All Posts

Alphabet’s Waymo to Launch Autonomous Ride-Hailing Service in London in 2026

Insurance Journal

Alphabet’s Waymo plans to launch its fully driverless ride-hailing service in London in 2026, the robotaxi firm said on Wednesday [Oct. 15], as it looks to expand its footprint to major international cities. Waymo has grown slowly but steadily...

Posted: Oct 17, 2025

Preferred Re appoints Tyler King as EVP

Reinsurance News

Preferred Reinsurance Intermediaries, a boutique reinsurance intermediary and subsidiary of Balavant Insurance Group, has appointed Tyler King as Executive Vice President (EVP). The appointment aligns with Preferred Re’s strategy to build a...

Posted: Oct 17, 2025

Energy Transfer Delays Lake Charles LNG Project Decision to 2026

Insurance Journal

Energy Transfer LP has pushed back its targeted final investment decision for the proposed Lake Charles liquefied natural gas export project in Louisiana to the first quarter of 2026 from the end of this year, according to people familiar with &#8230...

Posted: Oct 17, 2025

Meta Building New Gigawatt-Sized Data Center in Texas

Insurance Journal

Meta Platforms Inc. is building a new gigawatt-sized data center in Texas to advance its artificial intelligence efforts, the latest in a string of significant investments by the company as it looks to keep pace in the competitive AI industry. &#8230...

Posted: Oct 17, 2025

Insurance Agency M&A Activity Slows as Private Equity Tightens Grip on Market

Risk & Insurance

Deal volume drops 7% through September 2025, while PE-backed buyers control 72% of transactions, OPTIS Partners reports. The post

Posted: Oct 17, 2025

Re/insurance industry must capitalise on huge data centre opportunity: Turk, Lloyd’s

Reinsurance News

Data centres offer re/insurers a massive opportunity due to their scale, but they also carry significant risks, and if the industry cannot quickly provide solutions that meet the needs of technology giants, these risks could move into captives, sa...

Posted: Oct 17, 2025

Cartan Trade reorganizes its shareholding structure

coverager

Cartan Trade announced a reorganization of its shareholding structure and the completion of a €9 million capital raise.

Posted: Oct 17, 2025

ZeroedOut launches nationwide

coverager

The company offers a membership program that helps drivers lower their auto insurance costs through deductible protection.

Posted: Oct 17, 2025

AIA Singapore teams up with Amplify Health on chronic disease management

coverager

The first 1,500 customers will receive the program at no additional cost.

Posted: Oct 17, 2025

Trump Bid to Deploy Troops in Chicago Again Denied by Court

Insurance Journal

A federal appeals court refused a request by the U.S. government to pause a judge’s order that blocked President Donald Trump from deploying National Guard troops to Chicago. A three-judge panel of the 7th U.S. Circuit Court of Appeals on &#823...

Posted: Oct 17, 2025

Smucker Sues Trader Joe’s in Ohio, Saying New PB&Js Are Too Like Uncrustables

Insurance Journal

The J.M. Smucker Co. is suing Trader Joe’s, alleging the grocery chain’s new frozen peanut butter and jelly sandwiches are too similar to Smucker’s Uncrustables in their design and packaging. In the lawsuit, which was filed this wee...

Posted: Oct 17, 2025

Smucker Sues Trader Joe’s in Ohio, Saying New PB&Js Are Too Much Like Uncrustables

Insurance Journal

The J.M. Smucker Co. is suing Trader Joe’s, alleging the grocery chain’s new frozen peanut butter and jelly sandwiches are too similar to Smucker’s Uncrustables in their design and packaging. In the lawsuit, which was filed this wee...

Posted: Oct 17, 2025

Gallagher launches InsurX powered smart follow cross-class facility for LatAm facultative reinsuranc...

Reinsurance News

Gallagher, the global insurance and reinsurance broking group, has launched a new smart follow cross-class tracker facility called Galaxy, powered by InsurX and backed by Canopius, Munich Re, and others, it has been developed to connect facultativ...

Posted: Oct 17, 2025

New York Hospital Insurer Files for Bankruptcy, Citing Child Sex Abuse Claims

Insurance Journal

A Bermuda captive that insured several New York hospitals affiliated with a leading Jewish not-for-profit organization says it is insolvent, citing millions of dollars in child sex abuse claims brought against it under the state’s Child Victims...

Posted: Oct 17, 2025

Chamber of Commerce Sues Over Trump’s $100,000 H-1B Visa Fee

Insurance Journal

The nation’s largest business lobbying group sued the Trump administration over its changes to the visa system for skilled foreign workers, teeing up a fresh battle between corporate America and the president. The US Chamber of Commerce said in...

Posted: Oct 17, 2025

An Unsustainable Trend – Declining P/C Rates and Rising Cost of Risk: Marsh’s Doyle

Insurance Journal

Property/casualty prices are declining, while the cost of risk continues to rise – a trend that is unsustainable over time, according to John Doyle, president and chief executive officer of Marsh McLennan (MMC). Nevertheless, without significant chan...

Posted: Oct 17, 2025

Closing cyber protection gap a critical societal responsibility: Munich Re

Reinsurance News

Munich Re has warned that the sizeable cyber insurance protection gap, which directly exposes individuals and businesses, makes closing the gap and bolstering cyber resilience not just a strategic priority for the insurance industry, but a “...

Posted: Oct 17, 2025

Digital Transformation Driving Evolution of Insurance Distribution Partnerships

Risk & Insurance

First Connect survey reveals 81% of agents face mounting customer speed demands while carriers invest in technology solutions. The post

Posted: Oct 17, 2025

Europe’s big four performed better than expected in the last soft cycle: J.P. Morgan

Reinsurance News

As the reinsurance market softens from the highs of 2023, with further pressure on pricing expected at the upcoming January renewals, analysis by J.P. Morgan reveals that for Europe’s big four reinsurers, results were better than expected in...

Posted: Oct 17, 2025

Illinois Sues State Farm for Refusal to Release Homeowners Insurance Data

Carrier Management

Illinois Sues State Farm for Refusal to Release Homeowners Insurance Data The Stat...

Posted: Oct 17, 2025

New California Law Aims to Stabilize Insurance for Those Unable to Get Private Coverage

Carrier Management

New California Law Aims to Stabilize Insurance for Those Unab...

Posted: Oct 17, 2025

Balanced reinsurance environment to persist into 2026: Active Re

Reinsurance News

The reinsurance market is expected to remain “in a phase of transition and recalibration”, remaining fundamentally healthy heading into 2026, said Robert Ali, Active Re’s Chief Operating Officer, in a recent interview with Reinsurance News. After...

Posted: Oct 17, 2025

AXA announces a number of leadership changes ahead of next strategic cycle

Reinsurance News

French insurer AXA, has announced a number of changes within its leadership team in preparation for its next strategic cycle. The changes, effective December 1st, 2025, are designed to support continued growth and accelerate operational transforma...

Posted: Oct 17, 2025

Markets/Coverages: Resilience Expands Tech E&O Coverage for Clients Above $25M

Insurance Journal

Resilience, cyber risk solutions provider, said it has expanded its appetite for technology errors & omissions (tech E&O) insurance to clients with more than $25 million revenue in the US, GBP50M in the UK and EUR 25M in the EU. …

Posted: Oct 17, 2025

Resilience broadens Tech E&O reach across US, UK, and EU markets

Reinsurance News

Cyber risk specialist Resilience has expanded its appetite for Technology Errors & Omissions (Tech E&O) insurance to include clients with revenues above $25 million in the US, £50 million in the UK, and €25 million in the EU. The expansion...

Posted: Oct 17, 2025

Stability & consistency key for Swiss Re ahead of Baden-Baden & Jan renewals: Nikhil da Victoria Lob...

Reinsurance News

Global reinsurance giant Swiss Re will have a key focus on stability and consistency during its negotiations with clients at the 2025 Baden-Baden Reinsurance Meeting, as the market navigates underlying strengths and challenges ahead of the key Jan...

Posted: Oct 17, 2025

UK Spy Chief Warns of AI Danger, Though Not Disaster-Movie Doom

Insurance Journal

AI systems acting without human control could one day pose a security threat, the head of Britain’s MI5 spy agency said on Thursday, although he said he was not predicting doom scenarios as depicted in sci-fi movies. Tech leaders have …

Posted: Oct 17, 2025

MNK International appoints James Gorsuch as Associate Director of UK & International Real Estate

Reinsurance News

MNK International, part of the MNK Group and an independent Lloyd’s broker, has expanded its real estate services with the appointment of James Gorsuch as Associate Director of UK and International Real Estate. Gorsuch has over 10 years of experie...

Posted: Oct 17, 2025

AI-native insurer MGT closes $21.6m Series B funding round

Reinsurance News

MGT, a vertically AI-native neo-insurer, has closed an oversubscribed $21.6 million Series B funding round led by new investor Mubadala Capital, with participation from Clocktower Ventures, Tacora Capital, and existing backers. The company said th...

Posted: Oct 17, 2025

Tesla’s European Regulator Says Door Safety a ‘Key Priority’

Insurance Journal

Tesla Inc.’s safety regulators in Europe are joining an expanding global effort to more closely scrutinize the door handle design popularized by the world’s leading electric vehicle manufacturer. The Dutch authority RDW, which inspects an...

Posted: Oct 17, 2025

Lockton Re hires Aon’s David Bell as Head of Aviation

Reinsurance News

Lockton Re, the reinsurance arm of the privately held independent insurance broker, has appointed David Bell as Head of Aviation, based in London. In his new role, Bell, who has experience in global aviation treaties and excess of loss programmes,...

Posted: Oct 17, 2025

Italy Plans to Get €11 Billion From Banks, Insurers in 3 Years

Insurance Journal

Italy’s government coalition has reached an agreement over a complex scheme that would see banks and insurers contributing about €11 billion ($12.8 billion) to its budget over three years. The contribution affecting the financial and insurance...

Posted: Oct 17, 2025

Vienna Insurance Group Offers to Buy Germany’s Nuernberger Beteiligungs for $1.61B

Insurance Journal

Vienna Insurance Group (VIG) said late on Thursday that it will acquire all shares of German insurer Nuernberger Beteiligungs AG for 1.38 billion euros ($1.61 billion) in cash. VIG will offer Nuernberger shareholders 120 euros per share, the insurer...

Posted: Oct 17, 2025

Coalition’s excess cyber insurance launches in Quebec

Reinsurance News

Coalition, an active insurer focused on preventing digital risks, has announced the launch of its Excess Cyber Insurance policies in Quebec, as well as its refreshed Excess offering across Canada. Canadian businesses, including those in Quebec, wi...

Posted: Oct 17, 2025

Sleeman appointed Head of Investor Relations for The Fidelis Partnership

Reinsurance News

The Fidelis Partnership (TFP), a privately-owned managing general underwriter (MGU), has announced the appointment of Andrew Sleeman as Head of Investor Relations. Sleeman, who will also join TFP’s Group Executive Committee, will be responsible fo...

Posted: Oct 17, 2025