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1823 Partners officially launches

coverager

The firm was co-founded by Anant Bhalla, Joachim Creus and Frank Engelen.

Posted: Jul 21, 2025

Jio and Allianz to form reinsurance joint venture

coverager

The reinsurance JV between JFSL and Allianz will help insurers manage risks more effectively.

Posted: Jul 21, 2025

Great American Insurance Group partners with Breeze

coverager

The partnership aims to expand the presence of both companies in the marine cargo insurance space while leveraging Breeze’s technology.

Posted: Jul 21, 2025

Wag! pursues pre-packaged Chapter 11

coverager

Westerman joined Thimble two years ago from Pie Insurance.

Posted: Jul 21, 2025

It's Time for Bold Collaboration on AI Fraud

Insurance Thought Leadership

It's Time for Bold Collaboration on AI Fraud Claims

Posted: Jul 21, 2025

Cayman Islands Approves 21 New International Insurance Licenses During H1

Carrier Management

Cayman Islands Approves 21 New International Insurance Licenses During...

Posted: Jul 21, 2025

Marsh McLennan Reports Q2 Organic Revenue Growth of 4%, Down From Q2 2024

Carrier Management

Marsh McLennan Reports Q2 Organic Revenue Growth...

Posted: Jul 21, 2025

Munich Re, CyberCube Report Warns of Growing Systemic Cyber Risk

Carrier Management

Munich Re, CyberCube Report Warns of Growing Systemic Cyber Risk Risks associated with systemic cyber eve...

Posted: Jul 21, 2025

Man Wearing Weight-Training Chain Pulled into MRI Dies

Carrier Management

Man Wearing Weight-Training Chain Pulled into MRI Dies A man who was pulled into an MRI machine in New York after he walked into the room wearing a large weight-training chain around his neck has died, according to police and his wife, who told a loc...

Posted: Jul 21, 2025

Why Progressive’s Customer Scores Lag State Farm, GEICO: J.D. Power

Carrier Management

Why Progressive’s Customer Scores Lag State Farm, GEICO: J...

Posted: Jul 21, 2025

U.S. Stablecoin Law Signed as Crypto Industry Eyes Mainstream Adoption

Carrier Management

U.S. Stablecoin Law Signed as Crypto Industry Eyes Mainstream Adoption U.S. President...

Posted: Jul 21, 2025

Uber Alleges Inflated Injury Bills in Los Angeles Insurance Fraud Lawsuit

Insurance Journal

Uber Technologies Inc. is suing a group of lawyers and medical providers in Los Angeles who it says have made fraudulent insurance claims that cost the company millions in legal fees — the third such lawsuit it’s filed this year. …

Posted: Jul 21, 2025

What’s in the EU’s 18th Sanctions Package Against Russia?

Insurance Journal

Here are the details of the European Union’s 18th package of sanctions against Russia over its war in Ukraine, approved on Friday and aimed at dealing further blows to Russia’s oil and energy industry. OIL PRICE CAP Central to the …

Posted: Jul 21, 2025

Iowa Public Adjuster Charged With Forgery and Identity Theft

Insurance Journal

A Bettendorf, Iowa insurance public adjuster has been charged with forgery and identity theft, the Iowa Insurance Division (IID) announced. Dennis Flaherty, age 74, of Moline, Illinois, was charged with one count of Forgery (Class D felony) and three...

Posted: Jul 21, 2025

Agile marks strong first year of Syndicate 2427

Reinsurance News

Agile Underwriting Services celebrates a successful one year of Syndicate 2427, launched under Lloyd’s ‘syndicate-in-a-box’ framework, with strong performance and momentum. Since commencing underwriting in May 2024, Syndicate 2427 has demonstrated...

Posted: Jul 21, 2025

AM Best Revises Outlook to Negative for Wisconsin’s Society

Insurance Journal

AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Society Insurance, a mutual company based in Fond du Lac,...

Posted: Jul 21, 2025

Missing Persons Count From Texas Floods Down to 3

Insurance Journal

More than two weeks after catastrophic July Fourth floods along the Guadalupe River in Kerr County, authorities reported Saturday that nearly all of the people who had remained on the list of missing persons have been verified as safe. As …

Posted: Jul 21, 2025

Car Strikes Crowd Outside Los Angeles Venue, Injuring 30

Insurance Journal

A vehicle rammed into a crowd of people waiting to enter a performance venue along a busy boulevard in Los Angeles early Saturday, injuring 30 people and leading bystanders to attack the driver, authorities said. The driver was later found …

Posted: Jul 21, 2025

Hackers Exploit Microsoft SharePoint as Firm Works to Patch

Insurance Journal

Microsoft Corp. warned that hackers are actively targeting customers of its document management software SharePoint, with security researchers flagging the risk of potentially widespread breaches around the world. Vulnerabilities in the software have...

Posted: Jul 21, 2025

Renewal Rates in Q2 Tell of ‘Slowly Softening’ Commercial Lines Market, Says Ivans

Insurance Journal

Premium renewal rates increased year-over-year for all major commercial lines, except workers’ compensation, according to second quarter 2025 results of the Ivans Index. The Chicago-based technology provider for insurance carriers, agents, and...

Posted: Jul 21, 2025

Munich Re posts €2.1bn Q2’25 net profit amid ‘very low’ major-loss costs in P&C reinsurance

Reinsurance News

Global reinsurer Munich Re has reported a preliminary net profit of €2.1 billion for the second quarter of 2025 and a net result of approximately €3.2 billion for the first half of 2025, as the firm benefited from “very low” major loss...

Posted: Jul 21, 2025

US Property & Casualty Insurance Outlook: Steady Profits Despite Cooling Growth

Risk & Insurance

Industry forecasts stable 10% return on equity through 2026 as premium growth moderates and competition intensifies, Swiss Re reports. The post

Posted: Jul 21, 2025

People Moves: HDI Global Canada Appoints Reedie as Head of Engineering and Construction; QBE Promote...

Insurance Journal

This edition of International People Moves details appointments at HDI Global Canada and QBE Europe. A summary of these new hires follows here. HDI Global Canada Appoints Reedie as Head of Engineering and Construction Derek Reedie has been appointed...

Posted: Jul 21, 2025

People Moves: Triple-I’s Porfilio New Head of Personal, Commercial Development at WTW’s ICT; Aspen N...

Insurance Journal

WTW appointed Dale Porfilio as senior director and head of personal and commercial lines business development in its insurance consulting & technology (ICT) business. Based in Chicago, Porfilio will be responsible for driving growth, market share...

Posted: Jul 21, 2025

Differentiated asset management firm 1823 Partners launches led by Anant Bhalla

Reinsurance News

1823 Partners (US) LLC, a differentiated asset management firm focused on insurance-first investment strategies, has launched with a multi-billion-dollar asset mandate from JAB Insurance. Co-founded by Anant Bhalla, Joachim Creus, and Frank Engele...

Posted: Jul 21, 2025

Trump’s Auto Safety Pick Promises Rapid Self-Driving Deployment

Insurance Journal

President Donald Trump’s choice to lead the nation’s top car safety regulator pledged to prioritize safety while at the same time making it easier for automakers to deploy-self driving cars. Jonathan Morrison, who was nominated by Trump o...

Posted: Jul 21, 2025

Credit Insurer Atradius Gets In-Principle Approval to Launch Lloyd’s Syndicate

Insurance Journal

Atradius, the Amsterdam-based global credit insurer, announced that Lloyd’s on July 15 granted “in principle” approval for a new syndicate, due to launch on Jan. 1, 2026. Atradius Syndicate 1864 will focus on trade credit risks, ini...

Posted: Jul 21, 2025

S&P assigns ‘A’ ratings with stable outlook to Fidelidade and Fidelidade RE

Reinsurance News

S&P Global Ratings, a credit rating agency, has initiated coverage of Fidelidade – Companhia de Seguros, S.A., and its reinsurance subsidiary, Fidelidade RE – Companhia de Resseguros, S.A., assigning both entities long-term Issuer Credit Ratin...

Posted: Jul 21, 2025

Police: Florida Man Firebombed Insurance Agency, Is Linked to Competing Agency

Insurance Journal

A central Florida man has been charged with shooting at and throwing Molotov cocktails into an insurance agency office in Lake Wales last spring. Lake Wales Police said Jason Roberts was tracked down last week in Jasper, Georgia, after surveillance &...

Posted: Jul 21, 2025

Dr. Maxim Baer appointed Managing Director of Tysers Belgium

Reinsurance News

Tysers, an independent Lloyd’s broker and member of the Australian AUB Group, has appointed Dr. Maxim Baer as Managing Director (MD) of Tysers Belgium, based in Brussels. The appointment aligns with AUB’s ambitious European expansion plans, levera...

Posted: Jul 21, 2025

Flood Re’s Reinsurance Costs Surge on UK Claims Frequency and Severity

Insurance Journal

Flood Re, a joint initiative between the UK government and insurers designed to make flood cover more affordable for homeowners, has reported a precipitous increase in reinsurance rates and claims costs. “The global cost of reinsurance is incre...

Posted: Jul 21, 2025

Orion180 Offering Flexible Home and Flood Insurance in Coastal Massachusetts

Insurance Journal

Orion180 Insurance, a provider of homeowners and flood insurance coverages, has launched its FLEX Home Insurance product in nine eastern counties of Massachusetts. FLEX provides customizable coverage, allowing homeowners to adjust coverages and deduc...

Posted: Jul 21, 2025

Fitch highlights strong growth in North American life reinsurance in 2024

Reinsurance News

According to Fitch Ratings, a credit rating agency, North American life reinsurance experienced significant growth in 2024, driven by expanding partnerships between insurers and alternative investment managers, increased reliance on offshore reins...

Posted: Jul 21, 2025

Transgender Woman Sues Princeton for ‘Humiliating’ Removal From Track Meet

Insurance Journal

A transgender woman has sued Princeton University claiming she was illegally removed shortly before her race in a school-hosted track meet in May due to her gender identity. An attorney for Sadie Schreiner filed the complaint in New Jersey Superior &...

Posted: Jul 21, 2025

Palmer & Grainger to lead Willis’ newly launched Residential Real Estate team

Reinsurance News

Willis, a WTW business, is expanding the capabilities of its Real Estate division with the launch of a dedicated Residential Real Estate Team. Led by Naomi Palmer, Divisional Director, Real Estate Practice and Shaun Grainger, Residential Developme...

Posted: Jul 21, 2025

‘Simply Fake’: The Dossier That Warned Credit Suisse About Gupta

Insurance Journal

The report that landed on the desks of Credit Suisse executives was a bombshell: Sanjeev Gupta, a global steel tycoon and one of the bank’s key borrowers, was a “clear participant” in a multi-billion dollar fraud, it claimed. It was...

Posted: Jul 21, 2025

The Dossier That Warned Credit Suisse About Sanjeev Gupta

Insurance Journal

The report that landed on the desks of Credit Suisse executives was a bombshell: Sanjeev Gupta, a global steel tycoon and one of the bank’s key borrowers, was a “clear participant” in a multi-billion dollar fraud, it claimed. It was...

Posted: Jul 21, 2025

Family of Man Crushed by Bulldozer at Atlanta Homeless Camp Sues the City

Insurance Journal

ATLANTA (AP) — The family of a homeless man who died after a bulldozer crushed his tent during an encampment sweep sued the city of Atlanta on Friday over his death, calling it “tragic and preventable.” The lawsuit filed by …

Posted: Jul 21, 2025

Atradius Syndicate 1864 secures approval from Lloyd’s

Reinsurance News

New Atradius Syndicate 1864 is to start underwriting on January 1st, 2025, following Lloyd’s ‘in principle’ approval. The syndicate will focus on trade credit risks, initially targeting new and existing European clients in the financial industry s...

Posted: Jul 21, 2025

Owner of Tenn. Factory Where Workers Drowned in Helene Won’t Face Charges

Insurance Journal

NASHVILLE, Tenn. (AP) — The owner of a factory where six workers died last year in flooding from Hurricane Helene won’t face charges after a Tennessee Bureau of Investigation found no criminal wrongdoing. First Judicial District Attorney Genera...

Posted: Jul 21, 2025

Gallagher expands in Türkiye with a new general aviation team

Reinsurance News

Insurance and reinsurance brokering group Gallagher has launched a new general aviation specialism in Türkiye, expanding its aerospace practice. The new unit team is led jointly by Can Giray and Görkem Rahmioğlu, who bring local knowledge and will...

Posted: Jul 21, 2025

Gallagher expands in Türkiye with new general aviation team

Reinsurance News

Insurance and reinsurance broking group Gallagher has launched a new general aviation specialism in Türkiye, expanding its aerospace practice. The new unit team is led jointly by Can Giray and Görkem Rahmioğlu, who bring local knowledge and will p...

Posted: Jul 21, 2025

Insurtech financing in LatAm up 370% to $121m in H1’25

Reinsurance News

Insurtech financing in Latin America reached $121 million in the first half of 2025, marking a 370% increase compared to the same period last year, according to a report by Digital Insurance LATAM, sponsored by MAPFRE. This figure also surpasses t...

Posted: Jul 21, 2025