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Insurance Business Magazine - US
Posted: Mar 03, 2026
As the U.S.-Israeli air war against Iran widened on Monday with no end in sight, focus shifted to the impact on airlines. Operations have been disrupted for a third day and revenue losses are not covered by insurers, analysts and …
Posted: Mar 03, 2026
Following the recent escalation of conflict in the Middle East, S&P has indicated that reinsurers’ capital adequacy is strong enough to mitigate the potential risk of credit quality deterioration, although those with broad geographic footprint...
Posted: Mar 03, 2026
Insurance companies are canceling war risk coverage for vessels in the Middle East Gulf as the widening Iran conflict disrupts shipping, leaving tankers damaged or stranded and at least two people dead. Shipping through the Strait of Hormuz between I...
Posted: Mar 03, 2026
The insurance industry has historically characterized “self-service” as if it were a single finish line. Build a portal. Expose some documents. Enable a few transactions. Do these things and adoption will follow. The reality is far more n...
Posted: Mar 03, 2026
Cotality, a global property information, analytics, and data-enabled solutions provider, has appointed the former Chief Executive Officer (CEO) of USAA, Wayne Peacock, as an Independent Member of its Board, effective February 18th, 2026. Peacock s...
Posted: Mar 03, 2026
NMFTA’s SCAC Verified introduces identity verification and enhanced code validation to help reduce impersonation risk in trucking. Alexandria, VA, March 3, 2026 — Freight fraud is no longer confined to long-haul trucking. Service fleets, privat...
Posted: Mar 03, 2026
K2 Group Holdings Limited (K2 International), a London-based specialty re/insurance underwriting platform and division of K2 Insurance Services, has launched K2 Professional Indemnity Limited (K2 PI), a new division that will write international (...
Posted: Mar 03, 2026
A newly established centralised management platform for the life and annuity sector, Foundry Insurance Services Ltd. (Foundry), has officially launched in Bermuda. The firm is led by Andrew Markus as Chief Executive Officer (CEO) and focuses on in...
Posted: Mar 03, 2026
Global insurance and reinsurance broker Howden has announced the appointment of Andrew McGee as Chief Broking Officer for Howden UK&I Retail. In his new role, McGee will oversee engagement with Howden’s insurer partners. His proven track recor...
Posted: Mar 03, 2026
Posted: Mar 03, 2026
Brokerslink, an insurance broking network connecting independent brokers worldwide, has expanded its operations in Greece by bringing on board Athens-based AGORA Insurance. Founded in 2024 through the strategic merger of portfolios from leading lo...
Posted: Mar 03, 2026
Amazon.com Inc.’s cloud unit warned of prolonged disruptions to its services after revealing that drone strikes damaged three of its data centers in the Middle East in recent days. Amazon Web Services Inc. said for the first time that drones &#...
Posted: Mar 03, 2026
Acrisure London Wholesale, the London-based wholesale division of global fintech firm Acrisure, has expanded into the construction market with the appointment of Tom Hester as Senior Vice President (SVP), Head of Construction. In his new role, Hes...
Posted: Mar 03, 2026
What Berkshire’s CEO Abel Said About Insurance Berkshire Hathaway's chief executive had the...
Posted: Mar 03, 2026
Consilium, a specialty re/insurance broker, has introduced a dedicated policy within its Professional & Executive Risks division to address the needs of private equity firms. The policy is designed specifically for private equity, with wording...
Posted: Mar 03, 2026
A U.S. economy that has weathered a year of trade, immigration and other shocks now faces a new test likely to ratchet up uncertainty after President Donald Trump’s decision to launch open-ended attacks against Iran with the stated goal of R...
Posted: Mar 03, 2026
A group of U.S. senators issued a letter to Labor Secretary Chavez-DeRemer and Assistant Secretary of Labor for Occupational Safety and Health David Keeling, outlining their concerns about new data showing a significant drop in workplace safety inves...
Posted: Mar 03, 2026
Were he alive today, Albert Einstein would make for a fantastic expert witness in builders risk coverage litigation. Einstein’s testimony on the concept of entropy would be particularly insightful—assuming his hourly rate was affordable, of cou...
Posted: Mar 03, 2026
The Interstate 4 construction project in Orlando may have been one of the most accident-plagued sites in Florida history, leading to the deaths of five workers and significant injuries for others, along with damage to vehicles. But one of those ̷...
Posted: Mar 03, 2026
The Interstate 4 construction project in Orlando may have been one of the most accident-plagued sites in Florida history, leading to the deaths of five workers and significant injuries for others, along with damage to vehicles. But one of those ̷...
Posted: Mar 03, 2026
Africa Specialty Risks (ASR), the developing-markets-focused re/insurance group, has appointed Joseph Kotran as Head of Business Development, Middle East and Turkey. In his new role, Kotran will lead business development initiatives across the reg...
Posted: Mar 03, 2026
Last month, New York City announced it would begin activating red light cameras at 50 new intersections each week for the next five weeks, reaching 600 intersections by the end of 2026. The New York City Department of Transportation (NYC …
Posted: Mar 03, 2026
A California family is charged with insurance fraud in what authorities describe as a staged staging accident involving a Porsche. Pasadena residents Sarkis Dishchyan, 47, Ani Suzie Labbad, 47, and Violett Lara Labbad, 44, were arraigned on multiple...
Posted: Mar 03, 2026
A licensed insurance agent in California has been charged with insurance fraud and premium theft, which was discovered during an investigation following the death of a student athlete. Gonzalo Lorona, 58, of Oxnard, was charged with 37 felony counts,...
Posted: Mar 03, 2026
Florida-based King Risk Partners is continuing its expansion in the Northeast through the acquisition of PRL Associates, an insurance agency based in Endicott, New York. For more than 15 years, PRL Associates has provided personal and commercial insu...
Posted: Mar 03, 2026
AI-Generated Job Ads Discriminated Against U.S. Workers, Says Civil...
Posted: Mar 03, 2026
The company has implemented Microsoft’s AI platform to expand internal productivity capabilities.
Posted: Mar 02, 2026
New Big “I” survey reveals that only 3 in 10 Americans (31%) review or shop for insurance each year, with many waiting until premiums increase, major life changes occur, or coverage issues arise.
Posted: Mar 02, 2026
The insurer has consolidated in-force and closed book portfolios onto a single modern platform.
Posted: Mar 02, 2026
The firms have launched a coordinated framework focused on risk identification, mitigation financing and insurance solutions in wildfire-prone regions.
Posted: Mar 02, 2026
Posted: Mar 02, 2026
Zurich Insurance and Beazley Agree to $10.9B Cash Acquisition Zurich Insurance Group announced it...
Posted: Mar 02, 2026
The companies are enhancing their partnership by introducing a 10% discount on new pet insurance policies.
Posted: Mar 02, 2026
The mark covers full-service workers’ compensation offerings, including underwriting and claims adjusting services, under International Class 36.
Posted: Mar 02, 2026
The program will be led by Michael Levins.
Posted: Mar 02, 2026
Seafarer’s appointed brokers will now have direct access to both admitted and non-admitted capacity.
Posted: Mar 02, 2026
The investments were made through its expanded Nassau Reimagine program.
Posted: Mar 02, 2026
The new benefit is included in the Allstate Identity Protection Blue Plan.
Posted: Mar 02, 2026