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ALDOI to Hold Hearing on Planned ProAssurance Merger with FD Insurance

Insurance Journal

The Alabama Department of Insurance will hold a public hearing next week on the proposed merger of a ProAssurance unit and FD Insurance – the latest of many financial moves for both companies in the last decade. ProAssurance Indemnity Co., …

Posted: Oct 07, 2025

People Moves: Holmes Murphy Names Anderson Sioux Falls Employee Benefits Sales Leader

Insurance Journal

Holmes Murphy, headquartered in Waukee, Iowa, hired Jordan Anderson as vice president and employee benefits sales leader in its Sioux Falls, South Dakota, office. Anderson will focus on helping Holmes Murphy deepen its client relationships, drive gro...

Posted: Oct 07, 2025

HSB to protect small businesses with new cyber insurance & incident response solution

Reinsurance News

HSB, a specialist engineering and technology insurer, has announced the launch of HSB CyberPro, a cyber insurance and incident response solution designed for micro and small businesses in the UK and Ireland with revenues of up to £10 million. Desp...

Posted: Oct 07, 2025

J&J Must Pay $966M After LA Jury Finds Company Liable In Talc Cancer Case

Insurance Journal

A Los Angeles jury late on Monday ordered Johnson & Johnson to pay $966 million to the family of a woman who died from mesothelioma, finding the company liable in the latest lawsuit alleging its baby powder products cause cancer. …

Posted: Oct 07, 2025

J&J Must Pay $966M After Jury Finds Company Liable In Talc Cancer Case

Insurance Journal

A Los Angeles jury late on Monday ordered Johnson & Johnson to pay $966 million to the family of a woman who died from mesothelioma, finding the company liable in the latest lawsuit alleging its baby powder products cause cancer. …

Posted: Oct 07, 2025

Workers’ Comp Delivers Record Profits in 2024 as Pricing Declines

Risk & Insurance

Workers' compensation line posts lowest combined ratio among major P&C segments despite accelerating rate cuts: AM Best. The post ...

Posted: Oct 07, 2025

Will Airport Runway Close Calls Spur Wider Adoption of Cockpit Alert Technology?

Insurance Journal

As a Boeing 757 aircraft prepared to land, an audio alert started blaring in the cockpit: “Traffic on runway! Traffic on runway!” Seconds later, the same warning popped up on the navigation display. It prompted the pilot to abort the &#82...

Posted: Oct 07, 2025

Nick Clay to lead Chubb’s Renewable Energy & Alternative Fuels Industry Practice

Reinsurance News

Global insurer Chubb has announced the appointment of Nick Clay as Renewable Energy & Alternative Fuel (REAF) Industry Practice Lead for UK & Ireland. Clay will lead Chubb’s new Renewable Energy & Alternative Fuels Industry Practice, w...

Posted: Oct 07, 2025

Construction Supervisor on Maryland Projects Admits to Stealing Wages

Insurance Journal

A York, Pennsylvania construction supervisor pleaded guilty to participating in a scheme that defrauded construction workers of wages on University of Maryland projects, officials have reported. According to Maryland Attorney General Anthony G. Brown...

Posted: Oct 07, 2025

Ransomware attacks to surge 40% by 2026 amid AI and cloud vulnerabilities: QBE

Reinsurance News

Ransomware attacks are predicted to escalate in the coming years, with the number of publicly named victims expected to rise by 40% by the end of 2026, a new QBE report warns. The report, titled Cloud cover: forecasting digital disruption in a cyb...

Posted: Oct 07, 2025

Transportation Sector Ranks Environmental Issues and Cyber Threats as Top Reputational Risks

Risk & Insurance

WTW survey reveals fundamental shift in risk landscape as new reputational risks displace traditional safety concerns for transportation companies. The post

Posted: Oct 07, 2025

O’Donnell joins Howden US as Practice Head of Logistics

Reinsurance News

Global insurance broking group Howden has appointed Tom O’Donnell as Practice Head of Logistics, Howden US. O’Donnell, who holds over 25 years of experience, joins Howden from Aon, where he has held leadership roles since 2016, most recently as Lo...

Posted: Oct 07, 2025

Georgia Man Indicted After Fishing Tournament Boat Crash That Killed 3 in Alabama

Insurance Journal

A Georgia man has been indicted on manslaughter charges in Alabama after an April boat wreck during a professional fishing tournament killed three people and injured two others. Flint Andrew Davis, 22, was indicted Thursday in Cullman County on three...

Posted: Oct 07, 2025

All Injured in Deadly NC Waterfront Bar Shooting Released from Hospital

Insurance Journal

All six people hospitalized after a coastal North Carolina shooting last weekend that left three dead at a waterfront bar have been released, officials announced Friday. Southport officials initially said five people were wounded in the rifle attack...

Posted: Oct 07, 2025

Fortegra secures box in Lloyd’s underwriting room

Reinsurance News

Fortegra Group, a global specialty insurer and subsidiary of Tiptree Inc., has secured a box in the underwriting room at Lloyd’s. Fortegra will operate from Box 388 on the third gallery in the Lloyd’s underwriting room, effective immediately...

Posted: Oct 07, 2025

CFC appoints John Keebler and Morgan Justice to US cyber team

Reinsurance News

CFC, a specialist insurance provider focused on emerging risks and cyber, has established a new US-based cyber development team and expanded its regional presence with the appointments of John Keebler and Morgan Justice. CFC has named Keebler as i...

Posted: Oct 07, 2025

Australia sees 25% decrease in nat cat insured losses in 2024-25: ICA

Reinsurance News

Over the 12 months to 30 June 2025, Australia saw a 25% decrease in total insurance losses from natural catastrophe events, falling from $2.61 billion in 2023–24 to $1.97 billion in 2024–25, according to the Insurance Council of Australia (ICA). D...

Posted: Oct 07, 2025

Florida’s Citizens Is Deferring Flood Coverage Proof While NFIP Is Shut Down

Carrier Management

Florida’s Citizens Is Deferring Flood Coverage Proof While NFIP Is Shut Down Florida's Citizens Pr...

Posted: Oct 07, 2025

Insurer Says Tech Services Firms Should Pay for Insured’s Ransomware Damages

Carrier Management

Insurer Says Tech Services Firms Should Pay for Insured’s Ransomware Damages...

Posted: Oct 07, 2025

M&A Settlements in Delaware Chancery Court Have Increased Substantially: Cornerstone

Insurance Journal

The number and total aggregate amount of settlements in merger and acquisition (M&A)-related lawsuits in the Delaware Court of Chancery have increased substantially since 2019, with the total aggregate settlement amount exceeding $600 million in...

Posted: Oct 07, 2025

Markets/Coverages: HSB Launches Cyber Risk Solution for SMEs in UK and Ireland

Insurance Journal

Specialist engineering and technology insurer, HSB, has launched a cyber insurance and incident response solution specifically designed for micro and small businesses in the UK and Ireland with revenues of up to £10 million (US$13.5 million). HSB Cyb...

Posted: Oct 07, 2025

Coalition Re unveils new early detection system for potential cyber exposures

Reinsurance News

Coalition Re, the standalone cyber reinsurance intermediary of Coalition, has announced its Live Event Response offering, a new reporting capability that alerts cedants when policyholders may be exposed to an unfolding cyber event, such as a zero-...

Posted: Oct 07, 2025

Charlie Javice Duped JPMorgan Out of $175 Million. The Bank is Picking Up Her Legal Tab

Insurance Journal

JPMorgan Chase & Co. was hit with $115 million in lawyers’ bills for Charlie Javice and a second executive convicted of defrauding the bank, yet another twist in a years-long legal saga that’s captivated Wall Street. The defense tab,...

Posted: Oct 07, 2025

Charlie Javice Duped JPMorgan Out of $175 Million. The Bank Is Picking Up Her Legal Tab

Insurance Journal

JPMorgan Chase & Co. was hit with $115 million in lawyers’ bills for Charlie Javice and a second executive convicted of defrauding the bank, yet another twist in a years-long legal saga that’s captivated Wall Street. The defense tab,...

Posted: Oct 07, 2025

DXC launches AI-powered SaaS solution for small and mid-sized insurance brokers

Reinsurance News

DXC Technology, a global technology services provider, has launched Assure Broking Essentials, a new AI-powered, multi-tenant SaaS solution, designed to help small and mid-sized insurance brokers. This new platform aims to address the challenges o...

Posted: Oct 07, 2025

People Moves: Arch Insurance Int’l Taps Beazley’s Reid as Head of Business Solutions; Allianz Commer...

Insurance Journal

This edition of International People Moves details appointments at Arch Insurance International and Allianz Commercial. A summary of these new hires follows here. Arch Insurance Int’l Taps Beazley’s Reid as Head of Business Solutions Arch...

Posted: Oct 07, 2025

Fire at Ford Supplier in New York to Disrupt Business for Months, WSJ Reports

Insurance Journal

A fire that broke out at Novelis’ New York plant in Oswego will disrupt business at Ford and other automakers for months, the Wall Street Journal reported on Monday. Ford, the biggest user of the plant’s aluminum, will likely flag …

Posted: Oct 07, 2025

US Supreme Court Allows Order Forcing Google to Make App Store Reform

Insurance Journal

The U.S. Supreme Court declined on Monday to halt key parts of a judge’s order requiring Alphabet’s Google to make major changes to its app store Play, as the company prepares to appeal a decision in a lawsuit brought by …

Posted: Oct 07, 2025

Rokstone expands Singapore marine operation with Seah and Hui Ling appointments

Reinsurance News

Rokstone, an international specialty re/insurance MGA, has expanded its Asia Pacific marine operation in Singapore with the appointment of two highly experienced senior underwriters: Sharon Seah and Hui Ling Long. With over 35 years of experience,...

Posted: Oct 07, 2025

Captain of Oil Tanker Linked to Russia’s Shadow Fleet Will Face Trial in France

Insurance Journal

The captain of an oil tanker that authorities in France have detained off the country’s Atlantic coast and which President Emmanuel Macron has linked to Russia will go on trial in February over the crew’s alleged refusal to cooperate, a &...

Posted: Oct 07, 2025

Lockton advises Marinus Link on Financial Close for subsea interconnector project

Reinsurance News

Lockton, an independent insurance broker, has advised Marinus Link Pty Ltd (MLPL) in reaching Financial Close on its landmark subsea interconnector between Tasmania and mainland Australia. Marinus Link is a proposed undersea and underground electr...

Posted: Oct 07, 2025

Bishop Street Underwriters acquires London-based MGA Avid

Reinsurance News

Bishop Street Underwriters, a RedBird Capital Partners portfolio company, has acquired Avid Insurance, a niche multi-disciplined managing general agent (MGA) based in London. This acquisition, closed on October 3, 2025, with all requisite regulato...

Posted: Oct 07, 2025

Carrow Insurance launches new A&H products for UK employers

Reinsurance News

Carrow Insurance, a specialist MGA, has introduced a new range of Accident & Health (A&H) products in the UK, tailored for corporate and affinity businesses. Supported by Mission, Carrow is offering brokers new capacity, responsive underwr...

Posted: Oct 07, 2025

Davies launches new agentic AI features to its ClaimPilot product suite

Reinsurance News

Davies, a specialist professional services and technology firm serving the insurance market, has unveiled new agentic artificial intelligence (AI) features to its ClaimPilot product suite designed to transform the claims process. The firm has deve...

Posted: Oct 07, 2025

EU Restricts Use of ‘Forever Chemicals’ in Firefighting Foams

Insurance Journal

The European Commission said on Friday it was restricting the use of substances known as PFAS, or “forever chemicals,” in firefighting foams, marking a step towards the EU’s objective to minimize the use of PFAS in consumer goods. P...

Posted: Oct 07, 2025

Lemonade adds PayPal CMO Geoff Seeley to its Board

Reinsurance News

AI-powered digital insurance company Lemonade has named Geoff Seeley, Chief Marketing Officer of PayPal, to its Board of Directors. Along with Seeley, Lemonade’s current board of directors is now composed of Lemonade co-founders Daniel Schreiber a...

Posted: Oct 07, 2025