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U.S. Workforce Burnout Reaches 6-Year High

Carrier Management

U.S. Workforce Burnout Reaches 6-Year High Workplace burnout is at an all-time high in the U.S.,...

Posted: Oct 10, 2025

Markets/Coverages: Special Contingency Risks Offers Enhanced Victim Support Cover

Insurance Journal

Special Contingency Risks (SCR), a WTW business, has launched an Enhanced Victim Support insurance extension (EVS) to support hostage victims. The SCR initiative launches as part of an exclusive partnership with the charity, Hostage International. Th...

Posted: Oct 10, 2025

The New Frontier of Injury Claim Management

Risk & Insurance

AI should go a long way in improving efficiency in claims management. The post The New Frontier of Injury Claim Management appeared first on

Posted: Oct 10, 2025

Higginbotham Acquires Texas’ Stephens Insurance Services

Insurance Journal

Higginbotham has acquired Lubbock, Texas-based Stephens Insurance Services, a benefits specialist. The collaboration pairs on-the-ground relationships with added resources to enhance combined service offerings across West Texas and into eastern New M...

Posted: Oct 10, 2025

NC Woman Faces 170 Felony Charges in Insurance Fraud Involving Stolen GLP-1 Drugs

Insurance Journal

A North Carolina woman has been busy over the last three years, illegally obtaining weight-loss medication, administering it to people, and defrauding insurance companies of more than $87,400, the state Department of Insurance alleged this week. Heat...

Posted: Oct 10, 2025

Louisiana Police Video Counters Claim that LSU Star was Too Far From Fatal Wreck

Insurance Journal

Louisiana state police have released video evidence in a deadly 2024 car crash that authorities contend was caused by reckless driving by Kyren Lacy, a former Louisiana State University football star who took his own life days before a grand …

Posted: Oct 10, 2025

Truck Driver Sues Fox NFL Broadcaster Over Fight in Indianapolis

Insurance Journal

A 69-year-old truck driver who was seriously injured in a fight that prosecutors say was started by former NFL quarterback and sports analyst Mark Sanchez is suing Sanchez and his employer, Fox Corporation, in Indiana state court. Lawyers for Perry &...

Posted: Oct 10, 2025

Recoop Disaster Insurance Names New CEO and CTO

Insurance Journal

Recoop Disaster Insurance announced the appointment of Greg Bailey as Chief Executive Officer and Charlie Turri as Chief Technology Officer. Together, Bailey and Turri bring deep experience in insurance, financial services, and technology innovation...

Posted: Oct 10, 2025

AM Best expects US P&C insurance underwriting profitability to persist in 2025

Reinsurance News

According to ratings agency AM Best, the US property and casualty (P&C) insurance industry is set to expand more rapidly than the wider economy in 2025 and is projected to sustain underwriting profitability for a second consecutive year. The f...

Posted: Oct 10, 2025

US P&C insurance underwriting profitability to persist in 2025: Triple-I and Milliman

Reinsurance News

According to analysis from the Insurance Information Institute (Triple-I) and Milliman, the US property and casualty (P&C) insurance industry is set to expand more rapidly than the wider economy in 2025 and is projected to sustain underwriting...

Posted: Oct 10, 2025

Ex-Fed Official Sees Secular ‘Shocks’ Ahead From Extreme Weather

Insurance Journal

The Federal Reserve’s former top-ranking official overseeing climate risk says the US economy faces a series of long-term, structural shocks as a result of increasingly extreme weather patterns. Kevin Stiroh, who left the Fed earlier this year...

Posted: Oct 10, 2025

Empirical Evidence: Reputation Risk Disclosure Boosts Equity Returns

Risk & Insurance

Three companies to date have seen their equity values climbed after disclosing reputation risk governance or insurance initiatives. The post

Posted: Oct 10, 2025

La Niña’s Back, but Will It Amp Up Hurricane Season?

Insurance Journal

La Nina, the cooler and at times costlier flip side of El Nino, has arrived to warp weather worldwide, meteorologists said Thursday. This natural weather phenomenon often turbocharges the Atlantic hurricane season, but this La Nina may be too weak &#...

Posted: Oct 10, 2025

The Fidelis Partnership promotes Sinéad Cunningham to Head of Space

Reinsurance News

The Fidelis Partnership (TFP), a privately-owned managing general underwriter (MGU), has announced the promotion of Sinéad Cunningham to Head of Space. Cunningham brings five years of industry experience to the role. She joined TFP in June 2021 as...

Posted: Oct 10, 2025

Constellation Energy to Spend $340M to Improve Water Quality at Maryland Dam

Insurance Journal

Constellation Energy has agreed to spend more than $340 million to improve water quality at Maryland’s Conowingo Dam, which flows into the Susquehanna River and eventually ends up in the Chesapeake Bay, the nation’s largest estuary, offic...

Posted: Oct 10, 2025

People Moves: Aon Names Chisholm as Chairman of Asia Reinsurance Solutions; Markel Appoints Luxford...

Insurance Journal

This edition of International People Moves details appointments at Aon and Markel Insurance. A summary of these new hires follows here. Aon Names Chisholm as Chairman of Asia Reinsurance Solutions Insurance broker Aon plc named Simon Chisholm as chai...

Posted: Oct 10, 2025

Ben & Jerry’s Co-Founder Expects Conflict to Continue Under New Ownership

Insurance Journal

Ice cream brand Ben & Jerry’s is set to switch corporate owners next month, but for Ben Cohen, the counterculture brand’s co-founder, it is a case of meet the new boss, same as the old boss. As of November, Ben …

Posted: Oct 10, 2025

New York City And Northeast Brace for Flooding Rains From Weekend Storm

Insurance Journal

New York City and the Northeast are in the crosshairs of a massive coastal storm that’s poised to bring high winds, surging tides and heavy rain throughout the region starting Sunday. Drenching rain and strong winds will likely arrive in &#8230...

Posted: Oct 10, 2025

Most insurance leaders say industry isn’t adapting fast enough to climate risk: ZestyAI

Reinsurance News

A new ZestyAI survey finds that the insurance industry is falling behind in preparing for climate-driven risks, with 61% of executives saying the sector is not adapting quickly enough, even as natural disasters become more frequent, severe, and co...

Posted: Oct 10, 2025

Weak Governance of Artificial Intelligence Raises Risks of Cyberattacks: Moody’s

Insurance Journal

Weak artificial intelligence (AI) governance practices pose a growing risk of data breaches, warns a report published by Moody’s Ratings. Large numbers of companies and organizations “have no rules in place to govern the safe use of new a...

Posted: Oct 10, 2025

SIGNAL IDUNA to boost efficiency and optimise job functions with Gemini Enterprise

Reinsurance News

SIGNAL IDUNA, parent company to reinsurer SI Re, has launched Gemini Enterprise from Google Cloud for its over 10,000 employees and sales partners, aiming to boost efficiency and optimise specific job functions through decentralised artificial int...

Posted: Oct 10, 2025

Ex-Insurance Agent Avoids Prison for Being ‘Model Cooperator’ in Menendez Case

Insurance Journal

Former New Jersey insurance agent Jose Uribe will not go to prison for his role in the bribery scheme involving former U.S. Senator Bob Menendez, the senator’s wife, and two other businessmen. U.S. District Judge Sidney Stein in New York &#8230...

Posted: Oct 10, 2025

Wyoming Library Director Fired in Book Dispute Wins $700K Settlement

Insurance Journal

A former Wyoming library director who was fired amid an uproar over books with sexual content and LGBTQ+ themes that some people complained were inappropriate for youngsters and who sought their removal from youth shelves will be paid $700,000 after...

Posted: Oct 10, 2025

Hannover Re expects price pressure at 1/1 but doubles down on nat cat appetite

Reinsurance News

Speaking at Hannover Re’s Investors’ Day 2025, Sven Althoff, Member of the Executive Board for Property & Casualty, said that while some areas of the market may see a slight softening in 2026, overall pricing is expected to remain at an adequa...

Posted: Oct 10, 2025

Markel appoints Scott Luxford as Head of Distribution & MGA Strategy

Reinsurance News

Markel Insurance, the insurance division of Markel Group Inc., has announced the appointment of Scott Luxford as Head of Distribution and Managing General Agent (MGA) Strategy – Australia. In this role, Luxford will work with Australian-based brok...

Posted: Oct 10, 2025

AM Best raises AXA’s credit ratings on steady profitability & diversified business

Reinsurance News

AM Best, the credit rating agency, has upgraded the Long-Term Issuer Credit Ratings (Long-Term ICR) of AXA S.A. (AXA) and its rated subsidiaries to “aa” (Superior) from “aa-” (Superior). The agency also reaffirmed the Financial Strength Rating (FS...

Posted: Oct 10, 2025

Global Financial Watchdogs to Ramp Up Monitoring of Artificial Intelligence

Insurance Journal

Global financial regulators have laid out plans for closer monitoring of artificial intelligence risks as banks and other parts of the financial industry ramp up the use of AI. Banks have been broadly optimistic that AI will make them more …

Posted: Oct 10, 2025

Meanwhile secures $82m to meet growing demand of bitcoin-denominated life insurance

Reinsurance News

Meanwhile, a bitcoin life insurer regulated by the Bermuda Monetary Authority, has successfully raised $82 million in new capital to meet strong demand for inflation-proof savings and retirement products. The round was co-led by Bain Capital Crypt...

Posted: Oct 10, 2025

Life-Threatening Heat Domes Are Confounding Forecasters

Insurance Journal

Record-breaking temperatures seared the eastern US last month, leading to power emergencies across the region. The cause: an enormous ridge of high pressure that settled on the region, known as a heat dome. This phenomenon has also already struck Eur...

Posted: Oct 10, 2025

Todd Solash to succeed Mike Wells as Athora’s Group CEO

Reinsurance News

Athora Holding Ltd., a European savings and retirement services group, has announced the appointment of Todd Solash as Group Chief Executive Officer (CEO), succeeding Mike Wells, who will retire from his executive role in Q4, 2026. As part of the...

Posted: Oct 10, 2025

Reinsurance prices set to decline further at Jan 1 as market softens: J.P. Morgan

Reinsurance News

While J.P. Morgan expects reinsurance results to remain strong in the near term, the bank has described the sector as “structurally inferior” to personal and commercial lines over the long term, and anticipates further price declines at the Januar...

Posted: Oct 10, 2025

Simon Chisholm named Chairman of Asia for Aon’s Reinsurance Solutions

Reinsurance News

Aon, a global insurance and reinsurance broking group, has announced the appointment of Simon Chisholm as Chairman of Asia for Reinsurance Solutions, effective January 1st, 2026. In his new role, Chisholm will lead Reinsurance Solutions’ Global Cl...

Posted: Oct 10, 2025

EPIC appoints Kristy Neal as SVP in Transportation & Logistics practice

Reinsurance News

EPIC Insurance Brokers & Consultants, a retail risk management and employee benefits insurance brokerage and consulting firm, has appointed Kristy Neal as Senior Vice President (SVP), Strategic Development within its Transportation & Logis...

Posted: Oct 10, 2025

Explosion at Orange Site in Paris Injures Workers, Affects 80,000 Users

Insurance Journal

An explosion occurred at one of Orange’s technical sites in Paris on Thursday, injuring three workers, two critically, and disrupting communication services for 80,000 users, the district mayor said. The incident took place around 10 a.m. (0800...

Posted: Oct 10, 2025

People Moves: Boxx Hires Leads for Distribution, Claims and Tech; XPT Specialty Hires Staver, Luceno...

Insurance Journal

Boxx Hires Leads for Distribution, Claims and Tech Boxx Insurance, headquartered in Miami, Florida, appointed Joe Gates, Ray Moylan and Thomas Beale to new positions. Boxx appointed Gates head of distribution, central, where he manages access to Boxx...

Posted: Oct 10, 2025

Sapiens partners with Linqura to integrate AI-powered underwriting for P&C insurers

Reinsurance News

Sapiens International Corporation, an intelligent insurance SaaS-based software solutions company, has announced a new partnership with Linqura, a provider of sales and underwriting intelligence solutions for the commercial insurance industry. Thi...

Posted: Oct 10, 2025

Scott Popilek named CEO of King Risk Partners

Reinsurance News

US insurance brokerage King Risk Partners has announced the appointment of Scott Popilek as its new Chief Executive Officer (CEO). Malcolm “Chad” King, Founder of King Risk Partners, will assume the position of Chairman while continuin...

Posted: Oct 10, 2025