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AM Best has maintained its stable outlook on Indonesia’s non-life insurance segment, citing resilient growth prospects, ongoing regulatory improvements, and strong investment returns. The rating agency expects continued expansion in Indonesia’s no...
Posted: Oct 09, 2025
A Virginia appellate court has ordered a new trial in a malpractice case in which a jury awarded a $2.5 million in damages against a doctor for alleged failure to properly administer anesthesia to a woman undergoing an emergency caesarian …
Posted: Oct 09, 2025
Fortegra Group Inc., a global specialty insurer and subsidiary of Tiptree Inc., announced it has secured a box in the underwriting room at Lloyd’s. Effective immediately, Fortegra will operate from Box 388 on the third gallery in the Lloyd̵...
Posted: Oct 09, 2025
Kentucky’s attorney general claimed Tuesday that the online gaming platform Roblox has become a “playground for predators” as he announced a lawsuit accusing the company of lax child safety measures. The Kentucky suit, filed by his...
Posted: Oct 09, 2025
Deadline to apply for 2026 Power Broker is October 17, 2025. The post 2026 Power Broker Application appeared first on Risk &...
Posted: Oct 09, 2025
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has announced the appointment of Henry Nelson as active underwriter, subject to regulatory approval. Nelson is taking on additional responsibilities as chief underwriting off...
Posted: Oct 09, 2025
San Francisco-based insurance AI start up FurtherAI announced a $25 million Series A funding round led by Andreessen Horowitz to improve insurance workflows through AI. Claiming that those who run the $7 trillion insurance industry are “doing t...
Posted: Oct 09, 2025
Cyber risk modeler CyberCube has gained a new investor to support its long-term growth. The software-as-a-service cyber risk analytics provider said Spectrum Equity is investing more than $180 million, subject to regulatory approvals. It equity firm...
Posted: Oct 09, 2025
AdvantageGo, a commercial re/insurance provider part of Sapiens International Corporation, has launched a new version of its Underwriting Workbench, which is expected to strengthen the company’s presence in property & casualty (P&C)...
Posted: Oct 09, 2025
This edition of International People Moves details appointments at Liberty Specialty Markets and Westfield Specialty International. A summary of these new hires follows here. Liberty Specialty Markets Promotes Nelson as Active U/W for Syndicate 4472...
Posted: Oct 09, 2025
Olson brings over 20 years of insurance experience, including leadership roles at American Family and Liberty Mutual.
Posted: Oct 09, 2025
Aon’s new suite includes insurance solutions that make it easier for investors to exit deals, manage tax and legal risks, and close out funds.
Posted: Oct 09, 2025
Organisations facing increasing property program volatility can benefit from alternative risk transfer strategies, unlocking access to strategic sources of capital and supporting long-term program stability, according to Aon. The long-term view of...
Posted: Oct 09, 2025
The two will offer integrated auto insurance as part of the vehicle purchase process.
Posted: Oct 09, 2025
Brisc, an agentic AI platform built for insurance, has launched its Submissions AI Agent, giving property MGAs, carriers, and reinsurers a faster way to process broker submissions and accelerate quote turnaround....
Posted: Oct 09, 2025
Laws and Regs Already Protect Insureds From AI Missteps, Insurance Reps Say Despite the rapid rise of...
Posted: Oct 09, 2025
Man Charged With ‘Maliciously’ Starting Massive LA Fire Federal authorities arrested a 29-year-old ma...
Posted: Oct 09, 2025
Earth’s nastiest and costliest wildfires are blazing four times more often now than they did in the 1980s because of human-caused climate change and people moving closer to wildlands, a new study found. A study in the journal Science looks R...
Posted: Oct 09, 2025
Global insurer American International Group, Inc. (AIG) has announced the promotion of Akash Lakhani to Head of Marine, GCC & North Africa (NA). In his new role, Lakhani will lead AIG’s marine operations across the GCC and NA, focusing on unde...
Posted: Oct 09, 2025
Learn more about applying for the Theo Award, recognizing employers for injury prevention and workers' compensation excellence. The 2026 Theo Award application will open on November 11, 2025. The post
Posted: Oct 09, 2025
KatRisk, a catastrophic risk modelling software provider, has announced the launch of Perilfinder™, its property risk management platform, in North America. Perilfinder delivers instant, property-level risk intelligence through a single platform....
Posted: Oct 09, 2025
Munich Re Specialty has been granted regulatory approval to offer commercial solutions in the German primary specialty insurance market, marking the next stage of its European footprint strategy following the launch of operations in Spain on April...
Posted: Oct 09, 2025
Willis, a WTW business, has announced an expansion of its long-standing partnership with Zywave, an insurtech provider, through the integration of Zywave’s Benchmark API into Willis’ Risk IQ analytics suite. This development enhances Willis’ abili...
Posted: Oct 09, 2025
Specialist Risk Group (SRG), an insurance intermediary backed by Warburg Pincus and Temasek, has announced the formation of a new international team dedicated to serving the insurance needs of UK subsidiaries of overseas corporates. This initiativ...
Posted: Oct 09, 2025
A new report from Neptune Flood has suggested that the National Flood Insurance Program (NFIP) continues to assume risks the private market is “ready and better equipped” to handle, with roughly 95% of new policyholders eligible for private covera...
Posted: Oct 09, 2025
Stretched valuations for artificial intelligence companies and challenges to the Federal Reserve’s independence have fueled the risks of a “sharp market correction,” the Bank of England said on Wednesday. In its quarterly financial...
Posted: Oct 09, 2025
Westfield Specialty International, the London-based specialty insurance arm of Westfield, has announced the appointment of Andrew Richardson as Head of Open Market Property. In his new role, Richardson will be based in London and report directly t...
Posted: Oct 09, 2025
Delivering a keynote speech at the 29th Federation of the Afro-Asian Insurers & Reinsurers (FAIR) General Assembly in Mumbai, India, earlier this week, Hitesh R. Joshi, Executive Director at Indian reinsurance company GIC Re, said that re/insu...
Posted: Oct 09, 2025
Tokio Marine Holdings Inc., Japan’s top property and casualty insurer, could spend more than $10 billion on acquisitions to boost its international business, according to Brad Irick, who co-heads the unit. The firm, which generates about 80% of...
Posted: Oct 09, 2025
Swiss reinsurer SIGNAL IDUNA Rückversicherungs AG (SI Re) is strengthening its presence in the Spanish, Portuguese, and German markets with the appointment of Maximilian Studer as Underwriting Manager and Eric Dal Moro as Head of Pricing. Studer,...
Posted: Oct 09, 2025
France further cut its estimate for this year’s wine production, putting output below 2024’s historically low level, after summer heat waves and wildfires hit vineyards. With the grape harvest nearly complete, output is now seen at 36 mil...
Posted: Oct 09, 2025
Ryan Specialty Holdings, Inc., an international specialty insurance firm, has expanded the roles of Steve Keogh and Brendan Mulshine to include serving as Co-Presidents of Ryan Specialty. Currently, Keogh is the Chief Operating Officer, while Muls...
Posted: Oct 09, 2025
GEICO Names Orpello Chief Marketing Officer GEICO, headquartered in Chevy Chase, Maryland, named Arianna Orpello as its new chief marketing officer, reporting to Chairman, President and CEO Todd Combs. Orpello, who will join the company on Jan. 5, 20...
Posted: Oct 09, 2025
GEICO Names Orpello Chief Marketing Officer GEICO, headquartered in Chevy Chase, Maryland, named Arianna Orpello as its new chief marketing officer, reporting to Chairman, President and CEO Todd Combs. Orpello, who will join the company on Jan. 5, 20...
Posted: Oct 09, 2025
Crystal Venture Partners has closed $33 million Fund I, aimed to back early-stage companies modernising insurance, risk, and other complex systems through artificial intelligence (AI) and sector-specific innovation. Founded by solo GP Jonathan Cry...
Posted: Oct 09, 2025
Posted: Oct 09, 2025
Posted: Oct 09, 2025
Elon Musk and X Corp have reached a settlement in a lawsuit by four former top executives at Twitter, including former CEO Parag Agrawal, who claim they were not paid $128 million in promised severance pay after Musk acquired the …
Posted: Oct 09, 2025
Employers and employees see safety issues and solutions differently, and open communication could be the easy solution. A recent report on employees’ safety perspectives found gaps in both issues and solutions when it comes to workplace safety....
Posted: Oct 09, 2025
Russia has reported a growing number of drone attacks deep inside its territory, with some reaching nearly 2,000 kilometers (1,200 miles) from the Ukrainian border, further testing the country’s air defenses as the war expands. Drones were dete...
Posted: Oct 09, 2025
IMA Financial Group, a wholesale brokerage based in Denver, has added Valent Group, one of Alabama’s largest privately held insurance brokers, to its team of affiliated firms. Valent, a subsidiary of EBSCO Industries, will retain its name and f...
Posted: Oct 09, 2025
Real estate giant Greystar and 25 other property management companies have agreed to collectively pay more than $141 million to settle a class action lawsuit accusing landlords of driving up housing costs by using rent-setting algorithms offered by t...
Posted: Oct 09, 2025
Engle Martin & Associates, an independent claims management firm based in Atlanta, has acquired Integra Technical Services, an international adjusting firm headquartered in London. Integra, founded in 1998, manages claims in a number of industrie...
Posted: Oct 09, 2025
A dairy worker in Skagit County, Washington who said he was too injured to work pleaded guilty to illegally taking workers’ compensation payments. Efrain Alatorre Camarena, 58, pleaded guilty to three counts of third-degree theft and was ordere...
Posted: Oct 09, 2025
The United Services Automobile Association (USAA), a provider of insurance, banking, and financial services for military members and their families, has named Rob Arena as President of USAA Life Insurance Company, effective January 5, 2026. Arena...
Posted: Oct 09, 2025
New York City filed a new lawsuit accusing Facebook, Google, Snapchat, TikTok and other online platforms of fueling a mental health crisis among children by addicting them to social media. Wednesday’s 327-page complaint in Manhattan federal cou...
Posted: Oct 09, 2025
California workers’ compensation written premium levels for calendar years 2022 to 2024 remained consistent, marking a return to stability following sharp fluctuations during the pandemic. The Workers’ Compensation Insurance Rating Bureau...
Posted: Oct 09, 2025