All Posts

Chemical Board Investigators Digging Into Fatal Tennessee Explosives Plant Blast

Insurance Journal

The U.S. Chemical Safety and Hazard Investigation Board is deploying investigators to Tennessee this week, now that federal ATF teams have completed much of their work at a military explosives plant that blew up Oct. 10 and killed 16 people. …

Posted: Oct 28, 2025

AM Specialty Insurance promotes Dominick Tassone Jr. to CEO of ASIC US

Reinsurance News

AM Specialty Insurance Company (ASIC), an Excess and Surplus (E&S) insurance firm and an accredited reinsurer, has promoted Dominick Tassone Jr. to Chief Executive Officer (CEO) of AM Specialty Insurance Company (ASIC US), effective January 1s...

Posted: Oct 28, 2025

Brown & Brown revenue rises 35.4% to $1.6bn in Q3’25

Reinsurance News

Brown & Brown, Inc., an insurance brokerage and risk management firm, reported total revenue of $1.6 billion under US GAAP for the third quarter of 2025, representing a 35.4% increase compared to the same period a year earlier. For the quarter...

Posted: Oct 28, 2025

Federal Judge Decertifies Apple App Store Class Action

Insurance Journal

A federal judge decertified on Monday a class action by tens of millions of Apple customers who accused the company of monopolizing the market for iPhone apps by banning purchases outside its App Store, leading to higher prices. U.S. District …

Posted: Oct 28, 2025

PRMA Conference Notebook: Aon’s Jason Ott

Risk & Insurance

Aon's Jason Ott shares his perspective on climate change, cyber risks and other challenges in insuring his high net worth clients. The post PRMA Conference Note...

Posted: Oct 28, 2025

Brown & Brown Reports Strong Q3 Revenue Growth of 35.4%

Insurance Journal

Insurance broker Brown & Brown reported revenues of $1.6 billion during the third quarter – an increase of $420 million or 35.4% from Q3 2024. Commissions and fees rose by 34.2% with organic revenue increasing by 3.5%, a dip from …

Posted: Oct 28, 2025

7 Questions for Matt Scott of The Hartford

Risk & Insurance

Matt Scott of The Hartford reflects on how innovation, technology, and customer partnership are redefining the future of risk services. The post 7 Questions...

Posted: Oct 28, 2025

Sutton joins KatRisk as General Manager to help accelerate cat risk platform evolution

Reinsurance News

Catastrophic risk modelling software provider KatRisk has announced Martyn Sutton, formerly of reinsurance giant Swiss Re, has joined its leadership team as General Manager. Sutton brings over thirty years of leadership experience in insurance and...

Posted: Oct 28, 2025

AWS Outage Loss Estimates Range from $38M to $581M as Cyber Insurers Face Moderate Impact

Risk & Insurance

CyberCube analysis shows 'Amazonk' event affected 70,000 organizations but remains within insurance industry expectations. The post

Posted: Oct 28, 2025

The Hartford Q3 Net Income Up 41%

Insurance Journal

Net income at The Hartford increased 41% to about $1.1 billion in the third quarter 2025. Q2 property/casualty written premiums increased 7% compared to Q3 2024, led by growth of 9% in the business insurance segment. Helped by lower catastrophe &#823...

Posted: Oct 28, 2025

Security First the Latest in Florida to Announce Home Insurance Rate Cut

Insurance Journal

Security First Insurance, ranked the 15th largest property insurer in Florida earlier this year, announced it has filed for an 8% average statewide rate decrease for thousands of homeowners policies, making it the latest carrier to follow through on...

Posted: Oct 28, 2025

Rewriting the rules of auto insurance with Robert Smithson

coverager

We recently sat down with Robert to talk about his journey from Cambridge to California, the thinking behind Just Insure's tech-first strategy, and his vision for making auto insurance both fairer and more profitable.

Posted: Oct 28, 2025

PenSam Partners with Allianz Global Investors

coverager

The three-year mandate aims to advance PenSam’s geographic diversification and sustainability goals through co-investments alongside AllianzGI.

Posted: Oct 28, 2025

Why Delegation of Authority Is the Missing Link in Enterprise Governance and Risk Management

coverager

Legacy Delegation of Authority frameworks are breaking under the pressure of global scale, regulatory complexity, and real-time decision making.

Posted: Oct 28, 2025

When Claims Get Connected: How Agentech and Verisk Are Redefining Intelligent Automation

coverager

Carriers have invested billions in digital transformation, yet the core of claims management often remains disconnected.

Posted: Oct 28, 2025

Life360 tracks pets

coverager

Separately, in insurance, PURE offers auto policyholders a complimentary two-year Life360 Gold membership.

Posted: Oct 28, 2025

Jewelers Mutual: A hint of pink

coverager

SSRU generated approximately CAD$18 million of operating revenue for the 12 months ended September 30, 2025.

Posted: Oct 28, 2025

Everest will look to take risk in still favourable property cat market: CEO Williamson

Reinsurance News

Jim Williamson, President and Chief Executive Officer at Bermudian insurer an reinsurer, Everest, characterised the property catastrophe reinsurance market as a “still very favourable environment,” describing it as well-priced and a risk the compa...

Posted: Oct 28, 2025

The Hartford reports record Q3’25 net income of $1.1bn as cat losses fall

Reinsurance News

The Hartford has disclosed a record Q3 2025 net income available to common stockholders of $1.1 billion, up a considerable 41% from $761 million in the same period of 2024. According to the firm, the increase was primarily driven by lower Property...

Posted: Oct 28, 2025

J&J Talc Cancer Suits Rise 17% After Failed Settlement Push

Insurance Journal

Johnson & Johnson has seen a 17% jump in new lawsuits claiming its iconic baby powder causes cancer after the company’s latest attempt to force a global settlement was thrown out of bankruptcy court. J&J is facing approximately 73,570 s...

Posted: Oct 28, 2025

Virginia’s Lawsuit Against TikTok Gets Green Light to Proceed in State Court

Insurance Journal

Virginia’s lawsuit against TikTok and its China-based parent company ByteDance Ltd. will move forward in state court, despite TikTok’s efforts to have it dismissed. Richmond City Circuit Court Judge Richard B. Campbell ruled on October 24...

Posted: Oct 28, 2025

Transportation Secretary May Pull $160M From California Over Noncitizen Truck Licenses

Insurance Journal

U.S. Transportation Secretary Sean Duffy warned that he is about make good on a threat to revoke millions in federal funds for California because he says the state is illegally issuing commercial driver’s licenses to noncitizens. In an appearan...

Posted: Oct 28, 2025

UK firms adopting more structured and data-driven approach to risk oversight: Aon

Reinsurance News

Aon’s 2025 Global Risk Management Survey has found that UK businesses are outpacing their global peers in risk management and governance, with nearly eight in ten UK respondents (78.6%) reporting direct board involvement compared with 61.4%...

Posted: Oct 28, 2025

7 Questions for Spencer Educational Foundation CEO Megan Miller

Risk & Insurance

Megan Miller was promoted to the newly created role of CEO of the Spencer Educational Foundation in September. The post 7 Questions for...

Posted: Oct 28, 2025

Truck Driver in Fatal Crash Repeatedly Failed Driving Tests, Florida AG’s Office Says

Insurance Journal

A commercial truck driver who is charged with killing three people in a deadly crash in Florida in August had failed a commercial driver’s license test 10 times in the span of two months in 2023 in Washington state, before …

Posted: Oct 28, 2025

Royal London completes £16m buy-in for Premdor Crosby Pension Plan

Reinsurance News

Royal London, a mutual provider of life, pensions, and investment solutions, has finalised a £16 million bulk purchase annuity (BPA) arrangement with the Premdor Crosby Pension Plan. This transaction, which secures benefits for 181 members, is the...

Posted: Oct 28, 2025

Wright Flood’s Buy of Poulton Associates to Create Largest Flood Insurance Provider

Insurance Journal

Wright National Flood Insurance Company said its affiliate, Wright National Flood Insurance Services, an operating company of Arrowhead Programs, has entered into an agreement to acquire the assets of Poulton Associates. Poulton, one of the top provi...

Posted: Oct 28, 2025

Ignite Specialty Risk expands Executive Team and UK Underwriting function

Reinsurance News

Ignite Specialty Risk, a provider of litigation risk insurance, has made four key appointments to its Executive Team and UK Underwriting function, supporting its growth and ongoing development across the UK, Europe, and US markets. Angus Eames joi...

Posted: Oct 28, 2025

JBA Risk Management to launch India operations led by Mansi Kalra as MD

Reinsurance News

UK-domiciled flood science specialist JBA Risk Management is establishing its Indian operations by opening an office in Bangalore next month, led by Mansi Kalra as Managing Director (MD). The move is motivated by the growing demand for advanced fl...

Posted: Oct 28, 2025

Canopius names Lisa Leftwich US Regional Head of Strategy and Transformation

Reinsurance News

Canopius Group, a global specialty and P&C re/insurer, has announced the appointment of Lisa Leftwich as US Regional Head of Strategy and Transformation. In her new role, Leftwich will leverage her over 20 years of experience in corporate stra...

Posted: Oct 28, 2025

Swedish PE Firm EQT Offers to Buy Australian Insurance Broker AUB in $3.4B Deal

Insurance Journal

Australia’s AUB Group said on Tuesday it had granted Swedish private equity EQT exclusive access to its books after receiving a takeover offer which values the insurance broking company at A$5.25 billion ($3.41 billion). Under the proposal, EQT...

Posted: Oct 28, 2025

Everest’s reinsurance arm posts positive Q3’25 result but reserve strengthening dents Group performa...

Reinsurance News

Bermuda-based insurer and reinsurer, Everest Group, has reported an underwriting loss of $130 million for the Group in its third quarter 2025 results, as the strong performance of its reinsurance business was more than offset by the impacts of str...

Posted: Oct 28, 2025

Reuters: Iran, Russia and the New Zealand Insurer That Kept Sanctioned Oil Flowing

Insurance Journal

Last Christmas, the tanker Yug cruised out of the Chinese port of Qingdao after offloading 2 million barrels of sanctioned Iranian oil. Near the Arctic, a vessel carrying Russian crude churned through icy seas, bound for India. Six thousand miles &#8...

Posted: Oct 28, 2025

Pacific Life Re completes first two Japanese asset-intensive flow reinsurance deals

Reinsurance News

Life and health reinsurer Pacific Life Re has completed the first of two asset-intensive flow reinsurance transactions in Japan, marking its entry in the segment. The transactions were executed with two Japanese life insurers, representing a key m...

Posted: Oct 28, 2025

Ryan Specialty Agrees to Acquire Canadian MGU Stewart Specialty Risk Underwriting

Insurance Journal

Ryan Specialty, the Chicago-based specialty insurance firm, announced it has signed a definitive agreement to acquire Stewart Specialty Risk Underwriting Ltd. (SSRU). Terms of the deal were not disclosed. SSRU is a managing general underwriter (MGU)...

Posted: Oct 28, 2025

Ex-PIMCO Executive Plans to Launch Europe’s First ETF Based on Catastrophe Bonds

Insurance Journal

Europe may soon get its first exchange-traded fund based on catastrophe bonds. An application to register the ETF was filed in Ireland, according to Rick Pagnani, co-founder and chief executive officer of King Ridge Capital Advisors. “This is a...

Posted: Oct 28, 2025

Arch Capital’s Q3’25 underwriting income rises to $871m amid improved reinsurance result

Reinsurance News

Arch Capital Group Ltd., the Bermuda-based insurer and reinsurer, has reported a 62% year-on-year rise in underwriting income to $871 million for the third quarter of 2025, driven by a significantly stronger underwriting performance in its reinsur...

Posted: Oct 28, 2025

Everest enters $1.2bn adverse development reinsurance deal with Longtail Re

Reinsurance News

Bermuda-based insurance and reinsurance firm Everest has entered into an adverse development reinsurance agreement, effective October 1, 2025, supported by Longtail Re, an affiliate of Stone Ridge Holdings Group, with the cover composed of two lay...

Posted: Oct 28, 2025