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Lockton Re names Aon’s Mozum Khan as Global Head of Property Innovation & Solutions

Reinsurance News

Lockton Re, the reinsurance business of insurance broker Lockton, has appointed Mozum Khan to the newly established role of Global Head of Property Innovation & Solutions, based in Dubai. Most recently, Khan served as Managing Director of Anal...

Posted: Nov 12, 2025

Michigan Attorney General Urges Lawmakers to Strengthen Anti-Terrorism Law

Insurance Journal

Michigan Attorney General Dana Nessel and Deputy Solicitor General Eric Restuccia testified before the Senate Civil Rights, Judiciary, and Public Safety Committee last week in support of a bill that would strengthen the state’s anti-terrorism l...

Posted: Nov 12, 2025

UK to Ban Maritime Services for Russian LNG Exports

Insurance Journal

Britain plans to ban companies from providing services such as shipping and insurance for Russian liquefied natural gas exports, in its latest attempt to help Ukraine in its war against Russia by trying to choke off Kremlin revenue. In October, &#823...

Posted: Nov 12, 2025

Rising Pirate Attacks off Somalia Endanger Key Trade Route

Insurance Journal

Instability in Yemen and the Horn of Africa is fueling a resurgence in maritime piracy off Somalia, a cause for concern in one of the world’s busiest shipping corridors. At least three recorded incidents have taken place off the Horn …

Posted: Nov 12, 2025

Australia Spy Chief Warns of China Hackers Probing Networks

Insurance Journal

Australia’s spy chief has accused hackers working for China’s government of probing his nation’s communications and infrastructure networks. In a speech to a financial regulation conference on Wednesday in Melbourne, Mike Burgess, d...

Posted: Nov 12, 2025

HDI Global appoints John Morrell as Head of Energy & Power Underwriting Middle East

Reinsurance News

Corporate & Specialty lines insurer HDI Global has announced the appointment of John Morrell as the new Head of Energy & Power Underwriting Middle East, within its cross-divisional Energy & Power Unit, effective 1 December, 2025. Based...

Posted: Nov 12, 2025

China Prepares to Bring Home 3 Astronauts Stranded After Collision With Space Debris

Insurance Journal

China has activated emergency plans for three astronauts who are stuck in space after debris crashed into their spacecraft. A safety assessment and other analysis of the Shenzhou-20 spaceship are being organized, the China Manned Space Engineering Of...

Posted: Nov 12, 2025

Hurricane Melissa Shows How Quickly Climate Change Is Outstripping Defenses

Insurance Journal

Jamaica has invested tens of millions of dollars in bolstering coastal defenses by planting mangroves, building seawalls and strengthening urban infrastructure. It wasn’t close to enough to withstand Hurricane Melissa’s 185-mile-an-hour w...

Posted: Nov 12, 2025

Cyberattack Cripples Asahi Operations, Lifts Rival Brewers

Insurance Journal

As Japan gears up for its busiest beer-drinking season, the country’s largest brewer is struggling to stay on tap — with its systems still crippled more than a month after a cyberattack disrupted its supply chain. The ransomware attack on &#823...

Posted: Nov 12, 2025

Texas Voters Rank Rising Homeowners’ Insurance Costs as Top Concern

Insurance Journal

The rising cost of homeowners’ insurance has emerged as of the top key issues in the minds of Texas voters, according to a recent survey conducted by Texas 2036. When asked about the next election, Texas voters ranked homeowners’ insuranc...

Posted: Nov 12, 2025

Accenture invests in Lyzr to accelerate agentic AI adoption in financial services

Reinsurance News

Accenture, a professional services company specialising in digital transformation, cloud, and artificial intelligence, has announced an investment in Lyzr, an AI innovator that has built a comprehensive enterprise agent infrastructure platform. Ma...

Posted: Nov 12, 2025

Michigan Insurance Agent Charged with Embezzling Funds from Municipalities

Insurance Journal

A Michigan insurance agent was arraigned on Oct. 31 in Oakland County District Court for allegedly forging letters from his insurance clients to embezzle funds, announced Michigan Attorney General Dana Nessel. Robert Joseph Bucko, 70, of Novi, allege...

Posted: Nov 12, 2025

Reuters EXCLUSIVE: Shell Challenges NY Arbitration Loss on Venture Global LNG

Insurance Journal

Shell has challenged its defeat in an arbitration case against U.S. liquefied natural gas producer Venture Global in the New York Supreme Court, a legal filing seen by Reuters shows, weeks after rival BP won a similar $1 billion-plus arbitration. &#8...

Posted: Nov 12, 2025

Alliant Acquires Texas’ Highpoint

Insurance Journal

Alliant Insurance Services has expanded its footprint in Texas with the strategic acquisition of Highpoint Insurance Group, a multi-line broker located in Friendswood. Highpoint Insurance Group, with 44 employees, will operate as Alliant following th...

Posted: Nov 12, 2025

Mobile Lounge Crash Into Dock at Dulles Airport Injures 18 People

Insurance Journal

A vehicle transporting passengers at a Washington, D.C.-area airport hit a dock at the building Monday afternoon, sending 18 people to the hospital, according to officials. A mobile lounge, which transports passengers between the terminal and aircraf...

Posted: Nov 11, 2025

New York City Firefighter Dies After Responding to a Five-Alarm Blaze

Insurance Journal

New York City firefighter died Saturday after suffering a medical episode while battling a five-alarm fire at a Brooklyn apartment building, authorities said. Patrick D. Brady, 42, went into cardiac arrest while working on the roof of the six-story b...

Posted: Nov 11, 2025

Mutual Benefit Group Expands Claims Payment Options with One Inc

IIR

The Pennsylvania-based P&C carrier now offers digital disbursements through One Inc’s payments platform.

Posted: Nov 11, 2025

ITC Briefing: Carpe Data’s Scot Barton on Speed, Scale, and Smarter Claims

IIR

The data innovator’s Chief Product Officer discusses fraud detection, automation, and AI’s growing role in property/casualty insurance.

Posted: Nov 11, 2025

Public Insurance Broker Performance Trends and the Impact on M&A 

IA Magazine

2025 has told a tale of two very different market realities for public brokers. Here’s what that means for agency mergers & acquisitions.

Posted: Nov 11, 2025

Privacy Litigation Risk Grows ‘Substantially,’ According to Coalition Report

IA Magazine

Lawsuits over how businesses collect and use data have surged, driven largely by aggressive plaintiff’s attorneys leveraging decades-old privacy laws in modern contexts.

Posted: Nov 11, 2025

United Airlines Seeks to End Lawsuit Over Windowless ‘Window Seats’

Insurance Journal

United Airlines has asked a federal judge to dismiss a lawsuit claiming it unfairly charged passengers extra money to sit in “window seats” that, to their surprise, lacked windows. Passengers filed proposed class actions in August against...

Posted: Nov 11, 2025

The Beans raises $5.4 million

coverager

The Beans offers an AI-powered financial operating system that automates savings, debt management, and tax optimization.

Posted: Nov 11, 2025

Transamerica launches universal life with instant-decision underwriting

coverager

The company recently announced its integration with AgentSync.

Posted: Nov 11, 2025

Beneva launches “Rebuild Better”

coverager

The new home insurance feature helps policyholders rebuild more sustainably following a loss.

Posted: Nov 11, 2025

Stewart to acquire Mortgage Contracting Services

coverager

The move marks Stewart’s expansion into property preservation.

Posted: Nov 11, 2025

Aon launches Claims Copilot

coverager

The platform will launch in Germany first.

Posted: Nov 11, 2025

Ambac Financial Group rebrands as Octave Specialty Group

coverager

The rebrand follows the sale of the company’s legacy financial guarantee business.

Posted: Nov 11, 2025

EverQuote eyes $1 billion revenue milestone

coverager

Filer is a Miami-based insurance agency founded in 1919. 

Posted: Nov 11, 2025

Brilliance in Focus: Workers’ Comp Power Broker Monica Adwani

Risk & Insurance

Breezy Seguros' CEO Monica Adwani emphasizes empathy, communication, and cultural sensitivity in insurance. The post Brilliance in Focus: Wo...

Posted: Nov 11, 2025

ABIR members’ contribution to Bermuda’s local economy tops $1.2bn

Reinsurance News

Member companies of the Association of Bermuda Insurers and Reinsurers (ABIR) set a new benchmark in 2024, contributing $1,210,566,922 to Bermuda’s economy, and employing a record number of Bermudians, according to the association’s 20th Ann...

Posted: Nov 11, 2025