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Shaq Hacked: Shaquille O’Neal’s Custom Range Rover Stolen in Transport

Insurance Journal

A $180,000 Range Rover customized for NBA legend Shaquille O’Neal was stolen in Georgia earlier this month, and law enforcement is still on the hunt for it. The Lumpkin County Sheriff’s Office in northeast Georgia said investigators belie...

Posted: Oct 31, 2025

BUILDING SUCCESSFUL PARTNERSHIPS

Rough Notes

Considerations for planning and common mistakes to avoid By Carey Wallace Independent insurance agencies face unique challenges in today’s competitive marketplace. From managing client relationships, employee needs, and carrier relationships to the n...

Posted: Oct 31, 2025

INDEPENDENT FOREVER

Rough Notes

Founded in 1925, the Merrill Insurance team acknowledges its “century of service” outside its office in Eustis, Florida. Florida agency celebrates a century in business thanks to hard work and faith in God By Dennis H. PillsburyPhotography by Arturo...

Posted: Oct 31, 2025

Canopius appoints John Tiesi as US Head of Financial Lines

Reinsurance News

Canopius Group, a global specialty and property & casualty re/insurer, has announced the appointment of John Tiesi as US Head of Financial Lines, effective October 29th 2025. In this role, Tiesi will lead the Financial Lines portfolio across C...

Posted: Oct 31, 2025

Scaling for consistency, visibility, and results

Rough Notes

A look inside one insurance advisory firm’s strategic shift to a flexible marketing model By Lanie Raphael Insurance advisory firms are continually challenged with how to set themselves apart within the industry while staying client-focused, producin...

Posted: Oct 31, 2025

Trump Administration Targets State Laws Shielding Credit Reports From Medical Debt

Insurance Journal

The Trump administration is moving to overrule any state laws that may protect consumers’ credit reports from medical debt and other debt issues. The Consumer Financial Protection Bureau has drafted what’s known as an interpretative rule...

Posted: Oct 31, 2025

RN 2026 Community Service Award

Rough Notes

Applications being accepted for independent agents, brokers, and their firms  By Robert N. Kretzmer, CIC More than two dozen years ago, I sat down with Walt Gdowski, owner of The Rough Notes Company, at the firm’s headquarters to discuss what I perce...

Posted: Oct 31, 2025

RGA’s Q3’25 net income rises 62% as net premiums dip

Reinsurance News

Reinsurance Group of America (RGA), a provider of life and health reinsurance, reported an improved net income available to shareholders of $253 million for the third quarter of 2025, up 62.2% from $156 million in the same period a year earlier. A...

Posted: Oct 31, 2025

California Commissioner’s Regulation to Prevent Insurance Crises From Climate Disasters, Cyber Threa...

Carrier Management

California Commissioner’s Regulation to Prevent Insurance Crises From Climate Disasters, Cyber Threats, AI Ca...

Posted: Oct 31, 2025

AIG Joins Private Equity Firm Onex to Acquire Convex Group

Carrier Management

AIG Joins Private Equity Firm Onex to Acquire Convex Group Convex Gr...

Posted: Oct 31, 2025

NONPROFITS AND SOCIAL SERVICES ORGANIZATIONS

Rough Notes

Risk management and insurance under renewed scrutiny of operations By Joseph S. Harrington, CPCU Americans seem to love our nation’s nonprofit organizations. According to Independent Sector, an organization devoted to promoting the interests and best...

Posted: Oct 31, 2025

WCL launches digital platform for Treaty risk placement in Bermuda

Reinsurance News

Web Connectivity Limited (WCL), a Zywave company, has announced the launch of its industry-first enhanced digital platform for Treaty risk placement in Bermuda. The WCL enabledPlacing platform streamlines the submission process by consolidating tr...

Posted: Oct 31, 2025

Don’t Forget the Front Line: Why Insurers Need to Research the Agent Experience

Insurance Journal

In the rush to improve customer experience, many insurers have overlooked a critical group of stakeholders: the independent brokers and agents who sell their products every day. With this group now numbering over 1 million individuals in the U.S., th...

Posted: Oct 31, 2025

Arthur J. Gallagher & Co. posts revenue increase of 20% to $3.32bn for Q3’25

Reinsurance News

Insurance broking group Arthur J. Gallagher & Co. has reported total revenue before reimbursement of $3.32 billion for the third quarter of 2025, compared to $2.8 billion in Q3’24, as the core brokerage and risk management segments combined de...

Posted: Oct 31, 2025

Tech Update: WCL Launches Digital Treaty Placement Platform in Bermuda

Insurance Journal

Web Connectivity Ltd. (WCL), a Zywave company, announced the launch of its enhanced platform for treaty risk placement in Bermuda, marking a milestone in the digital transformation of the reinsurance market. Developed in close collaboration with lead...

Posted: Oct 31, 2025

AXA XL Re names Dan McCrosson as Senior Underwriter US Property Treaty

Reinsurance News

AXA XL Reinsurance, the P&C and specialty risk division of global insurer AXA, has announced the appointment of Dan McCrosson as Senior Underwriter, US Property Treaty, effective October 20th 2025. In his new role, McCrosson joins AXA XL Re’s...

Posted: Oct 31, 2025

The Fidelis Partnership Launches 2nd Lloyd’s Syndicate, Backed by PE Firm Blackstone

Insurance Journal

The Fidelis Partnership (TFP) announced the launch of Syndicate 2126 in partnership with funds managed by Blackstone, the alternative asset manager and private equity company, following in-principle approval from Lloyd’s. The syndicate will wri...

Posted: Oct 31, 2025

Aon Reinsurance Solutions delivers 8% organic revenue growth to $537m for Q3’25

Reinsurance News

Insurance and reinsurance broking firm Aon recorded organic revenue growth of 7% to $4 billion for the third quarter of 2025, with a strong performance across the business, including at Reinsurance Solutions which saw organic revenue growth of 8%...

Posted: Oct 31, 2025

SiriusPoint’s Q3’25 underwriting income rises 11% on lower cat losses

Reinsurance News

Bermuda-based insurer and reinsurer SiriusPoint Ltd. reported core underwriting income of $69.6 million in the third quarter of 2025, up 11.4% from $62.5 million in the same period a year earlier, as growth in Insurance & Services income more...

Posted: Oct 31, 2025

Hurricane Melissa to Bring Wet, Windy Weather to Northern Europe

Insurance Journal

Hurricane Melissa is forecast to dissipate in the Atlantic Ocean next week, bringing wet and windy weather to northern Europe after wrecking havoc across the Caribbean. The record-setting storm left a trail of destruction in Cuba, Haiti and Jamaica,...

Posted: Oct 31, 2025

Serene Chiam joins UIB Asia Treaty & Retro Division as Director

Reinsurance News

United Insurance Brokers Limited (UIB), an international reinsurance and insurance broker, has announced the appointment of Serene Chiam as Director – Broking Support, within the Treaty & Retro Division, UIB Asia. Based in Singapore, Chi...

Posted: Oct 31, 2025

Satellite Data Reveals Hurricane Melissa Damage in Jamaica

Insurance Journal

As Hurricane Melissa sweeps past Bermuda, new satellite data of Jamaica has revealed devastation for tourist center Montego Bay and much of the Western part of the country. At least 40% of the buildings and roads in the worst-hit areas …

Posted: Oct 31, 2025

The Fidelis Partnership launches Syndicate 2126, backed by Blackstone

Reinsurance News

The Fidelis Partnership (TFP), a privately-owned managing general underwriter (MGU), has launched Syndicate 2126 in partnership with funds managed by Blackstone, an alternative asset manager, following in-principle approval from the specialist Llo...

Posted: Oct 31, 2025

Enact gets $170m of additional XOL reinsurance for 2027 book year

Reinsurance News

Enact Mortgage Insurance Corporation, the flagship legal entity of private mortgage insurance firm, Enact Holdings, Inc., has secured roughly $170 million of additional excess of loss (XOL) reinsurance as part of its diversified credit risk transf...

Posted: Oct 31, 2025

Hot Weather Is Killing More Than Half a Million People a Year

Insurance Journal

Soaring temperatures are killing nearly 550,000 people around the world each year, part of a heat death toll that’s climbed more than 20% on a population-adjusted basis since the 1990s, according to the latest edition of the Lancet’s annu...

Posted: Oct 31, 2025

Ryan Specialty posts organic growth rate of 15% for Q3’25

Reinsurance News

International specialty insurance firm, Ryan Specialty, saw its revenue grow 24.8% to $754.6 million for the third quarter of 2025 when compared with the prior year, with an organic growth rate of 15%. Ryan Specialty attributes the improved revenu...

Posted: Oct 31, 2025

Palomar to acquire The Gray Casualty & Surety Company for $300m

Reinsurance News

Specialty property insurer Palomar Holdings has agreed to acquire The Gray Casualty & Surety Company from Bernhard Capital Partners (BCP), and The Gray Insurance Company for a total consideration of $300 million in cash. Gray Surety is a Treas...

Posted: Oct 31, 2025

WTW reports 5% organic revenue growth to $2.3bn for Q3’25

Reinsurance News

Insurance broking group WTW achieved 5% organic revenue growth to $2.3 billion for the third quarter of 2025, flat year-on-year as a result of the sale of TRANZACT, while net income improved significantly to $306 million compared with a loss of $1...

Posted: Oct 31, 2025

SCOR posts GWP of €4.6bn in Q3’25 results as combined ratio strengthens

Reinsurance News

French carrier SCOR, one of Europe’s big four reinsurance companies, has reported net income of €217 million for the third quarter of 2025, reversing the loss for the same period last year, as the property and casualty (P&C) combined rat...

Posted: Oct 31, 2025

Skyward Specialty’s net income climbs 25% to $45.9m in Q3’25

Reinsurance News

Skyward Specialty Insurance Group, a property and casualty (P&C) specialist insurance company, reported a net income of ​​$45.9 million for the third quarter of 2025, representing a 25.1% increase compared to $36.7 million in the same period a...

Posted: Oct 31, 2025

Peak Re appoints Eun Jeong Lee as SVP Retrocession

Reinsurance News

Hong Kong-based global reinsurer Peak Re has announced the appointment of Eun Jeong Lee as Senior Vice President (SVP), Retrocession. Lee brings deep expertise in reinsurance, actuarial science, and risk management, joining Peak Re after spending...

Posted: Oct 31, 2025

Severe Queensland and Victoria storms trigger 5,500 claims for Suncorp

Reinsurance News

The insurance company Suncorp has received just over 5,500 claims, around 5,000 in Queensland and 500 in Victoria, with the net cost of the event expected to fall between $220 million and $260 million, with these estimates remaining preliminary, a...

Posted: Oct 31, 2025

People Moves: Tiesi Joins Canopius as US Head of Financial Lines

Insurance Journal

Canopius Group, headquartered in Chicago, named John Tiesi as U.S. Head of Financial Lines. Tiesi leads the financial lines portfolio across Canopius’ U.S. operations. Tiesi has over 25 years of experience in financial and professional liabilit...

Posted: Oct 31, 2025

Universal Music Settles Lawsuit With AI Startup Udio

Insurance Journal

Universal Music Group NV signed an agreement with artificial intelligence-powered music startup Udio to settle a copyright lawsuit and collaborate on a new commercial music creation and streaming service. Udio will launch the new platform next year,...

Posted: Oct 31, 2025

France Makes New Arrests in Louvre Heist; Jewels Still Not Found

Insurance Journal

Five more people have been arrested in the Louvre heist case, the Paris prosecutor said Thursday, after two alleged members of the group that stole jewels from the museum were charged. Authorities linked one of the new individuals detained to …

Posted: Oct 31, 2025

Insurers Begin Restricting Privacy Coverage in Response to Evolving Risk

Insurance Journal

After several years of competitive pricing and capacity expansion, cyber insurers appear to be reassessing coverage breadth. Asked whether carriers are beginning to restrict coverage, panelists at Zywave’s Cyber Risk Insights conference in New...

Posted: Oct 31, 2025

California Attorney General Charges Eight in Bay Area Auto-Theft Ring

Insurance Journal

The California Attorney General filed felony charges against eight people in connection with the theft of 19 vehicles throughout the U.S. with a combined value of more than $800,000. The complaint, filed in Alameda County Superior Court by Attorney G...

Posted: Oct 31, 2025

Boston Weighs Clampdown on Driverless Taxis in Threat to Waymo

Insurance Journal

Boston city councilors are proposing an ordinance that would require Alphabet Inc.’s Waymo and other autonomous ride-share services to have a human operator present in the vehicle. The legislation would mandate a study on the technology’s...

Posted: Oct 31, 2025

Five Correctional Department Employees Charged With Workers’ Compensation Fraud

Insurance Journal

Five current and former New York State Department of Corrections and Community Supervision (DOCCS) employees were arrested this week for separate schemes to defraud DOCCS and the state’s workers’ compensation system, resulting in a loss o...

Posted: Oct 31, 2025

Washington Commissioner Issued $828K in Fines for Insurance Violations

Insurance Journal

Washington insurance regulator fines for violations amounted to $828,500 in July, August, September, and early October of 2025, according to the office of Washington Insurance Commissioner Patty Kuderer. That tally included a $100,000 fine for Regenc...

Posted: Oct 31, 2025

ITC Briefing: SAS’s Franklin Manchester on Governing AI Responsibly

IIR

The Global Insurance Strategic Advisor says insurers must balance innovation with accountability to ensure AI serves people as well as performance.

Posted: Oct 30, 2025

ITC Briefing: Vitesse CEO on Modernizing Insurance Financial Infrastructure

IIR

Vitesse—French for “speed”—uses regulatory-compliant infrastructure that gives carriers and TPAs control and real-time visibility of delegated funds.

Posted: Oct 30, 2025