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BBC Apologizes to Trump, Says No Basis for Defamation Claim

Insurance Journal

The British Broadcasting Corp. issued a formal apology to Donald Trump on Thursday over the misleading edit of the US president’s speech in a documentary program late last year, but rejected his demands for compensation. BBC Chairman Samir Shah...

Posted: Nov 14, 2025

Donna Cowell appointed Head of Reinsurance for L&G’s Retail business

Reinsurance News

Legal & General’s (L&G) Retail business, a UK provider of retirement and protection solutions, has announced the appointment of Donna Cowell to the newly created role of Head of Reinsurance, UK Protection. In this role, Cowell will work ac...

Posted: Nov 14, 2025

BBVA Hires Adviser to Review Bancassurance Partnership in Turkey

Insurance Journal

BBVA SA is reviewing its insurance partnership in Turkey as its current agreement with Eureko Sigorta AS is set to expire, according to people familiar with the matter. BBVA is considering various options including a new partnership for its local &#8...

Posted: Nov 14, 2025

BHP Liable for 2015 Brazil Dam Collapse, UK Court Rules, in Mammoth Lawsuit

Insurance Journal

BHP is liable for the 2015 collapse of a dam in southeastern Brazil, London’s High Court ruled on Friday, in a lawsuit the claimants’ lawyers previously valued at up to 36 billion pounds ($48 billion). Hundreds of thousands of Brazilians,...

Posted: Nov 14, 2025

Kansas County to Pay $3M and Apologize Over a Raid on a Small-Town Newspaper

Insurance Journal

TOPEKA, Kan. (AP) — A rural Kansas county has agreed to pay a little more than $3 million and apologize over a law enforcement raid on a small-town weekly newspaper in August 2023 that sparked an outcry over press freedom. …

Posted: Nov 14, 2025

Somerset Re CEO Danish Iqbal joins BILTIR’s Board of Directors

Reinsurance News

Somerset Re CEO, Danish Iqbal, has been appointed to the Bermuda Long Term Insurers and Reinsurers (BILTIR) Board of Directors, effective November 1, 2025. Iqbal, who recently returned to Somerset Re, has held a variety of senior roles in the life...

Posted: Nov 14, 2025

Precision Agriculture

Risk & Insurance

Preventative technology could have a profound impact on agriculture. The post Precision Agriculture appeared first on Risk & Insur...

Posted: Nov 14, 2025

Chevron Picks Texas for First AI Data Center Power Project

Insurance Journal

Chevron Corp. chose West Texas as the site of its first project to provide natural gas-fired power to a data center, the beginning of a new line of business for the oil giant to capitalize on the boom in artificial …

Posted: Nov 14, 2025

Antares Global appoints Andy Bridgwood and Chris Early as joint Class Cargo Underwriters

Reinsurance News

Antares Global, a specialist Lloyd’s syndicate known for providing tailored marine, aviation, and property insurance solutions, has strengthened its leadership team with the promotion of Andy Bridgwood and Chris Early to joint Class Cargo Underwri...

Posted: Nov 14, 2025

Antares Global names Andy Bridgwood and Chris Early as joint Class Cargo Underwriters

Reinsurance News

Antares Global, a specialist Lloyd’s syndicate known for providing tailored marine, aviation, and property insurance solutions, has strengthened its leadership team with the promotion of Andy Bridgwood and Chris Early to joint Class Cargo Underwri...

Posted: Nov 14, 2025

Allianz reports highest 9M operating profit ever in 2025

Reinsurance News

Amid sustained, broad-based momentum across its businesses, Allianz has reported an operating profit of €13.1 billion for the first nine months of 2025, its highest nine-month result on record and equivalent to 82% of the midpoint of its full-year...

Posted: Nov 14, 2025

Wisconsin Man Pleads No Contest for Attempting to Burn Down Congressman’s Office

Insurance Journal

A Wisconsin man accused of trying to burn down a congressman’s office earlier this year because he was upset over the federal TikTok ban has pleaded no contest to felony arson. Caiden Stachowicz, 20, of Menasha, entered the plea Monday …

Posted: Nov 14, 2025

Mesirow opens office in Geneva

coverager

Mesirow is a Chicago-based employee-owned financial services firm.

Posted: Nov 14, 2025

Aspen reports improved Q3’25 CoR of 86.8% as underwriting result rises to $94.4m

Reinsurance News

Bermuda-domiciled insurer and reinsurer, Aspen Insurance Holdings, has reported a combined ratio of 86.8% for the third quarter of 2025, an improvement of 8.4 percentage points from the 95.2% achieved in the same period last year. This improved co...

Posted: Nov 14, 2025

Upstream profitability and downstream losses shape 2026 insurance outlook: WTW

Reinsurance News

Insurance buyers are set to remain in a strong negotiating position for both cost and coverage as the market moves into 2026, according to the Energy Market Review Update published by Willis, a WTW business. Willis reports that the upstream energy...

Posted: Nov 14, 2025

Congressional THC Ban Threatens Texas’ $8 Billion Hemp Industry

Insurance Journal

As part of the spending deal to end the government shutdown, federal lawmakers approved a provision cracking down on hemp products containing THC, restoring a ban Texas Republicans sought to impose earlier this year. The funding package, passed by th...

Posted: Nov 14, 2025

Young Supercar Collectors Aren’t Afraid to Risk Their Investments

Insurance Journal

Jack Morris treasures his 2009 Lamborghini Murcielago LP 640. But it’s not always easy to love. “It’s huge, it’s heavy, it’s clunky, you can’t see out of it,” says the 24-year-old of the orange V-12. “O...

Posted: Nov 14, 2025

Pen Underwriting enters renewable energy market

Reinsurance News

Pen Underwriting, a multi-class, multi-territory managing general agent (MGA), has launched a new risk management-led insurance product serving the needs of the waste-to-energy anaerobic digestion (AD) industry, thereby entering into the renewable...

Posted: Nov 14, 2025

Big Russian Port Operator Says its Systems Were Targeted by Foreign Hackers

Insurance Journal

Russia’s Port Alliance group, which operates a network of sea cargo terminals, said on Thursday that foreign hackers had targeted its systems over three days in a distributed denial of service (DDoS) attack and an attempted hack. It said in &#8...

Posted: Nov 14, 2025

Aviva’s General Insurance premiums rise 12% to £10bn in 9M’25

Reinsurance News

British insurer Aviva reported General Insurance premiums of £10 billion in the first nine months of 2025, up 12% from £9.1 billion in the same period a year earlier. By region, UK & Ireland General Insurance premiums increased 17% to £6.7 bil...

Posted: Nov 14, 2025

AI Is Writing Performance Reviews. What Could Go Wrong?

Insurance Journal

JPMorgan Chase & Co.’s decision to let managers use artificial intelligence for help writing performance reviews stands to bring relief to one of bosses’ most dreaded annual tasks. It also raises questions as to whether bot-written re...

Posted: Nov 14, 2025

Swiss Re’s Group net income rises 85% as P&C reinsurance delivers 77.6% CoR

Reinsurance News

Swiss Re, one of Europe’s big four reinsurers, recorded net income of more than $4 billion for the first nine months of 2025, an increase of 85% on the prior year’s $2.2 billion, as the property and casualty (P&C) reinsurance resul...

Posted: Nov 14, 2025

AM Best Revises Outlooks to Positive for Members of Kansas Medical Mutual Group

Insurance Journal

AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Ratings of “bbb+” (Good) of Kansas Medical Mutual Insurance Company and its subsidiary, KAMM...

Posted: Nov 14, 2025

SCOR’s Daniel Duesterhaus joins the Ruschlikon ePlacing Steering committee

Reinsurance News

Ruschlikon, a global community of insurers, brokers and reinsurers powered by ACORD, has announced that Daniel Duesterhaus of SCOR has joined its ePlacing Steering Committee, bringing deep expertise in underwriting innovation and broker partnershi...

Posted: Nov 14, 2025

Carbon Dioxide Emissions Are Set to Reach a New High This Year

Insurance Journal

Global carbon dioxide emissions from fossil-fuel use will reach a record high this year despite countries’ pledges to begin lowering their climate pollution. Emissions are projected to hit 38.1 billion tons, a rise of 1.1% compared to last year...

Posted: Nov 14, 2025

PwC: Insurance Execs Say Agentic AI Leading Industry Transformation

Insurance Journal

More than half of insurance executives say generative and agentic artificial intelligence are the technological investments that will have the most transformative impact on the industry over the next three years, according to PwC. The professional se...

Posted: Nov 14, 2025

Parkland Shooting Wasn’t Multiple Incidents With Multiple Deductibles, Court Says

Insurance Journal

In an age of frequent mass shootings, insurers cannot escape coverage by arguing that each pull of the trigger was a “separate occurrence” unless the policy unambiguously says so, a federal appeals court held this week in a case stemming...

Posted: Nov 14, 2025

Markets & Coverages: Plymouth Rock, North Jersey Chamber Partner on Affinity Program

Insurance Journal

Auto and home insurer Plymouth Rock Assurance announced an affinity program with the North Jersey Chamber of Commerce (NJCC) offering personal auto and home insurance discounts to all NJCC members and their employees in New Jersey. Greg Kalinsky, pre...

Posted: Nov 14, 2025

Markets/Coverages: Plymouth Rock, North Jersey Chamber Partner on Affinity Program

Insurance Journal

Auto and home insurer Plymouth Rock Assurance announced an affinity program with the North Jersey Chamber of Commerce (NJCC) offering personal auto and home insurance discounts to all NJCC members and their employees in New Jersey. Greg Kalinsky, pre...

Posted: Nov 14, 2025

New Jersey Settles 2, Initiates 5 New Environmental Enforcement Lawsuits

Insurance Journal

New Jersey officials announced five new environmental enforcement actions in communities considered overburdened under New Jersey’s Environmental Justice Law and the settlement of two previous environmental justice lawsuits. The latest lawsuits...

Posted: Nov 14, 2025

Dangerous Car Chase Went 170 Miles Through 4 California Counties

Insurance Journal

In Southern California, where police pursuits are common, this was one for the books. A suspect in an allegedly stolen minivan led authorities on a two-hour, 170-mile (274-kilometer) chase through four counties Monday that ended with her escaping int...

Posted: Nov 14, 2025

Former Police Officer Pleads Guilty to Mistreating Prisoner

Insurance Journal

A former Connecticut police officer accused of mistreating prisoner Richard “Randy” Cox after he was paralyzed in the back of a police van pleaded guilty to a misdemeanor Wednesday and received no jail time, while three other officers cho...

Posted: Nov 14, 2025

ShoreOne expands residential homeowners policy with flood coverage to Rhode Island

Reinsurance News

ShoreOne Insurance Managers, Inc., a provider of specialised insurance solutions for homeowners and agencies, has launched its residential homeowners policy in Rhode Island, now including comprehensive flood insurance coverage. The policy combines...

Posted: Nov 14, 2025

Pennsylvania Moves to Exit Regional Carbon-Trading Market

Insurance Journal

Democratic Pennsylvania Governor Shapiro signed into law a bill to exit a regional market meant to cut greenhouse gas emissions, just over three years after the state joined the initiative to flight climate change. Both chambers of the state legislat...

Posted: Nov 14, 2025

N2G Deploys Insurity Platform to Modernize Policy Operations

IIR

The insurer has gone live on Policy Decisions Evolution to enhance efficiency, automation, and scalability.

Posted: Nov 13, 2025

DUAL North America Adopts ZestyAI’s Storm Model for U.S. Growth

IIR

The insurer will use Z-STORM to enhance hail and wind risk underwriting as it expands across storm-prone regions.

Posted: Nov 13, 2025

Cytora Integrates Topograph KYB Data to Enhance Risk Processing

IIR

The partnership embeds real-time company register data into Cytora’s platform to support underwriting and regulatory compliance.

Posted: Nov 13, 2025

Adaptive Insurance Brings Parametric Resilience Products to Market

IIR

Adaptive Insurance offers short-duration parametric coverage to help businesses and households access rapid post-event capital when traditional policies fall short.

Posted: Nov 13, 2025

ITC Briefing: CLARA Analytics Puts Responsible AI to Work in Claims

IIR

CEO Heather H. Wilson says explainable AI is turning adjusters into “superheroes” and delivering measurable ROI.

Posted: Nov 13, 2025

NFIP Reauthorized With Passage of Funding Bill to End Government Shutdown

Insurance Journal

The National Flood Insurance Program (NFIP) has been reauthorized until the end of January 2026. With the passage of HR 5371, which ended the 43-day shutdown of the federal government, NFIP was temporarily extended until Jan. 30, 2026. The program &#...

Posted: Nov 13, 2025

People Moves: TWFG Announces Leadership Appointments

Insurance Journal

TWFG Insurance announced a series of leadership appointments, which it said are designed to accelerate the company’s growth and strengthen its position for continued industry innovations. Katherine Nolan, who has served as Chief Operating Offic...

Posted: Nov 13, 2025