All Posts

Munich Re Unit to Cut 1,000 Positions as AI Takes Over Jobs

Insurance Journal

Munich Re’s primary insurance unit ERGO aims to cut about 1,000 positions in Germany, partly as a result of its increased use of artificial intelligence. The cuts affect simple and repetitive tasks in telephony and claims processing, a spokesma...

Posted: Feb 18, 2026

Suncorp maintains strong capital position despite higher H1’26 natural hazard costs

Reinsurance News

Despite natural hazard costs rising sharply to AU$1.319 billion in H1 2026, from AU$503 million a year earlier, Suncorp said its underlying business “remains resilient”, and its capital position continues to be strong. “While Suncorp’s H126 report...

Posted: Feb 18, 2026

QBE names Santa-Cruz as Europe Technical & Business Performance Manager

Reinsurance News

Global insurer QBE has appointed Jesús Prieto Santa-Cruz as the Europe Technical & Business Performance Manager. In his new role, Santa-Cruz will focus on strengthening the insurer’s portfolio management capability across Europe and work close...

Posted: Feb 18, 2026

Can AI Tell Us How Much to Pay for Art?

Insurance Journal

Stephen Smith, 56, a UK-based art collector, has bought prints through MyArtBroker, a sales and management platform for secondary-market prints and editions, since 2024, when he purchased Echo by British abstract artist Bridget Riley for £7,500 ($10,...

Posted: Feb 18, 2026

Pinion Insurance launches with up to $180m backing from Barings

Reinsurance News

Pinion Insurance, a newly formed specialty insurance carrier incorporated in Bermuda and headquartered in London, has officially launched with a preferred equity commitment of up to $180 million from global asset manager, Barings. The new insurer...

Posted: Feb 18, 2026

Talanx acquires remaining shares in Polish subsidiaries from Meiji Yasuda

Reinsurance News

Following the mutually agreed-upon expiration of their strategic partnership on December 31, 2025, Talanx AG, a major German-based multinational insurance and reinsurance group, has acquired the shares held by Meiji Yasuda Life Insurance Company i...

Posted: Feb 18, 2026

Adverse weather drives UK property insurance payouts to record £6.1bn in 2025: ABI

Reinsurance News

Property insurance payouts in the UK reached £6.1 billion in 2025, the highest annual total on record, according to recent data by the the Association of British Insurers (ABI), with total claims increasing by £400 million, or 7% year-on-year. Pay...

Posted: Feb 18, 2026

Viewpoint: How P/C Carriers Can Win the Next Decade With Tech + Talent

Insurance Journal

When I reflect on the state of the Property & Casualty business today, two forces are reshaping the industry faster than any cycle I’ve seen in my career. Increasingly complex risks are driving demand for specialized protection solutions an...

Posted: Feb 18, 2026

France Fines Russia-Linked Oil Tanker in Shadow Fleet Crackdown

Insurance Journal

France will release a tanker after hitting it with a multimillion-euro fine for flouting European sanctions on Russian oil, following its seizure in the Mediterranean Sea last month. The Grinch will leave French waters after “paying several mil...

Posted: Feb 18, 2026

Asbestos Lawsuits Prompt Vanderbilt Minerals to File Bankruptcy

Insurance Journal

Vanderbilt Minerals, which mines materials used in industrial products, filed for bankruptcy after its cash flow was overwhelmed by an increase in lawsuits that accuse the company of once selling items contaminated by asbestos. The firm, which denies...

Posted: Feb 18, 2026

EU Ill-Prepared for Worsening Climate Change, Advisers Say

Insurance Journal

The European Union is not prepared for worsening climate change and should urgently step up its investments to protect people and infrastructure from mounting floods, wildfires and severe heatwaves, its independent advisers said on Tuesday. Climate c...

Posted: Feb 18, 2026

CFC Owners Said to Tap Banks for Sale, IPO of £5 Billion Insurer

Insurance Journal

Private equity firms EQT AB and Vitruvian Partners are working with advisers as they explore strategic options for their investment in cyber insurer CFC, according to people familiar with the matter. The buyout group has appointed Evercore Inc. and G...

Posted: Feb 18, 2026

Florida Pool Safety Bills Moving to Address Record Number of Drowning Deaths

Insurance Journal

The 2026 regular session of the Florida Legislature may not make significant changes to the state’s property insurance statutes. But it could become known as the “water safety” session that approved measures aimed at reducing drowni...

Posted: Feb 18, 2026

Judge Says Exxon Mobil Can Sue California AG for Defamation Over Recycling

Insurance Journal

A federal judge rejected California Attorney General Rob Bonta’s bid to dismiss Exxon Mobil’s lawsuit accusing him of defamation in criticizing the oil giant’s advanced plastics recycling initiatives. U.S. District Judge Michael Tru...

Posted: Feb 18, 2026

SterlingRisk Acquires Transportation Specialist ASZ International

Insurance Journal

Insurance broker SterlingRisk of Woodbury, New York announced the acquisition of ASZ International, Inc., a Westchester County, N.Y. agency specializing in transportation risks. The transaction became effective February 1, 2026. As part of the transa...

Posted: Feb 18, 2026

States Reliant on Colorado River Failed to Meet New Consensus Deadline

Insurance Journal

The seven Western states that depend on the Colorado River missed a deadline for the second time Saturday to agree on a plan addressing record drought and water shortages. Arizona Gov. Katie Hobbs, California Gov. Gavin Newsom and Nevada Gov. …

Posted: Feb 18, 2026

Judge Dismisses Charges Against 3 Officers Accused of Mistreating Prisoner

Insurance Journal

A Connecticut judge last Friday dismissed criminal charges against three current and former New Haven police officers who were accused of mistreating prisoner Richard “Randy” Cox after he was paralyzed in the back of a police van in 2022....

Posted: Feb 18, 2026

4 People Die in Small Plane Crash Near Ski Resort

Insurance Journal

Four people are dead after a small plane crashed Friday on a mountain near the Colorado ski resort community of Steamboat Springs, authorities said. An Epic E1000, a six-seat turboprop plane, crashed around 12:20 a.m. with four people on board, &#823...

Posted: Feb 18, 2026

Arthur J. Gallagher Acquires Pennsylvania’s B&W Insurance Agency

Insurance Journal

Arthur J. Gallagher & Co. announced the acquisition of Washington, Pennsylvania-based B&W Insurance Agency, Inc. Terms of the transaction were not disclosed. B&W Insurance Agency offers personal lines and commercial brokerage services to...

Posted: Feb 18, 2026

MUFG EMEA names Oehm as MD, Head of Insurance Coverage, Financial Institutions

Reinsurance News

Mitsubishi UFJ Financial Group, Inc, (MUFG EMEA) has appointed Caroline Oehm as Managing Director (MD), Head of Insurance Coverage, Financial Institutions in EMEA. The move aligns with the firm’s commitment to expand its global coverage of t...

Posted: Feb 18, 2026

Tesla’s Austin Robotaxis Report 14 Crashes in First Eight Months

Insurance Journal

Tesla Inc.’s robotaxis have been involved in over a dozen crashes in Austin since service began, according to reports the carmaker has made to regulators. The electric vehicle maker has said its nascent robotaxi business has been involved in 14...

Posted: Feb 18, 2026

Oregon Warns Spanish Speaking Workers of Scam in Neighboring States

Carrier Management

Oregon Warns Spanish Speaking Workers of Scam in Neighboring States Oregon's D...

Posted: Feb 17, 2026

Co-operators Selects Sapiens for Advisor Platform

IIR

The insurer will deploy digital application and illustration tools to modernize its life advisor ecosystem.

Posted: Feb 17, 2026

Two-Thirds of Independent Agents Plan to Increase AI Use This Year

IA Magazine

Amid increasing adoption and experimentation, and a lack of internal governance, trust and reliability are the main concerns for agents regarding broader artificial intelligence (AI) adoption.

Posted: Feb 17, 2026

Xitus Selects INTX as Core Operating System

IIR

The legacy specialist will deploy the platform to support global run-off, LPT, IBT and captive operations.

Posted: Feb 17, 2026

Sompo Group Expands Guidewire Cloud Adoption

IIR

The long-term agreement supports global migration to Guidewire Cloud Platform and AI-enabled core systems.

Posted: Feb 17, 2026

The Cost of Insurance’s Check Habit

IIR

Paper checks persist across insurance, but rising fraud, operational drag, and shifting customer expectations are exposing the limits of a legacy payment default.

Posted: Feb 17, 2026

Summit expands workers’ comp coverage into Delaware and Pennsylvania

coverager

Independent agents can now use Summit’s WriteNow® Online Quoting System to submit quotes for Delaware and Pennsylvania policies.

Posted: Feb 17, 2026

Security First reduces Florida landlord rates

coverager

The update expands eligibility and coverage options.

Posted: Feb 17, 2026

Generali partners with Swiss Life Global Solutions

coverager

The transaction involves a long‑term partnership and the acquisition of the Swiss Life Network by Generali Employee Benefits.

Posted: Feb 17, 2026

Ryan Specialty leans on “Empower” to drive efficiency

coverager

The deal is expected to close in the second half of 2026, subject to regulatory approvals and customary closing conditions.

Posted: Feb 17, 2026

From Automation to Intelligence: How AI Agents Transform Insurance Workflows

Insurance Thought Leadership

From Automation to Intelligence: How AI Agents Transform Insurance Workflows sradomski Tue, 02/17/2026 - 14:06

Posted: Feb 17, 2026

Popcorn Machine Catches Fire at Oklahoma Basketball Game

Insurance Journal

Oklahoma men’s basketball’s offense wasn’t the only thing that caught fire in the Sooners’ game on Saturday, Feb. 14. A popcorn machine caught fire at Lloyd Noble Center in Norman during the first half of OU’s game again...

Posted: Feb 17, 2026

Pinpoint Predictive Secures Approval in Ohio and Georgia

Insurance Journal

Pinpoint Predictive, a risk assessment platform for property and casualty insurers, announced that its rating models have been approved for use in Ohio and Georgia, bringing its total number of approved states to nine. Insurers operating in Ohio and...

Posted: Feb 17, 2026

Howden Re enhances APAC cat analytics capabilities with new senior appointments

Reinsurance News

Global reinsurance broker Howden Re is boosting its catastrophe analytics presence in Asia with two key senior hires: Renuka Janwalker has been appointed as Head of Catastrophe Analytics, Asia, and Ramdeo Gupta joins as Senior Catastrophe Analyst,...

Posted: Feb 17, 2026