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Marsh McLennan has named Mike Mathews as its Global Digital Infrastructure Leader, where he will leverage the firm’s combined expertise in risk, capital, and advisory solutions to serve clients in the rapidly growing sector. Mathews joined M...
Posted: Dec 19, 2025
Bermuda-based global insurer and reinsurer, Lancashire Holdings Limited, has reported that rating agency S&P Global Ratings has lifted its long-term issuer credit and financial strength ratings on the firm’s core re/insurance operating s...
Posted: Dec 19, 2025
Eleven firefighters and two other people were injured in a house fire explosion in the Piedmont region of North Carolina, officials said. Salisbury Fire Chief Bob Parnell said firefighters did not have life-threatening injuries but were getting treat...
Posted: Dec 19, 2025
Data center operators are fixated on the “five nines” — an expectation that they’ll keep the infrastructure behind financial markets, e-commerce and artificial intelligence running 99.999% of the time. So as news rippled out last mo...
Posted: Dec 19, 2025
As the global insurance industry enters 2026, the London Market is standing at a critical crossroads, with Lloyd’s of London under mounting pressure to redefine its strategic direction following significant leadership transitions – including...
Posted: Dec 19, 2025
Vantage Group to Be Acquired by Ackman-Backed Howard H...
Posted: Dec 19, 2025
AIG Partners With Amwins, Blackstone to Launch Lloyd’s Syndicate Using Palantir American International Group (AIG)...
Posted: Dec 19, 2025
American beef plants are under threat as the number of cattle destined for their facilities stays far below historical levels, reflecting the smallest herd in more than half a century. Cattle placed in US feedlots, where animals are fed until …
Posted: Dec 19, 2025
Ben & Jerry’s independent board late on Wednesday said in a filing that its new corporate parent, the Magnum Ice Cream Company, is forcing three more directors to complete training and other requirements or face removal. Ben & JerryR...
Posted: Dec 19, 2025
With the next Texas flood season just months away, Kerr County officials say they’re in a race to build a long-planned flood warning system estimated to cost up to $5 million — and they’re depending on the state to contribute …
Posted: Dec 19, 2025
With the next Texas flood season just months away, Kerr County officials say they’re in a race to build a long-planned flood warning system estimated to cost up to $5 million — and they’re depending on the state to contribute …
Posted: Dec 19, 2025
Xavier Pazmino has been appointed as Executive Vice President, Head of Marine, for Chubb Overseas General Insurance (COG), Chubb’s international general insurance operations, effective February 2026. Pazmino, who succeeds Andrew Williamson i...
Posted: Dec 19, 2025
Artificial intelligence is likely to displace British workers even as it makes the country more productive, Bank of England Governor Andrew Bailey said in his most stark warning yet on the technology’s impact. Bailey said on Friday that the UK...
Posted: Dec 19, 2025
AM Best has upgraded Arch Capital Group and its subsidiaries’ ratings, citing the firm’s strong operating performance and a proven track record of delivering superior underwriting results and investment returns, even during softer market condition...
Posted: Dec 19, 2025
In November, a train carrying almost 500 people came to a sudden halt in eastern Poland. A broken overhead line had smashed several windows, and the track ahead was damaged. Elsewhere on the line, explosives detonated under a passing freight …
Posted: Dec 19, 2025
Previsico, a flood forecasting and real-time flood risk intelligence platform provider, has appointed Mark Pinkerton as Chief Technical Officer (CTO). In his new role, Pinkerton will oversee the company’s global technology strategy, product develo...
Posted: Dec 19, 2025
TD Cowen, an investment bank and financial services firm, has shared key observations on the casualty market from recent meetings in Bermuda with reinsurance participants. According to analysts, primary casualty appears to still be successfully in...
Posted: Dec 19, 2025
Britain’s financial watchdog on Thursday laid out its efforts to raise standards in the home and travel insurance market after a consumer group made a rare “super-complaint” against the regulator, accusing it of letting customers do...
Posted: Dec 19, 2025
India’s long-awaited package of financial services reforms is setting the stage for a surge of foreign capital into the world’s fastest-growing major economy. In the latest step, lawmakers passed a bill this week allowing up to 100% forei...
Posted: Dec 19, 2025
Farmers Insurance Exchange and its subsidiaries and affiliates, collectively known as the Farmers Insurance Group, have closed a $400 million catastrophe bond, providing indemnity-based coverage that complements their traditional catastrophe reins...
Posted: Dec 19, 2025
Global reinsurance broker Gallagher Re has announced the launch of a new dedicated Captive Risk Transfer team within its Global Facultative practice, which will be led by Martin Hughes as Executive Vice President, Captives, effective January 1, 20...
Posted: Dec 19, 2025
Alternative investment managers are starting to take a serious interest in catastrophe bonds tied to wildfires, moving into a risk category that just a few years ago was seen as too difficult to model. More than $5 billion of cat …
Posted: Dec 19, 2025
Amid a “very late” January 1 renewal this year, reinsurers need to remain vigilant and monitor for any terms and conditions (T&Cs) slippage, according to Jon Sullivan, Group CUO at Brit Insurance. As the market approaches the January 1 deadlin...
Posted: Dec 19, 2025
AIG, in partnership with Amwins and funds managed by Blackstone, is launching a new Lloyd’s syndicate, Syndicate 2479, featuring a novel structure that brings together a specialty distributor, an insurer and a Lloyd’s platform backed by third-part...
Posted: Dec 19, 2025
Insurance broker The Clear Group has announced the retirement of Howard Lickens, the founder of the business with Gary O’Donnell, at the end of this year. Lickens has been instrumental in shaping Clear since its formation in 2001. Over the last tw...
Posted: Dec 19, 2025
Hong Kong’s non-life insurance industry has consistently achieved profitable underwriting over the past five-year, driven by the performance in the general liability and property damage lines of business, according to a new AM Best report. Acciden...
Posted: Dec 19, 2025
Posted: Dec 19, 2025
Posted: Dec 19, 2025
Tesla owners are going to extreme lengths to deal with a problem most had never imagined: being unable to open malfunctioning doors.
Posted: Dec 19, 2025
An estimated 2.45 million cars on the road likely have their odometers rolled back, 14 percent more than last year, according to vehicle history provider CARFAX. There was just a 4 percent increase between 2023 and 2024. “Odometer rollbacks occ...
Posted: Dec 19, 2025
UPS stole tens of millions of dollars in pay from seasonal workers who help the shipping giant deliver packages during the busy holiday season, forcing some to clock in well after their shifts started and deducting pay for lunch breaks …
Posted: Dec 19, 2025
Higginbotham, ranked as one of the top-20 largest independent insurance brokerages in the U.S., has continued its growth with the addition of Charter Energy, a specialty insurance brokerage in Atlanta. Charter was founded in 1986 by Pete Lunati and i...
Posted: Dec 19, 2025
Siry Joins Patriot Growth Insurance Services as COO Patriot Growth Insurance Services LLC, headquartered in Fort Washington, Pennsylvania, appointed Darryl Siry as chief operating officer (COO). Siry has over 25 years of experience leading technology...
Posted: Dec 19, 2025
Elon Musk’s X Corp. sued a startup on Tuesday after it sought to cancel X’s Twitter trademarks so it can “bring Twitter back” as a new social media platform. X said in the lawsuit in Delaware federal court that its …
Posted: Dec 19, 2025
Elon Musk’s X Corp. sued a startup on Tuesday after it sought to cancel X’s Twitter trademarks so it can “bring Twitter back” as a new social media platform. X said in the lawsuit in Delaware federal court that its …
Posted: Dec 19, 2025
The Occupational Safety and Health Administration reported that it has again cited an Easton, Connecticut concrete and earthwork contractor for willfully failing to protect workers from cave-in and excavation hazards OSHA has proposed more than $1.2...
Posted: Dec 19, 2025
California regulators reduced the profit that utilities are allowed to make on infrastructure investments in an effort to rein in soaring electricity bills. Related: Massive Wildfire Liabilities Push Utilities to Use AI to Stop Blazes The move Thursd...
Posted: Dec 19, 2025
Insurance Commissioner Ricardo Lara ordered a mandatory one-year moratorium to prevents homeowners’ insurance cancellations and non-renewals for Pack Fire victims following an emergency declaration. Lara ordered insurers to preserve residential...
Posted: Dec 19, 2025
Howden, a global insurance and reinsurance broking group, has announced the appointment of Eugene Lim as Head of Tax Insurance, Asia. In his new role, Lim will lead Howden’s tax advisory and insurance capabilities across the region, working with c...
Posted: Dec 19, 2025
Davis & Towle Insurance Group, a large New Hampshire independent insurance agency, now has 13 agency locations in its group across the state with the addition of The Insurance Source. The Insurance Source in Keene has served the Greater Monadnock...
Posted: Dec 19, 2025
The collaboration streamlines the intake and preparation of submission materials.
Posted: Dec 18, 2025