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Two Killed, 10 Displaced in Savannah Apartment Complex Fire

Insurance Journal

Two people died and 10 more were forced out of their dwellings by a fire that cut through an apartment complex near Savannah, Georgia. Local news outlets reported that the blaze broke out early Sunday morning at The Commons, a …

Posted: Dec 02, 2025

Geoeconomic fragmentation reshaping the global risk landscape

Reinsurance News

A new report from Brokerslink and the Swiss Re Institute warns that rising geoeconomic fragmentation, marked by widening divisions between economic blocs and potential restrictions on the free flow of capital, could have profound and lasting conse...

Posted: Dec 02, 2025

People Moves: Brown & Riding Names McKeon to Underwriting & Selection Accounts Division

Insurance Journal

Brown & Riding announced Carmen McKeon has joined its Underwriting & Select Accounts Division. With nearly two decades of experience in the excess and surplus lines market, McKeon has built a reputation for guiding high-performing teams and d...

Posted: Dec 02, 2025

People Moves: Brown & Riding Names McKeon to Underwriting & Selection Accounts

Insurance Journal

Brown & Riding announced Carmen McKeon has joined its Underwriting & Select Accounts Division. With nearly two decades of experience in the excess and surplus lines market, McKeon has built a reputation for guiding high-performing teams and d...

Posted: Dec 02, 2025

BlueFive launches new platform to drive GCC insurance consolidation

Reinsurance News

BlueFive Capital, a global investment platform, has launched BlueFive Insurance, a dedicated platform to lead the consolidation, digitisation, and specialisation of the insurance industry across the Gulf Cooperation Council (GCC) and beyond. Altho...

Posted: Dec 02, 2025

Lowe’s to Pay $12.5M for Lead Paint Violations During Home Renovations

Insurance Journal

Lowe’s must pay $12.5 million over renovation work performed by its contractors at hundreds of homes across the country. The Justice Department and the Environmental Protection Agency announced a proposed nationwide settlement with Lowe’s...

Posted: Dec 02, 2025

Frank Fumarola joins Coalition as Chief Product Officer

Reinsurance News

Coalition, an active insurer focused on preventing digital risks, has announced the appointment of Frank Fumarola as its new Chief Product Officer. Fumarola, who is joining the company from Nubak, will serve as a member of Coalition’s execut...

Posted: Dec 02, 2025

Texas ID Restrictions Could Prevent Illegal Immigrants in U.S. From Buying, Registering Vehicles

Carrier Management

Texas ID Restrictions Could Prevent Illegal Immigrants in U.S. From Buying...

Posted: Dec 02, 2025

Florida, East Coast to See Big Insured Losses from More Cat 5 Storms, Researchers Say

Insurance Journal

The just-ended 2025 Atlantic hurricane season surprised some forecasters after it produced no major storms that hit the United States. But the hurricanes that did arise, with most remaining offshore and one slamming Jamaica, were mostly Category 5 be...

Posted: Dec 02, 2025

Florida, East Coast to See Big Insured Losses From More Cat 5 Storms, Researchers Say

Insurance Journal

The just-ended 2025 Atlantic hurricane season surprised some forecasters after it produced no major storms that hit the United States. But the hurricanes that did arise, with most remaining offshore and one slamming Jamaica, were mostly Category 5 be...

Posted: Dec 02, 2025

Ben Watson to lead Westfield Specialty International’s new cyber offering

Reinsurance News

Westfield Specialty International, a specialty insurance provider, has announced the appointment of Ben Watson as Class Underwriter to lead its newly launched cyber team. The cyber team will begin writing business from 1st January 2026, with addit...

Posted: Dec 02, 2025

SEC Chief Wants to Boost IPOs by Easing Rules for Small Firms

Insurance Journal

The nation’s top securities regulator is planning to make it easier for small companies to go public by cutting mandatory disclosures and scaling back requirements based on the size of the firm. Such a move could increase the initial public &#8...

Posted: Dec 02, 2025

Demex announces appointment of next gen C-suite leadership to drive market expansion

Reinsurance News

Demex, a technology-enabled reinsurance solution provider, has a number of executive leadership appointments designed to lead the company into its next phase of growth. Michael Anderson was appointed CEO, following a four-year tenure as Chief Grow...

Posted: Dec 02, 2025

Top 4 Challenges Insurance Agencies Face with Producer-to-Carrier Contracting

coverager

One of the biggest, if not the biggest, challenges to an ideal carrier contracting and appointment process is your insurance carrier partners don’t follow a uniform process for producer data collection.

Posted: Dec 02, 2025

Bridge Specialty Group expands western operations with BSIB launch

coverager

The expansion comes with several leadership moves.

Posted: Dec 02, 2025

AIM Robotics debuts FlySafe for drone pilots

coverager

AIM Robotics is bundling drone compliance with insurance access.

Posted: Dec 02, 2025

Nevis raises $40 million

coverager

Nevis is an AI platform designed to handle operational work for financial advisors.

Posted: Dec 02, 2025

Nationwide renews NFL partnership

coverager

Nationwide also currently has partnerships with 16 NFL clubs. 

Posted: Dec 02, 2025

Upland Capital Group Launches Five Sigma’s Claims Management Platform and Clive™ to Transform Specia...

coverager

Upland Capital Group, a specialty property and casualty insurer, has officially gone live with Five Sigma’s claims management platform and Clive™, the Multi-Agent AI Claims Expert, as part of its transition to a fully in-house claims operation.

Posted: Dec 02, 2025

MMA acquires three Hawaii brokerages

coverager

Atlas Insurance Agency, Pyramid Insurance Centre, and IC International.

Posted: Dec 02, 2025

Gallagher acquires First Actuarial

coverager

First Actuarial provides pension administration, employee benefits, consultancy and investment services.

Posted: Dec 02, 2025

Range raises $60 million

coverager

The round brings the company’s total capital raised to over $100 million.

Posted: Dec 02, 2025

Compare Pet case wrapped after Chapter 11 filing

coverager

On November 19, 2025, both sides filed a stipulation discontinuing the lawsuit with prejudice and without costs. 

Posted: Dec 02, 2025

Hippo officer files to sell shares

coverager

Ostergaard, CEO of Spinnaker, reported no other sales in the past three months.

Posted: Dec 02, 2025

Can We Please Tone Down All the 'Inflection Point' Talk?

Insurance Thought Leadership

Can We Please Tone Down All the 'Inflection Point' Talk? PaulCarroll

Posted: Dec 02, 2025

Helios’ net asset value per share up 3.8% in Q3 driven by pipeline profits

Reinsurance News

Helios Underwriting, the publicly listed firm offering direct access to a range of syndicates at the specialist Lloyd’s insurance and reinsurance marketplace, has reported that net asset value (NAV) per share increased 3.8% to £2.48 for the third...

Posted: Dec 02, 2025

Trump Administration Backs Bayer’s Bid to Curb Roundup Lawsuits

Insurance Journal

President Donald Trump’s administration urged the U.S. Supreme Court on Monday to take up Bayer’s bid to curtail thousands of lawsuits claiming its Roundup weedkiller causes cancer, pushing the group’s shares to their highest in alm...

Posted: Dec 02, 2025

Luigi Mangione’s Arrest Videos Played at Hearings Over Insurance Executive’s Killing

Insurance Journal

Police spoke to Luigi Mangione in a McDonald’s restaurant for more than 30 minutes before arresting him for allegedly gunning down a UnitedHealthcare UNH.N executive, according to videos played on Monday during state court hearings over whether...

Posted: Dec 02, 2025

MetLife finalises $10bn variable annuity risk transfer with Talcott

Reinsurance News

MetLife, Inc., a provider of insurance, annuities, and employee benefit programmes, has finalised its previously announced $10 billion variable annuity risk transfer transaction with Talcott Resolution Life Insurance Company, a life insurance and...

Posted: Dec 02, 2025

It’s plausible that product liability

Rough Notes

INSURANCE-RELATED COURT CASESDigested from case reports published onlineCOURT DECISIONS It’s plausible that product liability applies Norfolk & Dedham Mutual Fire Insurance Company (Norfolk) happened to provide commercial property coverage to 10...

Posted: Dec 02, 2025

Not bad faith, bad timing

Rough Notes

INSURANCE-RELATED COURT CASESDigested from case reports published onlineCOURT DECISIONS Not bad faith, bad timing After a large network of thunderstorms with powerful, straight-line winds passed through, the home and property of Colin Henderson and W...

Posted: Dec 02, 2025

Reinsurers expected to shoulder most of $200m loss from Hong Kong fire: AM Best

Reinsurance News

According to ratings agency AM Best, a material portion of the gross incurred loss, which may exceed $200 million from the deadly Hong Kong apartment (Wang Fuk Court) fire, is expected to be transferred to reinsurers. This is because primary insur...

Posted: Dec 02, 2025

Insurer’s information request creates a defense obligation

Rough Notes

INSURANCE-RELATED COURT CASESDigested from case reports published onlineCOURT DECISIONS Insurer’s information request creates a defense obligation In 2014, Phillip Riley and his spouse (the Rileys) sued various members of the lumber industry includin...

Posted: Dec 02, 2025

Who’s insuring Russia’s shadow fleet?

Reinsurance News

Since Western P&I clubs and reinsurers largely withdrew from underwriting sanctioned oil shipments, an informal and opaque re/insurance ecosystem has emerged to keep Russia’s shadow fleet trading. What was once dominated by London and the Inte...

Posted: Dec 02, 2025

Yet Another Russia-Linked Tanker Gets Attacked in the Black Sea

Insurance Journal

A fourth Russia-connected tanker in under a week was attacked on Tuesday, a sharp uptick in strikes on Moscow-associated shipping as the war in Ukraine nears a fifth year. The tiny oil and chemicals tanker Midvolga-2 was sailing across the …

Posted: Dec 02, 2025

Thailand’s Record Floods Paralyze Key Hubs for Tech and Car Parts

Insurance Journal

Thailand said floods that have devastated much of the country’s south have “paralyzed” the flow of high tech components and car parts to neighboring Malaysia, potentially benefiting rival exporters in Indonesia and Vietnam. In the h...

Posted: Dec 02, 2025

AXA XL goes live with PPL to strengthen links to London Market

Reinsurance News

AXA XL, the property and casualty division of AXA Group, has successfully connected its internal computer systems directly to the London Market’s main trading platform, Placing Platform Limited (PPL), opening a new data exchange gateway. This conn...

Posted: Dec 02, 2025

Airbus Says Quality Lapses on A320 Panels Need Inspection

Insurance Journal

Airbus SE suffered a one-two punch on its popular A320 airliner after revealing a quality issue on some fuselage panels — just days after a software glitch on about 6,000 jets required emergency upgrades. “Airbus is taking a conservative approa...

Posted: Dec 02, 2025

AXIS adds Edwards to newly created role of Head of Delegated Strategy, Global Markets

Reinsurance News

Bermuda-based insurer and reinsurer, AXIS Capital Holdings Limited, has appointed Lewis Edwards to the newly created role of Head of Delegated Strategy, Global Markets, effective immediately. He will be based in London and reports to Sara Farrup,...

Posted: Dec 02, 2025

Strategic Underwriter Bridges Gap for Broker, Securing Critical Coverage for Complex Industrial Risk

Insurance Journal

Monrovia, CA – Dec 2, 2025 – When a broker faced a sudden non-renewal on a large and complex account, the expert intervention of an in-house underwriter at Greenwood General Insurance proved instrumental, transforming a potential client crisis into a...

Posted: Dec 02, 2025

Here’s Why Two AI Copyright Cases Had Two Very Different Outcomes

Insurance Journal

Artificial intelligence companies and the creative industries are locked in an ongoing battle, being played out in the courts. The thread that pulls all these lawsuits together is copyright. There are now over 60 ongoing lawsuits in the US where &#82...

Posted: Dec 02, 2025

IDF and AXA announce first close of Infrastructure Resilience Development Fund

Reinsurance News

AXA and the Insurance Development Forum (IDF) have announced the first close of the Infrastructure Resilience Development Fund (IRDF). Managed by Global Infrastructure Partners (GIP), a BlackRock subsidiary, the IRDF is built upon the Infrastructu...

Posted: Dec 02, 2025

Black Sea Shipping Insurance Rates Rise After Ukraine Attacks on Tankers, Sources Say

Insurance Journal

The cost of shipping commodities through the Black Sea climbed on Monday after Ukrainian naval drones hit two tankers heading to a Russian port, with fears of further attacks driving up war risk insurance costs, industry sources said. The Black &#823...

Posted: Dec 02, 2025