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Radiology Partners acquires healthcare AI company Cognita Imaging

coverager

Radiology Partners is looking to expand capacity and address staffing shortages with AI.

Posted: Nov 19, 2025

Progressive reports 89.7% CR for October

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The insurer ended the month with a combined ratio of 89.7% and net income of $846 million.

Posted: Nov 19, 2025

KitchenSync raises $10 million

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The startup has raised $35 million to date. 

Posted: Nov 19, 2025

Federato raises $100m Series D to accelerate global expansion

Reinsurance News

Federato, an AI-powered underwriting platform for the insurance industry, has raised $100 million in Series D funding led by Growth Equity at Goldman Sachs Alternatives. The substantial new capital reinforces a significant change in the insurance...

Posted: Nov 19, 2025

AM Best Downgrades State Farm Mutual Auto

Insurance Journal

AM Best has downgraded the financial strength ratings of State Farm Mutual Automobile Insurance Company and its affiliates to A+ from A++, reflecting a revision to Best’s assessment of the group’s operating performance. The affiliates inc...

Posted: Nov 19, 2025

Reask names Andy Rice as Chief Growth Officer, US

Reinsurance News

Reask, a provider of early warning, real-time, and probabilistic risk forecasting solutions for global extreme weather events, has appointed Andy Rice as Chief Growth Officer, US, to bolster its presence across the country. In the new role, he wil...

Posted: Nov 19, 2025

Fatigue Crack Caused Keystone Pipeline Oil Spill in North Dakota

Carrier Management

Fatigue Crack Caused Keystone Pipeline Oil Spill in North Dakota A fatigue crack in the Keystone Pipeli...

Posted: Nov 19, 2025

Microsoft Launches Tracker to Manage Autonomous AI in the Workplace

Carrier Management

Microsoft Launches Tracker to Manage Autonomous AI in the Workplace In Microsoft's view, humans...

Posted: Nov 19, 2025

KCC releases US Winter Storm Model Version 3.0

Reinsurance News

Karen Clark & Company (KCC), a provider of catastrophe risk modelling solutions, has released Version 3.0 of its US Winter Storm Model. The model captures two types of winter storms: extratropical cyclones (ETCs) and Arctic air outbreaks. Nort...

Posted: Nov 19, 2025

Tokio Marine international business profit hits JPY235.4bn in Q2 FY25

Reinsurance News

Tokio Marine Holdings has announced its financial results for the second quarter of the 2025 fiscal year, reporting a 6.4% decrease in its international business profits, which reached JPY235.4 billion. This solid performance occurred despite faci...

Posted: Nov 19, 2025

Former Florida Broker and Texas Man Convicted in ACA Scheme That Paid $180M

Insurance Journal

A federal jury in south Florida this week convicted a formerly licensed insurance broker and the head of a marketing firm for their roles in a years-long scheme to fraudulently enroll homeless people in Affordable Care Act insurance plans. Cory &#823...

Posted: Nov 19, 2025

E&S Market Outlook Shifts as Rate Momentum Slows and Headwinds Emerge: AM Best

Risk & Insurance

Despite downgrade from positive to stable, AM Best says the excess and surplus lines market remains a key alternative to declining admitted carrier capacity. The post

Posted: Nov 19, 2025

VIG raises outlook for full year results following ‘outstanding’ Q1-Q3 figures

Reinsurance News

Following its “outstanding” Q1–Q3 results, Vienna Insurance Group’s management has raised the firm’s full-year 2025 pre-tax target from €950 million–€1 billion to €1.10–€1.15 billion. This will come as no surprise to famili...

Posted: Nov 19, 2025

HP Seeking $1.8 Billion From Mike Lynch’s Estate After UK Autonomy Lawsuit

Insurance Journal

Hewlett Packard Enterprise is seeking nearly $1.8 billion from the estate of the late Mike Lynch over HP’s acquisition of his British tech firm Autonomy, the U.S. technology giant’s lawyers told London’s High Court on Tuesday. Hewle...

Posted: Nov 19, 2025

‘Clear Soft Market Conditions’ for Commercial P/C Lines in Q3, Says CIAB

Insurance Journal

According to The Council of Insurance Agents & Brokers (CIAB) quarterly survey, commercial property/casualty premiums across all account sizes in the third quarter 2025 rose by 1.6%, as premium increases in all lines of business were either flat...

Posted: Nov 19, 2025

King Risk Acquires Surles Agency in North Carolina

Insurance Journal

King Risk Partners, which said it is now the 51st largest insurance brokerage in the United States, has acquired Stuart Surles Insurance agency in Angier, North Carolina, near Raleigh. The Surles agency, founded some 30 years ago, specializes in farm...

Posted: Nov 19, 2025

MGA Bobcat Re Launched in U.S. by Former K2 CAT Execs

Carrier Management

MGA Bobcat Re Launched in U.S. by Former K2 CAT Execs A new property-catastrophe reinsurance MGA, Bobcat R...

Posted: Nov 19, 2025

APCIA: House Judiciary Committee Must Pass Litigation Funding Disclosure Reforms

Carrier Management

APCIA: House Judiciary Committee Must Pass Litigation Funding Disclosure Reforms The American Property Casua...

Posted: Nov 19, 2025

Tech-enabled litigation instigation, a new practice destabilising US insurance markets: Demotech

Reinsurance News

Systemic, tech-driven lawsuit practices are destabilising insurance markets in the United States, recent research by rating agency and financial analyst Demotech has revealed. Vulnerable property owners hit by natural disasters are facing a &#8220...

Posted: Nov 19, 2025

Single Loose Wire Led to Blackout That Caused Dali Crash Into Baltimore Bridge

Insurance Journal

A plastic label on a single loose wire that blocked the wire from being fully connected caused an electrical blackout that led to the fatal collision of the 984-foot-long containership Dali into Baltimore’s Francis Scott Key Bridge in 2024. Inv...

Posted: Nov 19, 2025

People Moves: Marsh UK Promotes Addington-Smith as CEO, Succeeding Lay

Insurance Journal

Marsh, the insurance brokerage business of Marsh McLennan, announced the appointment of James Addington-Smith as CEO of Marsh UK. Subject to regulatory approval, Addington-Smith will take up his new role early in 2026 and report to Flavio Piccolomini...

Posted: Nov 19, 2025

Rokstone launches Cyber division and hires Debbie Hobbs

Reinsurance News

Rokstone, an international specialty re/insurance managing general agent (MGA), has announced the launch of a dedicated Cyber division, alongside the appointment of Debbie Hobbs. Global demand for Cyber protection continues to rise amid escalating...

Posted: Nov 19, 2025

US Faces Winter Blackout Risks From Data Centers’ Power Needs

Insurance Journal

Rising electricity demand from data centers is raising the risk of blackouts across a wide swath of the US during extreme conditions this winter, according to the regulatory body overseeing grid stability. Power consumption has grown 20 gigawatts fro...

Posted: Nov 19, 2025

Russia Attacks on EU Are State-Sponsored Terrorism, Top Diplomat Says

Insurance Journal

The European Union’s top diplomat said that Moscow’s aggression against the bloc, including an explosion that occurred in Poland over the weekend, should be considered terrorism. “These sabotage acts they are organizing on our terri...

Posted: Nov 19, 2025

MS Reinsurance’s combined ratio strengthens as H1’25 net income rises 21%

Reinsurance News

Zurich domiciled reinsurer MS Reinsurance (MS Re), part of global insurance group MS&AD, generated a net income of $155 million in the first half of 2025, an increase of $27 million, or 21% on the prior year, as the firm’s combined ratio...

Posted: Nov 19, 2025

Oil Tanker Seized by Iran Is Released With Cargo Missing

Insurance Journal

An oil tanker that was seized by Iranian forces last week has been freed but without its cargo, the vessel’s manager said. The crew of the Talara, which was captured on Friday, are safe and in good spirits, Columbia Shipmanagement …

Posted: Nov 19, 2025

Aon appoints Vincent Shih as Head of Treaty for Taiwan, Reinsurance Solutions

Reinsurance News

Aon’s Reinsurance Solutions, the reinsurance division of global broker Aon, has announced the appointment of Vincent Shih as Head of Treaty Reinsurance in Taiwan. Shih brings more than 18 years of experience in the reinsurance treaty market and is...

Posted: Nov 19, 2025

Sompo International posts higher H1’25 profit with strong reinsurance performance

Reinsurance News

Sompo International Holdings Ltd., a specialty provider of property, casualty, and specialty insurance and reinsurance, reported an insurance service profit of $1.038 billion in its first half financial year results, an increase of 75% on the prio...

Posted: Nov 19, 2025

How Collaboration Can Lead to the Break Down of Silos and Innovation in Insurance Technology

Risk & Insurance

At National Comp 2025, experts shared their experience in breaking down the silos within workers' comp in order to collaborate and innovate solutions that can match the booming growth and introduction of new technology. The post

Posted: Nov 19, 2025

OAK Enterprise Gets Approval From Lloyd’s to Underwrite Retro via Syndicate 1440

Insurance Journal

OAK Global, the Lloyd’s reinsurance business, announced it has received permission from Lloyd’s to underwrite via Syndicate 1440. The new syndicate will operate as the strategic business unit OAK Enterprise, providing property and special...

Posted: Nov 19, 2025

Alex Gregory joins IQUW London Reinsurance team as Senior Underwriter

Reinsurance News

Specialty insurer and reinsurer IQUW has announced the appointment of Alex Gregory as IQUW Senior Underwriter, Specialty Reinsurance in London. The executive, who has joined IQUW from Munich Re Specialty, brings a deep understanding of the reinsur...

Posted: Nov 19, 2025

Mental Health Coverage Is Expanding in Workers’ Comp — But Who’s Actually Providing the Care?

Risk & Insurance

Is coverage for conditions like PTSD outpacing workers' comp's ability to deliver it? The post Mental Health Co...

Posted: Nov 19, 2025

Re/insurance industry enters tighter economic regime from position of strength: Swiss Re

Reinsurance News

High interest rates, ageing demographics and the return of industrial policy are reshaping the global economy, yet the Swiss Re Institute’s latest sigma report has suggested that the insurance sector enters this tighter regime from a position of s...

Posted: Nov 19, 2025

Lloyd’s approves OAK Global’s Syndicate 1440 for underwriting

Reinsurance News

OAK Global, an independent reinsurance group that provides risk solutions and underwriting capacity to clients worldwide, announced that Lloyd’s has granted approval for underwriting to begin through Syndicate 1440. The syndicate will operate with...

Posted: Nov 19, 2025

Hurricane Readiness: Protecting Your Property This Season

Insurance Journal

This post is part of a series sponsored by IAT Insurance Group. The 2025 Atlantic hurricane season is shaping up to be one of the most active yet, with up to 25 named storms expected — and the potential for …

Posted: Nov 19, 2025

MS Amlin’s H1’25 profit falls to £47m amid a more challenging loss environment

Reinsurance News

Global re/insurer MS Amlin Underwriting Limited, part of insurance group MS&AD, saw its combined ratio deteriorate by 10 percentage points to 94.5% for the first half financial reporting period to June 30th, 2025, as the impact of the Californ...

Posted: Nov 19, 2025

Fall into Efficiency This Season with Simplified Commercial Lines Submissions

Insurance Journal

This post is part of a series sponsored by EZLynx. With fall in full swing, independent insurance agencies are gearing up for one of the busiest—and most festive—times of the year. Between Thanksgiving dinners, holiday planning, and the inevitable ye...

Posted: Nov 19, 2025

Tower launches parametric Rainfall Response Cover in Fiji

Reinsurance News

Auckland, New Zealand–headquartered Tower Insurance has officially launched Rainfall Response Cover in Fiji, its second parametric insurance product, via CelsiusPro’s award-winning White Label Platform. The parametric product is being piloted for...

Posted: Nov 19, 2025