All Posts

SageSure and Affiliate to Acquire Olympus MGA and Olympus Insurance in Florida

Carrier Management

SageSure and Affiliate to Acquire Olympus MGA and O...

Posted: Sep 11, 2025

Ransomware Attackers ‘More Systematic,’ Claims Become Costlier: Report

Carrier Management

Ransomware Attackers ‘More Systematic,’ Claims Become Costlier: Report A portfolio claims a...

Posted: Sep 11, 2025

Leddy Named New CEO at Tampa-Based Ryze Claims Solutions

Insurance Journal

Tampa-based Ryze Claim Solutions has named Walter Leddy chief executive officer, effective immediately. Leddy previously was CEO of U.S. field services for Davies, an adjusting and insurance services firm. Leddy, who holds a master’s in busines...

Posted: Sep 11, 2025

Gartner outlines “reflexive risk ownership” as the future of organisational risk management

Reinsurance News

According to Gartner, Inc., a research and advisory firm specialising in business and technology insights, risk, audit, and compliance leaders should work toward developing what the company calls “reflexive risk ownership.” This approach describes...

Posted: Sep 11, 2025

Pinnacol’s EverPeak Acquires Method Insurance, a Workers’ Comp MGA

Insurance Journal

Pinnacol Assurance subsidiary EverPeak Insurance has acquired Method Insurance, a workers’ compensation managing general agent based in Nashville. The move is in response to brokers who require a seamless solution for diverse client bases, and...

Posted: Sep 11, 2025

US commercial insurance rate growth eases in Q2’25: WTW

Reinsurance News

According to WTW, an advisory, broking, and solutions company, US commercial insurance rates increased by 3.8% in the second quarter of 2025, continuing a downward trend from the previous quarters (5.3% in Q1 2025 and 5.6% in Q4 2024). These findi...

Posted: Sep 11, 2025

Georgia Judge to Toss Landmark Racketeering Charges Against ‘Cop City’ Protestors

Insurance Journal

ATLANTA (AP) — A Georgia judge on Tuesday said he will toss the racketeering charges against all 61 defendants accused of a yearslong conspiracy to halt the construction of a police and firefighter training facility that critics pejoratively call &#8...

Posted: Sep 11, 2025

HDI Global names Bob van Alphen as Head of Engineering Underwriting

Reinsurance News

HDI Global SE, part of the Talanx Group, has appointed Bob van Alphen to lead one of its two regionally structured Engineering Underwriting teams. He will be based at the company’s headquarters in Hannover and will report to François Périquet, Glo...

Posted: Sep 11, 2025

French Lawmaker Asks Prosecutor to Probe TikTok for ‘Endangering the Lives’ of Users

Insurance Journal

The chairman of a French parliamentary committee investigating TikTok’s psychological effects on minors said on Thursday that he had asked for a criminal probe into TikTok’s possible responsibility for “endangering the lives”...

Posted: Sep 11, 2025

Duffy Acquires Sartori Agency of Massachusetts

Insurance Journal

Duffy Insurance Agencies in Lynn, Massachusetts announced it has acquired the Sartori Insurance, a family-run agency that has served the Lexington, Massachusetts community for more than 50 years. The Sartori team will continue to operate from the age...

Posted: Sep 11, 2025

Reinsurance buyers to benefit as KBW sees rate declines ahead of Jan renewals

Reinsurance News

KBW has revealed that its primary takeaway from the Reinsurance Rendezvous is that, absent very significant near-term losses, property catastrophe reinsurance rates are likely to fall by at least 10% at the January 1, 2026 renewals, leaving the fi...

Posted: Sep 11, 2025

Two High-Profile Personal injury Law Firms Sue… Each Other

Insurance Journal

Insurance folks tired of hearing about personal injury law firms going after those “greedy insurance companies” might want a ringside seat for this one. Two high-profile Boston-area personal injury law firms are going after each other ove...

Posted: Sep 11, 2025

Two High-Profile Personal Injury Law Firms Sue… Each Other

Insurance Journal

Insurance folks tired of hearing about personal injury law firms going after those “greedy insurance companies” might want a ringside seat for this one. Two high-profile Boston-area personal injury law firms are going after each other ove...

Posted: Sep 11, 2025

US private mortgage insurers increase use of reinsurance: AM Best

Reinsurance News

According to AM Best, a credit rating agency and provider of financial data and analysis for the insurance industry, US private mortgage insurers continue to transfer a significant portion of their premiums to reinsurers, with the share going to u...

Posted: Sep 11, 2025

Scientists Link Major Carbon Emitters to Worsening Heat Waves

Insurance Journal

One quarter of more than 200 heat waves that occurred worldwide this century may have been impossible without human-induced global warming. Emissions from the world’s largest fossil fuel and cement companies played a significant role in worseni...

Posted: Sep 11, 2025

Jonathan Prinn named Placement Leader at Marsh Specialty UK

Reinsurance News

Marsh, a firm providing insurance broking and risk management services, has announced that Jonathan Prinn will take on the role of Placement Leader at Marsh Specialty UK, in addition to his current position as Chief Business Officer, effective imm...

Posted: Sep 11, 2025

Markets/Coverages: Howden’s MGA DUAL Launches Cargo Insurance in Europe

Insurance Journal

DUAL Europe, the managing general agent and unit of insurance intermediary Howden, announced the launch of its cargo insurance business, effective from Sept. 1, 2025. This marks a strategic expansion of DUAL Europe’s marine proposition, followi...

Posted: Sep 11, 2025

Pen Underwriting enhances UK SME cyber coverage with six key updates

Reinsurance News

Pen Underwriting, a multi-class, multi-territory managing general agent (MGA), has introduced six significant updates to its UK SME cyber insurance offering, reinforcing its commitment to evolving coverage in line with emerging risks and helping b...

Posted: Sep 11, 2025

How the BIIC Is Advancing Black Leadership in Insurance

Risk & Insurance

The Black Insurance Industry Collective is among the leading forces in channeling more Black professionals into industry leadership roles. The post

Posted: Sep 11, 2025

Sompo boosts Commercial Insurance division with two senior appointments

Reinsurance News

Sompo Japan has strengthened its Commercial Insurance division with two senior appointments: Heiko Thienenkamp as Chief Operating Officer, Commercial Business, and Hiroki Ohashi as Head of Financial Lines. Thienenkamp and Ohashi, who both join Som...

Posted: Sep 11, 2025

Reinsurers could enable $17tn in global value by 2035: PwC

Reinsurance News

PwC, a professional services firm, has released new research titled Reinsurance 2035: Rethinking the Risk Business, presenting its perspective on how the reinsurance sector may develop over the next decade and beyond, with a particular focus on th...

Posted: Sep 11, 2025

Liberty Specialty Markets launches integrated third-party division in UK & MENA

Reinsurance News

Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has announced the launch of a single integrated third-party division, bringing together its financial and professional (FinPro) and casualty operations across the UK and MENA...

Posted: Sep 11, 2025

Why Your Tech Stack Matters More Than Ever During CAT Season

Insurance Journal

If you’re an independent insurance agent, you already know what’s around the corner. Late summer and early fall bring peak CAT (catastrophic) event seasons, and they’re no joke. From hurricanes and wildfires to floods and severe sto...

Posted: Sep 11, 2025

Clayden joins Compre as interim global claims director

Reinsurance News

Compre Group, the Bermuda-domiciled international specialty reinsurance group, has appointed Dominic Clayden to the newly created role of interim global claims director. Clayden has held senior roles across the industry, including group chief clai...

Posted: Sep 11, 2025

BPL names Grahame Chilton as Non-Executive Chairman amid PCP investment

Reinsurance News

BPL, an insurance broker focusing on credit and political risk, has named Grahame Chilton (“Chily”) as Non-Executive Chairman. Chily has over 45 years of experience in the insurance industry, including leading roles at Benfield, where he oversaw i...

Posted: Sep 11, 2025

Earnix introduces new AI solutions for insurance at Excelerate 2025

Reinsurance News

At its Excelerate 2025 conference, Earnix presented a new set of AI-based solutions aimed at the insurance sector. These tools are designed to support faster decision-making and more personalised customer interactions, while meeting the requiremen...

Posted: Sep 11, 2025

AmTrust appoints Carl Canales as EVP, Head of Field Operations for NA P&C

Reinsurance News

AmTrust Financial Services, Inc., a global specialty property casualty insurer, has appointed Carl Canales as Executive Vice President (EVP), Head of Field Operations for North American P&C. Based in Boston, Canales will oversee AmTrust’s Fiel...

Posted: Sep 11, 2025

Viewpoint: Rethinking Basis Risk in Structured Insurance Solutions

Insurance Journal

Insurance solutions—more broadly referred to as risk transfer—that are parametric in design have become a common point of conversation between insurance buyers and their risk advisors when discussing protection options. These alternative risk transfe...

Posted: Sep 11, 2025

Guy Carpenter reports structural shift in marine and energy insurance

Reinsurance News

Guy Carpenter, a risk and reinsurance advisory firm, states in its Global Specialties Market Update that the marine and energy insurance sector is entering a period of reassessment, shaped by major losses, geopolitical pressures, and shifts in rei...

Posted: Sep 11, 2025

Willis introduces Global Risk Engineering team to strengthen specialised services

Reinsurance News

Willis, a WTW business, has announced the launch of its Global Risk Engineering team, an enhancement to its Global Risk & Analytics (R&A) operations. The team brings together Willis’ engineering expertise in a unified structure, designed t...

Posted: Sep 11, 2025

Fleet Operators Want More From Their Insurers: Survey

Insurance Journal

A newly released report suggests that nearly 90 percent of fleets believe claims service needs to improve, sparking a turning point for the commercial insurance industry. AI native insurer Nirvana released its 2025 Claims Experience Report surveying...

Posted: Sep 11, 2025

Bacterial Greening Disease Infects Nearly Half of Brazil’s Citrus Belt

Insurance Journal

Greening disease, caused by bacteria transmitted by the Asian citrus psyllid, has infected nearly 48% of Brazil’s citrus belt, according to new data from industry-funded research group Fundecitrus on Wednesday. Such infections have increased fo...

Posted: Sep 11, 2025

Disaster Survivors Wait Longer to Get Federal Aid, Says AP

Insurance Journal

Survivors of major natural disasters in the U.S. are having to wait longer to get aid from the federal government, according to a new Associated Press analysis of decades of data. On average, it took less than two weeks for …

Posted: Sep 11, 2025

Ryan Specialty adds Aon Re’s Bungert to Board

Reinsurance News

Ryan Specialty Holdings, Inc., an international specialty insurance firm, has appointed reinsurance industry veteran Michael G. Bungert to its Board of Directors, and as a member of its Compensation and Governance Committee, effective September 3r...

Posted: Sep 11, 2025

South Korean E-Commerce Giant Coupang Wins US Dismissal of IPO Lawsuit

Insurance Journal

Coupang, the e-commerce company often called the Amazon of South Korea, won the dismissal on Wednesday of a lawsuit claiming it defrauded shareholders during and after its 2021 initial public offering, Wall Street’s largest by a foreign company...

Posted: Sep 10, 2025

Wall Street Regulator Says it Has Concerns Over European ESG Rules

Insurance Journal

Wall Street’s top regulator on Wednesday criticized two recent European laws on companies’ disclosures of their environmental, social and governance impacts, underscoring the shift in U.S. financial regulation since President Donald Trump...

Posted: Sep 10, 2025

bolt Launches New Tools to Streamline Agency Operations

IIR

The platform’s latest features aim to help P&C agents reduce manual work and respond proactively to rate increases.

Posted: Sep 10, 2025

OnRe Launches Points Program and Opens Permissionless ONyc Access

IIR

The onchain asset manager aims to broaden ONyc utility and reward capital deployment through a new DeFi-focused structure.

Posted: Sep 10, 2025

Earnix Unveils Intelligent Decisioning Platform for Insurers

IIR

The new AI-enabled suite is designed to improve operations, support compliance, foster innovation and personalize customer engagement.

Posted: Sep 10, 2025

P&C Industry ‘Continues to Walk a Fine Line’ After Posting $11.5 Billion Underwriting Profit

IA Magazine

The U.S. property & casualty insurance industry almost tripled underwriting profitability in the first half of 2025 compared to the same period in 2024, but catastrophes continue to drive up homeowners premiums.

Posted: Sep 10, 2025