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Spanish Court Orders Meta to Pay Nearly €500 Million in Damages to Media Outlets

Insurance Journal

Spanish legacy media companies in Spain scored a victory against social media giant Meta after a Madrid-based court ordered Thursday [Nov. 20] that it must pay news outlets nearly half a billion euros in damages. According to a court statement, &#823...

Posted: Nov 24, 2025

MPs urge expansion of government reinsurance schemes as cyber threats rise

Reinsurance News

The Business and Trade Committee, responsible for scrutinising the Department for Business and Trade, has urged the Government to urgently expand reinsurance schemes like Pool Re to support private markets and bolster business resilience, particul...

Posted: Nov 24, 2025

North Carolina Motorist Tells 911: Eagle Dropped a Cat Through the Windshield

Insurance Journal

A motorist in western North Carolina escaped injury when the carcass of a cat crashed into the passenger side of her front windshield along a highway near the Great Smoky Mountains National Park. In a call to 911, the unidentified …

Posted: Nov 24, 2025

Lloyd’s market secures three-year continuation of FCP Service with new contract

Reinsurance News

The Lloyd’s Market Association (LMA), LIMOSS and Vitesse have signed a new contract to continue the market-wide FCP Service for a minimum of three years, reaffirming their commitment to an insured-first approach that accelerates claims payments an...

Posted: Nov 24, 2025

Indonesia Seizes 8 Containers of Imported Zinc Powder Contaminated With Caesium-137

Insurance Journal

Indonesia has seized eight containers of imported zinc powder found to be contaminated with radioactive caesium-137, an official said on Monday, as the Southeast Asian country steps up efforts to intercept contaminated goods leaving and entering the...

Posted: Nov 24, 2025

Ozempic Users in Denmark Win Eye-Disease Payout

Insurance Journal

Four patients who developed a serious eye disease after using Novo Nordisk A/S’s blockbuster weight-loss drugs have been granted compensation in Denmark, the drugmaker’s home market. The claimants received a combined 800,000 kroner ($124,...

Posted: Nov 24, 2025

Aon warns against drawing quick conclusions from PRA’s LIST 2025: Lizzie Hawkins

Reinsurance News

The insurer-specific results of the PRA Life Insurance Stress Test (LIST 2025) demonstrate a good degree of financial resilience across in-scope insurers, however, Lizzie Hawkins, insurer due diligence specialist in the Aon Risk Settlement Group,...

Posted: Nov 24, 2025

Competitive pension risk transfer cost dips to 100.1% during October

Reinsurance News

The estimated cost for transferring retiree pension risk to an insurer saw a slight but significant decrease in October, to 100.1%, according to the latest figures from the Milliman Pension Buyout Index (MPBI). The estimated cost to transfer pensi...

Posted: Nov 24, 2025

Sunstar Insurance Group Names Daniel Romero as Chief Acquisition Officer

Insurance Journal

Memphis, TN – Sunstar Insurance Group (“Sunstar”), a leading retail insurance brokerage platform focused on the Midwest and Southeast, announced on November 17, 2025, the appointment of Daniel Romero as its new Chief Acquisition Officer....

Posted: Nov 24, 2025

Jean Edwards Consulting CEO Edward Nnadi on two decades of zero client churn

Reinsurance News

In a recent Reinsurance News interview, Edward Nnadi, CEO of Jean Edwards Consulting, reflected on how the firm has advanced from a specialist software outfit into a respected InsurTech partner over the past twenty years. The company, which began...

Posted: Nov 24, 2025

Howden names Alaric Lee as Chief Commercial Officer, Asia

Reinsurance News

Howden has appointed Alaric Lee as Chief Commercial Officer, Asia, effective 1 December 2025. Lee brings more than 15 years of leadership experience at Marsh, having progressed through a series of increasingly senior roles across London, Hong Kong...

Posted: Nov 24, 2025

Moody’s notes steadier growth in US life insurers’ CLO Holdings

Reinsurance News

The credit analysis and research firm Moody’s Ratings reports that US life insurers continue to expand their investments in collateralised loan obligations, though the pace of increase has become more measured compared with previous years. The age...

Posted: Nov 24, 2025

Skyward Specialty promotes John Burkhart to President, US P&C

Reinsurance News

Skyward Specialty Insurance Group, a property and casualty (P&C) specialist insurer, has promoted John Burkhart to President, US Property & Casualty, Skyward Specialty Insurance. This promotion aligns with the firm’s broader strategy...

Posted: Nov 24, 2025

AM Best raises ratings for Junto Re and Junto Seg, sets stable outlook

Reinsurance News

Credit rating agency AM Best has raised the Financial Strength Rating of Junto Resseguros S.A. (Junto Re) and Junto Seguros S.A. (Junto Seg) to A (Excellent) from A- (Excellent). The Long-Term Issuer Credit Ratings were also lifted to “a” (Excelle...

Posted: Nov 24, 2025

US States Take Aim at Data-Driven Pricing to Ease Consumer Pain

Insurance Journal

Even as the White House seeks to roll back state laws on artificial intelligence, states are pursuing an increasing number of bills to ban tech-driven pricing practices in an effort to bring consumers relief from high costs. By taking on …

Posted: Nov 24, 2025

As Infant Botulism Cases Climb to 31, Recalled ByHeart Formula Remains on Shelves

Insurance Journal

As cases of potentially deadly botulism in babies who drank ByHeart infant formula continue to grow, state officials say they are still finding the recalled product on some store shelves. Meanwhile the company reported late Wednesday that laboratory...

Posted: Nov 24, 2025

‘Agent of the Year’ in Georgia Sentenced to 2+ Years After Misusing Premium Payments

Insurance Journal

A central Georgia insurance agency owner and former Alfa insurance agent of the year must serve more than two years in prison after he pleaded guilty to bank fraud and misusing more than $220,000 in premiums. Jeremy Lasseter, who owned …

Posted: Nov 24, 2025

SEC to Drop Controversial SolarWinds Cyberattack Lawsuit

Insurance Journal

The US Securities and Exchange Commission will drop its landmark lawsuit against SolarWinds Corp. that accused the company of covering up internal problems ahead of a massive cyberattack. The SEC, the software company and its top information security...

Posted: Nov 24, 2025

Trump Threatens to Withhold $75M From Pennsylvania Over Immigrant Truck Drivers

Insurance Journal

The Trump administration has threatened to withhold nearly $75 million in funding if Pennsylvania does not immediately revoke what the administration claims are illegally issued commercial driver’s licenses to immigrants. The move by U.S. Trans...

Posted: Nov 24, 2025

Connecticut Insurance Commissioner Mais Retires; Hershman Eyed as Successor

Insurance Journal

Connecticut Governor Ned Lamont today announced that Insurance Commissioner Andrew N. Mais will be retiring from state service effective November 28, 2025 after six years of service in the role. Additionally, the governor announced that he is nominat...

Posted: Nov 24, 2025

BOXX to help businesses & individuals build resilience with Cyberboxx Assist

Reinsurance News

Insurtech firm BOXX Insurance has launched a comprehensive suite of cybersecurity tools and services that have been designed to build digital resilience. Cyberboxx Assist is a robust suite of tools designed to help businesses and individuals not o...

Posted: Nov 24, 2025

New Hampshire Supreme Court takes up disputed verdict in landmark youth center abuse case

Insurance Journal

New Hampshire Supreme Court justices heard oral arguments Thursday about the disputed verdict in a landmark lawsuit over abuse at the state’s youth detention center, questioning whether their decision could bankrupt the state or essentially let...

Posted: Nov 24, 2025

New Hampshire High Court Hears Disputed $38M Verdict in Youth Center Abuse Case

Insurance Journal

New Hampshire Supreme Court justices heard oral arguments Thursday about the disputed verdict in a landmark lawsuit over abuse at the state’s youth detention center, questioning whether their decision could bankrupt the state or essentially let...

Posted: Nov 24, 2025

Joby Aviation Sues Air-Taxi Rival Archer in California Over Trade Secrets

Insurance Journal

Electric air-taxi company Joby Aviation has sued rival Archer Aviation in California state court for allegedly stealing its trade secrets, according to a complaint made public on Thursday. Joby said in the lawsuit, filed on Wednesday in state court i...

Posted: Nov 24, 2025

Tesla Sued Over Fatal Crash in Washington in Growing Scrutiny of Doors

Insurance Journal

Tesla Inc. was sued over a fiery crash in Washington state that left one person dead and another seriously injured after rescuers allegedly struggled to open the vehicle’s doors, the latest in a growing body of litigation scrutinizing the compa...

Posted: Nov 24, 2025

Health Care Costs Projected to Rise 10% in 2026

IA Magazine

Health care costs are predicted to rise 9.6% in the U.S. in 2026, according to WTW’s “2026 Global Medical Trends” report. While next year’s increase will be slightly less than the 9.7% rise in health care costs experienced this year, it will be signi...

Posted: Nov 23, 2025

How Insurers Can Mitigate Legal Abuse Risk

IIR

Insurers can respond to legal system abuse with stronger governance, analytics, policy design, and coordinated claims strategies.

Posted: Nov 23, 2025

Counterpart Expands AI Coverage in Liability Products

IIR

The Los Angeles-based InsurTech has broadened its AI coverage to address risks in professional liability policies used by small businesses.

Posted: Nov 23, 2025

Protecting Drivers and Getting the Truth on Tape – What’s Brewing Podcast (Season 2 | Episode 17)

Insurance Journal

This post is part of a series sponsored by IAT Insurance Group. In this episode of IAT Insurance Group’s What’s Brewing Podcast, IAT Loss Control Specialist Dewayne R. and Claims Analyst Mark H. join host Nicole K. to discuss the …

Posted: Nov 23, 2025

US Auto Insurance Faces Affordability Crisis

Insurance Thought Leadership

US Auto Insurance Faces Affordability Crisis Auto Insurance ClareCarroll1

Posted: Nov 22, 2025

Looking out for Life’s latest

coverager

The ads follow different life scenes to show how Sara Assicurazioni and Sara Vita act as consistent support partners across a range of products.

Posted: Nov 22, 2025

World Insurance Associates acquires Mossbrook & Hicks

coverager

The agency serves both personal and commercial clients.

Posted: Nov 22, 2025

Willis teams with NATS on aviation risk and resilience services

coverager

NATS provides air traffic control services, while Willis brings risk and resilience advisory capabilities.

Posted: Nov 22, 2025

Primerica sues Osaic for $50 million

coverager

At the center of the allegations is Osaic's use of large, forgivable-loan recruiting packages that Primerica frames as "lucrative bounty" payments.

Posted: Nov 22, 2025

Insurers Face an AI Talent Gap

Insurance Thought Leadership

Insurers Face an AI Talent Gap Talent Gap

Posted: Nov 21, 2025