All Posts
PHLY Makes Largest Acquisition in Its History With Collector Car Business Expansion Philadelphia I...
Posted: Nov 03, 2025
Buffett’s Berkshire Cash Hits $382 Billion, Earnings Soar Berkshire Hathaway...
Posted: Nov 03, 2025
Connecticut’s insurance regulator has approved an industry filing that will lower workers’ compensation rates beginning January 1, 2026. The new voluntary market rates will reflect an average 3.8% decrease in loss costs. The rate for assi...
Posted: Nov 03, 2025
Chicago-based insurer CNA Financial Corporation has announced its financial results for the third quarter of 2025, reporting an increased net income of $403 million, 40% growth in core income and an improved Property & Casualty combined ratio...
Posted: Nov 03, 2025
Insured losses from Hurricane Melissa’s strike on Jamaica are expected to range between $2.2 billion and $4.2 billion, according to estimates from data analytics firm Verisk. The Category 5 hurricane made landfall in southwestern Jamaica last w...
Posted: Nov 03, 2025
The Extreme Event Solutions group at Verisk has estimated that industry insured losses to onshore property in Jamaica from Hurricane Melissa will likely range from $2.2 billion to $4.2 billion. The global data analytics and technology firm provide...
Posted: Nov 03, 2025
British insurer Aviva has announced the appointment of Richard Taylor as Head of Cyber & Tech E&O. Following Aviva’s acquisition of Probitas Holdings (Bermuda) Limited for a consideration of £249 million in July 2024, Taylor takes on a wid...
Posted: Nov 03, 2025
Posted: Nov 03, 2025
Berenberg analysts have suggested that the 2025 market softening stands apart from past soft cycles in its pace, discipline, starting point, and structural trends, potentially creating a more sustainable, risk-responsive environment, barring major...
Posted: Nov 03, 2025
The death toll in Vietnam from last week’s record-breaking downpours has climbed to 37 as another powerful storm bears down on the country’s coast and floodwaters rise again in some tourism hubs. The national weather agency warned that ri...
Posted: Nov 03, 2025
Odyssey Reinsurance Company, the property and casualty reinsurance arm of Odyssey Group Holdings, Inc., a subsidiary of Fairfax Financial Holdings Limited, has appointed Randhir Bilkhu as Head of Artificial Intelligence (AI) Business Solutions. In...
Posted: Nov 03, 2025
Private equity firm Abry Partners announced that its portfolio company, Portfolio Holding, Inc., has entered into an agreement to be acquired by Protective Life Insurance Company, the principal subsidiary of Protective Life Corporation, a wholly o...
Posted: Nov 03, 2025
Bermuda-based insurer and reinsurer Fidelis Insurance Holdings Limited (Fidelis Insurance Group) has announced the appointment of William Waddell-Dudley as UK Chief Underwriting Officer CUO. In his new role, Waddell-Dudley will work closely with t...
Posted: Nov 03, 2025
Trident Marine Managers, a Ryan Specialty Underwriting Managers company, will now serve as the exclusive underwriter for Aspen Insurance Company’s Marine Hull, Primary, and Excess Marine Liability business, following an expanded underwriting...
Posted: Nov 03, 2025
The Paris prosecutor said Saturday two new suspects were handed preliminary charges for their alleged involvement in the crown jewels heist at the Louvre museum, three days after they were arrested by police as part of the sweeping investigation. Lau...
Posted: Nov 03, 2025
The Paris prosecutor said Saturday two new suspects were handed preliminary charges for their alleged involvement in the crown jewels heist at the Louvre museum, three days after they were arrested by police as part of the sweeping investigation. Lau...
Posted: Nov 03, 2025
AXA XL announced the launch of a new cyber solution designed to provide construction firms in Europe, Asia and Australia with enhanced protection against the rapidly evolving landscape of cyber threats. Available by endorsement to AXA XL’s cybe...
Posted: Nov 03, 2025
MAPFRE has reported that MAPFRE RE, which encompasses its Reinsurance and Global Risks businesses, posted a profit of €256 million for the first nine months of 2025, a 23.6% increase compared to the same period last year. Of the total profit figur...
Posted: Nov 03, 2025
The government of Jamaica is set to receive a record payout of USD 70.8 million (J$11.4 billion) following the passage of Hurricane Melissa, under the Caribbean Catastrophe Risk Insurance Facility Segregated Portfolio Company (CCRIF SPC) parametri...
Posted: Nov 03, 2025
Lockton Re, the reinsurance business of insurance broker Lockton, has appointed Darsh Patel to lead Transaction Structuring and Reserving Analytics globally and Jack McGregor to lead Retrospective Reinsurance and Legacy Solutions for North America...
Posted: Nov 03, 2025
AM Best, the credit rating agency, reported that Canada’s life and annuity (L/A) insurers delivered strong results in 2024. The sector benefited from record growth in new annualised premiums, along with increased revenue from assets under manageme...
Posted: Nov 03, 2025
Global reinsurance brokerage Gallagher Re has launched an innovative framework designed to transform the cyber reinsurance landscape in the Asia Pacific (APAC) region. This initiative aims to align the growing demand for cyber reinsurance in APAC...
Posted: Nov 03, 2025
Posted: Nov 03, 2025
H.W. Kaufman Group Makes Promotions Across Executive and North American Teams H.W. Kaufman Group, headquartered in Farmington Hills, Michigan, promoted 16 members of its executive and North American teams to new roles. The announcement follows the 20...
Posted: Nov 03, 2025
Ebix, a provider of insurance and financial technology solutions, announced the introduction of ExposureHub to the US market. The platform offers real-time exposure visibility and portfolio analytics for property, casualty, and specialty insurers,...
Posted: Nov 03, 2025
Jamaica’s catastrophe bond has now triggered as a result of the fallout from Hurricane Melissa, the government said. “Over the next few weeks we’ll get more details into what the payout is,” Dana Morris Dixon, minister of educ...
Posted: Nov 03, 2025
Within days of Donald Trump announcing his sweeping “Liberation Day” tariffs in April, Rick Woldenberg was looking for a law firm to help him sue the U.S. president. “I’m not willing to allow politicians to destroy what we hav...
Posted: Nov 03, 2025
Berkshire Hathaway Inc.’s cash pile soared to $381.7 billion in the third quarter, a fresh record, and operating earnings surged 34% at Chief Executive Officer Warren Buffett’s conglomerate. That figure hit $13.5 billion, as the firm̵...
Posted: Nov 03, 2025
Allan Bryant scans the sky as he watches over a minutes-old calf huddled under a tree line with its mother. After a few failed tries, the calf stands on wobbly legs for the first time, looking to nurse. Above, a …
Posted: Nov 03, 2025
Citizens Property Insurance Corp., the state-created insurer of last resort, is no longer the largest carrier in Florida. It’s a significant milestone in the push for a more stable, market-based insurance market. Citizens’ leadership anno...
Posted: Nov 03, 2025
A new study by the Insurance Information Institute (Triple-I), an organisation providing data and analysis on insurance issues, and the Casualty Actuarial Society (CAS), a professional group for actuaries specialising in property and casualty insu...
Posted: Nov 03, 2025
A New York judge dismissed a legal challenge Friday from Texas seeking to enforce a more than $100,000 civil judgment against a doctor accused of prescribing abortion pills to a Dallas-area woman in an early test of the state’s “shield &#...
Posted: Nov 03, 2025
A former Virginia teacher who was shot by a 6-year-old student in her classroom in 2023 testified Thursday that she thought she had died that day. Abby Zwerner testified in her $40 million lawsuit filed against a former assistant principal …
Posted: Nov 03, 2025
Nearly two-thirds of construction workers reported experiencing anxiety or depression in the past 12 months, according to a new survey by design-build firm Clayco. Sixty-four percent of the more than 1,000 construction workers surveyed said they felt...
Posted: Nov 03, 2025
FIO: Insurer Litigation Expenses Dipped Slightly Between 2023 and 2024 Insurer litigation expense...
Posted: Nov 03, 2025
LP Insurance Services is expanding into Oregon with the acquisition of Mountain West Insurance Services Inc., based in Salem. The Salem team will continue serving clients throughout the Willamette Valley and beyond. The new LP Insurance Salem office...
Posted: Nov 03, 2025
San Francisco Mayor Daniel Lurie is trying to get more homes built for people like Liam Murphy: a fifth-generation city kid who found himself repeatedly outbid for tiny two-bedroom houses that wound up selling for $1.6 million. Murphy, 39, now …...
Posted: Nov 03, 2025
The National Transportation Safety Board wants the owners of nearly 2,000 Learjets—which have long been associated with the rich and famous—to urgently inspect their landing gear to make sure they won’t collapse as happened in a fatal crash in...
Posted: Nov 03, 2025
As property insurance rates face downward pressure after years of increases, middle market businesses need carriers who understand their unique needs and can deliver creative solutions through experienced underwriting teams. The post
Posted: Nov 03, 2025
In this fictive scenario, a construction company's founder dies suddenly, leaving his sons to discover a costly gap in their knowledge that threatens everything he built. The post
Posted: Nov 03, 2025
New York State is securing more than $19 million in penalties from eight auto insurance providers for violations of the state’s cybersecurity regulation. Department of Financial Services (DFS) Superintendent Adrienne A. Harris said that inadequ...
Posted: Nov 02, 2025
By Ezra Amacher The Texas Department of Insurance recently published an informal draft of rules that would implement a new law requiring all personal auto and residential property insurance policies to include a binding appraisal provision. Texas law...
Posted: Nov 02, 2025