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Insurance Business Magazine - US
Posted: Oct 16, 2025
Beat Capital Partners, an incubator of underwriting franchises and Ambac subsidiary, has partnered with Crum & Forster executive Blair Bartlett to launch 1889 Specialty Insurance Services, a financial institutions managing general agent (MGA)....
Posted: Oct 16, 2025
Aon, a global insurance and reinsurance broking group, has appointed Byron Beebe as Chief Executive Officer (CEO), Human Capital, effective immediately, reporting to Andy Marcell, CEO of Global Solutions. In the role, he will lead Aon’s integrated...
Posted: Oct 16, 2025
The blast that killed 16 workers at a military explosives plant in Tennessee last week likely could have been prevented with better safety measures and accountability, the National Council for Occupational Safety and Health said in a statement. ̶...
Posted: Oct 16, 2025
New State Panels Will Probe Deadly Texas Floods Top Republicans in the Texas Legislature...
Posted: Oct 16, 2025
Third quarter net income at The Travelers Cos. increased 50% compared with the same period a year ago, to about $1.9 billion on lower catastrophe losses. Catastrophe losses for the third quarter this year were $402 million pretax, compared with ̷...
Posted: Oct 16, 2025
Quiet hurricane season and reduced natural disasters drive 2025 losses well below historical averages: Gallagher Re. The post
Posted: Oct 16, 2025
The Travelers Companies has reported Q3 2025 net income of $1.888 billion, up 50% from the same period of 2024, with a consolidated combined ratio of 87.3%. The firm also reported core income of $1.867 billion for Q3 2025, a 53% increase from $1.2...
Posted: Oct 16, 2025
Global reinsurer Munich Re expects price to be a discussion point at the 2025 Baden-Baden Reinsurance Meeting next week, and emphasised that the firm is ready to deploy more capital ahead of the January renewals with structures projected to hold,...
Posted: Oct 16, 2025
Global broking group Marsh McLennan’s reinsurance arm, Guy Carpenter, generated revenue of $398 million and $2.3 billion for the third quarter and nine-month period ended September 30th, 2025, respectively, as consolidated revenue across the...
Posted: Oct 16, 2025
Markel International has announced the appointment of Weng Joe Wong as Professional Financial Risks & Cyber Underwriter. In his new role, Wong will help drive Markel’s Asia underwriting strategy, enhance risk selection, and strengthen client e...
Posted: Oct 16, 2025
Saudi Reinsurance Company’s (Saudi Re) Board of Directors has approved a capital increase through the issuance of 53.98 million new shares, raising its capital by 46.6% to SAR 1.7 billion to strengthen the reinsurer’s capital base and support grow...
Posted: Oct 16, 2025
Insurance broker Howden US has appointed Joe Clark as President and Dale Krupowicz as Head of Operations for its Private Risk Solutions business. The broker stated that these appointments reinforce its commitment to building a modern, client-centr...
Posted: Oct 16, 2025
Huntington Advisory, an independent strategic advisory firm headquartered in Singapore with offices in London and Hong Kong, has partnered with MGT Partners, a French financial services group based in Paris, to enhance client access to the Europea...
Posted: Oct 16, 2025
Chaucer Group, a specialty re/insurance group, has announced the appointment of David Smith as Group Head of Claims, subject to regulatory approval. Smith will assume the role on 1 January 2026, following the retirement of Tony Gates, who will ste...
Posted: Oct 16, 2025
Clarisse Kopff, Member of the Board of Management at Munich Re, has indicated that amid climate-related perils and the impacts of geopolitical and macroeconomic instability, the firm will continue to fulfil its stabilising role, grounded in enduri...
Posted: Oct 16, 2025
CLARA Analytics, a provider of artificial intelligence (AI) technology for insurance claims optimisation, has launched CLARA Data Engineering as a Service (DEaaS), a new offering that transforms fragmented, siloed data into clean, AI-ready intelli...
Posted: Oct 16, 2025
The Insurance Development Forum (IDF)—a public-private partnership between the insurance industry, the United Nations, and the World Bank—has announced the launch of the Infrastructure Resilience Development Fund (IRDF). Managed by Global Infrastr...
Posted: Oct 16, 2025
US-based insurer Kemper Corporation has appointed C. Thomas Evans, Jr., the current Executive Vice President (EVP), Secretary, and General Counsel, to serve as Interim Chief Executive Officer (CEO) as Joseph P. Lacher, Jr. steps down. Lacher depar...
Posted: Oct 16, 2025
HSB Canada, a specialty insurer and part of Munich Re, introduced HSB CyberPro™, a new solution that provides comprehensive insurance coverage and services for businesses. HSB CyberPro combines specialized cyber claims service, active threat monitori...
Posted: Oct 16, 2025
Optio Group, a specialty MGA, has announced the appointment of Harald Teige as Head of Coastal Marine at S Insurance AS (S Insurance), an Optio company. Based in Oslo, Teige will report to Morten F. Basthus, Chief Underwriting Officer, and has tak...
Posted: Oct 16, 2025
Posted: Oct 16, 2025
ACORD Solutions Group, the technology arm of ACORD, has announced expanded features for automated sanctions screening within ACORD Transcriber, its intelligent document processing platform. The new Sanctions Screening capability extracts key data...
Posted: Oct 16, 2025
Medical costs per claim have begun to rise following a period of relative stability post-pandemic, a new report shows. A new Workers Compensation Research Institute report shows medical payments per claim recently started increasing, fueled by an inc...
Posted: Oct 16, 2025
A record amount of renewable energy capacity was added globally last year, but that still left countries short of targets towards meeting a U.N. climate goal to triple capacity by 2030, a report by global renewable groups showed on Tuesday. …
Posted: Oct 16, 2025
Carbon dioxide levels in the atmosphere have reached the highest ever recorded, potentially further warming the planet and leading to more extreme climate events, a new report by the World Meteorological Organization found. From 2023 to 2024, the glo...
Posted: Oct 16, 2025
The cybersecurity company F5 Inc. said nation-state hackers breached its networks, gaining “long-term, persistent access” to certain systems and stealing some source code. The breach prompted alerts from cybersecurity agencies in the US a...
Posted: Oct 16, 2025
A ransomware attack is disrupting state and local borrowers’ ability to post debt documents on the $4.3 trillion municipal-bond market’s main distribution platform. MuniOS, a website operated by Ann Arbor, Michigan-based tech company Imag...
Posted: Oct 16, 2025
Moment of opportunity. Clear horizons. The latest WTW Marketplace Realities report, published in early October, is heavy on descriptions of a “unique and promising” inflection point for commercial insurance buyers. “Today, nearly ev...
Posted: Oct 16, 2025
The U.S. Supreme Court has turned down an appeal by conspiracy theorist Alex Jones of the $1.4 billion judgment against him for his false claims about the 2012 Sandy Hook Elementary School mass shooting that took the lives of 20 …
Posted: Oct 16, 2025
HDI Global, a commercial and specialty lines insurer, has announced the appointment of Georgina Smart as Head of Global Risk Bloodstock & Equine, based in London. Smart will lead the insurer’s bloodstock and equine underwriting and distributio...
Posted: Oct 16, 2025
A cast member of the Bravo TV show “The Real Housewives of Potomac” and her husband have been indicted in Maryland for allegedly reporting a fake burglary. Carroll County officials said Dr. Wendy Osefo and her husband Edward were both ...
Posted: Oct 16, 2025
Buffalo, New York-based independent insurance brokerage Lawley reported its merger with ROC Insurance Services in Rochester effective September 1. Founded in 2012, ROC Insurance Services is a Medicare and individual health insurance agency. ROC Insur...
Posted: Oct 16, 2025
Cohill Joins LP Insurance Services LLC Employee Benefits Team James Cohill joined LP Insurance Services LLC as part of its employee benefits team. Based in the Las Vegas, Nevada, office, Cohill will guide all aspects of employee benefits. Cohill has...
Posted: Oct 16, 2025
The Liberty Company Insurance Brokers acquired High Ground Insurance Services in Torrance, California. High Ground is a locally owned regional insurance broker and risk management consultant with a national reach. The firm offers specialized services...
Posted: Oct 16, 2025
The funding round supports development of reasoning AI to automate insurance workflows.
Posted: Oct 15, 2025
Marsh McLennan announced is changing its brand to Marsh, effective January 2026. The company has also created a new unit to centralize investments in operations, data, artificial intelligence (AI) and analytics.
Posted: Oct 15, 2025
Liberate originally launched with a low-code platform.
Posted: Oct 15, 2025
The Trump administration said Wednesday it is withholding $40.6 million from California in federal transportation funding for failing to comply with truck driver English proficiency rules. The U.S. Transportation Department had warned California, Was...
Posted: Oct 15, 2025
Insurance Business Magazine - US
Posted: Oct 15, 2025