All Posts

M&A CAN DRIVE INCREASED SHAREHOLDER VALUE

Rough Notes

  For outsized growth in this industry, M&As are critical The talent and relationships gained through quality acquisitions could take decades to develop organically. By James Graham, CVA The increasing volume of insurance broker transactions is a...

Posted: Sep 05, 2025

CONFRONTING LONG-TERM CARE

Rough Notes

Retirement security may depend on it “[T]he public is becoming aware that Medicaid benefits are going to be cut.” —Jesse Slome Executive Director The American Association of Long-Term Care Insurance By Thomas A. McCoy, CLU In retirement planning disc...

Posted: Sep 05, 2025

NOAA’s Flood Inundation Mapping Tool Now Covers 60% of U.S.

Carrier Management

NOAA’s Flood Inundation Mapping Tool Now Covers 60% of U.S. The National Weather Service (NWS) rec...

Posted: Sep 05, 2025

WHY MANY RISK ADVISORS FAIL TO SEE THE BIG PICTURE (AND HOW YOU CAN FIX THAT)

Rough Notes

It’s 2025, not 2015 [O]ne day you’re reviewing a routine renewal … and the next, you’re scrambling to explain a risk no one saw coming. By Carolyn Smith, APR, TRA As we head into the final stretch of 2025—the last quarter of the first quarter of a br...

Posted: Sep 05, 2025

HOW THE BEST AGENCIES DO IT

Rough Notes

Eight key elements to create the ultimate independent agency [We] have discovered [that] eight key business practices … will enable any agency to create and sustain an extraordinary organization. By Cheryl Koch, CPCU, ARM, AAI, ACSR, AFIS, and Mary B...

Posted: Sep 05, 2025

REGULATING THE ROBOTS

Rough Notes

Federal proposal to ban state actions to regulate AI defeated The states hold limited and contingent authority over insurance. The arrangement could end tomorrow.   By Kevin P. Hennosy If artificial intelligence (AI) triggers feelings of menace and u...

Posted: Sep 05, 2025

YOU VIOLATED OUR PRIVACY!

Rough Notes

Companies should be certain of their rationale for using private data Considering the legal risks that accompany the use of private data, it is important to create, vet and publish privacy statements that are clear, accurate and in compliance with ap...

Posted: Sep 05, 2025

Insurance Europe warns Solvency II reform falls short of EU competitiveness goals

Reinsurance News

Insurance Europe, the federation representing national insurance associations across 39 European countries, has cautioned that the European Commission’s draft Level 2 measures for Solvency II fall well short of political commitments made by EU law...

Posted: Sep 05, 2025

Jeremy Goodman Appointed Chief Client & Growth Officer at Guy Carpenter

Risk & Insurance

The latest people news in the industry today. The post Jeremy Goodman Appointed Chief Client & Growth Officer at Guy Carpente...

Posted: Sep 05, 2025

Bruce Denson Jr. Appointed Chief Strategy Officer at CAC Group

Risk & Insurance

The latest people news in the industry today. The post Bruce Denson Jr. Appointed Chief Strategy Officer at CAC Group appeared first o...

Posted: Sep 05, 2025

Allianz Commercial Names Mary Ann Stewart Regional Head of Liability, North America

Risk & Insurance

The latest people news in the industry today. The post Allianz Commercial Names Mary Ann Stewart Regional Head of Lia...

Posted: Sep 05, 2025

Lightning Sparked Wildfire Devastates Historic California Gold Mining Town, Homes

Carrier Management

Lightning Sparked Wildfire Devastates Historic California Gold Mining Town, Homes One of nearly two doz...

Posted: Sep 05, 2025

US Sues Southern California Edison, Blames it for Eaton, Fairview Wildfires

Carrier Management

US Sues Southern California Edison, Blames it for Eaton, Fairview Wildfires The U.S. g...

Posted: Sep 05, 2025

Nick Martin Joins Alliant Insurance Services to Lead National Alternative Risk Transfer Platform

Risk & Insurance

The latest people news in the industry today. The post Nick Martin Joins Alliant Insurance Services to...

Posted: Sep 05, 2025

Optalitix expands quote platform to power reinsurance pricing

Reinsurance News

Insurtech company Optalitix has introduced an expansion of its pricing platform, Optalitix Quote, aimed at the reinsurance market. The system, which has been used by insurers and MGAs, now includes tools for reinsurers to model treaty and facultat...

Posted: Sep 05, 2025

Ryan Specialty Launches New Sidecar to Support its Delegated Underwriting

Insurance Journal

International specialty insurer Ryan Specialty announced the formation of a new collateralized reinsurance vehicle called Ryan Alternative Capital Re, Ltd. (RAC Re) RAC Re will deliver additional capacity to Ryan Specialty Underwriting Managers&#8217...

Posted: Sep 05, 2025

Smith to Replace Retiring Gunn as Deputy Commissioner at ALDOI

Insurance Journal

The Alabama Department of Insurance has promoted Dusty Smith to the role of deputy commissioner, replacing Jimmy Gunn, who is retiring after 36 years at the department. Smith, a former insurance agent, joined the department in 2011 and has served &#8...

Posted: Sep 05, 2025

IQUW Re Bermuda enhances product suite with Mortgage, Credit, and Cyber Risk

Reinsurance News

IQUW Re Bermuda has expanded its predominantly Property Cat Reinsurance product suite with the additions of Mortgage, Credit, and Cyber Reinsurance to its portfolio. IQUW Re Bermuda stated that, supported by its strong balance sheet and capital fo...

Posted: Sep 05, 2025

VIG acquires 80% of Moldasig

coverager

The deal follows VIG’s 2014 entry into Moldova.

Posted: Sep 05, 2025

AXA partners with MOTOGO on typhoon parametric and travel insurance

coverager

The offerings are provided at no cost to eligible MOTOGO members.

Posted: Sep 05, 2025

THE DIFFERENCE IS MINDSET

Rough Notes

Success doesn’t depend exclusively on strategy, resources and talent, but also on thinking bigger [Successful business owners] simply don’t indulge the voice of internal doubt that produces self-limiting behaviors. By Brent Kelly In working with the...

Posted: Sep 05, 2025

Aon appoints Andrew Minnitt as Head of Southeast Asia

Reinsurance News

Aon, a global insurance and reinsurance broking group, has announced the appointment of Andrew Minnitt as Head of Southeast Asia. The newly created role brings together Singapore, Indonesia, Malaysia, the Philippines, Thailand, and Vietnam as a un...

Posted: Sep 05, 2025

Containment Grows on Wildfires That Forced Evacuations, Destroyed Buildings

Insurance Journal

Firefighters are slowly gaining on several wildfires burning in the foothills of the Sierra Nevada area, forcing evacuations and destroying buildings in a historic mining town. The TCU September Lightning Complex fires, which were started by numerous...

Posted: Sep 05, 2025

AI Adoption Accelerates in Insurance Agencies Despite Lingering Skepticism

Risk & Insurance

Liberty Mutual study reveals generational divide as younger agency employees embrace artificial intelligence for work. The post

Posted: Sep 05, 2025

RBC BlueBay Says ESG Is ‘Extremely Important’ for Investors

Insurance Journal

Even after more than three years of Republican-led attacks against environmental, social and governance investing, the strategy is still “extremely important,” according to RBC BlueBay Asset Management. “Focusing on ESG as part of y...

Posted: Sep 05, 2025

AM Best highlights importance of underwriting cycle management for Lloyd’s amid softening market con...

Reinsurance News

AM Best, the credit rating agency, reports that Lloyd’s reinsurance business has seen substantial growth in recent years, with a five-year compound average growth rate of 9 percent. Specialty reinsurance has been the fastest-growing segment, recor...

Posted: Sep 05, 2025

Lloyd’s Reports Combined Ratio of 92.5 on Drop in H1 Underwriting Result

Carrier Management

Lloyd’s Reports Combined Ratio of 92.5 on Drop in H1 Underwriting Result Lloyd's first-half u...

Posted: Sep 05, 2025

Apollo Settles Fight With Ex-Athene Executives Before Trial

Insurance Journal

Apollo Global Management Inc. resolved a lawsuit against two former executives of insurance unit Athene Holding Ltd. just days before the matter was set to go to trial. In a Wednesday filing in New York state court, the private equity …

Posted: Sep 05, 2025

MultiStrat appoints new execs, launches casualty reinsurance partnership

Reinsurance News

MultiStrat has named Nadia Chychrun as Chief of Staff and Group Senior Director of Program Change, and Paul McCabe as Executive Director – Operations (COO), while also entering a definitive agreement to provide underwriting and liability managemen...

Posted: Sep 05, 2025

Publisher Gannett Wins Dismissal of Nearly All of Journalists’ Job Bias Lawsuit

Insurance Journal

Gannett, the largest U.S. newspaper publisher, won the dismissal of most of a lawsuit, including all class action claims, alleging its diversity policies led to widespread discrimination against white journalists. U.S. District Judge Rossie Alston sa...

Posted: Sep 05, 2025

Secondary perils a “big opportunity for the reinsurance market,” says Karen Clark

Reinsurance News

Advancements in risk modelling offer a big opportunity for the reinsurance market to better understand and price secondary perils, the co-founder and CEO of Karen Clark & Company (KCC), Karen Clark, shared in a recent interview with Reinsuranc...

Posted: Sep 05, 2025

People Moves: Judd Joins AXA XL Energy

Insurance Journal

Judd Joins AXA XL Energy Underwriting Team AXA XL, in Stamford, Connecticut, hired Eric Judd as an executive underwriter on its energy underwriting team in the Americas in New York. With more than three decades of experience in the insurance …

Posted: Sep 05, 2025

Flood Re adds Murphy as Independent Non-Exec. Director and Mulry-Lawson as Interim CRO

Reinsurance News

Flood Re, the UK government-backed scheme funded by the insurance industry to improve access to affordable flood insurance, has appointed Michael Murphy as Independent Non-Executive Director and Sue Mulry-Lawson as Interim Chief Risk Officer (CRO)...

Posted: Sep 05, 2025

Trump to Ask Supreme Court to Toss Carroll’s $5 Million Abuse and Defamation Verdict

Insurance Journal

President Donald Trump will soon ask the Supreme Court to throw out a jury’s finding in a civil lawsuit that he sexually abused writer E. Jean Carroll at a Manhattan department store in the mid-1990s and later defamed her, his …

Posted: Sep 05, 2025

Those who innovate & adapt will thrive in evolved reinsurance market: Howden Re

Reinsurance News

Howden Re, the global reinsurance, capital markets and strategic advisory arm of Howden, has suggested that those who combine market insight with technical execution, portfolio diversification and innovative structures will be best placed to succe...

Posted: Sep 05, 2025

Mass. Orders Insurers to Cover State-Backed Vaccines, Even Without CDC Support

Insurance Journal

Massachusetts Governor Maura Healey said Thursday the state had ordered insurers to cover vaccines backed by its health department, even if the U.S. Centers for Disease Control and Prevention issue narrower recommendations. Insurers would no longer r...

Posted: Sep 05, 2025

BHSI adds Anna Spink as Head of Marine, Australasia

Reinsurance News

Berkshire Hathaway Specialty Insurance (BHSI), a provider of commercial property, casualty, and specialty insurance solutions, has appointed Anna Spink as Head of Marine, Australasia. In her new role, Spink will be based in Sydney and lead the mar...

Posted: Sep 05, 2025

Lloyd’s CEO outlines strategy to boost market relevance and cut costs

Reinsurance News

Lloyd’s Chief Executive Officer Patrick Tiernan has set out his vision for the future of the market, stressing both the need to strengthen Lloyd’s relevance to stakeholders and to reduce the cost of doing business. “We will strive to increase the...

Posted: Sep 05, 2025