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Applied Systems Acquires Cytora

IA Magazine

The acquisition of Cytora, a U.K.-based digital risk processing company, will allow Applied to accelerate its vision of delivering a connected end-to-end policy lifecycle.

Posted: Sep 10, 2025

Your Invisible Neighbors and You

Insurance Thought Leadership

Your Invisible Neighbors and You Cyber

Posted: Sep 10, 2025

MGU Laplace Alternative Risk Solutions launches

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The company is backed by Mission.

Posted: Sep 10, 2025

MAPFRE invests in Blue Marble

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Blue Marble designs and delivers parametric insurance solutions to underserved communities.

Posted: Sep 10, 2025

LightSpun raises $13 million

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The round was led by Brewer Lane, with participation from Virtue, Cambrian, and Industry Ventures. 

Posted: Sep 10, 2025

Lincoln Financial and Bain Capital launch new private market fund

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The companies previously announced their strategic partnership to launch private market funds in March 2025.

Posted: Sep 10, 2025

RT Specialty updates RT Connector with new features and expanded carrier access

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The digital platform provides retail agents and brokers with real-time quotes, instant policy issuance, and access to over 25 carriers.

Posted: Sep 10, 2025

Corebridge names new CEO

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Costantini will join Corebridge from Manulife.

Posted: Sep 10, 2025

Brotherhood Mutual launches Brotherhood Works

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The initiative expands Brotherhood Mutual’s reach beyond insurance.

Posted: Sep 10, 2025

The Latest Launches from kWh Analytics, ACORD, Origami Risk

Carrier Management

The Latest Launches from kWh Analytics, ACORD, Origami Risk kWh Analytics ann...

Posted: Sep 10, 2025

Hagerty expands Drivers Edge Enthusiast+ program to Wisconsin

coverager

This acquisition will strengthen Lincoln’s capabilities within the Financial Services sector.

Posted: Sep 10, 2025

More Than 60 Containers Fall Off Ship in Long Beach Port

Insurance Journal

More than 60 containers toppled off a cargo ship in the Port of Long Beach, tumbling overboard and floating in the water. The shipping containers fell off a vessel named the Mississippi shortly before 9 a.m. on Tuesday, and no …

Posted: Sep 10, 2025

Kristen Ankerbrandt Appointed Chief Financial Officer at Brightway Insurance

Risk & Insurance

The latest people news in the industry today. The post Kristen Ankerbrandt Appointed Chief Financial Officer at Brightway I...

Posted: Sep 10, 2025

Ryan Bond Appointed Head of Property and Casualty for Bermuda at Lockton

Risk & Insurance

The latest people news in the industry today. The post Ryan Bond Appointed Head of Property and Casualty for Bermuda at Lockton...

Posted: Sep 10, 2025

Leslie Greve Promoted to Senior Vice President of Marketing at Trucordia

Risk & Insurance

The latest people news in the industry today. The post Leslie Greve Promoted to Senior Vice President of Marketing at Trucordia...

Posted: Sep 10, 2025

Jiten Voralia Appointed Chief Underwriting Officer for Global Reinsurance at Everest Reinsurance

Risk & Insurance

The latest people news in the industry today. The post Jiten Voralia Appointed Chief Underwriting Offic...

Posted: Sep 10, 2025

Illinois Legislation Calls for Home Insurance Premium Caps Could Limit Coverage, Insurers: Triple-I

Carrier Management

Illinois Legislation Calls for Home Insurance Premium Caps Co...

Posted: Sep 10, 2025

California Plans to Boost Utility Wildfire Fund by $18 Billion

Insurance Journal

California lawmakers have reached an initial agreement to shore up the state’s wildfire utility fund. The agreement is expected be filed into legislative text on Wednesday after lawmakers suspended a Tuesday deadline, according to people famili...

Posted: Sep 10, 2025

Michigan Manufacturer to Pay $460K to Settle Sexual Harassment Lawsuit

Insurance Journal

East Jordan Plastics, Inc., a manufacturer of plastic horticultural containers, will pay $460,000 and provide other relief to settle a sexual harassment lawsuit filed by the U.S. Equal Employment Opportunity Commission (EEOC), the federal agency anno...

Posted: Sep 10, 2025

Texas to Ban Minors From THC Products

Insurance Journal

THC products will remain largely legal in Texas, but will be banned for minors and further regulated under a new executive order by Gov. Greg Abbott on Wednesday. Abbott directs the Texas Department of State Health Services and the Alcoholic …

Posted: Sep 10, 2025

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

Insurance Journal

In a three-way deal involving carriers, underwriters, holding companies and more, catastrophe-focused managing general underwriter SageSure announced it will acquire the managing general agent for Florida-based Olympus Insurance Co. At the same time,...

Posted: Sep 10, 2025

North Carolina Firefighters Shot, Burned in Separate Fire Calls

Insurance Journal

A North Carolina firefighter who was shot while answering a fire alarm call is recovering, while a suspect is in jail. The Associated Press and local media reported that the fireman was shot last week in Ellerbe. One fire truck …

Posted: Sep 10, 2025

Arthur J. Gallagher & Co. Acquires Minnesota’s Bremer Insurance Agencies

Insurance Journal

Arthur J. Gallagher & Co. announced the acquisition of St. Paul, Minnesota-based Bremer Insurance Agencies, Inc. Terms of the transaction were not disclosed. Bremer Insurance Agencies, a subsidiary of Old National Bancorp (NASDAQ:ONB) following t...

Posted: Sep 10, 2025

New Orleans Archdiocese to Pay $230M Settlement in Clergy Sex Abuse Case

Insurance Journal

The New Orleans Archdiocese on Monday agreed to a $230 million proposed settlement for survivors of clergy sexual abuse, attorneys for some of the survivors said Monday. The agreement paves the way for a final resolution to yearslong negotiations ami...

Posted: Sep 10, 2025

Meta, TikTok Win Challenge Against EU Tech Fees, Forcing Regulators to Recalculate

Insurance Journal

Meta Platforms and TikTok on Wednesday won a legal challenge to the way EU regulators calculated a supervisory fee imposed on them under landmark tech rules, but will receive no money back while officials reformulate the levy. Meta and ByteDance&#821...

Posted: Sep 10, 2025

AI to revolutionise claims handling, but human expertise remains key: PwC’s Cook

Reinsurance News

Artificial intelligence (AI) is set to have a profound impact on claims handling, according to Michael Cook, partner at PwC UK, who spoke during the firm’s Global Insurance Run-Off Survey and Insights on the Legacy Market briefing at RVS 2025 in M...

Posted: Sep 10, 2025

Casualty Catastrophe Market Presents $5B Growth Opportunity as Mass Litigation Surges

Risk & Insurance

Insurance industry leaders must position for structural shift as emerging risks reshape liability landscape: Aon and Moody's. The post

Posted: Sep 10, 2025

U.S. Disaster Aid Taking Longer to Get to Victims

Carrier Management

U.S. Disaster Aid Taking Longer to Get to Victims Survivors of major natural disasters in the U.S. ar...

Posted: Sep 10, 2025

Kinks Remain in Traffic Jam Driver Assistance Technology: AAA Study

Carrier Management

Kinks Remain in Traffic Jam Driver Assistance Technology:...

Posted: Sep 10, 2025

Lincoln International Agrees to Buy Insurance Brokerage Advisory MarshBerry

Insurance Journal

Lincoln International, a global investment banking advisory firm, said it has a definitive agreement to acquire MarshBerry, an advisory firm serving the insurance brokerage, insurance distribution, and wealth management sectors for over 40 years. Lin...

Posted: Sep 10, 2025

Sompo to deploy WTW’s Radar tech across group

Reinsurance News

Sompo Holdings, Inc., one of Japan’s leading insurers, has partnered with WTW, an insurance and reinsurance broking group, to deploy its Radar technology across the insurance group to accelerate data-driven management across pricing, underwriting,...

Posted: Sep 10, 2025

US Senator Cruz Proposes AI ‘Sandbox’ to Ease Regulations on Tech Companies

Insurance Journal

Republican U.S. Senator Ted Cruz introduced a bill on Wednesday that would let artificial intelligence companies apply for exemptions to federal regulation to help them experiment in developing new technology. Cruz leads the Senate Commerce Committee...

Posted: Sep 10, 2025

Atrium strengthens aviation team with Mark Connellan appointment

Reinsurance News

Atrium, a specialty insurance group at Lloyd’s, has announced the appointment of Mark Connellan as Underwriter in its Aviation team. In this role, Connellan will work alongside Bassel Matta, Head of Aviation, strengthening the team’s position in t...

Posted: Sep 10, 2025

GuideOne appoints Karey Anderson as CIO

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Anderson is a senior finance executive with more than 20 years of experience in portfolio management, investment strategy, asset allocation and security analysis.

Posted: Sep 10, 2025

H.W. Kaufman Group hires Jonathan Tritton to lead Burns & Wilcox Global Solutions

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Tritton, who will start later this month will remain based in London and report to H.W. Kaufman Group International CEO Paul Greensmith.

Posted: Sep 10, 2025

HDI Global expands ESG Risk Solutions with three leadership hires

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The company appointed three executives to its ESG Risk Solutions division as it looks to expand the product internationally.

Posted: Sep 10, 2025

US Commercial Lines Prices Increase 3.8%, Falling From Up 6% in Previous Quarters

Insurance Journal

U.S. commercial insurance rates increased 3.8% in the second quarter of 2025, according to the latest WTW Commercial Lines Insurance Pricing Survey (CLIPS). WTW said the price increase has been very close to 6% over the past six quarters. Carriers &#...

Posted: Sep 10, 2025

ZestyAI adds mitigation-aware scoring to Severe Convective Storm risk assessments

Reinsurance News

ZestyAI, a company specialising in AI-driven property risk analytics, has introduced a new feature in its Severe Convective Storm risk suite that allows insurers to update risk scores based on property improvements. The company, which provides dat...

Posted: Sep 10, 2025

Fitch sees continued profitability for US P&C insurers in 2025

Reinsurance News

Fitch Ratings, a provider of credit ratings, commentary, and research, reported that the US property and casualty (P&C) insurance sector delivered notably strong underwriting results in the first half of 2025 and is expected to remain profitab...

Posted: Sep 10, 2025