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Gallagher Bassett notes shift in Lloyd’s claims management to “hurdle principle”

Reinsurance News

The change of Lloyd’s claims management to a “hurdle principle” places the delivery of high-quality claims services among the key fundamental responsibilities of managing agents, positioning it alongside underwriting and governance as a strategic...

Posted: Dec 29, 2025

Tata Steel Says Dutch NGO Seeks $1.6 Billion for Alleged Health Damage

Insurance Journal

A Dutch nonprofit is seeking €1.4 billion ($1.6 billion) in compensation from Tata Steel’s Netherlands units, alleging that harmful emissions from its operations have caused environmental harm and health damage to nearby residents. Stichting Fr...

Posted: Dec 29, 2025

JAB Insurance to acquire Utmost Group’s Life and Pensions business

Reinsurance News

JAB Insurance, the global insurance business of JAB Holding Company, has entered into a definitive agreement to acquire from Utmost Group plc its Life and Pensions (ULP) business. ULP is a UK life and pensions platform with more than £5 billion of...

Posted: Dec 29, 2025

Accelerated softening across many lines at Jan 1 renewals as reinsurer capital grows: Guy Carpenter

Reinsurance News

A recent report by Marsh McLennan’s reinsurance broking arm, Guy Carpenter, reveals that expanded reinsurance capacity available at the key January 1, 2026, reinsurance renewals, accelerated softening of pricing across many lines of business...

Posted: Dec 29, 2025

NHTSA Probes Tesla Model 3 Emergency Door Release

Insurance Journal

The U.S. auto safety regulator said it has opened a defect investigation into Tesla Model 3 compact sedans over concerns that emergency door release controls may not be easily accessible or clearly identifiable in an emergency. The National Highway T...

Posted: Dec 29, 2025

Karolien Gielen to succeed Filip Coremans as Ageas Managing Director Asia

Reinsurance News

International insurance group Ageas has announced the appointment of Karolien Gielen as Managing Director Asia and Business Development, effective 1 February 2026. Gielen, currently Managing Director Business Development (including Strategy, CDSO,...

Posted: Dec 29, 2025

US P/C Posts $35B YTD Underwriting Gain; By-Line Premium Growth Revealed

Insurance Journal

Earlier this month, AM Best provided its initial tally of year-to-date financial results for U.S. property/casualty insurers, reporting a $34.9 billion net underwriting gain through the first nine months of 2025. According to Best’s Special Rep...

Posted: Dec 29, 2025

Top Midwest Region Insurance Journal Stories of 2025

Insurance Journal

Acrisure’s announcement to lay off several hundred employees amidst rising AI integration topped the charts of Insurance Journal’s Midwest region in 2025. Midwest readers also paid close attention to State Farm’s decision to impleme...

Posted: Dec 29, 2025

Top Southeast Region Insurance Journal Stories of 2025

Insurance Journal

Property insurers have complained for years about roofers deliberately damaging roofs in order to file claims. But few have done what North Carolina Farm Bureau Mutual Insurance and the state’s Department of Insurance did: Set up a sting operat...

Posted: Dec 29, 2025

Top National Insurance Journal Stories of 2025

Insurance Journal

Mergers and acquisitions were among big stories last year and they continued to catch the attention of readers in 2025. The three largest insurance brokers — March, Aon and Arthur J. Gallagher — announced or closed multi-billion-dollar acquisitions i...

Posted: Dec 29, 2025

FBI Involved After Two Florida Injury Lawyers Go Missing From Fishing Trip

Insurance Journal

Two south Florida injury attorneys, one a former insurance defense counsel, were still missing Sunday after their fishing boat was found southwest of Naples with the engine still running. The FBI has joined the investigation into what may have happen...

Posted: Dec 29, 2025

Judge Green Lights New York’s Driver’s License Law, Rejecting Trump Challenge

Insurance Journal

A federal judge gave a green light Tuesday to New York’s so-called Green Light Law, rejecting the Trump administration’s bid to stop the state from giving people driver’s licenses without having them prove they are in the country le...

Posted: Dec 29, 2025

Model Context Protocol introduces a new phase of AI-driven cyber risk: KYND

Reinsurance News

As Model Context Protocol (MCP) usage accelerates, KYND is calling on the insurance industry to rethink its approach to cyber exposure and to increase technical awareness of MCP, as it introduces a new class of systemic risk that is easy for cyber...

Posted: Dec 29, 2025

People Moves: Aspire Promotes Storms to COO, Burton to EVP and CUO

Insurance Journal

Aspire, headquartered in Rancho Cucamonga, California, promoted Myles Storms to chief operating officer, where he oversees corporate operations, brand, customer experience, project management, UAT and mailroom operations. Since joining Aspire, he has...

Posted: Dec 29, 2025

California Wildfires Dominated 2025 Headlines

Insurance Journal

California’s wildfire and homeowners insurance crisis were the most read stories in Insurance Journal’s Western region this year. It was a year that saw several major insurers draw back from writing homeowners policies in the state, promp...

Posted: Dec 29, 2025

Top West Region Insurance Journal Stories of 2025

Insurance Journal

California’s wildfire and homeowners insurance crisis were the most read stories in Insurance Journal’s Western region this year. It was a year that saw several major insurers draw back from writing homeowners policies in the state, promp...

Posted: Dec 29, 2025

California Ditches Fight With Feds For High-Speed Rail Funds

Insurance Journal

California has withdrawn a lawsuit against the Trump administration that sought to recover roughly $4 billion in federal funds pulled from the state’s long-delayed high-speed rail project, after concluding it can no longer rely on the federal g...

Posted: Dec 29, 2025

Top East Insurance Journal Stories of 2025

Insurance Journal

There was a lot of news for Insurance Journal East readers in 2025, of course. While readership was strong across topics, readers showed special interest in number of topics and articles including reports on tragic events, recovery efforts, insurance...

Posted: Dec 29, 2025

Top South Central Region Insurance Journal Stories of 2025

Insurance Journal

Lawsuits against major insurance carriers were among the most-read stories in Insurance Journal’s South Central region in 2025. Allstate and GEICO were both hit by lawsuits in Texas this year alleging improper practices. Readers also flocked to...

Posted: Dec 29, 2025

Abacus Global shifts listing to NYSE

coverager

Abacus said the NYSE listing aligns with its long-term growth strategy, citing access to a deeper institutional investor base and increased liquidity.

Posted: Dec 28, 2025

Sapiens names new leadership team

coverager

CEO and President Roni Al-Dor will step down at the end of the year.

Posted: Dec 28, 2025

Inszone acquires Northern Insurance Group

coverager

Northern Insurance is known for its expertise in construction, restaurant, and small business coverage, while maintaining a broad generalist portfolio.

Posted: Dec 26, 2025

Chubb appoints Xavier Pazmino to Head of Marine, Overseas General Insurance

coverager

He succeeds Andrew Williamson who will retire next year.

Posted: Dec 26, 2025

Great American expands environmental liability offering into Mexico

coverager

The expansion extends Great American’s environmental underwriting capabilities beyond the U.S. and into the Mexican market.

Posted: Dec 26, 2025

Ex-CoverWallet executives raise $4 million

coverager

InfiniteWatch is a New York-based startup focused on monitoring and managing AI agents used in customer-facing interactions.

Posted: Dec 26, 2025

TCS expands Aviva UK partnership for life and pensions administration

coverager

Tata Consultancy Services subsidiary Diligenta, to manage an additional 1.1 million Aviva policies in the UK and enable enhanced customer experience.

Posted: Dec 26, 2025

AXA XL appoints Jeffrey L. Loop as Head Of Media Liability

coverager

He will focus on expanding and refining media liability solutions for a broad client base.

Posted: Dec 26, 2025

U.S. P/C Posts $35B YTD Underwriting Gain; By-Line Premium Growth Revealed

Carrier Management

U.S. P/C Posts $35B YTD Underwriting Gain; By-Line Premium Growth Reveale...

Posted: Dec 26, 2025

Ameriflex partners with Aflac

coverager

Ameriflex will serve as Aflac’s administrative partner for CDH services in the public sector market.

Posted: Dec 25, 2025

RiverStone International names Charlotte Pritchard UK CEO

coverager

RiverStone is an acquirer and reinsurer of legacy and discontinued insurance business.

Posted: Dec 25, 2025

My Brown raises $11.5 million to expand pet insurance offering

coverager

Samsung Fire & Marine Insurance participated in the round.

Posted: Dec 25, 2025

Advance raises $7.3 million seed round

coverager

Aflac emphasized that the incident did not involve ransomware and that its systems remained operational throughout.

Posted: Dec 25, 2025

XPT Specialty expands personal lines team

coverager

Joseph Corrado joins XPT Specialty from Morstan General Agency.

Posted: Dec 24, 2025

Tesla’s insurance operation is growing up

coverager

A glimpse into Tesla’s approach to offering data-driven insurance solutions for both Tesla and non-Tesla vehicle owners.

Posted: Dec 24, 2025