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IRDAI approves registration of Allianz Jio Reinsurance & Kiwi General Insurance

Reinsurance News

The Insurance Regulatory and Development Authority of India (IRDAI) has granted a Certificate of Registration to new reinsurer Allianz Jio Reinsurance Limited, and new general insurer Kiwi General Insurance Limited. The approvals were passed at th...

Posted: Mar 10, 2026

Oracle and OpenAI End Plans to Expand Flagship Data Center

Insurance Journal

Oracle Corp. and OpenAI have scrapped plans to expand a flagship artificial intelligence data center in Texas after negotiations dragged over financing and OpenAI’s changing needs. The collapsed talks created an opening for Meta Platforms Inc....

Posted: Mar 10, 2026

Iran Says Oil Blockade Will Continue Until Attacks End; Trump Threatens Heavier Strikes

Insurance Journal

Iran’s Revolutionary Guards said on Tuesday they would not let any oil be shipped from the Middle East if U.S. and Israeli attacks continue, prompting President Donald Trump to say the U.S. would hit Iran much harder if it blocked …

Posted: Mar 10, 2026

Vast Ship Clusters and Speeding Tankers Point to Hormuz Jamming

Insurance Journal

At least a dozen clusters of ships have appeared near the Strait of Hormuz, a likely sign of elevated electronic interference around the waterway that’s central to the US and Israeli war against Iran. The groups, which can number more …

Posted: Mar 10, 2026

Update: Ship Clusters and Speeding Tankers Point to Hormuz Jamming

Insurance Journal

At least a dozen clusters of ships have appeared near the Strait of Hormuz, a likely sign of elevated electronic interference around the waterway that’s central to the US and Israeli war against Iran. The groups, which can number more …

Posted: Mar 10, 2026

Ship Clusters and Speeding Tankers Point to Hormuz Jamming

Insurance Journal

At least a dozen clusters of ships have appeared near the Strait of Hormuz, a likely sign of elevated electronic interference around the waterway that’s central to the US and Israeli war against Iran. The groups, which can number more …

Posted: Mar 10, 2026

EDME Insurance Brokers appoints Vinod Krishnan as Global CEO, Treaty Reinsurance

Reinsurance News

EDME Insurance Brokers, one of India’s largest insurance and reinsurance broking firms, has appointed Vinod Krishnan as Global Chief Executive Officer (CEO) of Treaty Reinsurance. In his new role, Krishnan will lead and scale the broker’s global t...

Posted: Mar 10, 2026

Louisiana Regulation Sets Mandatory Discounts for Fortified Homes

Insurance Journal

A new regulation requires Louisiana insurers to provide premium discounts to residential properties that obtain a Fortified designation in accordance with standards put forth by the Insurance Institute for Business and Home Safety (IBHS). Fortified h...

Posted: Mar 10, 2026

7th Circuit: Church Not Owed Replacement-Cost Payment for Fire Damage

Insurance Journal

An Indiana church that sought payment at replacement-cost level for fire damage to its property learned the hard way that procrastination can carry a price tag when it comes to settling insurance contracts. A federal appeals court ruled last week &#8...

Posted: Mar 10, 2026

Indiana Church Not Owed Replacement-Cost Payment for Fire Damage

Insurance Journal

An Indiana church seeking payment at replacement-cost level for fire damage to its property learned the hard way that procrastination can carry a price tag. A federal appeals court ruled last week that Church Mutual does not owe replacement-level cov...

Posted: Mar 10, 2026

Man Receives 7 Years in Prison for Setting Fire Due to Anger Over TikTok Ban

Insurance Journal

A Wisconsin man who allegedly told police he tried to set fire to a Republican congressman’s office last year because he was angry that the lawmaker backed a bill requiring TikTok’s Chinese owner to sell off its U.S. operations was &#8230...

Posted: Mar 10, 2026

SPG expands speciality property insurance platform with Proper Insurance acquisition

Reinsurance News

Specialty Program Group (SPG), an operator of specialty insurance distribution, underwriting, and consulting businesses, announced the acquisition of Proper Insurance, a provider of insurance coverage designed specifically for short-term rental pr...

Posted: Mar 10, 2026

Price Forbes names Raimundo del Río as Chilean CEO

Reinsurance News

Global specialty broker Price Forbes has appointed Raimundo del Río as its new Chief Executive Officer (CEO) for Chile. In his new role, he will lead the Chilean operation together with the existing local team, building on the strong foundations a...

Posted: Mar 10, 2026

Carriers Using AI for Claims But Adoption is Fragmented, Report Shows

Insurance Journal

Excitement about adopting artificial intelligence technology is palpable in the insurance industry, but the reality is that while most carriers use artificial intelligence technology, few use AI at more than a small scale— and the vast majority of ad...

Posted: Mar 10, 2026

Carriers Using AI for Claims but Adoption Is Fragmented, Report Shows

Insurance Journal

Excitement about adopting artificial intelligence technology is palpable in the insurance industry, but the reality is that while most carriers use artificial intelligence technology, few use AI at more than a small scale— and the vast majority of ad...

Posted: Mar 10, 2026

Insurify’s Founders Discuss Evolution of Insurance Shopping With AI

Insurance Journal

To coincide its 10-year anniversary, Insurify launched what it called the first ever insurance app on OpenAI’s directory, which caused the stocks of brokers to take a hit due to disruption fears. Well, that’s not exactly true. While Insui...

Posted: Mar 10, 2026

Anthropic Sues to Block Pentagon Blacklisting Over AI Use Restrictions

Insurance Journal

Anthropic on March 9 filed a lawsuit to block the Pentagon from placing it on a national security blacklist, escalating the artificial intelligence lab’s high-stakes battle with the U.S. military over usage restrictions on its technology. Anthr...

Posted: Mar 10, 2026

Florida House Gives Final Approval to Much-Debated Citizens Clearinghouse Bill

Insurance Journal

The Florida House of Representatives Monday night gave final approval to a Senate bill that will set up a clearinghouse to help offload Citizens Property Insurance commercial policies to admitted and surplus carriers—despite lingering opposition from...

Posted: Mar 10, 2026

For Survivors, Rhode Island Clergy Abuse Report Brings Vindication and Renewed Demands

Insurance Journal

The sound of the school nurse’s office door opening. Light reflecting off a stained-glass window. Tearful outbursts and fear of getting on the school bus. For many survivors of clergy abuse, memories like these linger for decades. A report rele...

Posted: Mar 10, 2026

For Survivors, Rhode Island Clergy Abuse Report Brings Vindication and Demands

Insurance Journal

The sound of the school nurse’s office door opening. Light reflecting off a stained-glass window. Tearful outbursts and fear of getting on the school bus. For many survivors of clergy abuse, memories like these linger for decades. A report rele...

Posted: Mar 10, 2026

Amazon’s Zoox to Launch Command Hub in Arizona, Expand Testing

Insurance Journal

Amazon’s robotaxi unit Zoox is expanding testing to Dallas and Phoenix and launching a command hub for fleet operations in Arizona, as it looks to widen its footprint in the U.S.’s increasingly competitive autonomous taxi market. The move...

Posted: Mar 10, 2026

Arthur J. Gallagher Acquires S Philips Surety & Insurance Services in California

Insurance Journal

Risk Placement Services Inc. acquired Agoura Hills, California-based S Philips Surety & Insurance Services Inc. The S Philips team will remain in its current location under the direction of Jeremy Crawford, head of RPS’s surety bond operati...

Posted: Mar 10, 2026

Jarring Alarms Out as New Firehouse Dispatch Systems Aim to Ease Stress

Insurance Journal

Until recently, a call coming into the Danbury Fire Department meant alarms and tones immediately blasting at high volume — startling the firefighters before they headed out to scenes that could get their hearts pumping even faster. Capt. Kevin Lunni...

Posted: Mar 10, 2026

State Farm’s California Homeowners Rate Request: It’s Settled— Almost

Carrier Management

State Farm’s California Homeowners Rate Request: It...

Posted: Mar 09, 2026

Manulife Selects Akka for Enterprise AI Platform

IIR

The insurer says the initiative supports its transition to an AI-powered organization and expansion of enterprise AI capabilities.

Posted: Mar 09, 2026

AEU Executive Mike Adams Joins Shipbuilders Council Committee

IIR

Adams has been appointed to the industry group’s partners advisory body.

Posted: Mar 09, 2026

Acuity Completes CEO Succession, Names Executives

IIR

Melissa Winter has assumed the CEO role as the insurer expands its leadership team.

Posted: Mar 09, 2026

Country-Wide Selects Duck Creek Clarity Platform

IIR

The insurer will deploy the analytics platform as part of its broader system modernization.

Posted: Mar 09, 2026

Traditional Insurers Can Still Win AI Race

Insurance Thought Leadership

Traditional Insurers Can Still Win AI Race AI & Machine Learning

Posted: Mar 09, 2026

Acrisure London Wholesale enters construction market with Tom Hester hire

coverager

The company launched a specialist team led by Tom Hester.

Posted: Mar 09, 2026

CFC expands Tech and Media insurance in Australia

coverager

To support the expansion, CFC appointed Stella Gilson as National Manager – Tech and Media.

Posted: Mar 09, 2026