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QBE promotes Virginie Massé to Head of European Claims

Reinsurance News

Australian insurer QBE has announced the promotion of Virginie Massé to Head of European Claims, effective 1st September 2025. In her new role, Massé will remain based in Paris and report to Mike East, Claims Director at QBE European Operations (E...

Posted: Aug 20, 2025

Hijacked Satellites, Orbiting Space Weapons: In 21st Century, Space Is New Battlefield

Insurance Journal

As Russia held its Victory Day parade this year, hackers backing the Kremlin hijacked an orbiting satellite that provides television service to Ukraine. Instead of normal programing, Ukrainian viewers saw parade footage beamed in from Moscow: waves o...

Posted: Aug 20, 2025

Aon names Tony DeMarco as Reinsurance MD

Reinsurance News

Aon, a global insurance and reinsurance broking group, has hired Tony DeMarco from Gallagher Re as Managing Director within its Reinsurance Solutions division, based in New York. In his new role, DeMarco will support the design and execution of ca...

Posted: Aug 20, 2025

Allianz Raises $1.25 Billion in Perpetual-Bond Litmus Test

Insurance Journal

Allianz SE sold $1.25 billion of perpetual notes Tuesday, the German insurer’s latest batch of risky bonds that investors said could set the tone for the subordinated debt market. The Restricted Tier 1 bond has an annual coupon of 6.55%, &#8230...

Posted: Aug 20, 2025

Renewables Battling Climate Change Now Need to Insure Against It

Insurance Journal

Solar and wind energy companies are betting on a novel form of insurance to protect their assets against wild and volatile weather — the very type of climate risk they were set up to fight. Renewable power projects can lose …

Posted: Aug 20, 2025

W. R. Berkley introduces Berkley Edge, a new specialty insurance provider

Reinsurance News

W. R. Berkley Corporation, a commercial lines property and casualty insurance provider, has announced the creation of Berkley Edge, a business dedicated to delivering professional liability and casualty insurance solutions for small to mid-sized c...

Posted: Aug 20, 2025

MGA Novus Underwriting adds Collinson Group to warranty & affinity panel

Reinsurance News

Novus Underwriting, a specialist global wholesale warranty and affinity MGA and part of the Aventum Group, has partnered with Collinson Insurance for its annually renewable warranty products, covering more than 500,000 policies. The new exclusive...

Posted: Aug 20, 2025

Optio Group names Carrie-Ann Hallett as Head of Insurer Partnerships

Reinsurance News

Optio Group, a specialty managing general agent (MGA) providing underwriting and distribution solutions across multiple lines of business, has announced the appointment of Carrie-Ann Hallett as Head of Insurer Partnerships, effective immediately,...

Posted: Aug 20, 2025

AM Best upgrades outlook on Dunav-Re’s credit rating amid strengthened financial backing

Reinsurance News

AM Best, the credit rating agency, has changed the outlook on the Long-Term Issuer Credit Rating (Long-Term ICR) of Dunav-Re a.d.o (Dunav-Re), based in Serbia, from stable to positive. At the same time, the agency affirmed the Financial Strength R...

Posted: Aug 20, 2025

Sentry Leases 105,000 Square Feet for The General’s Offices in Nashville

Insurance Journal

Less than a year after it purchased The General auto insurer, Sentry Insurance is leasing 105,000 square feet of office space in Nashville, giving The General new headquarters. The General, one of the largest non-standard auto insurers in the country...

Posted: Aug 20, 2025

Fatal Explosion at 110-Year Old U.S. Steel’s Plant Raises Questions About Its Future

Insurance Journal

The fatal explosion last week at U.S. Steel’s Pittsburgh-area coal-processing plant has revived debate about its future just as the iconic American company was emerging from a long period of uncertainty. The fortunes of steelmaking in the U.S....

Posted: Aug 20, 2025

California Crafting New Auto Pollution Rules After Trump Attacks

Insurance Journal

California’s clean-air regulator is pressing ahead with work on new rules for auto emissions in the state and possible new tax credits for electric cars to counter the Trump administration’s effort to corral the state’s regulatory h...

Posted: Aug 20, 2025

Musk’s SpaceX, Others Win Court Challenge to Labor Board’s Structure

Insurance Journal

A U.S. appeals court on Tuesday agreed with Elon Musk’s SpaceX and two other companies that the U.S. National Labor Relations Board’s structure is likely unlawful and blocked the agency from pursuing cases against them. The ruling by the...

Posted: Aug 20, 2025

Insurance Matters Topped Disputes Handled by Oregon Consumer Advocates

Insurance Journal

Consumer advocates in the Oregon Division of Financial Regulation report recovering $1.2 for residents, bringing the year-to-date total to more than $3.7 million. In the second quarter, consumer advocates reported getting 1,367 complaints, with insur...

Posted: Aug 20, 2025

Canopius names Jinnan Tang as Casualty Treaty Underwriter

Reinsurance News

Global specialty re/insurer Canopius Group has appointed Jinnan Tang as a Casualty Treaty Underwriter, effective August 11th, 2025, based in Singapore. Tang joins the Asia Pacific (APAC) regional team, reporting to Andrew Parker and Micia Yong in...

Posted: Aug 20, 2025

JPMorgan Must Face Claims Over Son’s Fleecing of Elderly Mom

Insurance Journal

JPMorgan Chase & Co. lost an attempt to stop an 85-year-old widow from pursuing claims in arbitration that the company failed to prevent her son from siphoning more than $8 million from her bank accounts. The widow, Susan Kraus, in …

Posted: Aug 20, 2025

Why Musculoskeletal Recovery Is Getting More Complex, And What Claims Teams Can Do About It

Risk & Insurance

As workplace injury rates fall, a new challenge is rising: complexity. The post Why Musculoskeletal Recovery...

Posted: Aug 19, 2025

W. R. Berkley Corporation forms Berkley Edge

coverager

Berkley Edge will focus on addressing the needs of hard-to-place and distressed risks, offering coverage exclusively through wholesale brokers.

Posted: Aug 19, 2025

CNA announces leadership appointments

coverager

The company announced a series of strategic leadership appointments designed to enhance underwriting capabilities across key business segments.

Posted: Aug 19, 2025

GM National Insurance Company releases Q2 2025 results

coverager

The carrier reported a net underwriting loss of $33 million for the first six months.

Posted: Aug 19, 2025

Ryan Financial Lines expands Insurance Agents & Brokers E&O program

coverager

The enhanced program is tailored for Property & Casualty, Personal Lines, and Life & Health insurance agencies.

Posted: Aug 19, 2025

Clearcover Insurance Company reports Q2 results

coverager

Combined ratio was 145%, an improvement of 9 percentage points compared to the same period last year.

Posted: Aug 19, 2025

Bankers Insurance Group Selects Sapiens for Core System Modernization

IIR

The Florida-based P&C carrier has chosen Sapiens CoreSuite to upgrade operations and support new product expansion.

Posted: Aug 19, 2025

Coalition Launches Cyber Insurance Offering in France

IIR

The U.S.-based InsurTech has expanded to France with Allianz capacity and appointed executives to lead local operations.

Posted: Aug 19, 2025

3 Key Findings from J.D. Power’s 2025 Medicare Advantage Study

Insurance Forums

The Medicare Advantage program has undergone significant policy changes during the past year, affecting deductibles, … Read more

Posted: Aug 19, 2025

Fall Forecast Calls for Above Normal Temps, Mixed Precipitation Across U.S.

Carrier Management

Fall Forecast Calls for Above Normal Temps, Mixed Precipitation Across U.S. A...

Posted: Aug 19, 2025

Another Carrier Sets Up Shop in Florida: Vision Insurance Exchange

Carrier Management

Another Carrier Sets Up Shop in Florida: Vision Insurance Exchan...

Posted: Aug 19, 2025

Markel Insurance Completes Sale of Reinsurance Renewal Rights to Nationwide

Carrier Management

Markel Insurance Completes Sale of Reinsurance Renewal Rights to Nationwide Global specialty insurer Markel...

Posted: Aug 19, 2025

W.R. Berkley Forms Berkley Edge; Tailored to Small, Mid-Sized Biz

Carrier Management

W.R. Berkley Forms Berkley Edge; Tailored to Small, Mid-Sized Biz W.R. Berkley...

Posted: Aug 19, 2025

Carrier Revenue Growth Expected to Outpace Hiring in Next Year

Carrier Management

Carrier Revenue Growth Expected to Outpace Hiring in Next Year Approximately 81 percent of insurance compan...

Posted: Aug 19, 2025

CVS Not Covered by Insurance for Opioid Lawsuits: Delaware High Court

Carrier Management

CVS Not Covered by Insurance for Opioid Lawsuits: Delaware High Court CVS Health is not en...

Posted: Aug 19, 2025

If AI Is So Great, Why Aren't We Using It More?

Insurance Thought Leadership

If AI Is So Great, Why Aren't We Using It More? Future of Risk sradomski Tue, 08/19/2025 - 15:44

Posted: Aug 19, 2025

Tesla Drivers Can Pursue Class Action Over Self-Driving Claims, Judge Rules

Insurance Journal

Tesla must face a certified class action by California drivers who said Elon Musk misled them for eight years about the self-driving capabilities of his company’s electric vehicles. U.S. District Judge Rita Lin said the common question of wheth...

Posted: Aug 19, 2025

Fall Forecast Calls for Above Normal Temps, Mixed Precipitation Across US

Carrier Management

Fall Forecast Calls for Above Normal Temps, Mixed Precipitation Across US A w...

Posted: Aug 19, 2025

Ohio Healthcare Facility to Settle Race Discrimination Charge

Insurance Journal

Progressive North Ridgeville, LLC, a healthcare facility in North Ridgeville, Ohio, agreed to pay $5,000 and take corrective action to resolve a race discrimination charge filed with the U.S. Equal Employment Opportunity Commission (EEOC), the agency...

Posted: Aug 19, 2025

Ugly Corn Photos on Social Media Show Risk Posed to Record US Crop

Insurance Journal

The US government is forecasting a record corn crop this year, but pictures of ugly-looking plants spreading fast through social media have triggered concern about the upcoming harvest. The photos show corn with missing kernels as a result of uneven...

Posted: Aug 19, 2025

After Wildfire, Can Grand Canyon Mascot Be Restored?

Insurance Journal

Missing an ear and his front legs detached, Brighty the Burro certainly has seen better days. The 600-pound (273-kilogram) bronze statue used to greet visitors at the Grand Canyon Lodge on the national park’s North Rim. The nearly century-old b...

Posted: Aug 19, 2025

Texas Senate Passes Bills Aimed at Improving Flood Safety

Insurance Journal

The Texas Senate quickly got to work Monday by passing several bills on the chamber’s desk as part of Gov. Greg Abbott’s agenda for the second special session of the year for the Legislature, focusing first on flood-related legislation. A...

Posted: Aug 19, 2025

Texas Shows How Trump’s Anti-Green Moves Threaten a Red Economy

Insurance Journal

Deep-red Texas needs to build power plants at an astonishing speed and scale to keep its economy humming. President Donald Trump just made that much harder. So many data centers, crypto-mining operations and factories are planned for the Lone Star &#...

Posted: Aug 19, 2025