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W. R. Berkley appoints Hale Johnston President of Berkley Net

Reinsurance News

W. R. Berkley Corporation, a commercial lines property and casualty insurance provider, has recently announced that Hale Johnston has been appointed president of Berkley Net, one of its subsidiary companies, effective immediately. Johnston succeed...

Posted: Nov 25, 2025

ICA declares Queensland hailstorms an Insurance Catastrophe as claims surge

Reinsurance News

The Insurance Council of Australia (ICA) has declared an Insurance Catastrophe for the strong winds and damaging hail that impacted South East Queensland between Sunday, 23 November and Monday, 24 November, noting that insurers have already receiv...

Posted: Nov 25, 2025

Deadly Floods Hit Southeast Asia as More Rain Forecast

Insurance Journal

Heavy rainfall has unleashed deadly floods across Southeast Asia, damaging crops and stranding tourists, with more downpours expected into early next week. Flooding in southern Thailand has killed at least 13 people and swamped around 800,000 househo...

Posted: Nov 25, 2025

Lack of discipline in unprofitable US cyber market is somewhat surprising: Beazley CEO

Reinsurance News

Adrian Cox, Chief Executive Officer of specialist insurer Beazley, said this morning that the US cyber insurance market is now unprofitable and continues to soften given the active claims environment. London headquartered Beazley reported today th...

Posted: Nov 25, 2025

Insurers’ Investment in Synthetic Risk Transfers Face Fresh Scrutiny Under EU Proposals

Insurance Journal

Insurers putting money into one of private credit’s hottest trends will face fresh oversight from the EU’s financial stability watchdog, under new proposals to bridge the gap between member states on a deal to revamp Europe’s securi...

Posted: Nov 25, 2025

HBC Group expands into Nordics with Danish agency DUAN acquisition

Reinsurance News

HBC Group, one of the leading insurance intermediary groups in the German-speaking region, has expanded its international marine expertise and Nordic market footprint with the acquisition of DUPI Underwriting Agencies Nordics A/S (DUAN). DUAN, a D...

Posted: Nov 25, 2025

Credit Suisse Fails to Topple $600 Million Rogue-Banker Bill

Insurance Journal

A Credit Suisse unit in Bermuda lost its UK court fight to topple a $600 million damages award to sanctioned Georgian tycoon Bidzina Ivanishvili. The Privy Council — the top tribunal for cases brought in many British territories — dismissed …

Posted: Nov 25, 2025

Beazley reveals new Bermuda platform as 9M’25 premiums rise

Reinsurance News

As specialist insurer Beazley announces a solid set of results for the first nine months of 2025, albeit with muted 1% year-on-year growth in insurance written premiums, the London headquartered firm has also unveiled a new Bermuda platform to sup...

Posted: Nov 25, 2025

Oliver Delvos named Head of Cyber and Tech E&O, Europe at Liberty Specialty Markets

Reinsurance News

Liberty Specialty Markets (LSM), a division of Liberty Mutual Insurance Group, has appointed Oliver Delvos as head of cyber and tech E&O for Europe, effective 1 December 2025. Based in Germany, Delvos will report to Pierre-Edouard Fraigneau, p...

Posted: Nov 25, 2025

Pro Global launches SRA-registered law firm Pro Legal

Reinsurance News

Pro Global, an advisor for the specialist insurance sector, has announced the launch of Pro Legal Solutions Ltd (Pro Legal), its Solicitors Regulation Authority (SRA) registered law firm designed to streamline complex claims litigation. Pro Legal...

Posted: Nov 25, 2025

Thanksgiving No. 1 Day of the Year for Cooking Fires in US

Insurance Journal

Thanksgiving is the No. 1 day of the year for home cooking fires in the U.S., and leaving food unattended is the leading cause, the Red Cross reported. According to the National Fire Protection Association, cooking accounts for 80% of …

Posted: Nov 25, 2025

How AI Could Reboot Britain’s Services-Heavy Economy

Insurance Journal

When accountants at mid-tier firm Moore Kingston Smith began using artificial intelligence to speed up their work, profit margins jumped. Colleagues in another team running checks against corporate fraud created a report for customers in two hours, s...

Posted: Nov 25, 2025

Binance Faces Lawsuit by Hamas Victims Under Anti-Terrorism Law

Insurance Journal

Binance Holdings Ltd. faces a lawsuit claiming the cryptocurrency platform “knowingly facilitated” crypto transactions by Hamas before the group attacked Israel on Oct. 7, 2023, killing 1,200 people and taking 250 hostages. More than 300...

Posted: Nov 25, 2025

Insurance Customers Skeptical About AI Processes and Benefits

Insurance Journal

While insurance consumers may be warming up to artificial intelligence, 68% say they believe the insurance company gets most of or all the benefits of AI adoption. AI is becoming more ingrained and accepted as part of the insurance industry’s &...

Posted: Nov 25, 2025

Barge Looted in the Bahamas Returns to Florida But Insurance Claims Mounting

Insurance Journal

A barge carrying 192 shipping containers that ran aground in the Bahamas and was quickly looted has returned to Jacksonville, ending a stormy journey that will likely result in millions of dollars in insurance claims. The barge, known as the …

Posted: Nov 25, 2025

Barge Looted in the Bahamas Returns to Florida but Insurance Claims Mounting

Insurance Journal

A barge carrying 192 shipping containers that ran aground in the Bahamas and was quickly looted has returned to Jacksonville, ending a stormy journey that will likely result in millions of dollars in insurance claims. The barge, known as the …

Posted: Nov 25, 2025

New Homeowners Insurance Product in California Launched by bolt

Insurance Journal

Insurtech bolt launched a new homeowners insurance offering the firm is calling VTRO. VTRO is a California-based managing general agent created by bolt. VTRO combines comprehensive coverage with bolt’s smart water sensor technology. The firm sa...

Posted: Nov 25, 2025

Geo Study Highlights Regional Cost Differences in California Workers’ Comp

Insurance Journal

Where an injured worker lives in California and receives care can significantly affect claim frequency, complexity and overall costs, a new study shows. The newly released Workers’ Compensation Insurance Rating Bureau of California’s 2025...

Posted: Nov 25, 2025

1B-i appoints Dr. John Morley as CEO, establishes operational entity

Reinsurance News

1B-i Holdings Limited, a specialist insurance group focusing on digital assets, technology, and transition economy, has appointed Dr. John Morley as its Chief Executive Officer (CEO). The company has also confirmed the establishment of its managem...

Posted: Nov 25, 2025

Just Insure reports Q3 results

coverager

The carrier reported $8.6 million in written premiums.

Posted: Nov 25, 2025

How to Retain More Clients by Automating Your Strategy

coverager

When considering ways to improve workflow efficiency and strengthen client retention strategies, it’s easy to say, “Let’s automate it!” But what is automation in insurance, and how does it boost...

Posted: Nov 25, 2025

Redrob raises $8.5 million

coverager

KB Investment participated in the round.

Posted: Nov 25, 2025

Federal Jury Awards $80 Million to Estate of NY Man Wrongfully Convicted of Murder

Insurance Journal

A federal jury awarded $80 million Wednesday to the estate of a Buffalo man whose conviction in a 1976 murder was overturned after he spent nearly a quarter century in prison. Darryl Boyd, one of the group of Black teenagers …

Posted: Nov 25, 2025

Washington Labor Inspectors Catch 41 Unregistered Contractors

Insurance Journal

The Washington State Department of Labor & Industries cited 41 people for unregistered contracting, or for unlicensed plumbing and electrical work during inspections at nearly 350 construction sites over the course of two days. The coordinated ef...

Posted: Nov 25, 2025

Contractor and Cape Cod Town Began Court Battle Before Fatal Trench Collapse

Insurance Journal

The employer of a construction worker who was killed in a construction trench collapse on Cape Cod last week and the town that hired the firm for the sewer project are in a legal dispute that began before the fatal …

Posted: Nov 25, 2025

Trucordia Acquires Charles River Insurance in Massachusetts

IIR

The Utah-based brokerage has expanded its New England presence through the acquisition of Charles River Insurance in Framingham.

Posted: Nov 24, 2025

ZestyAI Expands Storm Risk Model Approvals to Six States

IIR

The California-based firm’s severe convective storm suite has been accepted for regulatory use in West Virginia, Georgia, South Dakota, Montana, Oregon, and Utah.

Posted: Nov 24, 2025

Neutrinos Launches Venture Studio and Global Startup Challenge

IIR

The firm has introduced a corporate venture studio and a risk innovation challenge for startups at Bengaluru Tech Summit 2025.

Posted: Nov 24, 2025

Embedded Insurance Approaches Tipping Point

IIR

As embedded insurance moves from experiment to expectation, auto dealers, OEMs, fintechs, and InsurTechs redefine how coverage is quoted, bound, and embedded at the point of decision.

Posted: Nov 24, 2025

How AI Can Transform Workers' Comp

Insurance Thought Leadership

How AI Can Transform Workers' Comp Commercial Lines sradomski

Posted: Nov 24, 2025

Beyond Insurance: Building Resilience Via Cross-Sector Collaboration

Insurance Thought Leadership

Beyond Insurance: Building Resilience Via Cross-Sector Collaboration sradomski Mon, 11/24/2025 - 15:59 ...

Posted: Nov 24, 2025

What If Incumbents Become the Innovators?

Insurance Thought Leadership

What If Incumbents Become the Innovators? PaulCarroll

Posted: Nov 24, 2025