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U.S. Intends to Cancel $13 Billion in Funds for Green Energy The U.S. Department of Energy intends to cancel m...
Posted: Sep 25, 2025
New Hampshire has received an initial payment of close to $8 million from the 3M Company’s nationwide PFAS settlement of public drinking water systems claims. Attorney General John M. Formella said the funds will be deposited in the state’...
Posted: Sep 25, 2025
Conning, an investment management firm that also provides insurance research and strategic insights, has released its latest study, 2025: Commercial Auto Insurance Market – Challenges and Opportunities. The report delivers a thorough assessment of...
Posted: Sep 25, 2025
Enjoy this two-part guest post by our friend, Christopher Boggs, Chief Consultant, Boggs Risk & Insurance Consulting. Death has been on my mind recently. Partly for work reasons but mostly for personal reasons. Please understand that I’m ne...
Posted: Sep 25, 2025
The long history of bourbon production at Buffalo Trace Distillery has been connected to the Kentucky River — summed up as a blessing and curse by a plaque on the grounds. In the 1800s, long before the Buffalo Trace name …
Posted: Sep 25, 2025
Being ready as industry reactions affect commercial clients’ cost and access to capacity More and more, this is business by science, not gut feeling. Quoting is increasingly tied to quantified engineering and survey evidence rather than generic clas...
Posted: Sep 25, 2025
A former Omega Psi Phi pledge who alleges he was so severely beaten during the Nu Eta chapter’s “Hell Night” that he had to relearn how to walk is now suing the fraternity, the University of Southern Mississippi, multiple other R...
Posted: Sep 25, 2025
Poland’s largest insurer PZU has appointed Bogdan Benczak as its new chief executive, filling a role that had been led by an acting CEO since the dismissal of his predecessor in August. The appointment, effective September 25, is conditional on...
Posted: Sep 25, 2025
CyberCube, a provider of cyber risk analytics for the insurance industry, has released new research showing how diversification and mitigation strategies can materially reduce exposure to catastrophic cyber events. Based on analysis using CyberCub...
Posted: Sep 25, 2025
Amazon.com sued the New York State Public Employment Relations Board on Monday to block it from enforcing a new law that the online retailer considers an attempt to illegally regulate private sector labor relations. In a complaint filed in Brooklyn &...
Posted: Sep 25, 2025
Canopius Group, a global specialty and Property & Casualty re/insurer, has announced the appointment of Norm Kimber as Credit & Political Risk Underwriter, effective in the first quarter of 2026. In his new role, Kimber will help strengthe...
Posted: Sep 25, 2025
New research from Swiss Re has confirmed that juror sentiment in the U.S. has shifted decisively toward plaintiffs, which is reportedly influencing verdicts in measurable ways, reinforcing the scale and persistence of uncertainty in the liability...
Posted: Sep 25, 2025
Pine Walk Capital Ltd., the specialist MGA platform and wholly owned subsidiary of The Fidelis Partnership (TFP), announced it has launched a new managing general agent, Imala Re. TFP also announced it will be opening a Miami office on Oct. …
Posted: Sep 25, 2025
Tropical Storm Ragasa is moving toward northern Vietnam, threatening to drench the capital of Hanoi with heavy rain, after weakening overnight as the system tracked across southern China. The storm was near Beihai, packing maximum sustained winds of...
Posted: Sep 25, 2025
Aon, the global insurance and reinsurance broker, has promoted Leon Walker as Captives Leader for Europe, the Middle East, and Asia (EMEA) effective January 1st, 2026. In his new role, Walker will drive strategy, transformation, and sustainable gr...
Posted: Sep 25, 2025
RTX subsidiary Collins Aerospace is working on restoring its onsite passenger processing software for airlines after a cyber “intrusion” disrupted operations, the company said on Wednesday. Charlotte, North Carolina-based Collins Aerospac...
Posted: Sep 25, 2025
Pine Walk, a specialist managing general agent (MGA) platform and wholly owned subsidiary of The Fidelis Partnership (TFP), has announced the launch of its newest MGA, Imala Re. TFP is also opening its first North American office in Miami on Octob...
Posted: Sep 25, 2025
Denmark endured the second drone attack this week as authorities probe Russian involvement in an earlier incident. Large professional drones spotted at five regional airports in Denmark disrupted flights and sparked a major police operation. The airp...
Posted: Sep 25, 2025
UK insurer Legal and General Assurance Society Limited (L&G) has completed a £1.6 billion buy-in with the BP Pension Fund, marking the first transaction for the £18 billion Fund. The two parties collaborated closely on the deal, including agre...
Posted: Sep 25, 2025
Amiga Specialty, a specialist managing general agent (MGA) backed by B.P. Marsh, has appointed James Rasmussen as Managing Director for its Management Liability division covering the UK and Europe, effective immediately. Based in London, Rasmussen...
Posted: Sep 25, 2025
Amiga Specialty, a specialist managing general agent (MGA) backed by B.P. Marsh, has appointed James Rasmussen as Managing Director for its Management Liability division covering the UK and Europe, effective immediately. Based in London, Rasmussen...
Posted: Sep 25, 2025
India plans to set up a nuclear liability fund to cover accident compensation in excess of 15 billion rupees ($169 million) owed by plant operators, in a bid to ease risk-sharing concerns among global suppliers and private firms, two government ̷...
Posted: Sep 25, 2025
Laurent Montador, Deputy Chief Executive Officer (CEO) of French reinsurer Arundo Re, told Reinsurance News at RVS 2025 in Monte Carlo, that as the risk landscape continues to evolve, it’s important to stay disciplined. Montador explained that at...
Posted: Sep 25, 2025
Posted: Sep 25, 2025
The U.S. Department of Energy intends to cancel more than $13 billion in funds that the Biden administration had pledged to subsidize wind, solar, batteries and electric vehicles, it said on Wednesday. It was not immediately clear which funds were &#...
Posted: Sep 25, 2025
Fabrice Lehmann caught sight of his target as he left his suburban Paris home, dressed for work. He began tailing him, trying to blend in with the commuters heading into the city. A private detective since 1994, Lehmann has increasingly …
Posted: Sep 25, 2025
Global reinsurer Munich Re has appointed Sabine Starbatty as Client Management Executive (CME) for Non-Life Middle East and North Africa (MENA), and she will continue to have dual responsibility as Head of Treaty Underwriting Property & Casual...
Posted: Sep 25, 2025
Coverys, a provider of insurance and reinsurance across a range of medical professional liability and healthcare lines, has appointed Rob Littlemore and Catherine Farnworth as Independent Non-Executive Directors. Additionally, Farnworth will also...
Posted: Sep 25, 2025
Howden US, headquartered in Columbia, South Carolina, appointed Mark Peterson as head of its construction, infrastructure and surety practice. Peterson joins Mike Parrish’s Howden US team and works closely with Naresh Dade, global head of const...
Posted: Sep 25, 2025
Insurance and financial services company Aviva has completed a £160 million bulk purchase annuity (BPA) buy-in with the SG Pension Fund, securing the benefits of more than 1,900 members. The scheme sponsor is Portakabin Limited, a provider of modu...
Posted: Sep 25, 2025
Posted: Sep 25, 2025
Posted: Sep 25, 2025
For decades, insurers have relied on spreadsheets and legacy systems to manage one of their most critical functions: pricing. But as market dynamics shift and pressures intensify, the old tools are no longer fit for this purpose. In today’s vol...
Posted: Sep 25, 2025
South Carolina Workers’ Compensation Commission Executive Director Gary Cannon is retiring next month after 16 years on the job. The commission has named Kristen McRee, the director of administrative services at the agency, as the new director,...
Posted: Sep 25, 2025
Across the South and the United States, homeowners’ insurance rates are rising, with some states seeing an increase of over 50%. Experts say that this issue is contributing to an ongoing housing crisis. While insurance companies have attempted...
Posted: Sep 25, 2025
The South Carolina Workers’ Compensation Commission had no legal right to hold on to – for more than 15 years – some $1.8 million set aside by a bankrupt textile manufacturer for injury claims that never materialized, the state Court …
Posted: Sep 25, 2025
The state of Connecticut has paid $2.25 million to settle a wrongful death lawsuit brought by the husband of Joyce Grayson, the 63-year-old visiting nurse and mother of six who was killed by a registered sex offender in a halfway …
Posted: Sep 25, 2025
The McGowan Companies acquired Limit, a digital wholesale insurance brokerage headquartered in Covina, California, via an asset purchase agreement. After the transaction is closed, Limit will continue to operate under the “Limit” brand, w...
Posted: Sep 25, 2025
The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) is set to provide facultative reinsurance to selected export transactions insured by Takaful Libya. This collaboration will enhance Takaful Libya’s capacity to under...
Posted: Sep 25, 2025
Utility Xcel Energy Inc. agreed to pay about $640 million to resolve claims that its power lines contributed to the 2021 ignition of the costliest wildfire in Colorado history. The company said in a filing Tuesday that it reached settlements …
Posted: Sep 25, 2025
As artificial intelligence transforms the cybercriminal landscape and attack frequency soars, a surprising protection gap persists among the businesses that need coverage most. The post
Posted: Sep 24, 2025
The collaboration connects policyholders, adjusters, and vendors in a single conversation thread while automating key claim updates.
Posted: Sep 24, 2025
The insurer says SmartBenefits provides automatic payments to insured guests experiencing qualifying delays.
Posted: Sep 24, 2025
The recently released World Life Insurance Report 2026, conducted jointly by Capgemini and LIMRA, finds … Read more
Posted: Sep 24, 2025
The veteran CIO explains how Ascot is modernizing core systems, embedding AI into workflows, and building the digital foundation to support growth.
Posted: Sep 24, 2025