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El Paso Airspace Reopened After FAA Rescinds 10-Day Flight Restrictions

Insurance Journal

The Federal Aviation Administration reopened airspace over El Paso and part of southern New Mexico on Wednesday morning after shutting it down for a few hours overnight amid an announcement there would be no flights for 10 days. The White …

Posted: Feb 11, 2026

Hinterland Insurance strengthens executive leadership to support programme expansion

Reinsurance News

Hinterland Insurance, an independent insurance MGA and programme administrator focused on hard-to-place risks, has announced the addition of two senior leaders to its executive team, effective February 2, 2026. Evan Krozy has been appointed Chief...

Posted: Feb 11, 2026

Western Snow Drought Raises Fire and Drought Concerns

Insurance Journal

Rain and snow are expected to return to the Rockies and the Western U.S. over the next few weeks, but it’s likely to only make a small dent in the snow drought and dry conditions across parts of the West. …

Posted: Feb 11, 2026

Tennessee Approves Smallest Drop in Workers’ Compensation Costs in Years

Insurance Journal

The average workers’ compensation rates for the Tennessee voluntary market should drop about 2% this year, marking the 13th straight year for lower rates in the state. It’s also the smallest decrease in years. “Safer workplaces wher...

Posted: Feb 11, 2026

Roberta Urban named CME and Deputy CEO of Munich Re Italia

Reinsurance News

Munich Re Italia has appointed Roberta Urban as Client Management Executive and Deputy CEO. With more than 20 years in the reinsurance sector, Urban has reportedly developed deep expertise in underwriting, client management, and MGA leadership, dr...

Posted: Feb 11, 2026

Liberty Mutual to Partner With Net-Zero Focused PE Firm Ara

Carrier Management

Liberty Mutual to Partner With Net-Zero Focused PE Firm Ara Liberty Mutual Group Inc.'s asset-managemen...

Posted: Feb 11, 2026

New Mexico Lawsuit Accuses Meta of Failing to Protect Children

Insurance Journal

Meta has failed to disclose what it knows about the harmful effect of its platforms on children in violation of New Mexico’s consumer protection laws, a state prosecutor said Monday as a trial began over the dangers of child sexual …

Posted: Feb 11, 2026

AIG achieved enhanced terms and favourable pricing at Jan 1 reinsurance renewals: CEO Zaffino

Reinsurance News

Peter Zaffino, Chairman and Chief Executive Officer (CEO) of global insurer AIG, said today that he’s “very pleased” with the carrier’s outcome at the January 1st, 2026, reinsurance renewals, as the environment was very fav...

Posted: Feb 11, 2026

West Virginians Could Soon Lose Access to 28% of Affordable Housing

Insurance Journal

At 93, Anna Lee Pettit lives alone in a first-floor apartment at Morgantown’s Unity House Apartments, where she can get her mail indoors and avoid hauling garbage outside in the winter. She survives on Social Security benefits and said she &#82...

Posted: Feb 11, 2026

House Votes to Restrict China’s Global Financial Institution Ties If Taiwan Threatened

Insurance Journal

The US House on Tuesday passed a bill that would seek to exclude China from global financial institutions if it were to threaten Taiwan and pose a danger to American interests. The legislation would establish US policy to block Chinese …

Posted: Feb 11, 2026

Portuguese Insurer Fidelidade Said to Be Worth at Least €3 Billion in Revived IPO

Insurance Journal

Fidelidade-Companhia de Seguros SA, the Portuguese insurer controlled by Chinese conglomerate Fosun International Ltd., is carrying out preliminary work toward a potential listing in Lisbon that could value the company at more than €3 billion, accord...

Posted: Feb 11, 2026

Fitch warns of structural shift as AV liability moves toward manufacturers

Reinsurance News

While autonomous vehicles (AVs) are expected to fundamentally reshape auto insurance markets over the long term, a new report from Fitch Ratings says their credit impact on auto insurers is likely to remain modest over the next decade. According t...

Posted: Feb 11, 2026

Lüt partners with Frankenmuth Credit Union

coverager

The two partnered to provide compliant, cashless payment options for licensed cannabis businesses in Michigan.

Posted: Feb 11, 2026

SAIC Motor partners with Lockton

coverager

Supports SAIC’s global expansion with cross-border risk and insurance solutions.

Posted: Feb 11, 2026

Vibrant Capital launches operator-led platform to scale AI adoption

coverager

The company will be led by CEO Shadman Zafar.

Posted: Feb 11, 2026

FDA to Review Decades-Old Food Preservative in Safety Overhaul

Insurance Journal

The U.S. Food and Drug Administration on Tuesday launched a broad review of a long-used synthetic preservative used in packaged foods, as the agency steps up efforts to reassess chemicals long allowed in the U.S. food supply. The FDA issued …

Posted: Feb 11, 2026

PoloWorks expands use of DXC Technology’s Assure Commercial & Specialty

Reinsurance News

PoloWorks, a Lloyd’s and London Market insurance services business, has expanded the use of DXC Technology’s Assure Commercial & Specialty following the onboarding of three new Lloyd’s syndicates. DXC Technology, the global technology se...

Posted: Feb 11, 2026

Local Regulators Deny Rezoning Request for Pennsylvania Data Center Development

Insurance Journal

A county commission in Pennsylvania on Tuesday denied a request by Talen Energy to rezone hundreds of acres of land for the development of data centers, marking the latest example of local pushback hampering the U.S. expansion of server warehouses. &...

Posted: Feb 11, 2026

Vantage Risk appoints Oliver Ross as Head of Bermuda Casualty

Reinsurance News

Vantage Risk Companies, an insurance and reinsurance organisation that operates across key international markets, including Bermuda, has announced the appointment of Oliver Ross as Head of Bermuda Casualty, strengthening the company’s leadership t...

Posted: Feb 11, 2026

EU Aims to Use Global Upheaval to Drive New Single Market Push

Insurance Journal

European Council President Antonio Costa said leaders are ready to make another push to unify their markets, arguing that a fracturing world order could force action on languishing reforms. “My feeling is there is a real commitment for all the...

Posted: Feb 11, 2026

Reinsurance profitability to remain strong in 2026: Autonomous

Reinsurance News

Despite a softening in pricing, industry leaders suggest that structural improvements and “inherently good” price adequacy are set to maintain high margins, leading Autonomous to forecast strong reinsurance profitability for 2026. The sector enter...

Posted: Feb 11, 2026

Volt Underwriting adds Alasdair Haines as Senior Midstream Energy Underwriter

Reinsurance News

Volt Underwriting, a Managing General Agent (MGA) specialising in the energy sector, has appointed Alasdair Haines as Senior Midstream Energy Underwriter. Haines has spent nearly ten years at QBE Insurance, most recently as Senior Underwriter, Ons...

Posted: Feb 11, 2026

Estee Lauder Sues Walmart Over Alleged Counterfeit Fragrances

Insurance Journal

Estee Lauder sued Walmart in California federal court on Monday, accusing the retail giant of selling knockoffs of Estee Lauder fragrance and skin care brands including Clinique, Tom Ford and Le Labo. Estee Lauder said in the lawsuit that Walmart &#8...

Posted: Feb 11, 2026

South Korea Crypto Exchange Bithumb Says System Flaws Led to $40 Billion Error

Insurance Journal

South Korea’s Bithumb said on Wednesday that serious flaws had left the crypto exchange’s internal system susceptible to potential sabotage and failed to prevent an erroneous transfer of more than $40 billion in assets last week. The coun...

Posted: Feb 11, 2026

Climate Change and Budget Cuts Fueled South American Blazes

Insurance Journal

Human-induced climate change, along with land-use shifts and budget cuts, likely worsened recent wildfires in Argentina and Chile that are threatening some of the world’s oldest trees, an analysis has found. These regions are now receiving 20%...

Posted: Feb 11, 2026

João Mendonça joins Acrisure Portugal as CEO

Reinsurance News

Acrisure Portugal, part of global fintech firm Acrisure, has appointed João Mendonça as its new Chief Executive Officer (CEO), effective immediately. Mendonça brings more than 25 years of experience in the insurance sector to the role. He most rec...

Posted: Feb 11, 2026

Everspan names new President and General Counsel to support growth

Reinsurance News

Everspan Group, a specialty property and casualty insurance platform and wholly owned subsidiary of Octave Specialty Group, Inc., has announced two leadership appointments designed to advance the company’s next stage of expansion. Darwin Lucas has...

Posted: Feb 11, 2026

Canadian Airlines Suspend Cuba Flights as Island Set to Run Out of Jet Fuel

Insurance Journal

Canadian airlines on Monday suspended flights to Cuba, which warned it was running out of jet fuel, as the U.S. tightens its grip on the communist-run nation’s oil supply by blocking shipments from Venezuela. Air Canada, the country’s big...

Posted: Feb 11, 2026

PIC closes £155m buy-in for Vistry’s Final Salary Pension Schemes

Reinsurance News

Pension Insurance Corporation plc (PIC), a specialist insurer of defined benefit pension schemes, has completed a £155 million buy-in with the Trustee of Vistry’s Final Salary Pension Schemes, covering the pensions of 1,671 members. The transactio...

Posted: Feb 11, 2026

Acorn Owners Said to Weigh Options for £1 Billion UK Cab Insurer

Insurance Journal

The owners of British specialist motor and home insurer Acorn Group are exploring strategic options including selling a controlling stake in the company, according to people familiar with the matter. The London black cab insurer’s shareholders,...

Posted: Feb 11, 2026

I-RE bolsters Bermuda leadership team with senior changes

Reinsurance News

Specialist captive insurance and reinsurance underwriter I–RE has strengthened its leadership team in Bermuda, appointing Simon Long as Managing Director of I–RE Ltd and Charles Kittrell to Underwriting Operations. As Managing Director, I–RE said...

Posted: Feb 11, 2026

AIG’s GI underwriting income rises 48% in Q4’25

Reinsurance News

Global insurer American International Group, Inc. (AIG) reported that its General Insurance (GI) underwriting income rose 48% year-over-year to $670 million in the fourth quarter of 2025, up from $454 million in the same period in 2024. The increa...

Posted: Feb 11, 2026

Chaucer and Armilla AI introduce Vanguard AI to streamline cyber, technology and AI liability protec...

Reinsurance News

Chaucer Group, the specialty re/insurance group, has partnered with Armilla AI, a specialist in AI liability insurance and risk assessment, to introduce Vanguard AI, a unified insurance solution developed to manage cyber, technology and AI-related...

Posted: Feb 11, 2026

AmTrust International launches Australia branch insurer

Reinsurance News

AmTrust International, a global specialty insurer and subsidiary of AmTrust Financial Services, Inc., has strengthened its presence in the Australian market with the launch of its APRA licensed entity ‘AmTrust Specialty Limited’ in the country. Th...

Posted: Feb 11, 2026

Toa Re Europe & French mutual reinsurer MCR enter multi-year quota share reinsurance agreement

Reinsurance News

French mutual reinsurance company, Mutuelle Centrale de Réassurance (MCR) and Toa Re Europe, the European subsidiary of the Japanese reinsurer, have entered into a multi-year quota share reinsurance agreement, designed to strengthen the former&#82...

Posted: Feb 11, 2026