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Rise of secondary perils key but reinsurance market ‘looks healthy’ ahead of 1.1, says AXA XL Reinsu...

Reinsurance News

As the reinsurance industry meets in Baden-Baden, the rise of secondary perils are expected to be a key focus and with elevated loss activity there will be a lot of focus on catastrophe covers at the January 1st, 2026, renewals, according to Bertr...

Posted: Oct 20, 2025

France’s Louvre Museum Closes After Jewels Stolen in Robbery

Insurance Journal

The world-renowned Louvre museum in Paris was shut on Sunday after several pieces of jewelry were stolen in a robbery. France’s Culture Minister Rachida Dati reported the incident on her social media account, without providing further details o...

Posted: Oct 20, 2025

G20 Risk Watchdog Warns of ‘Significant Gaps’ in Global Crypto Rules

Insurance Journal

There are “significant gaps” in countries’ attempts to regulate fast-growing crypto markets, which could potentially harm financial stability, the G20’s risk watchdog warned on Thursday [Oct. 16]. The Financial Stability Board...

Posted: Oct 20, 2025

Howden US appoints Ron Borys as Head of Financial Lines Group

Reinsurance News

Insurance broker Howden US has appointed Ron Borys as Head of its Financial Lines Group, based in New York. The broker explained that this appointment reinforces its commitment as the new US retail business continues to attract “market-leadi...

Posted: Oct 20, 2025

Tokio Marine Kiln introduces Enterprise Ctrl to strengthen protection against digital and profession...

Reinsurance News

Tokio Marine Kiln (TMK), an international specialist insurance company and part of the Tokio Marine Group, has announced the launch of Enterprise Ctrl, a new enterprise errors and omissions (E&O) insurance solution. The product enhances TMK’s...

Posted: Oct 20, 2025

Hackers Had Been Lurking in Cyber Firm F5 Systems Since 2023

Insurance Journal

The state-backed hackers who breached cybersecurity company F5 Inc. broke in beginning in late 2023 and lurked in the company’s systems until being discovered in August of this year, according to people who were briefed by F5 about the incident...

Posted: Oct 20, 2025

Charges Dropped Against Owner of Dog Found Left Behind in Hurricane Milton

Insurance Journal

Criminal charges have been dropped against a Florida man who authorities said abandoned his tied-up dog in floodwaters near a highway as residents evacuated Florida’s Gulf Coast last year shortly before Hurricane Milton made landfall. The case...

Posted: Oct 20, 2025

Florida, Alabama Hold Hearings on NCCI Workers’ Comp Rate Decreases

Insurance Journal

The National Council on Compensation Insurance is again recommending a reduction in workers’ compensation rates in Florida and Alabama, and regulators in both states have scheduled public hearings about the proposed changes. In Alabama, the NCC...

Posted: Oct 20, 2025

Debt Collector Adds Subrogation Recovery for Insurers in Florida and Other States

Insurance Journal

A debt collection agency announced it has launched a subrogration recovery service for insurance companies in Florida and other states. Southwest Recovery Services, a 21-year-old company with offices in Texas, Florida, Georgia and other areas, said t...

Posted: Oct 20, 2025

de Swart nominated to become a.s.r CEO and Chair of Executive Board

Reinsurance News

Ingrid de Swart has been nominated to succeed Jos Baeten as CEO and Chair of the Executive Board (EB) of ASR Nederland N.V. (a.s.r.) following the end of his term at the Annual General Meeting (AGM) on 20 May 2026. Joop Wijn, Chair of the SB of a....

Posted: Oct 20, 2025

Proxy Adviser ISS Urges Vote Against Musk’s $1 Trillion Package

Insurance Journal

Tesla’s proposed $1 trillion pay package for CEO Elon Musk came under fresh scrutiny on Friday, with proxy adviser ISS urging shareholders to reject what might be the largest-ever compensation plan awarded to a company chief. This is the second...

Posted: Oct 20, 2025

LA County Reaches New $828 Million Deal With Abuse Victims

Insurance Journal

Los Angeles County reached a tentative agreement to pay an additional $828 million to victims of childhood sexual abuse who filed lawsuits under a 2019 state law that raised the statute of limitations for such cases. The settlement addresses 400 &#82...

Posted: Oct 20, 2025

People Moves: Physicians Insurance A Mutual Company Names Carlson President and CEO

Insurance Journal

Physicians Insurance A Mutual Company appointed David Carlson, DO, as president and CEO. The PI appointment is effective November 1. Dr. Carlson succeeds William Cotter, who is retiring from the organization after a 35-year career. Carlson is a physi...

Posted: Oct 20, 2025

People Moves: Physicians Insurance A Mutual Company Names Carlson President, CEO

Insurance Journal

Physicians Insurance A Mutual Company appointed David Carlson as president and CEO. The PI appointment is effective November 1. Dr. Carlson succeeds William Cotter, who is retiring from the organization after a 35-year career. Carlson is a physician...

Posted: Oct 20, 2025

Natural Disaster Claims in 2025 to Again Top $100B Despite ‘Abnormally Low’ Q3 Events

Carrier Management

Natural Disaster Claims in 2025 to Again Top $100B Despite ‘Ab...

Posted: Oct 20, 2025

Too Much Profit? Progressive’s Florida Results Generate Nearly $1B Q3 Charge

Carrier Management

Too Much Profit? Progressive’s Florida Results Generate Nearly $1B Q3 Char...

Posted: Oct 20, 2025

Viewpoint: Bringing People and Artificial Intelligence Together to Mitigate Risk

Insurance Journal

Artificial Intelligence (AI) is a valuable resource in today’s economy with the potential to reap great rewards in many avenues of business. However, as with any developing technology, it comes with new challenges. In a recent study by The Hart...

Posted: Oct 19, 2025

Dai-ichi Life backs CraftBank

coverager

CraftBank offers a smartphone-based platform that helps subcontractors manage attendance, dispatching, and administrative tasks.

Posted: Oct 19, 2025

AXIS appoints Erik Rasmussen as head of US healthcare reinsurance

coverager

He spent over a decade at Voya.

Posted: Oct 19, 2025

CareScout to acquire Seniorly to expand senior living options

coverager

The Rochester-based company aims to deepen its impact with existing customers and unlock new use cases by combining its 25-year aerial imagery vault with AI and advanced analytics.

Posted: Oct 19, 2025

J&J Must Pay $966M After Jury Finds Company Liable in Talc Cancer Case

Insurance Journal

By Diana Novak Jones A Los Angeles jury ordered Johnson & Johnson to pay $966 million to the family of a woman who died from mesothelioma, finding the company liable in the latest lawsuit alleging its baby powder products cause …

Posted: Oct 19, 2025

Gallagher Sues Two Former Brokers Who Started Their Own Firm

Insurance Journal

By Andrew G. Simpson Global insurance broker Arthur J. Gallagher is suing two former employees who left to start their own New York brokerage firm for allegedly soliciting Gallagher clients and using confidential information in violation of their emp...

Posted: Oct 19, 2025

Tips to Make the Most of Carrier Relationships

Insurance Journal

I remember talking with an agency owner a few years ago who had gotten upset with an insurance carrier with whom they were working. This has been a frequent occurrence in the last few years as the hard market has …

Posted: Oct 19, 2025

What to Consider When Building Insurance Programs for Aging Properties

Insurance Journal

In July 2021, after the collapse of the Champlain Towers South in Surfside, Florida, the city of Miami ordered structural inspections of all buildings over 40 years old. Since then, two other condominium buildings have been deemed unsafe and evacuate...

Posted: Oct 19, 2025

Why Remote Hires Can Be Your Agency’s Best Recruiting Solution

Insurance Journal

Before I make my case about the value of remote hires, it’s important to acknowledge the reasons agencies, large and small, tell me they don’t want to hire remote employees. 1. “I had a bad experience.” 2. “Remote employ...

Posted: Oct 19, 2025

Risk Reality vs. Commercial Insurance: Coverage Holes Exposed

Insurance Journal

By Susanne Sclafane Two recent reports–one reviewing property and business interruption risks and the other, liability–highlight a growing divide between escalating risk and shrinking insurance coverage. They also suggest decision-makers...

Posted: Oct 19, 2025

4 Things to Consider to Streamline an Agency Tech Stack

Insurance Journal

As agencies plan their 2026 budgets, they face an exciting opportunity to unlock more value through technology. My advice to agency leaders? It’s time to streamline your tech stack. What does this look like? Streamlined technology connects tool...

Posted: Oct 19, 2025

5 Accounting Mistakes Agencies Make

Insurance Journal

Lack of Identifying Revenue Source. Treating all income as commissions will not allow proper analysis and may potentially create false impressions of the actual revenue. Use accrual accounting to distinguish between agency-billed and direct-billed co...

Posted: Oct 19, 2025

Accounting Essentials for Insurance Agency Owners

Insurance Journal

Turning Numbers into a Strategic Advantage Most insurance agency owners are driven by relationships, sales, and client service–not a passion for accounting. Yet, neglecting financial oversight can lead to overpricing producer compensation, miss...

Posted: Oct 19, 2025

Communication Strategies for Insurtechs Breaking into Legacy Markets

Insurance Journal

When modern insurtech meets decades of industry experience, the result should be innovation–yet too often, it’s misunderstanding. While insurtech companies bring incredible solutions to age-old problems, many struggle to gain traction wit...

Posted: Oct 19, 2025

Can Parametric Insurance Bridge the FEMA Gap?

Insurance Journal

The way communities nationwide recover from natural disasters may never be the same. The National Flood Insurance Program (NFIP) expired on September 30. (Editor’s note: As of press time it had yet to be renewed.) Simultaneously, pending congre...

Posted: Oct 19, 2025

Building Something That Matters: Ansay & Associates

Insurance Journal

By Allen Laman You have to give to get.” When Adolph Ansay opened Ansay & Associates in 1946, that family mantra guided his approach to business. So, he poured his time, resources, and heart not only into improving the Midwestern …

Posted: Oct 19, 2025

Focusing on Culture, Employees & Clients Keeps Morris & Garritano on Top

Insurance Journal

By Jahna Jacobson A team that loves what they do does it better.” Those sage words are the wisdom of Kerry Morris, chief operating officer at Morris & Garritano Insurance. The San Luis Obispo, California, agency was nominated by dozens &#82...

Posted: Oct 19, 2025

Employees Come First at Mackoul Risk Solutions

Insurance Journal

By Andrea Wells Pay your employees well and treat them better.” That’s the winning ticket to success, according to Ed Mackoul, CEO of Mackoul Risk Solutions, the Long Beach, New York-based agency that won the 2025 Best Agencies to Work &#...

Posted: Oct 19, 2025

Collaborative, Entrepreneurial Environment Creates ‘Hidden Gem’ for Employees: Swingle Collins & Ass...

Insurance Journal

By Jahna Jacobson Every employee at Swingle Collins & Associates brings something unique to the table–and every opinion is welcomed and valued. “We want the entire team to want to come to work each day,” said President Dan Curti...

Posted: Oct 19, 2025

The Government Action Exclusion

Insurance Journal

June marked my 56th year in the property and casualty insurance industry. When I speak at conferences and conventions, I tell a usually much younger crowd that I’m old–older than ISO, even older than FedEx, cable TV, and personal computer...

Posted: Oct 19, 2025

The Future of the Agency in a World of AI

Insurance Journal

By Andrea Wells Technology is changing the world at a faster pace than ever before with the help of artificial intelligence (AI). And the sky is the limit on what AI can and will do for the future of the …

Posted: Oct 19, 2025

Top Business Risks

Insurance Journal

It’s probably not a surprise that geopolitical volatility has surged into a list of the top 10 business risks worldwide. But cyber risk remains the number one concern globally, followed by business interruption at number two. That’s accor...

Posted: Oct 19, 2025

Accounting Essentials for Insurance Agency Owners: Turning Numbers into a Strategic Advantage

Insurance Journal

Most insurance agency owners are driven by relationships, sales, and client service–not a passion for accounting. Yet, neglecting financial oversight can lead to overpricing producer compensation, missing growth opportunities, or misreading per...

Posted: Oct 19, 2025

CastleBay Names Don MacFarland COO

IIR

MacFarland has overseen service delivery, partnerships, and marketing during two decades with the firm.

Posted: Oct 19, 2025

BetterLife, CSA Fraternal Life Finalize Merger

IIR

The combined fraternal benefit society now serves over 70,000 members across 33 states and manages $680 million in assets.

Posted: Oct 19, 2025

The $2 Trillion Gap in Retirement Planning: Long-term Care

IIR

Too many advisors overlook long-term care—the one expense that can undo decades of careful retirement planning.

Posted: Oct 19, 2025

Helmsgate MGA gains Lloyd’s Coverholder status

coverager

Helmsgate focuses on complex and underserved markets, including waste and recycling, property, power, and mining.

Posted: Oct 19, 2025

Samsung to bring GRAIL’s cancer test to Asia

coverager

The deal marks Samsung C&T’s entry into cancer screening.

Posted: Oct 19, 2025

Wallbid introduce Greece’s first ferry ticket cancellation guarantee

coverager

Seajets passengers can now add the Cancellation Guarantee to their tickets.

Posted: Oct 19, 2025