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Marc Roston joins Hamilton’s Board of Directors

Reinsurance News

Hamilton Insurance Group Ltd., a Bermuda-based insurer and reinsurer, has announced the appointment of Marc Roston to its Board of Directors as a shareholder director by Magnitude Capital, LLC. Roston replaces Hawes Bostic, who has served on the H...

Posted: Feb 27, 2026

On Misfortune, Fine Print and Fifteen Uninsured Years

Risk & Insurance

In the last 15 years, I’ve been burgled, slandered, libeled, bankrupted, knocked down by a bicycle, electrocuted and strangled. Yet I haven’t filed a single claim. The post

Posted: Feb 27, 2026

Saudi Re’s revenue increases 48% in 2025, net profit stands at SAR 140m

Reinsurance News

MENA-region reinsurer Saudi Re has announced its financial results for the full year 2025, reporting SAR 1.67 billion in revenue, a 48% increase compared to the same period of the previous year. According to the firm, this growth was supported by...

Posted: Feb 27, 2026

After Hedge Fund Interest, UK’s Flood Re Plans More Cat Bonds

Insurance Journal

Britain’s ultimate backstop against flood-related losses is planning to rely more on the capital markets, after its first ever catastrophe bond drew a lot of interest from specialist investors including hedge fund Fermat Capital Management. Flo...

Posted: Feb 27, 2026

Swiss Re to nominate former Hannover Re CEO Henchoz to serve as Board member

Reinsurance News

Global reinsurer Swiss Re’s Board of Directors plans to nominate Jean-Jacques Henchoz, the former Chief Executive Officer (CEO) of large reinsurer Hannover Re, for election as a new, Non-Executive and Independent member of the Board. The app...

Posted: Feb 27, 2026

How China Is Masking Drone Flights in Potential Taiwan-Invasion Rehearsal

Insurance Journal

A large Chinese military drone has conducted regular flights over the South China Sea in recent months while transmitting false transponder signals that made it appear to be other aircraft, including a sanctioned Belarusian cargo plane and a British...

Posted: Feb 27, 2026

How AI Drives Success for EZLynx Agencies

Insurance Journal

Successful agencies look to improve their workflows in two ways: by making them more meaningful for clients and being able to accomplish them faster. That is where artificial intelligence (AI) comes in as a game-changing ally. Let’s take a look...

Posted: Feb 27, 2026

Miller to acquire Dubai-based reinsurance broker Shields

Reinsurance News

Specialist re/insurance broker Miller has agreed to acquire Shields Reinsurance Brokers Limited (Shields), an independent reinsurance broker based in Dubai, subject to regulatory approval. According to Miller, the acquisition of Shields is highly...

Posted: Feb 27, 2026

Brit’s profits hit $651.8m in 2025 as Bermuda reinsurance platform expands

Reinsurance News

Brit Insurance has disclosed its results for 2025, highlighting profits for the year of $651.8m, an increase of 36.2% from 2024, while insurance premiums written expanded to $3.09bn from $2.98bn. Brit also reported a return on net tangible assets...

Posted: Feb 27, 2026

Heavy Rains Kill Dozens in Southeast Brazil as Flood Risks Mount

Insurance Journal

Heavy rains that began Monday night have left dozens dead and caused widespread destruction in southeastern Brazil, exposing a longstanding structural problem of housing in high-risk areas vulnerable to seasonal downpours. Storms in the state of Mina...

Posted: Feb 27, 2026

Corporate Treasuries Are Slow to Adopt AI, Survey Finds

Insurance Journal

Treasury departments in global companies are struggling to adopt artificial intelligence tools, according to a Crisil Coalition Greenwich survey, underscoring how slowly the technology is penetrating a critical function in corporate finance. Crisil&#...

Posted: Feb 27, 2026

PERILS ups industry loss estimate for Queensland & New South Wales storms to AUD 2.95bn

Reinsurance News

PERILS, the Zurich-based catastrophe insurance data provider, has increased its insurance industry loss estimate for the Queensland and New South Wales Severe Convective Storms (SCS) that occurred 21 to 27 November 2025, to AUD 2.95 billion. This...

Posted: Feb 27, 2026

Amazon Loses Bid to Throw Out 2 Mass Lawsuits From UK Retailers, Consumers

Insurance Journal

Amazon on Thursday lost its latest bid to try to throw out two mass lawsuits from retailers and consumers worth up to 4 billion pounds ($5.41 billion) for allegedly abusing its dominant position. Andreas Stephan, a competition law academic, brought &...

Posted: Feb 27, 2026

Sweden Tells Energy Sector to Raise Security, but Faces no Specific Threat

Insurance Journal

Sweden has told its energy industry to raise security levels following a recent cyberattack on Polish infrastructure, although this was not in response to a specific threat, the Nordic country’s signal intelligence agency said on Thursday. Swed...

Posted: Feb 27, 2026

Fidelis makes preparations for new Pelagos branded entities in Bermuda

Reinsurance News

Fidelis Insurance Group has taken a new step towards its global rebranding, reserving six company names in Bermuda, signalling the group’s preparation for its transition to Pelagos Insurance Capital Limited. While the group has secured multiple na...

Posted: Feb 27, 2026

Swiss Re delivers record Group net income as P&C Re profit rises to $2.8bn

Reinsurance News

Global reinsurer Swiss Re’s Group net income increased by 47% to $4.8 billion in 2025 with a strong performance across the business, including a significant rise in property and casualty (P&C) reinsurance net income on the back of a lowe...

Posted: Feb 27, 2026

HCI reports significant rise in net income to $108m in Q4’25

Reinsurance News

HCI Group, Inc., a Tampa-based insurance holding company, has reported a significant 2,512.4% increase in net income to $108 million in the fourth quarter of 2025, compared with $4 million in the same period a year earlier. For the quarter, pre-ta...

Posted: Feb 27, 2026

Gallagher strengthens dispute resolution insurance team with director appointment

Reinsurance News

Gallagher, the international insurance broking and risk management firm, has appointed specialist investigations and disputes lawyer Alexandra Carr as a Director in its dispute resolution insurance team, with the team ranking as Band 1 for litigat...

Posted: Feb 27, 2026

Vanguard Settles Collusion Suit for $29.5 Million

Insurance Journal

Texas said Vanguard Group Inc. agreed to pay a total of $29.5 million to settle a lawsuit brought by a dozen states that accused the asset manager of colluding to manipulate the energy market and reduce coal output. As part …

Posted: Feb 27, 2026

Rokstone North American Marine launches Inland Marine Equipment program

Reinsurance News

Rokstone North American Marine, part of the international specialty re/insurance MGA Rokstone, has launched a new Inland Marine Equipment program supported by a USD 10 million underwriting facility from QBE. Targeting small to mid-sized contractor...

Posted: Feb 27, 2026

Ford Recalling 4.3 Million US Vehicles Over Software Issue

Insurance Journal

Ford Motor Thursday it is recalling 4.3 million pickup trucks and SUVs in the U.S. because a software error may cause trailer brakes not to function and exterior lights to fail. The U.S. automaker said the recall covers the 2021 …

Posted: Feb 27, 2026

Walmart to Pay $100 Million to Settle FTC Case on Driver Wages

Insurance Journal

Walmart Inc. agreed to pay $100 million Thursday to settle a lawsuit by the US Federal Trade Commission and a group of states alleging the company withheld tips and misrepresented wages to drivers who deliver orders as part of its …

Posted: Feb 27, 2026

Hacker Used Anthropic’s Claude to Steal Mexican Data Trove

Insurance Journal

A hacker exploited Anthropic PBC’s artificial intelligence chatbot to carry out a series of attacks against Mexican government agencies, resulting in the theft of a huge trove of sensitive tax and voter information, according to cybersecurity r...

Posted: Feb 27, 2026

People Moves: Byrd Joins Alliant as Employee Benefits SVP in North Carolina

Insurance Journal

Byrd Joins Alliant as Employee Benefits SVP in North Carolina Backed by over 25 years of experience, Steve Byrd joined Alliant Insurance Services, headquartered in Irvine, California, as senior vice president within its employee benefits group. Based...

Posted: Feb 27, 2026

Florida Appeals Court Pulls the Plug on Physician Dispensing in Workers’ Comp

Insurance Journal

For more than a decade, insurance companies and physician groups have battled it out over the true meaning of Florida statutes: Are doctors considered pharmacists, allowed to dispense medications to injured workers, often at a higher price? A Florida...

Posted: Feb 27, 2026

AI-Generated Job Ads Discriminated Against U.S. Workers, Says U.S. Civil Rights Unit

Insurance Journal

The Department of Justice reported it has secured a settlement agreement with a Virginia information technology (IT) services firm that is says discriminated against U.S. workers by advertising jobs with unauthorized citizenship status restrictions....

Posted: Feb 27, 2026

AI-Generated Job Ads Discriminated Against US.Workers, Says US Civil Rights Unit

Insurance Journal

The Department of Justice reported it has secured a settlement agreement with a Virginia information technology (IT) services firm that is says discriminated against U.S. workers by advertising jobs with unauthorized citizenship status restrictions....

Posted: Feb 27, 2026

AI-Generated Job Ads Discriminated Against US Workers, Says Civil Rights Unit

Insurance Journal

The Department of Justice (DOJ) reported it has secured a settlement agreement with a Virginia information technology services firm that is says discriminated against U.S. workers by advertising jobs with unauthorized citizenship status restrictions....

Posted: Feb 27, 2026

New York Sues Video Game Developer Valve, Says Its ‘Loot Boxes’ Are Gambling

Insurance Journal

New York’s attorney general sued Valve, a video game developer whose franchises include Counter-Strike, Team Fortress and Dota, accusing it of promoting illegal gambling and threatening to addict children through its use of “loot boxes.&#...

Posted: Feb 27, 2026

OSHA Penalizes Businesses Over 6 Deaths at Colorado Dairy

Insurance Journal

Federal workplace safety regulators penalized three businesses over their failure to protect six Colorado dairy workers who were killed by exposure to highly toxic hydrogen sulfide gas after a manure pipe disconnected in an enclosed space. The U.S. O...

Posted: Feb 27, 2026

Liberty Mutual Re ANZ appoints Casualty Underwriting Manager

Reinsurance News

Liberty Mutual Reinsurance (LM Re), the reinsurance division of Liberty Mutual, has appointed John Nicholls as Casualty Underwriting Manager for Australia and New Zealand (ANZ). Nicholls joins LM Re from the Sydney office of Liberty Specialty Mark...

Posted: Feb 27, 2026

SPG Acquires Property Specialist Proper in Montana

Insurance Journal

Specialty Program Group LLC has acquired Proper Insurance headquartered in Bozeman, Montana. As part of the transaction, Michael Grimland has been named president of Proper. Grimland will lead the business and oversee day-to-day operations, underwrit...

Posted: Feb 27, 2026

Gas Explosion Engulfs House in Flames, Injures Mother and Child in Massachusetts

Insurance Journal

Firefighters in Massachusetts were investigating an explosion Wednesday that left a house engulfed in flames and at least two people injured, authorities said. Emergency workers responded to the fire at the three-family home about 9:50 a.m., fire off...

Posted: Feb 27, 2026

Court Tosses Judgment Blaming Montana Asbestos Deaths on BNSF

Insurance Journal

A federal appeals court has overturned a judge’s finding that BNSF Railway contributed to the deaths of two people in a Montana mining town where thousands have been sickened by asbestos exposure. Following a civil trial, a jury in 2024 …

Posted: Feb 27, 2026

Many State Flood Maps Are Not Up to Date. Connecticut Is Trying to Fix That

Insurance Journal

Connecticut is taking an unusual step to confront a growing national problem: flood maps that lag reality. The state has launched a public climate-risk mapping tool where residents can see the estimated flood exposure of their property — along with &...

Posted: Feb 27, 2026

Many State Flood Maps Are Not Up to Date. Connecticut Is Trying to Fix That.

Insurance Journal

Connecticut is taking an unusual step to confront a growing national problem: flood maps that lag reality. The state has launched a public climate-risk mapping tool where residents can see the estimated flood exposure of their property — along with &...

Posted: Feb 27, 2026

Mosaic and Munich Re introduce AI-specific insurance for developers

Reinsurance News

Mosaic Insurance, a specialist insurer, has partnered with Munich Re, an international reinsurer, to offer a new insurance product tailored to the needs of AI providers. The scheme draws on Munich Re’s aiSure platform, a recognised tool for evalua...

Posted: Feb 27, 2026

State Farm Inked $1.5B Underwriting Profit for 2025 but HO Loss Persists

Insurance Journal

State Farm reported an underwriting gain of $1.5 billion for its property/casualty businesses in 2025, representing a turnaround from an underwriting loss of more than $6 billion in 2024—and more than $10 billion of underwriting losses in each of the...

Posted: Feb 27, 2026

Hackers Used AI to Breach 600 Firewalls in Weeks, Amazon Says

Carrier Management

Hackers Used AI to Breach 600 Firewalls in Weeks, Amazon Says Over the...

Posted: Feb 27, 2026

Court Sharpens Causation Standard in All-Risk Policies in NC Church Mutual Case

Carrier Management

Court Sharpens Causation Standard in All-Risk Policies in NC Church Mutual Case In all-risk po...

Posted: Feb 27, 2026