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Insurance broker Willis, a WTW business, has significantly expanded its Japanese Corporate Risk & Broking team, emphasising its commitment to the Japanese market. For the first nine months of 2025, Willis has hired 22 new professionals across...
Posted: Aug 26, 2025
Milliman, Inc., a consulting and actuarial firm, has released the latest update from its Milliman Pension Buyout Index (MPBI). In July, the estimated cost of transferring retiree pension obligations to an insurer through competitive bidding edged...
Posted: Aug 26, 2025
Insurance Business Magazine - US
Posted: Aug 26, 2025
A U.S. railroad industry plan to rely more heavily on technology instead of humans to conduct routine track safety inspections has drawn a backlash from labor groups and lawmakers who voiced worry that automated inspections will result in more accide...
Posted: Aug 26, 2025
The patient with the first human infestation of travel-associated New World screwworm in the United States has recovered from the flesh-eating parasite, and there was no sign of transmission to other people or animals, the Maryland Department of Heal...
Posted: Aug 26, 2025
Australian insurer QBE has appointed Stephen Geisler as Chief Executive Officer (CEO) of South Asia and Ross Bethell as Head of Partnerships for its Asia business. The pair will be based in Singapore and report to Rob Kosova, CEO of QBE Asia. Geis...
Posted: Aug 26, 2025
The African Reinsurance Corporation (Africa Re) reported a solid net underwriting result of $54.35 million for the first half of 2025, with a combined ratio of 89.18%, up from 87.54% in the same period a year prior. The company noted that its soli...
Posted: Aug 26, 2025
Independent specialist re/insurance broker Miller has announced the appointment of Paul Cumberland as Chief Broking Officer, a newly created global role. In his new role, Cumberland will report directly to James Hands, Group CEO. He will leverage...
Posted: Aug 26, 2025
Fitch Ratings has reported that the eight Bermuda re/insurers it rates experienced declines in underwriting profitability and net earnings in H1 2025, though results remained strong overall, as premium growth slowed in a softening market environme...
Posted: Aug 26, 2025
CyberCube, a provider of cyber risk analytics, has partnered with Supercede, the reinsurance technology platform, to power faster, smarter cyber reinsurance placements. The strategic partnership allows brokers and carriers to send high-quality, st...
Posted: Aug 26, 2025
Global legacy re/insurance specialist Enstar has launched Scaur Hill Re Ltd., its first casualty reinsurance sidecar funded by a small group of third-party institutional investors providing $300 million in capacity, as reported by Artemis, our ins...
Posted: Aug 26, 2025
Novatae Risk Group, a wholesale insurance brokerage, managing general agency, and program manager, has appointed Nick Greggains as its new Chief Executive Officer, succeeding Richard Kerr, who left the firm effective August 22nd, 2025. Kerr served...
Posted: Aug 26, 2025
Europe’s four largest reinsurers – Swiss Re, Munich Re, Hannover Re and SCOR – are maintaining their appetite for property-catastrophe risks as well as their ambitious profit targets for 2025 – despite signs of rate softening and hefty claims f...
Posted: Aug 26, 2025
Insurance Business Magazine - US
Posted: Aug 26, 2025
Global property and casualty reinsurers turned in solid results in the first half of 2025 despite facing record-breaking catastrophe losses, according to a new report from Morningstar DBRS, a credit rating agency and research provider. The firm no...
Posted: Aug 26, 2025
Elon Musk accused Apple Inc. and OpenAI in a lawsuit of unfairly favoring the artificial intelligence company across iPhones and thwarting competition for other chatbot makers. Musk’s X and xAI seek billions of dollars in damages in the suit fi...
Posted: Aug 26, 2025
French re/insurer SCOR is seeking to restructure its legal entity framework in the Asia Pacific region to create a more agile and efficient organisation. This aligns with the company’s strategic plan, as it aims to align services to further...
Posted: Aug 26, 2025
Intact Insurance Specialty Solutions, a provider of property and casualty (P&C) and global specialty insurance, has appointed Tony Beal as Chief Distribution Officer for the U.S., effective September 1st, 2025. Based in Cincinnati, Ohio, Beal...
Posted: Aug 26, 2025
A newly established, Florida property insurance-focused managing general agent (MGA), Crestwell Underwriters, LLC, has launched with significant capital support from Bain Capital. Initially, Crestwell will offer admitted, property-only insurance f...
Posted: Aug 26, 2025
Rapid falls in the level of the Caspian Sea are affecting ports and oil shipments and threatening to inflict catastrophic damage on sturgeon and seal populations, according to Azerbaijani officials. The Caspian, the world’s largest salt lake, h...
Posted: Aug 26, 2025
Japan’s financial regulator plans to set up a division to oversee the asset management and insurance industries, as part of its efforts to drive improvements in the sectors. The new bureau would seek to advance the government’s goal of tu...
Posted: Aug 26, 2025
S&P Global Ratings, a provider of independent credit ratings and financial analysis, has upgraded The Hartford Insurance Group and its core subsidiaries, citing consistent results and stronger capital resiliency. The Hartford, a US insurer kno...
Posted: Aug 26, 2025
Jazwares, the Berkshire Hathaway-owned maker of Squishmallows, has agreed to end a lawsuit against Build-A-Bear Workshop over its alleged knockoffs of the popular plush toys, according to a filing in Los Angeles federal court. Jazwares and Build-A-Be...
Posted: Aug 26, 2025
Kraft, Mondelez, Coca-Cola and several other major food companies on Monday succeeded in winning the dismissal of a lawsuit that accused them of designing harmful “ultra-processed” foods addictive to children. U.S. District Judge Mia Pere...
Posted: Aug 26, 2025
Investigators with the North Carolina Department of Insurance searched an insurance agency and a home in Salisbury after reports that insurance premiums had not been used to secure policies. “The N.C. Department of Insurance has received severa...
Posted: Aug 26, 2025
California’s long-delayed high-speed rail project could be operating in the Central Valley by 2032, but it is far short of securing the funding it needs to connect up north toward the San Francisco Bay Area and south toward Los Angeles, …
Posted: Aug 26, 2025
Collaborative underwriting carrier Emerald Bay Risk Solutions has expanded its leadership team with the appointments of Matthew Moore as Chief Financial Officer (CFO) and Sarah Anyieth as Chief Operating Officer (COO), effective immediately. Moore...
Posted: Aug 26, 2025
The California Labor Commissioner’s Office issued citations totaling more than $2.3 million to multiple developers and operators of construction projects at sites in Los Angeles. The citations stem from an investigation that reportedly showed t...
Posted: Aug 26, 2025
False reports of active shooters at Villanova University and the University of Tennessee at Chattanooga on Thursday led to panic and temporary lockdowns at the two campuses as they kicked off their fall semesters. In Pennsylvania someone called 911 a...
Posted: Aug 26, 2025
Federal inspectors will assume direct oversight of a troubled Boar’s Head deli meat plant when it reopens after last year’s deadly listeria outbreak, U.S. Agriculture Department officials said. The Jarratt, Virginia, factory is set to res...
Posted: Aug 26, 2025
President Donald Trump’s administration is considering imposing sanctions on European Union or member state officials responsible for implementing the bloc’s landmark Digital Services Act, two sources familiar with the matter said, over U...
Posted: Aug 26, 2025
A Washington-based staffing and recruiting agency is paying $217,500 after failing to hire a Muslim job applicant after he asked about a religious accommodation to attend Friday prayer. The company, Logic Staffing, also agreed to provide other relief...
Posted: Aug 26, 2025
Diplomats in Southeast Asia were targeted in a cyber-espionage campaign earlier this year, likely waged in support of operations aligned with the strategic interests of China, according to Google. The attacks, using social engineering and malware dis...
Posted: Aug 25, 2025
Gain Life is backed by MassMutual and General Catalyst.
Posted: Aug 25, 2025
John Hendrickson will step down from his position as Chief Executive Officer.
Posted: Aug 25, 2025
The coverage provides travelers with automatic reimbursements when sustained winds disrupt outdoor trips and activities.
Posted: Aug 25, 2025
Church Mutual is a Wisconsin-based insurer specializing in coverage for religious organizations, nonprofits, schools, and senior living facilities.
Posted: Aug 25, 2025
Crestwell will offer admitted, property-only insurance for condominium associations based in Florida.
Posted: Aug 25, 2025
The company is offering more consumers greater choice to match their individual needs and budgets.
Posted: Aug 25, 2025
By utilizing ePayPolicy’s new feature, FIRST’s customers can now enroll in financing – complete with e-signed premium finance agreements and automatic payments – in a single online session.
Posted: Aug 25, 2025
Commercial lines raters have the power to speed up quoting, reduce data entry, and win more clients
Posted: Aug 25, 2025
A recently discovered data breach may impact more than one million customers of Farmers Insurance, warned a recent notification to Maine’s Attorney General. Farmers Insurance Exchange, Farmers Group, Inc. (its attorney-in fact), and their subsi...
Posted: Aug 25, 2025