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Prysmian Eyes New Texas Copper Mill Amid Data Center Boom

Insurance Journal

Prysmian SpA, the world’s largest cable maker, is considering building a new mill in Texas while pursuing U.S. acquisitions, as surging demand tied to data centers and electrification drives growth in its largest market. The Italian group may p...

Posted: Mar 19, 2026

Insurers using advanced analytics and AI deliver stronger results: WTW survey

Reinsurance News

North American property and casualty (P&C) insurers that invested more resources into advanced analytics and AI generated higher profitability and stronger premium growth, according to a new survey from WTW. WTW’s 2026 Advanced Analytics &...

Posted: Mar 19, 2026

Florida OIR Summit Includes Cal Commissioner Lara, Sessions on AI, Compliance, Data

Insurance Journal

The Florida Office of Insurance Regulation’s agenda for its April 15-16 Insurance Summit includes sessions on financial reporting by insurers, changes in data calls, and compliance with orders, along with insights from insurance executives on t...

Posted: Mar 19, 2026

Reinsurance Association of America rejects ‘US Re’ proposal

Reinsurance News

The Reinsurance Association of America (RAA) has rejected the Hamilton Project’s proposal for US Re, a federal reinsurance entity for homeowners insurance, arguing that it fails to address the underlying drivers of insurance costs. The proposal wa...

Posted: Mar 19, 2026

McDonald’s Must Face Black Ex-Executives’ Claims of Harassment, Retaliation

Insurance Journal

A federal judge in Chicago on Wednesday said two former McDonald’s vice presidents can proceed with their lawsuit that they were criticized and subjected to racial slurs because they are Black women, and then forced out of the company for &#823...

Posted: Mar 19, 2026

Gallagher Re promotes Tsimaratos and Ntelekos

Reinsurance News

Global reinsurance broker Gallagher Re has announced the promotion of Alkis Tsimaratos to President, International, and Alex Ntelekos to leader of International Products and Practices. In his new role, Tsimaratos will focus on deepening senior cli...

Posted: Mar 19, 2026

Arch Insurance Intl. launches new IP consortium at Lloyd’s

Reinsurance News

Arch Insurance International, part of global insurer and reinsurer Arch Capital Group and a provider of specialty insurance solutions, has launched a new Intellectual Property (IP) Consortium at Lloyd’s, covering $40 million in line size to...

Posted: Mar 19, 2026

Massive 7-Ton Meteor Explodes Over Cleveland, Startling Residents

Insurance Journal

A 7-ton meteor that sped across the Cleveland sky at 45,000 miles (72,420 kilometers) per hour on Tuesday before breaking apart in a thunderous boom startled residents who feared an explosion. People several states away reported seeing the bright fir...

Posted: Mar 19, 2026

Is a Federal Reinsurance Backstop the Answer to Home Insurance Challenges?

Insurance Journal

The Brookings Institution’s Hamilton Project has released a proposal for a federal reinsurance backstop called US Re to leverage federal borrowing capacity and stabilize the country’s homeowners insurance market. “Properly construct...

Posted: Mar 19, 2026

Liability Insurers Face Unexpected Reserve Headwinds in Recent Years

Risk & Insurance

Adverse development in 2025 concentrated in post-COVID accident years signals that loss trends are outpacing pricing assumptions industry-wide, S&P reports. The post

Posted: Mar 19, 2026

People Moves: Trade Names Krol as Chief Operating Officer

Insurance Journal

Trident Marine Managers, a Ryan Specialty managing general underwriter, announced the appointment of Karolina Krol as Chief Operating Officer, effective immediately. Trident offers specialty marine and offshore energy insurance solutions and is part of Ry...

Posted: Mar 19, 2026

Property cat rates strongly adequate, large loss needed to substantially adjust pricing: RenRe CEO

Reinsurance News

Property catastrophe rates remain strongly adequate, so a relatively large loss would be needed to drive a meaningful adjustment, said RenaissanceRe’s CEO Kevin J. O’Donnell, though he noted that it is not the catastrophe itself that shifts...

Posted: Mar 19, 2026

Dynamic Reinsurance appoints Valoy Chaudary as Head of Property Large & Complex

Reinsurance News

Dynamic Reinsurance, a reinsurance firm specialising in tailored risk transfer solutions, has announced the appointment of Valoy Chaudary as Head of Property Large & Complex Facultative and Primary Layers. In this role, Chaudary will focus on...

Posted: Mar 19, 2026

People Moves: MEMIC Promotes Jarrard and Roberts; Khurana Joins Patriot Growth

Insurance Journal

MEMIC Promotes Jarrard and Roberts to Territory Manager Roles The MEMIC Group, headquartered in Portland, Maine, promoted Sunny Jarrard to territory manager for its Southeast Region and Benjamin Roberts to territory manager for its Northeast Region....

Posted: Mar 19, 2026

Lloyd’s CEO Says It’s Critical Mideast War Cover Stays Available

Insurance Journal

The Lloyd’s of London insurance market will continue to provide cover for vessels traveling through the Strait of Hormuz even as shipowners avoid the area, according to chief executive officer Patrick Tiernan. Shippers seeking insurance for tan...

Posted: Mar 19, 2026

CISA Asks Companies to Secure Microsoft Tool After Stryker Cyberattack

Insurance Journal

The U.S. government on Wednesday asked companies to strengthen the security of Microsoft’s endpoint management tool, after a cyberattack on medical device maker Stryker Corp last week. The March 11 cyberattack hit Stryker’s computer syste...

Posted: Mar 19, 2026

U.S. Home Insurance Prices Set to Keep Rising With Severe Weather

Carrier Management

U.S. Home Insurance Prices Set to Keep Rising With Severe Weather U.S. h...

Posted: Mar 19, 2026

NEXI concludes reinsurance agreement with Export Finance Australia

Reinsurance News

Nippon Export and Investment Insurance (NEXI) has concluded a reinsurance agreement with Export Finance Australia (EFA), aiming to efficiently support exports to third countries and business collaboration by both Japanese and Australian companies....

Posted: Mar 19, 2026

Report: ‘One in A Million’ Live Fire Malfunction Rained Shrapnel on California Highway

Insurance Journal

A “one in a million” malfunction during a live fire demonstration over Camp Pendleton last October led to a misfire that rained shrapnel on Interstate 5, striking two California Highway Patrol vehicles, a U.S. Marine Corps investigation f...

Posted: Mar 19, 2026

Update: Iran Attacks Energy Sites, Defying Trump Calls for Restraint

Insurance Journal

Iran maintained attacks on energy assets around the Middle East even after US President Donald Trump called for restraint, with damage to key oil and gas infrastructure triggering a fresh surge in prices. Tehran’s response to Israel’s ass...

Posted: Mar 19, 2026

Iran Attacks Energy Sites, Defying Trump Calls for Restraint

Insurance Journal

Iran maintained attacks on energy assets around the Middle East even after US President Donald Trump called for restraint, with damage to key oil and gas infrastructure triggering a fresh surge in prices. Tehran’s response to Israel’s ass...

Posted: Mar 19, 2026

Indian gov mulls establishment of war-risk fund for ships passing through conflict-hit waters, says...

Reinsurance News

The Indian government is planning to set up a fund dedicated to supporting insurers providing war-risk cover for ships to and from the country which are travelling through conflict-hit waters in West Asia, according to a report by the Economic Tim...

Posted: Mar 19, 2026

‘Tag Man’ Charged With Title-Washing $3.8 Million in Stolen Luxury Autos

Insurance Journal

A Philadelphia man has been charged for his alleged role in a vehicle title-washing scheme involving dozens of stolen luxury vehicles valued at nearly $4 million, according to state police and prosecutors. Pennsylvania Attorney General Dave Sunday sa...

Posted: Mar 19, 2026

India Offers Insurance Support as Small Exporters Face Cash-Flow Strain

Insurance Journal

Indian small and medium exporters are facing payment delays and cash‑flow stress as war‑risk premiums and emergency surcharges drive freight rates sharply higher, the trade ministry said on Thursday. Routes through conflict‑hit West Asia have seen a...

Posted: Mar 19, 2026

Terrorism insurance market remains robust amid shifting threat landscape: Marsh

Reinsurance News

Despite an increasingly complex and evolving threat landscape, the terrorism insurance market remains stable and robust, according to Marsh’s recently-published 2026 Global Terrorism Risk Insurance Report. The report highlights that modern terrori...

Posted: Mar 19, 2026

Arch Insurance International launches new IP consortium at Lloyd’s

Reinsurance News

Arch Insurance International, part of Arch Capital Group and a provider of specialty insurance solutions across multiple lines, has launched its new Intellectual Property (IP) Consortium at Lloyd’s, covering $40 million in line size to cater...

Posted: Mar 19, 2026

Lloyd’s unveils new strategy as market adapts to Blue Print Two sunset

Reinsurance News

In a statement accompanying the firm’s annual report, Patrick Tiernan, CEO of Lloyd’s, described the future of the market’s infrastructure as an ecosystem of intelligent solutions, built on common data standards and interoperability, with a...

Posted: Mar 19, 2026

Accelerant’s total revenues rise 51.5% to $912.9m in FY’25

Reinsurance News

Accelerant Holdings, a services and data platform for the specialty insurance market, has reported total revenues of $912.9 million for full year 2025, a 51.5% increase from $602.6 million in 2024. For the year, exchange written premium amounted t...

Posted: Mar 19, 2026

Tariff Refund Lawsuits Surge Amid Uncertainty About US Plans

Insurance Journal

The number of companies suing for tariff refunds has spiked in recent weeks, a sign that many importers aren’t confident yet in the Trump administration’s plans to create a claims process after the US Supreme Court struck down the preside...

Posted: Mar 19, 2026

New Dawn Risk names Roma Kanabar as Head of Finance

Reinsurance News

Specialist Lloyd’s broker New Dawn Risk has appointed Roma Kanabar as its new Head of Finance, effective immediately, based in London. With the new role, Kanabar will join New Dawn Risk’s senior management team and play a crucial role in providing...

Posted: Mar 19, 2026