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The 60,000 men and women responsible for keeping American skies safe have gone unpaid throughout the government shutdown. Without a funding agreement soon, many will be forced to dip into savings, rack up credit-card debt, or take on part-time jobs &...
Posted: Oct 22, 2025
North Carolina Insurance Commissioner Mike Causey this week called for more state and federal assistance after multiple homes on the Outer Banks have collapsed into the ocean in the last two months. “I am urging our Congressional delegation to...
Posted: Oct 22, 2025
As the pension risk transfer market evolves and grows increasingly competitive, member experience has become a defining factor for trustees when selecting insurers for buy-in and buy-out transactions, according to pensions and financial services c...
Posted: Oct 22, 2025
Insurance Business Magazine - US
Posted: Oct 22, 2025
Insurance Business Magazine - US
Posted: Oct 22, 2025
Posted: Oct 22, 2025
Posted: Oct 22, 2025
Apple Inc. lashed out at the European Union’s attempts to tame the power of Silicon Valley in the most far-reaching legal challenge of the bloc’s Big Tech antitrust rules. The iPhone maker’s lawyer Daniel Beard told the General Cour...
Posted: Oct 22, 2025
The US saw more than $101 billion in losses from severe storms and fires in the first half of 2025, setting a record. That’s according to a database of billion-dollar disasters that a nonprofit has re-launched since the Trump administration ...
Posted: Oct 22, 2025
Gus Katsuras has joined risk and reinsurance advisory firm Guy Carpenter as a Managing Director, based in Toronto. Katsuras will leverage his extensive experience in account executive roles, combining client management with new business developmen...
Posted: Oct 22, 2025
The recent 15-hour or so outage at Amazon Web Services (AWS) again raised questions about the potential for systemic loss to the cyber insurance market, but losses from the temporary lapse in cloud services is not likely to be catastrophic. …
Posted: Oct 22, 2025
Colorado’s Insurance regulator is warning consumers and insurers about trend in auto shops in the state offering to waive deductibles. “The Division has become aware that certain auto repair shops in Colorado are advertising or engaging i...
Posted: Oct 22, 2025
AM Best, the credit rating agency, reports that Argentina remains a challenging environment for insurers despite major regulatory reforms. High inflation, currency depreciation, and investment uncertainty continue to pressure solvency ratios and c...
Posted: Oct 22, 2025
This is part of the insurer's "Invest in Europe" strategy.
Posted: Oct 22, 2025
Catastrophe Bonds’ Huge Market Gains Put Reinsurers on Backfoot The seemingly unstoppable ri...
Posted: Oct 22, 2025
ICAT, owned by The Schinnerer Group, is a Broomfield-based, catastrophe-focused underwriter founded in 1998.
Posted: Oct 22, 2025
Stonetrust is a workers’ compensation and employers’ liability insurer.
Posted: Oct 22, 2025
It’s not the Liberty Bowl, but the Music City Bowl in Nashville that Liberty Mutual Insurance is sponsoring this year, giving the insurance carrier more branding exposure in a Dec. 30 matchup between Southeastern Conference and Big Ten football...
Posted: Oct 22, 2025
As property insurance and reinsurance markets soften, Evan Greenberg, Chairman and Chief Executive Officer (CEO) of global insurer Chubb, emphasised that the firm is not going to chase property catastrophe reinsurance business unless it is priced...
Posted: Oct 22, 2025
The U.S. Supreme Court declined on Monday to hear a bid by a group of physicians and healthcare providers to revive their antitrust lawsuit accusing drugmaker Merck of misleading federal regulators to maintain a decades-long monopoly over the mumps v...
Posted: Oct 22, 2025
Recent incidents in Australia highlight how poor oversight of AI tools can lead to costly errors and privacy violations, Lockton exec says. The post
Posted: Oct 22, 2025
Australia has ordered four artificial-intelligence chatbot companies to explain their measures to protect children from exposure to sexual or self-harm material, as its internet regulator beefs up safety measures on the AI front. The realistic conver...
Posted: Oct 22, 2025
Gallagher, the global insurance and reinsurance broking group, has appointed Corey Tidey as Head of Natural Resources – Executive Director. Tidey brings nearly 15 years of industry experience, with deep expertise in construction and energy re/insu...
Posted: Oct 22, 2025
In a new Security Incident Report (SIR) created following the Amazon Web Services (AWS) outage, CyberCube, a provider of cyber risk analytics for the re/insurance industry, highlights the systemic risk from concentrated cloud-provider dependencies...
Posted: Oct 22, 2025
A hit-and-run driver slammed into an outdoor birthday party in suburban Washington, D.C., killing a woman and injuring eight kids on Saturday evening, police said. Thirteen people were hurt in the the crash in Bladensburg, Maryland, according to stat...
Posted: Oct 22, 2025
Insurance Business Magazine - US
Posted: Oct 22, 2025
Inflation, Supply Chains, Tariffs: Trends Impacting Business Insurance and Claims Inflation...
Posted: Oct 22, 2025
In a new response paper refining its proposed updates to the general insurance reinsurance framework, the Australian Prudential Regulation Authority (APRA) has outlined plans to enhance access to alternative reinsurance arrangements while safeguar...
Posted: Oct 22, 2025
This edition of International People Moves details appointments at insurtech BOXX Insurance and HDI Global. A summary of these new hires follows here. Zurich’s BOXX Insurance Names Key Appointments in Distribution, Underwriting, Claims BOXX Ins...
Posted: Oct 22, 2025
Insurance broker Willis, a WTW business, has established a newly created Forensic Accounting & Valuation Services team, expanding its valuation capabilities globally. The firm has made key senior leadership appointments and globally rebranded...
Posted: Oct 22, 2025
Swiss Re, the reinsurance company based in Zurich, reports that demographic changes are set to transform the life insurance industry over the coming decades. In its latest sigma publication, the company highlights that by 2050, around one quarter...
Posted: Oct 22, 2025
Global insurer AIG has announced the appointment of Christophe Letondot as Global Head of Credit Lines. Letondot is returning to AIG bringing over three decades of international experience across insurance, banking, and capital markets. In his new...
Posted: Oct 22, 2025
Casualty-focused MGA Casper Specialty UK Limited has launched Tundra Specialty, a new offering dedicated to the niche renewable energy sector, which will be led by Matthew Melville, who was most recently founder and CEO of Albus, part of Ryan Spec...
Posted: Oct 22, 2025
Chinese internet giant Baidu Inc. and a Swiss Post subsidiary will start autonomous vehicle testing in Switzerland by the end of this year as they seek to launch the world’s first robotaxis without steering wheels to the public in 2027. …
Posted: Oct 22, 2025
Citing Q3 2025 licensing statistics from the Cayman Islands Monetary Authority (CIMA), the Insurance Managers Association of Cayman (IMAC) reported continued growth in the jurisdiction’s international insurance sector, with 32 new international in...
Posted: Oct 22, 2025
Insurance Business Magazine - US
Posted: Oct 22, 2025
Thieves who staged a daring daylight heist at the Louvre museum in Paris made off with jewels worth an estimated 88 million euros ($102.63 million), Paris public prosecutor Laure Beccuau said on Tuesday. “It is important to remember that this &...
Posted: Oct 22, 2025
Large insurer Chubb has reported record property and casualty (P&C) underwriting income of $2.26 billion, representing a 55% year-on-year increase, for the third quarter of 2025, with a combined ratio of 81.8%, compared with underwriting profi...
Posted: Oct 22, 2025
The UK plans to make it easier to fine water companies that harm the environment, ramping up pressure on firms blamed for chronic sewage spills. The government wants to allow the Environment Agency to impose “quicker penalties of up to …
Posted: Oct 22, 2025
In an interview with Reinsurance News, Dani Katz, Co-founder and Director of software provider Optalitix, said reinsurers are at a pivotal point — with abundant capital, complex risks, and an urgent need for faster, data-driven pricing — noting th...
Posted: Oct 22, 2025
The August hack of Jaguar Land Rover (JLR), owned by India’s Tata Motors, cost the British economy 1.9 billion pounds ($2.55 billion) and affected over 5,000 organizations in the country, an independent cybersecurity body said in a report publi...
Posted: Oct 22, 2025
Bermuda-domiciled insurer and reinsurer Everest Group has appointed Anthony Vidovich as Executive Vice President (EVP) and General Counsel, effective on or before January 5th, 2026. He succeeds Ricardo Anzaldua, who, as previously announced, will...
Posted: Oct 22, 2025