All Posts

Idaho Officials Say Gunman Started Fire, Then Fatally Shot 2 Firefighters in Ambush

Insurance Journal

A man armed with a rifle started a wildfire and then began shooting at first responders in a northern Idaho mountain community, killing two firefighters and wounding a third during a barrage of gunfire over several hours, authorities said. A …

Posted: Jun 30, 2025

2024 Grocery Chain Cyber Attack Exposed Data of 2.2 Million Employees, Others

Insurance Journal

Ahold Delhaize USA Services, the Dutch company that owns Stop & Shop and Hannaford grocery stores across New England and others across the country, reported on June 26 that a cyber attack last November likely exposed the personal information of &...

Posted: Jun 30, 2025

2024 Grocery Chain Cyberattack Exposed Data of 2.2 Million Employees, Others

Insurance Journal

Ahold Delhaize USA Services, the Dutch company that owns Stop & Shop and Hannaford grocery stores across New England and others across the country, reported on June 26 that a cyberattack last November likely exposed the personal information of an...

Posted: Jun 30, 2025

Lloyd’s Applauds Removal of Section 899 Tax Measure From ‘One Big Beautiful Bill’

Insurance Journal

Lloyd’s has issued a statement applauding the removal of Section 899 from the Senate’s version of the Republication reconciliation bill, which would have could have led to substantial additional tax on the US income of non-US-domiciled bu...

Posted: Jun 30, 2025

Hannover Re appoints Kai Aschenbach as General Manager

Reinsurance News

Global reinsurer Hannover Re has announced the appointment of Kai Aschenbach as General Manager. In his new role, Aschenbach will focus on the consistent implementation of core IT topics and the standardised support and integration of the company’...

Posted: Jun 30, 2025

Wall Street Backs LA Wildfire Lawsuits, Chasing Billions

Insurance Journal

The Los Angeles wildfires have generated potentially thousands of new clients for lawyers and prospects for billions in fees. Wall Street wants in on the action, too. The chance at a piece of strong returns has encouraged investment banks, hedge &#82...

Posted: Jun 30, 2025

David Petrone to lead MSIG USA Northeast region distribution

Reinsurance News

MSIG USA, a provider of specialty insurance solutions, has announced the appointment of David Petrone as Northeast region distribution leader. Petrone will leverage his over three decades of industry experience to drive regional distribution strat...

Posted: Jun 30, 2025

MAPFRE RE bolsters senior management with three appointments

Reinsurance News

MAPFRE RE, the reinsurance and global risks arm of Madrid-based insurer MAPFRE, has strengthened its senior management with the appointment of Fernando Utrilla Agüero as Deputy Chief Financial Officer (CFO) and José López González as Assistant Gen...

Posted: Jun 30, 2025

Beazley Report: US Executives Misjudge Cyber Preparedness

Insurance Journal

U.S.-based executives feel more prepared to counter cyber threats, potentially indicating a false sense of security because many companies lack the ability to be adequately prepared, according to a new report from specialist insurer Beazley. Accordin...

Posted: Jun 30, 2025

Chinese non-life insurance sector shows resilience amidst market challenges: Fitch Ratings

Reinsurance News

Fitch Ratings, a credit rating agency, reports that China’s non-life insurance sector continues to exhibit strong financial stability, which has supported consistent growth in premiums and improved underwriting outcomes during the first quarter of...

Posted: Jun 30, 2025

G7 Agrees to Avoid Higher Taxes for US and UK Companies

Insurance Journal

The United States and the Group of Seven nations have agreed to support a proposal that would exempt U.S. companies from some components of an existing global agreement, the G7 said in a statement on Saturday. The group has created …

Posted: Jun 30, 2025

U.S. Execs Show Overconfidence in Cyber Preparedness Despite Rising Threat Awareness: Survey

Risk & Insurance

New Beazley report reveals growing concern over cyber risks paired with overconfidence in defensive capabilities. The post

Posted: Jun 30, 2025

Florida insurance market expands with two new companies amid continued stabilisation

Reinsurance News

Florida Insurance Commissioner Mike Yaworsky has announced the addition of two new insurance companies approved to write residential policies in the state, reflecting continued progress in Florida’s insurance market. Since major legislative reform...

Posted: Jun 30, 2025

Trend towards buyer-friendly conditions accelerated at mid-year renewals: Aon

Reinsurance News

In its mid-year 2025 reinsurance market dynamics report, Aon has highlighted that the increased availability of property catastrophe reinsurance, combined with greater flexibility from reinsurers, makes this an opportune moment for insurers to ree...

Posted: Jun 30, 2025

Advantage Re joins DIFC’s growing community

Reinsurance News

Managing general agent Advantage Re has joined the Dubai International Financial Centre (DIFC), a financial hub for the Middle East, Africa, and South Asia (MEASA). This strategic move brings Advantage Re’s specialised expertise in insurance, rein...

Posted: Jun 30, 2025

‘Generali’ Sign Atop Insurer’s Skyscraper Offices Collapses in Milan

Insurance Journal

One of the giant Generali signs that crown the Italian insurer’s head offices in Milan collapsed on Monday, remaining atop the 170 meter-high (558 ft) skyscraper but at risk of crashing to the ground, firefighters said on Monday. Generali, whic...

Posted: Jun 30, 2025

Amynta Risk Solutions names Michael Coghlan Head of A&H Reinsurance

Reinsurance News

Amynta Risk Solutions, an insurance services company with more than $3.5 billion in managed premium, has appointed Michael Coghlan to lead its Accident and Health (A&H) Reinsurance business. Coghlan is an insurance and reinsurance industry vet...

Posted: Jun 30, 2025

People Moves: Liberty Specialty Markets Taps CNA Hardy’s Butt as UK Head of Casualty Claims; SiriusP...

Insurance Journal

This edition of Interntional People Moves details appointments at Liberty Specialty Markets and SiriusPoint. A summary of these new hires follows here. Liberty Specialty Markets Taps CNA Hardy’s Butt as Head of Casualty Claims, UK Liberty Speci...

Posted: Jun 30, 2025

SCOR appoints Gilles Nansenet as Global Account Executive

Reinsurance News

French reinsurer SCOR has announced the appointment of Gilles Nansenet as Global Account Executive within its Global Client Unit in Paris. Nansenet brings 35 years of experience in the property and casualty reinsurance industry. He joins SCOR afte...

Posted: Jun 30, 2025

Markets/Coverages: AEGIS London Raises Line Sizes for Political, Financial Risk Cover

Insurance Journal

AEGIS London, a top quartile Lloyd’s syndicate, has announced significant enhancements to its political and financial risk (PFR) offering. The syndicate has increased its sovereign non-payment (CF) and political risk (PR) line sizes from $20 mi...

Posted: Jun 30, 2025

Executives Get Combined 141 Years in Prison for Italy PFAS Spill

Insurance Journal

Eleven former executives of companies linked to Miteni SpA were sentenced to a combined 141 years in prison by an Italian court for one of the largest groundwater contaminations of forever chemicals in Europe. Parent company Mitsubishi Corp., Japan&#...

Posted: Jun 30, 2025

Lloyd’s commends removal of Section 899 from US reconciliation bill

Reinsurance News

Lloyd’s Chair, Sir Charles Roxburgh, has issued a statement commending the removal of Section 899 from the reconciliation bill by the United States Treasury and Congress, noting that the decision “greatly supports” not only Lloyd’s bus...

Posted: Jun 30, 2025

Hedge Fund Strategy Built on Catastrophes Taps a Hot New Trend – Parametrics

Insurance Journal

One of the most successful hedge fund strategies of recent years — insurance-linked securities — is latching on to an old idea whose popularity is suddenly soaring. Parametric insurance, where policyholders get quick payouts if weather-related metric...

Posted: Jun 30, 2025

PwC’s AI Chief Says Firm Has Cut Prices as Tech Saves Staff Time

Insurance Journal

PricewaterhouseCoopers LLP, one of the world’s largest professional advisory firms, has cut prices for some services as clients raised the fact that the consultancy is using artificial intelligence to complete its work quicker. “Clients w...

Posted: Jun 30, 2025

Reeves Plans Rule Change to Create UK Captive Insurance Market

Insurance Journal

The UK government is planning to announce rule changes to help create a potential new insurance market worth billions of pounds as part of a drive to boost competitiveness. Chancellor of the Exchequer Rachel Reeves is expected to lay out …

Posted: Jun 30, 2025

FortressFire, BMS and EPIC launch Fine Art Wildfire Insurance Program in California

Reinsurance News

FortressFire, a provider of wildfire analytics and property-specific protection services, brokers BMS Group and EPIC have come together to launch the Fine Art Wildfire Insurance Program to protect high-value collections in California. This product...

Posted: Jun 30, 2025

As Hurricane Season Picks Up, Key Forecasting Tool Access Set to End

Insurance Journal

US National Hurricane Center (NHC) forecasters accurately predicted Hurricane Erick would explode in intensity as it hit Mexico’s Pacific coastline. Now, key tools that helped inform that outlook will go away by the end of this month, and it&#8...

Posted: Jun 30, 2025

Tech Firms Warn ‘Scattered Spider’ Hacks Are Targeting Aviation Sector

Insurance Journal

Tech companies Google and Palo Alto Networks are sounding the alarm over the “Scattered Spider” hacking group’s interest in the aviation sector. In a statement posted on LinkedIn on Friday, Sam Rubin, an executive at Palo Alto&#8217...

Posted: Jun 30, 2025

GM Wins Victory as Appeals Court Decertifies Transmission Lawsuits

Insurance Journal

General Motors persuaded a federal appeals court on Friday to decertify a class action seeking to hold the automaker liable for knowingly selling about 800,000 cars, trucks and SUVs with faulty transmissions. In a 9-7 vote, the 6th U.S. Circuit &#823...

Posted: Jun 30, 2025

Investigation Into Florida Condo Collapse is Expected to Finish in 2026

Insurance Journal

More than four years after a Florida condominium collapse killed 98 people, federal investigators have yet to make a final determination of the cause — but they do have some leading theories. The National Institute of Standards and Technology, the &#...

Posted: Jun 30, 2025

Investigation Into Florida Condo Collapse Is Expected to Finish in 2026

Insurance Journal

More than four years after a Florida condominium collapse killed 98 people, federal investigators have yet to make a final determination of the cause — but they do have some leading theories. The National Institute of Standards and Technology, the &#...

Posted: Jun 30, 2025

Iconic NC Tourist Attraction Reopens as Governor Signs Helene Relief Plan

Insurance Journal

An iconic tourist attraction in an area of western North Carolina among the hardest hit by Hurricane Helene reopened to the public on Friday, nine months after the storm brought historic flooding, destruction and loss of life. North Carolina Gov. &#8...

Posted: Jun 30, 2025

Two More Insurers Enter Florida Market as Hurricane Season Warms Up

Insurance Journal

Two more property insurers have put their toes in the Florida market this summer, bringing to 14 the number of new carriers in the state since 2023. It’s another sign that legislative discouragement of claims litigation has made a difference &#...

Posted: Jun 30, 2025

People Moves: Leclair Joins Alliant Insurance Services in Phoenix

Insurance Journal

Alliant Insurance Services hired Jordan Leclair as vice president. The Phoenix, Arizona-based benefits consultant joins Alliant with a background spanning healthcare, HR technology and employee benefits. Leclair has experience supporting organization...

Posted: Jun 30, 2025

Addresscloud to enhance data delivery for insurers with Martin’s appointment

Reinsurance News

Addresscloud, a geocoding and property intelligence expert, has announced the appointment of Tim Martin as Data Director, a move that reinforces the company’s commitment to delivering best-in-class location intelligence to the insurance sector. In...

Posted: Jun 30, 2025

Cannabis Retailers Must Face College Athlete’s Psychosis Claims

Insurance Journal

A former champion college athlete and aspiring Olympian known for his prowess in track and field events has advanced his lawsuit that blames cannabis retailers for his cannabis-induced psychosis that led to a suicide attempt. A New Jersey state judge...

Posted: Jun 30, 2025

Q&A: Rethinking Equipment Breakdown Reinsurance in a Shifting Market

Risk & Insurance

With inflation, supply-chain issues, and tech shifts, equipment breakdown reinsurance is regaining focus. Matt Stambaugh of Travelers BoilerRe shares how these forces are driving carriers to rethink strategies. The post

Posted: Jun 29, 2025

Erie Insurance Restores Online Access for Customers; Still Working on Other Systems

Insurance Journal

Erie Insurance has reported that online account access for customers has been restored in the latest update on its recovery from its network outage. The online bill pay portal is also available. The insurer said the network and system outage …

Posted: Jun 29, 2025

Riskonnect partners with MAPTYCS

coverager

The partnership helps organizations better assess and manage climate-related risks.

Posted: Jun 28, 2025

College Athletes Making Big Money Concern Team Physicians Wary of Greater Liability Risk

Carrier Management

College Athletes Making Big Money Concern Team Physicians Wary of Greater Liability Risk The profession...

Posted: Jun 27, 2025

Water Quality Threatened for up to 8 Years After Wildfires

Carrier Management

Water Quality Threatened for up to 8 Years After Wildfires A newly released study of 100,...

Posted: Jun 27, 2025

Automakers Want US to Move Faster on Self-Driving Car Rules

Carrier Management

Automakers Want US to Move Faster on Self-Driving Car Rules Major automa...

Posted: Jun 27, 2025

EverPeak launches in 11 new states

coverager

Coverage is exclusively through Attune’s platform.

Posted: Jun 27, 2025

Lockton names Nick Serrault US COO

coverager

Serrault brings nearly 20 years of experience, including nearly a decade of leadership experience at Lockton.

Posted: Jun 27, 2025

SuperDial raises $15 million

coverager

The debt and equity series A round was led by SignalFire, with participation from Slow Ventures, BoxGroup, and Scrub Capital.

Posted: Jun 27, 2025

INSight Capital raises $6.3 million

coverager

INSight Capital is positioning itself as a modern capital and succession planning partner for independent agencies, particularly in the Midwest.

Posted: Jun 27, 2025

Arkel adds landlords product to Acturis platform

coverager

Premier Let is now available across all major software house platforms, streamlining access for brokers.

Posted: Jun 27, 2025