All Posts

Markets/Coverages: Inigo Provides Excess DIC/DIL Cover on Financial Fraud Policies

Insurance Journal

Inigo Ltd., the Lloyd’s specialty insurer, has launched a product that provides top-up cover on financial fraud policies. The product, called Inigo Crime Excess, is an excess DIC/DIL (difference in conditions and difference in limits) policy de...

Posted: Aug 19, 2025

PPL launches first general market release from Microsoft partnership

Reinsurance News

Placing Platform Limited (PPL) has launched the first general market release from its Microsoft partnership, introducing a new app within Outlook that gives clients access to upcoming products and features. Alongside the app’s launch is direct con...

Posted: Aug 19, 2025

Life reinsurance serves as vital diversification mechanism for Big Four: AM Best

Reinsurance News

AM Best has noted that life protection reinsurance, driven largely by the US market, has been a key element of the European Big Four reinsurers’ risk profiles, providing diversification and earnings stability, with typical margins of 5%–10%. &#822...

Posted: Aug 19, 2025

Mumbai Drenched by More Rain as Highest Alert Issued for City

Insurance Journal

Mumbai is facing more heavy rain after a deluge that’s delayed flights, disrupted train services and closed schools, with India’s weather agency issuing its highest warning for the financial hub. Intense rain spells and wind gusts as high...

Posted: Aug 19, 2025

Nationwide completes acquisition of renewal rights for Markel’s Global Reinsurance unit

Reinsurance News

As previously announced, Columbus-domiciled Nationwide, a diversified financial services and insurance company in the United States, has completed the acquisition of the renewal rights of Markel Insurance’s Global Reinsurance business. This signal...

Posted: Aug 19, 2025

Willis launches global digital auto-follow facility Gemini

Reinsurance News

Willis, a WTW business, has announced the launch of Gemini, a global digital auto-follow facility designed to provide sustainable capacity locally to clients across their insurance portfolios. The “innovative” solution is set to addres...

Posted: Aug 19, 2025

Swiss Re appoints Robin Spencer as COO for L&H Reinsurance

Reinsurance News

Global reinsurer Swiss Re has appointed Robin Spencer as Chief Operating Officer (COO) for its Life & Health Reinsurance (L&H Re) business unit, effective 1st September 2025. Based in London, Spencer will oversee Swiss Re’s global L&...

Posted: Aug 19, 2025

Hippo appoints Charles Sebaski as Head of Investor Relations

Reinsurance News

Home insurance firm Hippo has announced the appointment of Charles Sebaski as Head of Investor Relations. In his new role, Sebaski will report to Guy Zeltser, Chief Financial Officer, and focus on broadening investor and analyst awareness of the s...

Posted: Aug 19, 2025

MSIG USA names Hank Kinne Regional Distribution Leader for Mountain and South Central States

Reinsurance News

MSIG USA, a specialty commercial insurance provider, has appointed Hank Kinne to lead distribution efforts across the Mountain and South Central states, reporting directly to Joseph Fitzpatrick, MSIG USA’s Head of Distribution. Kinne brings over 3...

Posted: Aug 19, 2025

S&P rates Liberty Mutual’s China unit ‘A-’ with stable outlook

Reinsurance News

S&P Global Ratings has assigned an ‘A-‘ local currency long-term issuer credit and financial strength rating to Liberty Insurance Co. Ltd. (Liberty China), the China-based underwriting entity of Liberty Mutual Group Inc. The outloo...

Posted: Aug 19, 2025

Aon Accused of Contributing to Collapse of Startup Vesttoo

Carrier Management

Aon Accused of Contributing to Collapse of Startup Vesttoo Insurance broker Aon Plc was accused in a...

Posted: Aug 19, 2025

Law firm Smith Gambrell adds reinsurance partner Simon Kilgour

Reinsurance News

Global law firm Smith, Gambrell & Russell, LLP, has appointed UK-qualified dispute resolution partner, Simon Kilgour, to its London team. Opened in 2017, the firm’s London and Southampton offices house a robust global transportation practice c...

Posted: Aug 19, 2025

North Carolina Man Charged With More Than $1M in Travel Insurance Fraud

Insurance Journal

Investigators with the North Carolina Department of Insurance last week charged a man with swindling almost $1 million and attempting to gain another $887,500 from travel insurance companies from 2020 to 2024. Michael Gerard Renna, 50, of Clayton, ne...

Posted: Aug 19, 2025

Newsmax Settles Dominion Defamation Case for $67 Million; Says It Couldn’t Get Fair Trial

Insurance Journal

Newsmax Media has agreed to pay $67 million to Dominion Voting Systems to settle a $1.6 billion defamation lawsuit over false claims that the voting machine company rigged the 2020 election against U.S. President Donald Trump, it said on Monday. &#82...

Posted: Aug 19, 2025

Newsmax Settles Dominion Defamation Case for $67M; Says It Couldn’t Get Fair Trial

Insurance Journal

Newsmax Media has agreed to pay $67 million to Dominion Voting Systems to settle a $1.6 billion defamation lawsuit over false claims that the voting machine company rigged the 2020 election against U.S. President Donald Trump, it said on Monday. &#82...

Posted: Aug 19, 2025

Insurance Agent Earned Town’s Trust. But Officials Say He Ran a $95M Ponzi Scheme.

Insurance Journal

For decades, Miles “Burt” Marshall was the man you went to see in a stretch of upstate New York if you had some money to invest but wanted to keep it local. Working from an office in the charming village …

Posted: Aug 19, 2025

$3.75M to Estate of Unarmed Man Fatally Shot by Oregon Police

Insurance Journal

The city of Portland, Oregon, is set to pay $3.75 million to the estate of an unarmed man who was shot and killed by police in 2022 after being mistaken for an armed robbery suspect. The city settled with Immanueal …

Posted: Aug 19, 2025

Judge Strikes Down Trump Guidance Against DEI at Schools and Colleges

Insurance Journal

A federal judge last Thursday struck down two Trump administration actions aimed at eliminating diversity, equity and inclusion programs at the nation’s schools and universities. In her ruling, U.S. District Judge Stephanie Gallagher in Marylan...

Posted: Aug 19, 2025

Coastal Communities Restoring Natural Defenses Against Storm Surges, Rising Seas

Insurance Journal

In San Francisco Bay, salt ponds created more than a century ago are reverting to marshland. Along the New York and New Jersey coasts, beaches ravaged by Superstorm Sandy underwent extensive restoration. In Alabama, a rebuilt spit of land is …

Posted: Aug 19, 2025

Studies Tie Unrecognized Deaths, Health Problems to Hawaii And LA Wildfires

Insurance Journal

The toll of wildfires is usually counted in acres burnt, property destroyed and lives lost to smoke and flames. But three new studies suggest the cost to human health from the Maui and Los Angeles wildfires was substantially higher. Two …

Posted: Aug 19, 2025

Mantas looks to be first parametric MGA in the UAE

Reinsurance News

Mantas, a provider of parametric cyber insurance and predictive analytics to help businesses mitigate cloud downtime risks, has secured In-Principle Approval (IPA) for a Category 4 licence from the Dubai Financial Services Authority (DFSA). The li...

Posted: Aug 19, 2025

A Surge in Euthanasia

Insurance Thought Leadership

A Surge in Euthanasia PaulCarroll Mon, 08/18/2025 - 23:27 The most startling article I've read...

Posted: Aug 18, 2025

Branch Insurance Exchange reports Q2 2025 results

coverager

The reciprocal reported a net underwriting loss of $14 million for the first six months.

Posted: Aug 18, 2025

USAA and NFL extend partnership

coverager

USAA and the NFL announced a significant long-term partnership extension.

Posted: Aug 18, 2025

Aon invests in eMed

coverager

The investment follows the launch earlier this year of Aon's subsidized GLP-1 weight management benefit program for its U.S. workforce.

Posted: Aug 18, 2025

Elevate Specialty launches in the UK

coverager

The company was founded by former DAS employees.

Posted: Aug 18, 2025

Concirrus Earns Triple AI, Security and Data Certifications

IIR

The London-based InsurTech became the first to achieve ISO/IEC 42001, ISO/IEC 27001, and SOC 2 compliance.

Posted: Aug 18, 2025

INTX Launches Embedded Payments, Financing with AndDone, IPFS

IIR

The integration allows carriers, agents, and MGAs to offer insured customers instant digital payments and premium finance options within existing workflows.

Posted: Aug 18, 2025

Heated-Related Deaths Affect Construction Workers More Than Other Industries

Carrier Management

Heated-Related Deaths Affect Construction Workers More Than Other Indus...

Posted: Aug 18, 2025

Rockford Mutual Launches Commercial Insurance Offerings in Michigan

Insurance Journal

Rockford Mutual announced the official launch of their suite of commercial insurance products in the state of Michigan, effective August 18, 2025 This strategic expansion includes Businessowners Policies (BOP), Commercial Package Policies (CPP), and...

Posted: Aug 18, 2025

The State of Claims Fraud Detection

Insurance Thought Leadership

The State of Claims Fraud Detection Claims

Posted: Aug 18, 2025

Swiss Re Tops List of Largest Reinsurers on its Shift to IFRS-17 Accounting: AM Best

Insurance Journal

Swiss Re tops the list of the world’s 50 largest reinsurers as a result of its adoption of the IFRS-17 accounting standards, which also led to a shuffle among the top-tier reinsurers, according to AM Best. Swiss Re had previously …

Posted: Aug 18, 2025

Swiss Re Tops List of Largest Reinsurers on Its Shift to IFRS-17 Accounting: AM Best

Insurance Journal

Swiss Re tops the list of the world’s 50 largest reinsurers as a result of its adoption of the IFRS-17 accounting standards, which also led to a shuffle among the top-tier reinsurers, according to AM Best. Swiss Re had previously …

Posted: Aug 18, 2025

Temporary Barriers Spared Alaska’s Capital From Severe Flooding, Long-Term Fix Elusive

Insurance Journal

The glacial flooding that sent residents of Alaska’s capital city scrambling this week has become an annual ordeal for those who live along the picturesque river that winds from the nearby Mendenhall Glacier. This year, a giant wall of reinforc...

Posted: Aug 18, 2025

Arthur J. Gallagher Completes $13.5 Billion Acquisition of AssuredPartners

Insurance Journal

Arthur J. Gallagher & Co. announced it has closed the previously announced acquisition of U.S. insurance broker AssuredPartners, further expanding its retail middle-market property/casualty and employee benefits focus across the U.S. Gallagher an...

Posted: Aug 18, 2025

MGA Elevate Specialty launches to revolutionise embedded & specialty insurance

Reinsurance News

Elevate Specialty, a new managing general agent (MGA), has officially launched, entering the UK market with a mission to transform embedded and specialty insurance. The company aims to help make protection a seamless part of customers’ lives, movi...

Posted: Aug 18, 2025

Gas Valve Failure During Routine Maintenance Work May Have Led to Fatal Explosion

Carrier Management

Gas Valve Failure During Routine Maintenance Work May Have Led to Fatal Explosion Preparations for a ro...

Posted: Aug 18, 2025

Texas AG Launches Probe into Xcel Energy, Other Utilities Connected to Wildfires

Carrier Management

Texas AG Launches Probe into Xcel Energy, Other Utilities Connected to...

Posted: Aug 18, 2025

US Plans $750M Fly Factory in Texas to Stop a Flesh-Eating Cattle Parasite

Insurance Journal

The U.S. plans to build a $750 million factory in southern Texas to breed billions of sterile flies, ramping up its efforts to keep flesh-eating maggots in Mexico from crossing the border and damaging the American cattle industry. Secretary Brooke &#...

Posted: Aug 18, 2025

Six Killed in Michigan Collision Between Truck and Van Carrying Amish Group

Insurance Journal

A pickup truck went through a stop sign in rural Michigan and crashed into a van carrying members of an Amish community, killing at least six people, authorities said. The crash occurred last Tuesday afternoon in Tuscola County’s Gilford Townsh...

Posted: Aug 18, 2025

Michigan Man Wins $60M in False Charges Case

Insurance Journal

A jury awarded nearly $60 million last week to a man who accused a disgraced Michigan prosecutor and a police officer of violating his rights in filing sexual abuse charges in a case that was ultimately dismissed by the state …

Posted: Aug 18, 2025