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Camp Mystic Plans Partial Reopening After Devastating Texas Floods

Insurance Journal

Camp Mystic, the Christian girls’ camp where 25 young campers and two counselors died during the July 4 flooding, will reopen one of its campsites in 2026, according to an email shared with families. Camp Mystic officials said in the …

Posted: Sep 24, 2025

Cyber Insurance Claims Severity Drops 50% as Threats Shifting to Smaller Targets

Risk & Insurance

Insured companies strengthen their cyber defenses while attackers pivot strategies, Allianz Commercial reports. The post

Posted: Sep 24, 2025

If Amazon Tricked Customers into Joining Prime, Execs Could Face Personal Liability

Carrier Management

If Amazon Tricked Customers into Joining Prime, Execs Could Face Personal Liability A federal trial beg...

Posted: Sep 24, 2025

Planette launches new forecasting platform for insurance and financial industries

Reinsurance News

Planette, an expert in long-range weather prediction, has announced the launch of Joro, a high-resolution forecasting platform designed for financial institutions and insurance providers. Unlike traditional forecasts, Joro provides full probabilit...

Posted: Sep 24, 2025

New Vehicle Costs Drop, EVs Now More Expensive to Own: AAA

Carrier Management

New Vehicle Costs Drop, EVs Now More Expensive to Own: AAA New analysis highlights that th...

Posted: Sep 24, 2025

CNO to acquire minority interest in Janus Henderson’s VPC

Reinsurance News

Global asset manager Janus Henderson Group has revealed that CNO Financial Group, a nationwide life and health insurer and financial services provider, will acquire a minority interest in Victory Park Capital Advisors (VPC), its majority-owned alt...

Posted: Sep 24, 2025

Travelers: Confidence High in Guidance From Cyber Insurers; Work to Do on Take-Up

Insurance Journal

As cyber security threats continue to evolve, more businesses are trusting insurers to offer guidance on proactive protection and prevention. In fact, 86% of business leaders are confident in the cybersecurity guidance from insurance carriers—a highe...

Posted: Sep 24, 2025

Discipline remains crucial amid market softening: UIB CEO Barrington

Reinsurance News

Although the past two years have seen relatively calm catastrophe seasons, they differ in terms of market dynamics, according to UIB CEO Shaun Barrington, speaking at RVS 2025 in an interview with Reinsurance News. He believes the broader insuranc...

Posted: Sep 24, 2025

King Risk Adds Another South Carolina Agency with Acquisition of LH Griffith

Insurance Journal

King Risk Partners has expanded again in the Southeast with the acquisition of LH Griffith & Co., an agency with offices in Walterboro and Goose Creek, in southeast South Carolina. Griffith agency was founded 25 years ago. Heath Griffith is &#823...

Posted: Sep 24, 2025

Munich Re Ventures backs Insify as it raises €16.3m in Series B funding

Reinsurance News

Insify, the digital insurance platform for entrepreneurs, has raised €16.3 million in Series B funding, led by Evli Growth Partners, with continued support from Munich Re Ventures, Accel, Opera Tech Ventures, Visionaries Club, and Frontline Ventur...

Posted: Sep 24, 2025

Neptune Insurance Eyes $2.8B Valuation: IPO

Carrier Management

Neptune Insurance Eyes $2.8B Valuation: IPO Neptune Insurance said on Monday it was targeting...

Posted: Sep 24, 2025

Wildfire Smoke Set to Cause Mounting Deaths and Economic Losses

Carrier Management

Wildfire Smoke Set to Cause Mounting Deaths and Economic Loss...

Posted: Sep 24, 2025

West Virginia Residents Wary After State Nursing Homes Sold to Private Company

Insurance Journal

Every day, LaRanda Schoolcraft drives five minutes down the hill from her Terra Alta home to visit the family member she calls her “person.” “My grandpa has dementia now and doesn’t always make sense,” she said. “B...

Posted: Sep 24, 2025

California AG Encouraged by OpenAI’s Stance on Chatbot Harms in Wake of Suit

Insurance Journal

California Attorney General Rob Bonta said he was “encouraged” by a recent talk with OpenAI Chief Executive Officer Sam Altman and actions the company has taken in the wake of a lawsuit alleging ChatGPT guided a teenager to suicide. In &#...

Posted: Sep 24, 2025

TD Cowen’s London reinsurance takeaways show profitability amid softer rates

Reinsurance News

TD Cowen, an investment bank and financial services firm, shared key observations from recent meetings in London with reinsurance market participants. The firm reported that property-catastrophe rates are expected to continue softening, with estim...

Posted: Sep 24, 2025

Amynta Group Acquires Louisiana’s International Sureties

Insurance Journal

Amynta Group announced it has entered into a definitive agreement to acquire Global Surety, LLC, International Sureties Limited and International Sureties SARL (collectively, “International Sureties”), a commercial surety broker based in...

Posted: Sep 24, 2025

Markets/Coverages: Hub International Launches HUB Livestock Insurance in Canada

Insurance Journal

Hub International Ltd., the Chicago-based insurance broker, announced the launch of HUB Livestock Insurance in Canada, a scalable product with multiple specialized sub-programs, including equine, poultry and egg, dairy and cattle offerings, with othe...

Posted: Sep 24, 2025

Judge Rules Trump Cannot Block Nearly-Finished Offshore Wind Project

Insurance Journal

Danish offshore wind developer Orsted can restart work on the nearly finished Revolution Wind project off the coast of Rhode Island, a federal judge ruled on Monday, after President Donald Trump’s administration halted the project last month. T...

Posted: Sep 24, 2025

Reimagine Underwriting With Agentic AI at the CPCU Society’s In2Risk 2025

Risk & Insurance

In2Risk sessions will address emerging topics like the applications of Agentic AI in the insurance industry. The post Reimagine...

Posted: Sep 24, 2025

Aon expands Transition Performance Index to support insurers’ underwriting decisions

Reinsurance News

Aon, the global insurance and reinsurance broker, has expanded its transition analytics offering with the launch of the TPI Portfolio, an enhancement to its existing Transition Performance Index (TPI). The broker explains that this expanded capabi...

Posted: Sep 24, 2025

Court Reinstates Vermont Christian School to Sports League After Transgender Dispute

Insurance Journal

A federal appeals court says a Vermont Christian school can participate in the state’s sports league, overturning a previous ruling that upheld a ban on the school after it forfeited a high school girls basketball game against a team with &#823...

Posted: Sep 24, 2025

Cédric Wells to lead Sompo Claims, Insurance for Continental Europe

Reinsurance News

Sompo, a global provider of property, casualty, and specialty re/insurance, has announced the appointment of Cédric Wells as Head of Claims, Insurance, Continental Europe, effective immediately. In his new role, Wells will leverage his 25 years of...

Posted: Sep 24, 2025

CFC’s new hire Stoloff to enhance underwriting offering in Asia Pacific

Reinsurance News

CFC, a specialist insurance provider, has announced the appointment of Danton Stoloff as Senior Underwriter for transaction liability in Australia. Based in Sydney, Stoloff will be responsible for expanding CFC’s transaction liability offering acr...

Posted: Sep 24, 2025

Howden urges cyber premium pool growth in softening market cycle

Reinsurance News

A new report from Howden has underlined the urgent need for scaled cyber risk transfer in Europe, where increasingly complex and costly threats collide with low insurance uptake, while also highlighting the strong return on investment from effecti...

Posted: Sep 24, 2025

Autonomous Trucking Startup Gatik to Deploy 50 Rigs in Canada

Insurance Journal

Autonomous trucking startup Gatik AI Inc. plans to operate 50 self-driving freight trucks in Canada by the end of next year, pushing toward driverless shipping with plans to remove the safety driver within months of deployment on public roads. Privat...

Posted: Sep 24, 2025

AM Best warns of heavy strain on Nepal’s insurance industry after Kathmandu riots

Reinsurance News

Credit rating agency AM Best has warned that Nepal’s non-life insurance market could face serious financial stress following recent riots in Kathmandu. The agency notes that even moderate claims can weigh heavily on the small-sized industry, which...

Posted: Sep 24, 2025

Jaguar Land Rover Cyberattack Shutdown to Hit 4 Weeks; Insurance Cover in Question

Insurance Journal

Britain’s biggest carmaker Jaguar Land Rover is extending the closure of its factories until October 1 following a cyberattack in early September that has left its operations paralyzed and smaller suppliers struggling. The luxury carmaker, owne...

Posted: Sep 24, 2025

Tower lifts cat cover to NZ$915m as CEO cites risk-based pricing advantage

Reinsurance News

New Zealand-based insurer Tower has renewed its reinsurance programme for the financial year ending September 2026, increasing its catastrophe cover limit to NZ$915 million from NZ$800 million in 2025. According to the Kiwi insurer, the renewal se...

Posted: Sep 24, 2025

Drones, Systems Hack Test Europe’s Aviation Security Defenses

Insurance Journal

A hack hitting major airports across Europe followed by drone incursions in Copenhagen and Oslo are testing the weak spots of the region’s aviation infrastructure and raising fears about coordinated attacks leading to increased disruption. In D...

Posted: Sep 24, 2025

Royal London completes £61m BPA with Stora Enso UK Group Pension Scheme

Reinsurance News

Royal London, a UK provider of mutual life, pensions and investment, has completed a £61 million bulk purchase annuity (BPA) transaction with the Stora Enso UK Group Pension Scheme, securing the benefits of 758 members. The latest buy-in marks the...

Posted: Sep 24, 2025

Hong Kong’s Airlines Evacuate Planes as They Wait Out Typhoon Ragasa

Insurance Journal

As Typhoon Ragasa, the world’s most powerful tropical cyclone this year, approached Hong Kong this week, mass flight cancellations and lost revenue were not the only headache for airlines based at one of the world’s busiest airports. Ahea...

Posted: Sep 24, 2025

Typhoon Ragasa Eclipses Mangkhut in Hong Kong’s Wild Weather Run

Insurance Journal

Super Typhoon Ragasa’s fierce winds have kept Hong Kong’s most severe storm warning in place for the second-longest ever duration, eclipsing storm Mangkhut but falling short of an all-out record. The city’s highest storm alert, sign...

Posted: Sep 24, 2025

Tokio Marine Kiln introduces enhanced Cyber Ctrl insurance suite

Reinsurance News

Tokio Marine Kiln (TMK), a specialist insurer, has launched an updated version of its Cyber Ctrl product suite. The new offering includes expanded products and revised wordings, such as the new Professional Ctrl policy for Technology, Media, and E...

Posted: Sep 24, 2025

John Gorman to serve as Head of Facultative and Facilities at Ryan Re

Reinsurance News

Ryan Specialty, an international specialty insurance firm, has appointed John “JJ” Gorman as Head of Facultative and Facilities for Ryan Re Underwriting Managers (Ryan Re), effective October 1st, 2025. Ryan Re is the insurer’s ma...

Posted: Sep 24, 2025

GreenieRE Coalition & Trellis Climate launch Vensurety for climate companies

Reinsurance News

GreenieRE Coalition, a reinsurer focused on insurance innovation for the energy transition, and Trellis Climate, an impact-first, catalytic capital program investing in early climate infrastructure projects, have launched Vensurety, an impact-firs...

Posted: Sep 24, 2025

People Moves: XS Brokers Promotes Wirkus to CEO, McVicker President

Insurance Journal

Independent binding authority and wholesale brokerage XS Brokers recently announced Erik Wirkus has been promoted to chief executive officer. Wirkus has served as president of the Quincy, Massachusetts-based company since 2019. He has been with XS Br...

Posted: Sep 24, 2025

New Visa Fees Spur Offshoring Talks, Hiring Turmoil

Insurance Journal

The Trump administration’s hefty new visa fees for H-1B workers have prompted high-level talks inside companies in Silicon Valley and beyond on the possibility of moving more jobs overseas—precisely the outcome the policy was meant to stop. U.S...

Posted: Sep 24, 2025

Reviving RadioShack Online Turned Into Ponzi Scheme, SEC Claims

Insurance Journal

A company that snatched up distressed brick-and-mortar brands including RadioShack and Pier 1 Imports and promised investors big returns in a pivot to e-commerce operated as a Ponzi-like scheme, the US Securities and Exchange Commission alleged. When...

Posted: Sep 24, 2025

OneDigital Plans More Expansion With $2.3B Investment from Canada, Stone Point

Insurance Journal

Atlanta-based insurance and benefits brokerage OneDigital is the beneficiary of a $2.3 billion investment – a majority stake to be taken by the Canada Pension Plan and Stone Point Capital. The investment comes through an acquisition of a stake from &...

Posted: Sep 24, 2025

People Moves: LP Insurance Appoints Thompson as First Chief Financial Officer

Insurance Journal

LP Insurance named Heather Thompson as its first chief financial officer. Thompson joined LP in 2018 as a financial analyst and was promoted to controller, overseeing all of LP’s accounting and finance operations in 2022. As CFO, she leads LP&#...

Posted: Sep 24, 2025

ALKEME Acquires New York City Real Estate Specialist Gotham Brokerage

Insurance Journal

California-based ALKEME Insurance reports it has acquired Gotham Brokerage Co., a New York City insurance agency specializing in insurance for condos, co-ops, and apartments with a concentration in the high-value real estate markets of Brooklyn and M...

Posted: Sep 24, 2025

Karen Read’s Lawyers Ask Judge to Dismiss Part of Wrongful Death Lawsuit

Insurance Journal

Karen Read’s lawyers asked a judge on Monday to dismiss part of a wrongful death lawsuit brought by the family of her former Boston police officer boyfriend, whose killing she was acquitted of earlier this year after two highly publicized &#823...

Posted: Sep 24, 2025

SRG names Sasa Brcerevic as Group Chief Commercial Officer

Reinsurance News

Specialist Risk Group (SRG), a specialist insurance group, has announced the appointment of Sasa Brcerevic as its first Group Chief Commercial Officer, effective 1 November 2025. Brcerevic brings a broad and varied background across the insurance...

Posted: Sep 24, 2025

Guillermo del Toro Almost Lost His Movie Memorabilia in California Wildfire

Insurance Journal

Many fled when wildfires devastated Los Angeles earlier this year, but Guillermo del Toro rushed back in, determined to save his lifelong collection of horror memorabilia. It’s the same loyalty that finds him making another tough decision to pr...

Posted: Sep 24, 2025

How Risk Retention Groups Evolved to Fill Critical Insurance Gaps

Risk & Insurance

When traditional coverage becomes unavailable or unaffordable, these specialized structures offer industry-specific solutions—but require careful management to succeed. The post

Posted: Sep 23, 2025