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Rockford Mutual Insurance Company (RMIC) announced the official launch of commercial auto coverage in Michigan, effective immediately. With this latest addition, RMIC now offers a complete suite of commercial insurance products to Michigan independen...
Posted: Oct 21, 2025
A Louisiana judge has tossed out a key permit for a liquefied natural gas facility that won approval from President Donald Trump’s administration, ordering a state review of how the facility’s planet-warming emissions would affect Gulf Co...
Posted: Oct 21, 2025
KBRA currently expects moderate weather-related loss activity, noting that, absent a particularly severe event, most insurers should be able to absorb storm-related losses through earnings or surplus without significantly affecting their overall c...
Posted: Oct 21, 2025
FOXO will provide up to $1.2 million to support Vector’s growth initiatives.
Posted: Oct 21, 2025
Stephens Insurance Services is a benefits specialist.
Posted: Oct 21, 2025
This partnership will reinforce Peak Re’s commitment to serving its global clients.
Posted: Oct 21, 2025
Most recently, Andrew Preston served as CFO of Aspida Life Re in Bermuda.
Posted: Oct 21, 2025
Previsico, the actionable flood warning insurtech, has announced the successful close of its Series A funding round to accelerate its global expansion. The round included investment from Connecticut Innovations (CI), Connecticut’s strategic ventur...
Posted: Oct 21, 2025
Two weeks after the Kentucky attorney general filed suit, Florida Attorney General James Uthmeier said his office is issuing criminal subpoenas to Roblox Corp., calling the video gaming platform a “breeding ground for predators” that puts...
Posted: Oct 21, 2025
State officials on the front lines of preparing for natural disasters and responding to emergencies say severe cuts to federal security grants, restrictions on money intended for readiness and funding delays tied to litigation are posing a growing ri...
Posted: Oct 21, 2025
Re/insurance market dynamics through the third quarter shows that the industry is still cyclical, and while there’s still margin in the property catastrophe reinsurance business, it is eroding and is no longer as attractive as it was in rece...
Posted: Oct 21, 2025
Travelers Q3 Net Income Soars 50% on Lower Catastrophe Losses Third-qu...
Posted: Oct 21, 2025
AI-Powered Home Insurance Startup Expands in Risky Florida...
Posted: Oct 21, 2025
‘Massive Legal Siege’ Against Social Media Companies Looms Thousands of plainti...
Posted: Oct 21, 2025
Insurance companies are facing growing third-party risk, with 85% of UK insurers and brokers having experienced negative impacts from such risks, according to a recent Dun & Bradstreet report. Dun & Bradstreet’s recent Financial Services &...
Posted: Oct 21, 2025
Two New Hampshire nonprofits that ran youth facilities for the state are suing their insurer seeking defense and indemnity coverage for child abuse lawsuits filed against them. Philadelphia Indemnity Insurance Co., the insurer for Mount Prospect Acad...
Posted: Oct 21, 2025
Amazon Web Services, the world’s largest cloud provider, resolved the issues that plagued its services for about 15 hours on Monday, an episode that highlighted how much of the internet is dependent on the operations of a single company. In ...
Posted: Oct 21, 2025
Helios Underwriting, the publicly listed firm providing direct access to a range of syndicates at the specialist Lloyd’s insurance and reinsurance marketplace, has confirmed the appointment of Louis Tucker as CEO, alongside the hire of Joanna Pars...
Posted: Oct 21, 2025
Carbar plans to keep the HelloCars brand as a value-focused offering, complementing its premium Carbar service and Carly’s mid-tier positioning.
Posted: Oct 21, 2025
Gerber repair centers now have access to Mitchell Cloud Estimating.
Posted: Oct 21, 2025
Fortegra will operate from Box 388 on the third gallery in the Lloyd's underwriting room.
Posted: Oct 21, 2025
FOXO will provide up to $1.2 million to support Vector’s growth initiatives.
Posted: Oct 21, 2025
Executives at QBE Re noted that while they have seen some market softening, it remains manageable where rates are adequate, with some pricing pressures expected in property at 1.1, the casualty market to remain broadly stable, and a focus on disci...
Posted: Oct 21, 2025
The seemingly unstoppable rise of catastrophe bonds may now be eroding the market share of reinsurers. After years of raising prices, reinsurers are finding that primary insurers have started relying less on them and more on a niche bond market ̷...
Posted: Oct 21, 2025
Echo Re has begun using ACORD Solutions Group’s ADEPT platform to receive digital accounting and claims messages from Gallagher Re, streamlining communication by eliminating manual downloads and enabling integration of all digital messages into it...
Posted: Oct 21, 2025
Poland and Romania detained eight people suspected of planning sabotage on behalf of Russia, authorities in Warsaw said on Tuesday, with three arrests concerning an alleged new plan to send exploding parcels, this time to Ukraine. European officials...
Posted: Oct 21, 2025
Poland and Romania detained eight people suspected of planning sabotage on behalf of Russia, authorities in Warsaw said on Tuesday, with three arrests concerning an alleged new plan to send exploding parcels, this time to Ukraine. European officials...
Posted: Oct 21, 2025
This edtiion of International People Moves details appointments at Lockton Re and Canopius Re. A summary of these new hires follows here. Lockton Re Taps Aon’s Bell as Head of Aviation Lockton Re, the reinsurance business of independent insuran...
Posted: Oct 21, 2025
T&D Holdings, through its wholly owned subsidiary T&D United Capital Co., Ltd. (TDUC), has announced that it is investing in a new reinsurance sidecar vehicle facilitated by a limited partnership. TDUC has committed up to $250 million (app...
Posted: Oct 21, 2025
W. R. Berkley Corporation, a commercial lines property and casualty insurer and reinsurer, has reported year-on-year net income growth of 39.8% for the third quarter of 2025 to $511 million, compared to $365.63 million last year. For Q3’25, the co...
Posted: Oct 21, 2025
Mark Meyerhoff, Chief Regional Officer, EMEA at Spanish reinsurer MAPFRE RE, has said that as brokers push for earnings protection and frequency covers, he considers “a return to the situation of two or three years ago to be out of the question.”...
Posted: Oct 21, 2025
RLI Corp. has reported Q3 2025 underwriting income of $60.5 million and a combined ratio of 85.1%, compared with $40.7 million and 89.6%, respectively, in the same period of 2024. Results for both years reportedly benefited from favourable develop...
Posted: Oct 21, 2025
A massive fire at the import cargo complex of Dhaka airport has caused extensive damage to goods and materials belonging to major garment exporters, with losses and impacts on trade likely to run into millions of dollars, industry leaders said …...
Posted: Oct 21, 2025
While a majority of global executives feel the risk environment is high, a significant and growing number are viewing resilience not as a defensive shield, but as a strategic path to growth, Beazley’s ‘Spotlight on Geopolitical & Economic Unce...
Posted: Oct 21, 2025
An operation was underway on Monday to salvage the liquefied petroleum gas tanker MV Falcon, which remains on fire and adrift in the Gulf of Aden following an October 18 explosion on board, maritime security sources said. The Cameroon-flagged vessel...
Posted: Oct 21, 2025
The pace of insurance agency mergers and acquisitions picked up during the third quarter of 2025 but as of Sept. 30, M&A is down 7% this year compared to last year. According to investment banking and financial consulting firm OPTIS …
Posted: Oct 21, 2025
Funds managed by KKR, a global investment firm and Quadrantis Capital, a Portuguese investment management business, have entered into definitive agreements to acquire minority stakes in Hong Kong-based global reinsurer, Peak Reinsurance Company Li...
Posted: Oct 21, 2025
It took just seven minutes for robbers armed with disc grinders to get in and out of the world-famous Louvre museum in Paris with a stash of royal necklaces, tiaras and earrings. They left the nearby 140-carat “Régent” diamond untouched,...
Posted: Oct 21, 2025
Around the 2025 Baden-Baden Reinsurance Meeting, Dave Egan, reinsurance broker Gallagher Re’s Head of International Property Practice Group , highlighted that in order to maintain relevance and foster growth, reinsurers need to expand their offeri...
Posted: Oct 21, 2025
KKR & Co. and Quadrantis Capital agreed to acquire minority stakes in Hong Kong-based Peak Reinsurance Co. KKR and Quadrantis will hold about 11.3% and 1.8% of Peak Re, respectively, after the deal is completed, according to a statement Tuesday,...
Posted: Oct 21, 2025