All Posts
Insurance Business Magazine - US
Posted: Apr 14, 2025
To accelerate progress against its strategic objectives, RSA will rebrand to Intact Insurance.
Posted: Apr 14, 2025
Cambridge, MA, April 14, 2025 – COUNTRY Financial and Cambridge Mobile Telematics (CMT), the world’s largest telematics service provider, announce DriverIQ Auto Telematics Program is Improving Safe Driving Behaviors....
Posted: Apr 14, 2025
The appointment is effective immediately.
Posted: Apr 14, 2025
Klaimy will use the funding to scale its engineering and data science teams.
Posted: Apr 14, 2025
Arkatechture platform supports credit unions by enabling data-driven business decisions.
Posted: Apr 14, 2025
The U.S. Equal Employment Opportunity Commission (EEOC) sued R&L Carriers Shared Services, LLC, a freight transportation and logistics company, to enforce a subpoena that the EEOC issued during their investigation of a sex and pregnancy discrimin...
Posted: Apr 14, 2025
A 62-year-old Houston resident has admitted to laundering proceeds from a large-scale bank fraud scheme, announced U.S. Attorney Nicholas J. Ganjei. William Mills admitted that from 2014 to 2023, he conspired with others in a bank fraud scheme involv...
Posted: Apr 14, 2025
A Texas man who says Titans cornerback L’Jarius Sneed or his personal assistant shot at him while he was sitting inside a Mercedes-Benz on a dealer lot in December is suing the two-time Super Bowl champ for at least $1 …
Posted: Apr 14, 2025
French reinsurer Arundo Re has hired Kshitij Chirimar as Senior Underwriter for the Indian sub-continent, expanding the company’s presence across the region. Chirimar brings more than 10 years of reinsurance industry experience to the role,...
Posted: Apr 14, 2025
The Regional Emergency Preparedness and Inclusive Access to Recovery (REPAIR) programme, a collaborative initiative led by the World Bank, supported by the Global Shield Financing Facility (GSFF), and implemented by ARC Ltd., an affiliate of the A...
Posted: Apr 14, 2025
Munich Re said in a recent report it expects the global cyber insurance market to reach about $16.3 billion gross premiums in 2025, with continued growth that will have the market at more than $32 billion in 2023. In “Cyber …
Posted: Apr 14, 2025
Higginbotham, one of the largest insurance agencies headquartered in Texas, has expanded its footprint in the Southeast by adding agencies in Georgia and Tennessee. The firm announced that Tidwell & Hilburn Insurance in Macon has become the 11th...
Posted: Apr 14, 2025
Intact Financial Corporation, a Canadian property and casualty insurer, has estimated total catastrophe losses for the first quarter of 2025 of approximately $244 million, pre-tax and net of reinsurance. Personal lines contributed $82 million, whi...
Posted: Apr 14, 2025
COVINGTON, Ga. (AP) — A Walmart employee shot and killed a co-worker inside a Georgia store and critically wounded another worker outside early Friday while the business was closed to the public, authorities said. After leaving the store, the gunman...
Posted: Apr 14, 2025
Energy insurers chasing market share and cutting rates, despite concerns about profitability, WTW reports. The post Energy Insurance B...
Posted: Apr 14, 2025
American Integrity Insurance Group, a provider of residential property insurance in Florida, has promoted Patrick Madigan to Senior Vice President (SVP) of Underwriting and Client Services. In the expanded role, Madigan will continue to shape the...
Posted: Apr 14, 2025
The catastrophe bond and related insurance-linked securities (ILS) market witnessed a huge $7.1 billion of issuance in the first quarter of 2025, a new record for the period, which helped take the outstanding market size to a new high of $52.2 bil...
Posted: Apr 14, 2025
Novatae Risk Group, a wholesale insurance brokerage, managing general agency, and program manager, has acquired the assets of Atalanta-domiciled Ajax Specialty Insurance. The terms of the transaction were not disclosed. Founded in 2012 by current...
Posted: Apr 14, 2025
Reinsurance broker Gallagher Re has pegged preliminary insured losses from the persistent flooding and severe weather across the central and southern US in early April at between $1 billion and $3 billion, but warns that this initial range is subj...
Posted: Apr 14, 2025
New York Attorney General Letitia James urged lawmakers on Thursday to pass legislation to create a federal regulatory framework for cryptocurrencies, arguing that digital asset investors urgently need stronger protections. In a letter to top congres...
Posted: Apr 14, 2025
Brenden Beeg has joined Amwins, a distributor of specialty insurance products and services, as Vice President – Alternative Risk. In his new role, he will be working alongside Alex Kaplan, Amwins’s Executive Vice President for Alternative Ri...
Posted: Apr 14, 2025
Estonia’s navy stopped and boarded a sanctioned, Russia-bound vessel in the Baltic Sea on Friday over its insurance status and suspicions that the vessel belonged to Moscow’s shadow fleet, which facilitates the illicit trade in Russian oi...
Posted: Apr 14, 2025
Moody’s Ratings has changed the outlook of Peak Re to positive from stable, citing that the contagion risk from the reinsurer’s majority shareholder, Fosun International Limited, is declining. According to the rating agency, the contagion ri...
Posted: Apr 14, 2025
Insurance Business Magazine - US
Posted: Apr 14, 2025
A deadly landslide at a top nickel-producing hub in Indonesia has heightened scrutiny of a method used to extract the battery metal from low-grade ore, spurring concern among buyers about the future of a vital source of supply. Two workers …
Posted: Apr 14, 2025
Canopius Group, a global specialty and P&C insurer and reinsurer, has appointed Andrew Ziolkowski as its new Head of Australia and New Zealand (ANZ), effective October 25th, 2025. He succeeds Craig Elliot, who has served as interim head of the...
Posted: Apr 14, 2025
Aon’s Climate Risk Advisory and environmental risk solutions teams have developed a new specialty insurance product to cover liabilities and mitigate the risk associated with the plugging of abandoned oil and gas wells in the US. The new Plug and...
Posted: Apr 14, 2025
Morocco ‘s social security agency said troves of data were stolen from its systems in a cyberattack this week that resulted in personal information being leaked on the messaging app Telegram. The North African kingdom’s social security fu...
Posted: Apr 14, 2025
The United Kingdom’s non-life insurance sector is expected to remain on stable footing in the near term, according to credit rating agency AM Best, which recently reaffirmed its outlook for the market. One of the more significant development...
Posted: Apr 14, 2025
The weather forecasting industry has made big leaps in accuracy but has struggled with hyper-local predictions. But the proliferation of AI weather models in recent years means small, commercial firms are now developing the ability to rapidly make sp...
Posted: Apr 14, 2025
Smart Inbox automates processing of documents for both agency bill and direct bill workflows San Francisco, August 14, 2025 – Ascend, the leading financial operations automation platform for the insurance industry, today announced the launch of Smart...
Posted: Apr 14, 2025
Reinsurance broker Gallagher Re has announced the appointment of Tom Dixon as Head of Legacy UK. Dixon brings 20 years of experience in insurance and transactions, beginning in insurance audit and transaction services before transitioning into non...
Posted: Apr 14, 2025
Underreporting of business interruption exposures can be just expensive as the same shortfall in property. The post
Posted: Apr 14, 2025
Ageas has agreed to buy British car and home insurer esure from Bain Capital for 1.3 billion pounds ($1.7 billion) in a move that will create the third largest personal lines platform in the UK, the Belgian insurance company said …
Posted: Apr 14, 2025
Munich Re Specialty, part of the Munich Re Group insurance operations, has completed the sale of boat insurance specialist GJW Direct to Ripe. The deal, first announced in October 2024, marks the transfer of GJW Direct after more than 20 years as...
Posted: Apr 14, 2025
Developing markets-focused re/insurance group Africa Specialty Risks (ASR) has appointed Trevor Oates as Head of Reinsurance. Oates joins ASR from Canopius, where he spent 25 years in a range of underwriting roles, most recently as a treaty underw...
Posted: Apr 14, 2025
Sompo Asia Pacific has announced the appointment of Pui Ying Fun as Vice President, Regional Treasurer, Asia Pacific (APAC). In her new role, Fun will be responsible for managing Sompo’s financial resources, ensuring liquidity, helping optimise ca...
Posted: Apr 14, 2025
Federal regulators have ordered the operator of the Keystone Pipeline to take several corrective actions after a rupture caused 147,000 gallons of oil to spill onto farmland in North Dakota, and the company said its goal is to resume deliveries ̷...
Posted: Apr 14, 2025
Federal regulators have ordered the operator of the Keystone Pipeline to take several corrective actions after a rupture caused 147,000 gallons of oil to spill onto farmland in North Dakota, and the company said its goal is to resume deliveries ̷...
Posted: Apr 14, 2025
Ageas has agreed with Bain Capital to acquire esure, a digital UK personal lines insurer, for a cash consideration of £1.295 billion. Ageas suggested that the acquisition will strengthen its presence in European markets by adding a controlled enti...
Posted: Apr 14, 2025