation Financing New York State has a new law that regulates the in...
Posted: Jan 08, 2026
Millions at Risk of Los Angeles-Style Wildfires in Australia Millions of peo...
Posted: Jan 08, 2026
The U.S. Department of Transportation is withholding about $160 million from California after the state delayed canceling thousands of commercial driver’s licenses that regulators say were issued illegally. Transportation Secretary Sean Duffy s...
Posted: Jan 08, 2026
California Gov. Gavin Newsom will call for a crackdown on institutional investors buying up homes in the state during a speech Thursday, following a similar announcement by President Donald Trump. Newsom plans on saying he will work with local legisl...
Posted: Jan 08, 2026
“Sustainable value creators” among the 100 largest property/casualty insurance carriers generated more than twice as much of their value through underwriting than through investment activities over a 20-year study period, according to a n...
Posted: Jan 08, 2026
Polo Managing Agency (PMA), part of the PoloWorks group, has launched three new Lloyd’s syndicates: Atradius Syndicate 1864, Aurora Syndicate 1890, and OAK Enterprise Syndicate 1440 – all of which began underwriting from 1 January 2026. PMA,...
Posted: Jan 08, 2026
Bridge Specialty Group, a subsidiary of Florida-based Brown & Brown, Inc., has acquired the assets of Shoemaker & Besser, a managing general agent and wholesale insurance brokerage located in York, Pennsylvania. The announcement said that Sho...
Posted: Jan 08, 2026
US health insurance companies continued to dominate the ranking of the world’s largest insurers in terms of 2024 net premiums written (NPW), with UnitedHealth Group Inc. maintaining its top spot, reporting $308.81 billion in NPW, an increase of 6....
Posted: Jan 08, 2026
Life and health reinsurer Pacific Life Re has appointed Jia Yi Tan as its new Claims and Global Chief Underwriting (CUO), based in Singapore. In her new role, Tan succeeds Andrew Doran, who has been promoted as Chief Executive Officer of Underwrit...
Posted: Jan 08, 2026
Recent geopolitical developments in Venezuela have brought renewed focus to tail risks for the global insurance sector, particularly across specialty property and casualty (P&C) lines with exposure to marine, aviation, and trade credit in the...
Posted: Jan 08, 2026
Insurance Business Magazine - US
Posted: Jan 08, 2026
Insurance Business Magazine - US
Posted: Jan 08, 2026
The Lloyd’s Market Association (LMA), the body representing the interests of managing agents and Lloyd’s brokers, has appointed Matthew Bellamy as Underwriting Director, who will join the body in late 2026. In his new role, Bellamy will report to...
Posted: Jan 08, 2026