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San Diego Approves $6M Settlement With Insurers for Flood Damage

Insurance Journal

The city of San Diego is paying $6 million to a group of insurers to compensate them for paying claims from floods in January 2024 floods. The city council granted final approval Tuesday to the settlement, part of a longer …

Posted: Feb 26, 2026

Cleaning Up Potomac River Sewer Spill Could Take Months

Insurance Journal

After a massive sewage spill in the Potomac River outside Washington, DC attracted the ire of President Donald Trump, federal officials are taking on a larger role in the disaster response — a job that could last months. The spill …

Posted: Feb 26, 2026

Judge Dismisses Ex-Commissioner’s Lawsuit Alleging ‘Systemic Corruption’ in NYPD

Insurance Journal

A federal judge has dismissed a lawsuit filed by New York City’s former interim police commissioner that accused the previous mayor, Eric Adams, and his top deputies of operating the New York Police Department (NYPD) as a “criminal enterp...

Posted: Feb 26, 2026

People Moves: Delos Insurance Promotes, Hires Leadership Team Members

Insurance Journal

Delos Insurance Solutions made several promotions and appointments within its leadership team Co-founder Shanna McIntyre will move from chief data officer to become chief strategy officer, and Andrew Notohamiprodjo was promoted from head of data to c...

Posted: Feb 26, 2026

PIC completes £60m buy-in to secure benefits for Bodycote UK Pension Scheme

Reinsurance News

Pension Insurance Corporation plc (PIC), a specialist insurer of defined benefit pension schemes, has completed a £60 million buy-in for Bodycote UK Pension Scheme, securing the benefits of all 680 Scheme members. Bodycote offers specialist therma...

Posted: Feb 26, 2026

Former California Insurance Agent Arraigned on Grand Theft And Embezzlement Charges

Insurance Journal

A former insurance agent has been charged with pocketing more than $100,000 of premiums. Andre De Gazon, 56, of Bellflower, was arraigned this week in Orange County Superior Court on multiple felony counts of grand theft and embezzlement after allege...

Posted: Feb 26, 2026

Canada’s Desjardins Scouts for Hires and Deals to Expand Wealth, Capital Markets

Insurance Journal

Quebec’s Desjardins Group wants to expand further in the rest of Canada, its top executive said, an ambition that means it needs to make deals and add staff in wealth management and capital markets. The financial co-operative is flush: it &#823...

Posted: Feb 26, 2026

Marsh Awarded Injunction Against Former Employees Now With Howden US

Insurance Journal

A federal judge this week granted Marsh its request to prohibit a group of employees who left for Howden US from using its confidential information, soliciting other former employees, and trying to acquire current and prospective Marsh clients. An op...

Posted: Feb 26, 2026

AXA XL adds AIG’s Carnazza as Head of Construction Property, Americas

Reinsurance News

AXA XL, the property, casualty and specialty risk division of AXA, has appointed Greg Carnazza as Head of Construction Property for the Americas region. In the new role, he is based in Atlanta, and reports to Jon Tellekamp, Chief Underwriting Offi...

Posted: Feb 26, 2026

AI Got Beat by Traditional Models in Forecasting NYC’s Blizzard

Carrier Management

AI Got Beat by Traditional Models in Forecasting NYC’s Blizzard Two d...

Posted: Feb 25, 2026

Openly Partners With claimtouch to Automate Valuation

IIR

The insurer integrates AI-driven technology to streamline personal property claims processing.

Posted: Feb 25, 2026

MAS Selects Duck Creek for Core Modernization

IIR

The New Zealand mutual adopts Duck Creek’s SaaS platform to support digital transformation of its general insurance business.

Posted: Feb 25, 2026

Dai-ichi to invest ¥17.4bn in Infomart

coverager

Dai-ichi Life is expected to hold about 15% of voting rights.

Posted: Feb 25, 2026

ADT acquires Origin AI for $170 million

coverager

Origin AI is an AI-based WiFi sensing technology.

Posted: Feb 25, 2026

Harper raises $47 million

coverager

Northwestern Mutual Future Ventures participated in the round.

Posted: Feb 25, 2026

Resilience: Cyber Risk Shifts From Disruption to Long-Tail Losses

Carrier Management

Resilience: Cyber Risk Shifts From Disruption to Long-Tail Losses Cyber attacks are no longer designed...

Posted: Feb 25, 2026

Commercial P/C Market Softest Since 2017, Says CIAB

Carrier Management

Commercial P/C Market Softest Since 2017, Says C...

Posted: Feb 25, 2026

Claims Automation Must Shift Priorities

Insurance Thought Leadership

Claims Automation Must Shift Priorities Claims

Posted: Feb 25, 2026

AI Patents Emerge as Competitive Weapon

Insurance Thought Leadership

AI Patents Emerge as Competitive Weapon AI & Machine Learning

Posted: Feb 25, 2026

Majority of Companies Worldwide See AI Benefits; Coverage Vague: Survey

Carrier Management

Majority of Companies Worldwide See AI Benefits; Cove...

Posted: Feb 25, 2026

NC State Workers Should Seek Comp Benefits, Not Constitutional Claims, Court Told

Insurance Journal

College workers stricken with cancer should seek remedy through the workers’ compensation system, and injured students can bring negligence lawsuits, not claims that their constitutional rights have been violated, attorneys for North Carolina S...

Posted: Feb 25, 2026

2025 Product Recalls Increase Amid Shifting US Regulatory Landscape

Risk & Insurance

The number of recalls in 2025 marks second-highest annual total in seven years, as regulatory turbulence reshapes industry risk: Sedgwick. The post

Posted: Feb 25, 2026

MSIG and IFC launch $6bn credit insurance facility to boost financing in developing nations

Reinsurance News

MSIG USA and Mitsui Sumitomo Insurance Company, Limited (MSI Japan) – collectively referred to as MSIG – have partnered with the International Finance Corporation (IFC), a member of the World Bank Group, for a new insurance-backed cred...

Posted: Feb 25, 2026

Camp Mystic Parents Sue Texas, Allege Evacuation Plan Requirement Not Enforced

Carrier Management

Camp Mystic Parents Sue Texas, Allege Evacuation Plan Requirement Not Enforced Texas health officials f...

Posted: Feb 25, 2026

U.S. Judge Rules Tesla Must Face Lawsuit Alleging Anti-American Bias in Hiring

Carrier Management

U.S. Judge Rules Tesla Must Face Lawsuit Alleging Anti-American Bias in Hiring A U.S. judge has refused t...

Posted: Feb 25, 2026

Gallagher Re appoints Kevin Ingram as VP, USA Property Fac

Reinsurance News

Global reinsurance broker Gallagher Re has announced the appointment of Kevin Ingram as Vice President – USA Property Facultative. Ingram brings more than 25 years of reinsurance industry experience, spanning reinsurance accounting, US and interna...

Posted: Feb 25, 2026

AI Lost Out to Traditional Models in Forecasting NYC’s Blizzard

Insurance Journal

Two days before New York’s biggest snowstorm in a decade began, forecasters were still unsure how much snow would fall. One traditional US model had consistently predicted a major hit, while newer artificial intelligence systems weren’t s...

Posted: Feb 25, 2026

Broker Hub says Anthropic’s Claude AI delivers 85% productivity gains

Reinsurance News

A broad enterprise rollout of Claude, the AI platform developed by Anthropic, is now underway at Hub International Limited, an insurance brokerage and financial services firm. Anthropic, an artificial intelligence research and development company,...

Posted: Feb 25, 2026

Munich Re Plans to Return €5.3 Billion to Investors

Insurance Journal

German reinsurer Munich Re announced plans to return €5.3 billion ($6.3 billion) to shareholders through a new buyback program and a higher dividend. The firm aims to repurchase as much as €2.25 billion of its stock, according to a statement …

Posted: Feb 25, 2026

Markets/Coverages: Liberty Mutual, Floodbase Partner on Parametric Flood

Insurance Journal

Floodbase and Liberty Mutual announced the launch of an instant quoting application for parametric flood insurance in the U.S., allowing wholesale and retail brokers to price parametric flood covers in minutes Designed specifically for the U.S. marke...

Posted: Feb 25, 2026

Share Your Industry Expertise on Stage at In2Risk 2026 in Las Vegas

Risk & Insurance

The 2026 In2Risk call for proposals is open to all industry professionals through March 6. The post Share Your Industry Expertise on...

Posted: Feb 25, 2026

Alabama Governor Signs Law Barring New Environmental Regulations

Insurance Journal

Alabama Gov. Kay Ivey has signed legislation Thursday that restricts the state’s ability to set new environmental regulations. The measure prohibits state agencies from setting restrictions on pollutants and hazardous substances exceeding those...

Posted: Feb 25, 2026

Hippo sees $6m net income and improved CoR in Q4’25

Reinsurance News

Home insurance group Hippo has announced its financial results for the fourth quarter of 2025, reporting $6 million in net income, 40% gross written premium growth, and an improved combined ratio of 99%. Net income in Q4 2025 compares to a $44 mil...

Posted: Feb 25, 2026

Vistria Acquires Texas-Based MGA Lumen

Insurance Journal

Vistria, a middle market private investment firm with deep sector expertise across essential industries, announced the acquisition of Lumen, a technology-enabled Managing General Agent headquartered in Dallas, Texas. Founded in 2019, Lumen underwrite...

Posted: Feb 25, 2026

Tree-Planting in Louisiana Wetlands Aims to Rebuild Natural Barriers

Insurance Journal

Across the calm waters behind a pumping station near Lake Borgne, hundreds of saplings stand out in the mist, wrapped in white plastic cylinders. To get there and to other sites like it, organizers have ferried dozens of volunteers week …

Posted: Feb 25, 2026

Delos Insurance Solutions strengthens leadership team amid expansion plans

Reinsurance News

Delos Insurance Solutions, a property insurance managing general agent, has made a series of senior leadership changes as it prepares for its next phase of expansion. The company specialises in home insurance solutions, particularly in markets whe...

Posted: Feb 25, 2026