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BrokerLink acquires three brokerages across Ontario and Alberta

coverager

BrokerLink is a subsidiary of Intact Financial Corporation.

Posted: Jun 26, 2025

Oliver Wyman to acquire Validate Health

coverager

Terms were not disclosed. The deal is expected to close in summer 2025.

Posted: Jun 26, 2025

K2 Cyber partners with Liberty Mutual

coverager

Coverage is available for both the organizations and their owners and executives.

Posted: Jun 26, 2025

Palomar partners with Neptune

coverager

Palomar’s agents will gain access to Neptune’s platform, offering a streamlined quoting and binding experience with enhanced coverage options.

Posted: Jun 26, 2025

Combined Insurance expands benefits offering with pet insurance

coverager

Combined will offer pet insurance through its Combined U.S. and Chubb Workplace Benefits operating brands.

Posted: Jun 26, 2025

CMT Expands Life-Saving Reach of CrashAssist® with Major New Deployment

coverager

CrashAssist’s real-time crash detection and emergency response now available to millions of drivers through AARP’s SafeTrip™ app Cambridge, MA — June 26, 2025 — Cambridge Mobile Telematics (CMT), the world’s largest telematics service...

Posted: Jun 26, 2025

SurSafe prepares BOP launch in Kansas

coverager

Cowbell will offer Zurich Select Plus through the E&S distribution channel.

Posted: Jun 26, 2025

USC Basketball Star Alijah Arenas Recounts Tesla Cybertruck Crash

Insurance Journal

Star college basketball recruit Alijah Arenas spoke publicly for the first time about the Tesla Cybertruck crash that left him in an induced coma, casting fresh attention on safety issues with the EV maker’s newest model. The University of Sout...

Posted: Jun 26, 2025

Insurance Brokerage M&A Activity Surges Past Last Year’s Pace

Risk & Insurance

Strong performance in May drives deal volume in first five months of year 5.4% ahead of 2024 levels: MarshBerry. The post Insurance Brokerag...

Posted: Jun 26, 2025

Judge Says California FAIR Plan Violating Law, Industry Also Fighting Consumer Group Suit

Insurance Journal

A judge ruled that the California FAIR Plan’s smoke-damage policy violates state law, while in another matter a lawsuit from a consumer group is drawing concern from insurers that it could push the California insurance market closer to collapse...

Posted: Jun 26, 2025

Judge Says California FAIR Plan Violates Law; Industry Fights Consumer Group Suit

Insurance Journal

A judge ruled that the California FAIR Plan’s smoke-damage policy violates state law, while in another matter a lawsuit from a consumer group is drawing concern from insurers that it could push the California insurance market closer to collapse...

Posted: Jun 26, 2025

S&P upgrades Convex Group entities credit ratings, assigns stable outlook

Reinsurance News

S&P Global Ratings has raised the financial strength ratings on re/insurer Convex group’s operating companies to ‘A’ from ‘A-‘, and assigned a stable outlook. The companies include: Convex Re Ltd., Convex Insuranc...

Posted: Jun 26, 2025

Marsh launches cyber insurance facility for mid-sized organisations

Reinsurance News

Marsh, an insurance broker and risk advisor within Marsh McLennan, has launched Cyber Unity, a new insurance facility for organisations with revenues up to €500 million across the European Union, as well as Israel, Norway, Serbia, and Turkey. In a...

Posted: Jun 26, 2025

A Shrinking FEMA Puts Lake Town’s Rebuilding Plans in Limbo

Insurance Journal

LAKE LURE, North Carolina, June 17 (Reuters) – When Hurricane Helene’s flood waters slammed into Lake Lure’s century-old dam last September, gouging a massive scar into one embankment and cascading five months’ worth of rain d...

Posted: Jun 26, 2025

Davies appoints James Ferris as CEO of Captive Management business

Reinsurance News

Davies, a specialist professional services and technology company, has announced the appointment of James Ferris as CEO of its Captive Management business, effective 1st July 2025. Based in Bermuda, Ferris succeeds Nick Frost, who will assume the...

Posted: Jun 26, 2025

K2 Cyber & Liberty Mutual partner on cyber insurance for small & medium-sized organisations

Reinsurance News

K2 Cyber, a K2 Insurance Services brand and the provider of Intelligent Cyber Insurance™, has entered a partnership with Liberty Mutual Insurance and its Ironshore programs group, to provide intelligent cyber insurance to small and medium-sized bu...

Posted: Jun 26, 2025

Middle East Tensions Boost Underwriting Risks Across Re/Insurers’ Portfolios: Report

Insurance Journal

Marine, aviation, cyber, and terrorism insurers face immediate underwriting pressures and potential accumulation losses as a result of heightened hostilities between Iran and Israel, according to Morningstar DBRS. In addition, the report said, reinsu...

Posted: Jun 26, 2025

Illinois Chiropractor Sentenced to 20 Months in Prison for Insurance Fraud

Insurance Journal

An Illinois chiropractor was sentenced to 20 months in prison and ordered to repay more than $2.3 million, following convictions on multiple charges related to a scheme to defraud Medicare and twelve other insurance companies, the U.S. Attorney&#8217...

Posted: Jun 26, 2025

Inszone Acquires Texas’ Osterts and Associates

Insurance Journal

Inszone Insurance Services announced its acquisition of Osterts and Associates, LLC, a insurance agency based in Plano, Texas. This acquisition grows Inszone’s capabilities and further expands its presence in Texas, allowing the company to furt...

Posted: Jun 26, 2025

Oliver Wyman to acquire Validate Health, expanding healthcare analytics capabilities

Reinsurance News

Oliver Wyman, a management consulting firm and part of Marsh McLennan, has announced an agreement to acquire Validate Health, a healthcare analytics company that supports healthcare providers and Accountable Care Organisations (ACOs) in improving...

Posted: Jun 26, 2025

Viewpoint: Cyber Is a Product for Everyone, so Let’s Start Acting Like it

Insurance Journal

If this latest wave of retail cyberattacks proves anything, it’s that any business in any sector and of any size can find itself breached. These aren’t fringe incidents anymore; they’re national news, hitting high-street brands and...

Posted: Jun 26, 2025

Cowbell partners with Zurich to expand insurance offerings for US SMEs

Reinsurance News

Cowbell, a cyber insurance provider focused on small and medium-sized enterprises (SMEs), has expanded its product lineup in the US by launching Zurich Select Plus, a co-branded insurance offering developed in partnership with Zurich North America...

Posted: Jun 26, 2025

Markets/Coverages: Descartes Expands US Parametric Flood Cover for Businesses; EverPeak Takes Worker...

Insurance Journal

Parametric insurance company Descartes Underwriting has a new flood insurance product it said delivers better protection for US businesses, investors, and homeowners associations. Any type of business and industry class may be covered. Limits of up t...

Posted: Jun 26, 2025

Texas THC Industry Welcomes More Regulations With Ban Off the Table

Insurance Journal

With a ban off the table for now, Texas hemp industry leaders said they are amenable to state lawmakers imposing more regulations on their THC products, such as age restrictions on purchases and more testing of their products, but caution …

Posted: Jun 26, 2025

Telemarketing Firm to Pay $85K Over Discrimination at Ohio Location

Insurance Journal

DialAmerica Marketing, LLC, a provider of telemarketing and call-center services for third-party clients, will pay $85,000 to settle a lawsuit brought by the U.S. Equal Employment Opportunity Commission (EEOC) charging race and sex discrimination and...

Posted: Jun 26, 2025

SpaceX Polluted Border Area, Mexican President Sheinbaum Says

Insurance Journal

SpaceX’s Starship rocket launches in Texas have polluted an area across the border with debris, Mexican President Claudia Sheinbaum said. The president will meet with her cabinet soon on the “security and environmental impacts” of t...

Posted: Jun 26, 2025

Citizens CEO hails ‘tremendous’ impact of reforms on Florida’s property insurance market

Reinsurance News

Tim Cerio, President, CEO, and Executive Director of Citizens Property Insurance Corporation, has suggested that Florida’s property insurance market is strong and well on the path to recovery, largely due to legislative reforms enacted in 2022. Ac...

Posted: Jun 26, 2025

Michigan Suit Alleges Teacher Humiliated Student for Refusing Pledge of Allegiance

Insurance Journal

The American Civil Liberties Union filed a lawsuit Wednesday on behalf of a 14-year-old student who said a teacher humiliated her for refusing to stand for the Pledge of Allegiance in protest of U.S. support of Israel’s war in Gaza. …

Posted: Jun 26, 2025

Corebridge & Venerable enter $2.8bn variable annuity transaction

Reinsurance News

Corebridge Financial has entered into an agreement with CS Life Re, a subsidiary of Venerable Holdings, to reinsure all the variable annuities of its Individual Retirement business. Explained, Venerable is set to reinsure approximately $51 billion...

Posted: Jun 26, 2025

France Orders Extra 800,000 Cars off Road Over Takata Airbag Scandal

Insurance Journal

France is ordering an extra 800,000 cars with Takata airbags to be taken off the road, two weeks after a woman died in the northeastern town of Reims from injuries related to a faulty airbag. The move is the latest …

Posted: Jun 26, 2025

Pennsylvania Senior Citizens Warned of Financial Scam

Insurance Journal

State officials in Pennsylvania are warning consumers after a scam was reported involving someone posing as a Commonwealth employee. The reported scam uses a fake email to target older citizens and request money through licensed financial institution...

Posted: Jun 26, 2025

Meta Fends Off Authors’ Copyright Lawsuit Over AI

Insurance Journal

A federal judge ruled on Wednesday for Meta Platforms against a group of authors who had argued that its use of their books without permission to train its artificial intelligence system infringed their copyrights. U.S. District Judge Vince Chhabria,...

Posted: Jun 26, 2025

Descartes expands US Flood offer with new parametric product

Reinsurance News

Descartes Underwriting, a specialist in corporate parametric insurance solutions for climate and emerging risks, has launched a new fully customisable Flood-at-Location parametric flood insurance product for US commercial customers. Backed by exte...

Posted: Jun 26, 2025

Visa Defeats New York Man’s Proposed Class Action Over Gift Card Scam

Insurance Journal

Visa defeated a proposed class action lawsuit on Monday by consumers who accused the world’s largest card payments network of failing to warn that its prepaid “Vanilla” gift cards were susceptible to being drained by thieves. U.S. D...

Posted: Jun 26, 2025

Robert Kennedy to succeed Carl Shuker as CEO, Howden UK & Ireland

Reinsurance News

Howden, the global insurance and reinsurance broking group, has announced the appointment of Robert Kennedy as CEO of Howden UK & Ireland, effective 1st October 2025. In this role, Kennedy will report to David Howden, CEO of Howden. Kennedy jo...

Posted: Jun 26, 2025

People Moves: Covéa Group Names Petit CEO as Derez Becomes Chairman; Howden UK & Ireland Appoints Ke...

Insurance Journal

The Board of Directors of Covéa Group, the French mutual insurer, has appointed Maud Petit as chief executive officer, while Thierry Derez has been named chair of the Board of Directors. Derez succeeds Michel Gougnard who has been named vice …

Posted: Jun 26, 2025

Global executives overestimate their cyber resilience: Beazley

Reinsurance News

While more global executives cite cyber risk as their greatest threat this year compared to 2024, 83% say they feel prepared to counter it—up from 74% last year—potentially indicating a false sense of security, as many organisations still lack the...

Posted: Jun 26, 2025

AM Best revises Florida Family’s credit ratings outlook to positive

Reinsurance News

AM Best has revised the Long-Term Issuer Credit Rating (Long-Term ICR) outlook of Florida Family Insurance Company and its subsidiary, Florida Family Home Insurance Company, to positive from stable, and affirmed the Financial Strength Rating of B+...

Posted: Jun 26, 2025

Wegener succeeds Wölbern as Head of Investment Management at HDI Global SE

Reinsurance News

Commercial and specialty lines insurer HDI Global SE has announced the appointment of Dr Christian Wegener as Head of Investment Management. Wegener is succeeding Thorsten Wölbern, who is moving to new challenges within the company after 15 years...

Posted: Jun 26, 2025

MS Amlin appoints Gisela Nilsson as Political Violence Senior Underwriter

Reinsurance News

Lloyd’s global insurer and reinsurer MS Amlin has announced the appointment of Gisela Nilsson as Political Violence Senior Underwriter. Nilsson brings over 15 years of specialist underwriting experience. She joins from Talbot Underwriting, w...

Posted: Jun 26, 2025

PIC secures £900m in buy-in transactions for Three Baker Hughes pension schemes

Reinsurance News

Pension Insurance Corporation plc (“PIC”), a provider of insurance solutions for defined benefit pension schemes, has arranged buy-in transactions with three pension plans associated with Baker Hughes (“the Company”): the Baker Hughes (UK) Pension...

Posted: Jun 26, 2025

Insurance Europe calls for streamlining EU cybersecurity regulations

Reinsurance News

Insurance Europe, the organisation representing the European insurance and reinsurance sector, is welcoming the European Commission’s review of the Cybersecurity Act (CSA), a move aimed at simplifying regulations and easing the administrative burd...

Posted: Jun 26, 2025

EU Revamps Regulations for Expanding Space Market

Insurance Journal

The European Commission on Wednesday put forward the EU Space Act, a long-awaited overhaul of regulations affecting its fast-growing space industry. The legislation aims to create a single market for firms offering space services in the bloc while bo...

Posted: Jun 26, 2025

Cyberattack on UK Health Firm Contributed to Patient Death

Insurance Journal

A cyberattack that caused disruption at hospitals in London last year contributed to the death of a patient, health officials have confirmed for the first time. The incident occurred after a Russian hacking gang in June 2024 targeted Synnovis, a &#82...

Posted: Jun 26, 2025

France’s insurance sector expected to maintain profitability and growth in 2025: S&P

Reinsurance News

According to a report released by S&P Global Ratings, a provider of credit ratings, the French insurance industry is well positioned to sustain both profitability and moderate growth over the coming years. Despite economic headwinds and rising...

Posted: Jun 26, 2025