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The owners of Colony Ridge, a Houston-area developer accused of running a predatory lending scheme that deceived Latinos, agreed to a sweeping legal settlement that will require them to invest in law enforcement and infrastructure on their properties...
Posted: Feb 13, 2026
Gainesville, Florida-based King Risk Partners has acquired the Hanc Group, an insurance agency that serves the Korean-American community and others in north Georgia, King Risk announced this week. Rick Han, owner of Alpharetta-based Hanc Group, said...
Posted: Feb 13, 2026
ZestyAI said Marsh McLennan Agency has adopted its risk analytics to enhance risk assessments for a small segment of its high-net-worth clients with catastrophe-prone properties. The provider of AI-powered property and climate risk analytics said its...
Posted: Feb 13, 2026
Tokio Marine Holdings has announced its financial results for the third quarter of the 2025 fiscal year, reporting that its international business profits reached JPY376.7 billion, a 19% increase compared to the same period they year prior. This p...
Posted: Feb 13, 2026
Kansas Insurance Commissioner Vicki Schmidt announced a Reno County man has been sentenced to 21 months in prison for insurance fraud, making false information, and forgery. Larry Wilson, aged 54, pleaded guilty on December 11, 2025, in Reno County D...
Posted: Feb 13, 2026
Enstar Group Limited, global insurance and reinsurance group backed by investment vehicles managed by affiliates of global investment firm Sixth Street, announced it has entered into a definitive stock purchase agreement to acquire 100% of the shares...
Posted: Feb 13, 2026
Three contract workers suffered burns while working on transport operations at the ExxonMobil XOM.N facility in Beaumont, Texas, KDFM and other media reported late on Thursday. The KDFM report cited a statement from ExxonMobil, which said the contrac...
Posted: Feb 13, 2026
Chubb has announced a number of North America Field Operations leadership changes, which include the appointment of Chad Yarlagadda as Regional Executive Officer, Midwest Region; Ben Mortimer as Regional Executive Officer, Southeast Region; and Ke...
Posted: Feb 13, 2026
American International Group (AIG) made substantial progress in artificial intelligence within the last year, and its outcomes and capabilities are more than previously predicted. The insurer during an Investor Day less than a year ago presented the...
Posted: Feb 13, 2026
Enstar, a global insurance and reinsurance group backed by investment vehicles managed by affiliates of Sixth Street, has entered into a definitive stock purchase agreement to acquire 100% of the shares of Accident Fund Holdings, Inc. (AF Group) f...
Posted: Feb 13, 2026
The nation’s largest public utility says it now would prefer to keep operating two coal-fired power plants it had planned to shutter, changing course before a meeting of its board, which has a majority of members picked by the coal-friendly ...
Posted: Feb 13, 2026
International specialty insurance firm, Ryan Specialty, has reported a 13.2% rise in total revenue for the fourth quarter of 2025 to $751.2 million, compared to $663.5 million in the prior-year period, with an organic growth rate of 6.6%. The insu...
Posted: Feb 13, 2026
Insurance Business Magazine - US
Posted: Feb 13, 2026
‘Structural Shift’ Occurring in California Surplus Lines The Los Angeles wildfi...
Posted: Feb 13, 2026
MAPFRE Re announced it has obtained regulatory approval from the International Financial Services Centres Authority (IFSCA) of India to open its newest branch office in Gujarat. MAPFRE Re said its relationship with the Indian insurance market dates b...
Posted: Feb 13, 2026
Matthew J. Platkin, who served as New Jersey’s attorney general from 2022 to 2026, has opened a law office along with three other attorneys who served with him in that office. Platkin vows to focus on complex civil and public …
Posted: Feb 13, 2026
The latest people news in the industry today. The post Jim Marcoulier Promoted to Director of Underwriting at A....
Posted: Feb 13, 2026
The latest people news in the industry today. The post Awais Farooq Appointed Chief Claims Officer at Venbrook Group appeared first on...
Posted: Feb 13, 2026
The latest people news in the industry today. The post James Crask Named Global Supply Chain Practice Leader at Marsh Risk appea...
Posted: Feb 13, 2026
The latest people news in the industry today. The post Joe Peiser Named CEO of Risk Capital at Aon appeared first on
Posted: Feb 13, 2026
China’s market regulator has ordered infant formula makers to test for cereulide, a toxin that has triggered precautionary recalls worldwide by some of the largest food companies. Producers must strictly enforce controls on raw materials and pr...
Posted: Feb 13, 2026
Nestlé SA is ramping up production of infant formula to avert a shortage, after a contamination crisis led the Swiss foodmaker and rival producers Danone SA and Groupe Lactalis to recall hundreds of batches. Five Nestlé factories in France, Spain, &#...
Posted: Feb 13, 2026
The U.S. Forest Service’s plan to conduct controlled burning over the next 15 years in Vermont near popular recreation spots Lake Dunmore and Silver Lake has faced public opposition during a comment period that ends this week. The project, call...
Posted: Feb 13, 2026
Italy-headquartered insurer Generali has launched a new group software factory, Generali Core Tech, to advance its technological transformation. This move aligns with the insurer’s “Lifetime Partner 27: Driving Excellence” strate...
Posted: Feb 13, 2026
AXA XL, the P&C and specialty risk division of AXA, has partnered with U.S. Marine Insurance Group (USMIG) to offer Shipper’s Interest insurance, addressing market shifts in the logistics landscape. The pair’s collaboration kicked off in...
Posted: Feb 13, 2026
Bermuda-based Sompo International, the international operating arm of the Tokyo-based Sompo Holdings, has disclosed total insurance revenue for the first nine months of the 2025 fiscal year of $12.05 billion, up $835 million from the same period o...
Posted: Feb 13, 2026
More than 1,000 properties flooded in London in 2021, resulting in insurance losses of more than £281 million. Record-breaking floods continue to hit the UK. In the capital, 13% of properties have been classed as having a high or medium …
Posted: Feb 13, 2026
Michael Lewis has been promoted to President of Marsh Risk Canada, succeeding Sarah Robson, who will continue to serve as Marsh Canada CEO. Starting April 1st, Lewis will be responsible for the strategic development and execution of Marsh RiskR...
Posted: Feb 13, 2026
Brazilian reinsurance company IRB(Re) produced a stronger underwriting result for both the fourth quarter and full year 2025 with an improved combined ratio, although the top-line reduced for both periods, driven mostly by the impact of cancelled...
Posted: Feb 13, 2026
Spanish insurance company MAPFRE’s reinsurance branch, MAPFRE Re, has received approval from the International Financial Services Centres Authority (IFSCA) of India to open its newest branch office in Gujarat International Finance Tec-City (...
Posted: Feb 13, 2026
Dutch telecommunications group Odido said it was hit with a cyberattack that compromised customer data, though services have remained operational. The mobile network, owned by buyout firms Apax Partners and Warburg Pincus, said Thursday in a statemen...
Posted: Feb 13, 2026
Emma Loynes has been promoted to the role of Chief Executive Officer (CEO) of Asia-Pacific, Middle East and Africa (APMEA) at the specialist Lloyd’s insurance and reinsurance marketplace, succeeding Chris Mackinnon. Loynes joined Lloyd’...
Posted: Feb 13, 2026
Girnar Insurance Brokers Pvt., which operates insurance tech startup InsuranceDekho, is weighing an initial public offering in Mumbai that could raise as much as $250 million, according to people familiar with the matter. The Gurugram-based insurance...
Posted: Feb 13, 2026
MS Re, the Switzerland-domiciled reinsurance entity of MS&AD Holdings, has reported net income of $341 million for the first nine months of 2025 on an IFRS 17 basis, representing an increase of $119 million from $222 million in the same period...
Posted: Feb 13, 2026
Since implementing the cloud-based MGA platform, Lane & Associates has achieved 190% premium growth and a 6x increase in net income. Background Lane & Associates is a Louisiana-based independent surplus lines broker and MGA specializing in co...
Posted: Feb 13, 2026
Liberty Mutual Insurance, a property and casualty insurer, has recently announced that Neeti Bhalla Johnson will step down from her role as President of Global Risk Solutions (GRS) effective March 6, 2026, as she pursues new opportunities. As Pres...
Posted: Feb 13, 2026
DUAL, one of the world’s largest Managing General Agents (MGAs) and part of Howden, has partnered with global reinsurer SCOR to bring enhanced capacity to the Brazilian corporate insurance market. Under the agreement, DUAL Brazil and SCOR will rep...
Posted: Feb 13, 2026
Kuwait Reinsurance Company achieved a roughly 41% year-on-year rise in net profit for 2025 to $65 million, as total insurance revenue increased by 13% to around $294 million. After insurance services expenses of $257 million in 2025, the insurance...
Posted: Feb 13, 2026
Global re/insurer MS Amlin, part of MS&AD Holdings, generated an insurance service profit of £183 million for the period January to September 2025 (Q3’25), an increase of 53% year-on-year, as the firm’s combined ratio strengthened...
Posted: Feb 13, 2026
The specialist Lloyd’s insurance and reinsurance marketplace has confirmed the additions of both Fiona Luck and Sean McGovern as Deputy Chairs, joining Victoria Carter who has served in the role since 2021. Luck joined the Lloyd’s Coun...
Posted: Feb 13, 2026